Germany plans to start returning the artefacts known as the Benin bronzes that are held in its museums to Nigeria from next year, according to authorities. A colonial expedition by British soldiers seized thousands of metal castings and sculptures in 1897 during a raid on the Kingdom of Benin, then separate from British-ruled Nigeria. The […]
By Nimi Princewill, CNN (CNN)One Nigerian teenager must feel like she has the world at her feet after receiving 19 full-ride scholarship offers from universities across the United States and Canada. Victory Yinka-Banjo, a 17-year-old high school graduate, was offered more than $5 million dollars’ worth of scholarship money for an undergraduate program of study, […]
The NNPC GMD attributes the sudden re-emergence of fuel queue to strike action embarked upon by the association of petrol tankers drivers. The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has frowned on the re-emergence of petrol queues in different parts of the country, assuring that the situation would […]
Aironline news recalls that Governor Obaseki had alleged that the government printed extra N60 billion for states to share in March because Nigeria is in huge financial trouble. But the Minister of Finance, Budget and National Planning, Zainab Ahmed, said Obaseki’s claim was very sad because it was “untrue” . The spokesperson of CBN, Osita […]
After nearly a decade of innovation that wowed the world and attracted millions of dollars in venture capital, Nigeria’s financial technology (Fintech) sector is facing a hostile pushback from traditional banks and regulators. Since 2012, Fintechs have helped individuals, especially millennials, and corporate organisations to bridge gaps previously hindering easy access to traditional banking and […]
Godwin Obaseki, governor of Edo, says Nigeria is in huge financial trouble. Obaseki said the federal government printed N60 billion as part of federal allocation for March. Speaking at the Edo state transition committee stakeholders engagement on Thursday, the governor said the economy is no longer what it used to be. According to the National […]
By Daily Trust Reporters Sun Mar 14 2021 A trending means of getting loans as quickly as within 24 hours or less may be helping to create liquidity for employees and owners of Small and Medium Scale Enterprises (SMEs). However, this trend may be luring them to debt traps with the tendency for some to […]
The Central Bank of Nigeria (CBN) is said to receiving applications for its N50 billion targeted credit facility (TCF) aimed at supporting households and micro, small and medium enterprises (MSMEs) affected by the COVID-19 pandemic. The stimulus package, set up by the apex bank in March 2020, is disbursed through the Nigeria Incentive-Based Risk Sharing […]
The probe of the tenure of Babatunde Fowler as Chairman of the Federal Inland Revenue Service (FIRS) has commenced. Recall that President Muhammadu Buhari queried Fowler for poor revenue collections between 2015 and 2018. The query signed by the late Chief of Staff, Abba Kyari, was titled “RE: Budgeted FIRS Collections and actual collections”. On […]
Madagascar President Andry Rajoelina has allegedly declared that the World Health Organization, WHO offered him $20,000,000 to put a little toxic in their remedy for coronavirus as the Europeans hacked their Remedy. Andry Rajoelina says: “People be vigilant, the World Health Organization that we have joined by thinking that it will help us, is there […]
