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 […]
RT. Hon Ukkasha Hamza Rahama GCNY Speaker NYAN has paid tribute to Hon. Ali Bukar Dalori who turned 55 years old today. Rahama, in a message he personally distributed through social media platforms and National daily’s called Dalori a mentor, with whom he has had the greatest experiences in life” The Speaker’s message began with […]
‘‘The Northern Youth Assembly of Nigeria expressed her deep satisfaction with the leadership style of her Excellency, Hajiya Mariam Bala Muhammad, Wife of Bauchi State Governor, taking a cursory look at her impressive records of achievements in the management of humans and resources, with exemplary leadership style, demonstrated in the manner that stimulates behavioral change […]
Niger Delta Youth Council and Niger Delta Ex-Agitators Forum have unanimously condemned the alleged attack on the Minister of Niger Delta Affairs, Mr Godswill Akpabio’s integrity. The Coordinator of the groups, Comrade Livinus Chinedu, condemned the attack in a statement he issued on Saturday in Abuja. He said the groups had watched with concern the […]
The Chief of Staff to the President, Abba Kyari, is dead. Special Adviser to the President on Media and Publicity, Femi Adesina, confirmed this in a press statement. Adesina said the Chief of Staff to Nigeria’s President, Muhammadu Buhari, died on Friday, about 25 days after testing positive for COVID-19. He said, “The Presidency regrets […]
