archiveOctober 2019

  N120m to be given out during promo season Fidelity Bank Plc, top Nigerian lender on Thursday announced the introduction of a new savings campaign in Lagos, as part of concerted efforts to promote the culture of savings amongst Nigerians. The Savings campaign which will ride primarily on digital technologies...

Introduction President Mohammadu Buhari’s 2019 Independence Day address to the nation may have created an enabling platform to encourage new discussions on how to transform Nigeria’s economy. The President’ssetting up of an Economic Advisory Council (EAC) is an important tool in this regard.  At the Platform, a biannual televised conference...

The Senate on Thursday charged security agencies to step up their surveillance on the Bonny-Port-Harcourt waterways. The upper chamber gave the charge following a motion on piracy attacks on Bonny - Port-Harcourt waterways which was sponsored by Senator Betty Apiafi (PDP, Rivers West). The Senate accordingly, also mandated the committee...

    In commemoration of Nigeria’s 59 years’ independence anniversary, Nigeria’s leading retail bank, Access Bank Plc has unveiled a cash incentive campaign tagged “DiamondXtra Independence Splash” to reward over 30 DiamondXtra customers daily with cash prizes. The campaign is set to run from October 2 to October 31, 2019...

There would be no compensation for owners of the 36 dead cows in Ijare town, a stakeholders meeting comprising traditional rulers in Ifedore Local Government Area of Ondo State, Miyetti Allah and representatives of security operatives has resolved. The meeting was chaired by the chairman Ifedore Local Government Council of...

  Isaac Promise  who captained Nigeria to the 2008 Olympic silver medal and scored 79 goals in 11 professional seasons in Turkey, died late Wednesday after collapsing at his apartment gym in Austin, Texas, authorities said. He was 31. It was said Thursday that he died Wednesday night. Police said...

South African President Cyril Ramaphosa Thursday apologised to the Nigerian government after a spate of deadly xenophobic attacks in the country. “We’ve reflected on public violence that took place in SA a few weeks ago, we express our deep regret,” Ramaphosa said during Buhari’s state visit to South Africa. “The...

The Director-General (DG) of National Youth Service Corps (NYSC), Brig.-Gen. Shuaibu Ibrahim, has said that the monthly allowance of corps members is tied to the national minimum wage and any hike will depend on the new wage. He made this known at the News Agency of Nigeria (NAN) Forum in...

  Nigeria’s central bank has levied a charge on 12 banks for a total of more than 400 billion naira ($1.3 billion) for failing to increase loans to meet a regulatory target, three banking sources and one of the lenders told Reuters on Thursday. The central bank in July asked...

    The Senate on Thursday increased the proposed nation’s budget for 2020 from N10.002 trillion to N10.729.4 trillion and passed the 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) submitted to it by President Muhammadu Buhari last week. This followed the presentation and consideration of the report...