archive2020

The Central Bank of Nigeria (CBN) has authorised commercial banks to give up to N2 billion maximum loan to youths interested in going into agriculture. The loan, which comes under the Accelerated Agriculture Development Scheme (AADS) at five per cent interest rate per annum was created by the apex bank...

The Uyo Zonal Office of the Economic and Financial Crimes Commission (EFCC) has arrested one Umoh Archibong, a contractor notorious for allegedly using fake contract documents to obtain about N1.8 billion (One billion, Eight hundred million naira) from unsuspecting members of the public. He was arrested on Friday November 6,...

    The Presidency has explained the circumstances that prevented representatives of the federal government from attending the scheduled meeting with South-South stakeholders on Tuesday. It explained that the last-minute change of plans by the federal government’s team, led by the Chief of Staff to the President, Professor Ibrahim Gambari,...

Statistics from the National Bureau of Statistics (NBS) has revealed that the average price per litre paid by consumers for National Household Kerosene increased by 1.42 per cent month-on-month and by 8.69 per cent year-on-year to N352.93 in October 2020 from N347.98 in September 2020. States with the highest average...

The Federal High Court, Abuja, on Wednesday, ordered the revocation of Abdulrasheed Maina, former Chairman, defunct Pension Reformed Task Team (PRTT)’s bail. Justice Okon Abang, who gave the order in a ruling, also issued a bench warrant for Maina’s arrest anywhere he is sighted. The EFCC’s Lawyer, Mohammed Abubakar, while...

United States President, Donald Trump has fired Christopher Krebs, head of the Cybersecurity and Infrastructure Security Agency (CISA). The senior Department of Homeland Security (DHS) official led the efforts to protect the voting process for the November 3 election. On Tuesday, Krebs in a tweet refuted allegation that election systems...

The Supreme Court on Wednesday dismissed six appeals filed against the election of Douye Diri of the Peoples’ Democratic Party (PDP) as Governor of Bayelsa State. A seven-man panel of the court led by Justice Sylvester Ngwuta, in its first decision, dismissed the appeal by the Advanced Nigeria Democratic Party...

The Ooni of Ile-Ife, Oba Adeyeye Enitan Ogunwusi, is in joyous mood as he has welcomed a son with his wife, Olori Moronke Naomi Silekunola. The joyous king took to his official Instagram account to break the good news and also stated that both mother and child are well. He...

  The Peace Corps of Nigeria (PCN) has expressed its willingness to partner with the Federal Government towards addressing youth restiveness and job creation in the country. The National Commandant of the corps, Prof. Dickson Akoh, made the pledge when he led a delegation to the Secretary to the Government...

For its continued investment in digital innovation, Africa’s largest retail bank, Access Bank PLC, has been recognized as the ‘Best Digital Bank in Africa’ by the Asian Banker. The announcement was made at the Asian Banker Middle East and Africa Regional 2020 Awards virtual ceremony. Access Bank, over the years,...