Adeosun bows to pressure, resigns
The Minister of Finance, Mrs. Kemi Adeosun may have finally bowed to pressure and put in her resignation from President Buhari's cabinet.
The President has been under pressure to fire Adeosun since the allegations of her allege forgery of NYSC certificate went [...]
Story of Abuja’s ‘try your luck’ phone repairers
The rise and advancement in modern technology have provided solutions to most of man’s problems and also eased his ways of doing things, especially in the area of communication.
The advent of communication gadgets no doubt has expanded economic activities across major cities in Nigeria, a [...]
High cost of nomination forms: ‘Political parties have schemed out youths’
On May 31, 2018, President Muhammadu Buhari signed the Not-Too-Young-To-Run Bill into law, lowering the age of candidates seeking political office from 40 to 30 years. However, as political parties be [...]
AfDB develops new approach to evaluate fragility in member countries
The African Development Bank, AfDB, said it has created and refined a new tool to assess fragility in member countries, while taking into account their capacities and pressures they may be under.
The new tool, the Country Resilience and Fragility Assessment, CRFA, offers a completely new method [...]
NDIC advocates stronger ethical standard in banking
The Nigeria Deposit Insurance Corporation, NDIC, has stressed the need for effective collaboration between regulators and operators in the banking system for the establishment of sound ethics and professionalism in the banking industry.
Managing Director and Chief Executive of the NDIC, Umaru I [...]
Emefiele charge banks on MSME funding
Governor of the Central Bank of Nigeria, Godwin Emefiele, has challenged banks and other financial institutions in the country to fund operators of Micro, Small and Medium Enterprises, MSMEs, so as to achieve financial inclusiveness.
The Governor made the call at the 11th Annual Banking and Fin [...]
DisCos chide NERC, face regulatory duties
The Nigerian Electricity Regulatory Commission, NERC, have been asked to concentrate on cost under-recovery and other burning regulatory issues, rather than dissipate energy on activities of unions under its purview.
This advice was given by the Association of Nigerian Electricity Distributors, [...]
Salary arrears: FG bars states from Paris Club Refund
States with backlog of salaries arrears may be excluded from accessing the final tranche of $2.689 billion Paris Club Refund recently approved for the 36 States of the Federation.
The Federal Ministry of Finance had in a statement confirmed that the sum of $2.68billion was approved as final pay [...]
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