In an attempt to make Nigeria a $1 trillion economy by 2030, the federal government has started a new project to create an economic and financial inclusion framework and operational model. The project’s goal is to eradicate poverty and start a chain reaction of sustainable economic growth. According to a statement from his media assistant, […]
By Temitope Adebayo The Nigerian Licensed Ship Chandlers Association, has said that lack of financial support, among many other critical issues, led to Nigeria’s $15 billion annually loss in ship chandling and related services. President of the Association, Dr Martins Enebeli, who highlighted the critical issues facing Nigeria’s maritime sector, recently stated that the country’s […]
Lagos – A capital market expert, Mr Sola Oni, on Thursday identified finance, health , technology and agriculture as sectors to watch on the Nigerian Stock Exchange (NSE) in 2020. Oni, the Chief Executive Officer (CEO) of Sofunix Investment and Communications, stated this in Lagos while speaking on market outlook for 2020. He said that […]
Former Arsenal defender Emmanuel Eboue has told the Mirror he is financially ruined and is battling with suicidal thoughts. Eboue, 34, has not played football since seeing his Sunderland contract cancelled after being hit with a year-long FIFA ban in March 2016 over a contractual dispute with a former agent. The former Ivory Coast international […]
The gender gap in Federal Capital Territory (FCT) is narrow and continues to get slimmer by the day, says an agency of FCT Administration (FCTA). According to the Gender Development Department of FCTA, the gap is so small that sooner rather than later, it would be nothing to write home about. Acting Director of the […]
Innovative financial solutions like factoring and credit insurance offer keys to the growth of small and medium-sized enterprises (SMEs) in Africa and can enhance regional integration, participants at an annual workshop on factoring held on Sal Island in Cape Verde, have heard. The one-day workshop was organized by the African Export-Import Bank (Afreximbank) on 9 […]
The Presidential Media Team has said that the Economic and Financial Crimes Commission (EFCC) is changing the narrative of criminal prosecution in the country. In an excerpt from its forthcoming book, the team stated that the nation’s leading anti-graft agency was setting a new standard for law enforcement with its unprecedented achievements in the last […]
An operative from the Economic and Financial Crimes Commission, Abdullahi Lawal, on Friday painted a graphic details of how a Federal High Court Judge, Justice Rita Ofili-Ajumogobia tried to cover her tracks with 11 mobile phones while she was being investigated. It was at the resumed trial of Justice Ofili-Ajumogobia alongside a Senior Advocate of […]
The Federal High Court in Lagos has ordered the temporary forfeiture of Flat 7B Osborne Towers, Ikoyi, Lagos where the sums of $43,449,947, £27,800 and N23,218,000 were discovered stashed in iron cabinets and “Ghana-must-go” bags in April. Justice Saliu Saidu ordered the forfeiture of the building to the Federal Government on Thursday following an ex […]
As Edo State judicial workers mark 2017/2018 legal year, the chief judge, members of the bar and other judiciary workers agitate for a better working environment,Titus Akhigbe write Few weeks ago, Edo State judiciary commenced a new legal year with great expectations from both the bar and the bench. At a ceremony to mark the […]
Sterling Bank Plc, has recorded sustained growth in earnings with 19 percent increase in gross earnings for the third quarter ended 30 September 2017, boosted by 48.9 percent increase in non-interest income. The bank’s gross earnings rose to N94.6 billion during the third quarter ended September 30, 2017 as against N79.7 billion during the corresponding […]
To enable a large utilization of scarce natural, physical and financial resources, the Association of Local Government of Nigeria (ALGON) has unveiled a Comprehensive Local Agriculture Plan (C-LAP) in the agricultural sector. C-LAP, an integrated and participatory action plan for the development of local government areas in agriculture and allied sector is aimed to assess […]
The Centre for Anti-Corruption and Open Leadership (CACOL), has challenged the Federal Government to ensure a thorough and holistic investigation into the facts surrounding the sudden re-emergence of former chairman of the Presidential Task Force on Pension Reforms, Alhaji Abdulrasheed Maina, accused of complicity in a multi-billion pension naira scam and give due punishment for […]
……Cancels 2.5bn shares The much-awaited Linkage Assurance Plc’s, audited result for the financial year ended 31st December, 2015, has finally been released, setting the pace for release of other outstanding results including Q3 2017 unaudited result. Though the company currently carries the tag of RST, which depicts the Nigerian Stock Exchange’s (NSE’s) endorsement for restructuring […]