Finance Archives

Special grant for rural women kicks off

October 16, 2020October 16, 2020

by October 16, 2020October 16, 2020

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajia Sadiya Umar-Farouq has launched a special grant for rural women in all the local...

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Application for FGs N75bn youth investment fund opens

October 16, 2020October 16, 2020

by October 16, 2020October 16, 2020

The Minister of Youth and Sports Development Minister, Mr Sunday Dare, on Thursday, inaugurated the application for the Nigeria Youth Investment Fund in Abuja. The...

Business Finance Headlines News Nigeria

Group applauds re-presentation of Petroleum Industry bill

October 1, 2020October 1, 2020

by October 1, 2020October 1, 2020

An Energy-focused advisory group, the African Energy Chamber has commended the Federal Government for the re-presentation of the Petroleum Industry Bill to the National Assembly...

Business Finance Headlines News Nigeria

FRC advocates strict monitoring of public funds

September 24, 2020September 24, 2020

by September 24, 2020September 24, 2020

The Acting Chairman, Fiscal Responsibility Commission, Mr. Victor Muruako has called for the reintroduction of payment for Monitoring and Evaluation to ensure accountability in the...

Business Finance Headlines News Nigeria

CBN threatens banks over farmers fund

September 22, 2020September 22, 2020

by September 22, 2020September 22, 2020

The Central Bank of Nigeria has threatened to sanction banks that delay the disbursement of funds to farmers under it Anchor Borrower’s Program. The Bank’s...

Business Finance Headlines News Nigeria

MSME’s Survival Fund kicks off today

September 21, 2020September 21, 2020

by September 21, 2020September 21, 2020

One of the Federal Government’s post-COVID-19 intervention programmes for small businesses known as the Survival Fund will be opened to the public today. A statement...

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Inflation rises by over 13 per cent

September 15, 2020September 15, 2020

by September 15, 2020September 15, 2020

Nigeria’s inflation rate for August has risen by 13.22 percent, the highest increase in 28 months. Data released by the National Bureau of Statistics (NBS)...

N10bn relief fund to be disbursed to road transport subsector

September 10, 2020September 10, 2020

by September 10, 2020September 10, 2020

Minister of State, Transportation, Sen.Gbemisola Saraki with Executives of the NURTW in her office in Abuja, on Thursday, September 10 Ministry of Transportation has constituted...

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Naira appreciates to ₦420 to $1

September 2, 2020September 2, 2020

by September 2, 2020September 2, 2020

The Central Bank of Nigeria says it will inject liquidity into the foreign exchange market by selling forex to licensed Bureau De Change operators. In a...

Business Finance Headlines News Nigeria

PenCom, NAICOM forges alliance on Pension management

September 2, 2020September 2, 2020

by September 2, 2020September 2, 2020

The National Pension Commission (PenCom) and the National Insurance Commission (NAICOM) have signed a Memorandum of Understanding on a Revised Regulation on Retiree Life Annuity....