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NIRSAL Microfinance Bank Ltd (NMFB), has explained why there is delayed in the disbursement of Central Bank of Nigeria, CBN COVID-19 loan. The stimulus package was announced by the Central Bank of Nigeria (CBN) to help mitigate the impact of the coronavirus pandemic on the economy and businesses. The CBN...
Against the backdrop of the clash between the National Assembly and the Federal Ministry of Labour, Employment and Productivity over the recruitment of 774,000 workers for the Special Works Scheme of the Federal Government, the House of Representatives has called for the immediate suspension of the controversial scheme. At the...
The Nigeria Federal Executive Council has approved the sum N2.3trillion as COVID-19 stimulus plan to support the rejuvenation of the country economy from the adverse effect of the Coronavirus pandemic. The Minister of Finance, Budget and National Planning, Zainab Ahmed stated this at the end of the FEC meeting held...
The Federal Government has inaugurated an 18-man committee for the implementation of the $1.1bn agriculture mechanization scheme known as the Green Imperative Programme. Speaking at the inauguration in Abuja, the Minister of Agriculture and Rural Development, Sabo Nanono noted that the GIP would be funded by the Brazilian government through a loan...
In an interactive session with the NERC on Thursday, the Senate Committee on Power has expressed concerns over its perceived abysmal performance of the Nigerian Electricity Regulatory Commission on its Mass Metering Project in the country despite N33.4bn already released by the Central Bank of Nigeria. The NERC Chairman, Sanusi Garba,...
C.A. CHIZEA & CO.ON BEHALFTHE NATIONAL COUNCIL OF PRIVATIZATIONSECRETARIAT: BUREAU OF PUBLIC ENTERPRISES(LEASE) SALE OF NIGERIAN COAL CORPORATION (NCC)RESIDENTIAL HOUSES/LAND IN ENUGU AND KOGI STATES TO THE GENERAL PUBLICINVITATION TO BID 1. In continuation and in line with the Privatization Programme of the Federal Government of Nigeria (FGN),...
A renowned businessman and lawyer, Hon. Dele Kelvin Oye, has been appointed the President of Nigeria-Turkish Business Council by the National Association of Chambers of Commerce and Industry in Nigeria (NACCIMA). Oye, who has had an illustrious career in the legal profession with successful stints in business, is a former President of Abuja Chamber of...
AUCTIONSIFO LOCAL GOVERNMENT P.M.B 5023, IFO, OGUN STATEAUCTION SALES OF UNSERVICEABLE VEHICLES, PLANTS AND EQUIPMENT DEADLINE: 26TH NOVEMBER, 2020 There will be public auction of unserviceable vehicles, plants and equipment of Ifo Local Government Council, Ogun State. List of Items are as follows: Honda Accord, Toyota Camry, Nissan Primera 2.0 SLX, Europad...
The Ghanaians Ministry of Trades has insisted that Nigerian businesses wishing to trade in the country must pay the $1 million stipulated in the Ghana Investment Promotion Centre, (GIPC) Act 865 and the required taxes and other fees imposed on them by the authorities, rejected claims of unfair treatment...
The Federal government of Nigeria yesterday, finally hands off the responsibility of fixing the price of fuel, especially PMS, otherwise called petrol, a step market watchers termed full deregulation of the downstream petroleum sector.The prices of the commodity will now be determined by the prevailing market forces, which will...