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January 22, 2021
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N-Power beneficiaries, who have concluded the two-year job programme, will now be able to access permanent job opportunities or business prospects, the Federal Government has declared. This is part of the newly-activated N-power exit strategy. The initiative is for Batches A and B of the N-Power programme. Minister of Humanitarian Affairs, Disaster Management and Social Continue Reading
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According to the Finance Act 2020 recently signed into law by President Muhammadu Buhari, the trust fund will be a sub-fund of the Crisis Intervention Fund. “Any unclaimed dividend of a public limited liability company quoted on the Nigerian Stock Exchange and any unutilised amounts in a dormant bank account maintained in or by a […]Continue Reading
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As part of its determination to ensure the success of the Social Housing scheme where the Buhari administration will construct 300,000 houses under the Economic Sustainability Plan (ESP), for low income earning Nigerians, cement manufacturers have agreed with the Federal Government to charge discount price. Making the disclosure over the weekend while visiting the Continue Reading
Business News Top Stories
The Central Bank of Nigeria (CBN), says Nigerian households will most likely have improved access to credit beginning from the first quarter of 2021. This is according to the Credit Condition Survey Report, released by the Statistics Department of the apex bank. The survey indicated that the increase already occurred in the last quarter of […]Continue Reading
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The Nigeria Deposit Insurance Corporation (NDIC) has commenced the closure of 42 microfinance banks after a directive from the Central Bank of Nigeria (CBN). The NDIC had earlier on Friday announced on its website that the CBN has revoked the operating licences of 42 microfinance banks. It confirmed to Channels Television on Monday that the […]Continue Reading