News

CBN Finally Suspends Emefiele’s Anchor Borrowers Programme, NIRSAL, Other Intervention Programmes

The Central Bank of Nigeria has finally suspended new applications for development financing like the Anchor Borrowers Program (ABP) and Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) among others. The development is a strategic move to discontinue the unorthodox monetary policy regime adopted by the former Governor, Godwin …

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Alleged N585million fraud: Betta Edu honours EFCC invitation

The suspended Humanitarian Affairs and Poverty Alleviation Minister Dr. Betta Edu is currently at the office of the Economic and Financial Crimes Commission (EFCC) Headquarters to be interrogated over the alleged N585 million fraud in her ministry. Edu stands accused of diverting the said amount  which was meant for payment …

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Tinubu appoints new directors for NPA, NIMASA

 Tinubu   President Bola Tinubu, has appointed six new executive directors in the Nigerian Ports Authority, NPA, and the Nigerian Maritime Administration and Safety Agency, NIMASA. Both agencies are under the Federal Ministry of Marine and Blue Economy. The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, disclosed this in …

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