News

CBN commences implementation of N500bn export facility

The Central Bank of Nigeria, CBN, yesterday said it has commenced the implementation of the N500 billion non-oil exports stimulation loan. The CBN stated this in a circular titled ‘Circular to All Deposit Money Banks and Development Finance Institutions on the Commencement of the Non-Oil Exports Stimulation Facility (NESF). The …

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FG releases N43.92bn to 330,000 rice farmers

  The Federal Government has released about N43.92 billion (122 million dollars) to 300,000 rice farmers to increase Nigeria’s rice production by additional two million tonnes in 2018. Minister of Women Affairs and Social Development Aisha Al-Hassan stated this in New York at Nigeria’s side event during the ongoing 62nd …

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Ex-Shell Boss, Ovueraye Heads KSM New Executive Board

 The Order of the Knights of Saint Mulumba Nigeria (KSM) has elected Diamond Ovueraye, as the Supreme Knight and head of the new supreme executive board to govern its affairs for the next four years. The group in a statement yesterday said the new supreme board comprising of twelve-member executives …

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FIRS Threatens to Sell Properties of Defaulting Tax Payers

Babatunde Fowler The Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, has said the federal government is processing court documents that will allow it sell properties of companies which have been evading taxes. Speaking last Wednesday night on The Core, a Channels Television programme hosted by …

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Why senators are solidly behind Saraki — Sen Sabi Abdullahi

Senator Sabi Aliyu Abdullahi, APC, Niger North, is the chairman, Senate Committee on Media and Public Affairs; vice chairman, Senate Services Committee, and member, Committees on Appropriations; Agriculture and Rural Development; Power, Steel Development and Metallurgy. In this interview, he spoke on what the Senate would do if President Muhammadu …

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Distribution of of PVCs begins mid May, says INEC

Prof. Mahmood Yakubu, Chairman of the Independent National Electoral Commission (INEC) The Independent National Electoral Commission (INEC) says the distribution of Permanent Voter Cards (PVCs) to their owners will begin by middle of May. The Ebonyi INEC Resident Electoral Commissioner (REC), Prof. Godswill Obioma disclosed at a strategic security interactive …

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