Polaris Bank has reaffirmed its commitment to support the growth of Small and Medium Enterprises (SMEs) in Nigeria. The Bank in a statement gave this assurance while disclosing plans to sponsor The Fashion Souk 7.0. The statement further noted that 3 successful entrepreneurs who emerge winners in a business pitch …
Read More »BREAKING: ‘Akwa Ibom N128bn, Delta N110bn’ – FG reveals how N’Delta states shared N625bn 13% derivatives
Govt says states have an outstanding of N860bn The Federal Government has released details of oil derivation refunds made to Niger Delta states amidst a growing controversy that the funds had been misused by some governments in the region. The federal government said in a statement Friday that the nine …
Read More »Buhari Accuses Governors of Misappropriating LG Funds
President Muhammadu Buhari accused governors of misappropriating the allocations of Local Government Areas (LGAs) in their states. According to him, the misappropriation by unnamed governors is behind the stunted rural development in some states. The president spoke with members of the Senior Executive Course 44 (2022) of the National Institute …
Read More »Skit maker, Sabinus acquires new house, car
Sabinus Nigerian skit maker, Chukwuemeka Emmanuel Ejekwu, better known as Sabinus, has acquired a new two-storey building and a jeep. This comes several weeks after he crashed his vehicle after just purchasing it. Sharing the good news with his fans, the comedian posted on his Instagram story, pictures and a …
Read More »Martino confirms Mexico departure after ‘huge failure’ at World Cup
Martino confirms Mexico departure after ‘huge failure’ at World Cup Tata Martino accepted responsibility for Mexico’s “huge failure” at the World Cup and confirmed his contract had now expired with little prospect of him returning to the role. Martino has been a largely unpopular El Tri coach, and his standing …
Read More »NITDA bags Best in Social Media Management award at Spokesperson Communication Award 2022
L-R: Hadiza Umar (Mrs), Head, Corporate Affairs and External Relations (NITDA) receiving the award presented by Major General Jimmy Akpor, Director Defence Information The National Information Technology Development Agency (NITDA) has been honoured with an Award and Certificate of Excellence at the Spokesperson Communication Award 2022. The Image Merchants Promotion …
Read More »Access Holdings secures approval license to operate in France
Access Bank Access Holdings Plc has secured approval license to commence operation in France. Herbert Wigwe, the Group Managing Director who announced this at a Statutory Meeting of the shareholders of Access Holdings in Lagos also noted that the holding company in its bid to become Africa’s gateway to the …
Read More »NNPC seals $1.4bn financing deal for hydrocarbon project
NNPC The Nigerian National Petroleum Company (NNPC) Limited has signed a $1.4 billion external project finance agreement for the Northern Hydrocarbon Funding Limited. Codenamed Project Panther (under the NNPC Limited/Chevron Nigeria Limited joint venture), the agreement was sealed at the signing ceremony held on Tuesday in London. The deal was …
Read More »Court orders arrest of Chief of Army Staff for contempt
Gen Farouq Yahaya, Nigeria’s Chief of Army Staff A High Court Sitting in Minna, Niger State Capital, has issued a warrant of arrest on the Chief of Army Staff (COAS), General Faruk Yahaya for contempt. The court also ordered the arrest of the Commandant Training and Doctrine Command, Minna, Major …
Read More »Diezani gave some politicians $115m to compromise 2015 polls – EFCC
Diezani Allison Madueke The Economic and Financial Crimes Commission (EFCC) has claimed that its investigation shows that Diezani Alison-Madueke, a former minister of petroleum resources, gave politicians $115 million to compromise the 2015 elections. Abdulrasheed Bawa, the EFCC chairperson, said this on Wednesday at an induction retreat for new resident …
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