The House of Representatives has agreed to investigate the over N210 billion funds disbursed for the Alternative School Programme, Better Education Service Delivery for All, At Risk Children Programme and Interventions Programme for Out of School Children from 2016 to ...
Read More »Yearly Archives: 2023
FUBARAMBER: Rivers Gov Approves N.1m Christmas Bonus For Civil Servants
Rivers State governor, Sir Siminalayi Fubara, has approved the sum of N100,000.00 as Christmas bonus for the State’s civil servants on the payroll. A terse statement signed by the State’s Commissioner for Information and Communications, Warisenibo Joe Johnson, disclosed this ...
Read More »Varsity Workers Differ On Centralised Payment System
The Senior Staff Association of Nigerian Universities (SSANU) has appealed to the government to consider the use of an improved version of University Peculiar Personnel and Payroll System (U3PS) as a payment solution for both SSANU and Non-Academic Staff Union ...
Read More »MTN Nigeria Raises N72.1bn Via CP
MTN Nigeria Communications (MTNN), said it has raised N72.1 billion through its 266-day commercial paper (CP). The company, in a notice on the Nigerian Exchange said: “MTN Nigeria Communications hereby notifies the investing public of the successful completion of its ...
Read More »UBA Secures $175m AfDB Loan To Support Private Sector, Infrastructure Development
Towards enhancing its support to the private sector and financing of infrastructure development in Africa’s largest economy, Nigeria, the United Bank for Africa (UBA) has received a $175 million financial package from Africa Development Bank(AfDB) Group. This facility comprises a ...
Read More »Senate Seeks Independent Budgetary Provision For NIDCOM
The Senate has called for independent budgetary provisions for Nigerians in the Diaspora Commission (NIDCOM), via separating its budget from the Federal Ministry of Foreign Affairs. Chairman, Senate Committee on Diaspora and Non Governmental Organisations, Sen. Victor Umeh made the call ...
Read More »FirstBank Warns SMEs Against Loan Sharks
First Bank of Nigeria has urged small and micro business holders against sourcing funding from loan sharks and overstretching themselves financially to avoid stress and financial instability. This was stated by the group head, Retail Business, Community Banking and Money ...
Read More »All On, BAOBAB+ Sign $2.25m Investment For 1,500 Solar Energy Systems
All On, a leading Nigerian impact investment company through its Demand Aggregation for Renewable Technology (DART) programme has signed a $2.25 million credit facility investment to boost solar energy investments in Nigeria. The deal was sealed with Baobab Plus Nigeria, ...
Read More »Tinubu Brokers Fresh Truce In Rivers Crisis
…Warring parties asked to withdraw all litigations, Fubara to recognise 27 pro-Wike lawmakers …Impeachment proceeding against governor to be dropped …Assembly members can sit anywhere In a fresh bid to arrest the lingering political impasse in Rivers State, President Bola ...
Read More »Petroleum Ministry’s 2024 Budget Cannot Meet Nigerians’ Expectations — Lawmakers
The Joint National Assembly Committee on Petroleum Resources (Upstream, Downstream, Gas) has expressed disappointment over the 2024 budget of the Ministry of Petroleum Resources, stating that it falls short in meeting Nigerians’ expectations. Senator Agom Jarigbe, Chairman of the committee, ...
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