The Nigerian Education Loan Fund (NELFUND) has announced May 24 as the official date for the opening of the portal for student loan applications. The Managing Director of NELFUND, Mr Akintunde Sawyerr, disclosed this on Thursday in a statement made available to newsmen in Abuja by the Fund’s Media and Public Relations Lead, Nasir Ayitogo. […]
THERE was outrage in the polity recently following a circular issued by Nigeria’s apex bank, the Central Bank of Nigeria (CBN), ordering banks in the country to start charging a cybersecurity levy on electronic transactions. The circular disclosed that the implementation of the levy would start within two weeks from the issuing date, meaning the […]
The Federal Airport Authority of Nigeria (FAAN) has announced a new mandate requiring all citizens to pay for E-Tags at all 24 federal airports across the country, effective May 17, 2024. This initiative follows the Presidential Directive that mandates the use of E-Tags for accessing the nation’s federal airports. In a statement released on Thursday, […]
Tyson Fury declared himself ready to face Oleksandr Usyk and said he’d pray for his Ukrainian rival before Saturday’s undisputed heavyweight clash. The sometimes madcap Mancunian kept his comments brief in a subdued press appearance on Thursday, two days before what is being billed as the biggest fight this century. Lennox Lewis, who became the last undisputed […]
Eight commercial banks paid N200.19 billion as income tax in the first quarter of 2024 (Q1’24). Data from the Q1’24 Financial Statements of the banks showed that the N200.19 billion represents 203.7 percent year-on-year increase (YoY) when compared to N65.91 billion tax they paid in Q1’23. The banks are Guaranty Trust Bank, GTB (N52.2 billion) , […]
The Aig-Imoukhuede Foundation and Access Bank Group have pledged $300 million in charitable commitments to transform the economic landscape of Africa over the next 20 years. Under the arrangement, Access Bank has committed $200 million and Aig-Imoukhuede Foundation committed $100 million to fund African government initiatives with a proven potential to transform national economic performance. The […]
Federal Competition and Consumer Protection Commission (FCCPC), on Thursday, did not oppose the recent price hike on tariffs and cost of products and services by MultiChoice Nigeria Limited, the owners of Dstv and Gotv. FCCPC made this known through its lawyer, Nikiomari Abeke, before the three-member panel of Competition and Consumer Protection Tribunal (CCPT) sitting […]
The Securities and Exchange Commission, SEC, yesterday, disclosed that crypto exchanges have commenced delisting of the Naira from Peer-to-Peer (P2P) trading platforms. SEC had, last week in collaboration with the Office of the National Security Adviser (ONSA), directed digital currency operators to delist the Naira from their platforms as part of measures to protect the currency […]
The deployment of dispensing pumps for Compressed Natural Gas, CNG, have risen by 233 per cent in six months since November last year. Coordinator and Chief Executive, Presidential Initiative on CNG, Pi-CNG, Mr. Michael Oluwagbemi, disclosed this while addressing journalists during a tour of the Mikano International CNG based vehicle assembly plant in Ogun State. Meanwhile, Mikano has […]
The presidential candidate of the Labour Party in the 2023 election, Peter Obi said the biggest problem of Nigeria’s democracy is the judiciary and not the Independent National Electoral Commission, INEC. Obi stated this at the fifth memorial of late Justice Anthony Aniagolu at the Godfrey Okoye University in Enugu. According to the former Anambra […]
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