Nigeria Tops 169 Countries In Global Internet Poverty Index
Nigeria has the largest number of Internet poor people in the world, according to the Internet Poverty Index by the World Data Lab.
According to the index, 47.39 per cent (103.02 million people) of Nigeria’s 217.37 million...
CBN: Nigeria Generates N29.95 Billion From Exportation of Electricity
The Central Bank of Nigeria data report has revealed that Nigeria generated a sum of $72 million from electricity export in 2021, a naira equivalent of N29.95 billion, using the official exchange rate of N416/$1.
This is...
CBN Approves DLM Capital's Links Microfinance Bank
The Central Bank of Nigeria (CBN) has approved DLM Capital Group's acquisition of Links Microfinance Bank.
DLM Capital Group comprises of subsidiaries in investment banking, trustees, securities trading, FX, digital banking, asset management, nominees, and corporate lending.
This approval is...
Railway Pensioners: N3.6 billion Pensions Fund Held by NRC Management
Retirees of the Nigerian Railway Corporation has appealed to President Muhammadu Buhari, Vice President Yemi Osinbajo and Economic and Financial Crime Commission (EFCC) to urgently intervene and investigate why the management of the Railway Corporation...
Finance Minister: 5,000 Debtors Owe FG N5.2tr
The Federal Government of Nigeria has disclosed that 5,000 debtors are currently owing its ministries, departments and agencies a total sum of N5.2trn which is worrisome considering the dwindling revenue challenges.
The Minister of Finance, Budget and National Planning,...
INVESTIGATION: How Ganduje Approved N110m to Non-existent Company for 1Km Road Project that has now been Abandoned
From Usman Bello Balarabe, Kano
A construction company to which Kano state governor, Abdullahi Ganduje, awarded a road contract in 2019 has been found to be non-existent.
The state government...
