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Adeosun: 62% of N220bn MSME Funds Reserved for Women

The Minister of Finance, Mrs. Kemi Adeosun, has urged Nigerian women to key into the Central Bank of Nigeria’s (CBN) N220 billion Medum Small and Mirco Entetprises (MSMEs) fund. She regretted that despite the fact that 62 per cent of the facility is for women,...

$2.2b Arms Deals: Dasuki to Call Jonathan as Witness

•Dasuki Ex-NSA prefers political solution Former National Security Adviser (NSA) Sambo Dasuki, who is on trial for alleged mismanagement of $2.1billion arms funds, would like former President Goodluck Jonathan to be his witness. Dr. Jonathan has faulted the charges against Dasuki, claiming that the ex-NSA could...

Kebbi, Niger can Supply 2m tonnes of Rice – Emefiele

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has said that Kebbi and Niger states may generate two million metric tonnes of rice at the end of the season and reduce level of rice importation. Emefiele gave the indication while inspecting...

FG working on N1tn Diaspora Investment Plan – Osinbajo

Vice-President Yemi Osinbajo has said Nigerians desire good governance, hence the need for the elite to unite for nation building. Osinbajo also disclosed that the Federal Government was working on a proposal on the establishment of the Diaspora Commission and a Diaspora investment plan worth...

AG’s Absence may stall Buhari’s request to borrow $29bn

Strong indications emerged that plans by the Federal Government to borrow $29 billion from external sources may face some hurdles, following the non-appointment of a substantive Auditor-General of the Federation (AGF). The Presidency submitted its proposal to borrow $29 billion externally to the Senate,...

Why FG’ll spend $550m two Back-up Satellites – Shittu

The Minister of Communications, Barrister Adebayo Shittu, has said Nigeria was expending $550 million on two back-up satellites to put an end to capital flight. He also explained that a dedicated account had been opened for the fine imposed on MTN in Central Bank...