EXPLAINER: Dangers of Revealing ACCOUNT DETAILS to Secure Loans Online
EXPLAINER: Dangers of Revealing ACCOUNT DETAILS to Secure Loans Online An Ilorin-based legal practitioner, Kayode Jimoh, has advised members of the public to refrain from disclosing their bank account details to secure loans online. Jimoh told the News Agency of Nigeria (NAN) in Ilorin that giving out bank account details to borrow money online is […]
FINANCE TIPS: How To Handle Rising Living Cost
As the cost of living continues to worsen in Nigeria, many individuals and families find themselves grappling with the challenge of managing their finances amidst increasing expenses. From soaring food prices to rising utility bills, the burden on households seems to grow heavier each day. According to the National Bureau of Statistics, Nigeria’s headline inflation surged […]
FAAC: FG, States, LGs Share N966bn For July
The Federation Account Allocation Committee (FAAC) has shared the sum of N966.110 billion July Federation Account Revenue to the Federal Government, States and Local Councils. This was contained in a communiqué issued at the end of the Federation Account Allocation Committee (FAAC) meeting , in Abuja, Tuesday. The meeting was chaired by the Minister of […]
BREAKING: FG Launches MSME Tech Hubs In 7 States Target 1million Youths, To Disburse N500million
The federal government has announced a partnership with Wema Bank to launch MSME Tech hubs in seven states. Olusola Abiola, Director of Information, Office of the Vice President stated this in a statement made available to Reporters Abiola mentioned that the federal government targeted 1 million youths, 500,000 MSMEs with grants and digital training. According […]
ANALYSIS: Why Dollar Sells At N860 – Wale Edun
ANALYSIS: Why Dollar Sells At N860 – Wale Edun Wale Edun, President Bola Tinubu’s adviser on monetary policies who is also a ministerial nominee expressed his views on the N860/$1 exchange rate between the naira and the dollar, stating that it is not supported by the fundamental aspects of the Nigerian economy. He attributed the […]
NNPCL: Why Petrol Price Increased
Mele Kyari, the managing director and chief executive officer of the Nigerian National Petroleum Company Limited (NNPCL), has attributed the latest pump price increase to market forces. He explained that market forces were determining how much a litre of petrol would be sold to final consumers, adding that the latest increase, which caused a litre to […]
POS Operators Express Worry Over Service Hike
POS Operators Express Worry Over Service Hike Some Point of Sales (PoS) operators in Nigeria have protested against the increased service charges in the country which took effect on Monday. The Association of Mobile Money and Bank Agents in Nigeria had announced new service charges for operators in June. The new service charges implied that […]
FUEL SUBSIDY: Senator Laments as He Use N67,000 to Fill-Up His Car Tank Against N19,000 He Do Used
During an interview with ARISE Tv, Sen. Enang, a former governorship aspirant of Akwa-Ibom State, stated that he’s not happy filling his tank because the tank that he used to fill it for N19,000 is now N67,000. He revealed that his utility vehicles, which he used to fill with N8,000, now cost between 22,000 and […]
FACT-CHECK: What Nigeria’s President, Governors, Senators Really Earn
Amid the ongoing rumour that there is a proposed increment in the Salary of Nigeria President, Governors, Senators and Judges, The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) revealed that the National Assembly ought to amend the relevant laws to allow for the commencement of the implementation of the reviewed remuneration packages for political, public and […]
BIOGRAPHY: Meet The Acting CBN Governor, Folashodun Adebisi Shonubi
Folashodun Adebisi Shonubi is now the acting Governor, Central Bank of Nigeria (CBN). Shonubi was born on the 7th of March, 1962. He attended the University of Lagos from 1978 to 1983 and obtained a Bachelor of Science in Mechanical Engineering. Thereafter he obtained a Master of Science in Mechanical Engineering in 1985 with bias […]