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Daily Archives: March 10, 2020

IWD 2020: MMS WoFHoF Empowers Over 300 Women

IWD 2020: MMS WoFHoF Empowers Over 300 Women

… Set to celebrate UN Generation Amazons MMS Woman of Fortune Hall of Fame (WoFHoF) Initiative has empowered over three hundred women via career and entrepreneurship mentoring as well as provision of small and micro credit grants. The Founder, MMS ...

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Currency in circulation dropped to N2.18tn in February

Currency in circulation dropped to N2.18tn in February

Currency in circulation dropped by N61bn from N2.24tn as of the end of January 2020 to N2.18tn at the end of February 29, 2020. Latest figures obtained from the Central Bank of Nigeria on Monday revealed that the figure which ...

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AfDB signs $200m for Nigeria’s power transmission projects

AfDB signs $200m for Nigeria’s power transmission projects

The African Development Bank has signed for the release of $200m (about N61.2bn) to Nigeria for the expansion of the country’s power transmission infrastructure. It was gathered in Abuja on Monday that the fund signed last week by the bank’s ...

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CBN gives 15 microfinance banks new licences

CBN giveHow import substitution can alleviate pains of devaluations 15 microfinance banks new licences

No fewer than 15 microfinance banks commenced operations in the country after getting new licences from the banking regulator between February 13, 2019 and December 2019, findings have revealed. The Central Bank of Nigeria had earlier disclosed that the number ...

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PSG under pressure against Dortmund to keep Mbappe, Neymar project on track

PSG under pressure against Dortmund to keep Mbappe, Neymar project on track

Nothing ever seems to go to plan in the Champions League for Paris Saint-Germain, whose bid to avoid yet another exit in the first knockout round against Borussia Dortmund will be played out before an empty stadium on Wednesday. After ...

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Assembling 23 foreign-based players against Sierra Leone a waste of funds, says Omokaro

Assembling 23 foreign-based players against Sierra Leone a waste of funds, says Omokaro

• Atsaka pleads for more home-based stars Former Nigerian international, Bright Omokaro has expressed dismay over the invitation of 23 foreign-based players by Coach Gernot Rohr for the 2021 African Nations Cup qualifier against the Leone Stars of Sierra Leone, saying it ...

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Fated to fall

Fated to fall

*How the deposed Emir talked himself into trouble Yesterday, March 9, 2020, Governor Abdullahi Umar Ganduje of Kano State did what his former charismatic predecessor, the late Abubakar Rimi, planned to, but could not do: He deposed the Emir of ...

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Port congestion: APMT orders N65bn facility to retain terminal

Port congestion: APMT orders N65bn facility to retain terminal

The management of APM Terminals Apapa on Monday said that it had placed orders for more equipment to cope with the significant growth at the Lagos port. The clarification is coming on the heels of a report that the Nigerian ...

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FG proposes budget cut as projected oil price heads for $20

FG slashes budget by N1.5tn, reduces benchmark to $30

With cost of governance remaining high and slump in revenue subsisting due to the volatility of oil prices at the international market, the Federal Government, yesterday, announced plans to cut its 2020 budget. President Muhammadu Buhari, in December, signed a ...

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