Economy
Naira redesign: Cash withdrawal above N100,000, N500,000 attract 5%, 10% charges
The Central Bank of Nigeria, CBN, has issued a revised cash withdrawal policy, stating that cash withdrawals above N100,000 and N500,000 will henceforth ...
Economy
KWSG supports 490 SMEs with interest-free loans
No fewer than 490 small and medium enterprises (SMEs) have won varying amounts of non-interest loans under the Kwara State social investment programme ...
Economy
Poverty alleviation: AbdulRazaq captures more vulnerable Kwarans in ‘Owo-Isowo’
Kwara State Social Investment Programme (KWASSIPs) at the weekend moved to some rural communities across the sixteen (16) Local Government Areas and captured ...
Economy
FG unveils redesigned naira notes (Photos)
The Federal Government has unveiled the redesigned naira notes to the public. It was unveiled at the Federal Executive Council meeting presided over ...
Economy
Industrial hub: AbdulRazaq engages stakeholders, chalenges Kwarans on Superior Arguments on Project
Kwara State Governor AbdulRahman AbdulRazaq on Wednesday night held a virtual town hall meeting with Igbomina think tank to lay bare his administration’s ...
Economy
Buhari inaugurates 1bn barrel Kolmani oil reserves in N/East
President Muhammadu Buhari on Tuesday inaugurated the Kolmani Integrated Development Project at Kolmani River II Oil Field located at a border community between ...
Economy
World Bank reveals how subsidies benefit elite, reiterates removal
The World Bank has said that a large share of Nigeria’s resources have financed inefficient and regressive subsidies which benefit primarily wealthy households ...
Economy
Buhari to unveil redesigned Naira notes on Wednesday
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has disclosed that President Muhammadu Buhari is to formally unveil the new ...
Economy
Gov Makinde Inaugurates Gas Infrastructure Development Project
Oyo State Governor, Engineer Seyi Makinde has flagged off the construction of the Oyo State Government (OYSG)-Shell Nigeria Gas Ltd (SNG) project to ...
Economy
Soludo leads Made in Nigeria Campaign, supports daughter for promoting AFE 2022
Anambra State Governor, Professor Charles Soludo has canvassed the promotion of made in Nigeria products as a job creator and economy catalyst. Governor ...
Economy
Students Association Challenges NSCDC to End Oil Bunkering in Ogun
The National Association of Nigerian Students, NANS, has urged the officers and men of the Nigeria Security and Civil Defence Corps NSCDC, to ...
Economy
CBN directs banks to open Saturdays
The Central Bank of Nigeria has instructed commercial banks in the country to work on Saturdays till January 31, 2023, to enable customers ...
Economy
FCT Minister Distributes Inputs To 2000 Abuja Fish Farmers
The Minister of State in the Nigerian Federal Capital Territory, (FCT), Dr. Ramatu Aliyu, has distributed assorted fishery inputs to about 2,000 individuals ...
Economy
Nigerian Economic Summit Group urges government to reconsider subsidy removal
The Nigerian Economic Summit Group has called on the Government to revisit the issue of subsidy removal before it leaves office. The Chairman ...
Economy
Aspire to be entrepreneurs to boost nation’s economy – Ex-envoy advises youths
Oluwole Coker, former Nigerian Ambassador to the People’s Republic of China, on Saturday urged Nigerian youths to aspire to be entrepreneurs for the ...
Economy
Buhari’s Chief of Staff, Prof Gambari hails AbdulRazaq economic progression in Kwara
Chief of Staff to the President Prof. Ibrahim Gambari at the weekend said Kwara is recording impressive economic development under Governor AbdulRahman AbdulRazaq. ...
Economy
Covid-19: UNDP launches economic revitalization to support over 3000 Kwarans, Gov AbdulRazaq hails gesture
United Nations Development Programme, UNDP, on Friday launched a post-Covid-19 Socio-Economic Revitalisation Support Programme to give unconditional cash transfer to over 3,000 vulnerable ...
Economy
NDIC takes income savings campaign to secondary schools
The Nigeria Deposit Insurance Corporation (NDIC) has sensitized six Secondary Schools in Kwara, on importance of financial savings to mark the 2022 World ...
Economy
CBN Debunks Alleged Introduction of Higher Denominations
The Central Bank of Nigeria (CBN) has refuted a rumour that it is proposing to introduce N2,000 and N5,000 notes in Nigeria Some ...
Economy
Polaris Bank’s VULTe Pulls Ahead, Wins Double as Nigeria’s Best Digital Bank
Polaris Bank shone brightest over the weekend as its bespoke home-grown digital bank, VULTe capped its string of wins with two more prestigious ...
Economy
A’Ibom govt expresses confidence in achieving 2m coconut trees planting ahead of December
Akwa Ibom state government has expressed confidence that it would meet the December 2022 target of planting at least two million coconut trees ...
Economy
95 % Of your demands in 2023 budget – Gov Abiodun tells Ogun people
Ogun State Governor, Prince Dapo Abiodun has said that 95 per cent of demands made at the citizen’s town hall meetings have been ...
Economy
Gov Makinde Presents N310bn Budget For 2023
Oyo state Governor, Engineer Seyi Makinde has presented a budget proposal of Three Hundred and Ten Billion Naira (310,000,000,000) as the appropriation bill ...
Economy
KW-IRS debunks attack, says it saved taxpayers a humongous N3.9billion
The Management of Kwara State Internal Revenue Service (KW-IRS), has debunked several attack to indict the management and conspiracies to sully its image ...
Economy
I approved CBN’s Redesigning of Naira Notes – President Buhari
Amid controversies over the position of the Finance Minister, Mrs Zainab Ahmed, on the decision of the Central Bank of Nigeria, CBN, to ...
Economy
Proposed Naira redesign: Finance Minister disowns policy, warns CBN
Few hours after the announcement of Naira redesign by the Central Bank of Nigeria (CBN), the Minister of Finance, Budget and National Planning, ...
Economy
FG approves purchase of N660bn Innoson vehicles for FRSC
The Federal Government on Wednesday approved a contract to indigenous motor company, Innoson, to supply 21 vehicles to the Federal Road Safety Corps ...
Economy
CBN to introduce new Naira notes by December
The Central Bank of Nigeria has announced it will introduce new naira notes by December. The newly redesigned Naira notes are to come ...
Economy
Kwara Gov approves N200m grant for 4,000 artisans, As KWASSIP gives updates on Kwarapreneur 3.0
Kwara state Governor AbdulRahman AbdulRazaq has approved the grant empowerment for 4,000 artisans in the state with the sum of N50,000 each, KWASSIP ...
Economy
Youth Gets Million Naira Grants As Group Launches Entrepreneurs Networks In Kwara
As part of efforts to encourage youth to be self-independent and be job creators, a non-governmental organization, Lahmad Concept on Wednesday dolled out ...
Economy
Why I Say Govt Should Leave Oil, Gas To Private Investors – Gov El-Rufai
Kaduna state Governor Nasir El-Rufai has declared that the Federal Government should leave the oil and gas industry to the private sector because ...
Economy
200 Exhibitors, 50,000 visitors To Grace Kwara 9th Trade Fair – KWACCIMA President
Over Two hundred exhibitors and fifty thousand visitors from within and outside the country are expected to attend Kwara state trade Fair to ...
Economy
Marketers Association lauds Kwara govt’s grants for petty traders
Kwara State Association of Marketers (KWAM) on Wednesday commended the state government for its various policies and programmes that support small scale businesses ...
Economy
Domestic debt: Lagos, Delta, Ogun, Rivers lead, See Others as States borrow N5.28trillion
Lagos, Delta and Ogun are the three States with the highest domestic debt figures in Nigeria as of June 30, 2022. According to ...
Economy
Owo-Isowo: Beneficiaries Laud Initiative, Reiterate Support For Gov AbdulRazaq
A beneficiary of the Kwara State female petty traders empowerment scheme, codenamed ‘Owo-Isowo’ (trader moni) Madam Asabi Alaga from Ogele Ward in Asa ...
Economy
Kingsley Moghalu hails FG for denying Elon Musk’s lithium mining license
The former deputy governor of the Central Bank of Nigeria, Professor Kingsley Moghalu, has commended the Federal Government for the condition given to ...
Economy
KWSG begins fresh disbursements of ‘Owo-Isowo’ to 30k female petty traders
Kwara State Government will on Wednesday 21st of September begin the disbursement of N20,000 grants each to 30,000 female petty traders across the ...
Economy
Debt servicing gulps N6.16trn in 16 months
A whooping sum of N6.16tn was used to service debt in the last 16 months, according to the 2023-2025 Medium Terms Expenditure Framework ...
Economy
President Buhari Inaugurates Committee On National Economy
President Muhammadu Buhari has stated that despite the disruptions in global economy and internal troubles, the Nigerian economy has continued to be resilient ...
Economy
Five Ways To Earn More Money
By Joanna Oyeleke We all love every avenue that affords us the opportunity to earn more. The daily increase in the cost of ...
Economy
Vice-President Osinbajo Meets With World Bank Head
Nigeria’s Vice President, Prof. Yemi Osinbajo has met with World Bank President, David Malpass, in Washington DC, where the vice president had gone ...
Economy
KWSG Set To Allocate Newly Built Gbugbu Int’l Market To Traders, As Community Hails Gov AbdulRazaq’s Strides
The first phase of Gbugbu international market is ready for delivery, Kwara State Governor AbdulRahman AbdulRazaq said on Saturday as residents commended the ...
Economy
CBN Releases $265 Million To Settle Airlines Outstanding Ticket Sales
In a move to check a brewing crisis in the country’s aviation sector, the Central Bank of Nigeria (CBN) on Friday, released the ...
Economy
Electric Cars: Nigeria Signs MoU With Japan, Israel
Nigeria is collaborating with Japan and Israel in the area of assembling electric cars. The country is doing this through the National Agency ...
Economy
FG Builds Modern Rice Market In Anambra Community
The Federal Government through its Agricultural Transformation Agenda Support Program-One (ATASP-1) has constructed an ultra modern rice market for the people of Omor ...
Economy
States In Nigeria To Establish Ministry Of Digital Economy
The Nigerian Government has directed has all the 36 states of the federation to establish a ministry of Digital Economy in their states. ...
Economy
Nigerian Government Lauds World Bank-SABER Program
The Presidential Enabling Business Environment Council (PEBEC) has lauded the National Economic Council (NEC) for endorsing the 750million dollars World Bank-backed ‘State Action ...
Economy
KWSG Discloses Date For Opening Of Portal For Next Kwapreneur 3.0
The Acting General Manager of the Kwara State Social Investment Programme Abdulquawiy Olododo on Monday disclosed that the online application portal for Kwapreneur ...
Economy
KWSG Reiterates Commitment to Uplift Vulnerable Through NG-Cares Scheme
The Kwara State Government has again reiterated its readiness to continue to uplift the people and firms in the State, faced with the ...
Economy
Emirates Suspends Flights to Nigeria Over Challenge in Repatriate Proceeds of Ticket to UAE
A United Arab Emirates Airlines has concluded plans to halt flight operations into Nigeria over the challenges in repatriating the proceeds of their ...
Economy
NSIP: 4,537 beneficiaries receive cash grants in Jigawa as GDP hits N2.25trn
The Jigawa state government has announced an increment in its Gross Domestic Product (GDP) following a boom in business activities as a result ...
Economy
‘Why We Are Delivering Value And Growing our Numbers’ – Wema Bank MD/CEO, Adebise
The Managing Director/CEO of Wema Bank Plc, Mr. Ademola Adebise, has explained the facts behind the bank’s growing numbers during the half year ...
Economy
KWSG Discloses Plan To Support 30,000 Female Petty Traders With 20k Each, Partners MTN For Data Capturing
Kwara State Executive Council has approved a programme to empower at least 30,000 female petty traders with a grant of N20,000 each over ...
Economy
Federal Govt Set To Generate N160bn From Call, Data Taxes
Federal Government will generate about N160.46bn from excise duty on telecommunication services in 2023. According to the Nigerian Communications Commission, the combined revenue ...
Economy
Wema Bank Debunks Cheque Forgery Allegation
The attention of Management of WEMA BANK PLC has been drawn to the trending news in the media to the effect that a ...
Economy
CBN Has No Plan To Close Community Associations’ Accounts – Investigations
The Central Bank of Nigeria (CBN) has said it did not direct Deposit Money Banks to seize funds in Community Associations’ Savings Accounts. ...
Economy
KW-IRS Promotes 332 Staff, Rakes N18.036b in Half Year of 2022
The Management of the Kwara State Internal Revenue Service (KW-IRS) says it has promoted 332 members of staff for 2021 following their appraisal, ...
Economy
Embrace Every Economic Opportunity, Obasanjo Tells Youths
Former President Olusegun Obasanjo has called on Nigeria Youths to embrace every economic opportunity with hard work and dedication. The former president gave ...
Economy
PTAD Introduces “I Am Alive’’ To Ease Pensioners’ Stress
Dr Chioma Ejikeme, the Executive Secretary, Pension Transitional Arrangement Directorate (PTAD), said the “I Am Alive’’ online confirmation portal was created to ease ...
Economy
World Bank warns CBN over intervention funds disbursement
The World Bank has said the Central Bank of Nigeria’s (CBN) development finance intervention is fuelling inflation in the short term and weakening ...