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FG orders telcos, others to block access to online loan sharks

THE Federal Government of Nigeria has directed payment system operators, (PSOs) and telecommunications companies to stop providing access to illegal digital money lenders, also...

Consumer Protection, Police, raid Gocash, Okash, Easy moni, other loan shark firms in Lagos

A joint operation spearheaded by the Federal Competition and (FCCPC), National Information Technology Development Agency(NITDA) and the Nigeria Police Force (NPF) has raided loan...

Diversion of agric loans could attract 5-year prison term – CBN

THE Central Bank of Nigeria (CBN) has warned that borrowers who diverted funds provided under the Agricultural Credit Guarantee Scheme Fund (ACGSF) could spend...
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FG seeks $750m loan from World Bank to help states

THE Federal Government has announced that it is in the process of acquiring a $750 million loan from the World Bank, in an attempt...

Debt burden: Buhari requests fresh N850 billion loan, seven weeks after slashing 2020 budget

SEVEN weeks after the federal government announced slashing the 2020 budget due to the sharp decline in oil prices, President Muhammadu Buhari has asked...

You will plunge Nigeria into more hardship, PDP tackles APC senators over $22.7b loan approval

  THE main opposition party,  Peoples Democratic Party (PDP) has reacted to the approval of President Muhammdu Buhari's request for a fresh $22.7 billion loan...
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CBN releases operational guidelines for Micro finance banks in Nigeria

THE Central Bank of Nigeria (CBN) on Thursday released guidelines for the operations of Micro Finance Banks (MFB) in Nigeria. The guidelines cover ownership and...

FLASHBACK: When Jonathan asked for $1bn to fight Boko Haram, Tinubu condemned it

    In July 2014, Ex-President Goodluck Jonathan sought approval from the National Assembly to borrow $1 billion (N168 billion) to fight Boko Haram. Many immediately rose...

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2023: Why we decide to support Peter Obi –  Ayo Adebanjo

LEADER of Afenifere, Ayo Adebanjo, stated that the pan-Yoruba socio-political organisation has decided to support the presidential candidate of...

FG backtracks, withdraws order on varsities reopening

THE Federal government has reversed its decision to reopen its universities where members of the Academic Staff Union of...

Restriction of public facilities to opposition parties is illegal — INEC chairman

THE chairman of the Independent National Electoral Commission, Mahmud Yakubu, has warned incumbent public office holders against using their...

Amotekun will bear the most sophisticated weapons to fight insecurity – Akeredolu

THE Ondo State governor, Oluwarotimi Akeredolu, has restated his resolve to arm the state security outfit, the Amotekun Corps. Akeredolu...

Blackout as national grid collapses again

NIGERIA has been plunged into darkness following a fresh collapse, today, of the national electricity grid. According to a notice...
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