Author Archives: Supernews - Page 817
Asset Sales: AMCON Restructures; Seeks Speedy Disposals Strategies
L-R: Mr. Aliyu Abubakar Kalgo, Head, Asset Sales, Asset Management Corporation of Nigeria (AMCON); Executive Directors of AMCON, Dr. Eberechukwu Uneze and Mr. Aminu Ismail; Osy Chijioke Kamalu,…
Nigerian Banks Lose N12.30 Billion To Fraud In Four Years – NIBSS
Nigerian Inter-Bank Settlement System (NIBSS), on Thursday said the banking industry lost the sum of billion to various frauds between 2014 and 2017. Mr Adebisi Shonubi,…
SEC takes Financial Inclusion Campaign to Grassroots
In line with the determination of the nation’s financial authorities to achieve 80 per cent rate in financial inclusion by 2020, the Securities and Exchange…
Increased Domestic, Foreign Borrowings Push Public Debt To N22.7trn in Q1
Increased domestic borrowing by state governments as well as rising foreign borrowing by the federal government have pushed Nigeria’s public debt by percent to trillion in the first quarter…
Moghalu blames Nigeria’s N22.7 trillion Debt on Buharis Adimistration … Says his Budget Imposes High Debt Toll on Future of Young Nigerians
On signing the 2018 appropriation bill into law, yesterday, at the Presidential Villa in Abuja, President Muhammadu Buhari immediately relaunched the blame game that has delayed the budget for six…
Custodian Investment Launches Max… Nigeria’s First Insurance Chatbox
From left: Chief Technology Officer, Custodian Investment Plc, Esomchi Nwofor; Chief Executive Officer Custodian Social Responsibility Foundation, Olubunmi Aderemi; Executive Director, Operations, Custodian Life Assurance Limited, Ngozi Nlebemuo;…
Aboderin’s Death: Heritage Bank Pays Condolence Visit to Punch Newaper
L-R: Executive Director of Heritage Bank, Jude Monye (R); in a handshake with MD of Punch Newspaper, Mr. Ademola Osinubi (L); Company Secretary/Legal Adviser of Punch, Mrs. Omolara…
Forex market gets $210 million lift
The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the foreign exchange market. In…
Buhari signs N9.12tr 2018 budget today
Barring last minute change of mind, President Muhammadu Buhari will tomorrow (Wednesday) sign the appropriation bill of for the 2018 fiscal year into law. The budget signing ceremony was…
2017 budget: FG releases N1.58tn for capital projects
The Federal Government has released to its Ministries, Departments and Agencies for the execution of capital projects as contained in the 2017 budget. The Minister of…