Economy

Governor Ifeanyi Ugwuanyi of Enugu State has signed the revised 2020 budget of N146,374,641,080.00 into law, as against the earlier approved budget of N169,557,658,300.00. The revised 2020 budget of N146.4 billion represents 13.67 percent reduction in the initial budget size of N169.6 billion, which amounts to N23,183,017,220.00. The revised budget, which was in response to the negative consequences of the ...

The Edo State Governor, Mr. Godwin Obaseki, has made the case for more investment in new skill sets that will enable the youth function optimally in a post-coronavirus (COVID-19) global economy. Obaseki made the submission in commemoration of the World Youth Skills Day, marked by the United Nations and its sister agencies on July 15, each year. The governor said: ...

About 25,000 small holder farmers are to benefit from the Central Bank of Nigeria Anchor Borrowers program under the USAID Feed the Future Integrated Agricultural Activity which is been implemented by International Institute of Tropical Agriculture (IITA) in the Northeast. Speaking with our correspondent on Friday in Biu, Borno state, during a townhall meeting with Field and Extension agents, the ...

…As Governor Inuwa Yahaya Orders Immediate TSA Implementation, Enforcement Governor Muhammadu Inuwa Yahaya has signed Executive Order No. 5 of 2020, which authorizes the immediate implementation and enforcement of the Treasury Single Account (TSA) in Gombe state. The order, signed by the Governor on Monday, 13th July, 2020, is sequel to Government’s resolve to centralize and consolidate all cash and ...

Once beaten, twice shy. This very common but important words may have defined the reasons why a handful of Nigerians most especially customers of financial institutions trooped out in their large numbers to storm the banks in order to rectify their accounts in one way or the other after the partial lifting of the Covid-19 lockdown. According to a privileged ...

Governor Ifeanyi Okowa of Delta State has reviewed the state Coronavirus disease preventive measures, including the lockdown of the state. He has ordered partial relaxation of the Coronavirus lockdown order in the State with effect from Thursday 30th April, 2020. He said the use of face mask now compulsory in public places as part of measures to sustain the containment ...

Governor Willie Obiano of Anambra State moves to re-open the 63 major markets in state for business in a week’s time. This development follows an agreement reached on Monday between the Government of Anambra State and the leaders of all the 63 markets in the state. Governor Obiano met with market leaders at his country home in Aguleri. Governor Obiano ...

A 2008 video has emerged showing how Prophet TB Joshua predicted the present economic crisis since 2008. Asked what God is saying about the coronavirus outbreak currently engulfing the world, especially the present economic crisis looming in the wake of the global lockdown, Prophet TB Joshua referred the public to his earlier warning. As far back as 2008, Prophet TB ...

Herbert Wigwe, the Group Managing Director of Access Bank, during a recent interview with Bloomberg, reiterated the Bank’s plan to be Africa’s gateway to the world and expand into 22 countries over the next five years. Wigwe discussed the Bank’s scope for expansion in Africa as a diversified retail bank, as well as its plan to provide cutting-edge digital payment ...

In its bid to stimulate the growth of the economy, Access Bank Plc has launched TraderLite, an account that enables micro businesses, with turnover of between N50, 000 to N1 million operate their businesses with their individual name or registered business name.   The bank’s Executive Director, Retail Banking, Victor Etuokwu, speaking at the launch of the new product, said; ...