…costs for industrial machinery and essential raw materials, and long-term development finance to support investment and expansion. He expressed concern over the continued decline in credit to manufacturers, warning that industrialisation would remain constrained if productive enterprises could not access affordable fin…
…said she trusted her then-husband, businessman Josep Santacana, to manage the family's finances. "I trusted him because he was the father of my children," she said. "I fell blindly in love, and he wasn't the person I thought he was." The 54-year-old claimed she focused solely on her tennis career and never took charge…
…Court sitting in Ibadan on Wednesday ruled that the EFCC has no power to investigate the finances of the current administration in Oyo State. But the APC, in its reaction, noted that the EFCC will do its job at the appropriate time. In a statement signed by its Publicity Secretary, Wasiu Sadare, on Thursday, the Oyo St…
…Owade, Homa Bay County. The court said Obado supplied motive, instigation and funds to finance the k!lling, while Obiero assured logistical support and concealment to avoid detection of the offence. The court rejected Obado's claim that he had accepted the pregnancy and continued supporting Sharon financially. Justice…
…and African institutional investors, sovereign-related investment vehicles, development finance institutions and strategic partners. It listed the Africa Finance Corporation and India Infra Buildco, an investment vehicle facilitated by the African Export-Import Bank, among investors that participated in the transaction…
NDIC begins paying insured deposits to customers of 46 revoked microfinance banksEligible depositors receive maximum insured amount of N2 million directly via BVNsCBN revoked licenses to protect depositors and ensure banking stability amid regulatory non-complianceFind it fast with our new search feature at Legit.ng! P…
…noted. A major driver of the profit growth was a sharp 64.9 per cent decline in finance costs, which fell from N12.44bn to N4.36bn as total loans and borrowings were curtailed to N22.77bn from N43.92bn at year-end 2025. The brewing giant also successfully restored its retained earnings balance to N15.70bn from a defici…
Pakistani Finance Minister Muhammad Aurangzeb delivered the formal request in a letter to US Treasury Secretary Scott Bessent on TuesdayThe $10 billion facility would have a maturity of up to five years and is aimed at shoring up Pakistan's foreign exchange reservesThe request comes as Pakistan seeks to leverage its ro…
…across the three tiers of government. The proposed Rural Development Fund would be financed through federal appropriations, grants, support from development partners, private sector contributions, counterpart funding by states, investment income and other lawful sources approved by the National Assembly. The bill also…
…includes several other licensed digital lenders and their associated platforms:Newedge Finance Limited – PalmCredit, NewCreditBlue Ridge MFB – OKash, EaseMoniCreditvilleLendigo – Small business loansUmbaGrola Tech Credit Limited – LionCash, Lairaplus, LCash, CashlionSingularity Technology – Oxloan ProSoko Loan – 9ja Ca…
…breakfast meeting for chief executives, chief financial officers, heads of tax and finance leaders in Lagos on Tuesday, the Project Manager of the National E-Invoicing Project at the Nigeria Revenue Service, Mohammed Bawa, said businesses must adapt to a changing commercial environment where more transactions are condu…
…of investment in technology, infrastructure, and innovation. Our goal is to make digital finance so dependable that customers can move money confidently without ever needing to think about the technology making it possible,” Wang said. She added that financial inclusion cannot survive without absolute user confidence,…
…to replace. This has increased the importance of soft skills across industries, from finance and technology to manufacturing and healthcare. Researcher Keyshawn McMiller noted that while some roles require limited interaction, most professionals will eventually need to engage with colleagues, making social skills valua…
…with our new search feature at Legit.ng! Onagbeso Damilola, a Nigerian accounting and finance professional, has completed his MBA at Babcock University after five years of balancing work, family, and academic demands, sharing his story on LinkedIn on Tuesday, July 21, 2026.In the post, Damilola described the journey as…
The #1 richest K-pop idol is Park Jin-young (J.Y. Park), founder of JYP Entertainment, with an estimated net worth of $200–250 million — a fortune that dwarfs every active performer on this list and is built primarily on equity in one of South Korea's "Big Three" music conglomerates. The gap between him and the runner-…
…allies. – ‘Stronger and fairer’ – Ex-defence secretary John Healey replaced Reeves as finance minister, Ed Miliband became foreign minister, and left-wing figurehead Angela Rayner returned to government. Wes Streeting, who abandoned plans to run against Burnham for the Labour leadership, is now defence minister. Shaban…
…Fund (PTDF) in April. To replace Mathias Byuan, the former executive director, finance of the Federal Housing Authority, who resigned to contest the governorship election in Benue, President Tinubu named Gisaor Vincent Iorja. Iorja is an economist, legal scholar, and academic currently serving as the secretary of the B…
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Monday defended the Federal Government’s borrowing under President Bola Tinubu, saying the administration had adopted a responsible borrowing strategy focused on infrastructure development and debt sustainability. According to Vanguard,…
…costs, dwarfing the N54.8 billion allocated for salaries at the Federal Ministry of Finance. “Who exactly are the workers earning ₦2.19 trillion? Where are they? What offices do they occupy? What agencies do they belong to?” he asked, describing the figures as budgetary absurdity rather than legitimate planning. The fo…
…Special Assistant on New Media, Ejimofor Opara, said the project was initiated and financed entirely by Achebe’s home community. “There has been a spreading misconception that the statue of our literary icon, Prof. Chinua Achebe, at Ugwu-Nwasike Roundabout was commissioned and built by the Anambra State Government. “Fo…
…committee: “Honourable Minister of Budget and Economic Planning, Honourable Minister of Finance, Honourable Minister of Industry, Trade and Investment, Honourable Attorney-General of the Federation and Minister of Justice and the Honourable Minister of Foreign Affairs.” Others listed included the “Governor, Central Ban…
…State Health Insurance Agency, Prof. Kenneth Korver, represented by the Director of Finance and Accounts, Mr. Sunday Odagba commended APIN for its unwavering partnership and called for sustained collaboration to expand enrolment, particularly among workers in the formal sector. He described health insurance as “the sur…
…issue goes beyond naira and kobo. And then there is the small matter of managing public finances in Nigeria. Last year, WAEC raked in over N54 billion (N54,264,457,500), and NECO nearly N37 billion (N36,914,670,000), for the same examinations alone. Given our experience with public finances, it is a fair question to as…
…2026 revenue monitoring exercise organised by the House of Representatives Committee on Finance, chaired by Hon. Abiodun James Faleke. The lawmakers expressed dissatisfaction with what they described as the NSDC management’s lackadaisical approach to actualising the $1 billion line of credit offered by a Chinese group…
…on Instagram.On July 9, he held a meeting in Abuja with Taiwo Oyedele, the minister of finance and coordinating minister of the economy, to advocate for the release of budgetary allocations for infrastructure projects in Nigeria's border communities. During that meeting, he also told the minister that the agency had se…