Search Results for "finance"
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Reforms didn’t create Nigeria’s economic problems — Tinubu

…in skills required by employers and provide Nigerian businesses with infrastructure and finance needed for growth. Tinubu said he wanted to see more Nigerians producing goods locally, Nigerian farms supplying cities and factories, and Nigerian businesses exporting their products to international markets. The President,…

Business by nigerianewsfeed · 1 hr ago · 0 comments · 2 views
Uzoka-Anite to lead discourse on Africa's sovereign credit ratings

…Cash of the Credit Rating Research Initiative, Oluwakemi Babalogbon of the Ministry of Finance Incorporated, Kai Gehring of the University of Bern, and Misheck Mutize of the African Peer Review Mechanism. Highlighting the objective of the gathering, the Founder and Managing Director of DataPro Limited, Abimbola Adeseyo…

Business by nigerianewsfeed · 9 hrs ago · 0 comments · 1 views
Gombe approves N10.3bn to clear retirees’ gratuities

…considered by the council. Giving details of the gratuity payments, the Commissioner for Finance and Economic Development, Muhammad Gambo Magaji, said the council approved N2.18 billion to settle outstanding gratuities owed state retirees for 2024 and N4.06 billion for 2025. He said the latest intervention brought the…

General News by nigerianewsfeed · 10 hrs ago · 0 comments · 3 views
We won’t return fuel subsidy, FG declares at Independence lecture

…improve trade routes and the economy. He added that the government is expanding mortgage finance to boost housing and jobs. On agriculture, Akume said the World Bank has approved a $500 million credit for the Nigeria Sustainable Agricultural Value-Chains for Growth (AGROW) project. “This initiative will raise smallhold…

General News by nigerianewsfeed · 12 hrs ago · 0 comments · 3 views
Twin sisters who studied together at UNIOSUN graduate with 4.35 and 4.36 CGPAs

Twin sisters Sonusi Busolami Taiwo and Sonusi Busayomi Kehinde both graduated from Osun State University with strikingly similar CGPAsThe sisters initially gained admission into the Department of Public Health before switching to the Department of Nursing Science in their 200 levelThe twins revealed they studied togeth…

Health by nigerianewsfeed · 14 hrs ago · 0 comments · 2 views
Nigerian airlines face fresh crisis as fuel marketers cut supply over debts

…per litreAirlines say rising fuel and foreign exchange-linked costs are squeezing their finances, prompting calls for government intervention PAY ATTENTION: Find it fast with our new search feature at Legit.ng! Legit.ng journalist Victor Enengedi has over a decade's experience covering energy, MSMEs, technology, bankin…

Travel by nigerianewsfeed · 21 hrs ago · 0 comments · 5 views
Economists react as Nigeria’s borrowing hits N166.79tn, debt per citizen rises above N700,000

…According to him, the key consideration should be whether the proposed borrowing would finance productive investments capable of generating jobs, increasing revenue and supporting sustainable economic growth. “The proposed additional $1.5 billion should be assessed against its purpose, cost, repayment terms and, most i…

Business by nigerianewsfeed · 1 day ago · 0 comments · 4 views
We inherited net external reserve at $859m — CBN

…Dr. Muhammad Abdullahi, disclosed this at the opening of the 38th Seminar of the Finance Correspondents and Business Editors, in Abuja, yesterday. He said that the current regime at the apex bank met a myriad of challenges when it assumed duties in 2023 and had to undertake various reforms to effectively tackle them. H…

Business by nigerianewsfeed · 1 day ago · 0 comments · 5 views
UNIOSUN student who served as department executive shows off 4.50 CGPA after graduating with First Class

…University, held an executive position in his department while studying Banking and FinanceMohammed took to his TikTok page to share his academic result, revealing the CGPA he finished with after years of studyThe certificate he displayed on social media showed a specific CGPA figure that caught the attention of many v…

Education by nigerianewsfeed · 1 day ago · 0 comments · 5 views
See why Nigeria cannot afforda hostile politcal environment

…development where it cannot afford to scare away capital. The country needs investors to finance factories, roads, power projects, housing, technology, agriculture, logistics and other businesses capable of creating jobs and expanding the tax base.PAY ATTENTION: Mark Legit.ng as a preferred source, and our content will…

Agriculture by nigerianewsfeed · 1 day ago · 0 comments · 5 views
Mahama at the UN: Africa has stopped asking for permission, by Ejiro Ofoye

…Gaza, Palestine, Cuba, Sudan, slavery, reparations, Africa’s mineral wealth, climate finance, debt, global health and reform of the international financial system. The significance for Nigeria and the rest of Africa lies not merely in what Mahama said, but in the architecture of his argument: Africa should no longer be…

General News by nigerianewsfeed · 2 days ago · 0 comments · 5 views
Noble mentor, Oyebamiji celebrates Oyetola at 72 

…means.’ The ex-Managing Director, Osun State Investment Company Limited, and two-term Finance Commissioner under Governors Rauf Aregbesola and Adegboyega Oyetola, saluted the celebrant for his genuine love, compassion and empathy for mankind. Oyebamiji specifically expressed gratitude to the ex-Osun State Governor for…

Business by nigerianewsfeed · 2 days ago · 0 comments · 6 views
Police step in as Osun residents lose money to food scheme

…5287459667, bearing the name Global Food Initiative and domiciled in an online microfinance bank, last Monday.See more Punch stories on Google.Add Punch on Google “I got here this morning and met a crowd waiting to be attended to. But the operators were nowhere to be found. I was warned, but I never thought they would…

Crime by nigerianewsfeed · 2 days ago · 0 comments · 6 views
See the mid-tier Nigerian banks with highest assets

…conventional interest.Infinity Trust remained considerably smaller. Its focus on housing finance also makes direct comparisons with diversified banking groups less straightforward.Economist seeks stronger business lendingEconomist Dr Aliyu Ilias told The PUNCH that banks were benefiting from economic activity, particul…

Business by nigerianewsfeed · 2 days ago · 0 comments · 4 views
FG seeks fresh $1.5bn World Bank loan

…would raise the size of ACReSAL from its previously approved $700m to $1.2bn, entirely financed through the International Development Association, the World Bank’s concessional financing arm. The document said, “The Government of Nigeria has requested AF of $500m to scale up demonstrated project results and strengthen…

Business by nigerianewsfeed · 3 days ago · 0 comments · 7 views
Obi rejects Anambra debt claims, vows to end 2027 campaign if proven wrong

…including those of Obi and former Governor Willie Obiano. Anambra State Commissioner for Finance, Izuchukwu Okafor, said the Soludo administration had not borrowed from any commercial bank since assuming office but had continued to service inherited loans. Okafor said deductions were being made from the state’s Federat…

Investment by nigerianewsfeed · 15 days ago · 0 comments · 44 views
FG signs N729bn Series-2 bond agreement with GenCos

…a more sustainable and reliable power sector,” he said. Also speaking, the Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, said the Series-2 transaction represented an important step towards resolving the accumulated legacy obligations that had weakened liquidity and constrained investm…

Investment by nigerianewsfeed · 16 days ago · 0 comments · 25 views
Terrorists, informants spying on schools, other targets - Police

…also copied to departments and formations at Force Headquarters, including Intelligence, Finance and Administration, the Directorate of Training and Development, the Force Criminal Investigation Department, Research and Planning, ICT and the Force Security Department. According to the police, intelligence revealed the…

Crime by nigerianewsfeed · 16 days ago · 0 comments · 30 views
Ransom economy: How kidnappers turn northern families' pain into profit

…logistics and further capacity. The irony is that the ransom that saves one victim can finance the kidnapping of another. Our correspondents conclude by unveiling a recent analysis of Nigeria’s kidnap economy which revealed that the North accounted for the overwhelming majority of kidnapping victims, while ransom payme…

Business by nigerianewsfeed · 16 days ago · 0 comments · 20 views
ADC national assistant secretary resigns, quits party

…Our correspondent reports that Hassan Muhammadu was also a former Commissioner for Finance and Economic Development in Gombe State. Some sources disclosed that he is set to join the ruling All Progressives Congress (APC) to work for the party’s governorship candidate, Dr Jamilu Isiyaku Gwamna. Jamilu Gwamna’s camp said…

Politics by nigerianewsfeed · 17 days ago · 0 comments · 15 views
UNICEF, stakeholders urge media to track govt budget on children

…viewed merely as an expenditure, but as an investment in the future of society. “When we finance children’s health today, we secure a healthier, stronger and more productive generation tomorrow,” he said. On her part, the UNICEF Chief of Bauchi Field Office, Dr Nuzhat Rafique, represented by an Education Specialist, Ab…

Business by nigerianewsfeed · 27 days ago · 0 comments · 18 views
'It was a fatherly gesture' - Oyo APC explains why Ibadan Poly student sat on its governorship candidate's lap in viral video

…explained that a delegation of students from the institution's Department of Banking and Finance had visited Alli at his Mokola campaign office in Ibadan to interview him and extend an invitation to an upcoming departmental programme. According to the campaign team, the office was crowded upon the students' arrival, le…

Politics by nigerianewsfeed · 28 days ago · 0 comments · 19 views
Morning recap: States owe N5.3tn debt, INEC fears AI disinformation threat, other top stories

…has renewed attention on fiscal discipline, borrowing and the sustainability of state finances. Read here: https://punchng.com/tenure-countdown-states-owe-n5-3tn-as-12-govs-near-exit/ INEC fears AI-powered disinformation ahead of 2027 The Independent National Electoral Commission has warned that artificial intelligence…

Politics by nigerianewsfeed · 28 days ago · 0 comments · 21 views
Low productivity, market gaps trap farmers in poverty — Experts

…itself. But it must be combined with improved seeds, irrigation, organization, markets, finance, extension, digital services and efficient input systems.” On his part, Group Head, Agriculture and Solid Mineral Finance, Sterling Bank Plc, Dr. Olushola Obikanye, said weak market structures were also eroding farmers’ earn…

General News by nigerianewsfeed · 28 days ago · 0 comments · 18 views
Governor Lawal speaks at 2026 CEO Forum on aligning business decisions to unlock investments, economic growth

…capable of unlocking greater private-sector investment. Mobilising Collaborative Finance explores how banks, development banks, DFIs and long-term investors can combine instruments and risk appetite to finance productive growth. Not only that, the Advance Responsible Business Leadership concept examines what businesses…

Investment by nigerianewsfeed · 28 days ago · 0 comments · 21 views
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