HomeTagsBank

Tag: bank

FG cancels $717.7m World Bank...

The Federal Government has cancelled $717.7 million...

Former NEXIM bank MD Robert...

Former NEXIM bank MD Robert Orya jailed...

FG cancels $717.7m World Bank Power Sector loan amid reform setbacks

The Federal Government has cancelled $717.7 million in undisbursed World Bank intervention funds meant to support reforms in Nigeria’s troubled electricity sector. The decision followed a formal request by the Federal Government and a joint agreement with the World Bank to discontinue financing under the Power Sector Recovery Performance-Based Operation after key reform targets failed to materialise amid changing realities in the sector. Documents obtained from the World Bank showed that the cancellation affects the remaining balance of a broader $1.52 billion power sector recovery programme. “The restructuring will result in the...
Abdullahi Mustapha Haruna -
Business & Economy

Insecurity: World Bank...

Insecurity: World Bank gives prospects on economic development of Northeast The World Bank has said the activities of Boko Haram insurgents have caused...
Gift Luckson -
Education

Yobe varsity to...

Yobe state university to establish microfinance bank Yobe State University is making plans to establish a Microfinance Bank that will create businesses and ease financial...
Gift Luckson -
Local

My father died...

Late Military Administrator of old Kano State Police Commissioner Audu Bako who governed the state for 9 years, 1966-1975 under the military regime of...
Maryam Umar -
Crime

Tension in Osun...

There was tension in Okuku community, Odo-Otin Local Government as armed gunmen stormed a new generation bank in Osun State. The Public Relations Officer in...
Maryam Umar -
Law

My boyfriend sold...

A businesswoman, Emem Bassey, on Wednesday told a Chief Magistrates Court in Gwagwalada, FCT, that her boyfriend, Onokevbagbe Enikioye, allegedly sold her Lexus Jeep...
Aisha Auyo -
Crime

Abductors of bank...

Abductors of a bank manager with a new generational bank in Warri, Delta State, are reportedly demanding N100 million ransom to free their captive.  The...
Maryam Umar -
Uncategorized

American Bank loses...

Citibank, an American multinational investment bank, has lost about $500 million it mistakenly transferred to a group of companies that loaned money to embattled...
Aisha Auyo -
Business & Economy

FG to announce...

The Minister of Communication and Digital Economy Dr. Isa Pantami on Wednesday said the Federal Government would soon announce a timeline for Nigerians to...
Gift Luckson -
Crime

Police nab alleged...

Lagos Police Command on Wednesday said it has arrested one of those who looted commercial banks at Lekki on Tuesday night. The police also revealed...
Salim Sani -
spot_img

Create a website from scratch

With Newspaper Theme you can drag and drop elements onto a page and customize them to perfection. Try it out today and create the perfect site to express yourself!

Buy Now ⟶