The Senate has again resolved to launch fresh probe into alleged uneven disbursement of N483 billion loan to the Medium and Small-Scale Enterprises (MSMEs) in the six geo-political zones by the Development Bank of Nigeria (DBN) in 2021.This followed a motion by the Senate Chief Whip, Senator Mohammed Ali Ndume
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The Central Bank of Nigeria (CBN) has directed International Money Transfer Operators (IMTOs) to commence remittances pay-out in both Naira and foreign exchange to beneficiaries.It has also directed that the Investors and Exporters’ (I&E) window foreign exchange rate should be used in determining the exchange rate for Naira pay-outs.In a
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President Bola Tinubu has asked the House of Representatives to amend the 2022 Supplementary Appropriations Act to provide N500 billion to fund palliative measures against the impact of fuel subsidy removal.The request was convened in a letter read by the Speaker of the House, Tajudeen Abbas, during the plenary on
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Federal government has arraigned the Peoples Democratic Party (PDP) candidate in the 2023 governorship election in Ogun State, Ladi Adebutu and nine others before an Ogun State High Court, Abeokuta for vote buying. Adebutu was charged in absentia.A few months ago, Adebutu left the country, following allegations of electoral malpractices
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Gombe State governor Inuwa Yahaya has commissioned a hospital built in memory of a leading philanthropist, Mrs Jennifer Etuh, and named after her.Governor Yahaya officially opened the fourth hospital by the Jennifer Etuh Foundation in Tula, Gombe State, on Monday.The Foundation had built three other hospitals across the country.Speaking at
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The Office of the First Lady, Senator Oluremi Tinubu has disclaimed the rumour making the rounds on social media platforms that the Aso Villa Chapel has been closed.The special adviser on media to the first lady Mrs Busola Kukoyi disclosed this to the News Agency of Nigeria (NAN) in Abuja
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In a bid to check diversion of farm inputs, Niger State governor Mohammed Umaru Bago invited the Economic and Financial Crime Commission EFCC and the Independent Corrupt Practices Commission and Other Related Offences (ICPC) to monitor the distribution of farm inputs purchased to boost agriculture in the state.Governor Bago said
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The Federal Ministry of Health has launched the Malaria Modelling Programme to achieve zero malaria prevalence by 2025.Launching the programme yesterday in Abuja, the national coordinator of the National Malaria Elimination Programme in the ministry, Dr Perpetua Uhomoibhi, expressed the importance of eliminating malaria with data by 2025.The News Agency
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House of Representatives has urged the Central Bank of Nigeria (CBN) to halt the implementation of its directive to commercial banks to add social media handle on “Know your Customer” requirements.This was sequel to the adoption of a motion sponsored by the minority leader, Hon Kingsley Chinda, Hon Kelechi Nwogu
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Chairman/chief executive of the National Drug Law Enforcement Agency (NDLEA), Brig. Gen. Mohamed Marwa (rtd), has directed all commands and formations of the agency to clamp down on illegal sale and use of nitrous oxide, otherwise known as “laughing gas” following its abuse by people who use it for recreational
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