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CBN GIVES N50BN LOAN THROUGH MICROFINANCE BANK

CBN GIVES N50BN LOAN THROUGH MICROFINANCE BANK

The Central Bank of Nigeria is disbursing the N50bn COVID-19 credit facility to households and Micro, Small and Medium Enterprises affected by the pandemic through the Integrated National Association of Microfinance Banks Unified IT Platform deployed by Inlaks for NIRSAL microfinance bank. Inlaks in a statement on Tuesday described the NIRSAL National MFB as an...

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10.5BN COVID-19 HEALTHCARE FUND DISBURSED BY CBN

10.5BN COVID-19 HEALTHCARE FUND DISBURSED BY CBN

The Central Bank of Nigeria has disbursed N10.5bn out of the N100bn credit intervention for the healthcare industry, which it recently introduced as part of the measures to cushion the impact of the coronavirus pandemic on the economy. The CBN Governor, Mr Godwin Emefiele, disclosed this in Abuja at the end of the MPC 273th...

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MAN ELECTROCUTED FEW WEEKS TO HIS TRADITIONAL WEDDING IN ABA

MAN ELECTROCUTED FEW WEEKS TO HIS TRADITIONAL WEDDING IN ABA

A middle-aged man identified simply as Chukwudi has been electrocuted to death, few weeks to his traditional wedding. Chukwudi was electrocuted while trying to fix the issue of having no electricity in his apartment even though there was power supply in his neighborhood at Opobo Road in Ogbor Hill area of Aba.  Though the deceased is not a staff of...

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TRUMP QUIT U.S TIES WITH WHO

TRUMP QUIT U.S TIES WITH WHO

President Donald Trump has announced that the US is terminating its ties with the World Health Organization, WHO, and will suspend all funding to the organization. The US President made the announcement during a press conference at the White House Rose Garden on Friday May 29. He said his decision comes after WHO ”failed to make the...

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I CAN’T FIND TRUE LOVE – ANTHONY JOSHUA

I CAN’T FIND TRUE LOVE – ANTHONY JOSHUA

Anthony Joshua has opened up on his challenges in finding true love, stating that he’s yet to find someone to call his girlfriend. The world heavyweight boxing champion spoke with to The Sun about life in lockdown with his family including becoming “super dad” to his four-year-old son, JJ, and how it has been hard...

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BREAKING: FORMER NNPC MD MAIKANTI BARU DIES AT 60

BREAKING: FORMER NNPC MD MAIKANTI BARU DIES AT 60

Maikanti Baru, the immediate past Group Managing Director of the Nigerian National Petroleum Corporation, has died. Baru died on Friday night, May 29, at the age of 60. The current GMD of NNPC, Mele Kyari, announced his passing on Twitter this morning. ”My brother, my friend and my mentor, Dr Maikanti Kachalla Baru, immediate past GMD of NNPC died...

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EKWEREMADU: COVID-19 RESTRICTIONS NECESSARY BUT UNCONSTITUTIONAL

EKWEREMADU: COVID-19 RESTRICTIONS NECESSARY BUT UNCONSTITUTIONAL

While commending the Federal Government and many states for their commendable efforts in handling the COVID-19 pandemic, the lawmaker representing Enugu West Senatorial District, wondered why the Federal Government failed to invoke Section 305 of the Constitution. “I think the pandemic itself is an emergency situation that requires emergency response.  But some of the things...

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EKWEREMADU: HEALTH EMERGENCY BILL WON’T PASS AS PRESENTED

EKWEREMADU: HEALTH EMERGENCY BILL WON’T PASS AS PRESENTED

Ekweremadu has allayed concerns over the infectious disease Bills before the National Assembly. He stated: “Let me use this opportunity to reassure Nigerians that the bill as presently presented will not be passed by the National Assembly. A lot of parliamentarians have lined up to oppose it. “Parliament is essentially a market place of ideas. And...