News – Page 44 – Democracy Radio

Niger State signs $2mn Bond To Boost Education

By Oluwakemi Kindness In the bid to strengthen higher education in Niger state, Governor Umaru Bago, has signed a one-million-dollar scholarship bond with the University of Toronto. This is with a matching contribution from the University of Toronto, creating a two-million-dollar fund to support 100 students pursuing medical degrees and professional courses. According to Governor Bago who led a delegation of Niger State government officials to the All Saints University Admin Office in Toronto, this partnership opens doors for aspiring […]

October 8, 2024 19 5

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General

Greater Igbo Forum Postpones Summit In Honour Of Late Chief Iwuanyanwu

By Oluwakemi Kindness The Greater Igbo Forum (GIF) Worldwide, has announced a shift in the date of it summit following the upcoming burial of the President of the Ohaneze Ndigbo Worldwide, Chief (Dr.) Emmanuel Iwuanyanwu. According to the President GIF, Lady Ambassador Lois Jonathan, who made this known in a statement in Abuja said a new date, venue and time will be announced in due course from the earlier October 9 and 10, 2024. According to her, the decision to […]

October 8, 2024 22 2

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Economy

CBN Assures Nigerians Of The Safety Of Their Bank Deposits

By Oluwakemi kindness The Central Bank of Nigeria (CBN) on Tuesday assured Nigerians not to panic as it has put in place policies to ensure that all monies deposited in financial institutions across the country are secured. A statement by the apex bank’s Acting. Director, Corporate Communications, Hakama Sidi-Ali, reassured the public of its unwavering commitment to ensuring the stability and reliability of the Nigerian financial system. This development follows a fresh uproar across the country on Monday, warning customers […]

October 8, 2024 24 2

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Economy

CBN Introduces Electronic System To Enhance Transparency In Forex Market

By Oluwakemi Kindness The Central Bank of Nigeria has announced the introduction of an Electronic Foreign Exchange Matching System aimed at transforming the country’s foreign exchange market. The new system is set to be operational in the Nigerian Foreign Exchange Market by 1 December 2024, following a two-week test run scheduled from November. The EFEMS is expected to reshape how foreign exchange transactions are conducted in the interbank market by enhancing transparency and promoting a market-driven exchange rate accessible to […]

October 4, 2024 27 3

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Uncategorized

Vice President Kashim Shettima Commissions Enugu Garment and Fashion Hub, Commends Governor Mbah’s Leadership Style

By Chinedu Echianu Vice President, Senator Kashim Shettima has lauded Governor Peter Mbah’s development strides in Enugu State, noting that he was turning the state around through multiple projects across all sectors. Shettima, who was in Enugu on Thursday to commission the Enugu State Garment and Fashion Hub as well as unveil the 5th Expanded National Micro, Small, and Medium Scale Enterprises (MSME) Clinics, which are collaborative efforts of the Federal Government and Enugu state to boost MSMEs in the […]

October 4, 2024 20 1

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National Assembly

Speaker Abbas Laments Niger State Boat Mishap, Deaths

By Oluwakemi Kindness The Speaker of the House of Representatives Abbas Tajudeen, has described as devastating, a boat mishap in Niger State, which killed scores of passengers. About 60 bodies have been reportedly recovered after the boat capsized on Tuesday night at Gbajibo River in Mokwa Local Government Area of Niger State. The boat was said to be carrying over 300 passengers. Speaking in a statement on Friday by his media adviser, Musa Abdullahi Krishi, Speaker Abbas called for safer […]

October 4, 2024 20 4

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Politics

Rep. Alhassan Doguwa tackles NNPP’s Kwankwaso ahead of 2027 election

By Oluwakemi Kindness The Chairman of the House of Representatives Committee on Petroleum Resources (Upstream), Alhassan Ado-Doguwa has knocked the Presidential Candidate of the New Nigeria People's Party (NNPP) in the 2023 general elections, Rabiu Musa-Kwankwaso, for his comment that Nigerians will vote out the All Progressives Congress (APC) in the 2027 polls. Kwankwaso, had while speaking at a political gathering in Kano on Thursday, said Nigerians, especially Northerners, are tired of the APC and would change it in the […]

October 4, 2024 25 4

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Business

Business: 140 manufacturers to get BOI’s loan at single digit

By Oluwakemi Kindness The Bank of Industry, BOI says about one hundred and forty large manufacturing companies will receive loans of up to one billion naira at single digit interest rates. BOI’s Managing Director, Dr. Olasupo Olusi, stated this in Abuja on Wednesday during its inaugural public lecture series saying this is under the seventy five billion naira Manufacturing Sector Fund. Dr. Olusi said the funds under this program have been fully allocated to successful applicants across the six geopolitical […]

October 3, 2024 21 5

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Economy

FG Introduces New Fiscal Incentives To Boost Oil & Gas Sector

By Oluwakemi Kindness In its avowed determination towards ensuring a boost in the nation’s upstream and downstream sector, the Federal Government has introduced groundbreaking concessions aimed at revitalizing the industry. This is just as the Minister of Finance and Coordinating Minister of the Economy, Wale Edun on Wednesday unveiled two major fiscal incentives aimed at revitalizing Nigeria's oil and gas sector: They include Value Added Tax (VAT) Modification Order 2024 and Notice of Tax Incentives for Deep Offshore Oil & […]

October 3, 2024 19 3