Nigeria-finance

  • Insecurity: Nigeria's Economy Suffers Huge Blow - SBM
    Murtala Abdullahi

    Insecurity: Nigeria’s Economy Suffers Huge Blow – SBM

    Nigeria’s security crisis is accelerating and the rising insecurity has a real cost which in the end affects Nigeria’s economy, says Lagos-based SBM intelligence. Nigeria is grappling with insecurity in at least five out of the six geo-political zones in the country. The group in a video shared online said oil bunkering, piracy, kidnapping and […]

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  • 440 Women In Kano State Get N4.4 million From NDE to Set Up Businesses
    Muhammad Sani Uba

    440 Women In Kano State Get N4.4 million From NDE to Set Up Businesses

    The National Directorate of Employment (NDE), has disbursed N4.4 million to 440 women in Kano State under the Federal Government’s Micro Enterprises Enhancement Scheme. The state Coordinator of NDE, Mr Iliyasu Ahmed, said at the launch of the programme in Kano on Tuesday that the initiative was meant to enable women to establish Small and […]

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  • Frequent Budget Violations, Favouritism … Other Allegations Against Suspended EFCC Boss
    Kunle Adebajo

    Frequent Budget Violations, Favouritism … Other Allegations Against Suspended EFCC Boss

    Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, who was suspended on Tuesday, habitually violated the commission’s budgetary limits, was financially reckless, and abused his office in favour of his cronies, HumAngle has learnt. Magu was arrested on Monday by operatives of the Department of State Services (DSS) and the Nigeria […]

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  • Gabon, Nigeria Credit Ratings Hit Most By COVID-19
    Chief Bisong Etahoben

    Gabon, Nigeria Credit Ratings Hit By COVID-19

    The American credit rating agency, Fitch, has in its latest report, indexed four African petroleum producing countries whose ratings have been gravely impacted by the COVID-19 pandemic. The countries are Angola, Congo Brazzaville, Gabon and Nigeria. According to the report, the financial resources of these countries have dangerously dropped due to the combined shocks occasioned […]

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