Economy/Business (Page 224)

  L-R: TAJBank’s Managing Director, Hamid Joda, Brand Ambassador, Osita Iheme and the bank’s Executive Director, Mr. Sherif Idi; during the unveiling of the Bank’s Ambassadors and Influencers in Abuja   By Kadiri Abdulrahman TAJBank Limited, Nigeria’s foremost non-interest bank, has announced Nollywood acts, Osita Iheme (Pawpaw) and Saratu DasoContinue Reading

By Kadiri Abdulrahman A financial expert, Prof. Uche Uwaleke, says the securitisation of the Central Bank of Nigeria (CBN’s) N22.7 trillion Ways and Means Advances will afford the Federal Government a ‘breather’ in terms of debt service burden. Uwaleke, a Professor of Capital Market at the Nasarawa State University, KeffiContinue Reading

Patience Oniha, Director-General, DMO   By Kadiri Abdulrahman The Debt Management Office (DMO) says the securitisation of CBN’s N22.7 trillion “Ways and Means Advances’’ to the Federal Government will improve debt transparency. “Ways and Means Advances’’ allows the Federal Government to borrow short-term or emergency loans from the CBN toContinue Reading

By Jacinta Nwachukwu Ochenuell Mobility in partnership with Global Designing Cities Initiative has expressed concern over provision of safe walking and cycling routes for school children as such will promote healthy living among students. Mr Emmanuel John, the Executive Director of Ochenuell Mobility, expressed the concern in an interview withContinue Reading

By Kadiri Abdulrahman The National Association of Microfinance Banks (NAMB) has restated the commitment of the micro lenders to intensify efforts to deepen financial inclusion. National President of the Association, Joshua Ukute, who said this in a statement on Wednesday, also said that the MfBs’ licence revocation rumour was mischievous.Continue Reading