Private sector receives N1.18trn new loans in Q1 2022

Private sector receives N1.18trn new loans in Q1 2022

The Central Bank of Nigeria (CBN) has said, bank credit to the private sector rose to N36.37 trillion as of March 2022, representing N1.18 trillion net new loans to the real sector in the first quarter of the year. The banking sector has been encouraged by the CBN to continue to inject funds into the real sector of the economy in order to promote growth and ensure recovery from the recession witnessed during the covid-19 lockdown in 2020. The monetary policy committee of the Central Bank during the 284th MPC…

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Tinubu Returns to Nigeria, Receives N100million APC Nomination Form.

Tinubu Returns to Nigeria, Receives N100million APC Nomination Form.

The National Leaders of All Progressives Congress, Bola Tinubu, has returned to Nigeria after three days in Saudi Arabia for Umrah (lesser hajj). Tinubu on Saturday was seen posing with the N100milion nomination and expression of interest forms of the ruling party bought for him to pursue the 2023 presidential contest, which he described as his “lifelong ambition”. Tinubu arrived last night after completing his lesser hajj in Mecca. On Saturday, he showed his nomination form, which had been picked up by his supporters’ group, led by James Faleke, a…

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India announce 3,688 new Covid-19 infections, 50 fatalities

India announce 3,688 new Covid-19 infections, 50 fatalities

India saw a single day rise of 3,688 new coronavirus infections taking the total tally of Covid-19 cases to 4,30,75,864, while the active cases increased to 18,684, the government said on Saturday. According to the Union Health Ministry data updated at 8 am, the death toll rose to 5,23,803 with 50 more fatalities. The active cases constituted 0.04 percent of the total infections, while the national recovery rate was recorded at 98.74 percent, the health ministry said. An increase of 883 cases has been recorded in the active Covid-19 caseload…

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EPRA, LEADERSHIP AND ENTREPRENEURIAL AWARDS NOMINATIONS NOW OPEN.

EPRA, LEADERSHIP AND ENTREPRENEURIAL AWARDS NOMINATIONS NOW OPEN.

After four successful years, the Annual EPRA, Leadership and Entrepreneurial Awards is back and we are excited to open nominations into 13 categories. Nominations will remain open until Friday 24th June 2022 All shortlisted individuals will then be invited to the Awards Dinner & Ceremony on Friday 23rd September 2022. Leadership and Entrepreneurial Awards is set to be bigger and better than ever. The evening is set out to celebrate outstanding leaders and remarkable organisations which have shown exemplary leadership core values, norms, characteristics and continuing commitment to leadership excellence….

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EPRA, Leadership and Entrepreneurial Awards Nominations Now Open.

EPRA, Leadership and Entrepreneurial Awards Nominations Now Open.

After four successful years, the Annual EPRA, Leadership and Entrepreneurial Awards are back and we are excited to open nominations into 13 categories. Nominations will remain open until Friday 24th June 2022 All shortlisted individuals will then be invited to the Awards Dinner & Ceremony on Friday 23rd September 2022. Leadership and Entrepreneurial Awards is set to be bigger and better than ever. The evening is set out to celebrate outstanding leaders and remarkable organisations which have shown exemplary leadership core values, norms, characteristics and continuing commitment to leadership excellence….

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THE FIRST CLASS MONARCH ‘OBA LAMIDI ADEYEMI III’, THE ALAAFIN OF OYO IS DEAD.

THE FIRST CLASS MONARCH ‘OBA LAMIDI ADEYEMI III’, THE ALAAFIN OF OYO IS DEAD.

The first class monarch, Oba Lamidi Adeyemi, the Alaafin of Oyo, has joined his ancestors at the late hours of Friday at the Afe Babalola University Teaching Hospital, Ado Ekiti, South-West Nigeria. According to the palace source, the body of the deceased was brought to Oyo town in the early hours of Saturday and traditional rites begins. He was 83 years old and the longest reigning Alaafin ever, having ruled for 52 years. The Governor of Oyo State, Seyi Makinde, is expected to make an official announcement upon receiving the…

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The First Class Monarch ‘Oba Lamidi Adeyemi III’, the Alaafin of Oyo is dead.

The First Class Monarch ‘Oba Lamidi Adeyemi III’, the Alaafin of Oyo is dead.

The first class monarch, Oba Lamidi Adeyemi, the Alaafin of Oyo, has joined his ancestors at the late hours of Friday at the Afe Babalola University Teaching Hospital, Ado Ekiti, South-West Nigeria. According to the palace source, the body of the deceased was brought to Oyo town in the early hours of Saturday and traditional rites begins. He was 83 years old and the longest reigning Alaafin ever, having ruled for 52 years. The Governor of Oyo State, Seyi Makinde, is expected to make an official announcement upon receiving the…

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Osinbajo lists 10 reasons he wants to be the next Nigerian President

Osinbajo lists 10 reasons he wants to be the next Nigerian President

Vice President Yemi Osinbajo has not only declared his intention to contest for Presidency in 2023 but also released a statement outlining the reasons he wants to be the next President of the largest economy in Africa and the most populous black nation in the world. In the statement, which was shared with Nairametrics by the spokesperson of the Vice President on Monday, the former Attorney General of Lagos State boasted that he has served the government in several capacities, and at the direction of Mr. President, represented the country…

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2023: It is time for an Igbo Man to rule Nigeria’

2023: It is time for an Igbo Man to rule Nigeria’

A Presidential aspirant under the People’s Democratic Party (PDP), Dr. Nwachukwu Anakwenze, has said that it is time for an Igbo man to rule Nigeria, noting that Igbo Presidency should be used to reconcile the region. Speaking with newsmen in Lagos, he stressed the need for zoning to be preserved. He asked all patriots and goodwill ambassadors in all regions of the country to secure presidential power rotation/zoning in 2023 by voting a President from the southern part of the country specifically the South-East. “It is the turn of the…

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Osinbajo point out reason for Nigeria’s retrogression

Osinbajo point out reason for Nigeria’s retrogression

Vice President Yemi Osinbajo on Saturday said that corruption, dishonesty and others are responsible for the debilitating state of the country, adding that Nigeria needs transparent leaders and citizens for it to thrive. Osinbajo stated this in Abakaliki, Ebonyi State, during the 21st Joint Planning Board and National Council on Development Planning (JPB/NCDP) Meeting. According to him, the effect of poor governance would result in the ineffective delivery of public services whether it is in the collection of taxes or delivery of social investment programme, public education, health services, and…

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