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Nigeria Lost $9bn To B’Haram Insurgency In N’East – Presidential Panel

Nigeria Lost $9bn To B’Haram Insurgency In N’East – Presidential Panel

The Presidential Committee on North-East Initiative has said that about $9bn has been lost to the destructive activities of the Boko Haram insurgents in Borno, Yobe and Adamawa states. The committee also said that a strategic framework would be inaugurated soon by President Muhammadu Buhari in line with his determination to rebuild the North-East. The […]

FG Soon To Launch N10bn Infrastructural Rebirth In Niger Delta

FG Soon To Launch N10bn Infrastructural Rebirth In Niger Delta

During a press conference held inside the Presidential Villa, Abuja, on Thursday, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, said the Federal Government would soon inaugurate a $10bn infrastructural rebirth investment programme in the Niger Delta. The minister explained that the fund would not come from the Federal Government but from oil […]

Jonathan Attacked For Saying Dasuki Didn’t Steal $2.1bn

Jonathan Attacked For Saying Dasuki Didn’t Steal $2.1bn

the comments by former President Goodluck Jonathan that a former National Security Adviser, Col. Sambo Dasuki (retd,), did not steal $2.1bn contrary to the accusation by the Economic and Financial Crimes Commission was on Tuesday greeted by condemnation. The ex-NSA is currently under the prosecution of the Economic and Financial Crimes Commission (EFCC). Jonathan had stated […]

NSE Market Drops By N164bn As 27 Stocks Depreciates

NSE Market Drops By N164bn As 27 Stocks Depreciates

The market capitalisation of the Nigerian Stock Exchange dropped by N164bn at the close of trading on Tuesday as 27 stocks closed in the red. The NSE market capitalisation dropped from N9.471bn recorded on Monday to N9.307bn, while the All-Share Index slid to 27,098.52 basis points from 27,574.95 basis points. A total of 113.498 shares […]

60 Year Old Grandpa Arrested For Producing N3m Worth Of Fake Dollars

60 Year Old Grandpa Arrested For Producing N3m Worth Of Fake Dollars

A 60-year-old  Highsent Nwogu has been arrested by the Lagos State Police Command for allegedly producing dollars worth N3m and defrauding residents of the Ogba area. Nwogu, a father of five children and grandfather of three, told PUNCH Metro that he ventured into the “washing” of fake dollars to make ends meet. Our correspondent learnt […]

Protecting Your Bank Account Online

Protecting Your Bank Account Online

Online banking is growing by the day. This is obviously because of the comfort and convenience that come with it. Several banking services are now available via the Internet. Some of these include funds transfer, bills payment, opening fixed deposit account, checking account balance, and foreign exchange transactions. As good as banking online is, it […]

How TO Keep Your Bank Account Safe From Scammers

How TO Keep Your Bank Account Safe From Scammers

Fraudsters are everywhere; unfortunately, they have no bounds, that is why keeping close tabs on your financial life is extremely important. You can never be more than careful when it comes to your money – your hard-earned income. What you live on is not something to be joked with. Clark.com and financial Web offer some […]

Forex: Manufacturing Sector Needs Federal Government Intervention

Forex: Manufacturing Sector Needs Federal Government Intervention

The Chemical and Non-Metallic Senior Staff Association has called on the Federal Government to address the scarcity of Forex that is affecting manufacturers and threatening the jobs of thousands of workers across the country. In a statement on Tuesday, the President of the body, Mohammed Abdul Gafar, made the plea at a three-day annual national […]

Advantages Of A Child Savings Account

Advantages Of A Child Savings Account

New research has revealed that not only does a simple savings account makes kids more financially aware; having one means they are more likely to accumulate assets, go to the university, and invest in the stock market, according to theweek.com. “Even a small savings account can change the way that children think about their future […]

The ‘Why’ Of Child Savings Account

The ‘Why’ Of Child Savings Account

Banks offer savings accounts designed specifically for children. These include both the one the parents open on behalf of the child when he or she is still very young and the one you open for them when they are old and you allow them to run it. These accounts offer tremendous benefits for both the […]

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