The Economist reviewed the first term of President Muhammadu Buhari and concluded that Nigerians became poorer during his first four years in office. The magazine, in the publication, which was posted on its website on Thursday, said while the Nigerian economy was “stuck like a stranded truck,” average incomes fell during the four-year period covering…
Worried by the increasing rate of the unbanked population, the Federal Government, through the Central Bank of Nigeria (CBN), kicked off a campaign in 2012 to achieve 80 per cent financial inclusion of adult population by 2020. The CBN carried out the campaign through agency banking, mobile banking/mobile payments, linkage models and client empowerment, to…
An official steward to Borno State governor, Kashim Shettima, has allegedly committed suicide at the Government House, Maiduguri. The steward, identified as John Achagwa, allegedly hanged himself on a Neem (Dongoyaro) tree at the back of the Presidential Lodge, Government House, yesterday afternoon. It is not clear why the man decided to take his life,…
Still basking in the euphoria of his recent successful launch and public presentation of his latest 3-cut album in Nigeria, ace Highlife Saxy Juju crooner, Yinka Best is set for a re-enactment of this much touted success story in the United Kingdom. Billed for June 7, 2019, Best recently disclosed that all is set for…
When Muslims all over the world celebrate Eid-Fitr, next week, their counterparts in Daura, Katsina State, the birth place of President Muhammadu Buhari, will not be part of the celebrations. This came as Northern Governors, yesterday, met behind closed doors with President Muhammadu Buhari at the Presidential villa, Abuja, where they lamented that banditry and…
As the country marks the 2019 Children’s Day, leading Nigerian Bank, Guaranty Trust Bank Plc (GTBank) has launched a nationwide initiative, tagged #BeatTheDistance, to improve educational outcomes for children in rural communities by easing the difficulties they face with mobility to school and back. Through the initiative, the Bank is providing students in remote parts…
When is a bank not a bank? Tha question Segun Agbaje, the multiple award-winning CEO and Managing Director of Nigeria’s Guaranty Trust Bank (GTBank) has been getting to grips with as he forges a new path for banking in Africa. Agbaje was always destined to become a banker, it seems, although he took a circuitous route. Initially, he…
President Muhammadu Buhari’s wife, Aisha, has rubbished the N500bn Social Investment Programme of her husband’s administration, saying that it failed “woefully” in the North in particular. Aisha, who hails from Adamawa State, said the situation in her home state, as far as the implementation was concerned, was pathetic. She also cited Kano, a highly-populated northern…
Rising from a strategy meeting three days ago, the self-acclaimed master-strategist and the de facto governor of the “New Direction” government of Governor Yahaya Bello, Edward Onoja, has boasted that with the Governor’s approval to fritter ten billion Naira on some key stakeholders, the issue of securing the APC Governorship ticket for the November 16,…
The Independent National Electoral Commission (INEC) has declared the Peoples Democratic Party (PDP) governorship candidate in Zamfara, Bello Matawalle winner of the state’s governorship election. INEC Chairman Professor Mahmood Yakubu who announced this during a press conference in Abuja on Saturday, said the opposition party won in all elective positions in the state. Yakubu said…
