Verve Launches Global Card

Payment technology and card business in Africa, Verve has partnered with America’s card platform, Discover Global Network to expand its services and formally launch its Verve Global Card.

N2.2b Allotted for RUGA Scheme - FG

The Federal Ministry of Agriculture and Rural Development has budgeted N2.258 billion for the implementation of the Rural Grazing Area (RUGA) scheme this year, according to Mr. Ita Enang, Senior Special Assistant to the President on National Assembly Matters (Senate).

Buhari Orders CBN To Cease Issuance Of FX For Food

President MuhammaduBuhari on 13th August 2019 while hosting Governors of the All Progressives Congress  (APC) in his country home, Daura, Kastina State said he has directed the Central Bank of Nigeria (CBN) to stop providing Foreign Exchange (Fx) for the importation of food into the country. 

We Can Achieve A Better Tomorrow And Innovations In The Upstream Sector — Ubah

The Vice-Chairman of Senate committee Petroleum (Upstream) Senator Patrick Ifeanyi Ubah of Young Progressive Party (Anambra) has said that petroleum (upstream) sector is no doubt facing a lot of challenges but coming together of the stakeholders will assist in confronting the problems as well as strengthen the sector.

Miyetti Allah Bans Fulani Herdsmen From Grazing In South-East

Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) and the association in charge of livestock and perishable goods in the South-East on Saturday, August 10, resolved to ban herders whose families do not live in the region from grazing.

Cost of Funds To Fall As N632bn Inflow Halts Its Scarcity

Experts averred that the scarcity of funds that led cost of funds to rise by over 1000 basis points in the interbank money market last week is expected to decrease this week spanning through preceding weeks in August, 2019 due to inflow of N632 billion from matured Treasury Bills (TB) and statutory allocation to states and local governments.

Flood: FCT, 15 Other States On Red Alert – NIHSA

The Nigerian Hydrological Service Agency (NIHSA) has said as the rainy season enters its second phase which is his peak, more states are prone to flooding including the FCT.

Ruga Shouldn’t Operate In Non-Fulani States – Ganduje

The Governor of Kano State, Abdullahi Ganduje, on Saturday said he was not happy with the manner in which Fulani are treated in the country, stressing that the Federal Government’s Ruga programme shouldn’t be implemented where indigenes are not Fulani.

Bitcoin Surge to $12K

Leading cryptocurrencyBitcoin (BTC) on Monday 5th August 2019 jumped above $11,868 making it the highest it has gone since July 12th. With the new price, observers consider that BTC'sprice gains may remain sustainable if they are backed by an uptick in the dominance rate.

MTN Nigeria Posts N60b Interim Dividends

Nigeria's leading telecommunication company, MTN Nigeria has declared N60 billion as interim cash dividends to be distributed to shareholders, making it N2.95 per share for the first half of the year.