October 21, 2022

[GIST] Over 30 million will access digital certificates – WAEC

[GIST] Over 30 million will access digital certificates – WAEC

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

The West African Examination Council, has said its digital certificate platform will enable over 30 million West African Senior Secondary School Certificate Examination holders to  share the original copies of their certificates from anywhere in the world. The Head, National office, WAEC, Mr Patrick Areghan, disclosed this in his address at the official launching of


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[GIST] CBN pays exporters N42bn for repatriating $1.3bn

[GIST] CBN pays exporters N42bn for repatriating $1.3bn

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

The Central Bank of Nigeria paid exporters N42bn for repatriating $1.28bn through its official window. The Managing Director/Chief Executive Officer, Citibank Nigeria, Ireti Samuel-Ogbu, during the Post Bankers’ Committee Meeting Press Briefing that was held on Thursday. According to the MD, the exporters through the CBN’s RT 200, repatriated $1.28bn for the quarter, out of


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[GIST] AMCON sells Polaris Bank N50bn to new investor

[GIST] AMCON sells Polaris Bank N50bn to new investor

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

The Central Bank of Nigeria and the Asset Management Company of Nigeria have formally announced the completion of a Share Purchase Agreement for the acquisition of 100 per cent of the equity in Polaris Bank by Strategic Capital Investment Limited. The House of Representatives on Wednesday okayed the sale of Polaris Bank, noting that the


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[GIST] AfDB signs $50m credit agreement with FCMB

[GIST] AfDB signs $50m credit agreement with FCMB

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

The African Development Bank has signed a $50m credit agreement with Nigeria’s First City Monument Bank to support access to finance for small and medium-sized enterprises, as well as Women-Empowered Businesses. A statement said FCMB would use the proceeds of the credit to finance SMEs and WEBs in Nigeria’s agribusiness, manufacturing, healthcare and renewable energy


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[GIST] Funding 2023 budget through equity financing

[GIST] Funding 2023 budget through equity financing

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

Recently, the President, Major General Muhammadu Buhari (retd.), presented the 2023 appropriation Bill to the National Assembly. The record shows that N20.5tn (or $47.3bn) was the proposed expenditure by the Federal Government to run the economy in 2023, which reflects the huge needs that exist in critical sectors of the economy. The proposed budget, which


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October 20, 2022

[GIST] Amuneke rates Zambian football high

[GIST] Amuneke rates Zambian football high

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

Barely a month after he was announced as consultant coach of Zambia Super League club, Zanaco FC, former Super Eagles star, Emmanuel Amuneke, has rated football in the country high, The PUNCH reports. Amuneke was unveiled alongside his assistant, Emeka Amadi, a former Nigeria youth international. The former African Player of The Year has managed


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[GIST] Civil servants, businessman jailed over immigration job scam

[GIST] Civil servants, businessman jailed over immigration job scam

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

The Independent Corrupt Practices and Other Related Offences Commission has secured the conviction of three Kano State civil servants and a businessman for defrauding one Alhaji Bala Rabiu of N900,000. The payment was for fake immigration jobs which Rabiu attempted to secure for six of his children. A businessman, Jibrin Babagana; a civil servant with


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