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BUSINESS

The Federal Ministry of Sports and Youths Development on Wednesday said 10,000 out of the three million youths who applied for the Nigeria Youth Investment Fund have been shortlisted.

The Federal Ministry of Sports and Youths Development on Wednesday said 10,000 out of the three million youths who applied for the Nigeria Youth Investment Fund have been shortlisted. The Youth Development arm of the ministry said this in a statement it issued in Abuja on Wednesday. The statement added that the selected youths would be entitled to loans between N250,000 and N3m. It added that the Ministry of Youth […]

todayOctober 14, 2021 2

BUSINESS

The equities market of the Nigerian Exchange Limited upturned the previous day’s loss with a N95.34bn gain on Tuesday following renewed buying interest in 27 stocks.

The equities market of the Nigerian Exchange Limited upturned the previous day’s loss with a N95.34bn gain on Tuesday following renewed buying interest in 27 stocks. The NGX All-Share Index increased by 0.45 per cent to close at 40,896.96 basis points from 40,714bps on Monday, while the market capitalisation of stocks rose to N21.31tn from N21.22tn on Monday. The total volume and value traded appreciated by 194.75 per cent and […]

todayOctober 13, 2021 1

NEWS

The International Monetary Fund has said the growing adoption of cryptocurrencies pose risks to the global economy.

The International Monetary Fund has said the growing adoption of cryptocurrencies pose risks to the global economy. The IMF said this in its ‘Global Financial Stability’ report released on Tuesday. It said the adoption of crypto assets and stablecoins in emerging markets and developing economies could pose a challenge to those countries’ macroeconomic and financial stability. According to the fund, while the risks are contained for now, regulators have to […]

todayOctober 13, 2021

BUSINESS

The Senate on Tuesday commenced investigation into alleged illegal payment of N19bn to four federal agencies, by the Budget Office.

The Senate on Tuesday commenced investigation into alleged illegal payment of N19bn to four federal agencies, by the Budget Office. Officials of the Budget Office did not appear before the Senate Public Accounts Committee. SPAC, relying on the 2016 report of the Auditor General for the Federation, alleged that the N19bn was paid to four agencies through verbal directive by the Director General of the Budget Office in 2015. The […]

todayOctober 13, 2021 2

ENTERTAINMNET

American rapper, Rick Ross has agreed to pay his ex-girlfriend Briana Singleton $11,000 per month in child support. 

American rapper, Rick Ross has agreed to pay his ex-girlfriend Briana Singleton $11,000 per month in child support. The rapper is also on board for additional annual payments of up to $3,000 per child for extracurricular expenses if the figure goes past $7,560. A judge in Rick Ross’ paternity case, has reportedly signed off on his agreement to send monthly child support payments for their three kids. Rick Ross’ monthly income is said to […]

todaySeptember 29, 2021 5

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