Business & Economy - Page 4 of 8 - ProbitasNews

Smart Adeyemi, a senator for Kogi West, has urged the incoming administration to look into the circumstances surrounding the naira redesign policy. Adeyemi specifically urged Bola Tinubu, the president-elect, to see to it that CBN Governor Godwin Emiefiele is summoned for questioning in order to identify those responsible. The lawmaker lamented the suffering Nigerians endured while the policy was being implemented as a guest on Friday’s episode of Channels Television Politics Today. Adeyemi responded, “I...

As a result of their significant contributions to the group’s profit margin, United Bank for Africa Plc has stated that all of its African subsidiaries are now on solid ground. The bank’s activities in Africa have specifically contributed close to 50% of the group’s profits, leveraging digital solutions and products across the board to gain significant market shares throughout the various operational regions in Africa. Abiola Bawuah, Executive Director/Chief Executive Officer of UBA Africa, made...

An empowerment strategy for women in the nation has been approved by the Federal Executive Council. The new policy, known as WEE, was revealed to State House correspondents on Wednesday in Abuja by the Minister of Women Affairs, Mrs. Pauline Tallen, who expressed the hope that it would contribute to the best possible development for the nation.   “The WEE Policy was approved by the Federal Executive Council yesterday,” she stated. The WEE Policy seeks...

On Wednesday, the Interim Administrator of the Presidential Amnesty Programme, Major General Barry Ndiomu (ret.), announced that the Federal Government has contributed N1.5 billion to support a cooperative scheme for 30,000 former agitators in the Niger Delta region. The scheme is intended to help the ex-agitators move on with their lives. About 30,000 former Niger Delta agitators were the focus of the PAP’s efforts, with the overarching goal of reducing the militants’ reliance on the...

Aare Afe Babalola SAN, the chancellor of Afe Babalola University in Ado Ekiti, warned the National Assembly on Wednesday against accepting any new loan requests or loan facilities for the departing administration of President Major General Muhammadu Buhari (retd). Babalola said the National Assembly should not grant such a request a few days before the Buhari administration’s term ends. He expressed amazement that Buhari could be seeking a new loan considering the country’s increasing debt...