The Sun News
  • FIFA Confederations Cup: Cameroon, Australia share spoils

    Cameroon and Australia  played out a 1-1  draw in Saint Petersburg yesterday in a physical game that left both teams facing early exits from the Confederations Cup. The result extends a winless run at FIFA tournaments for two sides that lost their opening game in Russia and all three matches at the 2014 World Cup…

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  • Etisalat crisis worsens banks’ debt exposure –Report

    …As analysts predict CBN intervention likely By Olabisi Olaleye A new market sensitivity analysis report has revealed how local banks’ exposure in the $1.2 billion (about N377.4 billion) syndicated loan granted Etisalat Nigeria by a consortium of 13 Nigerian banks worsened their loan books over the last few years. The report shows, for instance, that…

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  • Currency management gulps N192bn, says CBN

    By Steve Agbota The Central Bank of Nigeria (CBN) has disclosed it expended about N192 billion on currency management over the past five years. According to Assistant Director, Currency Operations Department of the apex bank, Benedict Maduagwu, the whopping sum was spent on managing the naira between 2005 and 2010. Maduagwu, who stated this in…

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  • FG targets $8bn forex earning from yam export

    The Federal Government says it is targeting about $8 billion annually in foreign exchange from the export of yams to other countries if its yam export programme succeeds. Chief Audu Ogbeh, the Minister of Agriculture and Rural Development, said this when he received the Technical Committee on Nigeria Yam Export Programme in Abuja yesterday. Ogbeh…

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  • WEF, DQ target 1m Nigerians with digital learning

    By Zika Bobby Digital Intelligence Quotient (DQ) Institute, an organisation working in collaboration with the World Economic Forum (WEF), has developed a digital initiative aimed at boosting the digital competence of one million young Nigerians and other countries by 2030. The initiative christened, “DQEveryChild,” is a digital intelligence education programme, which can be “plugged and…

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  • 142 public coys privatised under NCP –Osinbajo

    …Tasks council on creative thinking By Adewale Sanyaolu No fewer than 142 public enterprises have been privatized since the inception of The National Council on Privatisation (NCP) Acting President, Professor Yemi Osinbajo, has said. Osinbajo stated this during the inauguration of the Fifth Council of the National Council on Privatisation (NCP,  pointing out that the…

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  • FCMB opens Flexx Hub at UNIBEN, creates platform for the youth

    First City Monument Bank (FCMB) has opened a Flexx Hub at the University of Benin (UNIBEN) in Edo State. The Hub is a mini branch where basic banking transactions can be carried out, while also serving as an exclusive banking arena for FCMB’s customers who hold its youth account, known as Flexx. This is the…

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  • FAAC: FG, states, LGAs share N462.3bn in June

    From Uche Usim, Abuja The Federal, 36 States and 774 Local Government Areas in the country shared shared N462.359 billion as  revenue from the federation account for June . Of total statutory allocation, federal government received N147.682 billion, states got N74.906 billion; local government got N57.750 billion while N20.505 billion went to the oil producing…

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  • NIMASA to support Ghana Maritime Authority

    By Isaac Anumihe As part of efforts to make Africa compete favourably with other maritime nations in the world, the Federal Government through the Nigerian Maritime Administration and Safety Agency (NIMASA) plans to  support  the Ghana Maritime Authority (GMA) through a proposed Memorandum of Understanding (MoU).  The Director General of NIMASA, Dr. Dakuku Peterside who…

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Editor, Online: Ikenna Emewu
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