Nigerian Government

Conditional Cash Transfer: CBN begins direct payment to beneficiaries as fed govt identifies those not eligible

  Olanrewaju said, “They may not be ghosts, but we have put in place many controls to make the process credible and clean. First, we looked for the NIN and BVN to match with in-person verification and biometrics. The process is from the CBN to the beneficiaries; there are no middlemen.” PEGASUS REPORTERS, LAGOS | OCTOBER 21, 2023 The Federal ...

Read More »

Disbursements by FAAC: Query your State Governments on what they did with it – Onanuga tells Nigerians.

  “Nigerians need to interrogate their state governors on how they manage their finances … In many of the states there is nothing to show for the huge cash inflow from the centre” PEGASUS REPORTERS, LAGOS | OCTOBER 21, 2023 The Special Adviser to the President on Information and Strategy, Chief Bayo Onanuga has urged Nigerians to inquire from their ...

Read More »

Nigeria Immigration Service Orders Investigation into Non-Compliance With 2-Week Passport Processing Time

  “During a visit to the immigration office on October 11, FIJ sighted passport confirmation slips with collection dates as long as six months, in contradiction to the two-week timeline directive of Olubunmi Tunji-Ojo, the minister of interior, as well as the formerly held six-week timeline for the issuance of fresh passports.” PEGASUS REPORTERS, LAGOS | OCTOBER 15, 2023 The ...

Read More »

Poverty Alleviation: Tradermoni will be Relaunched in November – Mrs. Betta Edu

  “Now, for the first set, which we are starting in November, we are selecting one big market per senatorial district. That is 109 markets and we are going into the markets, capturing the traders in their shops in the markets.” PEGASUS REPORTERS, LAGOS | OCTOBER 10, 2023 The Federal Government will restart the Tradermoni scheme in November with each ...

Read More »

Manufacturing/Industry: Federal Government earmarks N75bn in loans to support SMEs

  “As a government we are working hard to organize the disorganized SME market, and enable greater organization and formalization. We are ready to invest in SMEs, our investment will be coordinated, targeted, and generous” PEGASUS REPORTERS, LAGOS | SEPTEMBER 29, 2023 The Minister of Industry Trade and Investment, Doris Uzoka-Anite, on Thursday said the federal government had earmarked N75 ...

Read More »

RECANT: Tinubu not first African leader to Ring Closing Bell at NASDAQ in New York – Presidency

  “We inadvertently referred to President Bola Tinubu as the first African leader to ring the bell at NASDAQ on Wednesday in New York, based on the information provided by a third-party event organiser.” PEGASUS REPORTERS, LAGOS | SEPTEMBER 23, 2023 The Nigerian Presidency has apologised for a major blunder in claiming that Tinubu was the first African leader to ...

Read More »

Breaking News: Olayemi Michael Cardoso assumes duty as acting CBN governor

  “This change in leadership at the CBN is coming on the heels of the resignation of Godwin Emefiele, the former governor who is in detention for multi-dimensional criminal offenses.” PEGASUS REPORTERS, LAGOS | SEPTEMBER 23, 2023 Olayemi Michael Cardoso has officially assumed the role of acting governor of the Central Bank of Nigeria (CBN). It will be recalled that ...

Read More »

Africa does not wish to replace old shackles with new ones: President B. A. Tinubu tells the world at UNGA address

  ““This harmful traffic undermines the peace and stability of an entire region. African nations will improve our economies so that our people do not risk their lives to sweep the floors and streets of other nations. We also shall devote ourselves to disbanding extremist groups on our turf,” he said.” PEGASUS REPORTERS, LAGOS | SEPTEMBER 20, 2023 In his ...

Read More »

Emefiasco: DSS Nabbed Benjamin Adeoye Fakunle, CBN Finance Director In Abuja

  *Arrested director’s grilling by Special Investigator ongoing *Official alleged to have aided Emefiele, Shonubi, deputies to loot CBN *Fakunle said to operate 65 local, foreign personal bank accounts, own 28 choice properties in Abuja alone PEGASUS REPORTERS, LAGOS | SEPTEMBER 16, 2023 A major breakthrough may have been recorded in the ongoing probe of the Central Bank Nigeria (CBN) ...

Read More »

President Bola Tinubu Tips Yemi Cardoso as Governor of the Central Bank of Nigeria (CBN).

“In line with President Bola Tinubu’s Renewed Hope Agenda, the President expects the above listed nominees to successfully implement critical reforms at the Central Bank of Nigeria, which will enhance the confidence of Nigerians and international partners in the restructuring of the Nigerian economy toward sustainable growth and prosperity for all.” PEGASUS REPORTERS, LAGOS | SEPTEMBER 16, 2023 Presidential spokesman, ...

Read More »