Author: Newsjaunts

The Katsina State Government has enrolled 320,000 persons in the formal sector programme of its contributory healthcare scheme. 53,241 vulnerable persons are also expected to be covered, under the Scheme. Governor Aminu Masari, said this at the flag off of the implementation of the scheme in Katsina. He said the contributory scheme, is designed to be one of the effective reforms in the state health sector. Shortly before personally registering for the scheme, Governor Masari said one per cent of the state’s statutory allocation has been appropriated in the 2021 budget, and dedicated to the state Contributory Healthcare Management Agency,…

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The Central Bank of Nigeria (CBN) yesterday queried the board of First Bank Nigeria Limited over the removal of the Managing Director/Chief Executive of the bank, Dr. Adesola Adeduntan, saying the action was without regulatory approval. The apex bank said the board’s move has “dire implications for the bank and also portends significant risks to the stability of the financial system.” The central bank stated this in a letter dated April 28, 2021, signed by its Director, Banking Supervision, Mr. Haruna Mustafa, and addressed to the bank’s Chairman, Mrs. Ibukun Awosika, a copy of which was obtained by THISDAY. CBN also demanded…

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The Bauchi State Government, has revoked the rehabilitation and expansion project of Kirfi General Hospital, awarded by the previous government. This followed an inspection visit, paid by Governor Bala Mohammed to the project site, in Kirfi Local Government Area of Bauchi State, over what the governor described as the non-chalant attitude by the contractor. Speaking after inspecting the project, the Bauchi State Commissioner For Health, Dr Aliyu Maigoro, who represented his governor, explained that the contract revocation for the rehabilitation and expansion of the Kirfi General Hospital followed the failure of the contractor to resume work, despite the collection of…

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The Katsina State Government, has increased its budget for the year 2021 by 25%, to Combat Malaria parasites in the state. The State Commissioner for Health, Yakubu Danja, who said this during a press briefing to mark this year’s World Malaria Day, added that Long Lasting Insecticide Mosquito Nets are also being distributed, to replace the old ones given out free three years ago. With this year’s rainy season finally settling in Katsina, Yakubu Danja, said that the state government will not relent in its efforts to fight the scourge. Danja explained that, government policy, included provision of testing and…

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A grassroots mobilize and chieftain of the Peoples Democratic Party (PDP), Alhaji Mustapha Sikirulai Adekunle, popularly known as Banana has enjoined Muslims in the country to use the period of the Ramadan fast to seek Allah’s intervention in the affairs of the country, especially in a period we are faced with security challenges. Banana, who is a top-notch politician from Ado Odo Ota local government of Ogun state, in his goodwill message to Muslims on the occasion of Ramadan, noted that Nigeria needs prayers to bring about peaceful living under the Buhari led administration. He urged Muslims to pray for…

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The last decade witnessed tremendous changes in the nation’s banking landscape. The number of bank customers have grown, agency banking has gained a foothold and cheques have given way to transfers, particularly through SMS banking and mobile apps. Debit cards, however, remained a constant feature during this period. Debit cards are financial instruments issued by commercial banks to their customers to enable seamless transaction outside the banking halls. Debit cards have proven reliable in banking and other financial transactions. It is today acknowledged as a viable tool in the quest to drive financial inclusion in Nigeria. Financial inclusion refers to…

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All is now set for the Ijaw National Congress executive elections on Friday, April 30, 2021, as the electoral committee saddled with the responsibility of handling the exercise says it has concluded the screening of candidates vying for the various elective positions. Chairman of the electoral committee, Professor Dagogo Fubara told journalists in Yenagoa that the committee has the next 48hours to entertain petitions from aggrieved aspirants. He assured that the electoral committee is committed to conducting a free, fair and credible exercise. The electoral committee for the Ijaw National Congress which was inaugurated last month by the Conference of…

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President Muhammadu Buhari is chairing the 43rd virtual meeting of the Federal Executive Council, FEC, at the First Lady Conference Room, Presidential Villa Abuja. Vice President, Yemi Osinbajo, Secretary to the Government of the Federation, Boss Mustapha and Chief of Staff to the President, Ibrahim Gambari are physically attending the meeting, which started at 10:00 am. Seven Ministers are physically attending the meeting. They include those of Information and Culture, Lai Mohammed, Finance, Zainab Ahmed, Justice, Abubakar Malami and Foreign Affairs, Geoffery Onyeama. Others are the Ministers of the Federal Capital Territory, Mohammed Bello, Minister of State Petroleum, Timipre Sylva,…

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Top Nigerian lender, Fidelity Bank Plc recorded a strong financial performance in the first quarter of 2021, posting appreciable growth in profits for the period ended 31 March 2021. Details of the unaudited results, released at the Nigerian Stock Exchange (NSE) show that Profit before Tax (PBT) grew by 53.9% from N6.6bn in 2020 to N10.1bn for the corresponding period of March 31, 2021. Similarly, Net revenue in the period increased by 13.4% from N30.3bn in Q1 2020 to N34.4bn in 2021, just as the bank recorded growth in other performance indices. Nneka Onyeali-Ikpe, MD/CEO of Fidelity Bank Plc commenting…

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