Abia State News

Nigeria’s Aliko Dangote has retained his place as the richest man in Africa. He remained number one on the newly released Forbes’ list of African billionaires. He, however, lost almost $2bn compared to his last year’s worth. The list was released on Wednesday. Dangote’s estimated $10.3 billio…

Learn how to stay safe when using the Automated Teller Machine and your credit, debit and ATM cards. These tips will be useful to you, according to www. handsonbanking.org. At the ATM Think about your personal safety when using an ATM. This is because most ATMs give out cash and many accept de…

The three tiers of government have finally received the sum of N668.8bn as allocation for the month of May. This came after weeks of cold war over revenue underpayment by the Nigeria National Petroleum Corporation. The Director of Information in the Ministry of Finance, Mr Hassan Dodo confirmed…

Twenty-three states have yet to fully comply with the Contributory Pension Scheme established by the Pension Reform Act of 2004. This is contained in a document showing the status of implementation of the CPS by states obtained from the National Pension Commission. The CPS is an arrangement wh…

Late General Sani Abacha The Federal Government says it has received $322.51 million from the Swiss government as part of looted funds recovered from former Head of State, the late General Sani Abacha. Oluyinka Akintunde, the Special Adviser, Media and Communications to the Minister of Finance,…

…states warn NNPC against revenue underpayment Ifeanyi Onuba, Abuja The Federation Accounts Allocation Committee has resolved the crisis that made it impossible to share the statutory allocation for February on Tuesday to pave the way for the disbursement of funds to the three tiers of governm…

Despite Central Bank of Nigeria’s (CBN’s) effort to promote financial inclusion, the Nigeria Inter-Bank Settlement System (NIBSS) banking industry statistics shows that the number of customers using financial services reduced in 2017. The statistics obtained by the News Agency of Nigeria (NAN) …

Save Abia Now (SAN), the political pressure group, has called on Governor Dr Okezie Ik peazu, to disclose the financial position of the state amid fears he would use state coffers to pay back financiers of his election campaign. SAN Director for Media and Publicity, Kelechi Nkworie,…