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Kuda loses billion of naira

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NAIJA NEWS: Kuda loses billion of naira [New Naija News] » Naijacrawl
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According to reports, the Nigerian fintech bank at the end of the 2021 financial year, Kuda Bank recorded a loss of ₦6,092,554,866 ($14,214,681), a 602% rise from the ₦868,062,000 ($2,025,295) loss it made in 2020, according to the financial report.



It will be recalled that the bank has now start deducting bank stamp duty on amounts from 10,000 and above

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Piroll
 

Piroll is a creative writer, social-political commentator, socio-researcher, and sports analyst. He holds certificates in media management and data journalism from the Thomas Foundation Institute of Journalism. He works as a... Read More

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Wike Used Over A Billion Naira to Repair Abandoned Aircraft

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NAIJA NEWS: Wike Used Over A Billion Naira to Repair Abandoned Aircraft [New Naija News] » Naijacrawl
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The state Governor, Nyesom Wike has said he has retrieved & repaired an abandoned aircraft owned by the state government. According to the government, the aircraft was abandoned in Germany by Rotimi Amachi ten years ago and the state government has spent over a billion naira to repair the aircraft. Wike made this disclosure said it was unconscionable for the immediate past administration to have “surreptitiously” taken a state-owned asset to Germany and abandoned sa...
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Oyo Governor Sets To Build New Multiple Billion Naira Governor's Lodge In Abuja

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NAIJA NEWS: Oyo Governor Sets To Build New Multiple Billion Naira Governor's Lodge In Abuja [New Naija News] » Naijacrawl
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The Oyo state Governor; Mr Seyi Makinde, along with the state government’s executive council, has approved N1.2 billion to construct a new lodge in Abuja for the incumbent and successive governors.The Commissioner of Public Works and Infrastructure, Daud Sangodoyin, disclosed that the council approved N1.2 billion to construct a new Governor’s Lodge at No 2. John Kadiya Close, Asokoro, Abuja.Mr Sangodoyin further revealed that the new lodge would provide apartments...
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Federal, States And Local Governments Shared 606 Billion Naira In April

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NEWS: Federal, States And Local Governments Shared 606 Billion Naira In April [New Naija News] » Naijacrawl
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Despite experiencing an unstable income in the month of April as a result of the coronavirus pandemic in the country the Federation Accounts Allocation Committee (FAAC) has shared N 606. 196 billion to the three tiers of government for the month of April .Director of Information in the Ministry of Finance , Budget and National Planning , Mr Hassan Dodo, made this known in a statement in Abuja on Friday.Dodo said the meeting , which held by virtual , was chaired by t...
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