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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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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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Edo Has Expended Over A Billion Naira In Fight Against Coronavirus - Gov. Obaseki

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NEWS: Edo Has Expended Over A Billion Naira In Fight Against Coronavirus - Gov. Obaseki [New Naija News] » Naijacrawl
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The Edo state Governor, Governor Obaseki during a life briefing by the state response team on the coronavirus outbreak in the state yesterday said that the state has spent over a billion in order to curb the exponential spreading of the virus in the state and also to make some necessary equipment available.In the Governor's statement he said :“The government of Edo State is leading this battle from the front. We have already spent over N1billion of our limited resou...
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