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Author Archives: Dotun Roy

Forex: CBN pumps $210m into Inter-Bank Market!

In continuation of its periodic intervention in the foreign exchange market, the Central Bank of Nigeria (CBN) on Tuesday injected another sum of $210 million into the inter-bank foreign exchange market. Figures released by the CBN indicated that authorised dealers in the wholesale segment of the market received the sum of $100 million, while the Small and Medium Enterprises (SMEs) ...

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Nigeria is still amongst the top corrupt nations – Transparency Int’l

Nigeria is still perceived as a country deep in corruption without clear policies to address the menace, according to Transparency International. President Buhari The anti-corruption agency released its 2018 Corruptions Perceptions Index, CPI, yesterday, explaining that Nigeria has “neither improved nor progressed in the perception of corruption in the public administration in 2018.” It stated that  “Nigeria scored 27 out of ...

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“As a Nation, Nigeria loses about 197 billion to fraud annually” – Osinbajo

AThe Vice President, Prof. Yemi Osinbajo  says Nigeria loses about N197 billion as cost of financial services fraud annually. The Vice President made the observation on Tuesday  at the stakeholders forum on financial fraud using telecoms platform organised by the Nigerian Communications Commission, NCC in collaboration with the Central Bank of Nigeria, CBN. Osinbajo, who was represented at the event ...

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NJC asks Onnoghen to respond to petitions in seven days

In an effort to resolve the financial indictment levelled against the Hon. Mr Justice Onnoghen which led to his forceful ejection from the office, National Judicial Council (NJC) has held an Emergency meeting which took place yesterday, 29th January, 2019. According to the Press Statement signed by Soji Esquire stated that the emergency meeting ended while NJC asking Mr. Justice ...

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Sunday Breakthrough Service with Prophet Jeremiah Omoto Fufeyin LIVE IN LAGOS!

By Theresa Moses The General Overseer of Christ Mercyland Deliverance Ministry, Warri, Delta State, Prophet Jeremiah Omoto Fufeyin, will be live in Lagos on Sunday, 27th January, 2019 at 120, Adeniyi Jones Avenue, Ikeja, (Inside Glonik Hotel) by Vulcanizer bus stop. Time: 7am. The Tireless General said the sunday breakthrough service  will records miracles and healings like never before. Prophet ...

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NBA Summons An Emergency NEC Meeting Over Onoghen’s Suspension!

The NBA Statutory NEC Members are to hold an emergency meeting over the suspension of the Chief Justice of Nigeria, Honourable Justice Walter Onnoghen, by the President of Nigeria, Muhammadu Buhari. The Notice which was dated the 25th day of January, 2019, and disclosed to TheNigerialawyer (TNL), is fixed to hold at the NBA auditorium, NBA House, Plot 1101 Muhamadu ...

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MTN Nigeria to be listed on the Nigerian Stock Exchange this Year!

The Chief Executive Officer of MTN Group, Rob Shuter has disclosed that its Nigerian subsidiary, MTN Nigeria will be listed on the Nigeria Stock Exchange (NSE) before the end of this year. He made this known in an interview with CNBC Africa on the sidelines of the World Economic Forum taking place in Davos, Switzerland. This revelation may be a confirmation of a ...

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Nigerian Army seeks ways to strengthen relationship with the Media in combating insurgency

Nigeria Army is currently working to further strengthen the working relationship between its personnel and the Media in order to effectively combat all forms of insurgency and terrorism in the country thereby enhancing Nigeria’s national security. This development was made known at a 2 day Media Conference organised by the Nigerian Army bringing together prominent media organisations and platforms and ...

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Former IGP Idris to be quizzed over N311m Election Fund

Mohammed Adamu, acting Inspector-General of Police (IGP), was said to have, on Thursday, asked members of an election committee set up by immediate past IGP Ibrahim Idris to explain how about N311.640 million given to the committee was disbursed, according to Daily Independent report. Force Headquarters sources hinted that some of the committee members reported and were interrogated, but were ...

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Ezekwesili reacts to the false allegations by ACPN Party Chairman

Former ACPN Presidential Candidate, Oby Ezekwesili has reacted to the false allegations raised against her by her former Party, ACPN Chairman on grounds that campaign donations were made for her. Ezekwesili considered such accusations as mere falsehoods. And that only those who desperately wish to believe falsehoods would lend any credence to such puerile accusations by the leadership of ACPN. ...

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