South African telecommunications firm, MTN, has reached an agreement with the Central Bank of Nigeria (CBN) to resolve the dispute over illegal transfer of $8.1 billion out of Nigeria, its major market. MTN Group, which announced this via its Twitter handle, disclosed that it made a N19 billion ($53m) payment and is “engaging with banks regarding the agreement.” The company, ...

By Theresa Moses The General Overseer of Christ Mercyland Deliverance Ministry, Warri, Delta State, Prophet Jeremiah Omoto Fufeyin gifts #30 million naira to workers of the vineyard of God and admonished Nigerians to use the occassion of this year’s christmas to offer special prayer and praise to God in appreciation of a better Nigeria. “We need to do good in ...

Nigerian Education sector has lost yet another enigmatic Professor, Educator and Cultural enthusiast, Professor Sophie Oluwole who passed on the great beyond on the 24th December 2018. Oluwole became first popularly acclaimed female Ifa theologian called “Mamalawo” having become an expert in Ifa philosophy and science and the custodian of Yoruba history. Reacting to her death, several Nigerians of Yoruba ...

Dotunroy.com, a development news website, committed to churning out social development and Sustainable development stories across Africa has taken time out to celebrate its esteemed readers, fans and clients across the continent as they celebrate Christmas and New Year Holidays this season. Read the Message below: Feliz Navidad! We gladly express our deep appreciation to all our esteemed readers, clients ...

ONE of the fallout of the cashless policy and rapid deployment of electronic payment channels is online payment. Online payment is the use of internet based platforms to pay for goods and services. According to the Nigeria Interbank Settlement System (NIBSS), Nigerians made 33.43 million transactions worth N183.07 billion via the internet from January to September this year. Internet money ...

The Socio-Economic Rights and Accountability Project, SERAP, says it has filed a lawsuit asking the Federal High Court in Lagos to stop the Senate President, Bukola Saraki, from paying former Plateau State Governor, Joshua Dariye a sum of N14.2 million monthly allowances while he serves out his 10-year prison sentence for corruption. SERAP says it filed the suit because it ...

Miffed by the country’s current unemployment rate and abysmal economic growth, the Federal Government has been urged by experts to focus on factors that can hasten economic development and save Nigeria’s future generations. Speaking at the maiden inaugural lecture and launch of Dr. Michael Abiodun Adedeji Foundation in Lagos, they identified the country’s education system, leadership, and unfavourable environment for ...

Vice Presidential candidate of Peoples Democratic Party, PDP, Mr Peter Obi, said, weekend, that Nigeria’s economy will keep “bleeding” if President Muhammadu Buhari remains in power for another four years. Speaking in Lagos on Saturday, Obi made reference to the 2019 budget President Buhari presented to the National Assembly on Wednesday. According to him, Nigeria will not survive if the ...

Labour leaders have rejected plans by the Federal Government to set up another high-powered technical committee on the new national minimum wage. Leaders of the union comprising the Nigeria Labour Congress (NLC), Trade Union Congress (TUC) and the United Labour Congress (ULC) stated this in a communiqué jointly signed at the end of a national leadership meeting of organised labour ...

The presidency yesterday said the Federal Government would take necessary action after analysing the Amnesty International’s damning allegations against President Muhammadu Buhari-led administration. Amnesty International, which campaigns to end abuses of human rights, had recently expressed concern over sundry misdemeanors by the government. The report alleged deadly conflicts between farmers and cattle herders in central Nigeria over land and natural ...