Breaking News: Naira Drops, As BVN Paralyses Forex Market

Activities at the retail segment of the official foreign exchange market were grounded, yesterday, as end users avoided bureaux de change (BDCs), to avoid submitting their Biometric Verification Number (BVN) for foreign exchange transactions.

This, however, resulted in sharp increase in demand for dollars at the black market, prompting the naira to depreciate to N230 per dollar from N225. Cartoon

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FG To Pay Oil Marketers N413bn Subsidy Debts

The Federal Government, yesterday, approved the payment of N413 billion to petroleum products marketers being the outstanding payment for subsidy claims‎, even as marketers insist they are owed about N470billion.

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Jobs - Programme Officer Needed At Publish What You Pay (PWYP)

Employer: Publish What You Pay (PWYP)

The Company
Publish What You Pay (PWYP) is a global network of civil society organisations that are united in their call for an open and accountable extractive industry in order for the revenues to help improve the lives of women, men and youth in resource-rich countries.

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SURE-P: Senate Asks President Buhari To Probe Jonathan

Citing  mismanagement of funds, the Senate, yesterday, asked President Muhammadu Buhari to begin immediate probe of his predecessor, Dr Goodluck Jonathan, in his handling of the Subsidy Re-investment and Empowerment Programme, SURE-P.

The red chamber said it was imperative that President Buhari ask his predecessor to account for every penny spent during the latter‘s administration on the SURE-P and other poverty alleviation programmes.

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Rivers Gov Poll: Wike Asks A-Court to Set Aside Tribunal Judgment

Governor Nyesom Wike of Rivers State, yesterday, went before the Court of Appeal in Abuja, to challenge the judgement of the state’s Governorship Election Petition Tribunal, that nullified the outcome of the  April 11 governorship poll that  brought him to power.

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Breaking News: Saraki Unveils Chairmen Of 65 Standing Cittees

Saraki Unveils Chairmen Of 65 Standing Cittees

 

Sanate President Bukola Saraki,yesterday, in a move calculated to assuage the demands of the various tendencies in the Senate unveiled chairmen and deputy chairmen of the 65 standing committees.

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