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By admin On 7 Sep, 2018 At 03:28 AM | Categorized As Economy | With 0 Comments

Contrary to speculation in some quarters that the Central Bank of Nigeria (CBN) might soften the sanctions it imposed on four banks for helping MTN Nigeria Communications Limited illegally repatriate funds, the apex bank has debited the lenders’ ac-counts with the huge fines it slammed on them for the violation, New Telegraph learnt yesterday The […]


By admin On 4 Sep, 2018 At 02:39 AM | Categorized As Economy | With 0 Comments

The Nigerian Customs Service, Federal Operations Unit, (FOU), Zone A Ikeja over the weekend intercepted N1.5 billion worth of petroleum products on the verge of being smuggled out of the country to Benin Republic. The petroleum product sandwiched in about 12 wooden speed boats had about 50,000 Jerry cans set to be smuggled from Ijofin […]


By admin On 4 Sep, 2018 At 02:50 AM | Categorized As Economy | With 0 Comments

The story of oil in Nigeria will be incomplete without a highlight of the role played by what is today geographically known as Imo State. Shell Camp in the State capital, Owerri, is a testimony to the fact that the state hosted oil exploration activities at some point before it was terminated with the onset […]


By admin On 4 Sep, 2018 At 02:23 AM | Categorized As Economy | With 0 Comments

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, on Monday allayed concerns over the sanctions meted out on MTN Nigeria and any worry by foreign investors on the integrity of Certificates of Capital Importation (CCIs) already issued. Emefiele, who spoke to THISDAY in China, assured the investment community, both local and international, as […]


By admin On 8 Jun, 2018 At 04:46 PM | Categorized As Economy | With 0 Comments

CLEEN Foundation with the generous support of Trust Africa, recently organised a Capacity Building Workshop for Security Operatives and stakeholders in a bid to fight corruption in Nigeria and Africa as a whole. In a speech delivered by the COO and Director Institutional Support, Mr. Peter Maduoma, this Capacity Building workshop is one of a […]


By admin On 13 Jan, 2018 At 01:31 AM | Categorized As Economy | With 0 Comments

The Central Bank of Nigeria (CBN) has injected $262.5 million in its first retail Secondary Market Intervention Sales (SMIS) for the year under the inter-bank Foreign Exchange Market. Data received from the CBN yesterday revealed that the amount was in favour of the agricultural, airlines, petroleum products and raw materials and machinery sectors. The Acting […]


By admin On 7 Jul, 2017 At 12:18 AM | Categorized As Economy | With 0 Comments

Overview The success of the CaTSS project depends largely on accurate, complete and timely reporting of achievements to PEPFAR/USAID. Achievement of set targets is of utmost importance. Hence, the objective of the M&E Specialist position is to provide technical leadership in the roll-out of CaTSS M&E plan in the states integrating it with other health systems and […]


By admin On 19 Apr, 2017 At 02:45 PM | Categorized As Economy | With 0 Comments

Pathfinder International, as Sub-Recipient (SR) has signed a grant for the period ending December 2017 with the Principal Recipient (PR), Family Health International (FHI360) funded by the Global Fund. Pathfinder will support comprehensive HIV services in areas, namely Anti-Retroviral Treatment (ART), Prevention of Mother-to-Child Transmission (PMTCT) programming, HIV Counseling and Testing (HCT), and Integration of HIV […]


By admin On 21 Mar, 2017 At 01:44 AM | Categorized As Economy | With 0 Comments

Following a meeting with G20 finance ministers and central bank governors, World Bank Group President Jim Yong Kim yesterday announced a record $57 billion in financing for Nigeria and other Sub-Saharan African countries over the next three fiscal years. The bulk of the financing – $45 billion – will come from the International Development Association […]


By admin On 8 Mar, 2017 At 01:23 AM | Categorized As Economy | With 0 Comments

A housewife, Rasidat Odubonojo, told an Idi Ogungun Customary Court at Agodi, Ibadan, that her estranged husband, has no respect for elders, after Babatunde, her husband asked the court to dissolve his 3 year marriage to her. His reason was that his mother-in-law was seeking to control his matrimonial home. Babatunde also said that his […]


By admin On 1 Feb, 2017 At 01:09 AM | Categorized As Economy | With 0 Comments

Nigeria’s external reserves rose to a 10-month high of $27.88 billion as at January 26, 2017, according to latest data by the Central Bank of Nigeria (CBN). This is just as the gap between the interbank and parallel end of the foreign exchange market continued to widen. The country’s external reserves rose 8.39 percent to […]