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Category: Economy

Economy

Winners Chapel gets N35m of NIMASA slush fund

Iheanyi Ejiofor February 17, 2017 headline

Agency report A Federal High Court in Lagos today heard how Winners Chapel, a church owned by Pastor David Oyedepo got N35million out of the N19.7billion stolen from the accounts…

Read More Winners Chapel gets N35m of NIMASA slush fund
Economy Uncategorized

We do not sell forex to bank customers- CBN

Iheanyi Ejiofor February 16, 2017 headline

Chidi Samuel For the second time in as many months, the Central Bank of Nigeria (CBN) were compelled to disclose to Nigerians, that it does not sell forex to individuals.…

Read More We do not sell forex to bank customers- CBN
Economy

Why we blocked Ekiti funds – FG

Iheanyi Ejiofor February 16, 2017 headline

Ebun Francs Following the visit of Ekiti State Governor, Ayo Fayose to the Ministry of Finance yesterday to demand the release of the State’s  January allocation from the Budget Support…

Read More Why we blocked Ekiti funds – FG
Economy

(Updated) Court orders final seizure of Diezani’s $153m

Iheanyi Ejiofor February 16, 2017 headline

A federal high court sitting in Lagos, presided over by Justice Muslim Hassan, has ordered the final forfeiture of $153 million allegedly linked to Diezani Alison-Madueke, former minister of petroleum. In…

Read More (Updated) Court orders final seizure of Diezani’s $153m
Economy

CBN released $2.8bn to manufacturers, others in two months

Iheanyi Ejiofor February 16, 2017 headline

Chidi Samuel In its efforts to ensure  that manufacturers of goods for which Nigeria does not enjoy comparative advantage were able to get letters of credit to import the required…

Read More CBN released $2.8bn to manufacturers, others in two months

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