The naira volatility continued almost throughout last year in both the parallel and interbank markets. At the last trading day for the year last Thursday, the naira crashed  further against the dollar More »

Federal Government officially stops petrol subsidy

The Federal Government has officially ended the subsidy on premium motor spirit, popularly known as petrol. The latest Petroleum Products Pricing template, issued by the Petroleum Products Pricing Regulatory Agency does not More »

We won’t import food for school feeding scheme – FG

The Presidency on Sunday explained that the social intervention programmes of the Muhammadu Buhari administration, for which about half a trillion naira has been proposed in the 2016 budget, would not be More »

Lawyers to INEC: allow neutral workers to conduct Bayelsa rerun

Lawyers have said the Independent National Electoral Commission (INEC) will fail neutrality test if it allows those who conducted the December 5 “inconclusive” election in Bayelsa State to handle the rerun on More »

$2.1b arms contracts: EFCC detains top military officer

A top military officer has been detained in connection with the  $2.1billion arms deals. The officer was a technical aide to a former National Security Adviser(NSA), the late Gen. Owoye Azazi and More »

 

Vacancy at International Finance Corporation (IFC)

jobs (1)

The International Finance Corporation is an investor and advisor supporting sustainable economic growth in developing countries by making private sector investments, mobilizing capital in the international financial markets, and providing advisory services to businesses and governments.

IFC is recruiting an Operations Officer, Lighting Africa Program. This is a key position for the regional expansion of the program in Nigeria. The position is based in Lagos.

Naira loses 10% value

Naira-and-dollar-notes

The naira volatility continued almost throughout last year in both the parallel and interbank markets. At the last trading day for the year last Thursday, the naira crashed  further against the dollar while the stock index rose.

Naira closed on the interbank market at 199.50 to the dollar on Thursday, compared with 181.50 to the dollar a year ago, down 9.91 per cent at the official window. On the parallel market, the naira traded at 266 to the dollar, weaker by 39.26 per cent from 191 to the dollar at the close of last year.

Federal Government officially stops petrol subsidy

Fuel-dispenser-360x225

The Federal Government has officially ended the subsidy on premium motor spirit, popularly known as petrol. The latest Petroleum Products Pricing template, issued by the Petroleum Products Pricing Regulatory Agency does not contain the usual subsidy component.

The PPPRA is the government agency that regulates the prices of petroleum products in the country and its template has always offered insights into how the pricing of these products are determined by the regulators.

2016 Call Centre Agent Recruitment

jobs (1)

The MacTay Group is a leading consulting company with its sole aim to nurture and improve growth in people and establishments by offering strategic and operations consulting services.

Our focus has always been to maximize output, performance and excellence, and this can be attested to by the numerous brands we have worked with in West Africa.

We won’t import food for school feeding scheme – FG

Yemi-Osinbajo

The Presidency on Sunday explained that the social intervention programmes of the Muhammadu Buhari administration, for which about half a trillion naira has been proposed in the 2016 budget, would not be a one-off scheme.

The Senior Special Assistant on Media and Publicity to the Vice President, Mr. Laolu Akande, who stated this in a statement on Sunday, said the Federal Government would not import food for its school feeding programme.

Lawyers to INEC: allow neutral workers to conduct Bayelsa rerun

INEC-360x225

Lawyers have said the Independent National Electoral Commission (INEC) will fail neutrality test if it allows those who conducted the December 5 “inconclusive” election in Bayelsa State to handle the rerun on January 9.

The lawyers, who conducted legal clinic on Bayelsa election with civil society groups, said their findings revealed that the current composition of INEC in Bayelsa State would not guarantee a free and fair rerun.

$2.1b arms contracts: EFCC detains top military officer

EFCC-OPERATIVES

A top military officer has been detained in connection with the  $2.1billion arms deals.

The officer was a technical aide to a former National Security Adviser(NSA), the late Gen. Owoye Azazi and his successor, Col. Sambo Dasuki (rtd.).

The detention of the officer is said to have created anxiety among military chiefs who were involved in arms procurement.

Dozens dead in US Christmas storms

storms

At least 43 people have been killed over the past five days by severe storms across southern and western parts of the United States.

Flash floods, tornadoes and now snow have destroyed hundreds of homes and businesses and snarled transport links.

The National Weather Service has issued tornado warnings for Texas, Arkansas, Louisiana, Oklahoma and Mississippi.

APGA rejects Bello as Kogi gov-elect

Yahaya-Bello

The Kogi State chapter of the All Progressive Grand Alliance has added its voice to the growing demand for the rejection of Alhaji Yahaya Bello of the All Progressives Congress as the winner of the November 21 governorship election.

Consequently, its candidate in the election, Goodman Akwu, has approached the Kogi State Governorship Election Petitions Tribunal seeking to invalidate the Independent National Electoral Commission’s decision to declare Bello as the winner.

I’ve been stripped naked – Mother of twins killed by Policeman

Beatrice-and-sympathisers

Seventy-five-year-old Beatrice Oyesolu, the mother of twin brothers shot dead on Saturday by a trigger-happy policeman guarding Paulson Hotel on Anibaba Street, Ketu-Ikosi, Lagos, says the promises her children made to her had been shattered.

The septuagenarian said the children ─ Taiye, a naval officer and Kehinde, an engineer ─ had concluded plans to start building her a house next month before the tragedy struck.