LEAD STORY 1

China Donates $5m To Provide Food For IDPs In Northeast

Daily Dispatch May 8, 2017

The Chinese Government has committed $5m to boost the humanitarian support of World Food Programme to Internally Displaced Persons in the northeastern part of Nigeria. The Chinese Ambassador to Nigeria, Zhou Pingjian, made this known on Monday during the presentation of 4.3 metric tonnes of

BUSINESS

CBN pumps $81.2m for BTA, PTA, tuition fees, SMEs segments

Daily Dispatch May 8, 2017

Following last Friday’s injection of $389 million into the retail segment of the forex market, the Central Bank of Nigeria on Monday intervened with $81.2 million in the invisibles and Small and Medium Enterprises segments. A breakdown of the interventions indicated that the Bank provided $44 million to meet customers’ requests for invisibles such as […]

NEWS

Sokoto State Attorney General Has No Right To Take over EFCC’s Case

Daily Dispatch May 8, 2017

Barely a week after a controversial ruling by Justice Idrissa Kolo of the Federal High Court sitting in Sokoto which authorised the Attorney General, AG, of Sokoto State to take over the prosecution of the case of Mohammed Bello, a serving Commissioner in the state and former Permanent Secretary of Local Government and Chieftaincy Affairs […]

TOP STORIES

Seized $43 million: Why Wike, Fani-Kayode, others must not go scot-free – Amaechi

Daily Dispatch May 8, 2017

The Minister of Transportation, Rotimi Amaechi, has lashed out at the Rivers State Governor, Nyesom Wike for linking the $43m recently discovered by the Economic and Financial Crimes Commission, EFCC, in an Ikoyi apartment to him. Recall that Wike had claimed that the huge sum allegedly uncovered by the anti-graft agency was owned by his […]

NEWS

UN Repatriate 62, 372 Somali Reugees from Dadaab

Daily Dispatch May 8, 2017

The United Nations (UN) refugee agency on Monday disclosed it had repatriated some 62,372 Somali refugees from Dadaab camp in northeast Kenya since the return exercise begun in December 2014. According to the UNHCR, some 23,058 refugees out of 62,372 returned in 2017 as the UN refugee agency steps up returns to the Horn of […]

TOP STORIES

Fashola scolds DisCos, says poor remittance nearly collapsed sector

Daily Dispatch May 8, 2017

The Minister of Power, Works and Housing, Babatunde Fashola, has scolded the Distribution Companies (DisCos) saying their poor remittance nearly collapsed power generation before the N701.9 billion intervention fund from the Central Bank of Nigeria (CBN). Daily Trust report. Fashola said this on Monday at the 15th monthly meeting of power sector operators at the […]