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Dollar Continues To Crash As CBN Policies Affect BDC Operators

Daily Dispatch March 23, 2017

The Central Bank of Nigeria’s (CBN) recent policies in the forex market which has been applauded by a lot of Nigerians has translated into woes for black market currency traders who have seen their customers dropped drastically. According to Leadership, Godwin Emefiele who is the governor of

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Six Lawyers Drag Buhari To Court Over James Ocholi

Daily Dispatch March 23, 2017

Six legal practitioners have dragged President Muhammadu Buhari to court for failing to appoint a replacement for the late Minister of State for Labour and Productivity, James Ocholi. The lawyers are: Felix Okolo, Femi Victor Motojesi, Samuel Ogala, Dickson Enema, David Adegbe and Titilope Akerejola. In a suit filed at the Federal High Court, Lokoja […]

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US identifies 10 airports targeted by terrorists

Daily Dispatch March 22, 2017

The United States Government on Wednesday announced its readiness to enhance security procedures for passengers at certain points of departure airports to the US. The US Department of State said in a statement that the enhancements would apply to Queen Alia International Airport, Cairo International Airport, Ataturk International Airport and the King Abdul-Aziz

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FG Blacklist 25 Oil Marketers

Daily Dispatch March 21, 2017

The Petroleum Equalization Fund (Management) Board has blacklisted 25 oil marketers for defrauding the Nigerian Government. The fund, however, has not revealed names of the affected marketers. PEF listed theirs offences as changing of truck heads without getting clearance from the agency, tampering with tags affixed on trucks as well as presentation of trucks with […]

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President Buhari to inaugurate all-inclusive committee over N56,000 minimum wage demand

Daily Dispatch March 20, 2017

The Minister of Labour and Employment said President Muhammadu Buhari will soon approve the setting up of a 29-man committee to engage organised labour in negotiating a new national minimum wage for workers. According to him, the committee’s report will be subjected to the scrutiny of the National Assembly before government’s implementation. Recall that organised […]

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EFCC To Commence Prosecution Of 22 Former Governor For Allegedly Laundering N201.13bn

Daily Dispatch March 18, 2017

Twenty-two former governors in Nigeria are currently battling to save their heads from the clip of the Economic and Financial Crimes Commission (EFCC) over alleged embezzlement of funds. The south-south zonal head of the EFCC, Ishaq Salihu, recently said that the anti-graft agency would commence a new probe of the former governors. Some of these […]