AUGUST 16th 2017
- Hits: 105
Forex: CBN Takes Further Step to Crash Parallel Market Rate
As part of efforts to further strengthen the value of the Naira on the parallel market segment of the foreign exchange (forex) market, the Central Bank of Nigeria (CBN) has directed that payments for port charges to the Nigerian Ports Authority (NPA) and Nigerian Maritime Administration and Safety Agency (NIMASA) by oil marketing companies should henceforth be accommodated in the official forex window.
Details In This Day Newspaper Page 1
W’Bank, AfDB, Others Give TCN $1.6bn Lifeline to Restart Key Projects
The Transmission Company of Nigeria (TCN) has disclosed that it has secured about $1.55 billion from five multilateral agencies to revive works on some of its key transmission projects, as well as expand the transmission grid.
Details In This Day Newspaper Page 21
FG Receives 365 Actionable Tips from Whistleblowers
The federal government has received 365 actionable tips from members of the public since the Whistleblower Policy was launched in December 2016, the Minister of Finance, Mrs. Kemi Adeosun, disclosed Tuesday.
Details In Newspaper Page 10
Tax harmonisation crucial for business survival —Adeyemi
Our aim was to improve the environment where our entrepreneurs and other companies in the country operate. One of the things we found out was that even though some of these entrepreneurs have great ideas, do everything right, have up-to-date financial records; in the end, the person can only rise as much as the business environment allows.
Details In Punch Newspaper Page 29
Whistleblower: 5000 tips received, N11bn recovered – Adeosun
The Minister of Finance, Kemi Adeosun, has said that the Federal Government recovered N11.6 billion so far from the tips they received since the Whistleblower Policy was launched in December 2016.
Details In Daily Trust Newspaper Page 13
FG secures $1.5bn fund for power transmission
The Transmission Company of Nigeria (TCN) said it has secured $1.55 billion from multilateral agencies to revive some critical projects and expand the transmission grid.
Details In Daily Trust Newspaper
Ben Bem Goong
Ag. Director Information