Find the latest bookmaker offers available across all uk gambling sites www.bets.zone Read the reviews and compare sites to quickly discover the perfect account for you.

Business

CBN forex intervention hits $43.5bn in 15 months

The apex bank attitude of boosting liquidity in the foreign exchange market has cost CBN whopping amount. In the last 15-month period covering October 2018 and December last year, the Central Bank of Nigeria injected over $43.52bn to defend the nation’s currency in the foreign exchange market. The CBN usually intervenes in the foreign exchange market by injecting liquidity about ...

Read More »

NEITI reveals why IGR, Borrowing, inevitable for States’ budget implementation

Recurrent expenditure of 21 states is higher than than their disbursements from the federation accounts allocation committee FAAC allocations ! A new report published by the Nigeria Extractive Industries Transparency Initiative (NEITI) has shown . According to a statement signed by Orji Ogbonnaya Orji (pictured), NEITI’s director of communications and advocacy, a total of N8.15 trillion was shared among the ...

Read More »

Stock Exchange goes public ..key benefits

The Nigerian Stock Exchange (NSE) will change from a member-owned mutual company limited by guarantee to a public limited liability company with authorised share capital of 2.5 billion ordinary shares, with about two billion expected to be issued in the immediate period of the conversion. The scheme of arrangement for the demutualisation of the NSE indicated that the NSE will ...

Read More »

A peep into Amotekun operation manual..all you need to know

Operational guideline of the Southwest security outfit, Operation Amotekun, has emerged. According to the draft bill for the security outfit which is before state legislatures, obtained by The Nation, a governing board with sweeping powers will oversee the security outfit in each of the states. But the day-to-day activity will be run by the Amotekun corps commander, to be appointed ...

Read More »

Conflict rocks Ohanaeze Ndigbo, sec gen,youth leader sacked !

The highest Igbo socio-cultural organisation, the Ohanaeze Ndigbo, on Tuesday expelled its Secretary-General, Uche Okwukwu. It also sacked former youth wing president, Okechukwu Isiguzoro. National Publicity Secretary, Uche Achi-Okpaga, said in a statement that the duo’s expulsion was endorsed by ‘Imeobi’, Ohanaeze Ndigbo highest decision-making organ. The statement reads: “The highest decision making organ of Ohanaeze Ndigbo, the Imeobi, has ...

Read More »

CBN approves six firms for milk importation, bars others

The Central Bank of Nigeria has given approval to six dairy companies to import milk into the country. The move is part of efforts aimed at bridging the supply gap of the product as the government pursues its backward integration strategy to make the country self-sufficient in milk production. The development was confirmed in a circular issued by the CBN ...

Read More »

FCMB to sponsor schoolgirl who used ATM light to do homework

First City Monument Bank (FCMB) in Ondo has announced plans to support Dele, a hardworking schoolgirl who was captured doing her homework using the Automated Teller Machine (ATM) gallery light of the bank. A concerned Twitter user, Bada Matthew, who apparently went to the bank to make some transactions, spotted Dele squatting on a staircase close to the ATM, as ...

Read More »

Again, CBN injects $210m into Forex Market

In what critics refer to as unnatural, the Central Bank of Nigeria (CBN) has injected another sum of 210 million dollars into the inter-bank Foreign Exchange Market to boost liquidity in the sector. Authorised dealers in the wholesale segment of the market received the sum of 100 million dollars, while the Small and Medium Enterprises segment received the sum of ...

Read More »

EFCC discovers 100 accounts having N383 Billion traced to T.An Orji and his son

The Economic and Financial Crimes Commission is out to investigate the former governor of Abia State, Theodore Orji. The EFCC has finally decided to investigate the petition it received since 2017 that the total sum of N 383 Billion was received by the former governor from both federal account, excess crude account, ecological fund, Sure P and many more. The ...

Read More »

Why VAT was increased, ..Nigeria earned N1.17tn from VAT in 2019

The inability of the government to raise the much needed revenue to finance its operation was one of the reasons for the increase in the Value Added Tax from five per cent to 7.5 per cent. The 7.5 per cent VAT rate, which the government started implementing on February 1 is being planned to generate about N2.08tn revenue in the ...

Read More »