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President Muhammadu Buhari yesterday appointed Dr. Williams Babatunde Fowler as the Executive Chairman of the Federal Inland Revenue Service (FIRS). This was announced in a statement issued by the Special Adviser on Media and Publicity, Femi Adesina. Fowler will serve as Acting Executive Chairman until his appointment is confirmed by the Senate. Before his appointment, Dr. Fowler was the Chief ...
August, 2015
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18 August
From 245 To 217 Again Dollar, Naira Raises Hope, Excites Nigerians
The naira appreciated against the United States dollar at the parallel market on Monday to 217, from 221 recorded on Friday. The naira rose on the back of weak demand for the dollar at the foreign exchange markets. Forex traders linked this to an improved dollar liquidity occasioned by the sustained sales of the greenback by the Central Bank of ...
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18 August
The 3 Reasons For Custom Chief Resignation Raises Suspicion. Probe Expected!
The resignation of the Comptroller General of Nigeria Custom Service, Alhaji Dikko Abdullahi with three reasons is believed by many to be an act to escape probe and move on before the probing officers of the law move in. The need to give younger officers a chance, software computer savvy officers to take charge and that he has done well ...
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15 August
Buhari Will Not Ask Media To “Kill” Any Story – Femi Adesina
Special Adviser to President Muhammadu Buhari on media and publicity, Femi Adesina has disclosed that the President will have no cause to want any story about his official assignment to be “killed.”Speaking at a dinner with executives and members of the Guild of Corporate Online Publishers (GOCOP) in Abuja on Thursday night, Adesina said that the first thing the President ...
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11 August
Ife Priests Declare Ooni’s Death Officially Tomorrow, Aug 12th
The Royal Rraditional Council of Ile-Ife in Osun State has officially confirmed the death of the Ooni of Ife, Okunade Sijuwade Olubuse II. This was after denying that the monarch had passed away. The Awara of Iwara-Ife, Layi Adereti, confirmed the death of Oba Sijuwade. Adereti spoke in Ife on the preparation for the burial of the Ooni, who died ...
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11 August
Expert Warns Against The Dangers Of CBN’s Policies
The Chief Economist, Standard Chartered Bank, Africa, Razia Khan, has cautioned that the recent foreign exchange policies introduced by the Central Bank of Nigeria (CBN) – the imposition of forex restrictions on imports and the requirement that clients’ demand for forex be pre-funded 48 hours ahead – were already fueling inflation, thereby making it difficult for the Federal Government to ...
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3 August
NAME & SHAME: Fidelity, Union, Other Banks List Debtors
Banks are exposing the businesses and people behind the mountain of debts threatening to kill the sector – courtesy of a Central Bank of Nigeria (CBN) directive that expired at the weekend. Barring unforeseen developments, some of the banks will begin the publication of their debtors’ list today. The publications are coming on the heels of the July 31, 2015 ...
July, 2015
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30 July
Access Bank’s Customers’ Trust Boosted With Moody’s First-Time Rating
Access Bank Plc, (Bloomberg: ACCESS NL; Thomson Reuters: ACCESS.LG) (“Access Bank” or the “Bank”), a leading full service commercial bank with headquarters in Nigeria, and operations across major cities and commercial centres in Sub-Saharan Africa, the UK and China, today announces its first-time credit rating by Moody’s Investors Service. Moody’s, a top three global leading rating agency, has assigned first-time ...
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29 July
10 Things You Didnt Know About The Late Ooni Of Ife
1. He was born on January 1, 1930 in Ile-Ife to the Ogboru ruling house, grandson of the Ooni Sijuwade Adelekan Olubuse I. 2. He became the fiftieth traditional ruler, Ooni of Ife, on 6 December 1980. 3. He studied at Abeokuta Grammar School and Oduduwa College in Ile-Ife. 4. He worked for three years in his father’s business, then for two years with the Nigerian Tribune 5. He ...
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10 July
Buhari, Osibajo Lead By Example, Cut Own Salary By 50%
President Muhammadu Buhari will only receive 50% of the salary paid to his predecessor The President’s decision to take a 50% pay cut according to a statement by the Special Assistant to the President (Media & Publicity), Garba Shehu, was conveyed to the Office of the Secretary to the Government of the Federation on Friday by the Permanent Secretary of ...
