The Senate, on Wednesday, declared the embattled Comptroller-General of Nigerian Customs Service (NCS), Col. Hameed Ali (retd.), unfit to hold any public office. It also called for his resignation and cancellation of the retrospective policy on duties for vehicles. The Senate made the declaration after the Customs CG failed to appear before it. The clerk […]
Background The Monetary Policy Committee met on the 20th and 21st of March, 2017, against the backdrop of persistent uncertainty in the global economy, stemming from economic and socio-political developments around the world. On the domestic front, while the Q4 2016 GDP figure was better than the last two consecutive quarters, the economy remained […]
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have succeeded in halting an attempt by Etisalat’s creditors to take over the company. A statement by the spokesman for NCC, Tony Ojobo, said reprieve came for the mobile network operator during a meeting held on Friday. According to the statement, receivership was […]