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Naira drops to 218 as dollar demand rises




Oyetunji Abioye, (Punch) - The naira dropped on Monday by 2.3 per cent to 218 against the dollar at the parallel market. The greenback was sold for 213 at the black market on Friday. Foreign exchange traders linked the development to huge demand for the dollar by importers, politicians and investors.

 

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EFCC sets up four-man panel to investigate the activities of Diezani Alison-Madueke, Jonathan's Minister of Petroleum and confidant




Staff, (Punch) - The EFCC has commenced a full investigation into the activities of the immediate past Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, and the Nigerian National Petroleum Corporation.

Jonathan, Diezani face probe over $6.9m campaign stages




Olalekan Adetayo, (Punch) - The ongoing probe of the immediate past administration by President Muhammadu Buhari is to beam its searchlight on the alleged purchase of three mobile stages, costing $6.9m, by former President Goodluck Jonathan and two of his officials, a Presidency source has said.

Emerging true colors: APC leaders angry as Buhari appoints more northerners




Staff, (Punch) - THERE was an outrage in the ruling All Progressives Congress on Thursday over the announcement of new appointments by President Muhammadu Buhari.

Emerging true colors: APC leaders angry as Buhari appoints more northerners




Staff, (Punch) - THERE was an outrage in the ruling All Progressives Congress on Thursday over the announcement of new appointments by President Muhammadu Buhari.

Senate, House of Reps okay pay cut • Say it is 'disgusting' to hear Nigerians call their legislators 'looters' and 'thieves'




Staff, (Punch) - Members of the National Assembly on Wednesday said they welcomed the decision of the Revenue Mobilisation Allocation and Fiscal Commission to review downward the salaries and allowances of members of the National Assembly.

FG to slash Federal lawmakers’ salaries




Levinus Nwabughiogu, (Vanguard) - Chairman of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), Mr. Elias Mbam, disclosed yesterday that the Commission had started the process of trimming down the pay packages of the President, Senators, members of the House of Reps, govs and all the elected public officials to reflect current economic realities.

Looters' Special Court: Nominee-judges fail integrity test




Lanre Adewole, (Nigerian Tribune) - MAJORITY of the judges nominated for probable appointment as heads of the proposed anti-corruption specialised courts failed the integrity test being conducted by security agencies, Nigerian Tribune learnt on Sunday evening.