February 29, 2016/Punch The Federal Government said on Sunday that the removal of 23,846 non-existing workers from its payroll had led to a monthly reduction of N2.29bn in its salary bill. It stated that through the ongoing Bank Verification Number-based staff audit and enrolment to the Integrated Payroll and Personnel […]
Frauds & Scandals
Forex scarcity: Banks in multi-million-dollar racketeering
February 13, 2016/Punch Commercial banks in the country are raking in millions of dollars from a foreign exchange racketeering which has been fuelled by the acute shortage of hard currency in the economy, investigation by the Saturday PUNCH has revealed. The Central Bank of Nigeria has been rationing forex to […]
NCC Says Yet to Receive MTN Payment
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Communications Commission (NCC) on Thursday said it’s yet to receive any payment from MTN Group following the fine slammed on the company, a Reuters report, quoted Tony Ojobo, spokesman for the Commission. This is coming on the heels of reports quoting MTN that […]
