TOKYO (Reuters) – The U.S. Federal Bureau of Investigation is probing the massive advisory fee paid by Japan’s Olympus Corp in its takeover of a British company, a media report said, as the firm’s shares continued to slide over the scandal. The Japanese camera and endoscope maker abruptly dismissed its […]
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Projects: Lagos pays N3.65bn compensation to property owners
The Lagos State Government has so far paid N3.65bn as compensation to individuals whose properties were acquired for various public projects from 2010 till now. The Director, Land Services, Lands Bureau, Mr. Babatunde Oyegbola, disclosed on this on Wednesday during an interview with our correspondent. He said, “In 2010, part […]
Naira: CBN begins direct dollar sales at inter-bank market
The Central Bank of Nigeria has commenced the direct sale of United States dollars at the inter-bank market. According to the apex bank, the direct sale of forex to authorised dealers took effect from Friday. It explained that the initiative was aimed at stabilising the naira. The bank said it […]

