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Oyetunji Abioye The International Monetary Fund on Thursday urged the Federal Government to lift the remaining foreign exchange restrictions and scrap the system of multiple exchange rates in order to revive the Nigerian economy. The recommendation came in the Washington-based fund’s regular assessment of Nigeria’s economy. The report came on ...

Oyetunji Abioye and Ifeanyi Onuba The Central Bank of Nigeria on Thursday said it would from next Monday begin the sale of foreign exchange to Bureau De Change operators twice weekly. The Acting Director, Corporate Communications Department, CBN, Mr. Isaac Okoroafor, who confirmed this, stated that the move was part ...

Ifeanyi Onuba, Abuja The Federal Government on Thursday extended the implementation of the capital component of the 2016 budget from March 31 to May 5, or till the passage of the 2017 budget, whichever is earliest. The Ministry of Finance said in a statement that already, the Accountant-General of the ...

Punch Editorial Board A controversial armoured vehicle bought by the Senate, but seized by the Nigeria Customs Service for evading correct duty payment, is yet another greasy mark on the National Assembly’s coat of many colours. Whether at the level of the lawmakers or the bureaucracy, our legislature has become ...

Afeez Hanafi The Iya Loja General of Nigeria, Chief Folashade Tinubu-Ojo, says it is important for traders in markets across Lagos State to partner the government in ensuring cleanliness in the state. She urged market men and women to support the Cleaner Lagos Initiative (CLI) of the state government, noting ...

Olalekan Adetayo, Abuja President Muhammadu Buhari on Thursday said the nation’s economy was gradually recovering from recession. According to a statement by his Special Adviser on Media and Publicity, Mr. Femi Adesina, the President spoke while receiving the outgoing Ambassador of the Royal Embassy of Saudi Arabia, Fahad Bin Abdullah ...

The All Progressives Congress (APC) and the Peoples Democratic Party (PDP) yesterday traded words over the state of the nation. The chairman of PDP’s Caretaker Committee  described  March 28, 2015 as a day Nigerians voted scam as change. Referring to the presidential election that brought in President Muhammadu Buhari , ...

•Experts seek forex restrictions retention The Executive Board of the International Monetary Fund (IMF) yesterday released the Article IV Consultation on Nigeria in which it urged the authorities to remove restrictions and multiple currency practices. The directors also praised the recent easing of some exchange restrictions which would lead to ...

How a Manhattan shopping trip led to a success in efforts to protect creatures with personalities and social qualities as immense as their bodies.

The American Bar Association acted against Arizona Summit Law after finding fault with its admissions practices, academic programs, and graduation and bar exam passage rates.