Daily Watch

15th July 2015 0

A deal was reached between negotiators representing six world powers, and the Islamic Republic of Iran on Tuesday, which could see sanctions lifted and Iran…

Daily Watch

14th July 2015 0

President Muhammadu Buhari on Monday, instructed the NNPC to review agreements behind a programme to swap crude for refined products, his spokesman said on Monday.…

Daily Watch

13th July 2015 0

The Department of Petroleum Resources has blamed the unending scarcity of petroleum products on “unscrupulous marketers and depot owners”. According to the DPR, marketers make…

Daily Watch

10th July 2015 0

The naira fell to a new low of 235 to the American dollar in the black market on Thursday, as dollar shortages in the economy…

Daily Watch

9th July 2015 0

Deposit Money Banks (DMBs) in Nigeria reported 10,612 fraud cases in 2014, compared with 3,786 cases reported in 2013, representing an increase of 182 percent,…

Daily Watch

7th July 2015 0

The naira continued to slide yesterday, reaching a new low of N232 to the American dollar at the parallel market on Monday. The record low…

Daily Watch

6th July 2015 0

Former vice president, Namadi Sambo, has come under fire because of the opacity in payments related to the sale of power assets. A Canadian firm,…

Daily Watch

3rd July 2015 0

Analysts at Standard Chartered are pointing to a probable doubling of the VAT rate to 10 percent in a move that will boost state governments’…

Daily Watch

2nd July 2015 0

The Central Bank of Nigeria has imposed more restrictions on certain imports. Following the earlier prohibition, CBN further prohibited importers of items that are “Not…

Daily Watch

19th June 2015 0

Public anger over the size of pecuniary benefits of Nigeria’s legislators has continued, prompting the chairman of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC),…