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Nigeria s Secret Police, DSS Arrests Top Central Bank Director, Benjamin Fakunle At Retirement Party, Grills Him Over Alleged Corruption

The outgoing Finance Director at the Central Bank of Nigeria (CBN), Benjamin Fakunle, has been arrested and detained by the Department of State Service (DSS).   Fakunle is being grilled over his role in the seven-year audited accounts of the apex bank alleged to have been fraudulently prepared, findings by InsideBusinessNG revealed.  

As N100 Arbitrage Emerges in Nigeria s FX Market, EIU Predicts Return to Dual Exchange Rate By December

As N100 Arbitrage Emerges in Nigeria s FX Market, EIU Predicts Return to Dual Exchange Rate By December
arise.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arise.tv Daily Mail and Mail on Sunday newspapers.

As N100 Arbitrage Emerges in FX Market, EIU Predicts Return to Dual Exchange Rate Before Year-end

As N100 Arbitrage Emerges in FX Market, EIU Predicts Return to Dual Exchange Rate Before Year-end
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

Addis Ababa hosts the biggest finance event of 2017

Addis Ababa hosts the biggest finance event of 2017
capitalethiopia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitalethiopia.com Daily Mail and Mail on Sunday newspapers.

Senate Committee Queries FRC over N258m Extra-budgetary Expenditure

Deji Elumoye and Udora Orizu in Abuja The Senate Committee on Public Accounts has queried the Financial Reporting Council (FRC) over the extra-budgetary expenditure of N258 million on personnel cost in the agency’s budget for 2017 fiscal year. The Committee chaired by Senator Mathew Urhoghide hinged the query on 2018 Audited Report prepared by the Office of the Auditor General of the Federation (AuGF), which is being considered by the National Assembly. The query reads: ‘’We observed ,from audit, that the Council incurred the sum of N339,834,586.00 as against N81,245,107.00 contained in the 2017 approved budget. This resulted in an extra budgetary expenditure of N258,589,479.00 on Personnel cost.

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