Wednesday, July 17, 2019

Tag "Paris Club refund"

    Onnoghen’s lawyer: I was framed up with $30,000 bribe because I exposed Paris Club fraud

Onnoghen’s lawyer: I was framed up with $30,000 bribe because I exposed Paris Club fraud

Joe Agi, a senior advocate of Nigeria (SAN), has denied the allegation that he paid a bribe of $30,000 to Walter Onnoghen, suspended chief justice of Nigeria.The Economic and Financial Crimes Commission (EFCC) had traced a deposit of $30,000 made by Agi into Onnoghen’s account.Sources had told TheCable that the deposit was made sometime in 2009 while a series of “suspicious [...]

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    FG: States owing salaries won’t get Paris Club refund

FG: States owing salaries won’t get Paris Club refund

The federal government says states must clear owed salaries and other related staff arrears before they would be able to access the remaining $2.69 billion Paris Club refund.Hassan Dodo, director of information, federal ministry of finance, made this known in a statement released on Tuesday."The DMO led the reconciliation process under the supervision of the Federal Ministry of Finance. The final [...]

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    Governors to meet in Abuja over last tranche of Paris Club refund

Governors to meet in Abuja over last tranche of Paris Club refund

Governors from the 36 states of the federation will on Wednesday night meet in Abuja to discuss the last tranche of the Paris Club refund.The meeting will hold under the auspices of the Nigerian Governors' Forum.Paris Club refund is a partial settlement of long-standing claims by state governments relating to over-deductions from their federation account allocation committee (FAAC) allocation for [...]

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    States get Paris Club refund, FAAC allocation at once — so ‘Nigerians can have better Christmas’

States get Paris Club refund, FAAC allocation at once — so ‘Nigerians can have better Christmas’

Olubunmi Siyanbola, a director at the ministry of finance, says 27 states have received the balance of the Paris Club refund.Siyanbola made this known on Saturday while addressing journalists after the federation account allocation committee (FAAC) meeting where N609.959 billion was distributed to the three tiers of governments.She said the remaining states would get theirs as soon as some processes are [...]

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Exchange Rates

July 12, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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