Month: August 2018

Analysis | A Clash Of Civilizations And The Impending Triumph Of Feudalism

Policies of the Buhari-led “Federal Government”, like the Conditional Cash Transfer of the Abacha Loot, let me lend you the Dark Goggles of Abacha for a moment, to look, see and understand the road signs on the HIGWAY we are currently traveling, against our will and trenchant protestations.

Illegal repatriation: MTN to refund $8.13bn as CBN fines 4 banks N5.87bn

The Central Bank of Nigeria (CBN) has imposed a N5.87 billion fine on Standard Chartered Bank, Stanbic-IBTC, Citibank, and Diamond Bank over alleged illegal remittance of foreign exchange to offshore investors of MTN Nigeria Communications Limited.

This is even as the CBN has directed MTN to refund 8.13 billion dollars which was illegally repatriated by the company with the aid of the four Nigerian banks.