As the global economy continued to battle the financial crisis that enveloped the world economy as a result of the 2007 financial crisis, the IMF has designed a multilateral -supported programs that has created space in many countries for counter-cyclical policies to address the impact of the global food, fuel, and financial crises.

By Funmi Komolafe & Victor Ahiuma-Young LAGOS—THE National Pension Commission (PENCOM), has suspended the Managing Director of  the defunct Nigerian  Social Insurance Trust Fund (NSITF), Chief Enukora Joe Okoli, over alleged fraudulent diversion of N1.6billion NSITF contributors’ funds into private accounts for 20 months. The development has raised fears that the wave of financial improprieties […]

By Abdulwahab Abdulah & Tosin Adejuwon LAGOS—A Lagos High Court sitting in Ikeja has been told how a Lagos lawyer and human rights activist, Mr. Festus Keyamo, chased out his wife, Irene Isioma and two children from her matrimonial home. Keyamo is the petitioner in the matter before Elfreda Dawodu-Williams of the Probate and Family […]

By Emma Ovuakporie ABUJA— No fewer than four members of a forgery syndicate including an official of the Corporate Affairs Commission (CAC) were on Wednesday arrested in Abuja by operatives of the Economic and Financial Crimes Commission (EFCC). The suspects — Emmanuel Nwaroh, Akeju Tolulope, Abiodun Awolumate and Aliu Abdullai — were arrested following a […]

By  Chioma Obinna LAGOS—The Nigerian Medical Association (NMA) yesterday lauded the approval of a new salary structure for Medical and Dental Practitioners,  known as consolidated Medical Salary Structure (CONMESS) by the Federal Government, describing it as  a “progressive gesture.” In a statement issued in Lagos and co-signed by the President and Secretary-General of NMA,  Dr. […]