Man gets six months jail, forfeits $86,000 to FG for not declaring forex cash at airport
The Economic and Financial Crimes Commission, EFCC, on Thursday June 16, 2016 obtained conviction on a case of suspected money laundering brought against one Samuel Duru before Justice M.N Yinusa…
Badeh and son wanted me to falsely claim ownership of controversial N865m property – Witness
The trial of a former Chief of Defence Staff, CDS, Air Chief Marshal Alex S. Badeh (retd.) and Iyalikam Nigeria Limited by the Economic and Financial Crimes Commission, EFCC, before…
Anti-Graft War: Why lawyers, others should not be exempted – Falana, Sagay
Chairman, Presidential Advisory Committee on Corruption, Prof. Itse Sagay, SAN, has charged lawyers and professionals in the financial and private sectors, to see themselves as partners in the fight against…
Senate pass bill to promote Made-in-Nigeria products
The Senate has passed a bill to stimulate patronage for Made-in-Nigeria products, especially in the public sector. This followed the successful consideration of the report of its Committee on Public…
House investigates allegation of sexual misconduct by members
Three members of the House of Representatives, namely “Mark Terseer Gbillah [Benue] and Samuel Ikon [Akwa Ibom] and Mohammed Garba Gololo are currently being investigated over an alleged sexual misconduct…
Stock Rise on New CBN Forex Guidelines
After weeks of consultation with stakeholders in the financial services sector, the Central Bank of Nigeria on Wednesday finally released the flexible foreign exchange guidelines. The CBN Governor, Mr. Godwin…
How Goje Awarded N1bn Contract without Due Process – Witness
Senator Danjuma Goje, former governor of Gombe State, awarded a contract for supply of dictionaries for over one billion naira (N1billion) to Gombe State Universal Basic Education Board without following…
Badeh Gave Me N864 from NAF Account to Buy Properties, I did Not Know It’s Fayose’ House -Witness
A prosecution witness, Mustapha Yerima, PW4, Managing Director, Ryte Builders Nigeria Limited, in the ongoing trial of a former Chief of Defence Staff, CDS, Air Chief Marshal Alex S. Badeh…
SON Says Importation of Fake Products Kills Local Manufacturers, Seeks Collaboration with EFCC
The acting Director- General and Chief Executive Officer, Standard Organisation of Nigeria, SON, Dr. Paul Angya, has sought the assistance of the Economic and Financial Crimes Commission, EFCC, in tackling…
How Nigeria loses billions of dollars in oil deals – NEITI
Executive Secretary, Nigerian Extractive Industries Transparency Initiative (NEITI) Mr. Waziri Adio has revealed that Nigeria lost billions of dollars in 2013 to corrupt and inefficient financial practices in the oil…