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The Central Bank of Nigeria (CBN) has directed Deposit Money Banks to suspend charges on over-the-counter or ATM withdrawals of above N500,000 or deposit of same amount. The new directive was communicated on Thursday by the apex bank’s Director, Banking and Payments System Department, Mr Dipo Fatokun. Fatokun said in a circular dated April 20, […]

The office of the Attorney General of the Federation on Thursday arraigned a Supreme Court Judge, Justice Sylvester Nwali Ngwuta before the Code of Conduct Tribunal in Abuja, on eight counts of alleged false asset declaration. The Supreme Court Judge pleaded not guilty to all the charges slammed on him by the Attorney General of […]

President Muhammadu Buhari has expressed shock and sadness over the tragic event that took the lives of several Nigerians at a football viewing centre in Calabar, Cross River State, Thursday night. In a press release by the president’s aide, Garba Shehu the President commiserated with the government and people of Cross River State, and football […]

President Muhammadu Buhari has nominated Prof. James Momoh for the position of Chairman of the Nigerian Electricity Regulatory Commission (NERC). The President’s nominee to the Senate for confirmation is a Professor of Electrical Engineering and Computer Science; and Director of Energy Services and Controls at Howard University, United States of America.  Prof. Momoh, a Life […]

The Catholic Bishop of Sokoto Diocese, Bishop Mathew Hassan Kukah on Wednesday called on the Economic and Financial Crimes Commission (EFCC) to name the owners of the money stashes discovered. He said all the theatrics should be done away with so that the main issues can be trashed. Kukah who decried the recent spate of […]

A three-man presidential committee investigating the discovery of $43.4m by the Economic and Financial Crimes Commission (EFCC) in a residential apartment at Osborne Towers, Ikoyi, Lagos, Thursday quizzed the acting chairman of EFCC, Mr. Ibrahim Magu. The panel enquiry became necessary after the National Intelligence Agency (NIA) laid claim the funds. The panel was mandated […]

There is no iota of truth in media reports that the suspended Director-General of the National Intelligence Agency, Ambassador Ayo  Oke, wept when he visited the Presidential Villa, Abuja on Wednesday, Presidential spokesman, Garba Shehu has said. The Senior Special Assistant to the President on Media and Publicity, in a statement on Thursday described the […]

President Muhammadu Buhari has approved the appointment of Abubakar Bello as the new Managing Director of the Nigeria Export-Import Bank (NEXIM). The appointment was made public in a statement by the Director of Press in the Office of the Secretary to the Government of the Federation (SGF), Mr. Bolaji Adebiyi on Thursday. Adebiyi also announced […]

The  Comptroller-General of Customs, Col. Hameed Ibrahim Ali (Rtd) has approved the redeployment of 48 Comptrollers of Customs. According to a statement by spokesman for the service, Joseph Attah, the move is made to enhance effective and efficient service delivery by the service. The redeployment which is in line with the ongoing reforms of the […]

Obinna Obioha, 31, and a Nigerian hacker has pleaded guilty  to wire fraud, and admitted to participating in a scheme to hack into computers and email accounts in the United States for the purpose of stealing money from American companies. The announcement was made by United States Attorney Richard S. Hartunian and Vadim D. Thomas, […]

There is a very funny cartoon trending in the social media. It is about a teacher who asked some pupils what they would like to be when they grow up. The pupils all replied they would want to become whistleblowers. The federal government launched its whistle-blowing policy in December 2016 to help expose financial crimes […]

Who is Presidency? This was the question the suspended Secretary to the Government of the Federation (SGF) Engr. Babachir Lawal fired at State House correspondents who had accosted him for response on the news of his suspension. Lawal was seen coming down from the office of the Vice President, Yemi Osinbajo at the Presidential Villa, […]