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A tip-off by a whistle blower on Tuesday, 11 April has led to the discovery by the Economic and Financial Crimes Commission, EFCC, of N4 billion kept in two separate accounts at the GTB Plc. The money was suspected to be proceeds of crime. Investigations as to the owner of the funds revealed that the […]

A Federal High Court, Abuja, on Tuesday ordered the Department of State Service to produce former Benue Governor, Gabriel Suswam in court on May 11 for his arraignment. The Federal Government had accused Suswam and two others of diverting N9.7bn being part of funds from the Subsidy Re-investment and Empowerment Programme. The fund was allegedly […]

The recent outbreak of meningitis which has affected 17 states and claimed no fewer than 438 lives is a very sad reminder of the shambolic healthcare delivery system across the country. The outbreak also advertises a certain poverty of ideas on the part of those who rule even in matters that are supposedly routine. It […]

Former Nigerian First Lady, Patience Jonathan, was disappointed on Monday after her attempt to withdraw money from her unfrozen back account resulted in failure.  Mrs Jonathan visited the Maitama branch of the Skyebank in Abuja to withdraw part of her $5.9million recently unfrozen by a Lagos High Court. However,  the Economic and Financial Crimes Commission […]

The National Chairman of the Peoples Democratic Party (PDP), Ali Modu Sheriff has assured the party members in Anambra State that the party would win the state’s governorship election come November.  Sheriff also said that the era of manipulating delegates’ lists by the party hierarchy to satisfy selfish desires was over. Sheriff said this in […]

Kano State Government has donated 16 Toyota Hilux double cabin vehicles, worth about N260 million to the Nigerian Army in the state. The government also provided customized paint and canopy for them at the cost of N11 million and refurbished other 12 vehicles for them at the cost of N19 million. The state governor, Dr. […]

Following Presidential approval, the Comptroller-General of Customs, Col. Hameed Ibrahim Ali (Rtd) has released the promotion of 3,487 Senior Officers to various ranks. The promotion was strictly based on merit, considering the cumulative scores from examination, oral interview and seniority. A breakdown of the promotion shows: DC-CC=17, AC-DC=27, CSC         -AC=156, SC-CSC=62, DSC-SC=86, ASC1-DSC=144, ASC II-      […]Read More

The Economic and Financial Crimes Commission (EFCC) on Monday recovered N250m cash in Lagos. A statement issued by Wilson Uwujarien said a tip from a whistle blower  led operatives of the Economic and Financial Crimes Commission, EFCC, to intercept huge sums of money in various currencies at the popular Balogun market in Lagos.  ‘The monies […]

The shareholders of the pan-African financial institution, the United Bank for Africa (UBA) Plc applauded the Board, Management and Staff at the 55th Annual General Meeting of the Bank, held in Lagos on Friday April, 7, 2017. UBA shareholders approved the payment of N19.9 billion as final dividend for the financial year ended 31st December […]

The Chairman of the United Bank for Africa Plc, Mr. Tony Elumelu, has strongly commended the Federal Government and the Central Bank of Nigeria (CBN) for their efforts in stimulating the Nigerian economy, and bringing to bear a coordinated policy response that will positively jumpstart the Nigerian economy. According to Mr Elumelu, recent actions by […]

The Nigeria Police Force has revealed that 221 policemen are dedicated to guarding the Governor of Rivers State, Nyesom Wike. The police made the revelation on Sunday after the governor alleged that the Inspector-General of Police, Ibrahim Idris planned to kill him. The Police described the allegation as malicious, saying it was capable of misleading […]

Former President of Nigeria,  Olusegun Obasanjo, has said if the Economic and Financial Crimes Commission ( EFCC) would make impact in fighting corruption, it would carry out thorough investigation of corruption cases and also hire the services of ‘Ogbologbo’ lawyers. An ‘Ogbologbo’, a Yoruba word  means ‘seasoned, experienced person. Obasanjo made the comments on Sunday […]