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  • EFCC Docks Contractor, Bashir Bashir for $1m Fraud

    The Economic and Financial Crimes Commission, EFCC, on February 16, 2017, arraigned one Bashir Ishaq Bashir alongside his companies, Leda Greenpower Consortium, Leda Greenpower Nigeria Limited and Leda Consortium Limited before Justice S.E. Aladetoyinbo of the Federal Capital Territory, FCT High Court, Maitama, on a three-count charge of obtaining by false pretence and cheating to […]
  • We Made N3.3 trillion In 2016, Says FIRS

    The Federal Inland Revenue Service (FIRS) revealed that it made a record N3.303 trillion in 2016. Chairman of the Service, Babatunde Fowler made this known in Lagos on Wednesday to dispel earlier reports of the revenue made for the central government by the agency. It was earlier reported that the agency only raked in between […]
  • Exchange Rate Hits N510/$ At Black Market 

    The Naira has continued to depreciate at the parallel market in spite of the steady rise in the nation’s foreign reserves.  The Nigerian currency lost three points at the parallel market to exchange at N510 on Wednesday after closing at N507 on Tuesday, while the Pound Sterling and the Euro exchanged at N625 and N535, […]
  • Fayose: “FG running on lies”

    Ekiti State Governor and Chairman of the Peoples Democratic Party (PDP) Governors’ Forum, Mr Ayodele Fayose has called on Nigerians to rise in unison to pray to God to save Nigeria from imminent collapse, lamenting that “Nigeria is in dire need of divine salvation at this critical time.” The governor said it was time for […]
  • N1.162bn Fraud: Judge Adjourns Dariye’s Case

    Justice Adebukola Banjoko of the Federal Capital Territory, FCT High Court, Gudu, has fixed March 2, 2017 for further proceedings in the trial of Joshua Dariye, a former governor of Plateau State. He is facing a N1.162 billion fraud charge preferred against him by the Economic and Financial Crimes Commission, EFCC. The Chief Judge of […]
  • EFCC Arrest Fraudulent ‘Investor’ for Alleged $154,146 Fraud

    … Places inmate perpetrating fraud from prison under watch The Economic and Financial Crimes Commission, EFCC, on February 9, 2017 arrested one Benjamin Aduli for offences bordering on criminal breach of trust and obtaining by false pretence. Operatives of the EFCC got wind of his nefarious activities through a petition by one of his victims. […]
  • Court Orders Police To Pay N20m Damages

    An Owerri High Court on Wednesday awarded N20 million as damage against the Nigerian Police for assaulting an Owerri-based lawyer, Chukwuemeka Amaghiro, in 2016. The judgement was handed down by Justice K.A Orjiako who said the respondents were found guilty of gross violation of the applicant’s fundamental human right. Amaghiro had in 2016 filed a […]
  •  Saraki: “Buhari is Healthy, No cause for alarm”

    President of Senate and Chairman National Assembly, Dr. Bukola Saraki has said that President Mohammadu Buhari who extended his medical vacation indefinitely is healthy, adding that there is no cause for alarm. Saraki made this announcement on Wednesday in terse statement. “Myself, Rt Honorable Speaker Yakubu Dogara and leader of Senate, Senator Ahmed Lawan paid […]
  • Benue Governor Sacks Commissioners

    Samuel Ortom, the governor of Benue State has sacked four of his commissioners and a special adviser. This was contained in the statement by the Special Adviser to the governor on Media, Mr. Tahav Argezua. Argezua said the governor also announced the appointment of Prof. Anthony Ijohor, a Senior Advocate of Nigeria (SAN) as Secretary […]
  • Court order: Andrew Yakubu forfeits $9.7m to FG

    A Federal High Court sitting in Kano has ordered that the forfeiture of the sum of $9,772,00 and  £74,000 recovered from a former Group Managing Director of the Nigerian National Petroleum Corporation, NNPC,  Mr. Andrew Yakubu to the Federal Government. Justice Zainab Abubakar gave the order following an ex parte application by the EFCC’s counsel, […]Read More
  • N8bn scam: syndicate operates in CBN – Witness

    A witness in the case of alleged N8 billion CBN  currency scam on Tuesday said that there was a syndicate at the Ibadan branch of  the apex bank behind the fraud. Mr Edwin Ennah, a retired Head of Currency Processing and Disposal Unit, said that he discovered that some people were replacing cut newspapers and […]
  • FG Nets N5.24trn from TSA

    The Accountant-General of the Federation, Mr. Ahmed Idris has noted that the quality of  leadership provided by President  Muhammadu Buhari, which he described as  rare courage and political will is a major reason for the successes so far achieved by the Treasury Single Account policy implementation. The AGF made this disclosure  during his welcome Address […]