How EFCC Traced 753 Houses to Emefiele The Economic and Financial Crimes Commission (EFCC) court papers have linked former governor of the Central Bank of Nigeria, Godwin Emefiele, to the massive Abuja property with 753 duplexes and other apartments located in Abuja. Economic Confidential had reported...

Tinubu, Oyedele Opposed Buhari’s VAT Increase Plan, PRNigeria Confirms Amid the ongoing debate surrounding the Tax Reform Bill 2024, a fact-check by PRNigeria has confirmed that President Bola Ahmed Tinubu and Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, previously...

Naira Appreciates by 5.5% at Parallel Market The naira recorded a huge gain against the US dollar at the parallel market, hitting N1640/$1, at the close of business on Wednesday, December 4, 2024. This represents a 5.2% or N90 gain against the dollar when compared to...

Fuel Imports Hit 2.3bn Litres Despite Local Production Despite the commencement of petrol production by two major refineries in Nigeria in the last three months, oil marketers have continued to import and distribute the product nationwide. It was gathered on Wednesday that marketers imported 2.3 billion...

PRNigeria FactCheck Debunks Claims of Multibillion Naira Discovery in El-Rufai’s Son’s Home A viral report alleging that the Economic and Financial Crimes Commission (EFCC) discovered $800 million, ₦700 billion in cash, and ₦1 trillion worth of drugs at the home of the son of former...

CBN Clarifies Staff Early Exit Exercise ...Says Participation is Entirely Voluntary The Central Bank of Nigeria (CBN) has dismissed claims of forced mass retirements, clarifying that its Early Exit Package (EEP) is entirely voluntary and without any negative repercussions for eligible staff. Speaking in Abuja on...