Reps Summon Water Resources Minister As Agency Auctions N2bn Assets For N13.6m   The Office of the Auditor General for the Federation has queried the management of the Ogun-Osun River Basin Development Authority for selling off government plant, property and equipment valued at over N2bn at...

Nigerians Spent $221m On Foreign Education In Three Months – CBN   An analysis of data obtained from the Central Bank of Nigeria (CBN) showed that Nigerians spent at least $220.86 million on foreign education between December 2021 and February 2022. This is according to the CBN...

Reps Probe Unremitted Multi-million-dollar Revenue Under NPA   The House of Representatives’ Committee on Public Accounts has commenced an investigation of the multi-million-dollar debt owed the Federal Government by terminal operators at the nation’s seaports. It is also probing the alleged failure by the Nigerian Port...

JUST IN: Accountant General of the Federation, Ahmed Idris, in EFCC Net over N80bn Fraud By Adnan Mukhtar Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested the Accountant General of the Federation, Ahmed Idris, in Kano. The EFCC in a statement by...

SHOCKING: President Jonathan Asked me to Divert N2bn Ecological Funds into Reelection Campaign – Babangida Aliyu The Economic and Financial Crimes Commission (EFCC) has revealed how former governor of Niger state, Babangida Aliyu, confessed the circumstances surrounding the diversion of 2 billion naira Ecological Funds...

Buhari Signs Three Bills to Tackle Money Laundering, Terrorism President Muhammadu Buhari on Thursday in Abuja signed into law, three bills aimed at improving the anti-money laundering and counter terrorist financing/proliferation financing framework in Nigeria. The bills are: the Money Laundering (Prevention and Prohibition) Bill,...