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,...

How FG Spent N41.9 Billion On Debt Servicing In January The Central Bank of Nigeria (CBN) new data has revealed that Nigeria’s monthly debt servicing increased by $31.46 million in one month to $101.29 million in January, which is about 45 per cent jump month-on-month. As...

Telecoms: Calls, Text And Data Services To Increase Price By 40% Based on recent news report, telecommunication companies are proposing a 40% increase in the cost of calls, SMS, and data to the Nigerian Communications Commission as a result of the rising cost of running...

CBN Alerts Nigerian Banks on Dangers of Transacting With Benin Republic The Central Bank of Nigeria (CBN) has directed banks to implement enhanced measures on existing accounts and transactions related to the Benin Republic. The apex bank said this in a circular dated April 11 and...