In One Year, EFCC Recovers N152bn, $386m; Records 2,220 Convictions By Abdulrahman Abdulraheem The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, on Monday said the Commission had within the last year, secured an unprecedented conviction record of 2, 220 and...

Gencos Put NBET Debts At N1.64trn, Counters Purchase Agreements Power generation companies on Sunday said the Nigerian market was under threat based on the recent claims by the Nigerian Bulk Electricity Trading Company Plc that only five Gencos had active Power Purchase Agreements in Nigeria. Speaking...

Fed Govt Incurs N950bn New Domestic Borrowing In Q1, 2022 The Federal Government has incurred N950bn new domestic borrowing between January 2022 and March 11, 2022, the Debt Management Office has revealed. The fresh borrowing was disclosed on March 17 in the presentation of the Public...

'Nigeria Loses N150bn To Fake Battery Products'   The Chief Executive Officer, Emilinks Nigeria Limited, Mr Solomon Nwadiogbu, has said Nigeria loses about N150bn every year to fake battery products. Nwadiogbu disclosed this during a press briefing. He added that fake battery products often cause damage to...

Obiano Granted Bail, Yet to Fulfill Conditions - EFCC Boss By Abdulrahman Abdulraheem The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, on Monday said the Commission has granted former Governor of Anambra State, Willie Obiano, bail. He however added that the EFCC is...

You have a N1.1bn Case to Answer, ICPC Tells Former Customs Boss, Inde Dikko's Accomplice By Abdulrahman Abdulraheem The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has told Barrister Umar Hussaini, a private solicitor and friend to the late Comptroller General of Nigeria...