Alleged Fraud: Court Adjourns Fayose’s Trial till January The Federal High Court sitting in Lagos, on Friday, adjourned the alleged money laundering trial of former Governor of Ekiti State, Ayodele Fayose, until January 31 and February 1, 2023. The case was earlier scheduled for the continuation...

EFCC Raids Black Market Forex Offices as Naira Sells for 840/$ In an effort to stop the rapid decline of the naira, the Economic and Financial Crimes Commission agents raided the offices of black market currency dealers in Abuja on Tuesday. A source disclosed to Economic...

The Evolving Nigerian Naira Notes By Jibril Salisu Na`inna There has been evolution of currency used in Nigeria prior to 1960 and even after, which is one aspect of Nigeria's financial services revolution and global best practices. According to international best practices, a national currency ought to...

Appropriation Bill: EFCC Requests N41bn for 2023 Operations The Economic and Financial Crimes Commission (EFCC) has said it needs 41 billion naira for it's operations in 2023. The Executive Chairman of the EFCC, Abdulrasheed Bawa, said this while presenting an estimate of N41,120,071,521.75 (Forty One Billion,...

EFCC, NSCDC to Collaborate in Fight Against Insecurity, Corruption The Kwara Command of the Nigeria Security and Civil Defence Corps (NSCDC), on Friday reiterated it’s commitment to partner with sister security agencies in the fight against crime and corruption. The state commandant of the corps, Mr...

Currency Traders Lose Millions as Naira Gradually Recovers Some Nigerians who decided to buy dollars with the hope of making big gains have been left to count their losses in the last three days. Naira had opened the new week trading at N680- N710 to a...