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We’ll go after multinationals involved in illicit financial flows – EFCC

The Economic and Financial Crimes Commission has unveiled plans to go after multinationals involved in illicit financial flows out of Nigeria. The Acting Chairman of the commission, Ibrahim Magu, disclosed this in an interview with journalists on the sideline of a conference on the use...

FIRS, EFCC To Launch Anti-Tax Fraud Team

The Federal Inland Revenue Service (FIRS) and the Economic and Financial Crimes Commission (EFCC) are putting a new breath to the fight against tax fraud and evasion in Nigeria as the two agencies will soon launch an anti-tax fraud and evasion team. This collaboration, according...

Still On N500bn Paris Club Refund

In line with the federal government’s mission to reflate economic activities in the country, the Federal Government had earlier disbursed a special intervention fund totaling N338 billion to 27 states in the country which was a step taken to enable states pay workers’ salaries...

Implications of Paris-Club Loan Refund

Nigerians are worried over lack of frugality and sense of imprudence demonstrated by a good number of the state governors in utilization of the Paris-Club loan refund. Analysts have described the controversy as affront and therefore, called upon President Muhammadu Buhari to issue a...

Stop losing corruption cases, Buhari tells EFCC, ICPC

President Muhammadu Buhari is not satisfied with the way some corruption-related cases are being handled by relevant government agencies since the inception of his administration. The President, it was further learnt, had therefore directed the heads of the agencies to put their houses in order...

Two CBN directors arrested for Forex manipulation

The Economic and Financial Crimes Commission has arrested two directors of the Central Bank of Nigeria for alleged forex manipulation and economic sabotage. Impeccable sources at the EFCC told one of our correspondents on Wednesday that the directors were still in custody as of press...