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My ‘Ordeal’ Inside Kirikiri Prison

This is not a joke, but a real-life story. I still wonder how my family members, friends and well-wishers would feel about my ‘ordeal’ inside the Kirikiri Medium Security Prison in Apapa, Lagos.   In fact, this write-up commenced in the Prison. All my life I...

$1.3bn Deal: EFCC charges Shell, Eni with corruption

Nigeria’s anti-graft agency on Thursday filed corruption charges against oil majors Shell and Eni over a $1.3 billion offshore block deal. The Economic and Financial Crimes Commission (EFCC) accused 11 defendants of “official corruption”, according to court documents. Shell, Eni and Agip, Eni’s Nigerian subsidiary, are...

EFCC Finds $9.2m in ex-NNPC GMD Home

Mr Ibrahim Magu, Acting Chairman of Economic and Financial Crimes Commission (EFCC), has told a committee of the House of Representatives that $9.2 million and 750,000 pounds were recovered from a residence in Kaduna state, belonging to the former Group Managing Director of the...

N300bn Debt: AMCON Takes Over Arik Air as EFCC Grills Arumemi-Ikhide

The Federal Government, through the Asset Management Corporation of Nigeria, took over the operations of the nation’s biggest carrier, Arik Air, and appointed Capt. Roy Ukpebo Ilegbodu as its new manager. It was gathered that the beleaguered airline was indebted to alone to the tune...

Nigeria Takes Over Malabu Oil Block

Justice John Tsoho of the Federal High Court sitting in Maitama, Abuja has given an order ceding control of the lucrative oil block, Oil Prospecting License, OPL 245, to the Federal Government pending investigation and prosecution of suspects in the $1.1billion Malabu Oil scam. The...

Presidency Clears Magu, Babachir Lawal of corruption

President Muhammadu Buhari has informed the Senate that the Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ibrahim Magu, and the Secretary to the Government of the Federation, SGF, Babachir Lawal, have been cleared of alleged corrupt practices following an investigation...