A former Chairman, House Committee on Appropriation, Mr. Abdulmumin Jibrin alleged that the Speaker, Mr. Yakubu Dogara, handed out $25,000 to lawmakers so that they could pass a vote of confidence on the speaker. Jibrin claimed that Dogara opened a register at his Asokoro guest...

The Economic and Financial Crimes Commission has commenced interrogation of some civil servants over allegations that they may be ghost workers, the Head of Service of the Federation, Mrs. Winifred Oyo-Ita has said in Abuja. According to her, the measure was aimed at sanitising the...

Afraid of being probed for alleged embezzlement of N432,502.466,521 Ecological Funds, many governors have inundated the Economic and Financial Crimes Commission (EFCC) with enquiries on their fate. It was learnt that they sought to know those to be probed and for which period. Already, the EFCC...

The Economic and Financial Crimes Commission  has said that as of March 2015, it had realised N1,956,007,974 as interest on the loot recovered from convicted former Inspector-General of Police, Mr. Tafa Balogun; the late former Governor of Bayelsa State, Diepreye Alamieyeseigha, and other prominent...

Recently the 2013 Audit Report of the Nigeria Extractive Industries Transparency Initiative (NEITI) on Oil, Gas and Solid Minerals was made public. The Executive Secretary of NEITI, Mr. Waziri Adio granted an interview to the Economic Confidential on issues arising from the report as...

The Federal Government has lost approximately $518 million to oil swap and Offshore Processing Agreements (OPA) in 2013 due to inefficiencies by the Nigerian National Petroleum Corporation (NNPC) and its subsidiaries, the Economic Confidential can authoritatively report. The Economic and Financial Crimes Commission (EFCC) would...