Court Orders Forfeiture Of N11.14bn Choice Properties Linked to Emefiele The Federal High Court sitting in Lagos on Wednesday granted an order of interim forfeiture of properties valued at N11,140,000,000.00 linked to the embattled former Central Bank of Nigeria (CBN) governor, Godwin Emefiele. Justice Chukwujekwu Aneke...

CBN Lifts Restriction on Opay, Monieponit, Others The Central Bank of Nigeria (CBN) has lifted its ban on OPay, Moniepoint, Kuda, Palmpay, and Paga, clearing the way for the fintechs to resume onboarding new customers. Recall that CBN directed fintech companies to pause enrollment of new...

Why Nigeria Air Remains Suspended Indefinitely – Keyamo The Minister of Aviation and Aerospace Development, Festus Keyamo, says the Nigeria Air project remains suspended “indefinitely”. Keyamo stated this while reeling out the achievements of the aviation sector at the 3rd ministerial updates on Monday in Abuja. Back...

Pate Urges EFCC, ICPC to Track States’ Spending on Health The Coordinating Minister of Health and Social Welfare, Professor Muhammad Ali Pate, has tasked the Economic and Financial Crime Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to monitor disbursed funds...

Court Orders Forfeiture of $4.7m, N830m, Assets Linked to Emefiele A Federal High Court sitting at Ikoyi, Lagos has ordered an interim forfeiture of the sums of $4,719,054 million USD, N830,875,611 million, and several properties linked to the embattled former Governor of the Central Bank...

ICPC to Lead Stakeholders in Tackling Illicit Financial Flows, Terrorism Financing The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has reaffirmed its dedication to combatting terrorism financing as a means to curtail illicit financial activities. This commitment was reiterated by the ICPC Chairman, Dr....