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Ex-Accountant General Asks Court For Extension to Refund Stolen Funds

Ex-Accountant General Asks Court For Extension to Refund Stolen Funds Anamekwe Nwabuoku, the former acting Accountant-General of the Federation, has appealed to Justice James Omotoso of the Federal High Court in Abuja for more time to complete the refund of the public funds allegedly looted...

EFCC Opens Case Against Sirika, Others Over Alleged N2.8bn Fraud

EFCC Opens Case Against Sirika, Others Over Alleged N2.8bn Fraud The Economic and Financial Crimes Commission (EFCC) on Monday in a Federal Capital Territory (FCT), High Court, Maitama opened its case of alleged N2.6 billion fraud against former Aviation Minister, Hadi Sirika and three others. The...

Court Orders Forfeiture Of N11.14bn Choice Properties Linked to Emefiele

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

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

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

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...