Police arrest nine-man gang in Lagos

Former Central Bank of Nigeria's governor Godwin Emefiele approved the printing of N684.5 million naira with N18.9 billion, the Economic and Financial Crime Commission (EFCC) has said. EFCC made the claim in a new four-count charge filed against Emefiele at the High Court of the Federal Capital Territory. The anti-graft agency's prosecutor Rotimi Oyedepo (SAN)…

The Kogi State House of Assembly, during plenary on Tuesday, has asked the Economic and Financial Crimes Commission (EFCC) to remove the ‘wanted’ tag that it placed on Yahaya Bello, the immediate past governor of the state. EFCC declared Bello alongside Ali Bello, Dauda Suleiman and Abdulsalam Hudu on 19-count charges bordering on money laundering…

The University of Nigeria Nsukka (UNN) on Tuesday suspended Mfonobong David Udoudom, a lecturer in the General Studies division, who was caught in a video allegedly harassing a female student. The university said that the indefinite suspension is with immediate effect pending the outcome of a disciplinary panel constituted to investigate the incident. UNN spokesperson,…

The chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has accused the former Kogi state Governor, Yahaya Bello, of withdrawing $720,000 from state's account to pay for his child’s school fees in advance. Olukoyede disclosed this during a press briefing on Tuesday, April 23. "A certain governor, because he knows he is…

The Economic and Financial Crimes Commission (EFCC) has frozen over 300 accounts over suspicious forex flows. The EFCC chairman, Ola Olukoyede, who stated this on Tuesday said the agency discovered a new financial scheme that poses a significant threat to the stability of the foreign exchange market. According to Olukoyede, the scheme, known as the…

The coalition of opposition lawmakers in the 10th National Assembly known as the G60 has faulted the amendment and passage of the Rivers State Local Government (Amendment) Bill by the State House of Assembly. The Rivers State House of Assembly had on Monday passed the amended Bill into law overriding the assent of Governor Siminalayi…

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has vowed to resign his position if former Kogi State governor Yahaya Bello is not prosecuted. Olukoyede said this in a chat with journalists at the EFCC Headquarters in the Jabi area of Abuja on Tuesday. The EFCC is seeking to arraign Bello…

Former Minister of Aviation, Hadi Sirika, has been apprehended by the Economic and Financial Crimes Commission (EFCC) over an alleged N8 billion fraud. The PUNCH reports EFCC arrests Sirika over N8bn Nigeria Air fraud that Sirika got to the EFCC's Federal Capital Territory (FCT) Command in Abuja around 1pm on Tuesday. Sirika is currently being…

Gov. Nasir Idris of Kebbi has released N309.5 million for the payment of foreign scholarships to 86 indigenes studying in India and Egypt. The Commissioner for Higher Education, Alhaji Isah Abubakar-Tunga, made this known at a news conference in Birnin Kebbi on Tuesday. The commissioner said “Gov. Nasir Idris has made payment of foreign scholarship…

Dangote Oil and Petroleum Refinery has once again slashed the prices of diesel and aviation fuel. Dangote on Tuesday announced a further reduction in the prices of both diesel and aviation fuel to N940 and N980 per litre respectively. This latest round of reductions is coming about two weeks after the company slashed the price…