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A report by AZA Finance, an Africa-focused provider of currency trading solutions has attributed the pressure facing the naira on the parallel market to diversion of export proceeds away from the approved channels by a lot companies in the country.
A prosecution witness has narrated how a former chairman, Pension Reform Task Force Team, (PRTFT), Abdulrasheed Maina, who is standing trial before a Federal High Court in Abuja, stole about N14 billion from pension accounts through several illegal payments to fake pensioners, non-existing contracts, and other pension reform unions.
EFCC insists former Senate president bought Ikoyi property with monies drawn from Kwara government...
A witness brought to testify in the trial of former Senate President Bukola Saraki before a Lagos Division of the Federal High Court has narrated how Saraki allegedly purchased his Lagos properties with funds drawn from the coffers of the Kwara State Government.
The Federal Executive Council (FEC) yesterday approved N40 billion for the construction of road and ecological projects in different parts of the country.
Despite the country sliding into recession and pressure to tinker with its fiscal policies, the Federal Government will not retrieve or adjust the 2021 budget now being considered in the National Assembly.
The trial of former Chairman of the defunct Pension Reform Task Team, Abdulrasheed Maina, on money laundering charges continued in his absence on Wednesday, as a witness, Mrs. Rouquayya Ibrahim, narrated how he stole over N14billion from the federal pension account.
Civil Society Organisations, CSOs, Monday, expressed dismay over alleged poor management of economy following the recession that struck the economy at the weekend as reported by the National Bureau of Statistics, NBS.
The proposed plan by the Federal Government to manage unclaimed dividends, projected to hit N200bn by the end of this year, has drawn the ire of capital market operators on the adverse effects on investor confidence and future growth of the market.
In order to reduce the cost of governance in the Southwest geo-zone, the Yoruba Council of Elders has called on remaining governors in the zone to follow the step of Governor Babajide Sanwoolu of Lagos State by canceling the pensions paid to former governors and their deputies.
Charli D’Amelio is the first TikTok creator to hit 100 million followers. She’s the first by some distance, too — only two other creators have cracked 50 million. On TikTok, that makes her more than twice as big as Will Smith, three times as big as The Rock, four times as big as Selena Gomez, and five times as big as Kylie Jenner and Ariana Grande.
Socio-Economic Rights and Accountability Project (SERAP) has sent an open letter to President Muhammadu Buhari urging him “to put the country’s resources at the service of human rights, and to support the less well-off to enjoy an adequate standing of living through cutting the cost of governance and implementing bold transparency and accountability measures in your government’s response to Nigeria’s second recession in five years.”
Twitter will hand control of the presidential @POTUS account to Joe Biden when he is sworn in on inauguration day, even if President Donald Trump has not conceded his election loss, US media reported Friday.
President-elect Joe Biden is preparing to take over from President Donald Trump, but his transition team isn’t getting the level of cybersecurity support usually provided by outgoing administrations, according to The Wall Street Journal. That could mean Biden’s team is more vulnerable to cyberattacks than if it had the full support and resources of the federal government.
Justice T.B. Adegoke of the Federal High Court sitting in Asaba, Delta State has fixed November 30, 2020 for sentencing of Onus Osagie Amahian, a former staff of Access Bank who was prosecuted on a 25-count charge bordering on forgery and making false entry into Delta State Government payroll by the Benin Zonal Office of the Economic and Financial Crimes Commission, EFCC.
Following the ongoing fight against corruption by the Buhari-led administration, a Civil Society Organisation, CSO, Paradigm Leadership Support Initiative, PLSI, on Friday, threw weight behind calls for amendment of Fiscal Responsibility Act 2007, to make the desired impact to sanitise the system.
Forces from Ethiopia’s rebel Tigray region fired rockets on Friday into the city of Bahir Dar in the neighbouring Amhara region but caused no casualties or damage, the Amhara government said, as federal forces moved towards the Tigray capital.
Inflation in Sudan has risen to one of the highest levels in the world, and the country risks slipping into hyperinflation unless it gets its budget deficit and money supply under control, economists say.
Guardiola watched Manchester City hit five past Burnley – and then claimed this season is leaving him joyless.
Dave Prowse, the British actor behind the menacing black mask of Star Wars villain Darth Vader, has died, his agent Thomas Bowington said Sunday.
A Neurologist at the National Hospital, Abuja, Dr Yusuf Zubairu, on Sunday warned that inserting objects and forcing liquid into the mouth of an...
Pathfinder International has urged Federal Government to decentralise her policies on implementation of Family Planning (FP) measures, considering the country’s cultural and religious diversity.
Officers of Ojoto Division of the Anambra Police Command have arrested a 21-year–old woman, Emila Sunday, for attempting to sell her three months’ old baby.
About 100 shops were on Wednesday morning razed by fire at the Otukpo Main Market in Otukpo, Benue State.
The House of Representatives Joint Committees on Petroleum (Upstream, Downstream and Gas) have applauded the Nigerian National Petroleum Corporation (NNPC) for breaking new grounds in its commitment to transparency and accountability.
Governor Abdullahi Sule of Nasarawa has condemned the killing of the state Chairman of the All Progressives Congress, Philip Shekwo, describing it as unfortunate.
The Economic and Financial Crimes Commission (EFCC) says it is committed to fighting tax evasion because it is a financial crime that falls within its purview.