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Christina Hildrew

Cash transaction as security vote hits $670 million yearly

Transparency International (TI), an International Non-Governmental Organisation (NGO), has said $670 million was transacted annually in cash as security vote in Nigeria.

Transparency: President, governors spend over N241 billion on security votes yearly

Transparency International says the President, 36 governors and 774 local government chairmen across the country, spend $670m (N241bn) yearly on security votes which are not subject to audit or legislative oversight.

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President Buhari receiving Report of the Technical Advisory Committee on the Implementation of the National Minimum Wage in State House on 25th Mar 2019 2

President Buhari: Imbibing new tax culture will boost Nigeria’s economy

President Muhammadu Buhari, Tuesday in Abuja, said the Federal Government will continue to sensitize and encourage Nigerians to cultivate the culture of paying taxes by ensuring fair implementation policy and effective utilisation of resources.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

EFCC arrests six Yahoo boys, recovers cars

The operatives of the Economic and Financial Crimes Commission (EFCC), Ibadan Zonal Office have arrested six `Yahoo’ boys and recovered five different models of exotic cars, laptops.

NUP directs pensioners to withdraw from verification exercise in Oyo

The Nigeria Union of Pensioners in Oyo State has directed its members to withdraw from the ongoing verification exercise in the state over the harsh environment under which the initiative was being carried out.
Nigerian Stock Exchange NSE

All-Share Index drops marginally by 0.01% in cautious trading

Trading resumed on the nation’s bourse on Tuesday still on a negative trend, declining marginally by 0.01 per cent in a cautious trading.

Lagos taskforce suspends paramilitary officer for corruption

Lagos State Task Force on Tuesday said it has suspended a paramilitary officer of the Agency, by name Mr Ikuburuju Alex popularly called ‘Iku,’ for extorting money from an arrested traffic offender in Ikorodu, following complaints against the officer on the social media and subsequent investigation of the accused staff.