Home Topics Economic

Economic

At least two people were killed after security forces went to arrest Chad’s opposition candidate Yaya Dillo at his home on Sunday morning, Dillo and the government said.

At least two killed in skirmish at Chad opposition candidate’s house

At least two people were killed after security forces went to arrest Chad’s opposition candidate Yaya Dillo at his home on Sunday morning, Dillo and the government said

VON chief: Blame General Babangida for Nigeria’s insecurity

The Director General, Voice of Nigeria (VON) and a chieftain of the All Progressives Congress (APC), Mr. Osita Okechukwu, has blamed the insecurity challenge facing the country on the outcome of “Extreme-Poverty” planted in 1986 by the Structural Adjustment Programme (SAP) of the Ibrahim Babangida regime.

SERAP writes minister, seeks probe of ‘missing billions’ in water ministry, agencies

Socio-Economic Rights and Accountability Project (SERAP) has sent a Freedom of Information request to the Minister of Water Resources Engr. Suleiman Adamu, urging him to “clarify the action that his Ministry has taken to address and find the alleged billions missing from the Ministry and its agencies, and if there is relevant admissible evidence of corruption and mismanagement, to refer the allegations to appropriate anti-corruption agencies for investigation and prosecution.”
Governor Yahaya Bello of Kogi has expressed his administration’s commitment to the development of the education sector as the key to high-level human capital development needed for emancipation of the people.

2023: Kogi governor against zoning for presidency

Kogi State Governor Yahaya Bello on Saturday dismissed calls for political parties for the zoning of the Presidency according to region. The governor advised Nigerians to focus on competence rather than ethno-religious considerations in determining the next President.
Onyema Nwachukwu, acting director for defence information, DHQ

DHQ warns against obstructing vehicles conveying food from north to south

The defence headquarters has warned individuals who obstruct the movement of goods from one part of the country to the other to desist from such acts or face the wrath of the law.
Osun State Govenror Adegboyega Oyetola

Group drags Osun government before EFCC over ‘flyover’ project

A civil society in Osun state, Transparency and Accountability Group, (TAG) has dragged the state government before the Economic and Financial Crimes Commission, as well as the Independent Corrupt Practices and other Related Offences, (ICPC) seeking the probe the award the flyover in the state to a contractor without any bidding process.
The Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami, SAN,

AGF tackles Itse Sagay over comment on new EFCC chief

The Attorney General of the Federation (AGF) and Minister of Justice, Mr. Abubakar Malami (SAN), yesterday condemned the recent statement by the Chairman of the Presidential Advisory Committee Against Corruption (PACAC), Professor Itse Sagay, that the AGF would not allow the newly appointed Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Abdulrasheed Bawa succeed on account of being a “powerful politician” that will interfere in Bawa’s work.
Emmanuel Nwude, a businessman, who was convicted of defrauding a Brazilian bank of $242 million, has denied knowing the source of the funds while testifying on Thursday before an Ikeja Special Offences Court in Lagos State.

Emmanuel Nwude: Olisa Agbakoba dumped me after collecting N27 million

Emmanuel Nwude, a businessman, who was convicted of defrauding a Brazilian bank of $242 million, has denied knowing the source of the funds while testifying on Thursday before an Ikeja Special Offences Court in Lagos State.
The Federal High Court sitting in Uyo, Akwa Ibom State

Fraud: Court disqualifies lawyer as defence witness

The trial-within-trial of a suspected serial fraudster, Scales Ishola Olatunji was cut short on Thursday following a ruling by Justice Agatha Okeke of the Federal High Court sitting in Uyo, Akwa Ibom State which disqualified one Peter Mba from giving his testimony as a defence witness in the matter.
The Economic and Financial Crimes Commission (EFCC) said it does not want bail for a former Chairman of the Pension Reform Task Team, Abdulrasheed Maina, because he might escape.

Abdulrasheed Maina cannot be trusted with another bail – court

Justice Okon Abang of the Federal High Court, Abuja, on Thursday, told Abdulrasheed Maina, former Chairman, defunct Pension Reformed Taskforce Team (PRTT), that he cannot be trusted with another bail after jumping the first granted him.
1. President Muhammadu Buhari, on Thursday, met with the new Chairman of Economic and Financial Crimes Commission (EFCC), Mr Abdulrasheed Bawa, at the State House, Abuja.

APC tasks new EFCC boss to be guided by President Buhari’s corruption stance

The All Progressives Congress (APC) has tasked the new chairman, Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, be guided by the stance of President Muhammadu Buhari in the quest to tackle corruption in the polity.
Economic and Financial Crimes Commission - EFCC.

EFCC arraigns Bestworth’s director for ‘misappropriation of N10.2 billion’

The Economic and Financial Crimes Commission (EFCC), on Thursday, arraigned a director of the defunct Abiodun Hassan before Justice Sylvanus Oriji of the FCT High Court, Apo, for alleged misappropriation of over N10.2billion.
3. President Muhammadu Buhari, on Thursday, met with the new Chairman of Economic and Financial Crimes Commission (EFCC), Mr Abdulrasheed Bawa, at the State House, Abuja.

President meets new EFCC chairman

President Muhammadu Buhari, on Thursday, met with the new Chairman of Economic and Financial Crimes Commission (EFCC), Mr Abdulrasheed Bawa, at the State House, Abuja.

Olisa Metuh: My detention experience taught me a great lesson

Chief Olisa Metu, former national publicity secretary of the Peoples Democratic Party (PDP) says his recent experience in detention has taught him a ‘great lesson’.
The Anti-Corruption and Research-Based Data Initiative, ARDI, has expressed satisfaction with the confirmation of Mr Abdulrasheed Bawa by the Senate as the substantive Chairman of the Economic and Financial Crimes Commission, EFCC.

ARDI: Abdulrasheed Bawa best for anti-graft war

The Anti-Corruption and Research-Based Data Initiative, ARDI, has expressed satisfaction with the confirmation of Mr Abdulrasheed Bawa by the Senate as the substantive Chairman of the Economic and Financial Crimes Commission, EFCC.
The Progressive Students’ Movement (PSM), has lauded the National Assembly for the speedy confirmation of Mr Abdulrasheed Bawa as Chairman of Economic and Financial Crime Commission (EFCC).

National Assembly hailed for confirming Abdulrasheed Bawa as EFCC chairman

The Progressive Students’ Movement (PSM), has lauded the National Assembly for the speedy confirmation of Mr Abdulrasheed Bawa as Chairman of Economic and Financial Crime Commission (EFCC).
Economic and Financial Crimes Commission - EFCC.

EFCC charges two bank staff over N197.2 million fraud

The Economic and Financial Crimes Commission (EFCC), has slammed a 21-count charge against two female staffers of Access Bank Plc.
The Economic and Financial Crimes Commission (EFCC) Tuesday night denied reports that the Chairman-designate, Abdulrasheed Bawa, was arrested and detained by the agency under former Chairman, Ibrahim Magu, over illegal sale of 244 forfeited trucks.

New EFCC chairman denies wrong doing

Mr Abdulrasheed Bawa, new Chairman of Economic and Financial Crimes Commission (EFCC) has denied selling recovered assets while serving as Port Harcourt Zonal Officer of the commission.
The Economic and Financial Crimes Commission (EFCC) Tuesday night denied reports that the Chairman-designate, Abdulrasheed Bawa, was arrested and detained by the agency under former Chairman, Ibrahim Magu, over illegal sale of 244 forfeited trucks.

Abdulrasheed Bawa: What Ibrahim Magu told me after my appointment

Abdulrasheed Bawa, Chairman of the Economic and Financial Crimes Commission (EFCC), says he has a cordial relationship with Ibrahim Magu, former acting chairman of the anti-graft agency.
President Muhammadu Buhari has written formally to the Senate seeking its confirmation of Mr Abdulrasheed Bawa as substantive Chairman of the Economic and Financial Crimes Commission (EFCC).

Nigeria’s Senate approves president’s nominee for anti-corruption chief

Nigeria’s senate on Wednesday unanimously approved a new anti-corruption chief nominated by President Muhammadu Buhari.
The Economic and Financial Crimes Commission (EFCC) Tuesday night denied reports that the Chairman-designate, Abdulrasheed Bawa, was arrested and detained by the agency under former Chairman, Ibrahim Magu, over illegal sale of 244 forfeited trucks.

Senate confirms Abdulrasheed Bawa as EFCC chair

The Senate at plenary on Wednesday approved the appointment of Mr Abdulrasheed Bawa, as the Chairman for the Economic and Financial Crimes Commission (EFCC).

N9.7 billion fraud: Court acquits ex-NAF chief on 6 out of 7-count charge

The Abuja Division of the Federal High Court, on Tuesday, discharged and acquitted the former Chief of Air Staff, Air Marshal Mohammed Umar Dikko, on six out of the seven-count money laundering charge the Economic and Financial Crimes Commission, EFCC, preferred against him.

Recent Stories

Arsenal delivered a hammer blow to Leicester's faint hopes of winning the Premier League with an impressive fightback to win 3-1 on Sunday.

Arsenal come from behind to beat Leicester

Arsenal delivered a hammer blow to Leicester's faint hopes of winning the Premier League with an impressive fightback to win 3-1 on Sunday.
Gareth Bale scored twice and made another as Spurs thrashed Burnley 4-0 in a scintillating display with the Welshman back to his best on Sunday.

Gareth Bale fires brace as Tottenham thrash Burnley 4-0

Gareth Bale scored twice and made another as Spurs thrashed Burnley 4-0 in a scintillating display with the Welshman back to his best on Sunday.
Despite denial by the Oluwo of Iwoland, Oba Abdulrosheed Akanbi, that he did not punch the Agbowu of Ogbaagbaa, Oba Dhikurulahi Akinropo, he (Agbowu), on Sunday, insisted that Oluwo punched him.

Oluwo: Insecurity in Nigeria is perennial problem

The Oluwo of Iwo, Oba Abdulrosheed Akanbi said insecurity in Nigeria is a perrenial challenge which requires a linear process to be tamed.
A Nigerian police officer holds a bunch of handcuffs in Abuja on October 3, 2020. Sodiq Adelakun-Channels TV

Police nab three ‘cultists’ in Anambra

The Police Command in Anambra say they have arrested three suspected members of different cult groups in the state.
Saudi Aramco’s multibillion-dollar share sale, likely the biggest initial public offering (IPO) in history, is officially underway after the company formally announced its plans to list stock on the Kingdom’s stock exchange, the Saudi Tadawul.

Aramco seeks one-year extension on $10 billion loan – sources

Saudi Aramco has asked banks to extend, by a year, a $10 billion loan it raised last May, two sources familiar with the matter said.

Most Popular

Euro 2020 is almost certain to be postponed in the wake of the coronavirus pandemic sweeping across the globe.

British government dismisses Euro 2020 host speculation

The British government on Friday played down suggestions that UEFA is considering staging the rescheduled Euro 2020 tournament solely in England, describing it as “speculation”.
The Nigeria Centre for Disease Control (NCDC) has announced 322 new COVID-19 cases in the country, bringing the total number of infections to 52,227.

Nigeria’s coronavirus cases top 155,000 with new cases, deaths recorded in past 24 hours

The Nigeria Centre for Disease Control has announced 600 new cases on Friday of the Coronavirus Disease in the country, bringing the total number of infections in the country to 155,076.
The Conservator-General of National Parks Service, Ibrahim Musa Goni, has lamented inadequate manpower to secure parks nationwide.

NPS calls for more manpower to secure national parks

The Conservator-General of National Parks Service, Ibrahim Musa Goni, has lamented inadequate manpower to secure parks nationwide.
WhatsApp is launching a new fact-checking service in India ahead of the country’s upcoming elections.

India sets stricter rules for social media giants

India has announced new regulations for social networks and other web services in the country, particularly “significant social media” companies with large user bases, like Facebook and Twitter.
FILE PHOTO - U.S. Vice President Joe Biden (L) and Israeli Prime Minister Benjamin Netanyahu look at each other as they deliver joint statements during their meeting in Jerusalem March 9, 2016. REUTERS-Debbie Hill-Pool-File Photo

Israel to debate Iran with Joe Biden ‘below radar’ for now – radio

Israel will address disputes with the United States over Iran “below the radar” for now, a top Israeli broadcaster said on Tuesday, citing sources involved in a strategising session convened by Prime Minister Benjamin Netanyahu.