Home Topics Funds

Funds

Kwara State Governor Abdulraham Abdulrazaq

Panel tasks Kwara government to publish local councils expenditure, revenue

A panel of inquiry set up to probe the accounts of the 16 local government areas in Kwara State has recommended that the government should ensure monthly publication of wage bill, revenue, and expenditure at the state and local government levels.
The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

EFCC re-arraigns ex-minister for ‘fraud’

The Economic and Financial Crimes Commission (EFCC) on Monday re-arraigned a former Minister of Special Duties and Intergovernmental Affairs, Kabiru Turaki, at the Federal High Court, Abuja, for alleged fraud.

NCC notifies Nigerians on internet scam

The Nigerian Communications Commission has notified Nigerians on the increasing incidents of fraud across various internet platforms, especially on social media networks.

Transportation University will boost technology transfer – minister

The Minister of Transportation, Mr Rotimi Amaechi, has said that the University of Transportation being constructed at Daura, Katsina State, would boost the transfer of technology from China to Nigeria.
The National Youth Service Corps (NYSC) has deployed 1,400 corps members to Gombe State for the 2019 Batch B Stream II orientation course.

NYSC vows to prosecute ‘fraudulent’ corps members

Director-General, National Youth Service Corps, Brig-Gen Ibrahim Shuaibu, has said the scheme would prosecute those who attempted to illegally participate in its programme or had participated in the past through fraudulent means when discovered.
Niger Delta Development Commission (NDDC)

ICPC quizzes NDDC officials over N5.4 billion virus fund, others

The Independent Corrupt Practices and Other Related Offences Commission has quizzed top management staff of the Niger Delta Development Commission and recovered documents on the diversion of funds, procurement fraud and misappropriation of N5.4 billion COVID-19 fund by the officials.

Resumption: Nigerian government urged to release coronavirus protocol funds directly to schools

As schools open after months of lockdown following the outbreak of the COVID-19 pandemic, the Nigeria Academy of Education (NAE), has advised government to release adequate funds directly to schools to provide the needed care for students.

Court adjourns Senator Jang’s ‘N6.3 billion fraud’ case

A Plateau State High Court in Jos on Wednesday adjourned the alleged N6.3bn fraud case filed against former Governor Jonah Jang and a former cashier, Yusuf Pam, until November 4.
Niger Delta Development Commission (NDDC)

House of Reps uncover how NDDC spent N81 billion in four months without projects

The House of Representatives, on Wednesday, uncovered the numerous spendings by the Interim Management Committee (IMC) of the Niger Delta Development Commission (NDDC) from February to May 2020.

EFCC: More troubles for Ibrahim Magu as new facts on re-looting of recovered funds,...

The suspended acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu, may be facing fresh cases of alleged re-looting of funds recovered by the commission as well as bribery.
President Donald Trump said Friday he was severing US ties with the WHO, accusing it of failing to do enough to combat the initial spread of the virus.

Mary Trump: Donald Trump hired impersonator to take admission exam for him

The United States President, Donald Trump, paid his way out of high school, hiring someone else to take an aptitude test for him, his niece, Mary Trump, reveals.
According to the Federal Bureau of Investigation, the suspects are Richard Uzuh, Micheal Olorunyomi, Alex Ogunshakin, Felix Okpoh, Nnamdi Benson and Abiola Kayode.

US indicts six Nigerians over $6 million fraud

The United States on Tuesday exposed six Nigerians over alleged internet fraud worth more than six million dollars.
Adejoke Orelope-Adefulire, the SSA to the President on SDGs, gave the charge at the official launch of the ‘World’s Largest Lesson Nigeria Family Activation’ ceremony on Wednesday in Abuja.

Presidency denies reports of missing N23 billion in SDGs’ Office

The presidency has denied the allegation that N23 billion said to be missing in the Office of the Senior Special Assistant to the President on Sustainable Development Goals (SDGs) was traced to the personal account of a former staff of the office.
Bauchi state governor, Bala Mohammed has lamented how the novel Coronavirus has hindered preparations for local government elections in the state.

Bauchi governor sacks director over alleged financial scam

Gov. Bala Mohammed of Bauchi State has sacked the Director Establishment and Service Bureau in the office of the state Head of Service over alleged swindling of funds.

Official: ICPC investigating cases of coronavirus fraud

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it is investigating alleged cases of corruption in the management of COVID-19 funds and palliatives.
Rivers State Governor Nyesom Wike

EFCC: Rivers officials withdrew N118 billion in cash in three years

The Economic and Financial Crimes Commission is requesting for interrogation three officials of Rivers State Government, who are implicated in the alleged illegal withdrawal of N118bn public funds.
Africa’s richest businessman, Aliko Dangote, has donated a mobile testing centre with the capacity to test 400 people for COVID-19 daily, to the Kano State Government.

Aliko Dangote donates N1.5 billion to Nigeria/UN coronavirus basket fund

The Aliko Dangote Foundation (ADF) has donated N1.5 billion ($3.8 million) to the ‘Nigeria/United Nations COVID-19 Basket Fund’ to boost the fight against the novel coronavirus disease.

Zenith Bank records N166.8bn gross earnings in Q1 2020

Zenith Bank Plc said it recorded gross earnings of N166.8 billion for the first quarter ended March 31st 2020 (Q1’2020), representing six percent increase from N158.1 billion in the corresponding quarter of 2019 (Q1’2019).

Recent Stories

The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police lay siege on Delta hotel, denies NGO from holding meeting

Authorities of the Nigeria Police Force, on Friday, deprived an NGO, Brothers Across Nigeria, BAN, from holding her General Assembly at a popular Delta hotel in Ughelli, as armed police officers laid siege around the premises of Wetland Hotel.
Samuel-Kalu

Gernot Rohr backs Samuel Kalu to rediscover best form at Bordeaux

Nigeria head coach Gernot Rohr has backed Samuel Kalu to rediscover his best form for club and country.
Chief of the Air Staff, Sadique Baba Abubakar and Minister of Humanitarian Affairs, Sadiya Umar Faruk.

Associate disputes ‘marriage’ between NAF chief, minister

As news continued to spread on the purported marriage between the Nigerian Chief of the Air Staff, Sadique Baba Abubakar, and the Minister of Humanitarian Affairs, Sadiya Umar Farouq, a VOA Hausa report has quoted a close friend of the Air boss describing the report as false.
Five Republican US senators have confronted Netflix over the streaming giant’s plan to adapt a Chinese sci-fi book trilogy, expressing concern over the original author’s comments about claims of forced labor in Xinjiang.

US Republican senators confront Netflix over Chinese sci-fi show

Five Republican US senators have confronted Netflix over the streaming giant’s plan to adapt a Chinese sci-fi book trilogy, expressing concern over the original author’s comments about claims of forced labor in Xinjiang.
Head of Civil Service of the Federation, Dr Folasade Yemi-Esan, whose appointment was confirmed last week by President Muhammadu Buhari, also reiterated her commitment to giving focal and priority attention to capacity building.

Nigerian government urges workers to ignore planned strike

The federal government has urged public servants to ignore the strike planned for Monday by organized lab our, saying efforts are in place to resolve all contending issues.