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Inter-Governmental Action Group Against Money Laundering in West Africa

Central bank apologises for cashless policy inconveniences

The Central Bank of Nigeria (CBN) has apologised to bank customers for the inconveniences the reintroduced cashless policy will cause.

Nigeria back as an active member of Egmont Group

Following the lifting of Nigeria’s suspension from the Egmont Group of Financial Intelligence Units last Wednesday, the country is now back as an active member and has been reconnected to the Egmont Secure Website (ESW).

Federal government begins moves to de-register ‘deviant’ NGOs

The Federal Government has begun the profiling of about 100 non-governmental organisations, with the aim of de-registering those of them that have “deviated” from their mandate.

Bankers aid money laundering in Nigeria – Nuhu Ribadu

The First Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Nuhu Ribadu, has said several money laundering frauds happen in Nigeria with the active connivance of banks and their workers.

ECOWAS validates tools for common custom framework

ECOWAS Ministers of Finance have validated draft integration instruments meant to enhance a common customs framework for the region.

Nigeria committed to stopping terrorist financing in Africa – VP Yemi Osinbajo

Nigeria has pledged its commitment to curbing terrorist financing and money laundering in Africa through effective regional cooperation.

Nigeria being frustrated in looted funds repatriation – VP Yemi Osinbajo

Vice-President Yemi Osinbajo, on Saturday, expressed Nigeria’s frustration in its efforts to repatriate its stolen funds stashed in many developed nations.

Money laundering is West Africa’s greatest existential threat – VP Yemi Osinbajo

Vice President Yemi Osinbajo said on Saturday in Abuja that money laundering posed serious threat to crucial existential issues in West Africa, stressing that the menace needs to be tackled with utmost unity and determination.

Nigeria’s EGMONT suspension setback for anti-graft war – Yakubu Dogara

The Speaker of the House of Representatives, Mr. Yakubu Dogara, has said that the suspension of Nigeria from the EGMONT Group is a setback to the Federal Government’s anti-corruption war.

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The former spokesperson for the Peoples Democratic Party, Olisa Metuh, will appeal his conviction and sentencing handed by the Federal High Court in Abuja Tuesday, his lawyer said.

Jailed former PDP spokesperson Olisa Metuh’s lawyer vows to appeal judgement

The former spokesperson for the Peoples Democratic Party, Olisa Metuh, will appeal his conviction and sentencing handed by the Federal High Court in Abuja Tuesday, his lawyer said.

NERC orders metering of electricity consumers by April 30

The Nigerian Electricity Regulatory Commission (NERC) has directed the Distribution Companies (DisCos) to ensure that electricity consumers are metered by April 30.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Three teachers arrested for defiling teenage students in Ekiti

The campaign against sexual harassment and abuse in Ekiti has claimed its first casualties as three teachers of two secondary schools were arrested by the officers of the Ekiti State Police Command on Tuesday.
Nigerian table tennis player, Cecilia Edem Effiong.

Minister hails taekwondo, table tennis qualifiers

Minister of Youth and Sports Development, Mr. Sunday Dare, has applauded Elizabeth Anyanacho, who is the first Nigerian female to qualify for Taekwondo in 16 years and second female ever Taekwondo Olympian for the country as well as table tennis player, Cicilia Edem Effiong.

Hisbah apprehend woman for marring two husbands in Kano

A 37 years old woman identified as Hauwa Ali has been apprehended by the Hisbah Corps (Shariah police) for marrying to two husbands in Kumbotso local government area of Kano State.