Home Topics Nigerian Financial Intelligence Unit
Nigerian Financial Intelligence Unit
The bill is seeking to establish the Proceeds of Crimes Recovery and Management Agency (POCA), which will strip the Economic and Financial Crimes Commission (EFCC) and six other agencies of powers to seize assets or invoke the forfeiture clause. It has been sent to the President.
An advocacy-based Civil Society Organization, Media Initiative against Injustice, Violence and Corruption (MIIVOC), has thrown its weight behind the Nigerian Financial Intelligence Unit (NFIU) over its directive on the management of local government funds.
The National Union of Local Government Employees on Thursday called on President Muhammadu Buhari to ignore the petition written by the Nigerian Governors’ Forum seeking to stop the implementation of the recent guidelines by the Nigerian Financial Intelligence Unit on local government funds.
The governors of the 36 states, acting under the aegis of the Nigeria Governors Forum, have rejected the financial autonomy recently granted the 774 local government areas in the country.
Nigeria’s 36 governors have risen against new financial regulations which seek to end their control of local government finances.
The Nigerian Financial Intelligence Unit (NFIU) says the effective date for the new regulations on local government funds remains June 1.
The Buhari-Osinbajo campaign group `No Alternative To Buhari-Osinbajo (NATBO 2019)’ has called for the strengthening of the Nigerian Financial Intelligence Unit (NFIU) as local government councils move towards financial autonomy.
Former Deputy Governor of Plateau, Chief Jethro Akun, has said that granting financial autonomy to local government councils will propel rapid development at the grassroots level.
The Senate has thrown its weight behind financial guidelines for Local Governments recently introduced by the Nigerian Financial Intelligence Unit (NFIU).
The Nigerian Senate on Wednesday passed the Proceeds of crime bill which will now pave way for the country to become full member of the Financial Action Task Force (FATF).
Nigerian Financial Intelligence Unit, NFIU, by the Egmont Group of Financial Intelligence Unit yesterday, said it had impounded N10 billion suspected criminal funds.
Travelex Nigeria Limited at the weekend disclosed that Nigeria and other African countries “are losing over $50 billion annually through illicit financial flows.”
A Federal High Court sitting in Abuja has stopped the federal government from freezing the accounts of the Chief Justice of Nigeria, Justice Walter Onnoghen.
Chief Justice of Nigeria (CJN) Walter Onnoghen’s five bank accounts have been frozen on the orders of the Federal Government.
The Office of the Attorney-General of the Federation has asked the Nigerian Financial Intelligence Unit to freeze the bank accounts of the Chief Justice of Nigeria, Justice Walter Onnoghen.
The Sokoto State Government on Tuesday met with stakeholders on how best the state’s 2020 budget could be reviewed to include provision of Isolation Centres, screening facilities, and other costs in the management of COVID-19 pandemic in the state.
Ogunyemi was said to have killed one Moshood Babalola on 17th of February 2010 at about 10am at a village called Agbedegbede in Ile Ife, Osun State.
West Ham have been linked with a move for Michy Batshuayi.
The Federal Government, on Tuesday, said it has released a total of 7, 813 inmates from various Correctional Centers since the outbreak of Coronavirus in the country.
Rivers State Governor and Chairman, Peoples Democratic Party (PDP) National Campaign Council for Edo Governorship Election, Nyesom Wike, has said the statement credited to Kano State Governor, Abdullahi Ganduje, that he (Wike) will be quarantined, was an admission of the plot by the party to use security forces to rig the Edo State election come September 19.
Alleged international fraudster, Ramon Abbas aka Ray Hushpuppi, on Friday made his first court appearance in an American court where the Federal Bureau of Investigation alleged that he attempted to dupe an English Premier League football club of £100m (N48.4bn).
Members of the Ondo State House of Assembly have commenced the process of removing the deputy governor, Mr Agboola Ajayi.
Bauchi State governor, Senator Bala Mohammed, has announced the suspension of the Emir of Misau, Alhaji Ahmed Suleiman, following the crisis that occurred in Hardawa ward in Misau Local Government Area of the state which led to the death of nine people.
Dr Jones Stowe, the Director of Public Health and member of state COVID-19 Task Force who gave the update in a statement on Monday in Yenagoa, said the new death brought the total number of deaths in the state to 16.
The Abia State Chapter of the All Progressives Congress (APC) has congratulated Chief (Mrs) Eunice Uzor-Kalu (Odiuko n’mba) on her birthday.