Security and judicial stakeholders in Niger State have pledged to support the Economic and Financial Crimes Commission (EFCC) through enhanced intelligence sharing and collaboration to combat economic and financial crimes. The commitment was made during a familiarisation visit by the Acting Director of the EFCC Kaduna Zonal Directorate, Bawa Usman Kaltungo, to heads of security…
Korede Abdullah in Lagos Nigeria’s inflation rate surged to 24.23 percent in March 2025, according to the latest Consumer Price Index (CPI) released by the National Bureau of Statistics (NBS) on Tuesday. This marks the first increase since the CPI was rebased in January 2025, following a short period of relative stability. The new figure…
The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Adamu Aliyu, SAN, has urged African nations to adopt strategic diplomacy in their engagements with the global North to effectively combat the challenges of Illicit Financial Flows (IFFs) and facilitate the repatriation of stolen assets. Dr. Aliyu made this call…
Korede Abdullah in Lagos In a renewed effort to achieve a cleaner and more sustainable Lagos, the Lagos Waste Management Authority (LAWMA) and the Environmental Health Officers Association of Nigeria (EHOAN), Lagos State Chapter, have agreed to form a joint task force. This decision was announced on Tuesday during a courtesy visit by EHOAN officials…
Fresh from implementing a N15 price reduction in its loading cost for Premium Motor Spirit, also known as petrol, the Dangote refinery has again slashed its refined products prices to make them cheaper, cutting its ex-depot rate to N835 per litre. The new price is a reduction of N30 from N865 per litre implemented six…
The Economic and Financial Crimes Commission has launched an investigation into the alleged N1.3tn frauds perpetrated through a digital investment platform, CryptoBank Exchange. CBEX, operated by a group of foreign nationals in collaboration with their Nigerian partners, reportedly collapsed on Monday, leaving thousands of investors stranded and unable to access their funds. The EFCC spokesman,…
A former governor of Kaduna State, Nasir El-Rufai, has accused President Bola Ahmed Tinubu’s administration of incompetence, nepotism and betrayal of the founding ideals of the All Progressives Congress (APC). El-Rufai, who recently dumped the APC for the Social Democratic Party (SDP), alleged that Nigeria had been moving backwards since Tinubu assumed office on May…
In Nigeria, a nation grappling with severe economic challenges, loan apps have become a go-to solution for millions seeking to navigate financial hardship. With over 100 million Nigerians living below the poverty line, according to the National Bureau of Statistics, and inflation rates reaching 34.2%, as reported by Trading Economics, many citizens face daily struggles…
The Founder, Chairman of the Governing Council, and President of the Chartered Institute of Project Managers of Nigeria (CIPMN), Dr. Mrs. Victoria Okoronkwo, has vowed to reclaim the institution using all legal means available. “I am resolute in my commitment to sanitizing the Institute”, she declared, adding, “We will exhaust every legal, institutional, and procedural…
Korede Abdullah in Lagos The Independent Corrupt Practices and Other Related Offences Commission (ICPC) is advocating for more tactical and technology-driven measures in the fight against corruption, as financial crimes continue to evolve in sophistication. This information was contained in a statement signed by the Commission’s Spokesperson, Demola Bakare, on Monday. According to the statement,…
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