Month July 2024

South African Bank Scandal Leader Sentenced To 15 years

TSHIFHIWA Matodzi, the key figure behind the $130 million VBS Mutual Bank scandal that rocked South Africa, has been sentenced to 15 years in prison. Matodzi, the former chairperson of VBS Mutual Bank, pled guilty to 33 charges, including corruption, theft, fraud,…

Nigerian Parliament Investigates Samoa Agreement Over Clauses

THE Nigerian parliament has called for an investigation into the Samoa Agreement, a pact signed with the European Union, after media reports suggested some clauses could promote same-sex relationships. Nigerian authorities have denied these claims and threatened legal action against the…

Flood: DG NEMA Inaugurates Emergency Coordination Centre

By Inusa Ndahi, Maiduguri THE Director General National Emergency Management Agency (NEMA), Mrs. Zubaida Umar has yesterday inaugurated Emergency Operations Centre (EOC) to coordinate timely deployment of resources for search and rescue following increasing incidents of flood in parts of…

EFCC, NOUN to Review MoU For Enhanced Collaboration

THE Economic and Financial Crimes Commission, EFCC,  and the National Open University of Nigeria, NOUN, have reached an agreement to re-strategise and come up with a more mutually-beneficial Memorandum of Understanding, MoU to strengthen the fight against economic and financial…