GSM Operators, Others Resolve Dispute On USSD Billings
Joint Press Statement Issued By CBN, NCC To That Effect
Category Business/Economy
N24bn Police Pension Fraud: Court Admits More Evidence Against Defendants
The trial of Atiku Abubakar Kigo alongside five others before Justice Hussien Baba of the FCT High Court, Maitama, Abuja, continued on Tuesday, March 16, 2021 with the judge admitting in the evidence, documents which the prosecution had sought to tender at the…
Nigerian Govt Apologises Over Fuel Price Hike Debacle
THE Nigerian government has apologised for the increase in price of petrol earlier announced by the Petroleum Products Pricing Pricing Authority (PPPRA) on Friday, saying the hike is completely untrue. Timipre Sylva, minister of states for petroleum, who stated this…
Two Men Arrested By NSCDC For Raping Minors
The Uyo Zonal Office of the Economic and Financial Crimes Commission EFCC, on Thursday, March 11, 2021 secured the conviction and sentencing of one Ebe Aniekeme Okokon, before Justice Archibong Archibong of the State High Court sitting in Uyo, Akwa…
Alleged Scammer Who Obtained $8,000 in Fraudulent US Covid-19 Benefit Remanded in EFCC Custody
Collins Samuel, an alleged fraudster who obtained $8000USD as Covid-19 benefit from the US state of Virginia, has been remanded in EFCC custody by Justice P. Mallong of the Federal High Court sitting in Kaduna, Kaduna State. Samuel was remanded,…
Buhari Inaugurates NDDC Building 25 Years After
President Muhammadu Buhari on Thursday inaugurated the headquarters building of the Niger Delta Development Commission (NDDC), 25 years after the groundbreaking ceremony. The president, who virtually inaugurated the building from the Council Chamber of the State House, Abuja, commended the…
EFCC Arrests 14 Over Internet Fraud In Lagos
Operatives of the Economic and Financial Crimes Commission, EFCC, Lagos Zonal Office, have arrested 14 suspects for their alleged involvement in computer-related fraud in Lagos The suspects are: Azeez Oluwatimileyin, Stephen Abu, Gbolahan Abbas Ridwan, Oyenowo Steven, James Silas Didam,…
EFCC Arraigns Three FIRS Directors, Six Other Officers for N4.5bn Fraud
The Economic and Financial Crimes Commission, EFCC on Thursday, March 11, 2021 arraigned Peter Hena, Former Coordinating Director of Federal Inland Revenue Service, FIRS and eight other officers of the agency before Justice Ijeoma Ojukwu of a Federal High Court…
‘Three Reasons Why Fed Govt Can’t Claim £4.2m Ibori Loot’
A Lagos-based lawyer, Chukwudi Enebeli, has given three reasons why the Federal Government is not entitled to the £4.2 million expected from the United Kingdom as part of looted funds recovered from former Delta Governor James Ibori. Enebeli, partner in…
Four Suspected Illegal Petroleum Dealers Handed Over To EFCC In Uyo
The Uyo Zonal Office of the Economic and Financial Crimes Commission, EFCC, has taken over the investigation of four suspected illegal dealers in petroleum products. The suspect and the 35 (300 litre capacity) drums of suspected premium motor spirit, PMS;…