THE Special Control Unit Against Money Laundering, SCUML, of the Economic and Financial Crimes Commission, EFCC, has sought improved collaboration between the Commission and Self-Regulatory Organisations, SROs, in the fight against money-laundering and terrorism financing in Nigeria. Speaking during a…
Gov. Dapo Abiodun of Ogun on Thursday assured that he would neither slash workers’ salaries nor reverse the recently signed minimum wage in the state inspite of the harsh economic realities in the country. Abiodun gave the assurance in Abeokuta…
THE National Broadcasting Commission (NBC) has directed Channels TV and Inspiration FM Lagos to pay a fine of N5 million each for infractions of the Nigeria Broadcasting Code. Prof. Armstrong Idachaba, the Acting Director-General of the commission, announced this in…
DAYS after, sending out an earlier letter to the Minister of Finance, Zainab Ahmed prohibiting the importation of sugar from free trade zones, in Nigeria, the Minister of Trade Industries and Investment, Adeniyi Adebayo has backtracked and reversed himself. Adebayo,…
NO fewer than 28 states are likely to experience severe flooding this year, the Minister of Water Resources, Suleiman Adamu announced on Thursday. Adamu dropped the hint at the public presentation of the 2021 Annual Flood Outlook (AFO) of the…
THE financial result of Jaiz Bank Plc for the first quarter ended 31 March 2021 released to the Nigerian Stock Exchange, shows that the Bank’s gross revenue increased by 43% over the same period last year, from N4.18 billion to…
THE Rice Processors Association of Nigeria (RIPAN) has thrown its weight solidly in support of the Nigeria Customs Service for raiding markets in Ibadan, Oyo State, and confiscating rice allegedly smuggled into the country. Addressing a press conference in Abuja…
THE Economic and Financial Crimes Commission wishes to inform the general public that it has not issued any notice in the social media promising financial reward for anyone with information that could lead to the arrest of a Yahoo Boy.…
THE auditing of the finances of the Nigerian Ports Authority (NPA) between 2016 and 2020 as suggested by the Minister of Transportation, Rotimi Amaechi and approved by President Muhammadu Buhari will be used to implicate the suspended Managing Director of…
PRESIDENT Muhammadu Buhari has suspended Hadiza Bala Usman as the Managing Director of the Nigerian Ports Authority. The president immediately appointed Mohammed Koko, the director of finance to replace Ms Usman. While Ms Usman said she was aware of her…
