FG begins repair of Sango-Otta road

The Kogi State House of Assembly, during plenary on Tuesday, has asked the Economic and Financial Crimes Commission (EFCC) to remove the ‘wanted’ tag that it placed on Yahaya Bello, the immediate past governor of the state. EFCC declared Bello alongside Ali Bello, Dauda Suleiman and Abdulsalam Hudu on 19-count charges bordering on money laundering…

The chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has accused the former Kogi state Governor, Yahaya Bello, of withdrawing $720,000 from state's account to pay for his child’s school fees in advance. Olukoyede disclosed this during a press briefing on Tuesday, April 23. "A certain governor, because he knows he is…

The Economic and Financial Crimes Commission (EFCC) has frozen over 300 accounts over suspicious forex flows. The EFCC chairman, Ola Olukoyede, who stated this on Tuesday said the agency discovered a new financial scheme that poses a significant threat to the stability of the foreign exchange market. According to Olukoyede, the scheme, known as the…

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has vowed to resign his position if former Kogi State governor Yahaya Bello is not prosecuted. Olukoyede said this in a chat with journalists at the EFCC Headquarters in the Jabi area of Abuja on Tuesday. The EFCC is seeking to arraign Bello…

Former Minister of Aviation, Hadi Sirika, has been apprehended by the Economic and Financial Crimes Commission (EFCC) over an alleged N8 billion fraud. The PUNCH reports EFCC arrests Sirika over N8bn Nigeria Air fraud that Sirika got to the EFCC's Federal Capital Territory (FCT) Command in Abuja around 1pm on Tuesday. Sirika is currently being…

Gov. Nasir Idris of Kebbi has released N309.5 million for the payment of foreign scholarships to 86 indigenes studying in India and Egypt. The Commissioner for Higher Education, Alhaji Isah Abubakar-Tunga, made this known at a news conference in Birnin Kebbi on Tuesday. The commissioner said “Gov. Nasir Idris has made payment of foreign scholarship…

Dangote Oil and Petroleum Refinery has once again slashed the prices of diesel and aviation fuel. Dangote on Tuesday announced a further reduction in the prices of both diesel and aviation fuel to N940 and N980 per litre respectively. This latest round of reductions is coming about two weeks after the company slashed the price…

Flutterwave is ready for an initial public offering (IPO), says CEO, Olugbenga ‘GB’ Agboola (Right)[/caption] Nigeria’s top company in the financial technology sector, Flutterwave, has rolled out plans for an initial public offering (IPO). This was disclosed by the chief executive of Flutterwave, Olugbenga ‘GB’ Agboola, at Semafor’s World Economy Summit in Washington D.C. on…

A Federal High Court, Abuja, on Tuesday, fixed May 10 for ruling on an application by former Governor of Kogi, Alhaji Yahaya Bello, seeking an order of setting aside the April 17 arrest warrant issued against him. Justice Emeka Nwite fixed the date after counsel for the Economic and Financial Crimes Commission (EFCC), Kemi Pinheiro,…

The Nigerian government has said that every Nigerian borrower who goes for made-in-Nigeria product would get better terms on their credit facility. This was revealed by President Bola Tinubu's spokesperson Ajuri Ngelale during in an interview on TVC. "The president has put in a stipulation that we are going to be giving through the Consumer…