Beneficial Ownership
18 Apr 2024
Stakeholders in the anti-corruption sector have declared that Nigeria's fight against financial crimes might be taking a significant leap in the right direction with the implementation of beneficial ownership information.
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5 mins ago
The Central Bank of Nigeria (CBN) has announced a review on the transaction fees for automated teller machines (ATMs) to address the rising operational costs and enhance efficiency in the banking sector. A review of ATM transaction charges was last done in 2019 when the fee was reduced to N35 from N64 per withdrawal. According…
8 mins ago
On September 1, 1999, Comrade Moses Oisakede, former President of the National Association of Nigeria Students (NANS), died in a fatal motor accident. Oisakede met his untimely death on his way to the Federal University of Agriculture, Makurdi, Benue State, to resolve the expulsion of 104 students who were protesting the poor condition of their…
11 mins ago
Britain is "engaging" with the United States on the detail of President Donald Trump's steel tariffs, Prime Minister Keir Starmer's spokesman said Tuesday, in contrast to firm responses by Canada and the European Union. "We are engaging with our US counterparts to work through the detail," the spokesman said after Trump signed executive orders to…
21 mins ago
Jordan's King Abdullah II faces a tense meeting with Donald Trump at the White House Tuesday as he leads opposition from Arab nations to the US president's controversial Gaza takeover plan. The talks come a day after Trump said he could "conceivably" halt billions of dollars in US aid to both Jordan and Egypt if…
21 mins ago
Saudi authorities have freed Salma al-Shehab after completing her sentence over tweets criticising the government, rights groups said, marking the latest such release of an activist in recent months. "Saudi PhD student Salma al-Shehab has now been released from prison!" the London-based ALQST for Human Rights said in a post on X on Monday. "This…
27 mins ago
Norsk Folkehjelp, a major Norwegian aid group that specialises in demining operations, said Tuesday it would let go 1,700 workers in 12 countries following a US decision to freeze foreign aid payments. It is the second major Norwegian charity in two days to cut operations because of the decision by US President Donald Trump. The…
32 mins ago
A group, the Edo Odion movement, on Tuesday called on President Bola Tinubu to direct the attorney general of the federation and the inspector general of police to enforce local government autonomy in Edo State. The group also disclosed that using finance as a tool for political coercion undermines democracy, weakens local governance, and erodes…
37 mins ago
The Edo State Government has expressed concern over the infrastructural deficit in the primary and secondary education sectors. The Chairman of Edo State Universal Basic Education Board (ESUBEB), Mrs. Onomen Goodness Briggs, expressed the state's concern during her inspection of ongoing projects in some schools in Edo South Senatorial District. Briggs was accompanied by Mrs.…
44 mins ago
Operatives of the Rivers State Police Command have arrested a 35-year-old notorious cultist and armed robbery suspect identified as Innocent Chigozie, who had been terrorizing farm lands at Uzo Afor road in Okahia Community, Elele, Etche LGA. The suspect, who is the leader of a cultist gang, was arrested on January 30, 2025, at about…
47 mins ago
A Swedish court on Tuesday sentenced a 52-year-old woman to 12 years in prison on genocide charges, in the country's first court case over crimes committed by the Islamic State (IS) group against the Yazidi minority. Accused of keeping Yazidi women and children as slaves at her home in Syria in the winter and spring…