How NGOs aid terrorism, illegal financial flows, by NFIU
The Nigerian Financial Intelligence Unit (NFIU) has called for effective regulation of non-governmental organisations (NGOs) to check illicit financial flows (IFFs) and terrorism financing in the country.
NFIU seeks collaboration with NBA in anti-corruption war
The National Financial Intelligence Unit (NFIU) is seeking collaboration with the Nigerian Bar Association (NBA) in the anti-corruption war.
#EndSARS aftermath and hypocrisy of FG
The Federal Government should indeed be worried by the growing loss of public confidence in its sincerity to address genuine demands of the EndSARS protests.
EFCC witness insists Adoke’s $2.2m loan repayment transparent
A witness called yesterday by the Economic and Financial Crimes Commission (EFCC), Mr Rislanudeen Mohammed, told the Federal High Court, Abuja, that the $2.2 million transactions in respect of the liquidation of a loan obtained by former Attorney General of the Federation (AGF) and Minister of Justice, Mr Bello Adoke (SAN), was transparent. The witness,…
Legal experts lament COVID-19 impact on Nigeria’s economy
Stakeholders at the 14th yearly electronic conference of the Nigeria Bar Association Section on Business Law (NBA-SBL) have stated that Nigeria is facing significant attrition in both Foreign Portfolio Investment (FPIs) and Foreign Direct Investment (FDIs) since the COVID-19 pandemic started.
Lawmaker appeals for speedy trial of corruption cases
The member representing Etinan-Nsit Ibo/Nsit Ubium Federal Constituency and Chairman, House Committee on Judiciary, Mr Onofiok Luke, has advocated for a time limit for the trial of corruption-related
Cross River State to use N4.5b council funds for airport project
In spite of restrictions by the Nigeria Financial Intelligence Unit (NFIU), the Cross River State Government has ordered the release of N4.5b from council funds to purchase aircraft and build the Obudu International Passenger and Cargo Airport.
Unending wait for financial autonomy for local council
Last year, the Nigerian Financial Intelligence Unit (NFIU) stirred the hornet’s nest when it issued guidelines that barred governors from interfering with statutory allocation accruing to local councils from the Federation Account.