A woman who together with her husband ran a nearly $1 billion solar investment scam has been sentenced to 11 years and three months in prison, justice officials in California said Tuesday. Paulette Carpoff, 51, had led a vast pyramid scheme with her husband Jeff between 2011 and 2018, attracting almost 20 investors who thought…
9 mins ago
The National Association of Nigerian Students (NANS) has passed a vote of confidence in Aisha Dahir-Umar, the director-general and chief executive officer of the National Pension Commission (PenCom). Speaking at a press conference on Wednesday, the NANS Senate President, Attah Felix Nnalue, admitted that the union’s recent Freedom of Information (FOI) letter on the alleged…
26 mins ago
To boost the fight against money laundering, terrorism financing and proliferation financing, the Nigeria Security and Civil Defence Corps, (NSCDC), has partnered with the Nigerian Financial Intelligence Unit, (NFIU), the Economic and Financial Crimes Commission, (EFCC), and the Independent Corrupt Practices Commission, (ICPC), to track proceeds of crude oil theft.
47 mins ago
Minister of State, for Science, Technology and Innovation, Chief Henry Ikechukwu Ikoh, on Wednesday said Nigeria's dwindling revenue base and an upsurge in the foreign exchange rate was a development that calls for serious concern.
2 hours ago
The Minister of Information and Culture, Lai Mohammed, has officially extended an invitation to all member states of the United Nations World Tourism Organization (UNWTO) to the first-ever UNWTO Global Conference on Tourism, Culture, and Creative Industries, to be held in Lagos between November 14 and 16. The Minister gave the invitation to member states…
3 hours ago
There are strong indications that the Federal Government may have failed in its policy and regulatory direction towards harnessing existing 14,120MW of exploitable hydropower despite the country’s gross energy deficit.