Tinubu and Obazee Jim Obazee, Chief Executive Officer of the Financial Reporting Council of Nigeria (FRC), has concluded his investigation on the Central Bank of Nigeria (CBN) and submitted his report to President Bola Tinubu. Tinubu, who received the report on Friday thanked Obazee for his services as the Special …
Read More »VIDEO: Bobrisky pleads guilty to naira abuse charges
Bobrisky Controversial personality Idris Okuneye, famously known as Bobrisky, has admitted to the offense of abusing Nigerian currency. The Economic and Financial Crimes Commission (EFCC) lodged six charges against Bobrisky, including accusations of money laundering and abuse of the naira. According to the charge sheet presented by EFCC Prosecutor Rotimi Oyedepo, …
Read More »Nigerians Should Expect More Increase In Electricity Tariff – FG
The Bola Tinubu-led Federal Government has called on Nigerians to expect an increase in electricity tariffs. The Minister of Power, Adebayo Adelabu, made this known while speaking at a press briefing in Abuja on Friday. He said the recent increase in electricity tariff by the Nigerian Electricity Regulatory Commission (NERC) for …
Read More »3rd Mainland Bridge Upgrade: Popular Prophet Lauds Developments
The recent rehabilitation and upgrade of the 3rd Mainland Bridge,has been commended by popular Lagos cleric,Prophet Israel Oladele Genesis. He gave the commendation at the international headquarters of his church,Genesis Global international situated at Duro Ishola street,off Dalemo Alakuko area of Lagos State on Friday 4th of April 2024. While …
Read More »Bobrisky To Be Arraigned Friday For Alleged N180.7m Laundering, Abuse Of N490k
The Economic and Financial Crimes Commission (EFCC) will Friday, April 5, 2024, arraign popular cross-dresser, Idris Okuneye aka Bobrisky, at the Federal High Court (FHC) in Lagos over naira abuse and failure to declare his firm’s activities involving the sum of N180.7million. The anti-graft agency filed the charge against …
Read More »Nigerian Court Adjourns Binance Tax Evasion Case Till April 19
The Federal Inland Revenue Service had dragged Binance and its two officials, Tigran Gambaryan and Nadeem Anjarwalla to court over allegations bordering on tax evasion on Thursday. The tax evasion suit filed against Binance Holdings Limited and two of its executives by the Nigerian government has been adjourned to …
Read More »Naira appreciates further at official market, gains 1.23%
…Naira gains N15.73 The Naira gained further at the official market, trading at N1,262.85 to a dollar on Wednesday. Data from the official trading platform of the FMDQ revealed that the Naira gained N15.73. This represents a 1.23 percent appreciation when compared to the previous day’s trading on Tuesday, exchanging …
Read More »Detained Binance Executive, Gambaryan Appears In Nigerian High Court For Arraignment Over ‘Tax Evasion’
Gambaryan, the company’s head of financial crime compliance, arrived at the Federal High Court in Abuja on Thursday morning for his arraignment. The Nigerian government is set to arraign Binance Holdings Limited and its two officials, Tigran Gambaryan and Nadeem Anjarwalla on allegations bordering on tax evasion and money laundering …
Read More »Fraud: NACAT urges NASS, EFCC to investigate ex-NEMA boss, NDDC directors, others
EFCC office The Network Against Corruption and Trafficking Initiative (NACAT) yesterday called on the National Assembly and the Economic and Financial Crimes Commission (EFCC) to expedite the probe of officials of National Emergency Management Agency (NEMA), National Defence College (NDC) the Nigerian Nuclear Regulatory Authority (NNRA), among others, following its …
Read More »South Africa’s Former Speaker Hands Self Over To Police Over Corruption Probe
SABC News reported on Thursday morning that the former Speaker had arrived at Lyttelton police station in a convoy. South Africa’s former Speaker of Parliament Nosiviwe Mapisa-Nqakula has handed herself over to the police. SABC News reported on Thursday morning that the former Speaker had arrived at Lyttelton police station …
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