EFCC secures forfeiture of another $300,000

The Economic and Financial Crimes Commission (EFCC) has secured the final forfeiture of $300,000, belonging to a Chinese, Li Yan Pin, to the Federal Government of Nigeria. The forfeiture order was granted by Justice Babatunde Quadri of the Federal High Court, Abuja. But the judge spared him a jail term because …

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OVER 9.5 MILLION NIGERIANS USE FIRSTBANK’S *894# USSD BANKING SERVICE

  Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited has announced that its *894# Unstructured Supplementary Service Data (USSD), Quick Banking service has hit over 9.5 million customers. This is in clear demonstration of its acknowledged leadership in electronic Banking. The Bank’s USSD banking service, launched in January 2015, is an easy to use, convenient, fast, user-friendly mobile banking channel through which various banking activities are carried out on a mobile …

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EFCC reacts to Supreme Court judgement on Orji Kalu

The Economic and Financial Crimes Commission, EFCC, has reacted to Fiday’s judgment of the Supreme Court, which voided the conviction of former governor of Abia State, Orji Uzor Kalu over an alleged N7.1 billion fraud. The apex court nullified the judgement on Friday on the basis that the Federal High Court in Lagos acted …

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COVID-19: Nigeria records 195 new cases, 82 in Lagos, 30 in Kano

The Nigeria Center for Disease Control (NCDC) on Wednesday night confirmed 195 new cases of COVID19. According to a tweet from the NCDC, Lagos State recorded 82 cases, 30 in Kano, 19 in Zamfara, 18-Sokoto 10-Borno, 9-FCT, 8-Oyo, 5-Kebbi, 5-Gombe, 4-Ogun, 3-Katsina, 1-Kaduna, 1-Adamawa. As it stands, the total number of confirmed cases in Nigeria are 3145, with 534 …

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