Azeez

We have put in place a very successful whistleblower programme | Adeosun tells IMF, World Bank, others

Minister of Finance, Kemi Adeosun has said the Federal Government’s whistleblower policy has been largely successful. Adeosun said this on Tuesday while speaking at the IMF Spring Meetings in Washington D.C. The minister urged African governments and the international communities to collaborate in order to check illicit financial flows (IFFs). “The government is focused on... Read More

corruption, IMF, kemi Adeosun, stolen funds, Whistleblower, World Bank

Police open fire on Shi’ites protesters in Kaduna

The Police on Tuesday in Kaduna opened fire at members of the Islamic Movement in Kaduna during a peaceful protest to demand the release of Ibrahim El-Zakzaky, Daily Trust reports. The procession reportedly started along Nnamdi Azikwe western bypass express way before armed police opened fire on the protesters. An eyewitness said a female protester... Read More

Ibrahim El-Zakzaky, kaduna, open fire, police, protesters, Shi'ites

‘How Justice Ngwuta refused to declare 5 cars, 20 plots of land’

by Azeez Adeniyi The office of the Attorney-General of the Federation (AGF) has alleged that Supreme Court judge, Justice Sylvester Ngwuta possesses 28 plots of land, which he allegedly refused to declare to the Code of Conduct Bureau (CCB), The Nation reports. The allegation is contained in a 10-count charge the office of the AGF... Read More

CCB, CCT, False declaration of assets, Justice Ngwuta, money laundering, supreme court

Nigeria’s economy already out of recession – World Economics

by Azeez Adeniyi The World Economics on Tuesday said Nigeria’s economy was rising sharply and already out of recession. The London-based organisation dedicated to producing financial analysis said this in a report published on its website. It said: “April Sales Managers’ Index (SMI) data suggests that the Nigerian economy is continuing to grow out of... Read More

economy, nigeria, recession, World Economics

Patience Jonathan’s $15.5m: Firms appeal money laundering conviction

by Azeez Adeniyi Four firms convicted for laundering $15.591 million allegedly belonging to former First Lady Patience Jonathan have filed an appeal at the Court of Appeal in Lagos. The companies are: Pluto Property and Investment Company Ltd, Seagate Property Development and Investment Co. Ltd, Trans Ocean Property and Investment Co. Ltd and Avalon Global... Read More

$15.5m, appeal, EFCC, firms, money laundering, Patience Jonathan

The Big 5: These are the stories you should be monitoring today

These are the top five stories you should monitor today. ‘Seized $50m: EFCC searches Peter Obi, Mu’azu, others’ Osborne flats’ As part of investigations into the $50m recovered by the Economic and Financial Crimes Commission (EFCC), the agency has searched the apartments of the immediate past Governor of Anambra State, Peter Obi; and a former... Read More

$280m, $50m, CBN, EFCC, INEC, malabu oil deal, Mohammed Adoke

The YNaija Tracklist: I didn’t authorise Malabu oil deal – Adoke | ‘Seized $50m: EFCC searches Peter Obi, Mu’azu, others’ Osborne flats’ | More stories

From the papers this morning – a Tracklist. EFCC will decide fate of INEC RECs who received bribes – Presidency – YNaija ‘Seized $50m: EFCC searches Peter Obi, Mu’azu, others’ Osborne flats’ – YNaija I didn’t authorise Malabu oil deal – Adoke – YNaija Customs distrbute 136,476 seized bags of rice to IDPs – YNaija CBN... Read More

$280m, CBN, Dangoe, EFCC, Goodluck Jonathan, malabu oil, Mohammed Adoke, recession, The YNaija Tracklist

CBN disburses $280m to SMEs, BDCs, others

The Central Bank of Nigeria on Tuesday injected fresh $280m into various sectors of the economy. The CBN said in this a statement by its Acting Director, Corporate Communications Department, Mr. Isaac Okorafor. The apex bank said it had also commenced the weekly sale of $20,000 to Bureau De Change operators. [Read Also: CBN INTRODUCES ‘FORM... Read More

$280m, BDCs, CBN, Disburse, SMEs

I didn’t authorise Malabu oil deal – Adoke

Former Attorney-General of the Federation and Minister of Justice, Mohammed Adoke has said he did not authorise the Malabu oil deal. Adoke said this in an interview with TheCable on Tuesday. He added that he only conveyed the approval of President Goodluck Jonathan to all the parties involved in the transaction. He said, ‘’No, I... Read More

Authorise, EFCC, Goodluck Jonatha, malabu oil deal, Mohammed Adoke

Police kill alleged killer of 4 police officers, army captain

The police on Tuesday said it has killed one Endurance Ominisan, a suspected leader of a kidnapping gang that allegedly killed four policemen and an Army captain in Lagos. The police spokesperson, Jimoh Moshood, said Mr. Ominisan, a.k.a Mighty, was killed in a gun duel with police officers on April 16. Moshood said he was... Read More

Army captain, four police officers, kidnapper, killer, police

EFCC

‘Seized $50m: EFCC searches Peter Obi, Mu’azu, others’ Osborne flats’

by Azeez Adeniyi As part of investigations into the $50m recovered by the Economic and Financial Crimes Commission (EFCC), the agency has searched the apartments of the immediate past Governor of Anambra State, Peter Obi; and a former Chairman of the Peoples Democratic Party, Alhaji Adamu Mu’azu in Osborne Towers, Punch reports. According to the... Read More

$50m, Adamu Mu'azu, EFCC, flats, NIA, Osborne Towers, peter obi

Customs distribute 136,476 seized bags of rice to IDPs

The Nigeria Customs Service has distributed 136,476 seized bags of rice to Internally Displaced Persons camps across the country. NCS Public Relations Officer, Joseph Attah disclosed this in an interview with the News Agency of Nigeria on Tuesday in Abuja. Attah said it was in line with the Presidential directive on seized perishable items. “I... Read More

bags of rice, Customs, distribute, IDPs, seized

INEC

EFCC will decide fate of INEC RECs who received bribes – Presidency

by Azeez Adeniyi The Presidency on Tuesday said the fate of former Resident Electoral Commissioners of INEC who allegedly received part of N23bn allegedly distributed by former Minister of Petroleum Resources, Diezani Alison-Madueke would be decided by the Economic and Financial Crimes Commission (EFCC). Senior Special Assistant to the President on Media and Publicity, Garba... Read More

bribe, EFCC, FATE, INEC, Preidency, RECs

It may take years to rescue Chibok girls – Defence minister

by Azeez Adeniyi The Minister of Defence, Mansur Ali has said it may take years to rescue all the Chibok girls kidnapped by Boko Haram. While speaking with VOA’s Hausa service in Yola on Tuesday, Ali said the military has been searching for the girls in Boko Haram hideouts in the Sambisa forest. He added that it... Read More

Ali Mansur, Chibok girls, defence minister, rescue, years

Just In: Ethiopian Airlines arrives Abuja airport

An Ethiopian Airline aircraft has landed in the Nnamdi Azikiwe International airport in Abuja. The airplane landed at some minutes past 12pm. The traffic and sales manager of the airline, Firiehiwot Mekonnen had earlier said the aircraft will be the first to land in Abuja. Ethiopian Airlines was the only foreign airline that made use... Read More

abuja airport, Aircraft, Ethiopian Airlines

Abuja airport to reopen today – 24 hours ahead of schedule

by Azeez Adeniyi The Nnamdi Azikiwe International Airport will be open for traffic from Tuesday, the Federal Government has confirmed. Firiehiwot Mekonnen, Ethiopian Airlines’ traffic and sales manager said the airlines will land a brand new Airbus A350-900 to mark the official reopening of the airport. He told NAN that its aircraft would land in... Read More

abuja airport, Nnamdi Azikiwe Airport, Reopen, runway

‘EFCC invites ex-governor, tenants over $50m discovered in Osborne Towers’

The Economic and Financial Crimes Commission (EFCC) has invited a former governor for questioning over $50m discovered by the agency in an apartment in Lagos, The Nation reports. A source said the anti-graft agency has also probed some high-profile tenants of Osborne Towers where the funds were discovered. The source said, “The more we investigate... Read More

$50m, EFCC, Ex-Governor, invite, Osborne Towers, tenants

EFCC

We don’t know the source of $50m discovered by EFCC – CBN

by Azeez Adeniyi The Central Bank of Nigeria has said it does not know the source of $50m discovered by the Economic and Financial Crimes Commission (EFCC) at an apartment in Ikoyi Lagos. CBN spokesman Isaac Okorafor while speaking with The Nation said the apex bank only issues currencies to banks who then give them... Read More

$50m, CBN, EFCC, Ikoyi apartmwnt, source

The Big 5: These are the stories you should be monitoring today

These are the top five stories you should monitor today. Malabu oil deal: Compel Jonathan’s appearance if necessary, MEND tells Reps The Movement for the Emancipation of the Niger Delta (MEND) has urged the House of Representatives to force ex-President Goodluck Jonathan to appear before it over the controversy surrounding the OPL 245 Malabu oil... Read More

boko haram, Goodluck Jinathan, malabu oil deal, national assembly, Rann bombing, troops

The YNaija Tracklist: Troops kill 21 Boko Haram fighters, rescue 1623 captives | Osborne Towers: EFCC invites ex-governor, others | More stories

From the papers this morning – a Tracklist. Malabu oil deal: Compel Jonathan’s appearance if necessary, MEND tells Reps – YNaija Buhari’s committee already working to resolve executive-legislature rift – Presidency – YNaija Accidental bombing of Rann IDPs was due to communication gap – NAF – YNaija Buhari’s committee already working to resolve executive-legislature rift... Read More

appear, Goodluck Jonathan, House of Repa, Malabu deal, nnpc, non-remittance, Rann bombing, The YNaija Tracklist

Three bomb explosions rocked Ajilari Cross area of Maiduguri on Tuesday night.

Explosion kills one vigilante, injures 7 in Yobe

by Azeez Adeniyi A member of the local vigilante group has been killed while seven others were injured after an explosive device believed to have been planted by Boko Haram exploded near a bridge at Wulle village, Gujba Local Government Area of Yobe State, Daily Trust reports. It was gathered that the explosion occurred when... Read More

boko haram, explosion, vigilante group, yobe

Troops kill 21 Boko Haram fighters, rescue 1623 captives

by Azeez Adeniyi The Nigerian Army on Monday said troops of Operation Lafiya Dole in the Northeast killed 21 Boko Haram fighters in Jarawa area of Borno State. Army spokesman, Brigadier General Sani Usman in a statement said 1, 623 residents of Jarawa were rescued during the operation. He said, “Troops of 3 Battalion, 22... Read More

boko haram, Captives, insurgents Borno, lafiya dole, troops

CBN introduces ‘Form X’ for SMEs to ease forex documentation

The Central Bank of Nigeria, CBN, has introduced the use of FORM X for SMEs that require basic documentation for foreign exchange. Confirming the development, the apex bank spokesman, Mr Isaac Okorafor, said the innovative measure was intended to ease documentation challenges usually encountered by this category of businesses. [Read Also: CBN RELEASES ADDITIONAL $250M FOR... Read More

CBN, Documentation, Forex, Form X, SMEs

FG to recover pensions from 53,000 ghost workers

by Azeez Adeniyi The Federal Government has started working towards recovering pensions paid so far into the Retirement Savings Accounts of ghost workers. Minister of Finance, Kemi Adeosun said her ministry is working with the National Pension Commission to recover the pensions. She added that about 53,000 ghost workers had so far been removed from... Read More

53000, FG, ghost pensions, recover

Accidental bombing of Rann IDPs was due to communication gap – NAF

by Azeez Adeniyi The Chief of Air Staff, Air Marshal Sadique Abubakar has said the accidental bombing of Rann Internally Displaced Persons camp in Borno was due to ‘communication gap’. Abubakar said this while speaking to journalists during the weekend. Abubakar confirmed that the committee set up to investigate the incident has submitted its report.... Read More

Accidental bombing, fighter jet, Nigerian Air Force, Rann IDPs

North lagging behind despite producing more presidents – Balarabe Musa

by Azeez Adeniyi Former Governor of Kaduna State, Alhaji Balarabe Musa has said the Northern part of Nigeria is 40 years behind the Southern region in terms of educational development. Musa said this in an interview with journalists. The former governor was reacting to comments by the Emir of Kano, Mohammed Sanusi II that the... Read More

Balarabe Musa, education, lagging, more presidents, north

Buhari’s committee already working to resolve executive-legislature rift – Presidency

by Azeez Adeniyi The committee set up by President Muhammadu Buhari to resolve the rift between the Presidency and the National Assembly has began work, Punch reports. Buhari had set up the committee chaired by Vice President Yemi Osinbajo after some appointees had a face off with the Senate. A source in the Presidency told... Read More

committe, Executive, legislature, national assembly, President Muhammadu Buhari, rift

How NNPC failed to remit $81.2bn in four years – Reps

by Azeez Adeniyi The House of Representatives has alleged that the Nigerian National Petroleum Corporation (NNPC) did not remit $81.2bn from crude oil sales to the Federation Account in four years. An ad hoc committee investigating the alleged export of $17bn worth of undeclared crude oil and gas resources had uncovered the non-remittance. The committee’s... Read More

$82.1bn, Federation Account, House of Representatives, nnpc, remit

Malabu oil deal: Compel Jonathan’s appearance if necessary, MEND tells Reps

The Movement for the Emancipation of the Niger Delta (MEND) has urged the House of Representatives to force ex-President Goodluck Jonathan to appear before it over the controversy surrounding the OPL 245 Malabu oil deal. In a statement by its spokesperson, Jomo Gbomo on Monday, MEND said there were reasonable grounds to suspect that Jonathan... Read More

appearance, compel, Goodluck Jonathan, House of Representatives, malabu oil deal

$50m: Wike, Fayose still bitter over Amaechi’s triumph in 2015 – Rivers APC

The All Progressives Congress (APC) has blasted Rivers State governor, Nyesom Wike, his Ekiti counterpart, Ayodele Fayose and former aviation minister, Femi Fani-Kayode for claiming the $50m recovered by the EFCC belongs to Transportation Minister, Rotimi Amaechi. In a statement by the State Chairman, Chief Davies Ibiamu Ikanya on Monday, the party said the Peoples... Read More

$50m, APC, Ayodele Fayose, EFCC, Femi Fani-Kayode, Nyesom Wike

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