archiveOctober 20, 2016

As the Senate probe into $13.9 billion allegedly transferred from the country by the nation’s leading telecommunications company, MTN, begins, there were indications on Thursday that   the amount involved may be far more that what was envisaged. A lawmaker said the amount involved is "mind boggling" and that it may...

Nigeria sold N81.47 billion ($267.55 million) in short-dated treasury bills at an auction on Wednesday, with mixed yields, data from the central bank showed on Thursday. The Central Bank of Nigeria (CBN) had proposed to sell N138.16 billion worth of the debt in its initial announcement. A total of N20.92...

Mrs Dame Patience Jonathan, wife of former Nigerian President has explained in details how she accumulated in 15 years $15million in several bank accounts linked to her by the Economic and Financial Crimes Commission (EFCC). The explanation was given in court papers filed by a group that has sued Socio-Economic...