archiveJune 2021

The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has said that the Real Estate sector is one with grand scale corruption in the country, even as revealed that about 90 to 100 per cent of resources are being laundered through the sector. Bawa stated this while...

  As against the claim by President Muhammadu Buhari in his Democracy Day broadcast on June 12, that his government had lifted over 10 million Nigerians out of poverty in the last two years, the World Bank has revealed that  not less than seven million Nigerians  were pushed into poverty...

The House of Representatives on Tuesday raised questions on the whereabouts of the $44 million dollars recovered from the Nigeria Intelligence Agency (NIA) by Economic and Financial Crime Commission (EFCC) in 2017 as the Office of the National Security Adviser said it was not in custody of the money. The...

  Trading at the domestic bourse opened the week on a bearish mood with the market capitalisation losing N340 billion in one day, due to drop in Airtel Africa.Specifically, the market capitalisation, which opened at N20.409 trillion, dipped by N340 billion to close at N20.069 trillion. Also, the All-Share Index...

  Lagos lawmakers have passed a resolution, urging the National Assembly to ensure true federalism and establishment of state police in the proposed constitutional amendment. The resolution was passed during plenary on Tuesday after a motion titled ‘ Nigeria’s 22 years of Democracy and Call for True Federalism’, was moved...

 The World Health Organisation (WHO) says confirmed cases of COVID-19 from 55 African countries, as at June 14, have reached over five millions, while 28.2 million vaccines have been administered across the continent. WHO said that 4,475,763 people have recovered in Africa with 234,662 deaths. The world head body said...

The Nigerian Communications Commission (NCC) has initiated a process for the review of existing licensing structure in the Nigerian telecommunications industry, according to Dr Ikechukwu Adinde, the commission’s public affairs director. The commission said that the move was in demonstration of its responsiveness to global trends and the new dynamics...

it's dream come true for our administration –Commissioner The Government of Oyo State, on Monday, clarified the reasons it is evacuating beggars, street-urchins and the destitute to the new facility at Akinyele Resettlement Centre, Ibadan. The Oyo State Commissioner for Women Affairs and Social Inclusion, Alhaja Faosat Sanni, while speaking...

Vice President, Professor Yemi Osinbajo, has appreciated the quality of Kona, the Nigeria-assembled electric car, describing it as fantastic. Osinbajo gave his approval in Abuja on Tuesday at the unveiling of the car at the Made-in-Nigeria fair featuring the exhibition of the first electric car assembled in Nigeria, among other...

The Economic and Financial Crimes Commission (EFCC) is to collaborate with the Kano State Internal Revenue Service (KIRS) and the Federal Inland Revenue Service (FIRS) in tacking tax related frauds. The Head of the Kano Zonal office of the Commission, Mualledi Farouq Dogondaji stated this today, June 15, 2021 during...