The sum of $4.5 billion cannot be accounted for in Nigeria’s Foreign Reserves between 2018 and 2019, an audit report of the Office of the Auditor-General of the Federation (OAuGF) has revealed. The annual audit report details the expenditures and finances of the government’s ministries, departments, and agencies within a financial year. According to the … Read more
Fresh facts have emerged about the alleged criminal activities of the General Overseer of Faith On The Rock Ministry International, Apostle Theophilus Oloche Ebonyi, recently arrested by the Economic and Financial Crimes Commission, EFCC. Investigations showed that Ebonyi acquired a 23-room hotel, a pure water factory, two blocks of a Primary School and two bungalow … Read more
The Nigerian government lacks effective preventive measures to tame corruption, the Centre for Fiscal Transparency and Integrity Watch has said. It asked the government to establish an institutional framework for measuring corruption reduction in public governance. The Centre, a not-for-profit organisation, made the observation in Abuja on Tuesday while setting an agenda for the government’s … Read more
A judge, Chukwujekwu Aneke, of the Federal High Court sitting in Ikoyi, Lagos, on Thursday, convicted and sentenced Oluwadarasimi Omoseyin, aka Simi Gold, an actress, to six months imprisonment for spraying and stepping on the new Naira notes at a social event in Lagos. The actress is also a social media ‘serial entrepreneur’ who deals … Read more
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, said Wednesday that the commission traced N7 billion suspected to be proceeds of fraud to a religious organisation. He said this at a one-day public engagement on youth, religion and the fight against corruption and the launch of the Fraud Risk Assessment Project … Read more
President Bola Tinubu has called on the Economic and Financial Crimes Commission, EFCC, to keep its flames burning against the scourge of internet crimes and other acts of corruption. He gave the charge in Abuja on Wednesday, January 31, 2024 at a one-day public engagement on youth , religion and fight against corruption and the … Read more
President Bola Tinubu has set up a six-person panel to reposition Nigeria’s social investment programmes. PREMIUM TIMES reported that the president had suspended the programmes following tbe financial scandal in the humanitarian ministry which supervised them. The current humanitarian minister, Betta Edu, is under suspension while her predecessor, Sadiya Faruq, is also being investigated by … Read more
The Labour Party (LP) has described Doyin Okupe, a former director general of the Peter Obi Presidential Campaign Council, as a political opportunist, whose exit from the party is not “surprising”. The party, in a statement by its National Publicity Secretary, Obiora Ifoh, on Tuesday, berated Mr Okupe for claiming that LP was just a … Read more
The Economic and Financial Crimes Commission (EFCC) has detained a former Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar-Farouq, for questioning over allegations of corruption in the handling of N37.1 billion social intervention funds during her tenure. Mrs Umar-Farouq arrived at the headquarters of the commission in Abuja in honour of an … Read more
A former Minister of Petroleum, Diezani Alison-Madueke, has denied granting an interview in London recently where she allegedly indicted the current Governor of Zamfara State, Dauda Lawal. A newspaper had reported that the ex-minister, who served during former President Goodluck Jonathan’s administration, spoke with journalists in London during which she begged to be allowed to … Read more
