By Emma Ovuakporie

ABUJA—The Economic and Financial Crimes Commission, EFCC, has set up a team to investigate properties and assets whose means of acquisition cannot be explained by their owners as part of efforts to intensify the fight against graft and stem the tide of money laundering in the country.      The anti-graft agency’s boss, Mrs [...]

By Ikechukwu Nnochiri

ABUJA—A former  Minister of State for Internal Affairs, Dr. Mohammed Shata, yesterday, appeared before an Abuja high court, to explain the roles he played in an alleged N35 million contract scam.

The Independent Corrupt Practices and Other Related Offences Commission, ICPC, is prosecuting him for allegedly pocketing N15 million, from a contract awarded [...]

By Chinyere Amalu

ABUJA—The Federal  Government has said it would commence the payment of Consolidated Medical Salary Structure, CONMESS for professional health workers and Consolidated Tertiary Institutions Salary Structure, CONTISS, for all health workers with effect from June 2010.

It also promised to pay all the arrears accrued from January 2010 till date, from October [...]

Nigeria’s telecommunications chief regulator, the Nigerian Communications Commission, NCC, and Nigerian ICT professionals and professionalorganisations, yesterday, reacted to the threat by Nigeria’s Second National Operator, Globacom, to withdraw its operations from Ghana over allegations of sabotage.

A FEDERAL High Court sitting in Abuja, yesterday, rejected a request by 23 registered political parties to stall hearing in a suit by five eminent Nigerians seeking a mandamus order compelling the EFCC to probe the ex-Chairman of INEC, Professor Maurice Iwu, over alleged perpetration of N30billion fraud in the commission.

Wema Bank Plc has announced plans to apply for a regional banking licence under the proposed abolition of universal banking and the re-licensing regime of the Central Bank of Nigeria, CBN.

A member of the Federal House of Representatives, Mr Patrick Obahiagbon, yesterday backed the call by Governor Adams Oshiomhole of Edo State, that an activist should be made the next chairman of the Independent National Electoral Commission, INEC.

The plot to impeach the Speaker of Anambra State House of Assembly, Chief Anayo Nebe, his deputy, Mr. Afam Obi and other principal officers of the legislature, yesterday, intensified as the G- 20 lawmakers, led by the Chief Whip, Mr Gabriel Onyenwife, reiterated their resolve to actualise their plan.