Money laundering: Court dismisses application by aide to ex-president Jonathan

Money laundering: Court dismisses application by aide to ex-president Jonathan

Lagos – A Federal High Court in Lagos on Friday dismissed an application by former aide to ex-President Goodluck Jonathan, Waripamo-Owei Dudafa, seeking to reverse a guilty plea of four companies charged with him. Dudafa is being tried by the Economic and Financial Crimes Commission (EFCC), alongside two others; Amajuoyi Briggs and Adedamola Bolodeoku, and […]
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Burundi threatens to quit ICC

Burundi threatens to quit ICC

Burundi’s cabinet has resolved that the government would pull out of the International Criminal Court (ICC).

What caused the pound to plunge?

What caused the pound to plunge?

A rapid descent in the pound against the dollar Friday, referred to as a “flash crash”, set tongues wagging across global trading floors as to what triggered the rare event.

JTF foils kidnap attempt, arrests 5 militant suspects

JTF foils kidnap attempt, arrests 5 militant suspects

Troops of the Joint Military Force (JTF) deployed to the Niger Delta Operation Delta Safe, have foiled a kidnap attempt, freed two victims and arrested five suspected militants in multiple operations, according to a statement.

Banker bags 12 years jail term over  N8bn CBN currency fraud

Banker bags 12 years jail term over N8bn CBN currency fraud

By Soni Daniel A former banker with Wema Bank Nigeria Plc, Ademola Oni has been convicted and sentenced to 12 years imprisonment for conspiracy and money laundering by Justice Joyce Abudmalik of the Federal High Court, Ibadan, Oyo State, The court also ruled that he forfeits all his properties and cash in various banks as […]

Nigeria joins digital broadcasting world

Nigeria joins digital broadcasting world

AFTER several years of unsuccessful move by successive administrations to switchover from analogue to digital broadcasting, the administration of President Muhammadu Buhari has at last edged the country into the league of digital world.