Ashafa advocates stiffer penalties for drug offenders

THE Senator Representing Lagos East Senatorial District, Senator Olugbenga Ashafa has advocated stiffer penalties for drug offenders even as a bill seeking to Amend the Nigerian Drug Law Enforcement Agency, NDLEA, Act CAP N30 has passed second reading.
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List of 195 suspended BDCs on the foreign exchange market

1. A V AND C BDC LTD 2. A.B.R GLOBAL BDC LTD 3. A.Y. MAIKIFI BDC LTD 4. ABD GLOBAL RES BDC 5. ACCORD BDC LTD 6. AFRICIANE BDC LIMITED 7. AIFAT BDC LTD 8. AITETCO BDC LTD 9. ALBARAKA BDC LTD 10. ALFA OMEGA BDC LTD 11. ALL CURRENCY BDC LTD 12. AMALI BDC […]

Pension Scam: Dangabar conspired with banks, used fake names to steal funds – Witness

Details of how seven top Nigerians looted the sum of N24 billion meant for the payment of pension to police officers and men, emerged in Abuja,Wednesday. The details of the diversion and stealing of the huge public fund, were given by a prosecution witness, Mustapha Gadanya. The witness said the seven accused persons opened accounts […]

CBN suspends 19 banks from forex sale to to BDCs

By Babajide Komolafe The Central Bank of Nigeria (CBN) has suspended all the banks, with exception of First Bank, from selling dollars proceeds of international money transfer services (IMTS) to Bureaux De Change (BDCs). Two months ago, the CBN had directed banks to sell proceeds of their international money transfer services to BDCs. This was […]

EFCC declares Goodie Ibru wanted

The Economic and Financial Crimes Commission, EFCC, Wednesday, declared wanted rich business mogul and Chairman, Ikeja Hotel plc, Goodie Minabo Ibru over capital market fraud, money laundering and other related offences. Also known as G.M Ibru, Goodie, a businessman who is regarded as one of the richest hotel owners in Nigeria is also the current Chairman Ikeja […]

Banks will halt retrenchment- CBN

The Central of Nigeria (CBN) on Wednesday said commercial banks in the country had assured that they would halt retrenchment of staff and contribute to stimulation of the economy.

Tunisia sentences 76 over soldier killings

A Tunisian court Wednesday handed jail and death sentences to 76 people for killing eight soldiers in a jihadist hideout near the Algerian border in 2013, the prosecution said.

CCT trial: Orubebe asks A-Court to set aside his conviction

By Ikechukwu Nnochiri ABUJA – Erstwhile Minister of Niger Delta Affairs, Elder Godsday Orubebe‎, on Wednesday, approached the Abuja Division of the Court of Appeal, praying it to set aside his conviction by the Code of Conduct Tribunal, CCT. The CCT headed by Justice Danladi Umar had in a judgement it delivered on October 4, […]

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