NEW MONEY LAUNDERING BILL: 7-year prison term without option of fine awaits offenders
IF the Money Laundering Prevention and Prohibition Bill 2016 presented to Senate by President Muhammadu Buhari sails through, it prescribes stiff penalty for anybody found culpable of the offence and upon conviction shall be an imprisonment for a term of not less than seven years without an option of fine.
Don’t circumvent Ekiokpagha Treaty, family warns Benin Traditional Council
THE Ogiamien family of Utantan, Benin, Edo State has warned the Benin Traditional Council, BTC, that any attempt to circumvent the Ekiokpagha treaty between the family and the Oba during the coronation rites of a new monarch, will bring an end to the reign of the current dynasty in the kingdom.
Buhari lauded for naming physically-challenged person adviser
Physically challenged people in Plateau State on the platform of Disability Progressive Group, DPG, of the All Progressives Congress, APC, yesterday applauded President Muhammadu Buhari, for appointing a physically challenged person as his Special Adviser.
Economic reforms, passage of bill will boost Nigeria’s economy —Control Risks
Control Risks, a global risk consultancy firm, yesterday said that the Federal Government fight on corruption, economic reforms and quick passage of some important bills before the National Assembly will boost the economy.
Jonathan’s former aide held on Army’s directive —EFCC
The Economic and Financial Crimes Commission, EFCC, has said that the Aide-de-Camp, ADC, to former President Goodluck Jonathan was being held on the orders of the Nigerian Army.
N780BN FINE: NCC slams MTN, denies N50bn payment claim
The Nigerian Communications Commission, NCC, yesterday distanced itself from claims by MTN Nigeria that it persuaded the phone company to withdraw its lawsuit for both sides to reach an out-of-court settlement over a N780 billion fine imposed by the regulator.
