Sunday, April 14, 2024

Kunle Sanni

April 14, 2024

Nigerian bankers colluded with government officials to re-loot recovered Abacha loot: EFCC

“Managing directors of the indicted banks have made useful statements to investigators digging into the infractions.’’

Late Sani Abacha
April 11, 2024

Vietnamese billionaire Truong Lan sentenced to death for $12.5 billion bank fraud

She was also said to have committed the crime between 2012 and 2022.

Truong Lan flanked on left and right side by security officers (Credit: ABC News)
April 8, 2024

CBN stops banks from collecting foreign currencies as collateral for naira loans

CBN stated that it has seen FCY being used as collateral for naira loans by its clients and, as a result, forbids it going forward.

Central Bank of Nigeria Logo
April 8, 2024

CBN sells $10,000 to BDCs at N1,101 per dollar

The Central Bank of Nigeria has once again declared that dollars will be sold to bureaux de change at N1,101 per dollar. 

April 4, 2024

EFCC to charge popular cross-dresser Bobrisky with naira abuse

The commission stated that the cross-dresser would soon be charged to court. 

April 4, 2024

EFCC arrests popular cross-dresser Bobrisky over alleged naira abuse

Online reports stated that Bobrisky was arrested at Pinnock Estate in Lagos State on April 3.

April 3, 2024

EXCLUSIVE: EFCC sacks top prosecutor accused of taking bribes from Wole Olanipekun, Bello Adoke to sabotage Malabu OPL 245 fraud trial

The botched case was the last serious attempt by the Nigerian government to impose accountability on organisations and individuals with suspected ties to the 2011 deal.

Wole Olanipekun, Ola Olukoyede and Bello Adoke
April 3, 2024

Biden warns China not to meddle in US November poll

China said it was committed to the principle of non-interference.

U.S. President Joe Biden and Chinese President Xi Jinping
March 27, 2024

Navy intercepts 193 bags of cannabis sativa at Badagry coast

“I went inside the engine room to hide and slept off.’’

Nigerian Navy
March 27, 2024

U.S. plans seizure of ex- Mongolian prime minister’s $14 million New York apartment linked to graft

Mr Batbold’s lawyer Orin Snyder said his client would defend himself in court against the allegation.

U.S. flag and former Mongolian Prime Minister Batbold