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EFCC recovers fresh $445,000, N3bn in humanitarian ministry probe
The Economic and Financial Crimes Commission said on Sunday it has freshly recovered $445,000 and N3bn in the ongoing probe of the scandal in the Ministry of Humanitarian Affairs. The EFCC spokesman, Dele Oyewale, told The PUNCH that the $445,000 and N3bn were recovered between March and April in addition…
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EFCC to arraign Bobrisky over alleged N180.7m laundering, abuse of N490,000 today
The Economic and Financial Crimes Commission, EFCC, will today, arraign popular cross-dresser, Idris Okuneye aka Bobrisky before a Federal High Court sitting in Lagos over naira abuse and failure to declare his firm’s activities involving N180.7 million. The anti-graft agency, yesterday, filed the charge against the social media celebrity, through…
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Uncertainty in Ibadan over Olubadan’s stool
There are indications that all may not be going as planned with activities leading to the selection of the next Olubadan following the death of the 42nd Olubadan, Oba Lekan Balogun. According to tradition, the enthronement process for the next in line to the throne of the Olubadan was expected…
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From a quiet go-getter to a prolific investor, Tony Elumelu continues to spin the deal wheel at 61
Those who, 24 years ago, knew Tony Elumelu as the almost-shy, reticent but hardworking banker who avoided any form of publicity would always marvel at how much he has transformed into one of Africa’s smartest businessmen with interests, not only in the financial services industry but in nearly all the…
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Nigeria Government exposes Gumi’s ally, 14 others as terrorism financiers in the Country
The Federal Government has uncovered the identity of 15 entities, including nine individuals and six Bureau De Change operators and firms, allegedly involved in terrorism financing. Details of the development were revealed by the Nigerian Financial Intelligence Unit, on Tuesday night, entitled “Designation of Individuals and Entities for March 18,…
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Obasanjo’s Biological Father An Igbo Man From Onitsha – Rtd Col (Dr.) Majekodunmi
…I Retired From The Army Because Of Abacha …Insecurity: Tinubu Inherited Most Of Nigeria’s Problems Chief (Dr) Sunday Adekunle Majekodunmi is the current Aare Ona Kakanfo of Egba-land, and the Otun Ba’asegun of Egba-land. In this explosive, exclusive interview with YEMI ADEBISI and TITILOPE JOSEPH, he speaks on sacred subjects…
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Meet next Olubadan of Ibadan, Oba Owolabi Olakulehin
Following the death of Oba Moshood Olalekan Balogun, the late Olubadan of Ibadan land, Oba Owolabi Olakulehin, who is the current Balogun of Ibadanland, who is the head of the military line of the Olubadan system, is set to become the next Olubadan of Ibadan. Tradition has it that from…
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Gunmen who kidnapped 287 school children in Nigeria say they will kill them all if $622,000 ransom not paid
Gunmen who kidnapped at least 287 school children in Nigeria last Thursday have demanded a ransom of 1 billion naira ($621,848) and threatened to kill all of the students if their demands are not met, a member of the local community told CNN on Wednesday. “They called me from a…
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Germany’s ‘fake fathers’: Nigerian migrant calling himself Mr. Cash Money claims to have 24 foreign children, earns €22,000 a month in welfare payments
The Nigerian migrant earns €22,000 a month in welfare payments and labels himself “Mr. Cash Money” while owning a fleet of luxury cars. Foreigners in Germany are defrauding taxpayers out of millions by claiming they have foreign children who are not actually theirs, with the women involved in the scams…
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Naira tumbles to N1,900/$ at parallel market
The Nigerian naira, on Tuesday, depreciated further to N1,900 to the dollar at the parallel section of the foreign exchange (FX) market. The naira declined by 9.83 percent from the N1,730 recorded on Monday. Currency traders, also known as Bureau de Change (BDC) operators, quoted the buying rate at N1,850…