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The Economic and Financial Crimes Commission may prosecute 300 forex racketeers trading on a peer-to-peer platform outside the financial regulations. The EFCC Chairman, Ola Olukoyede, who gave this indication during an interactive programme with editors and bureau chiefs in Abuja on Tuesday, revealed that the accounts were frozen following a court order on Monday. He disclosed that one of the ... Read More »

The Economic and Financial Crimes Commission, EFCC has arrested Hadi Sirika, Minister of Aviation under former President Muhammadu Buhari’s administration over an ongoing N8 billion money laundering probe of Nigeria Air. Our correspondent gathered that Sirika arrived at the Federal Capital Territory Command of the EFCC at about 1:00 pm on Tuesday. Sirika is currently being quizzed by the EFCC ... Read More »

As part of efforts to ensure a seamless take-off of the Lagos State Certified Accreditors Programme (CAP) in line with the recommendation of Government White Paper on the Report of the Lagos State Tribunal on the collapsed 21-floor structure at 44 B,C,D Gerrard Road, Ikoyi – Lagos, which recommended a synergy between the Public and Private sector in the built ... Read More »

The Kenya Police Service has arrested fleeing Binance executive, Nadeem Anjarwalla, as the International Criminal Police Organisation moves to extradite him to Nigeria within the week. Government sources familiar with the case who spoke on condition of anonymity because they were not authorised to speak on the matter confirmed the development to our correspondent on Sunday night. One of the ... Read More »

The Federal Government targets a 24-hour clearance of goods at the ports to enhance trade and ease of doing business. To achieve this, activities of all the agencies operating at the ports have been consolidated into a single window. Yesterday, the President inaugurated a committee on the implementation of the National Single Window Project (NSWP). The project, an electronic platform, ... Read More »

Voices from Civil Rights Society Organizations under the auspices of ‘Take It Back Movement’ supposed Sowore’s national civil society organisation and Restoring Of Women and Girls Life For Education (ROWGLES) has joined in the activation of urgent and swift appeal to the Governor of Lagos State, Gov Babajide Olusola Sanwo-Olu leadership to reopen Saint Margaret group of schools located at ... Read More »

The Federal Government, through the Ministry of Marine and Blue Economy, has said it will soon unveil its plans for the inland waterways and coastal services across the industry. Marine and Blue Economy Minister Adegboyega Oyetola reportedly announced this in a statement in Lagos by the Chief Executive Officer (CEO) of Zoe Maritime, Mrs. Tosan Edodo-Moore. The News Agency of ... Read More »

President Bola Tinubu has assured that the nation’s economy will roar back to glory in the coming months, re-echoeing the fact that the worst is over in the economic travails being faced by the nation. Tinubu however called for unity of purpose and more collaboration between the federal government, state governors, and members of the National Assembly to achieve national ... Read More »

To compete with Air Peace, which recently started flying on the route, foreign airlines have further reduced their airfares on the Lagos-London route. Air Peace launched direct flights from Lagos to London on March 30, charging N1.2 million for a round-trip economy ticket on a route where other airlines were charging up to N3 million. Foreign airlines reduced their round-trip ... Read More »

Oil marketers have called for a downward review in the pump price of the Automotive Gas Oil, popularly called diesel, being produced by the Dangote Petroleum Refinery to between N700 and N850/litre, as operators plan to meet managers of the refinery next week. The largest downstream marketing association, the Independent Petroleum Marketers Association of Nigeria, which made the call in ... Read More »