EFCC Uncovers Another Cash Haul

[This Day] A tip from a whistleblower on Monday led operatives of the Economic and Financial Crimes Commission (EFCC) to intercept huge sums of money in various currencies at the popular Balogun market in Lagos.

[This Day] A tip from a whistleblower on Monday led operatives of the Economic and Financial Crimes Commission (EFCC) to intercept huge sums of money in various currencies at the popular Balogun market in Lagos.

source: AllAfrica News: Nigeria

Central Bank Eases Foreign Payments Bottleneck

[The Herald] The Reserve Bank of Zimbabwe has moved to ease foreign payments bottlenecks after it drew-down $100 million on the $150 million African Export-Import Bank loan facility yesterday.

[The Herald] The Reserve Bank of Zimbabwe has moved to ease foreign payments bottlenecks after it drew-down $100 million on the $150 million African Export-Import Bank loan facility yesterday.

source: AllAfrica News: Zimbabwe

Patience Jonathan’s $5.8 Million – EFCC Appeals ‘Unfreeze’ Order As Osinbajo Absolves FG of Blame

[Premium Times] The anti-graft EFCC has appealed a court order to unfreeze a Skye Bank account belonging to the former first lady, Patience Jonathan.

[Premium Times] The anti-graft EFCC has appealed a court order to unfreeze a Skye Bank account belonging to the former first lady, Patience Jonathan.

source: AllAfrica News: Nigeria

Falae’s Abductors Sentenced to Life Imprisonment

[Daily Trust] Akure -An Ondo State High Court yesterday sentenced the seven people who abducted a former Secretary to the Government of the Federation (SGF), Chief Olu Falae, to life imprisonment for kidnapping and armed robbery.

[Daily Trust] Akure -An Ondo State High Court yesterday sentenced the seven people who abducted a former Secretary to the Government of the Federation (SGF), Chief Olu Falae, to life imprisonment for kidnapping and armed robbery.

source: AllAfrica News: Nigeria

African Govts Urged to Increase Investments in Youths

[This Day] Creating economic opportunities for young Africans is the most urgent challenge facing the continent, threatening to undermine recent progress and create widespread instability, according to the Chairman of the Mo Ibrahim Foundation, Mo Ibra…

[This Day] Creating economic opportunities for young Africans is the most urgent challenge facing the continent, threatening to undermine recent progress and create widespread instability, according to the Chairman of the Mo Ibrahim Foundation, Mo Ibrahim.

source: AllAfrica News: Nigeria

Norton Residents Hold Town Council to Ransom

[The Herald] Norton Town Council is owed more than $15 million in unpaid rates by residents, who are resisting settling outstanding bills until the local authority starts improving on service delivery.

[The Herald] Norton Town Council is owed more than $15 million in unpaid rates by residents, who are resisting settling outstanding bills until the local authority starts improving on service delivery.

source: AllAfrica News: Zimbabwe