Court Orders Forfeiture of Recovered $43 Million, £27,800, N23 Million to Govt

[Leadership] Justice Muslim Hassan of the Federal High Court in Lagos yesterday ordered the temporary forfeiture of the sums of $43,449,947, £27,800 and N23,218,000 recovered by the Economic and Financial Crimes Commission, EFCC, from an apartment in the Ikoyi area of Lagos on Wednesday to the federal government.Justice Hassan made the order after listening to an ex-parte application filed by the EFCC through its counsel, Rotimi Oyedepo praying the court that the funds be forfeited to the federal government pendi

[Leadership] Justice Muslim Hassan of the Federal High Court in Lagos yesterday ordered the temporary forfeiture of the sums of $43,449,947, £27,800 and N23,218,000 recovered by the Economic and Financial Crimes Commission, EFCC, from an apartment in the Ikoyi area of Lagos on Wednesday to the federal government.Justice Hassan made the order after listening to an ex-parte application filed by the EFCC through its counsel, Rotimi Oyedepo praying the court that the funds be forfeited to the federal government pendi

source: AllAfrica News: Nigeria

CBN to Raise Dollar Supply to BDCS to $40,000 Weekly

[This Day] The Central Bank of Nigeria (CBN) has resolved to raise dollar supply to Bureau De Change (BDC) operators to $40,000 weekly from next week, up from the $20,000 it sold to the currency dealers this week, THISDAY learnt last night.

[This Day] The Central Bank of Nigeria (CBN) has resolved to raise dollar supply to Bureau De Change (BDC) operators to $40,000 weekly from next week, up from the $20,000 it sold to the currency dealers this week, THISDAY learnt last night.

source: AllAfrica News: Nigeria

NFF Satisfy With Uyo Pitch to Host S’eagles Against S’Africa Match

[This Day] The coast is now clear for Godswill Akpabio stadium in Uyo, Akwa Ibom State to host the African Cup of Nations qualifying match between the Super Eagles of Nigeria and South Africa in June.

[This Day] The coast is now clear for Godswill Akpabio stadium in Uyo, Akwa Ibom State to host the African Cup of Nations qualifying match between the Super Eagles of Nigeria and South Africa in June.

source: AllAfrica News: Nigeria

NNPC to Advance Nigeria’s National Broadband Penetration Plan

[This Day] Abuja -The Nigerian National Petroleum Corporation (NNPC) has said it would support Nigeria’s plan to extend telecommunication bandwidth across the country with the commercialisation of some of its critical Information Communications and Tec…

[This Day] Abuja -The Nigerian National Petroleum Corporation (NNPC) has said it would support Nigeria's plan to extend telecommunication bandwidth across the country with the commercialisation of some of its critical Information Communications and Technology (ICT) infrastructure.

source: AllAfrica News: Nigeria

Customs to Issue Licenses for Bonded Vehicle Terminals Across Nigeria

[This Day] To eliminate the difficulties experienced by importers and agents desperately looking for funds to clear their vehicles from the ports to avoid losing them as overtime cargoes, the Nigeria Customs Service (NCS) is set to issue licenses for e…

[This Day] To eliminate the difficulties experienced by importers and agents desperately looking for funds to clear their vehicles from the ports to avoid losing them as overtime cargoes, the Nigeria Customs Service (NCS) is set to issue licenses for establishment of Inland bonded vehicle terminals across the country.

source: AllAfrica News: Nigeria

Court Orders Forfeiture of Lagos Cash Haul

[Vanguard] A Federal High Court sitting in Lagos, yesterday, ordered temporary forfeiture of the sums of $43million, £27,800 pounds and N23 million recovered by the Economic and Financial Crimes Commission, EFCC, from an apartment in the Ikoyi area of Lagos on Wednesday.

[Vanguard] A Federal High Court sitting in Lagos, yesterday, ordered temporary forfeiture of the sums of $43million, £27,800 pounds and N23 million recovered by the Economic and Financial Crimes Commission, EFCC, from an apartment in the Ikoyi area of Lagos on Wednesday.

source: AllAfrica News: Nigeria

Senator Questions El-Rufai’s Budget Declaration, Calls for Public Asset Declaration

[Premium Times] The All Progressives Congress Senator representing Kaduna Central, Shehu Sani, on Tuesday, attacked his home state governor, Nasir El-Rufai, advising the public to regard the latter’s recent claims on transparency and accountability as …

[Premium Times] The All Progressives Congress Senator representing Kaduna Central, Shehu Sani, on Tuesday, attacked his home state governor, Nasir El-Rufai, advising the public to regard the latter's recent claims on transparency and accountability as subterfuge and fiction.

source: AllAfrica News: Nigeria