Politicians with billions in cash move to disrupt Naira redesign

There are signs that Nigerian politicians who stashed billions of Naira outside the banking system to prosecute the 2023 general election have moved against the planned reintroduction and redesign of Nigeria’s currency by the Central Bank of Nigeria (CBN), according to Thisday. These politicians, it was learnt, have mobilised the National Assembly to pass a […]

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EFCC investigates northern Governor who withdraws N60bn in cash in six years

Executive Chairman of Nigeria’s Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has confirmed that a governor of a North-Central state is under investigation for allegedly withdrawing N60 billion in cash in six years. Bawa said this was uncovered by the newly-created Department of Intelligence (DI) under his administration. The EFCC Chairman who was giving […]

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Man sentenced to death in Ekiti for stealing phones and cash

A High Court sitting in Ado Ekiti, Ekiti State, on Tuesday, sentenced a 24-year-old man, Sola Jegede, to death by hanging for dispossessing some persons of their phones and money. Jegede was found guilty of using weapons, including a gun, knife, digger and club to rob Ibukun Ilesanmi, Seun Ilesanmi and Tope Ilesanmi of their […]

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