ANOTHER cash haul was made yesterday by the Economic and Financial Crimes Commission (EFCC). The agency recovered N250 million at the popular Balogun market in Lagos. The cash haul came barely three days after the commission recovered N449 million at an abandoned bureau de change on Victoria Island, Lagos. EFCC spokesman
Former First Lady Patience Jonathan was stranded yesterday following a botched attempt to cash part of her $5.8m deposit, which was unfrozen by a court last week. Mrs. Jonathan was blocked from having access to her account by a stay of execution of the court’s order which the Economic and Financial Crimes Commission (EFCC) obtained.
Former President Olusegun Obasanjo yesterday replied to former Chief of Army Staff, Maj.-Gen. Ishaya Bamaiyi’s allegation that he (Obasanjo) wanted to kill him. Obasanjo said he had no plan to kill Gen. Bamaiyi, adding that his administration only asked him to answer questions on people he allegedly killed. The former President, who turned 80 last
Efforts to find a political solution to the festering leadership crisis in the Peoples Democratic Party (PDP) yesterday suffered a major setback. Court-backed National Chairman Ali Modu Sheriff stormed out of a peace meeting convened by former President Goodluck Jonathan. At the meeting, which was chaired by Dr. Jonathan, were four of the
President Muhammadu Buhari yesterday hailed the entrepreneurial acumen of businessman Aliko Dangote, who clocks 60 today, even as the President of Dangote Group stated that his faith in Nigeria’s economic potential remained unshaken. Felicitating with the Forbes’-rated Africa’s richest man, business mogul and philanthropist, Buhari hailed
Federal High Court in Lagos yesterday de-freezed a bank account belonging to wife of former President Goodluck Jonathan, Patience, with over $5,842,316.66 (about N1.7 billion) lodged in it. Justice Mojisola Olatoregun-Ishola froze the account last year with that of five companies and Esther Oba’s. The companies’ accounts were said to have
The Federal Operations Unit (FOU) in Zone C of the Nigeria Customs Service (NCS) has intercepted consignments of medicament including the banned Tramadol, with a duty paid value (DPV) of N178,209,310. Other unregistered drugs were also impounded. Contraband impounded across the zone in March included foreign rice, used shoes,