By TOSI ORE NIGERIA has been officially removed from the Financial Action Task Force (FATF) global money laundering and terrorist financing watchlist — a development widely regarded as a major boost to the country’s financial credibility and international standing. The announcement came at the conclusion of the FATF plenary meeting on Friday, where the intergovernmental […]
CONFUSION has surrounded reports that Bayo Ojulari, Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), resigned under pressure from security agencies. Some reports suggested that operatives of the EFCC and DSS forced him to sign a resignation letter. The Presidency has denied these claims, confirming that Ojulari remains the substantive […]
RESIDENTS of Onicha Quarters, Ubulu-Uku, in Aniocha South Local Government Area of Delta State, have called on the Economic and Financial Crimes Commission (EFCC) to reopen investigations into an alleged misappropriation of ₦245 million released for the rehabilitation of the Onicha-Uku/Onicha-Ugbo Road, a project awarded by the Niger Delta Development Commission (NDDC) in 2015. The […]