Court Grants Godwin Emefiele’s Travel Request with Restriction to Remain in Nigeria

Justice Hamza Muazu of the Federal Capital Territory High Court has approved the request of Godwin Emefiele, the immediate past Governor of the Central Bank, to travel outside the FCT. However, the court has mandated that Emefiele must remain within the country during his travel. Emefiele, who was on bail terms restricted to the FCT, […]

President Tinubu Suspends Betta Edu, Directs EFCC To Probe Humanitarian Ministry

President Tinubu has ordered the immediate suspension of Dr. Betta Edu as Minister of Humanitarian Affairs and Poverty Alleviation. A press statement issued yesterday, by Ajuri Ngelale, Special Adviser to the President on Media and Publicity, said the President further directed the Executive Chairman of the EFCC to conduct a thorough investigation into all aspects […]

Senate threatens to involve EFCC to recover CBN loan

The Nigerian Senate has threatened to involve the Economic and Financial Crimes Commission (EFCC) to recover the Central Bank of Nigeria’s (CBN) intervention loan of N135 billion given to 15 oil and gas companies. The Senate Committee on Gas Resources made this threat when the oil and gas firms appeared before the lawmakers to explain how they utilized […]