February 5, 2016/The Will President Muhammadu Buhari has disclosed why his government stopped the sale of foreign exchange to Bureau De Change, BDC, operators, noting that the decision was in response to acts of sabotage perpetrated by some directors of the Central Bank of Nigeria, CBN. Buhari, who revealed this […]
Frauds & Scandals
220 firms owe AMCON N1.14 trillion
February 5, 2016/Vanguard By Babajide Komolafe Asset Management Corporation of Nigeria (AMCON) yesterday said that Seawolf Nigeria Limited, and 219 other companies are indebted to it to the tune of N1.14 trillion. This was contained in a list of debtors released yesterday by the Corporation for publication in major newspapers. […]
N11.5bn fraud: Bishop, bank MD remanded in prison
February 4, 2016 A Federal High Court sitting in Jos, the Plateau State capital, on Wednesday ordered the prison remand of the Managing Director of Dadin Kowa Microfinance Bank Limited, Mr. Irmiya Jatau, over N11.5bn fraud. Also remanded was the Bishop of Maranatha Church, Jonas Katung, who was charged alongside […]
