By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The International Monetary Fund (IMF) said it’s reviewing its strategy for ant-money laundering and financing of terrorism. The IMF said its executive board on March 12, 2014, reviewed recent developments in anti-money laundering and combating the financing of terrorism (AML/CFT), and discussed proposals for […]
Frauds & Scandals
Shocker! CBN makes money from dirty naira notes in circulation
Nigerians may continue to spend dirty and mutilated notes if findings by Saturday Punch are anything to go by. Nigeria’s currency, the Naira, in all its denominations, has been severely mutilated, overused and over-circulated such that it has become an issue of luck to come across a clean note. However, […]
Nigeria complains about Mugabe calling it corrupt
The official News Agency of Nigeria reports Zimbabwe’s envoy has been called in for a complaint about President Robert Mugabe’s remarks about corruption in Nigeria. It says the ministry of foreign affairs on Thursday told Zimbabwean diplomat Stanley Kunjeku that Nigeria will not tolerate Mugabe’s “vitriolic and denigrating” attack. The […]

