Frauds & Scandals

Missing N59.6bn: CBN, NNPC, AGF Get 24-Hour Ultimatum

The House of Representatives Committee on Public Accounts has issued a 24-hour ultimatum to acting Governor of Central Bank of Nigeria (CBN), Sarah Alade; Executive Director of Finance, Nigeria National Petroleum Corporation (NNPC) Mr Sambo Aliyu and Accountant General to the Federation (AGF), Mr Jonah Otunla to explain their individual […]

Oil marketers threaten strike, 28 depots dry up

Oil marketers on Monday threatened to embark on a nationwide strike over the alleged illegal shutdown of the Nigerian Independent Petroleum Company’s depot in Apapa, Lagos by the National Union of Petroleum and Natural Gas Workers. The Chairman, Concerned Marketers, Mr. Abidemi Agunbiade, who spoke with journalists in Lagos, said […]

Sanusi financing terrorism –FG, SSS

The Federal Government and  the State Security Service have accused the suspended Governor of the Central Bank of Nigeria, Mallam Lamido Sanusi, of financing terrorism. They made the allegation in  counter-affidavits  they deposed to before  a Federal High Court   which is hearing   a suit instituted by Sanusi. The ex-CBN chief    […]