Tuesday, June 16

Blog

N16trn AMCON Loans: Senate Moves to Recover Debt
Top Stories

N16trn AMCON Loans: Senate Moves to Recover Debt

The Upper Chamber on Tuesday, considered a critical bill seeking to empower the Asset Management Corporation of Nigeria (AMCON) in the aspect of assets recovery, as well as strengthen it against economic sabotage by debtors with unpaid loans to the tune of about N16 trillion naira. (more…)
APC Condemns Attack on Governor Ortom’s Convoy
Politics

APC Condemns Attack on Governor Ortom’s Convoy

The All Progressives Congress (APC) has condemned the attack on the convoy of the Benue State Governor, Samuel Ortom which occurred on Saturday while thanking God for his safety and acknowledging the gallantry of his security details. (more…)
FACTI Panel Calls for Action Against Illicit Financial Flows
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FACTI Panel Calls for Action Against Illicit Financial Flows

To say that global finance is currently skewed in a manner that allows tax abuses, corruption, and illicit financial flows (IFFs) to flourish would be stating the obvious. This is because of obvious gaps, loopholes and shortcomings in rules, and their implementation which allow these abuses to flourish. (more…)
PDP Slams Presidency, APC over Fresh $2.5bn Arms Scandal …..Says Security Situation Now a Racket
Recent Stories

PDP Slams Presidency, APC over Fresh $2.5bn Arms Scandal …..Says Security Situation Now a Racket

The Peoples Democratic Party (PDP) says the revelation of another $2.5bn arms purchase scandal in which officials of the Buhari-led All Progressives Congress (APC) administration were named is another ugly testament of the stench of corruption oozing out from the Buhari Presidency and the APC.This was contained in a statement signed by the party's National Publicity Secretary, Kola Ologbondiyan on Thursday.The party said with the fresh revelation, a whopping $3.5bn or in other words, 1.3 trillion of Nigerian Naira meant for arms purchase has been stolen. "The party alerts that with this fresh $2.5 billion arms scandal, reportedly involving the National Security Adviser (NSA) Gen. Babagana Monguno, who had earlier revealed that $1 billion also for arms cannot be traced, an alarming $3.5...