Author: David Great

The chairman of Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa has reiterated the commitment of the anti-graft agency towards combating money laundering and terrorism financing in the real estate sector of the economy. He stated this in Abuja on Monday, April 25, 2022 at a workshop by the Inter-Governmental Action Group against Money Laundering in West Africa, GIABA. According to him, the Nigeria Evaluation Report shows that the real estate sector is the second most vulnerable sector to money laundering practices in Nigeria. . According to him, places like Abuja , Port Harcourt, Kano, Lagos are some of the…

A New York judge on Monday held former President Donald Trump in contempt of court for not producing documents subpoenaed in the state attorney general’s civil probe of his business practices, and ordered Trump to be fined $10,000 per day until he complies. Trump lost a bid to quash a subpoena from state Attorney General Letitia James, then failed to produce all the documents by a court-ordered March 3 deadline, later extended to March 31 at his lawyers’ request. Justice Arthur Engoron ruled that a contempt finding was appropriate because of what the judge called “repeated failures” to hand over…

Elon Musk clinched a deal to buy Twitter Inc for $44 billion cash on Monday in a transaction that will shift control of the social media platform populated by millions of users and global leaders to the world’s richest person. It is a seminal moment for the 16-year-old company that emerged as one of the world’s most influential public squares and now faces a string of challenges. Discussions over the deal, which last week appeared uncertain, accelerated over the weekend after Elon Musk wooed Twitter shareholders with financing details of his offer. Under pressure, Twitter started negotiating with Musk to…

Justice Oluwatoyin Taiwo of the Special Offences court in Ikeja, Lagos, on Monday, April 25, 2022, dismissed the bail application filed by one Bolarinwa Abiodun, a fake army general, who is being prosecuted on a 13-count charge bordering on obtaining money by false pretence, forgery of documents, and possession of documents containing false pretence to the tune of N266, 500,000. The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, had, on April 11, 2022 arraigned the defendant on offences contrary to Section 1 (3) of the Advance Fee Fraud and Other Related Offences Act 2006; Section 363…

The Nigerian Customs Service (NCS) on Monday officially reopened Kamba border which links the country to Republic of Niger along Kebbi corridor. The News Agency of Nigeria (NAN) reports that the Federal Government, through a circular by Customs on Friday ordered the reopening of the border posts in Idiroko (Ogun); Jibiya (Katsina State) Kamba (Kebbi) and Ikom (Cross River). The government had closed major borders as part of efforts to curb the spread of COVID-19 and curtail smuggling in order to boost local production of rice and other farm produce. While officially declaring the border open in Kamba, the Area…

By Femi Onakanren President Muhammadu Buhari will be completing his second term come 2023. In the relay of governance and power, he will be handing over to a new administration to steer the country into the future. He would be leaving behind a country which has made big and marginal progress on several fronts and has been limited, constrained and/or considered a failure on several others. This has divided opinions thoroughly during his reign often polarizing the country into hailers (supporters of the administration) and wailers (non-supporters of the administration). There is a sparse middle ground of neutrals but these…

By Fejiro Johnson The declaration speech by Vice President Yemi Osinbajo, SAN, to run for president on the platform of the ruling All Progressives Congress (APC), on April 11, was arguably the most anticipated political declaration in Nigeria’s history, with millions of Nigerians tuning in across television, radio and social media channels. Many believe that Osinbajo has the right qualities, character, competence and personality to become Nigeria’s president in 2023. But let’s leave that and address the meat of the matter, the article, a few questions for Prof. Yemi Osinbajo by Achilleus-Chud Uchegbu, which was published on April 21. When…

Emmanuel Macron has won five more years as France’s president after a convincing victory over rival Marine Le Pen, who nevertheless secured the far right’s highest share of the vote yet. He won by 58.55% to 41.45%, a greater margin than expected. The centrist leader told jubilant supporters at the foot of the Eiffel Tower that now the election was over he would be a “president for all”. He is the first sitting president in 20 years to be re-elected. Despite her loss, Ms Le Pen, 53, said her significant vote share still marked a victory. The ideas her National…

President Muhammadu Buhari has directed the nation’s armed forces, security and intelligence agencies to intensify the clampdown on illegal refineries following the reported deaths of tens of people Friday night after an illegal refinery exploded at Abaezi forest in the Ohaji-Egbema Local Government Area of Imo State. Reacting to what he described as a “catastrophe and a national disaster,” President Buhari said responsibility for the loss of lives and property must squarely lie with the sponsors of the illegal refinery, “who must all be caught and made to face justice.” In conveying “the condolences and the full depth and range…

Chelsea defender Antonio Rudiger has told manager Thomas Tuchel he will leave the club this summer after failing to agree a new deal. (BBC Sport) Chelsea may revisit a move for Sevilla and France centre-back Jules Kounde, 23, in the summer after it was confirmed Antonio Rudiger will leave the club. (Football London) Paris St-Germain are set to sack manager Mauricio Pochettino with Tottenham boss Antonio Conte in the frame to replace him. (Le Parisien via GFFN) Arsenal have taken steps to sign Napoli and Nigeria striker Victor Osimhen, 23. (Gazzetta dello Sport via HITC) Manchester City striker Gabriel Jesus,…