Oil prices increased in Asian trade on Wednesday, July 23, 225, as a United States trade deal with Japan signalled progress on tariffs. Brent crude futures rose 21 cents, or 0.31%, to $68.80 a barrel by 0351 GMT, while U.S. West Texas Intermediate crude futures gained 17 cents, or 0.26%, …
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The House of Representatives has indicted 31 federal Ministries, Departments, and Agencies (MDAs) over financial infractions involving more than ₦103.8 billion and $950,912, calling on anti-corruption agencies to ensure full recovery of the misappropriated funds. This development followed a motion presented by Rep. Bamidele Salam, based on the findings of …
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The Ilorin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Tuesday, July 22, 2025 presented more witnesses to prove a case of alleged N5,78billion involving the immediate past Governor of Kwara State, Abdulfatah Ahmed, and his former Commissioner for Finance, Ademola Banu. At the resumed hearing of …
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The Kaduna Zonal Directorate of the Economic and Financial Crimes Commission, EFCC has secured the conviction and sentence of Sadi Zangina, Ahmed Buhari, Khalifa Muazu Aliyu and Olasode Abdulganiu before Justice R.M.Aikawa of the Federal High Court, sitting in Kaduna for fraud. They were prosecuted on a separate one-count charge, bordering on money laundering, impersonation and …
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JUSTICE Evelyn Anyadike of the Federal High Court sitting in Awka, Anambra State has convicted and sentenced 10 internet fraudsters to various jail terms. The convicts are; Onyekwulu Lawrence Obiajulu, Onyedikachi Favour Eze, Olisa Philemon Olijo, Okafor Shedrack Chidindu, Ogbodo Chisom Ugochukwu, Nweke Godswill Chinemerem, Oseloka Ogo Patrick, Nnaji Pascal …
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The Federal Competition and Consumer Protection Commission, FCCPC, has declared its resolve to work in partnership with the Economic and Financial Crimes Commission, EFCC in the fight against corruption. This was conveyed by Ibrahim Muhammad, Zonal Coordinator, FCCPC when he led other members of the Commission on a courtesy visit …
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The Abuja Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Monday, July 21, 2025 arraigned one Philip Ifejimalu Eze and his company Orimiri Oil and Gas before Justice A.H. Musa of the Fedr FCT High Court Apo-Abuja on a one count charge. The charge reads “That you, Philip Ifejimalu …
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THE Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has remitted N6.96 trillion to the Federation Account within the first five months of 2025. The NNPC Monthly Report Summary for June, released on Monday, revealed that it posted a Profit After Tax (PAT) of N905 billion for June 2025, …
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Iran’s state-run media outlets on Monday confirmed that Tehran has agreed to hold fresh talks on the nuclear development program with France, Britain, and Germany. This comes after the EU nations threatened to impose snapback sanctions on Iran in case it failed to comply with the previous agreement clauses. The …
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Earlier this month, the International Criminal Court (ICC) issued arrest warrants against the Taliban leadership in Afghanistan. The court’s Pre-Trial Chamber II cited reasonable grounds for believing supreme leader Haibatullah Akhundzada and chief justice Abdul Hakim Haqqani were guilty of “ordering, inducing or soliciting the crime against humanity of persecution …
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