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EFCC: Musiliu Obanikoro regains freedom

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NEWS: EFCC: Musiliu Obanikoro regains freedom [New Naija News] » Naijacrawl
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"It delights us to announce that the former Ministerof State for Defense, Senator Musiliu Obanikoro hasbeen released from the custody of the Economic andFinancial Crimes Commission (EFCC), this evening.


We are however not resentful but thankful to theAlmighty for the gift of life and good health and theprocess which began from his voluntarily turninghimself over to the anti graft agency and hissubsequent release.We thank all his friends and followers whosupported him in prayers and supplication amongothers. God bless you all. Jonathan Eze Media Aideto Senator Musiliu Obanikoro

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Adike Kizito is a top-rated software developer, blogger, sports, and entertainment lover. He is the CEO of these popular websites Naijacrawl.com and Mp3ager.com. He operates his software developing task through Kizzsoft.com,... Read More

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Naija News

CBN grants banks freedom to trade forex at any rate

Victorious

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NAIJA NEWS: CBN grants banks freedom to trade forex at any rate [New Naija News] » Naijacrawl
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The Central Bank of Nigeria has authorized commercial banks to freely trade foreign exchange at any rate.The authorization means that banks now have the power to sell forex at a market-determined rate.The Daily Post gathered that some banks have pegged the USD to Naira rate at N699 to N750, suggesting that Nigeria is now operating a freely floating exchange rate in line with President Bola Ahmed Tinubu’s pledge to unify the rate.Reacting to the development in an Ari...
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Ibeto Energy Chairman Repays N1.5 Billion in Ongoing Plea Bargain, EFCC Reveals

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NAIJA NEWS: Ibeto Energy Chairman Repays N1.5 Billion in Ongoing Plea Bargain, EFCC Reveals [New Naija News] » Naijacrawl
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In a significant development, the Economic and Financial Crimes Commission (EFCC) has informed Justice Oyindamola Ogala of the Lagos High Court in Ikeja that Cletus Ibeto, Chairman of Ibeto Energy Development Company, has made restitution of N1.5 billion in two installments. This payment is in connection to the N4.8 billion fraud allegations for which Ibeto and his companies are facing charges in court.The disclosure was made by the EFCC's counsel, Rotimi Jacobs, SA...
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Naija News

EFCC Foils Massive Food Smuggling Operation: 21 Trucks Loaded with Goods Intercepted

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NAIJA NEWS: EFCC Foils Massive Food Smuggling Operation: 21 Trucks Loaded with Goods Intercepted [New Naija News] » Naijacrawl
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The Maiduguri Zonal Command of the Economic and Financial Crimes Commission (EFCC) successfully apprehended 21 trucks laden with both food and non-food items that were en route to neighboring countries of Borno State. The arrest, made possible through a well-executed sting operation, occurred at key exit points along Kalabiri/Gamboru Ngala and Bama roads.Mr. Dele Oyewale, the Head of Media and Publicity for the EFCC, revealed in a statement on Tuesday that the vigil...
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