Fayemi Lands In EFCC Custody Over N4bn ‘Fraud’

Operatives of the Economic and Financial Crimes Commission (EFCC) are currently quizzing a former governor of Ekiti State, Kayode Fayemi, over misappropriation of funds to the tune of N4 billion. Our correspondent learnt that Fayemi, also a former Minister of Mines and Steel Development during President Muhammadu Buhari’s first term, was still undergoing interrogation at…

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CBN debunk claims of Naira devaluation

The Central Bank of Nigeria has debunked the claim that it has devalued the naira. A statement signed by Acting Director Corporate Communications, Isah AbdulMumin, said the dollar traded at N465/$1 contrary to reports. The statement partly reads, “We wish to state categorically that this news report, which in the imagination of the newspaper is…

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