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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Court admits electoral documents tendered by LP, Obi

The Presidential Election Petition Court on Thursday admitted in evidence bundles of electoral documents from 6 states of the federation that emanated from the February 25 elections. The documents which consisted of forms EC8A which are polling units results were tendered by the Labour Party and its presidential candidate in the last election, Peter Obi,…

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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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