Supreme Court Dismisses Osun Suit on LG Funds
The Supreme Court has struck out Osun State's suit to compel FG to release LG funds, citing lack of locus standi. Read the full details and implications of the judgment.
Category : Search result: looted funds recovery
Supreme Court Dismisses Osun's LG Funds Suit
Nigeria's Supreme Court has dismissed Osun State's suit to compel the Federal Government to release withheld local government allocations. Read the full details and implications of the verdict.
AMCON Repays N3.6trn to CBN, Pursues 3,000 Court Cases
Nigeria's AMCON has repaid N3.6 trillion to the CBN from debt recovery and asset sales since 2010. The corporation still owes N3 trillion and is engaged in over 3,000 lawsuits. Read the full report.
AMCON pays N3.6tn to CBN, hits 87% recovery rate
Nigeria's AMCON has repaid N3.6 trillion to the CBN, achieving an 87% recovery rate. CEO Gbenga Alade reveals plans to trace global assets of debtors. Read the full report.
Reps to Debate 87 Constitution Amendment Bills Wednesday
Nigeria's House of Representatives begins debate on 87 constitution amendment bills, including state police and women's seats. Lawmakers also probe missing ₦30bn NSIPA funds. Follow the crucial legislative process.
Reps Probe Missing ₦30bn NSIPA Funds
The House of Representatives investigates the whereabouts of over ₦30bn recovered from NSIPA, demanding its release to restart vital poverty-alleviation programmes. Read the full story.
NCSCN: Ikoyi Funds Vindicate Ex-NIA Boss Oke
NCSCN declares ex-NIA DG Ayodele Oke vindicated in $43m Ikoyi case, backs his ambassadorial nomination. Calls for better inter-agency coordination to protect national security.
Woman finds N23.6m gold buried during Boko Haram attack
A Borno woman recovers gold worth N23.6 million she buried while fleeing a Boko Haram attack 15 years ago. Police praised for their integrity in the recovery operation.
Malami Faults EFCC Over Abacha Loot Recovery Allegations
Ex-AGF Abubakar Malami dismisses EFCC's claims of duplicating $322.5m Abacha loot recovery as 'baseless'. He details cost-saving efforts and labels the probe a political witch-hunt. Read the full story.
Ondo State Withholds 97% of Local Government Funds
Legal expert Ade Ajulo exposes how Ondo State government releases less than N10m from N400m LG allocations, violating constitutional autonomy. Demand accountability now!
N23m Gold Coins Recovered in Borno Border Community
Nigeria Police recover N23 million worth of gold coins lost since 2012 Boko Haram attacks in Malam Fatori. The precious items belonged to a mother of six living near Lake Chad.
OPay Addresses Viral Shutdown Rumors in Nigeria
OPay dismisses social media rumors about shutting down operations in Nigeria. The fintech company confirms customer funds remain safe and accessible under CBN regulation.
NASC to refund N6.93bn for inflated contracts
Audit report reveals National Assembly Service Commission inflated contracts by N6.93bn without due process. Chairman ordered to account for funds or face sanctions. Read full details.
Ex-Coach Accuses NFF of Misusing $960K FIFA Funds
Former Super Falcons coach Randy Waldrum exposes NFF's alleged misuse of $960,000 FIFA preparation funds. Discover the shocking details and calls for accountability in Nigerian football.
NFF Faces $960,000 World Cup Fund Scandal
Former Super Falcons coach Randy Waldrum exposes NFF's alleged mismanagement of $960,000 FIFA World Cup preparation funds. Discover the shocking details of missing training camps and restricted staff.
NFF in $960,000 World Cup Scandal - US Coach Claims
Former Super Falcons coach Randy Waldrum exposes missing $960,000 FIFA World Cup funds. NFF accused of mismanagement, lack of transparency in Nigeria football administration.
Domestic Worker Nabbed for Stealing Employer's Lexus SUV
Niger State Police arrest domestic worker Suleiman Audu for stealing Lexus SUV from Lagos employer. Intercepted on Minna-Abuja road while transporting vehicle for disposal. Full details.
Owo Church Attack Survivor Walks Again After 3 Years
A Nigerian lady shares emotional update on TikTok showing her recovery from leg injury sustained during 2022 Owo church attack. Watch her inspiring journey to walk again.
CSOs Petition EFCC Over Kogi LG Funds Diversion
Civil society groups uncover massive diversion of Kogi local government funds through Lokoja Voucher Scheme. EFCC receives petition demanding forensic audit and prosecution.
Delta Police Bust Criminal Network in Oghara
Delta State Police Command has dismantled a criminal syndicate in Oghara, recovering an AK-47 rifle and arresting multiple suspects. Authorities warn of growing sophistication in local cult activities.
EFCC to Probe Kogi Local Government Funds
The EFCC vows to investigate alleged diversion of Kogi LG funds following a youth protest. Groups demand transparency and accountability in grassroots governance.
Police recover 210 ammunition rounds in Kaduna
Kaduna Police recover 210 rounds of 7.56mm ammunition abandoned on Zaria-Funtua highway. Commissioner warns criminals as manhunt begins. Stay informed with latest security updates.
N1.6trn Niger Delta cleanup funds lost - Reps
House Committee reveals Nigeria lost N1.6 trillion in Niger Delta cleanup funds due to PIA non-implementation. Environmental crisis worsens as communities suffer.
IMF Urges Germany to Enact Pro-Growth Reforms
The IMF calls for Germany to implement pro-growth structural reforms alongside increased public spending to ensure sustained economic recovery. Learn more about the challenges facing Europe's top economy.
N850bn PIA Environmental Funds Not Implemented - Reps
House Committee warns of deepening ecological devastation in Niger Delta as Petroleum Industry Act environmental funds remain unimplemented four years after passage. Urgent action needed.
How to Rebuild Trust in Relationships After Betrayal
Discover proven strategies to rebuild broken trust in relationships. Learn what works, what doesn't, and how to restore emotional intimacy after betrayal.
Obiano's N4bn Money Laundering Trial Adjourned Indefinitely
Federal High Court adjourns former Anambra Governor Willie Obiano's N4 billion money laundering case indefinitely. EFCC requests delay for original judge's return. Full details inside.
N1.65trn PIA Funds Denied to Niger Delta
House Committee exposes how Niger Delta lost N1.65 trillion in environmental cleanup funds due to PIA implementation failures. Lawmakers demand immediate action.
IUX Brokerage Grows 68%, Enhances Client Protection
IUX brokerage reports explosive 68% quarterly growth to $541B in trading volume. Discover their risk management safeguards including negative balance protection and segregated funds for Nigerian traders.
IUX Trading Volumes Jump 68% Amid Rapid Growth
IUX broker reports 68% quarterly growth to $541B. Explore how their negative balance protection, zero stop-out, and segregated funds safeguard Nigerian traders in volatile markets.
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