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A Nation Like Ours Will Continue To Wax up Weaker If Corruption And It's Tendencies Are Not Retired To The Abbyse...How corruption ‘fought’ me out of office– Buhari President Muhammadu Buhari commissioning the EFCC Head Office President Muhammadu Buhari on Tuesday recalled events leading to his ouster as Nigeria’s military head of state and eventual incarceration for three years by a military government that succeeded him. Mr Buhari’s short stint as Nigeria’s military ruler ended in August 1985 following a palace coup by unhappy elements within the military ranks led by his Chief of Army Staff, Ibrahim Babangida. He said it was a battle he lost against corruption. Speaking at the commissioning of new office complex for the Economic and Financial Crimes Commission (EFCC), Mr Buhari repeated his claim that his removal was due to his stance against corruption. He said he is not deterred by the notion that when you fight corruption, corruption would fight back. “My fir...

The Nature and Tradeablility Of Cryptocurrencies     Cryptocurrencies hit dead end The much talk about and profitable trading in cryptocurrencies has met dead end as Reserve Bank of Zimbabwe stopped local banks from trading or processing their payments. The apex bank Governor, Mr. John Mangudya, said on Monday in Harare that the central bank had not licensed anyone to trade in cryptocurrencies and that dealers and investors did not have the protection of the law. Cryptocurrency such as bitcoins is a digital or virtual currency in which coded techniques are used to regulate the generation of units of currency and verify the transfer of funds.The much talk about and profitable trading in cryptocurrencies has met dead end as Reserve Bank of Zimbabwe stopped local banks from trading or processing their payments. It operates independently of a country’s central bank. Mangudya said that the Reserve Bank had directed all banking institutions not to provide banki...

Stop illegal Financial Rocketing...Docketing and Racketing   Money laundering: CBN goes hard on banks • Non-compliant bank’s Boards may be removed The Central Bank of Nigeria (CBN) and the Office of the Attorney General of the Federation (OAGF) have approved new administrative sanctions regime against banks and their staff who fail to comply with anti-money laundering and terrorist financing regulations. The new rule, signed by CBN Director, Financial Policy and Regulations, Kelvin Amugo, requires that where the Board of a financial institution, a director or officer responsible for ensuring anti-money laundering compliance with any relevant provision of these regulations has been penalised in three consecutive examination cycles and the breach continues, the CBN may suspend or remove the Board, director, or officer of that institution. The framework released at the weekend also spelt out dissuasive monetary sanctions against Banks and Other Financial Institutions ...

What Could Happen If .... Ekiti guber: What will happen to Fayose for ‘attacking’ president – Dele MomoduMomodu Veteran journalist, Dele Momodu has predicted what will happen to Ekiti State Governor, Ayodele Fayose, few weeks to the end of his tenure. The media mogul alleged that Fayose, a critic of the current government, will find it tough because President Muhammadu Buhari’s “people” will unleash “terror and keep him busy”. Momodu who took to his Twitter handle also noted that Fayose will find it very difficult to fund the governorship campaign of his deputy, Kolapo Olusoji. He also observed that the manner in which the Minister of Solid Minerals, Kayode Fayemi emerged governorship candidate of the All Progressives Congress, APC, was an indication that he has “some war chest” behind him. He wrote: “I love the way we all overrate some and underrate others. Fayose  will find it tough in the next few weeks. “He will find it hard to raise funds once he’...

A True Statement From A Real And Core PartEkitiEkiti APC primary: Segun Oni speaks on defeat to Fayemi Former Ekiti Governor, Segun Oni, has congratulated Minister of Solid Minerals, Kayode Fayemi, on his victory in Saturday’s All Progressives Congress (APC) governorship primary Oni has vowed not to leave APC because of his loss and promised to give Fayemi his support to win the governorship election. “I am a party person, I will not only support him (Mr Fayemi), I will encourage him. I don’t have any intention of leaving the APC,” Oni said. The Ekiti governorship election will hold July 14.

Stop stop Being Luxurious At The Expense of African People!!! Gambia sells ex-leader’s luxury cars, planes to pay off debt Gambia is selling several planes and a fleet of luxury cars bought by former president Yahya Jammeh as it seeks to reduce debt contracted during the former leader’s decades-long rule. Jammeh, who seized power in a 1994 coup, fled Gambia early last year as West African neighbours were poised for military intervention to topple him after he refused to step down following an election loss to current President Adama Barrow. While most of his people struggled in poverty under one of West Africa’s most oppressive regimes, Jammeh acquired vast wealth. Much of the wealth he packed into planes and carried with him into exile in Equatorial Guinea. However, a fleet of vehicles, including several Rolls-Royces with Jammeh’s name embroidered in their red leather headrests, were left behind on the tarmac. “The fleet of expensive vehicles at State House and...

Invitation still Declined I don’t owe Senate any apology – IG of Police   If 1 day ago The Inspector-General of Police, Ibrahim Idris, has said the Force does not owe any individual or group any apology in  Idris made this clear in a statement issued on his behalf by the police spokesman, Jimoh Moshood, on Wednesday, in response to a resolution made by the Senate over his refusal to honour its invitation. Hide quoted text The IGP has to appear before the Senate on three different occasions. Idris has now accused the lawmakers of attempting to witch-hunt him, vowing not to be intimidated. Below is the statement: The attention of the Nigeria Police Force has been drawn to the media reportage of the Senate’s resolution on Senate Order Paper of today, Wednesday, 9th May, 2018 after a closed door session that the “Senate declares the Inspector General of Police, IGP Ibrahim k. Idris, NPM, mni, as enemy of democracy and unfit to hold any pu...