On resumption of office, President Muhammadu Buhari ordered that all federal agencies and parastatals must remit money in one single account known as the Treasury Single Account (TSA). This decision of the Presidency met with diverse criticisms from Nigerians. Some believe it is a means of checking financial fraud and curbing corruption in high places…
It is no more news that the present administration of Muhammadu Buhari a former military ruler and a no-nonsense anti-corruption agent is doing everything possible to unravel the many corrupt practices under the leadership of ex-President Goodluck Jonathan. The presidency, in its bid to start the anti-graft campaign from the top, beamed its searchlight on…
Atedo Peterside is sad and that is because the proverbial frost of misfortune has carved into his fate, the disaster of ill-luck. The Financial Reporting Council of Nigeria (FRC) has suspended the Chairman of Stanbic IBTC bank, Mr. Peterside Atedo; Managing Director, Mrs. Sola David-Borha and KPMG’s Arthur Oginga and Dr. Daru Owei over accounting…
Erstwhile Comptroller-General of the Nigeria Customs Service, Dikko Abdullahi Inde has surely prepared for life after retirement. The Musawa, Katsina State-born Customs officer is rumoured to have acquired vast hectares of land and also purchased various modern-day equipment to commence operation. It is also hinted that Dikko Inde has employed workers for the farm. Not…
Information reaching Global News affirmed that the Ologudu of Ogudu, Oba Waheed Fashola is currently entangled in a land crisis that may threaten his throne and probably give him some level of disrespect from his subjects. The monarch is alleged to have sold lands at the Ogudu foreshore which actually belong to a top chieftain…
These days, Nigerians are getting fed up with the illegal activities of those who are supposed to manage their funds for them, the bankers. Last month, some bankers and their cohorts were arrested by the police for being involved in an N8 billion scam. The rate at which corruption is now dominating the banking halls…
The issue of fuel scarcity has become a typical one on the lips of a lot of Nigerians in recent months and the matter got to a head in the last week of April creating untold hardship for the general populace. While the general public are paying through their nose just to have some litres…
For subscribers of one of the leading telecommunications company, Globacom it is not business as usual as they are facing a lot of hardship at the moment from this network provider and they are not hiding their feelings. As the story goes, for a long time now, they have been battling with serious issues regarding…
Many Nigerians are not aware that there are negative and positive implications when they are applying to get foreign nationalities different from their Nigerian status. One of them has run into problem because he is holding a dual citizenship as a court in Nigeria ruled that he should be extradited to United Kingdom to face…
AFTER the euphoria of their electoral victories, one of the major challenges that will confront the President-elect, Major-General Muhammadu Buhari (retd), and 20 or 21 new governors is the level of debt stock the out-going administrations will leave behind. According to the Debt Management Office, DMO, the Federal Government has a stock of $6.445 billion…
