GFATM Suspends Activities In Nigeria, Demands Probe By Buhari.

The Global Fund to Fight AIDS, Tuberculosis and Malaria (GFATM) has suspended disbursement of funds to Nigeria following discovery of large scale fraud to the tune of millions of dollars.

The organisation, which is the highest donor to Nigeria in terms of HIV and malaria, said it has disbursed more than $1.4 billion to the country since 2003.

Calling on President Muhammadu Buhari to take action, Global Fund said Nigeria has faced significant challenges around financial management, which has led to a number of investigations and recoveries of grant money in the past years.

Peter Obi Influenced Fidelity Bank's Transactions With Diezani - Bank MD,Okonkwo

Former governor of Anambra state, Peter Obi may be next in line to be invited by the EFCC and here is why. Recently the anti-graft commission arrested the former MD of Fidelity bank,Nnamdi Okonkwo for his involvement in the $115 million election bribery scandal. Okonkwo received huge cash sums in dollars from 4 oil companies and disbursed them to certain beneficiaries on behalf of ex-petroleum minister Diezani Allison Madueke.

Fulani Herdsmen: Abia Revives Bakassi Boys To Guard Rural Communities

FOLLOWING the raging attacks of communities across the country by Fulani Herdsmen, Abia State Governor, Dr. Okezie Ikpeazu has approved the deployment of the State’s Vigilant outfit, Bakassi Boys to all rural communities of the State.

The Governor also directed all monarchs in the State to nominate 10 youths to the Local Government Commissioner to join a planned intensive training of the Bakassi vigilante for onward deployment to the rural communities. He said that they would assist in community policing under the supervision of the police.

Lekan Shonde Murders Wife, Ronke

This is Ronke Shonde and her husband, Lekan Shonde. She was found dead in her home yesterday morning and her husband is missing. He is believed to have beaten her death during a domestic dispute in their home. See her family photos and photo of her corpse after she was found this morning, after the cut. She leaves behind two young children. Please ladies, your life is not worth any marriage. At least think of your kids. Who will take care of them if your man kills you...who?

Polytechnic Bida Lecturer Rapes A Student

THE Federal Polytechnic, Bida, has suspended a lecturer in the Department of Public Administration for allegedly raping an ND1 student in the department.

Our correspondent gathered that the lecturer was caught in the act.

The Police Public Relations Officer, Niger State Police Command, Bala Elkana, confirmed the incident, adding that the culprit would remain in police custody pending the completion of investigation.

I Was Sidelined In Disbursement Of Campaign Funds- Chris Anyanwu.

Senator Chris Anyanwu yesterday said that though she was one of two persons appointed to oversight President Goodluck Jonathan’s campaign in Imo State but that she was completely sidelined in the disbursement of the funds earmarked for the campaign.

Senator Anyanwu in a statement made available to Saturday Vanguard confirmed being invited to the Enugu offices of the Economic and Financial Crimes Commission, EFCC where she said she deposed her innocence of any financial dealings during the campaign.

Glo Gains 80% Of New Internet Customers In First Quarter Of 2016 While MTN Drop.

The Nigerian Communications Commission report for the first quarter of 2016 indicated that Globacom has strengthened its position as Nigeria’s preferred network for new data subscribers.

In the report covering the first three months of the year just released by NCC, Globacom recorded an additional 1,448,354 new internet subscribers on its network during the period. The figure is made up of 354,178 for January, 248,593 for February and 845,583 for the month of March. Globacom’s total internet customers as at the end of the quarter stood at 26,530,420.

N5Billion Recovered From Yemi Adeola, Sterling Bank MD

The Economic and financial crimes commission has successfully recovered a sum of N5 billion naira from embattled Sterling bank CEO, Yemi Adeola who was arrested on Thursday. Investigations reveal that a total sum of $88 million was traced to a hidden account managed by Adeola.The money was transferred to him from Fidelity Bank.The $88 million found at Sterling Bank is separate from the $115m given to Fidelity Bank by the Diezani Alison-Madueke. These funds were earmarked to bribe officials of the Independent National Electoral Commission (INEC) to rig the 2015 presidential election in favor of Goodluck Jonathan. Adeola had kept the $88m as an "off-record" transaction. The anti-graft agency is getting poised to arrest some other staff of Sterling bank who reportedly shut down their computers when the officials of the commission stormed the bank headquarters.This was to prevent them from having access to bank and transaction records.

Kudrin Returns?

by Alexander Mercouris for The Duran

The announcement that former Russian Finance Minister Alexey Kudrin has been appointed deputy head of Russian President Putin’s Council of Economic Advisers has provoked a stir.

This is not surprising. Few individuals in Russian politics polarise opinion as strongly as Kudrin does.

Buhari Arrives Daura After Signing The 2016 Budget.PICS

President Muhammadu Buhari has arrived Daura his home town in Katsina state for a short break after signing the 2016 national budget earlier today. The President who is expected back in Abuja by Monday, was received by the state governor, Alhaji Aminu Masari and top federal and state government functionaries at the airport before leaving for Daura, his hometown.

House On Fire This Morning In Owerri- Firemen Worked With Muftis

Residents of this neighbourhood in Owerri, Imo State woke up to the shouts of fire, which had engulfed a 2-storey building within the neighborhood. According to the eye-witness (Nnamdi Nwaigwe) who took the photos, the Imo State Fire Service Men later intervened, but that was after much damage had been done.

I Budgeted N200 Billion For Roads Unlike Jonathan’s Paltry N18 Billion – Buhari

President Muhammadu Buhari says his administration has prioritised the repair and construction of roads within the country, unlike his predecessor, Goodluck Jonathan, who earmarked very little for infrastructure.
Mr. Buhari said this in a speech Friday before signing the 2016 budget into law.
“To illustrate our renewed commitment to infrastructural development, the 2016 budget allocates over N200 billion to road construction as against a paltry N18 billion allocated for same purpose in the 2015 budget,” President Buhari said.

"Niger-Delta Avengers" Threaten To Bomb Lagos And Abuja - Madoch Agninibo

A Niger Delta Militant Group, the “Nigeria Delta Avengers” has issued a statement threatening to “take it to” Lagos and Abuja after bombing Chevron platforms in Warri, Delta state.

In a statement signed by one Col. Madoch Agninibo, the group threatened to carry out other attacks on oil installations outside the Niger Delta in Abuja and Lagos.

EFCC Arrests Herbert Wigwe, Access Bank MD

The Economic and financial crimes commission, today raided the Headquarters of Access bank and have detained the MD, Herbert Wigwe....more details soon.

UPDATE :

Wigwe was arrested over the role he played in the huge sums of cash laundered through the bank by officials of the Nigerian Maritime Administration and Safety Agency (NIMASA). An EFCC source who pleaded anonymity revealed that the Access Bank MD received $5 million routed through Zenith Bank. 

Budget: Saraki Assures Nigerians Of Adequate Oversight

Senate President, Dr. Abubakar Bukola Saraki has commended Nigerians for their patience while awaiting presidential assent to the 2016 Appropriation Act and promised that the National Assembly will ensure its proper implementation through diligent oversight.

Saraki who today (Friday) joined Speaker Yakubu Dogara and other top government officials in witnessing the signing of the budget into law by President Muhammadu Buhari, said the responsibility is now that of both the executive and the legislature to ensure that the objectives and goals of the budget are duly realized.

Azasoo-Nkornoo, Mc Flava Pounds Is Dead (Pictured)

Popular Ghanaian actor, Lucky Azasoo-Nkornoo better known as Mc Flava Pounds, passed on in the late hours of Wednesday, May 4 after a brief illness.

Mc Flava Pounds starred in the popular Efiewura TV series and he also made a cameo appearance in Atom’s ‘Yewo Krom’ video.

Okada Rider Found Dead In Delta, His New Motorcycle Missing (Graphic Photos)

According to Ono Okeh, an Okada rider was killed in front of her office gate in Delta State on Wednesday, May 4. The victim’s body was found in the pool of his blood and is suspected to have been killed because of his brand new motorcycle.
“In as much as I hate to share such sickening news these days, this is just too close for comfort. I quite understand the location of my work place is a bit quite and bushy but for a man to be murdered and yet no one within or outside the premise witnessed the incident and probably raised alarm breaks my heart.” She wrote.

EFCC Operatives Leave Fani-kayode’s Home

Gun-wielding operatives of the Economic and Financial Crimes Commission, EFCC, who earlier stormed the No 5, Zuma Close, off Aso Drive, Abuja home of former spokesperson of Goodluck Jonathan’s Presidential Campaign Organization and erstwhile Minister of Aviation, Chief Femi Fani-Kayode, have left the place.

Car bursts into flames on Oba Okran Road (Photo)

According to Twitter User @tullar360, a car is presently on fire on Oba Akran Road, Ikeja. From the look of the picture shared, the car is totally damaged.

Ekweremadu Not EFCC’s Anti-Corruption Ambassador

The attention of the Economic and Financial Crimes Commission, EFCC, has been drawn to some reports in the print and online media, on April 20, 2016 claiming that the anti-graft agency has decorated the Deputy Senate President, Ike Ekweremadu, as “Anti-Corruption Ambassador”.

Anti-Graft War: NLC Pledges Support for EFCC

President of the Nigeria Labour Congress, NLC, Ayuba Wabba, has assured the Economic and Financial Crimes Commission, EFCC, of the union’s unalloyed support in the fight against economic and financial crimes.


Wabba, who led some members of the union to the EFCC headquarters in Abuja on April 19, 2016 stressed the importance of having a united front in confronting the “monster” called corruption.

EFCC, CBN Collaborate On Anti-Graft War

The Economic and Financial Crimes Commission EFCC, is to collaborate with the Central Bank of Nigeria, CBN, to review laws of the Banking and Other Financial Institutions Act, BOFIA, 2004 to effectively tackle the emerging money laundering trends and other corrupt practices in the country.

How Nwobike Paid N750,000 Into Justice Yunusa’s Account - Witness

A witness in the ongoing trial of Dr Joseph Nwobike SAN, who is standing trial for allegedly bribing a Federal High Court judge, today told a Lagos State High Court sitting in Igbosere, how the senior lawyer paid N750,000(Seven Hundred and Fifty Thousand Naira) into  Justice Mohammed Nasir Yunusa's bank account with Zenith bank.

Court Affirms Jurisdiction To Try Rickey Tarfa

Justice A. A. Akintoye of the Lagos State High Court sitting in Igbosere on Friday, dismissed an application filed before the court by Rickey Tarfa, SAN, challenging the jurisdiction of the court and seeking an order to quash the 27-count charge bordering on alleged willful obstruction of authorized officers of EFCC, refusing to declare assets, making false information and offering gratification to a public official brought against him by the anti-graft agency.

George Uboh, EFCC Accuser Bags 3 Years Jail Term for Fraud

George Uboh, the serial fraudster who sensationally accused the Economic and Financial Crimes Commission of diverting proceeds of recovered assets was today convicted and sentenced to three years imprisonment by Justice S. E. Aladetoyinbo of the Federal Capital Territory High Court Abuja, for his role in converting the property of the defunct Police Equipment Foundation to his own use.