Wednesday, September 12, 2018

Tag "EFCC"

    Subsidy trial: Court chides EFCC over Ali’s son

Subsidy trial: Court chides EFCC over Ali’s son

An Ikeja High Court on Tuesday closed the case of the Economic and Financial Crimes Commission (EFCC) against an oil marketer, Mamman Ali, charged with N4.4 billion fuel subsidy fraud.Justice Adeniyi Onigbanjo ordered the closure of the case for what he called "lack of diligent prosecution" by the EFCC.Mamman, the son of former PDP chairman, Dr Ahmadu Ali, was charged [...]

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    Judge’s absence stalls Babalakin’s N4.7bn subsidy trial

Judge’s absence stalls Babalakin’s N4.7bn subsidy trial

The N4.7 billion allegation of fraudulent collection of on fuel subsidy levelled against Wale Babalakin, chairman of Bi-Courtney Ltd by the Economic and Financial Crimes Commission (EFCC), has been adjourned to May 12, 2014.The case was adjourned based on the absence of  Lawal-Akapo, the judge, in court.The judge was said to be attending a workshop organised by the Ikeja branch of [...]

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Exchange Rates

September 10, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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