Thursday, November 15, 2018

Tag "probe"

    Group writes reps, demands probe of SEC DG over N104m severance pay

Group writes reps, demands probe of SEC DG over N104m severance pay

The Centre for Anti-Corruption and Open Leadership (CACOL), a human rights group, has written to Yakubu Dogara, speaker of the house of representatives, to demand the probe of Mounir Gwarzo, director-general of the Securities and Exchange Commission (SEC).Gwarzo had allegedly collected a severance package of N104 million from the commission shortly after he was named its director-general in 2015.He allegedly paid himself the [...]

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    Senate probes ‘diversion of N20trn stamp duties’

Senate probes ‘diversion of N20trn stamp duties’

The senate has directed its committee on finance, banking and insurance to investigate allegations of unremitted stamp duties revenue valued at about N20 trillion.The panel will probe the implementation of the stamp duty act collection in the last five years and report its findings, observations and recommendations to the senate in about eight weeks.John Enoh, senator, Cross River central, led [...]

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    THE LIST: Fayemi, Okonjo-Iweala, Akpabio — high-profile individuals ‘under EFCC probe’

THE LIST: Fayemi, Okonjo-Iweala, Akpabio — high-profile individuals ‘under EFCC probe’

The high-profile individuals who are reportedly being probed by the Economic and Financial Crimes Commission (EFCC) include former governors, ex-ministers, justices and an ex-first lady.According to PUNCH, not less than 100 high-ranking public officials and persons who served in the Goodluck Jonathan administration are in a list seen by its reporters.The list was said to have been sent to Abubakar [...]

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    28 Michael Okpara varsity professors face possible demotion

28 Michael Okpara varsity professors face possible demotion

The governing council of Michael Okpara University of Agriculture, in Umudike, Abia state, has been advised to demote 28 professors.The recommendation was made by a panel set up to examine the "challenges influencing quality of academic programmes" in the university. [...]

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    As gov, Fayemi ‘approved supply of 156 vehicles’ without signing any document

As gov, Fayemi ‘approved supply of 156 vehicles’ without signing any document

Justin Ighene, an official of Coscharis Motors Nigeria Limited, has alleged that Kayode Fayemi, former governor of Ekiti state, awarded the company a contract to supply 156 vehicles, through an oral agreement.He said this on Thursday while speaking at the sitting of the judicial commission of inquiry set up by the state government to investigate Fayemi’s expenses while in office.Ayodele Fayose, [...]

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    Nigerian investigators invited to probe aircraft crash in Sao Tomé

Nigerian investigators invited to probe aircraft crash in Sao Tomé

The Accident Investigation Bureau (AIB) has been invited by São Tomé and Principe to probe the crash of an aircraft in the West African island.The invitation came through the Banjul accord group accident investigation agency (BAGAIA), an arm of the international civil aviation organisation.In a statement issued on Thursday by Tunji Oketunbi, AIB head of public affairs, the bureau said [...]

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    Human rights violation should be accounted for, says Amnesty on panel set up by Osinbajo

Human rights violation should be accounted for, says Amnesty on panel set up by Osinbajo

Amnesty International (AI) says human rights violation should not be unaccounted for.Reacting to the judicial panel set up to investigate alleged human rights violations by the military, Osai Ojigho, director, AI Nigeria, said the commission must be independent and impartial.On Friday, Acting President Yemi Osinbajo set up a commission to investigate the allegations levelled against the military by Amnesty International.Isa Sanusi, spokesman [...]

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    N30trn probe: Senate asks police to arrest 30 CEOs

N30trn probe: Senate asks police to arrest 30 CEOs

The senate has directed the police to arrest chief executive officers (CEOs) of 30 firms for failing to appear before its committee probing national revenue loss.The companies are alleged to have been involved in the N30 trillion-revenue believed to have been lost by the country in its maritime sector.The senate joint committee on customs, excise and tariff and marine transport, [...]

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    N30tn probe: Senate threatens to arrest CEOs of Glo, Dana Group

N30tn probe: Senate threatens to arrest CEOs of Glo, Dana Group

The senate on Wednesday threatened to arrest the chief executive officers (CEOs) of 16 companies, including Glo, for failing to honour its invitation over the N30 trillion revenue probe.Hope Uzodinma, chairman of the senate joint committee on customs, excise and tariff and marine transport, gave the warning at a meeting with some of the firms in Abuja on Wednesday.The committee [...]

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    Kano anti-corruption agency suspends probe of Sanusi

Kano anti-corruption agency suspends probe of Sanusi

Kano state public complaint and anti-corruption commission has suspended its probe of Muhammad Sanusi II, emir of Kano.The agency had launched an investigation into the finances of the Kano emirate under Sanusi.The monarch was alleged to have misappropriated N6bn of the emirate’s funds.The probe was initiated in the heat of Sanusi’s criticism of the northern establishment.He once described the north [...]

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    Senate probes BPP over ‘corrupt’ issuance of no objection certificate

Senate probes BPP over ‘corrupt’ issuance of no objection certificate

The senate has mandated its committee on public procurement to investigate the Bureau of Public Procurement (BPP) over its "corrupt" issuance of certificate of no objection.The committee will also probe the alleged failure of the BPP to conduct mandatory post procurement audit.The committee is expected to submit its report in five weeks.The resolutions of the senate followed a motion sponsored [...]

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    Those behind Queen’s College deaths must be prosecuted, says Saraki

Those behind Queen’s College deaths must be prosecuted, says Saraki

Senate President Bukola Saraki wants those responsible for the deaths of three students of Queen's College, Lagos, to be prosecuted.The students died in February, following an outbreak of diarrhoea in the school. The federal government had  set up a team to investigate the incidents.On Thursday, Chuks Okocha, Saraki's special assistant on print media, quoted the senate president as saying that [...]

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    Dogara calls for probe of Calabar viewing centre tragedy

Dogara calls for probe of Calabar viewing centre tragedy

Yakubu Dogara, speaker of the house of representatives, has urged the Cross River state government to conduct a thorough investigation into the circumstances surrounding the death of football fans in Calabar.The speaker expressed sadness over the unfortunate incident which led to the death of football fans in a viewing centre.In a statement issued by Turaki Hassan, the speaker’s special adviser [...]

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    Probing past Kogi governors not a witch hunt, says Yahaya Bello

Probing past Kogi governors not a witch hunt, says Yahaya Bello

Yahaya Bello, governor of Kogi, has said that the decision to probe finances of the state, from 2003 to 2016, was not aimed at settling political scores with his predecessors.The governor stated this in Lokoja on Wednesday while receiving the report of a commission of inquiry set up to probe the finances of the state under two previous administrations.He said [...]

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    Wiretap claim: Trump wants Obama probed by US congress

Wiretap claim: Trump wants Obama probed by US congress

US President Donald Trump has asked Congress to determine whether Barack Obama ordered illegal wiretapping of Trump Tower during the 2016 presidential election.Sean Spicer, White House press secretary, made this known in a statement on Sunday."Reports concerning potentially politically motivated investigations immediately ahead of the 2016 election are very troubling," Spicer said."President Donald J. Trump is requesting that as part [...]

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    THE FILE: Not just Ihejirika, Minimah. All 54 people under probe over fresh arms scandal

THE FILE: Not just Ihejirika, Minimah. All 54 people under probe over fresh arms scandal

On Thursday, President Muhammadu Buhari ordered the probe of 54 individuals, as recommended by the committee on the audit of procurement of arms.Those listed for investigation include 18 serving and retired military personnel, 12 serving and retired public officials and 24 chief executive officers of companies.The committee, led by John Ode, disclosed that the total amount spent for procurement and [...]

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Exchange Rates

November 13, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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