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Surprise Surprise! EFCC Removes Diezani From $1.6b Charge Against Ex-NNPC Directors

SAN FRANCISCO, July 04, (THEWILL) - The Economic and Financial Crimes Commission (EFCC) on Monday applied to remove former Petroleum Resources Minister, Diezani Alison-Madueke, from a $1.6b money laundering charge it filed against former Directors of the Nigerian National...

Police Gets 7 New DIGs, New Police Secretary

SAN FRANCISCO, July 04, (THEWILL) - Seven (7) new Deputy Inspectors-General of Police (DIG) have been appointed for the police force in Nigeria by the Police Service Commission (PSC), the agency authorized by law to commission appointments in the...

CBN Announces Tokunmbo Abiru As Skye Bank’s  New CEO

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The Central Bank of Nigeria, CBN, has announced Tokunmbo Abiru as the new Chief Executive Officer, CEO, of Skye Bank, shortly after Timothy Oguntayo resigned as the bank’s Managing Director, ahead of a pronouncement by the apex bank on Monday over...

Buhari Appoints Baru As New GMD, NNPC, Approves New Board Of Directors

SAN FRANCISCO, July 04, (THEWILL) - President Muhammadu Buhari has approved the appointment of a new Group Managing Director (GMD) for the Nigerian National Petroleum Corporation (NNPC). He is Dr. Maikanti Kacalla Baru. He replaces Dr. Ibe Kachikwu who until...

Court Declares PDP Convention Legal, Confirms Sack of Sheriff

SAN FRANCISCO, July 04, (THEWILL) - The Federal High Court sitting in Port Harcourt, the Rivers capital, on Monday ruled that the decision of the Peoples Democratic Party, PDP to have dissolved the Senator Ali Modu-Sheriff led executive of...

Monies Stolen From Nigeria Will Never Be Allowed Into US – Ambassador Vows

SAN FRANCISCO, July 04, (THEWILL) – The United States, U.S Ambassador to Nigeria, James Entwistle has reaffirmed his country’s commitment to assist Nigeria fight corruption and ensure that no stolen funds are laundered through its banking system. Entwistle stated this...

Ex-female Minister Hid N2.5b In Housemaid’s Account

SAN FRANCISCO, July 03, (THEWILL) – The Economic and Financial Crimes Commission (EFCC) has traced a bank account with over N2.5billion in the name of a housemaid to a former female Minister. Reports indicate that the account was opened by the...

Unfortunate: Gunmen Kill Oyo Assembly Member Awaiting PhD Degree

BEVERLY HILLS, July 3, (THEWILL) - A member of the Oyo State House of Assembly, Gideon Aremu, has been murdered by unknown gunmen in Ibadan, the state capital. Aremu had just completed his Doctor of Philosophy (PhD) degree in Mathematics...

Niger Delta Avengers Announces Multiple Attacks On Oil Facilities

SAN FRANCISCO, July 03, (THEWILL) – The Niger Delta Avengers, on Sunday, said it had mounted five attacks on major oil and gas installations in Nigeria. In a series of messages on its Twitter feed, the group said it attacked...

How Buying Forex From Anonymous Source Landed Oil Trader Wagbatsoma In International Money Laundering Trial

BEVERLY HILLS, July 1, (THEWILL) - Nigerian oil trader, Mr. Walter Wagbatsoma, Managing Director of Ontario Oil and Gas Ltd, has been charged in the United Kingdom by the Economic Crime Unit of Lincolnshire Police, in connection with a...