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BEVERLY HILLS, July 01, (THEWILL) – A Federal High Court presided over by Justice Rita Ofili-Ajumogobia has discharged and acquitted Mr. Femi Fani-Kayode, a former Minister of Aviation, of money laundering, saying the Economic and Financial Crimes Commission (EFCC)...

BEVERLY HILLS, June 30 (THEWILL) – President Muhammadu Buhari has appointed Mrs. Amina Bala Zakari as the Acting National Chairman of Nigeria’s electoral body, Independent National Electoral Commission (INEC), following Tuesday’s retirement of Professor Attahiru Jega, its former chairman.   Until her...

BEVERLY HILLS, June 30 (THEWILL) – President Muhammadu Buhari Tuesday in Abuja applauded steps being taken by the Office of the National Security Adviser (ONSA) and other agencies of government to rehabilitate victims of terrorism and violent extremism in Nigeria. Speaking...

BEVERLY HILLS, June 30 (THEWILL) – President Muhammadu Buhari said Tuesday in Abuja that his administration will undertake appropriate reforms and implement fresh policies to boost national income from oil and gas production. Speaking at separate meetings with delegations from Exxon-...

SAN FRANCISCO, June 30, (THEWILL) – Former Coordinating Minister of the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, has denied spending without authorisation $2.1 billion from the Excess Crude Account, saying the Federation Accounts Allocation Committee (FAAC) approved...

A Chadian Public Prosecutor, Alghassim Khamis, said on Tuesday that one of the key Boko Haram leaders, Baana Fanay, who has been coordinating trafficking of weapons in Nigeria, Cameroon and Chad was arrested on Sunday in N'Djamena. Khamis said Fanay...

BEVERLY HILLS, June 30 (THEWILL) – The Central Bank of Nigeria (CBN) has extended the Bank Registration Verification (BVN) deadline to Oct. 31, to accommodate customers who had thronged the banks to beat this week’s deadline. The extension was announced Tuesday...

BEVERLY HILLS, June 30 (THEWILL) – Professor Attahiru Jega has retired as Chairman of the Independent National Electoral Commission (INEC) after five years in the saddle where he supervised two general elections – 2011 and 2015. Jega formally bowed out day and...

… Raises 4-man Committee To Verify Accruals, Withdrawals From Federation, Excess Crude Accounts SAN FRANCISCO, June 29, (THEWILL) – Following revelations that state owned Nigerian National Petroleum Corporation (NNPC) earned N8.1 trillion, remitted only N4.3 trillion into the account of...

SAN FRANCISCO, June 29, (THEWILL) – The Nigerian naira on Monday fell sharply against the United States dollar trading at N226 - $1 in the parallel market (black market) from its close of N220 last week. Forex dealers, who spoke...