Policy

German Police concludes training of EFCC operatives
Ination

German Police concludes training of EFCC operatives

The ten-day International training, organized by the German Police for Operatives of the Economic and Financial Crimes Commission, and other security agencies ended. The programme which was geared towards equipping investigators with the fundamental principles in fighting corruption, special aspects in conducting investigation, preventing corruption and supporting investigative measures was […]

CBN leaves interest rate unchanged at 14%
Policy

CBN leaves interest rate unchanged at 14%

Nigeria’s Central Bank said it will not tinker with the benchmark interest rate which has been retained by the apex bank at 14%. The CBN said only two of the eight monetary policy committee members voted to cut the interest rate. Nigeria has been enmeshed in its first economic recession […]

Nigeria’s June inflation slows down to 16.1%
Policy

Nigeria’s June inflation slows down to 16.1%

High hopes that Nigeria’s economy will get out of recession might be prolonged further. June inflation as released by the National Bureau of Statistics shows that the index marginally reduced to 16.1%. When compared to 16.25% in May, it is becoming clearer that the inflation rate might have reached a […]

Nigeria’s parliament approves crucial gas policy
Policy

Nigeria’s parliament approves crucial gas policy

In a bid to reduce the country’s dependence on crude oil, Nigeria’s parliament has approved a national gas policy which seeks to increase gas exploration and facilities, the oil ministry said in a statement. The policy was passed in last week’s cabinet session but only made public on Wednesday. Without […]

EFCC records 113 convictions in first half of 2017
Ination

EFCC records 113 convictions in first half of 2017

The Economic and Financial Crimes Commission (EFCC) says it has recorded about 113 convictions nationwide between January and June, 2017. The Commission’s Acting Chairman, Ibrahim Magu made the disclosure at an interactive meeting with stakeholders in Ikoyi, Lagos. The feat was made possible by the contributions and support of stakeholders, […]