![]({"jaw_blog-16_9-small":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2018\/11\/Shell-Eni-170x95.jpg","width":170},"jaw_blog-16_9-middle":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2018\/11\/Shell-Eni-270x152.jpg","width":270},"jaw_blog-16_9":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2018\/11\/Shell-Eni-475x267.jpg","width":475}})
Nigeria to lose $6 billion in a “corrupt” oil deal with Shell and Eni
A deal Shell and Eni brokered with the Nigerian government in 2011 is set to cost the African nation $6 billion in lost revenue, a report claimed Mond...
Financial Crime
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Nigeria loses N50 billion annually to illegal courier operators
Illegal courier operators exploiting the weak regulatory framework in the industry together with absence of stiff punishment for offenders have contin...
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EFCC probes Benue state governor Ortom over ‘N22bn fraud’
The Economic and Financial Crimes Commission (EFCC) is investigating Samuel Ortom, governor of Benue, over the alleged diversion of N22 billion. Accor...
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EFCC to commence investigation of outgoing Ekiti governor Fayose, Lere Olayinka
The Economic and Financial Crimes Commission (EFCC) has begun the investigation of Ayodele Fayose, the governor of Ekiti state, his wife, Feyisetan Fa...
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KPMG to lay off 400 employees in South Africa in latest shake-up
Global auditor KPMG said on Monday it will lay off up to 400 people in South Africa, in its latest shake-up following a corruption scandal that saw it...
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Suspects in Kenya public fund theft case to stay in custody until June 4
Kenya’s public prosecutor said on Wednesday 24 civil servants and business people charged a day earlier with involvement in the theft of nearly $100 m...
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CBN collaborates with CIBN move to fight banking fraud in Nigeria
Customers can now carry out their banking transactions without fear of losing money as the Central Bank of Nigeria (CBN) collaborates with the Charter...
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We recovered over N500bn in two years – EFCC
Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says the anti-graft agency has secured 486 convictions and recov...
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How Abuja banks are cheating customers through ATM withdrawals
Commercial bank customers within the Federal Capital Territory (FCT) have decried excess charges by banks through Automated Teller Machine (ATM) withd...
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Police arrests six in Ogun state for hawking Naira notes
Operatives of the Nigeria Police Force (NPF) and officials of the Central Bank of Nigeria (CBN) have apprehended six women for hawking naira notes at ...