Transparency International: $5bn stolen from Nigeria frozen in foreign countries

Transparency International (TI) says an estimated $5 billion stolen from Nigeria is frozen in accounts in foreign countries. This was disclosed on Monday in Abuja during a media workshop organised by the Civil Society Legislative Advocacy Centre (CISLAC), local chapter of TI in Nigeria. Vaclav Prusa, CISLAC policy advisor, said Nigeria is responsible for the…

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A Nigerian arrested for allegedly smuggling 25 Venezuelan women into Trinidad

A Nigerian national and a Trinidadian have been arrested for allegedly smuggling 25 Venezuelan women into Trinidad. A statement issued by Trinidad and Tobago Police on Sunday, March 21, said the 27 persons were arrested by officers of the Inter-Agency Task Force, during an anti-crime exercise conducted at Icacos overnight. The exercise, which was conducted between…

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CBN Remittances: 48 approved international money transfer operators.

The Central Bank of Nigeria has published a list of the international money transfer operators (IMTOs) approved for diaspora remittances. The bank had earlier introduced a “Naira 4 Dollar Scheme”, an incentive that pays naira to senders and recipients of international money transfers. The incentive will see recipients of diaspora remittances paid N5 for every $1 received…

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Woman, son allegedly killed for rituals by Herbalist, bricklayer in Ogun

Operatives of Ogun State Police Command have arrested a 29-year-old herbalist, Baoku Gbuyi and 27-year-old bricklayer, Olamide Odulaja, for the alleged killing of a housewife, Modupeola Folorunsho and her four-year-old son, Peter, for suspected money-making rituals. The Guardian learnt that their arrest was prompted by a report made at the Ijebu Igbo Police Division by…

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