Court Stops EFCC, DSS, Police From Arresting Fani-Kayode, Odumakin

The Abuja division of the Federal High Court has issued a restraining order against the Economic and Financial Crimes Commission (EFCC), the Department of State Services (DSS) and the Nigeria Police from arresting or detaining a former Aviation Minister, Femi Fani-Kayode and Yinka Odumakin. The preservative order was granted by …

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Gencos Cry Out Over N1tr Shortfall

The Executive Secretary, Association of Power Generation Companies (APGC), Barrister Joy Ogaji, on Monday raised the alarm over the liquidity challenges facing the electricity generation companies otherwise known as Gencos , saying that their current shortfall has exceeded N1trillion. Speaking with The Nation on phone, she noted that the N701billion …

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EFCC Intercepts $2.8b At Enugu Airport

The Economic and Financial Crimes Commission (EFCC) on Friday intercepted the sum of $2.8million from two men at Akanu Ibiam International Airport, Enugu. The suspects, namely Ighoh Augustine and Ezekwe Emmanuel were nabbed based on Intelligence reports. According to the commission, the suspects were caught with two suitcases containing $1.4 …

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