The Economic and Financial Crimes Commission (EFCC) has announced plans to commence the prosecution of banks and their top officials for financial frauds. The EFCC Chairman, Mr Olanipekun Olukoyede, said at the 17th Annual Banking and Finance Conference organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Abuja[Read More…]
Tag: top officials for financial frauds
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]