Fraud Detection: OAGF Commences Training on Forensic, Investigative Auditing
In fulfillment of his resolve to fully implement the Internal Audit modernization process in ministries, departments and Agencies of government, the Accountant-General of the Federation, Mr. Ahmed Idris, declared open,…
Takata pleads guilty, fined $1bn for lying about airbag inflators
Tokyo-based Takata Corporation pleaded guilty Monday to one count of wire fraud and was sentenced to pay $1 billion in criminal penalties for lying about defective airbag inflators. Takata appeared…
Nigeria to attract $10bn oil and gas investment in five years – Kachikwu
Nigeria will attract more than 10 billion dollars investments to the oil and gas industry in the next five years, the Petroleum minister Ibe Kachikwu, has said. Kachikwu said this…
Trumps blames Obama for White House leaks, says ‘I will be a hypocrite to attend White House Correspondents’ dinner’
Coming off a major confrontation with US media, President Donald Trump has said he believes Barack Obama is behind the spate of protests against Republican lawmakers, and national security leaks…
Nigerians top list of migrants making ‘desperate journeys’ to Europe – UNHCR
The Office of the UN High Commissioner for Refugees (UNHCR) has raised an alarm that refugees and migrants, many of them Nigerians, are taking more “diversified and dangerous journeys” to…
Economy: GDP contracts but agriculture, ICT stay up in Q4 2016 report
There are now indications that the Nigerian economy is well on its way out of recession considering the 2016 overall and last quarter Gross Domestic Product reports. A review of…
Nigerians are not our enemies, writes Ulrich Janse Van Vuuren, South African activist
The xenophobic attacks in Gauteng have left me concerned about the level of discrimination from some South Africans towards fellow Africans. I am worried about my Nigerian friends and colleagues….
Samsung boss, four others indicted of bribery, corruption
The heir to the Samsung empire, Lee Jae-Yong and four other top executives were indicted Tuesday on multiple charges including bribery and embezzlement, South Korean prosecutors said in the latest…
Naira firms up as CBN floats more dollar into market
The Central Bank of Nigeria said on Monday it sold $80 million to retail customers and another $100 million in currency forwards to increase dollar liquidity and support the naira….
Zenith Bank bullish, declares N129.65 billion profit
In a recession year, Zenith International Bank Plc has managed to stay afloat, declaring a profit after tax of N129.65 billion and a final dividend of N1.77 per share for…