EFCC boss, Olukoyede unveils sponsors of terrorism

Ola Olukoyede, Chairman of the Economic and Financial Crimes Commission (EFCC) has revealed that the anti-graft agency uncovered how a religious sect is laundering money for terrorists in Nigeria. Olukoyede made the revelation on Wednesday at the Musa Yar’Adua Centre, Abuja during a one-day dialogue on “Youth, Religion, and the Fight against Corruption.” He also said that another religious body was found to be protecting a money launderer after some money suspected to have been laundered was traced to the organisation’s bank account. The anti-graft boss noted that religious organisations,…

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Breaking: FBN Holdings name Femi Otedola as chairman

FBN Holdings Plc, a leading financial institution in Nigeria, has named businessman, Mr. Femi Otedola as the new Chairman of its Board of Directors. Otedola will succeed Alhaji Ahmad Abdullahi as the company’s chairman. FBN Holdings confirmed the appointment in a notice signed by the company’s Acting Secretary, Adewale Arogundade, and sent to the Nigerian Exchange Group (NGX) on Wednesday evening. The appointment, according to the company, took effect from January 31. FBN Holdings commended the outgoing chairman for guiding it through numerous challenges and maintaining its stature in the…

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