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Buhari's Billionaire Ex-Aide And Nephew, Tunde Sabiu Told Emefiele To Redesign Naira Notes; CBN Board Not Involved – Special Investigator

The immediate former Governor of the Central Bank of Nigeria, Godwin Emefiele awarded N61.5 billion for the printing of ill-fated new naira notes to a United Kingdom company, De La Rue in flagrant violation of President Muhammadu Buhari's directive that it should be given to a domestic firm. This revelation is contained in the report of President Bola Tinubu's Special Investigator on the CBN and Related Entities, Jim Obaze. ....

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Nigeria's Ex-Central Bank Gov, Emefiele Lodged £543Million In Fixed Deposits In UK Banks, Illegally Kept Billions Of Naira In US, Chinese, Other Banks

A report of the Special Investigator on management of the Central Bank of Nigeria (CBN), under Godwin Emefiele has revealed how he lodged £543,482,213 in fixed deposits in United Kingdom banks alone without authorisation. The Special Investigator on the CBN and Related Entities, Jim Obazee in the report revealed that Emefiele also illegally lodged billions of naira in no fewer than 593 bank accounts in the United States, and China including the United Kingdom without the approval of the apex bank’s board of directors and the CBN Investment Committee. ....

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Return of cabals

If there is one word that has refused to leave the nation’s political space and which Nigerians have become used to, it is the word ‘cabal.’ ....

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EXCLUSIVE: Powerful Cabal Lobbies Tinubu Government To Divert N35Billion Out Of N154Billion Licence Renewal Debt Paid By Globacom

A powerful cabal allegedly in collusion with the immediate former Executive Vice Chairman of Prof. Umar Garba Danbatta and his son is pushing to divert part of the spectrum licence fees recently paid to the Nigerian government, SaharaReporters has learnt. Sources told SaharaReporters on Wednesday that the cabal is pushing to divert from established protocols N35 billion from the N154 billion spectrum licence fees paid by the telecommunication giant. ....

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BREAKING: Tinubu Government Appoints Aminu Maida To Replace Danbatta As NCC Executive Vice Chairman, Announces Other Appointments

The Nigerian Communications Commission (NCC) will today (Wednesday) name Aminu Maida as the new Executive Vice Chairman (EVC). The appointment of Maida by President Bola Tinubu’s administration comes after the exit of the controversial EVC of the commission, Prof. Umar Garba Danbatta, who is expected to leave office with immediate effect. ....

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