NNPC dispels rumour of imminent petrol scarcity

The Nigerian National Petroleum Corporation (NNPC) has advised motorists and other petroleum products consumers to disregard trending rumour of a planned hike in the pump price of Premium Motor Spirit (PMS).NNPC in statement by Group Managing Director, Mallam Mele Kyari, at the National Assembly Thursday did not suggest any plan to increase the price of … Continue reading NNPC dispels rumour of imminent petrol scarcity

Africa loses $50b per annum to money laundering

Economic and Financial Crimes Commission (EFCC) on Thursday said African countries lose $50billion to money laundering annually.The anti-graft agency added that a large chunk of the outflow was made up of illegally acquired assets spread all over the world.Zonal Head, EFCC Ilorin Isyaku Sharu, stated these to reporters in Ilorin during a road walk show … Continue reading Africa loses $50b per annum to money laundering