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

Buhari orders Printing and Minting Plc to print E-passports

President Muhammadu Buhari has directed the production and personalisation of all E-passports and related documentation shall be the sole responsibility of the Nigerian Security Printing & Minting Company (NSPMC).Popularly known as The Mint, the company was established in 1963 with the objective of producing the nation’s currency notes and coins for the Central Bank of … Continue reading Buhari orders Printing and Minting Plc to print E-passports