Showing posts with label billions. Show all posts
Showing posts with label billions. Show all posts

Friday, 20 November 2015

Goodluck Jonathan Finally Speaks on $2b Arms Procurement Saga

Immediate-past President Goodluck Jonathan, yesterday, debunked allegations that his administration awarded contract for arms procurement to the tune of $2 billion.

Jonathan, who spoke in Washington DC, on “Presidential elections and democratic consolidation in Africa: Case studies on Nigeria and Tanzania,” a conversational forum, co-hosted by the National Democratic Institute (NDI) and the Center for Strategic and International Studies (CSIS), stated categorically that “I did not award any $2 billion contract for procurement of weapons.”

Tuesday, 17 November 2015

This Nigerian E-Payment Company Is At The Center Of A N25 Billion Corruption Inquiry

It’s not everyday that a Nigerian tech company is in the national mainstream press, but one is currently getting all the attention, albeit, in an unflattering corner.

Remita, a payments platform owned by SystemSpecs, a Lagos-based Fintech company is presently at the center of what is building up to be a national inquiry into the Nigerian Treasury Single Account (TSA) which it manages along with the Central Bank of Nigeria and commercial banks in the country.

Sunday, 15 November 2015

Okorocha’s Chief of Staff, his Cook and the missing N5bn

Valerio Viccei, an Italian moved to London in 1986 . He was a playboy and serial seducer who came to London in search of a big life and he had found it.
“I had a passion for weapons, beautiful women and fast cars,” he said. When he was caught a few days later for robbery at the wheel of his Ferrari, traced by a fingerprint, he became a folk hero. The Italian Stallion, the Wolf, the gentleman thief – he exulted in all his nicknames.