Tag: assets
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NDIC puts defunct Heritage Bank assets for sale
The Nigeria Deposit Insurance Corporation, NDIC has listed the head office in Lagos and branches of failed Heritage Bank across the country for sale in its role as liquidator of the bank. NDIC announced the sale of the bank properties numbering 48 and its chattel including vehicles, office equipment, plant, and machinery in another 62 locations across…
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CCB begins verification of political office holders’ assets
The Code of Conduct Bureau (CCB) has begun verification of political office holders and top government officials’ assets as part of renewed anti corruption crusade in the country. The acting Chairman of the Bureau, Mr Murtala Aliyu-Kankia, stated this while
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No amount of propaganda can stop recovery of Benue assets – Alia
Gov. Hyacinth Alia of Benue State, on Thursday said no amount of propaganda will stop the ongoing recovery of all looted state assets by the Assets Recovery Committee. This was contained in a press statement signed by his Chief Press Secretary (CPS)
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Buhari receives assets Declaration Form, direct all outgoing officials to do same
President Muhammadu Buhari says his strict adherence to the constitutional requirement of assets declaration before and after taking office is aimed at strengthening best practices and raising moral standards in Public Service. Malam Garba Shehu, the President’s spokesman in a statement on Frida
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Kano Governor-elect declares assets ahead of inauguration
Kano state Governor-elect, Malam Abba Yusuf, has declared his assets and liabilities in a completed form submitted on Friday to the Code of Conduct Bureau, CCB, Kano office. This is contained in a statement issued on Friday in Kano by the Chief Press Secretary to the Governor-elect, Sanusi Bature Dawakin-Tofa.
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Buhari-led FG wants to sell our five power plants – Shehu Sani
Former Kaduna Central Senator, Shehu Sani has claimed President Muhammadu Buhari wants to sell five power plants to raise N260 billion to fund the 2023 budget. Sani disclosed this on Wednesday in a post via his verified Twitter handle.
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Britain says it has frozen 18bn pounds worth of Russian assets
The British government said on Thursday that it had frozen assets together worth 18 billion pounds ($20.5 billion) held by Russian oligarchs, other individuals, and entities sanctioned for Moscow’s invasion of Ukraine. Russia has passed Libya and Iran to become Britain’s most-sanctioned
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It is beyond your legal power to sell or dispose assets – COURT TELLS AGF
Asset Tracing, Recovery and Management Regulations, 2019 are contrary to the statutory provisions of the EFCC Act, Trafficking in Persons Cohabitation Enforcement and Administration Act, NDLEA Act and Immigration Act
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Wema Bank announces 108.3% growth in Profit Before Tax
Wema Bank Plc’s resilience was on display as the digitally driven financial institution announced its financial results for the year ended December 31, 2021. The performance which capped a remarkable year showed strong growth in key financial indices especially as the bank crossed the ₦1trillion mark in total assets.
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Reps order committee to produce reports of assets seized from Ex-Nigerian leaders
The House of Representatives on Monday ordered the Presidential Implementation Committee (PIC) on Landed Properties to produce reports of all assets seized from former Nigerian leaders. Members were more particular about late Gen. Sanni Abacha whose properties and money were recovered by the Federal Government. Rep. Ademorin Kuye, Chairman ad-hoc committee on abandoned properties said…