Business Hilights

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Abacha loot

Can FG use part of Abacha loot on 2nd Niger Bridge and still toll it?

More critical issues of urgent national importance are still emerging from the recently sealed agreement with the US Government which the Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami, signed on behalf of Nigeria for the return…

NBS poverty survey may expose ongoing sharing of Abacha loot by FG

More than one month after the federal government claimed that it will channel the returned Abacha loot to the betterment of life and welfare of very poor Nigerians, the Statistician General of the Federation, Dr Yemi Kale, has said the…

Many Nigerians worried on how beneficiaries of $322m Abacha loot were selected

Just as many Nigerians continue to get the exact way and manner the federal government arrived at the so called extremely poor Nigerians who it said are the beneficiaries of the $322m repatriated Abacha loot, the Peoples Democratic Party (PDP)…

Anxiety over Abacha loot, others recovery as US, Switzerland lead in 2018 FS Index

The rise in Switzerland, United States and the Cayman Islands ratings in Financial Secrecy Index (FSI) published by the respected Tax Justice Network for 2018 has created anxiety over the chances of accessing loots starched away by former military junta,…