Tags NFIU

Tag: NFIU

NATIONAL

NFIU: ‘My LG didn’t have N500,000 since 2002, received N129m this month – Ribadu

Fombina Times - 0
The pioneer chairman of the Economic and Financial Crimes Commission (EFCC), Nuhu Ribadu, has disclosed that his local government, Yola South in Adamawa State did not have N500,000 in its account since 2002.
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NATIONAL

LG Funds: Court rejects Governors’ move to scuttle NFIU guidelines

Fombina Times - 0
A Federal High Court in Abuja has rejected the request by the Governors of the 36 states for an order stopping the implementation of guidelines issued by the Nigerian Financial Intelligence Unit (NFIU) in relation to the operation of the States/Local Government Joint Accounts.
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Editorial

Imminent showdown between governors, NFIU as new guidelines take effect today

Fombina Times - 0
The NFIU directive is believed to have issued to ensure financial autonomy of the local councils. The new guidelines impose a daily N500,000 cash transaction limit on all the 774 LGs.
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NATIONAL

Governors move to stop NFIU from whittling their control on LG funds

Fombina Times - 0
Nigeria’s 36 governors have risen against new financial regulations which seek to end their control of local government finances.
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NATIONAL

No going back on June 1 deadline for LG financial autonomy, NFIU warns governors

Fombina Times - 0
Nigerian Financial Intelligence Unit, NFIU, on Wednesday said its June 1 deadline for financial autonomy of local governments still stands.
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NATIONAL

EU withdraws Nigeria’s listing as ‘high-risk country in money laundering, terrorism financing’

Fombina Times - 0
The NFIU gave the indication in a first public statement released by its Acting Chief Media Analyst, Ahmed Dikko, and made available to journalists in Abuja on Monday.
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Dr. Emmanuel N. Musa celebrates Valentine with orphans, less privileged, sick persons

ADAMAWA Fombina Times - 0
In the spirit of love as espoused by Valentine Day, the Emnamu foundation has on Sunday reached out to orphans, people living with disability,...
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Twin explosions rock PDP secretariat over councillorship primaries

NATIONAL Fombina Times - 0
Twin explosions have unsettled the People’s Democratic Party (PDP) secretariat in Port Harcourt, Rivers State. The explosion, which occurred at about 3pm Thursday during the...
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Reps summon NNPC GMD over audit query of N3.878trn unremitted revenue

NATIONAL Fombina Times - 0
The House of Representatives Committee on Public Accounts has summoned the Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Mele Kyari, to...
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Nigeria’s football establishment mourn Ex-Super Eagles defender, Yisa Sofoluwe

NATIONAL Fombina Times - 0
Football lovers on Wednesday took turns to mourn the death of Nigeria's ex-defender of Super Eagles, Yisha Shofoluwe who died on Tuesday night at...
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EDITOR PICKS

Dr. Emmanuel N. Musa celebrates Valentine with orphans, less privileged, sick persons

ADAMAWA Fombina Times - 0
In the spirit of love as espoused by Valentine Day, the Emnamu foundation has on Sunday reached out to orphans, people living with disability,...
Read more

Twin explosions rock PDP secretariat over councillorship primaries

NATIONAL Fombina Times - 0
Twin explosions have unsettled the People’s Democratic Party (PDP) secretariat in Port Harcourt, Rivers State. The explosion, which occurred at about 3pm Thursday during the...
Read more

Reps summon NNPC GMD over audit query of N3.878trn unremitted revenue

NATIONAL Fombina Times - 0
The House of Representatives Committee on Public Accounts has summoned the Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Mele Kyari, to...
Read more

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