Court jails unlicenced banker in Port Harcourt

Azubuike Mamwu Obasi was sentenced to six months in prison for currency racketeering in Port Harcourt. He pleaded guilty to charges of illegal acquisition of banknotes and conducting banking services without a license. The Port Harcourt Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Thursday, March 21, 2024, secured the conviction and sentencing…

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National Steel Council calls for suspension of executive secretary over N1bn fraud

The National Steel Council, NSC in Abuja has informed the Minister of Steel Development, Shuaibu Abubakar Audu, of an alleged over N1 billion fraud that it linked to its Executive Secretary, Ambassador Abdulqadir Musafari. The council, in a March 15, 2024 letter, told the minister that Musafari had allegedly “failed, refused and/or neglected to avail…

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