The  Economic and Financial Crimes Commission (EFCC) Tuesday said about $129 billion (N20.6 trillion) was fraudulently transferred out of Nigeria in the last 10 years through various sources.

The commission, quoting Global Financial Integrity, based in Washington D.C., cited some of the sources to include  tax avoidance, corruption, tax evasions, illegal mining activities, drugs and human trafficking.

In 2012 however, the commission collaborated with the Nigeria Customs Service (NCS) to address illicit financial flows out of the country  and recovered about $13 million suspected to be proceeds of criminal activities.

EFCC Chairman, Mr. Ibrahim Lamorde, made these disclosures in Abuja at the opening of a regional workshop on “Improving Cash Transactions Reporting Regime in the Designated Non-financial Businesses and Professions (DNFBPs) and cross border cash and bearer negotiable instruments movements for North and West African countries.
The seminar was organised by the Swiss Confederation and the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA), in conjunction with the federal  Government of Nigeria.

Lamorde also cited a report by the  Nigerian Financial Intelligence Unit (NFIU), located within EFCC, as having estimated that $25.4 billion, comprising cash and  financial instruments,  were moved out of Nigeria through the borders between 2009 and 2013.
“While these figures may not necessarily be indicative of the proceeds of crime, they do however show how the AML/CFT vulnerabilities associated with cash movements,” he said


Moses floors Mikel

Posted: November 27, 2013 in Sport


Victor Moses was yesterday named the Nigerian Footballer of the Year,2013. He was conferred with the honour by the Nigerian Sports Award. Moses defeated John Obi Mikel and Sunday Mba who were the other nominees for the award.
In an elaborate ceremony at the Muson Centre, Onikan, Super Eagles coach, Stephen Keshi was presented with the Nigerian Coach of the Year award while Perpetual Nkwocha of the Super Falcons won the female footballer of the year.
Ball Sports Personality of the year award was won by Portugal based Nigeria table tennis international Aruna Quadri. He defeated Olumide Oyedeji and Ike Diogu, both of De Tigers

Sharpen your teeth… Its time!!! Stone plus grains..then kidney stone..


Bags of rice in a market

The Federal Government has announced its resolve to ensure that no grain of rice consumed in Nigeria is imported.

According to the government, it has set a target of self-sufficiency in rice production. It said that the country would soon overcome the challenges of rice production as it did with maize

Man stabs alleged homosexual boss to death

Posted: November 27, 2013 in News



Eji Emmanuel

A 22-year-old man, Eji Emmanuel, has been arrested by the Lagos State Police Command for the alleged murder of a 39-year-old trader, Sylvanus Okoye.

According to the police, the suspect stabbed the deceased to death at his home on Ezemegbu Drive, Okota in August.

The suspect, however, explained that he killed the deceased in self-defence.

He alleged that on the day of the incident, Okoye had attempted to rape him.

32 people killed in renewed violence in Jos

Posted: November 27, 2013 in News

Not again!!!



NO fewer than 32 people were killed in the early hours of Tuesday in Barakin Ladi Local Government Area of Plateau State when gunmen suspected to be Fulani herdsmen invaded three communities in the council.

Police, however, said only 20 people were killed. The incident came less than 72 hours after five people were similarly murdered in Kukah in Shendam Local Government Area.


CBN Governor, Lamido Sanusi

The Central Bank of Nigeria has said it will  start printing the naira in paper notes in 2014.

It signed a deal in 2006 with Australia’s Securency International to print lower more-circulated units of the naira in polymer, while higher denominations were kept in paper form.

But six years after and following allegations that the manufacturer had bribed foreign officials to secure contracts, including in Nigeria, the CBN said it was being forced to reverse the policy.
“We only used polymer for N5, N10, N20 and N50, while N100, N200, N500 and N1,000 are in paper form. We soon discovered that the [polymer] notes easily fade out because of our peculiar hot climate in Nigeria… making them look tattered when in use over time.”



| credits: File copy
A Former Niger Delta militant, Mujahid Asari-Dokubo, was on Tuesday arrested in Cotonou, capital of Benin Republic.

It was learnt that the ex-militant was arrested at about 1.00pm by the Benin Republic’s police.

A statement by his lawyer, Festus Keyamo confirmed the arrest, saying Asari-Dokubo was picked up around the Lubeleyi roundabout and taken to “an unknown destination.”

Keyamo, in the statement on Tuesday, argued that Asari-Dokubo was not arrested for running any illegitimate business in the country.

The lawyer noted that the ex-militant had been residing partly in Benin Republic for many years, adding that Asari-Dokubo owns property in Cotonou.

It was gathered that the ex-militant reportedly opened a private university – King Amachree African University, in Benin Republic.

The university is preparing to start degree-awarding programmes in 2014.


Well, Barbz…

Nicki Minaj might’ve found a new group to call family!

The Super Bass singer posted several Instagram pics during Drake’s Would You Like a Tour? performance on Monday at the Staples Center in downtown El Lay…with almost the entire Kardashian-Jenner clan!

The fast friends (including Kris Jenner, Kylie Jenner, and Kendall Jenner) posed alongside their adopted Minajesty in these adorbzie backstage sister pictures!

Khloe Kardashian was even seen watching the concert with Nic before the two dashed off hand-in-hand after the show!


Posted: November 24, 2013 in Sport

Alan Shearer 260
Andrew Cole 188
Thierry Henry 174
Frank Lampard 166
Robbie Fowler 163
Wayne Rooney 161
Michael Owen 150
Teddy Sheringham 147
Robin van Persie 129

She gave a little intro of herself… She’s definitely looking for a suitor.. Come on babe!!! Be bold or you might being old all by yourself


Peggy Ovire

My name is Peggy Ovire. I am from Delta State.  Growing up was fantastic and fun. I grew up in a family that loves me. My father has always been there for me and I have a stepsister who is like a mother to me. My mother is late.  I am the last child in a family of six and I run a fashion business. I am also an actress and a model.

That’s a deceitful smile… I know one when I see it.. Stop tripping girl…