GISTSMATE 01

BREAKING: IGP Launches Police Anti-money Laundering Units To Combat Financial Crimes

The Inspector-General of Police (IGP), Kayode Adeolu Egbetokun, has established the Police Anti-Money Laundering Units within the Nigeria Police Force. This was disclosed by CP Olumuyiwa Adejobi, Force Public Relations Officer, in a statement on Wednesday, January 15. According to the statement, the units will be led by Chief Police Officer (CPO) Hyacinth Azuka Edozie,…

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FLASH: Nigeria’s Inflation Rises Again, Hits 34.80%

Nigeria’s Headline inflation rate climbed to 34.80% in December 2024, according to a report by the National Bureau of Statistics (NBS) on Wednesday. The headline inflation is slightly higher than the 34.60% recorded in November. The 0.20% increase was attributed to heightened demand for goods and services during the festive season. Compared to December 2023,…

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BREAKING: Ex-AGF Granted Bail In N1.96bn Fraud Case

The Federal High Court in Abuja has granted former Accountant-General of the Federation, Chukwunyere Anamekwe Nwabuoku, bail in the sum of N500 million. The development comes as Nwabuoku faces charges of alleged N1.96 billion fraud. Justice James Omotosho, in his ruling, stipulated that Nwabuoku’s bail be secured with two sureties, each providing a guarantee of…

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