ALO360

Court Convicts Ex-Accountant-General in Massive Money Laundering Case

The Federal High Court in Abuja convicted and sentenced former Acting Accountant-General of the Federation Chukwunyere Anamekwe Nwabuoku to 72 years in prison. As reported by ALO360 the Economic and Financial Crimes Commission secured the judgment on March 20 2026 for laundering N868.46 million. EFCC Prosecutes High Profile Case The Economic and Financial Crimes Commission…

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Gbenga Olawepo-Hashim

‘Tinubu was abroad drinking cognac while we fought Abacha’ — PDP chieftain

Gbenga Olawepo-Hashim, chieftain of the Peoples Democratic Party (PDP) and former presidential aspirant, has dismissed claims that President Bola Tinubu played an active role in the struggle to restore democratic governance under military ruler Sani Abacha. He accused Tinubu of being absent during the pro-democracy movement. Gbenga made the remark on Sunday during an interview…

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Dangote Refinery May Halt Local Supply Over Import Licences, Fuel Scarcity Fears Rise

Nigeria’s fuel sector is facing a new wave of uncertainty as Dangote Petroleum Refinery considers exporting all its refined products, a move that could trigger fresh fuel scarcity across Nigeria. The development follows the continued issuance of petrol import licences by regulators, despite the refinery’s massive local production capacity. Why Dangote Is Considering Exports Sources…

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SEC Partners with NYSC to Combat Ponzi Schemes Through Financial Literacy Initiative

The Securities and Exchange Commission (SEC) signed a Memorandum of Understanding with the National Youth Service Corps (NYSC) to integrate anti-Ponzi scheme campaigns into the NYSC programme. The two organizations formalized the agreement at the NYSC headquarters in Abuja. This partnership established a specialized Community Development Service (CDS) group dedicated to financial literacy. SEC Commitment…

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