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 The Economic and Financial Crimes Commission is linking another $37.5m property to the former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke. The exquisite 15-storey building which is located on the highbrow Banana Island in Lagos is the latest on the list of choice properties said to have been acquired by the ex-minister with alleged stolen public funds. It is a massive 18 flat edifice. A reliable EFCC source told The Nation that the ownership of the building was discovered this week in the course of the investigation of the former minister. The source said: “The property Building 3, Block B, is a 15 storey edifice comprising 18 flats and 6 penthouses, Bella Vista at Plot 1, Zone N, Federal Government Layout, Banana Island Layout, Foreshore Estate, Off Onikoyi Road, Ikoyi, Lagos. “The property was acquired by the former minister between 2011 and 2012 at a total cost of $37,500,000USD from the developers, YF Construction Development and Real Estate. “...

Andrew Laah Yakubu (born September 10, 1955) is the former Group Managing Director of the Nigerian National Petroleum Corporation. He was dismissed by ex President Jonathan for insubordination and his inordinate motive of larceny. . He was succeeded by Joseph Dawha in 2014. His honors include the Presidential Merit Award by the Nigerian Society of Chemical Engineers (1997) and the GMD of NNPC Award (1987). He was given the chieftaincy title “Iyan Atyap” by the Atyap Kingdom of Kaduna State in 2004, and he is a full member of the Iyan Council of Chiefs.He is a fellow of the Nigerian Association of Technologist in Engineering and an associate fellow of the Chemical Society of Nigeria. The Economic and Financial Crimes Commission(EFCC) has arrested a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, following the recovery of $9,772,800 and £74,000 cash from him. Mr. Yakubu is being detained in an EFCC facility in Kano, The Nation n...

The State Security Service (SSS) is also known as Department of State Services (DSS), and here is an article that gives you full details on their 2017 recruitment. In this post we are going to talk about how and where to apply for the DSS job, who is eligible to apply and also registration requirements for the 2017 State Security Service Recruitment. When is the State Security Service (SSS) Recruitment Form 2017/2018 Going To Be Out? This years recruitment process into the State Security Service (SSS) has began nationwide. This is a good news for those in search of jobs in the country as the Department of State Services job is one of the best in Nigeria at the moment. Read this article fully to know how you can apply. What Is The Official Portal For The 2017 State Security Service (SSS) Recruitment? Unlike other job recruitment registrations done in Nigeria the DSS recruitment process is not done online. So there is no online registration portal. Though you can check the DSS websi...

The Royal Canadian Mint has joined a blockchain platform run by Goldmoney Inc, the first time in the world that mint-vaulted bullion has been traded on such a private digital ledger, the Canadian fintech company said on Wednesday. The deal "lays the groundwork for further integrations by other countries and other mints," Roy Sebag, Goldmoney's chief executive officer, said in a phone interview. Blockchain first emerged as the system underpinning digital currency bitcoin. The technology creates a shared electronic ledger that allows all parties to track information through a secure network, with no need for third-party verification. "It's no different than what gold or silver used to do, but in digital form," Sebag said. "You're circumventing the banking system and you're able to exchange value instantly with no settlement delays." The Mint plans to extend its relationship with Goldmoney in order to promote Canada's "lea...

    BANJUL Dec 21 - Gambian President Yahya Jammeh said he would not step down and condemned mediation by West African regional bloc ECOWAS that aims to get him to leave power after he lost a Dec. 1 election to challenger Adama Barrow.     The comments on state television late on Tuesday were a hardening of the veteran president's position after days in which hopes mounted he could be persuaded to hand over power at the end of his mandate on Jan. 18, when Barrow is due to be inaugurated.     "I am not a coward. My right cannot be intimidated and violated. This is my position. Nobody can deprive me of that victory except the Almighty Allah," Jammeh said.     "Already the ECOWAS meeting was a formality. Before they came, they had already said Jammeh must step down. I will not step down," he said.     Jammeh initially accepted the results of an election whose outcome was seen across Africa as a moment of hope. He is accused by human...

It seems the election of Donald Trump could spell great news for American blockchain startups and cryptocurrency users. President-elect Trump has added to his cabinet an active and vocal supporter of cryptocurrencies and blockchain which means that there will be at least one powerful voice in the US government that will resist further efforts to legislate the technology into oblivion. To unlock the Asian market, register now to the iFX EXPO in Hong Kong. Trump picked Congressman Mick Mulvaney, Tea Party Republican, as his administration’s Director of Office of Management and Budget. He is considered a staunch fiscal conservative that wishes to drastically limit the federal government’s spending on social programs. Just this September he was among the founders of the bipartisan Blockchain Caucus. Commonly called the Bitcoin Caucus by American media, it is meant to help congressmen stay up to speed on cryptocurrency and blockchain technologies, and develop policies that advance t...

Alhaji Umaru Ibrahim, the Managing Director, Nigeria Deposit Insurance Commission (NDIC), on Friday said the commission and CBN had set up a committee to look into the trending digital currency, Bitcoin. According to Bitcoin.org, Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. On Bitcoin reddit page, it was explained that it is the currency of the Internet: a distributed, worldwide, decentralised digital money. Unlike traditional currencies such as dollars, naira- bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation, devaluation, import policies, currency fixing and corrupt banks. It is a true floating currency whos...