Emefiele Hit With Fresh Charges As Dangote Denies Wrongdoing In Forex Scandal

Eko Hot Blog reports that the former Governor of the Central Bank of Nigeria, Godwin Emefiele, has found himself entangled in a renewed controversy, facing fresh charges in an ongoing forex scandal investigation. According to PUNCH, the Economic and Financial Crimes Commission (EFCC ) has written to over 85 entities comprising corporate organisations and individuals … Read more

BUA Speaks On EFCC Raiding Its Head Office In Lagos

Eko Hot Blog reports that one of Nigeria’s conglomerates, BUA Group, has debunked claims that its headquarters was raided by the Economic and Financial Crimes Commission (EFCC) on Thursday. There were reports that EFCC operatives stormed the office of BUA cement in relation to an investigation on the forex transactions of the company. The reports … Read more

BUA Group Chairman Rejects APC Appointment On Finance Committee

BUA Group Chairman Rejects APC Appointment

EKO HOT BLOG reports that the chairman of BUA Group, Abdul Samad Rabiu, has rejected an appointment by the All Progressives Congress (APC). This online media platform understands that the ruling appointed Rabiu as a member of the party’s finance standing committee. EDITOR’S PICKS FG Takes Action to Tackle Soaring Cooking Gas Prices Tinubu Is … Read more

Forbes: Dangote, Rabiu, Adenuga Makes Africa Richest People List

Dangote

Forbes analysts attributed Dangote’s retention of the top spot to the “surge in housing developments in Nigeria and…  EKO HOT BLOG reports that Forbes has named Founder and Chief Executive Officer of Dangote Group, Aliko Dangote, the richest man in Africa for the 11th consecutive year. According to Forbes in its latest report on the … Read more

BUA CEO Rabiu Criticised For Publicising ₦200m Gift To Kano Emir

Kano Emir

The group said the immediate-past Emir of Kano Muhammadu Sanusi II was given two Rolls Royce Phantom while he was on the throne Chairman of BUA Group, Abdul Samad Rabiu, has come under fire for unduly publicising the donation of a Rolls Royce Phantom car worth ₦200 million and reported ₦100 million cash donation to … Read more