corruption Archives — City Business News

November 17, 2022 No Responses

NPA’s Efforts At Eliminating Corruption Attract Global Commendation

The Nigerian Ports Authority (NPA) on Wednesday says that its efforts at eliminating systemic corruption at the port are attracting global commendation. A statement issued on Wednesday explained that the commendation came in the form of an award won by...

November 16, 2022 No Responses

Nigeria Bags Award For Tackling Corruption At Seaports

The collaborative efforts of the Federal Government, the private sector and a civil society group, Convention on Business Integrity (CBi), to curb corruption at the seaports has earned international praise. The collaboration won the first-ever “Outstan...

October 20, 2022 No Responses

Shippers’ Council, NIMASA, ICPC, Others Advocate Improved Partnership Against Corruption At Ports

Some stakeholders in the maritime sector have called for increased collaboration among relevant agencies to tackle corruption in port processes in the country. They spoke on Wednesday at an Extra-Ordinary Session organised by the Independent Corrupt Practices ...

September 13, 2022 No Responses

EFCC Partners Customs, Others To Tackle Corruption

The Ilorin Zonal Command of the Economic and Financial Crimes Commission (EFCC) has called on stakeholders particularly law enforcement agencies, to support the anti-graft crusade of the commission. The EFCC Zonal Commander, Mr Michael Nzekwe, made the appeal ...

February 18, 2022 No Responses

CBN Opposes New Money Laundering Laws

The Central Bank of Nigeria on Thursday kicked against plan by the Senate to enact new anti-money laundering laws without required amendments on the existing Money Laundering ( Prevention ) Act 2011. The CBN Governor, Godwin Emefiele, made the position.....

February 2, 2022 No Responses

How To Address Corruption At Seaports Through Coordinated Cargo Examination

By Fadipe — National Coordinator, Port Standing Task Team (PSTT), Mr Moses Fadipe, on Tuesday said that a Coordinated cargo examination would address corrupt practices at the ports. Fadipe made this known while addressing agents at the TinCan Islan...

December 8, 2021 No Responses

ICPC Inaugurates Anti-Corruption Transparency Unit In NRC

Independent Corrupt Practices and Other Related Offences Commission (ICPC) has inaugurated Anti-Corruption Transparency Unit (ACTU) in the Nigeria Railway Corporation (NRC), Lagos. The News Agency of Nigeria (NAN) reports that the Chairman, ICPC, Prof. Bolaji ...

April 23, 2021 No Responses

Commonwealth Unveils Benchmarks To Help Countries Fight Corruption

A landmark set of measures to support international efforts in tackling corruption has been launched by the Commonwealth Secretariat. The Commonwealth Anti-Corruption Benchmarks are designed to help governments and public sector organisations a...

March 18, 2021 No Responses

Italian Court Acquits Eni, Shell In Nigeria Corruption Case

An Italian court has cleared two global oil giants, Eni and Shell, over allegations of corruption in Nigeria. The long-running case centred around the $1.3bn (£936m) purchase of an offshore oil block in 2011. Prosecutors had alleged that the majority...

December 15, 2020 No Responses

Maersk To Face Prosecution Over Alleged Corruption

Brazilian prosecutors have filed a civil lawsuit against Danish shipping giant Maersk, alleging corruption schemes in relation to securing shipping contracts with the state-owned oil giant Petrobras. According to Reuters, the Brazilian prosecutors filed the la...

February 1, 2020 No Responses

Corruption: Airbus To Pay €1billion

Airbus will pay nearly €1bn (£840m) to settle corruption cases with UK authorities. The deal follows a lengthy investigation by the Serious Fraud Office (SFO) into the aircraft maker’s use of middlemen to secure plane deals. The settlement is part...

September 2, 2019 No Responses

Stakeholders Seek Collective Effort To End Corruption

Seeking the way forward in the fight against corruption and insecurity dominated the discussion at a one day conference organized by Scroll Report Online paper, in Sheraton Ikeja, Lagos on August 29. All the speakers including security experts called for...

February 11, 2019 No Responses

Corruption Threatens Nigeria And Its Election

By Muhammadu Buhari – On February 16th, Nigeria will hold a general election. Four years ago, the country experienced its first democratic transfer of power to the opposition since 1999. The vote in a few days will be no less significant....

February 10, 2019 No Responses

Buhari Reiterates Commitment To Tackle Corruption

President Muhammadu Buhari on Saturday said that his administration would recover all looted public funds and deal decisively with perpetrators of corruption. Buhari made the declaration in Lagos while speaking at the All Progressives Congress(APC) Presidentia...