October 31, 2019

BREAKING: EFCC Invites Foreign Auctioneers To Sell Diezani’s $40m Jewelery

Hamilton Nwosa

Writer

Want a Second Passport? These 13 Countries Let You Buy Citizenship

Key Takeaways Citizenship by investment programs allow individuals to acquire a second passport by making significant financial contributions to a country’s economy. Minimum investment amounts and requirements differ significantly by country. Citizenship by investment programs give wealthy individuals the chance to secure a second passport by making significant financial contributions. The requirements vary by country, but…

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Saudi Arabia’s Spending Spree Meets Oil Price Reality

Saudi Arabia’s grand Vision 2030 ambitions may be colliding with a colder fiscal reality. Fitch Ratings warned Friday that Riyadh faces rising financial risks as oil prices soften and government spending balloons, threatening the kingdom’s plans for fiscal consolidation. The numbers tell the story: Saudi Arabia now expects a budget deficit equal to 5.3% of…

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Kidnapped Abuja doctor found dead, kidnappers hold on to three children

A renowned veterinary doctor and former chairman of the Nigerian Veterinary Medical Association (NVMA) FCT chapter, Dr. Ifeanyi Ogbu, has been murdered in the Federal Capital Territory, Abuja. According to reports, armed men stormed his residence in Kubwa, Abuja, and abducted him along with his three children. While the nursing wife and other family members…

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The Economic and Financial Crimes Commission (EFCC) has contacted ‘internationally certified’ auctioneers overseas to auction off the $40 million (about N14.4 billion) jewelry, recovered from a former Petroleum Resources Minister, Mrs Diezani Alison-Madueke.

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