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  • November 10, 2016

EFCC Arraigns Femi Kayode Over N26m Money Laundering Offences

Hamilton Nwosa
Writer

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Central Banks Now Hold More Gold Than U.S. Treasuries

Key Takeaways For the first time since 1996, foreign central banks’ gold reserves have overtaken their U.S. Treasury holdings. Persistent gold buying and rising U.S. debt risks are reshaping reserve composition toward hard assets. Central banks have crossed a symbolic line: their combined gold reserves now exceed their U.S. Treasury holdings for the first time…

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By Abiola Olawale The House of Representatives on Wednesday condemned a United States congressional bill accusing Nigerian officials of allegedly enabling "systematic" religious killings, particularly against Christians. Lawmakers branded the legislation a "gross misrepresentation" of the country's security woes, insisting that violence stems from terrorism and banditry, not state-sponsored persecution. This position comes in response…

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October 8, 2025 • Headline

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Former presidential campaign spokesperson, Femi Fani Kayode, was today, November 10, 2016 arraigned by the EFCC over money laundering to the tune of N26 million. He was granted bail in the sum of N50 million and one surety in like sum. The case has been adjourned to Wednesday, December 14, 2016 for trial.

 

Detail later.

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