Investogist
No Result
View All Result
Sunday, May 24, 2026
  • News
    • All
    • Africa
    • Nigeria
    • World
    NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

    NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Commences Share Buyback Programme of Up to $110 Million

    Fubara, Cole Withdraws from APC Governorship Primaries

    Fubara, Cole Withdraws from APC Governorship Primaries

    EFCC Nabs Fleeing Convicted Ex Power Minister for ₦33.8bn Fraud

    EFCC Nabs Fleeing Convicted Ex Power Minister for ₦33.8bn Fraud

    SEC Moves Nigerian Capital Market to T+1 Settlement System

    SEC Moves Nigerian Capital Market to T+1 Settlement System

    Presidents Trump and Tinubu Announce Killing of ISIS Leader Eliminated in 2024

    Presidents Trump and Tinubu Announce Killing of ISIS Leader Eliminated in 2024

    Africa CDC Confirms New Ebola Outbreak in Eastern DR Congo

    Africa CDC Confirms New Ebola Outbreak in Eastern DR Congo

    EFCC Arrests Energy Commission DG Mustapha Abdullahi Over Alleged N500bn Money Laundering

    EFCC Arrests Energy Commission DG Mustapha Abdullahi Over Alleged N500bn Money Laundering

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Access Bank UK set to acquire Mauritius  AfrAsia Bank

    Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Commences Share Buyback Programme of Up to $110 Million

    Otedola Pledges $100m for Stake in Dangote Refinery Ahead of IPO

    Otedola Pledges $100m for Stake in Dangote Refinery Ahead of IPO

    Zichis Agro-Allied Denies IPO Plans, to Seek Shareholder Approval for Capital Raise

    Zichis Agro-Allied Issues Official Clarification on CEO’s Recent Share Deal

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Dangote Refinery Renews Legal War with FG Over Fuel Import Permits

    Dangote Refinery Renews Legal War with FG Over Fuel Import Permits

    Ecobank Issues USD 450 Million Sustainable Agriculture & Natural Capital Eurobond

    Ecobank Issues USD 450 Million Sustainable Agriculture & Natural Capital Eurobond

    Universal Insurance PLC Launches ₦3.2 Billion Rights Issue

    Universal Insurance PLC Launches ₦3.2 Billion Rights Issue

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Targets Kenya for $17 Billion East Africa Oil Refinery

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

    NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Commences Share Buyback Programme of Up to $110 Million

    Fubara, Cole Withdraws from APC Governorship Primaries

    Fubara, Cole Withdraws from APC Governorship Primaries

    EFCC Nabs Fleeing Convicted Ex Power Minister for ₦33.8bn Fraud

    EFCC Nabs Fleeing Convicted Ex Power Minister for ₦33.8bn Fraud

    SEC Moves Nigerian Capital Market to T+1 Settlement System

    SEC Moves Nigerian Capital Market to T+1 Settlement System

    Presidents Trump and Tinubu Announce Killing of ISIS Leader Eliminated in 2024

    Presidents Trump and Tinubu Announce Killing of ISIS Leader Eliminated in 2024

    Africa CDC Confirms New Ebola Outbreak in Eastern DR Congo

    Africa CDC Confirms New Ebola Outbreak in Eastern DR Congo

    EFCC Arrests Energy Commission DG Mustapha Abdullahi Over Alleged N500bn Money Laundering

    EFCC Arrests Energy Commission DG Mustapha Abdullahi Over Alleged N500bn Money Laundering

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Access Bank UK set to acquire Mauritius  AfrAsia Bank

    Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Commences Share Buyback Programme of Up to $110 Million

    Otedola Pledges $100m for Stake in Dangote Refinery Ahead of IPO

    Otedola Pledges $100m for Stake in Dangote Refinery Ahead of IPO

    Zichis Agro-Allied Denies IPO Plans, to Seek Shareholder Approval for Capital Raise

    Zichis Agro-Allied Issues Official Clarification on CEO’s Recent Share Deal

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Dangote Refinery Renews Legal War with FG Over Fuel Import Permits

    Dangote Refinery Renews Legal War with FG Over Fuel Import Permits

    Ecobank Issues USD 450 Million Sustainable Agriculture & Natural Capital Eurobond

    Ecobank Issues USD 450 Million Sustainable Agriculture & Natural Capital Eurobond

    Universal Insurance PLC Launches ₦3.2 Billion Rights Issue

    Universal Insurance PLC Launches ₦3.2 Billion Rights Issue

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Targets Kenya for $17 Billion East Africa Oil Refinery

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home News

N80bn fraud: Nigerian government suspends Accountant-General

Thursday, 19 May 2022, 5:10 pm
in News, Nigeria
0
EFCC arrests Nigeria’s Accountant-General over N80bn fraud
Share Share Share Share Send as Email

The Federal Government of Nigeria has suspended the Accountant-General of the Federation, Idris Ahmed following his arrest by the Economic and Financial Crimes Commission, EFCC.

Idris was arrested on Monday in connection with diversion of funds and money laundering activities to the tune of N80billion.

The Minister of Finance, Zainab Ahmed in a letter on Wednesday informed Idris of his suspension. The Minister said the suspension is in line with Public Service Rules to give room for “proper and unhindered investigation.”

According to the letter, his suspension is without pay effective May 18, 2022.

The letter also bars Mr. Idris from visiting his office or contacting any official in his office during his suspension except for disciplinary proceedings that might be advised.

The letter read in part: “Following your recent arrest by the Economic and Financial Crimes Commission (EFCC) on allegations of diversion of funds and money laundering, I write to convey your suspension from work without pay effective 18th May 2022.”

“This is to allow for proper and unhindered investigation into the serious allegations in line with Public Service Rules 030408.

“During this period, you are not expected to attend to your place of work or contact any official in your office except for any disciplinary hearing that may be advised.

“Also, it is expected that you will strictly comply with any instructions that will be forwarded to you in your current location or your known recorded address as stipulated in the extant rules,” the letter read.

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

Related Posts:

  • Idris Ahmed
    EFCC arrests Nigeria's Accountant-General over N80bn fraud
  • FLOURMILL - HONYWELL Handshake
    The N80bn Agreement between Flour Mills of Nigeria…
  • Babajide Sanwo-Olu
    Lagos State government suspends NURTW from all parks…
  • Collapsed building
    Lagos State Government suspends development plans on…
Previous Post

Italy’s Eni starts process to open rubble account with Russia’s Gazprom

Next Post

Presco Plc announces N6.6 final dividend for 2021 FY, shareholders set to dump shares

Next Post
List of Dividends announced in 2021, qualification and payment dates

Presco Plc announces N6.6 final dividend for 2021 FY, shareholders set to dump shares

Please login to join discussion
  • Trending
  • Comments
  • Latest
Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

Airtel Africa Releases Audited Financial Statements for Q1 2026

Airtel Africa Commences Share Buyback Programme of Up to $110 Million

MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

Airtel Africa Releases Audited Financial Statements for Q1 2026

Airtel Africa Commences Share Buyback Programme of Up to $110 Million

Otedola Pledges $100m for Stake in Dangote Refinery Ahead of IPO

Otedola Pledges $100m for Stake in Dangote Refinery Ahead of IPO

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2026 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved