NIGERIA HAILS STRATEGIC RELATIONSHIP AS KEY TO WEST AFRICAN STABILITY, ECONOMIC GROWTH. (PHOTO).

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 Nigeria hails strategic relationship as key to West African stability, economic growth The Nigerian government has described its relationship with Senegal as a strategic partnership built on a foundation of shared history, democratic values and economic interdependence. This followed Vice President Kashim Shettima’s presence at Senegal’s 65th Independence Day Anniversary held at the Place de la Nation in Dakar on Friday. VP Shettima had represented President Bola Tinubu at the event where President Bassirou Diomaye Faye of Senegal played host to guests from across Africa and beyond. Speaking on the sidelines of the event in Dakar, Nigerian Minister of State for Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, said there were very strong bilateral ties between Nigeria and Senegal, noting that both countries achieved independence in 1960 and have maintained shared commitments to democratic governance and regional security. Also on Nigeria’s delegation was Hon. Oluwole Oke, Chairm...

EFCC AND CBN TO COLLABORATE ON ANTI-GRAFT WAR.

                 The Economic and Financial Crimes Commission EFCC,is to collaborate with the Central Bank of Nigeria,CBN,to review laws of the Banking and other Financial Institutions Act,BOFIA,2004 to effectively tackle the emerging money laundering trends and other corrupt practices in the country.This was made known on Wednesday April 20,2016 by David Illoyanonmon,Head,North West Zonal Office of the EFCC during a courtezy call to the CBN,Kano Branch.Illoyanomon noted that ''At this point in time when the country is facing challenges in areas of fraudulent practices,the CBN remains pivotal in stabilizing the Nigerian economy through reviewing of some of its laws which due to emerging fraudulent practices have made them archaic''.In her remarks,the Kano branch controller,CBN,Ameena P. Abubakar stressed the need to review the archaic laws towards meeting the current global challenge of anti--corruption war.According to her,''The CBN is consistently working round the clock to ensure that financial institutions like the banks and Bureau de Change,BDC,adhere strictly to the laws of the CBN''.She reiterated that CBN is ready to partner with the EFCC towards ensuring that all stakeholders play within the rules of the agency and the law.The meeting had in attendance,Head,Public Affairs Department,EFCC Kano,Medard Ehimika and his counterpart in the advance Free Fraud unit,Aliyu Naibi.Others include Tijjani Zakirai,Ishaku Baba and A.J Bello,all from the Kano Branch of CBN.One more photo below.             

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