EMEFIELE: FINANCE MINISTRY UNAWARE OF N124.86BN CBN WITHDRAWAL, WITNESS TELLS COURT. (PHOTO). #PRESS RELEASE

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 Emefiele:  Finance Ministry Unaware of N124.86bn CBN Withdrawal,   Witness Tells Court   A Director in the Federal Ministry of Finance, Ali Mohammed, on Tuesday, October 6, 2026, told the Federal Capital Territory, FCT High Court sitting in Maitama, Abuja, that the Ministry was not aware of the withdrawal of N124.86 billion from the Central Bank of Nigeria, CBN.   Mohammed, who testified as the prosecution witness 10, PW10, in the ongoing trial of the former CBN Governor, Godwin Emefiele, disclosed this while being led in evidence by the prosecution counsel, Abbas Mohammed.   The witness said he appeared before the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.   Explaining his position and responsibilities in the Ministry, Mohammed said, “My Lord, the Department of Home Finance is made up of three functions based in three divisions, that is State and Public...
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NIMC WARNS NIGERIANS AGAINST SELLING PERSONAL DATA FOR N1,500-N2,000.(PHOTO).

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 NIMC Warns Nigerians Against Selling Personal Data for N1,500-N2,000


The National Identity Management Commission (NIMC) has issued a stern warning to Nigerians against selling their personal data, including National Identification Numbers (NIN), for as little as N1,500 to N2,000, citing serious security risks and consequences.


In a statement released on Sunday, NIMC spokesperson Kayode Adegoke highlighted the growing vulnerability of citizens to data theft, driven by fraudulent schemes. The commission expressed concern over reports, attributed to the Economic and Financial Crimes Commission (EFCC), that young Nigerians are enticing individuals with small payments to obtain copies of their personal information, which are then sold to fintech institutions for approximately N5,000.


NIMC emphasized that it will not be held liable for any personal information shared by individuals for financial gain. The commission reiterated its longstanding advice against disclosing NINs to unauthorized individuals or organizations and stressed the importance of verifying NINs before granting access to services.


To enhance data security, NIMC urged the public to download the NINAuth App, available on Apple iOS and Google Play Store, which offers features such as NIN protection, control over personal information, and other benefits. The commission called on Nigerians and service providers to remain vigilant and prioritize data security to prevent exploitation by data marketers.

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