We are expecting N527bn Ibori loot from UK Govt -FG

Attorney-General and Minister of Justice, Abubakar Malami (SAN), says the Federal Government is expecting over £100m (N527bn), allegedly stolen by a former Governor of Delta State, James Ibori, and his associates to be repatriated to Nigeria by the British Government. Malami made the revelation recently during a live interview programme, Politics Today; on Channels Television’s monitored in Lagos. He said apart from the Ibori loot, $100m traced to the late Head of State, Gen Sani Abacha, was also being expected. He said, “As it is we have succeeded in recovering £4.2m…

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FirstBank promotes cross border payments with First Global Transfer

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced the launch of First Global Transfer (FGT) to promote international transfer of funds across its subsidiaries in sub-Saharan Africa. The Bank’s subsidiaries in Africa include FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone, FBNBank Senegal. The First Global Transfer (FGT) initiative is specifically designed to ensure safe, timely and improved efficiency in the transfer of funds across the network of FirstBank subsidiaries in Africa. The FGT is not restricted to FirstBank and FBNBank Customers…

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