INVESTIGATION: Dasuki Money Trail: How ex-NSA approved suspicious billions for family friends

Category: Procurement News

Over the three years of Mr Dasuki’s tenure, his office made several transfers of millions of dollars to the couple’s bank accounts. The post...

A Multi-Billion Dollar Cultural Idea For Africa and Beyond

Category: Procurement News

Once upon a time, some Africans were very innovative, inventing good and badquest (bad or questionable) cultures, but now they just follow mainly Middle...

Trump Appoints Billionaire Elon Musk To Lead New Dept For Reforms

Category: Procurement News

  United States President-elect Donald Trump has appointed tech billionaire and his supporter, Elon Musk, to lead an ad-hoc Department of Government...

Nigeria recovered over $5 billion in stolen assets in 25 years – Report

Category: Procurement News

The report emphasised that proper management of recovered funds remains a problem in Nigeria and many African nations. The post Nigeria recovered over $5...

Corrupt Contractors Behind Unstable Electricity Supply — EFCC

Category: Procurement News

Ola Olukoyede, the Chairman of the Economic and Financial Crimes Commission (EFCC), has blamed the country’s inconsistent power supply on corrupt contractors...

Corruption: Substandard equipment to blame for frequent power outages – EFCC Chairman

Category: Procurement News

Tribune Online Corruption: Substandard equipment to blame for frequent power outages – EFCC Chairman The Chairman of the Economic and Financial Crimes...

US contractor ordered to pay tortured Iraqis $42m over prison abuse

Category: Procurement News

A federal jury on Tuesday ordered a US defence contractor, CACI Premier Technology Inc., to pay $42 million in damages to three Iraqi men who were tortured at...

Rivian-Volkswagen joint venture up deal to $5.8 billion, VW cars expected as early as 2027

Category: Procurement News

The companies said the deal is now up to $5.8 billion – up from $5 billion – with the first VW models to use Rivian’s software and electrical...

Loss-making EV firm VinFast to get $3.4 billion more funding from founder, parent company

Category: Procurement News

The new commitments would boost total funding to nearly $17 billion....

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