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NEWSNNPC reports 47% profit increase
NewsBrent crude approaches $75 amid Middle East tensions
ALERTAviation fuel prices drop by 8%
GOLD$2,890.5 0.85%
BREAKINGSEC announces new rules for digital assets
NewsNigeria exits technical recession with 3.46% GDP growth
BREAKINGNigeria secures $2.25 billion World Bank loan
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NAS18,290.25 1.05%
DOW42,850.22 0.32%
BRENT$72.45 2.10%
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WTI$68.92 1.80%
NewsGold hits record high as investors seek safe haven
NewsNigeria's inflation rate drops to 24.48% in January
UPDATETinubu approves ₦3 trillion for power sector
NewsEuro depreciates against dollar ahead of ECB meeting
USD/NGN₦1,550 0.45%
EUR/USD1.0845 0.12%
NewsNaira stabilizes at N1,550/$1 in official market
NGXASI98,575.68 1.25%
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UPDATENDDC launches ₦2.5bn infrastructure bond
NewsNigerian banking sector assets grow by 45% year-on-year
NewsBitcoin surges past $87,000 on ETF inflows
NewsStock market capitalization crosses N55 trillion mark
S&P5,776.65 0.15%
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsForeign reserves hit $34.2 billion, highest in 2 years
BTC$87,250 3.20%
NewsDangote Refinery begins petrol production
NEWSNNPC reports 47% profit increase
NewsBrent crude approaches $75 amid Middle East tensions
ALERTAviation fuel prices drop by 8%
GOLD$2,890.5 0.85%
BREAKINGSEC announces new rules for digital assets
NewsNigeria exits technical recession with 3.46% GDP growth
BREAKINGNigeria secures $2.25 billion World Bank loan
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NAS18,290.25 1.05%
DOW42,850.22 0.32%
BRENT$72.45 2.10%
NewsOil prices rally on OPEC+ production cuts extension
WTI$68.92 1.80%
NewsGold hits record high as investors seek safe haven
NewsNigeria's inflation rate drops to 24.48% in January
UPDATETinubu approves ₦3 trillion for power sector
NewsEuro depreciates against dollar ahead of ECB meeting
USD/NGN₦1,550 0.45%
EUR/USD1.0845 0.12%
NewsNaira stabilizes at N1,550/$1 in official market
NGXASI98,575.68 1.25%
NewsCBN raises interest rate by 400 basis points to 22.75%
UPDATENDDC launches ₦2.5bn infrastructure bond
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NewsBitcoin surges past $87,000 on ETF inflows
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S&P5,776.65 0.15%
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NGXIND345.67 0.23%
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NGXIND345.67 0.23%
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NewsNaira stabilizes at N1,550/$1 in official market
NewsOil prices rally on OPEC+ production cuts extension
NewsNigeria's inflation rate drops to 24.48% in January
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigerian banking sector assets grow by 45% year-on-year
NewsStock market capitalization crosses N55 trillion mark
NewsGold hits record high as investors seek safe haven
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsNaira stabilizes at N1,550/$1 in official market
NewsOil prices rally on OPEC+ production cuts extension
NewsNigeria's inflation rate drops to 24.48% in January
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigerian banking sector assets grow by 45% year-on-year
NewsStock market capitalization crosses N55 trillion mark
NewsGold hits record high as investors seek safe haven
NewsBitcoin surges past $87,000 on ETF inflows
NewsNigeria exits technical recession with 3.46% GDP growth
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
NewsNaira stabilizes at N1,550/$1 in official market
NewsOil prices rally on OPEC+ production cuts extension
NewsNigeria's inflation rate drops to 24.48% in January
NewsCBN raises interest rate by 400 basis points to 22.75%
NewsForeign reserves hit $34.2 billion, highest in 2 years
NewsDangote Refinery begins petrol production
NewsBrent crude approaches $75 amid Middle East tensions
NewsNigerian banking sector assets grow by 45% year-on-year
NewsStock market capitalization crosses N55 trillion mark
NewsGold hits record high as investors seek safe haven
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NewsFAAC disburses N1.1 trillion to federal, states, LGs
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Financial EDGE

ICPC Secures Conviction of FAAN Staff for Forgery - FinancialEDGE

By adminResearch Signal
ICPC Secures Conviction of FAAN Staff for Forgery - FinancialEDGE
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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has secured the conviction of Mr. Iyonu Eseme, a staff of the Federal Airports Authority of Nigeria (FAAN), for using a forged Trade Test Certificate to obtain employment with the agency.

Mr. Eseme was arraigned before Honourable Justice M.I. Tanko of the Federal Capital Territory (FCT) High Court, Maitama, Abuja, on a three-count charge bordering on forgery. The charges were brought under Sections 366 and 368 of the Penal Code Act, as well as Section 25 (1)(b) of the Corrupt Practices and Other Related Offences Act 2000.

One of the charges read: “That you, Iyonu Eseme (M), sometime in the month of August 2020 at Abuja, within the jurisdiction of this Honourable Court, did with intent to commit fraud, forge a Federal Ministry of Labour and Productivity Certificate of Competence also known as Trade Test Certificate I, II, III (2014) with trade test code KN/6/90052, and thereby committed an offence contrary to Section 363 and punishable under Section 364 of the Penal Code.”

Upon arraignment, the defendant, through his counsel, Mr. Anthony Idanosa Eruaga, opted for a plea bargain. The prosecuting counsel for the ICPC, Mr. Nura Saidu, accepted the plea bargain in accordance with Section 270 of the Administration of Criminal Justice Act (ACJA) 2015 and recommended to the court a conviction with a fine.

Justice M.I. Tanko, having considered the plea and the agreement reached by both parties, convicted Mr. Eseme and sentenced him to a fine of Fifty Thousand Naira (₦50,000.00) only.

The ICPC reiterates its commitment to ensuring integrity and transparency in public institutions and warns that acts of forgery and other corrupt practices will not go unpunished.