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NewsNigeria exits technical recession with 3.46% GDP growth
NewsStock market capitalization crosses N55 trillion mark
NewsBitcoin surges past $87,000 on ETF inflows
NewsBrent crude approaches $75 amid Middle East tensions
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsCBN raises interest rate by 400 basis points to 22.75%
BREAKINGNigeria secures $2.25 billion World Bank loan
NewsNaira stabilizes at N1,550/$1 in official market
BREAKINGSEC announces new rules for digital assets
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NewsForeign reserves hit $34.2 billion, highest in 2 years
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NEWSNNPC reports 47% profit increase
USD/NGN₦1,550 0.45%
NewsNigerian banking sector assets grow by 45% year-on-year
DOW42,850.22 0.32%
GOLD$2,890.5 0.85%
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
EUR/USD1.0845 0.12%
NewsGold hits record high as investors seek safe haven
ALERTAviation fuel prices drop by 8%
NewsOil prices rally on OPEC+ production cuts extension
NewsEuro depreciates against dollar ahead of ECB meeting
UPDATENDDC launches ₦2.5bn infrastructure bond
NewsDangote Refinery begins petrol production
UPDATETinubu approves ₦3 trillion for power sector
NewsNigeria's inflation rate drops to 24.48% in January
NGXASI98,575.68 1.25%
NAS18,290.25 1.05%
NewsNigeria exits technical recession with 3.46% GDP growth
NewsStock market capitalization crosses N55 trillion mark
NewsBitcoin surges past $87,000 on ETF inflows
NewsBrent crude approaches $75 amid Middle East tensions
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsCBN raises interest rate by 400 basis points to 22.75%
BREAKINGNigeria secures $2.25 billion World Bank loan
NewsNaira stabilizes at N1,550/$1 in official market
BREAKINGSEC announces new rules for digital assets
BRENT$72.45 2.10%
NewsForeign reserves hit $34.2 billion, highest in 2 years
WTI$68.92 1.80%
BTC$87,250 3.20%
S&P5,776.65 0.15%
NEWSNNPC reports 47% profit increase
USD/NGN₦1,550 0.45%
NewsNigerian banking sector assets grow by 45% year-on-year
DOW42,850.22 0.32%
GOLD$2,890.5 0.85%
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
EUR/USD1.0845 0.12%
NewsGold hits record high as investors seek safe haven
ALERTAviation fuel prices drop by 8%
NewsOil prices rally on OPEC+ production cuts extension
NewsEuro depreciates against dollar ahead of ECB meeting
UPDATENDDC launches ₦2.5bn infrastructure bond
NewsDangote Refinery begins petrol production
UPDATETinubu approves ₦3 trillion for power sector
NewsNigeria's inflation rate drops to 24.48% in January
NGXASI98,575.68 1.25%
NAS18,290.25 1.05%
NewsNigeria exits technical recession with 3.46% GDP growth
NewsStock market capitalization crosses N55 trillion mark
NewsBitcoin surges past $87,000 on ETF inflows
NewsBrent crude approaches $75 amid Middle East tensions
NewsFAAC disburses N1.1 trillion to federal, states, LGs
NewsCBN raises interest rate by 400 basis points to 22.75%
BREAKINGNigeria secures $2.25 billion World Bank loan
NewsNaira stabilizes at N1,550/$1 in official market
BREAKINGSEC announces new rules for digital assets
BRENT$72.45 2.10%
NewsForeign reserves hit $34.2 billion, highest in 2 years
WTI$68.92 1.80%
BTC$87,250 3.20%
S&P5,776.65 0.15%
NEWSNNPC reports 47% profit increase
USD/NGN₦1,550 0.45%
NewsNigerian banking sector assets grow by 45% year-on-year
DOW42,850.22 0.32%
GOLD$2,890.5 0.85%
NewsNGX All-Share Index hits new 2024 high as banking stocks surge
EUR/USD1.0845 0.12%
NewsGold hits record high as investors seek safe haven
ALERTAviation fuel prices drop by 8%
NewsOil prices rally on OPEC+ production cuts extension
NewsEuro depreciates against dollar ahead of ECB meeting
UPDATENDDC launches ₦2.5bn infrastructure bond
NewsDangote Refinery begins petrol production
UPDATETinubu approves ₦3 trillion for power sector
NewsNigeria's inflation rate drops to 24.48% in January
NGX INDICES
NGXASI98,575.68 1.25%
NGX304,523.15 0.85%
NGXBANK678.42 0.32%
NGXINS245.18 0.45%
NGXCG892.34 0.18%
NGXOIL567.89 1.12%
NGXIND345.67 0.23%
PREMIUM7,891.23 0.67%
NGXASI98,575.68 1.25%
NGX304,523.15 0.85%
NGXBANK678.42 0.32%
NGXINS245.18 0.45%
NGXCG892.34 0.18%
NGXOIL567.89 1.12%
NGXIND345.67 0.23%
PREMIUM7,891.23 0.67%
NGXASI98,575.68 1.25%
NGX304,523.15 0.85%
NGXBANK678.42 0.32%
NGXINS245.18 0.45%
NGXCG892.34 0.18%
NGXOIL567.89 1.12%
NGXIND345.67 0.23%
PREMIUM7,891.23 0.67%
MARKET NEWS
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
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
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Financial EDGE

ICPC Reaffirms Transparency and Integrity in 2025 Asset Disposal Exercise - FinancialEDGE

By adminResearch Signal
ICPC Reaffirms Transparency and Integrity in 2025 Asset Disposal Exercise - FinancialEDGE
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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has reaffirmed its unwavering commitment to transparency, accountability, and due process in the conduct of its 2025 Asset Disposal Exercise.

This declaration was made by the Chairman of the Commission, Dr. Musa Adamu Aliyu, during his address to auctioneers at the official bid opening ceremony held at the ICPC Headquarters, Abuja, on Thursday.

Dr. Aliyu, who was represented by the Director of the Systems Study and Review Department, Mr. Olusegun Adigun, emphasised that the entire process would be guided by transparency, integrity, and merit.

He noted that the Commission’s credibility depends on how faithfully it upholds these core principles.

The ICPC Chairman further assured that the Commission would continue to ensure that all recovered assets are utilised for national development.

“As an institution, the ICPC remains resolute in ensuring that every kobo recovered on behalf of the Nigerian people is properly managed, transparently utilized, and ultimately channeled toward national development,” he said.

Dr. Aliyu also emphasised that all submissions from the auctioneers would be evaluated strictly on merit, in accordance with laid down criteria and without bias or favoritism.

In her remarks, the Director of the Proceeds of Crimes Department (POCD), Mrs. Grace Aga-Ibe, echoed the Chairman’s position, reaffirming that the Commission remains deeply committed to ensuring that every process reflects integrity and fairness.

Similarly, the Executive Director of the Center for Fiscal Transparency and Public Integrity (CeFTPI), Mr. Umar Yakubu, commended the ICPC for conducting a transparent and credible process consistent with the United Nations Convention Against Corruption (UNCAC).

Other auctioneers present at the event also applauded the Commission for its openness and professionalism. They were informed that only those who met the stipulated requirements would be invited to the next stage of the exercise.

Representatives from the Bureau of Public Procurement (BPP) and the Nigerian Union of Journalists (NUJ) were also in attendance.

It may be recalled that the Commission had, in October, publicised the recovery outcomes from its 2024 Asset Disposal Exercise.