EFCC arrest 5 from Nigerian Film Corporation over N12 Million Scam

Five officials from the Nigerian Film Corporation were arrested in Jos on Tuesday by the Economic and Financial Crimes Commission (EFCC) for embezzling N12 Million ($81,200).

After interrogations carried out by the EFCC at their headquarters in Abuja, the five officials confessed and promised to refund the money.

Back in February, officials from the Nigerian Film Corporation proposed to the Minister of Information and Communications to move the corporation's headquarters to Abuja. Apparently N11.8 Million was issued for the movement by the ministry, but in April the approval for the move was cancelled.

The five officials from the Nigerian Film Corporation chose not to give the money back to the ministry and decided to share it amongst themselves and others in the corporation.

AllAfrica

CNN covers the Nollywood industry

With Nollywood  being the second largest movie producing industry in the world. CNN'S Christian Purefoy delves into Nollywood to uncover how movies are made on a shoestring budget and the effect piracy has on the Nollywood business model.

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Russian President Medvedev first visit to Nigeria

In the first visit by a Russian head of state to Nigeria. President Dmitry Medvedev was welcomed earlier today by Nigeria's Foreign Minister Chief Ojo Maduekwe at the Nnamdi Azikiwe International Airport Abuja.

President Medvedev is scheduled to meet President Umaru Yar'Adua to sign agreements to boost trade and economic relations between both countries.

R.Kelly concert tickets go on sale in Lagos and Abuja today

The 2009 THISDAY Music Festival tickets have gone on sale today. The artists performings this year are R.Kelly, Lagbaja, D'Banj, Neto C, Wande Cole, and P-Square to name a few.

R.Kelly is scheduled to perform in Abuja and Lagos from July 3 - 5, 2009

Don't forget to leave your young teenage daughters at home for this one!...I kid :P

AllAfrica

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Bollywood and Nollywood join forces

The first (Bollywood) and second (Nollywood) largest movie producers in the world have teamed up to have a joint film festival for Bollywood and Nollywood to commemorate the 60th and 50th independence anniversaires of the two countries.

The festival is scheduled to take place in Nigeria by January 2010 and will serve to strenghten the cultural and economic relations between India and Nigeria.

Yesterday, the Indian High Commisioner to Nigeria, Mahesh Sachdev met with the Minister of Information and communications, Prof. Dora Akunyili, and expressed how the partnership would benefit the 140 million people of Nigeria and the 1.1. billion people of India.

The Guardian

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