CCT: Bank documents against Saraki burnt in GTB- Witness says

As the trial of the senate president Bukola Saraki continues at the Code of Conduct Tribunal, the prosecution witness and an investigator with the Economic and Financial Crimes Commission (EFCC), Michael Wetkas, yesterday, told the tribunal that part of the financial documents indicting Saraki for money laundering had been destroyed in a fire incident at Guaranty Trust Banks, one of the banks said to have been used by Saraki.

Why Nigeria's plans for a dream Eldorado city are not radical enough

(CNN)The government of the state of Lagos -- Nigeria's former capital -- has proudly proclaimed it is building a new city that will become the new financial center of Nigeria, and perhaps West Africa. The scale of the Eko Atlantic project is immense and progress is being achieved through a team effort between investors, planners, engineers and contractors.

Pitched as Africa's answer to Dubai, Eko Atlantic is a multibillion dollar residential and business development that is located as an appendage to Victoria Island, and along the renowned Bar Beach shoreline in Lagos. The plan is that it will:

• Consist of ten square kilometers (3.86 square miles) of land reclaimed from the Atlantic Ocean
• Be home to quarter of a million people and employ a further 150,000 people who will commute on daily basis
• Be billed as a 24-hour, green-conscious, world-class city; and
• Attract and retain top multinational corporations