Monday, June 23, 2025
Monday, June 23, 2025
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Business

EFCC Arraigns Man Over Alleged N5bn Fraud

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A man, Ibrahim Abubukar, has been arraigned by the Economic and Financial Crimes Commission (EFCC), before a Federal High Court, lagos, on charges bordering on alleged conspiracy to commit stealing and retaining the sum of N5 billion, proceeds of...
Features

“Recovered Assets Will No Longer Be Re-looted”, EFCC Boss 

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Mr. Olukayode Addressing The Press After The Visit The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has reaffirmed the agency’s unwavering commitment to ensuring that recovered assets are transparently and effectively utilized for...
Courts

Cybercrime: Ecobank Staff Jailed Over N2.4m Fraud

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The Convicted Ecobank Staff A staff of Eco Bank Plc, Solomon Stephen Ufayo, has been convicted and sentenced to one-year imprisonment for cybercrime, by a Federal High Court, Lagos. The convicted banker was given the jail-term by Justice Yellim Bogoro, last...
Courts

Court Jails Bricklayer For Dealing in 48kg of India Hemp

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A 25 year-old bricklayer, Olamilekan Idowu, has been convicted and sentenced to two years imprisonment by a Federal High Court, Lagos, for unlawful dealing in 48 kilograms cannabis Sativa popularly called marijuana. The convicted bricklayer was given the jail-term following...
Courts

Police Arraign Ghanaian Over Alleged N7.4m Visa Fraud

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Nigeria Police Boss, Dr. Kayode Egbetokun The operatives of Force Criminal Investigation Department ForceCID Annex Alagbon-Ikoyi Lagos, has arraigned a Ghanaian, Yaw Agyei, for allegedly obtaining the sum of N7, 462 million under false pretence of procuring visa. The Ghanaian was...
Business

‘₦7.8bn Fraud’: Ex-CBN Gov. Emefiele Docked For Unlawful Possession of 753 Housing Units

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Mr. Godwin Ifeanyi Emefiele, the former Governor of the Central Bank of Nigeria (CBN), was today, arraigned before Justice Yusuf Halilu of the Federal Capital Territory (FCT)  High Court, Maitama, Abuja, on an eight-count charge bordering on criminal breach...
Business

Ex-Shomolu LG Boss, Bago-Stowe Denies Gratification Allegations; Gives Reasons For Going With Party’s Decision

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Honourable Olorogun Gbolahan Bago-Stowe, Former Chairman Shomolu LGA Honourable Olorogun Gbolahan Bago-Stowe, a former chairman of Shomolu Local Government Area, Lagos, has denied gratification allegations made against him on the recently held primary election of All Progressive Congress (APC) in...
Features

CAPPA Decry Benue Killings, Calls For Urgent Action

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Corporate Accountability and Public Participation Africa (CAPPA) has condemned in strongest terms the senseless massacre of over 200 persons in Yelewata and Daudu communities in Guma Local Government Area of Benue State, decrying the cold indifference of federal and...
Business

Judge Orders Appearance Of Lawyer, Awa Kalu In Court Over ‘Fleeing Client’

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Nnamdi Awa Kalu, The Lawyer Ordered To Appear In Court Over Fleeing Client, Richard Ironbar Edemadem Justice Ambrose Lewis Alagoa of the Federal High Court, has ordered a lawyer, Nnamdi Awa Kalu to appear before him on July 9, 2025,...
Business

Investment: Hyperinflation And Nigerians In Diaspora -By Dennis Isong.

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Definition of Hyperinflation: Hyperinflation is an extremely rapid and out-of-control increase in prices, often exceeding 50% per month. Unlike regular inflation, which is a normal rise in prices over time, hyperinflation involves a collapse in the value of currency,...
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Police Clear Real Estate Developer, Lawyer Of Alleged Forgery

The Nigeria Police Force has exonerated a real estate developer, Alex Ochonogor and his lawyer, Ademola Owolabi, of any...
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