Saturday, January 31, 2026
Saturday, January 31, 2026

Business

Court Awards Punitive Damages Against First Bank Over ‘Wrongful Blacklisting’

The Owerri division of the National Industrial Court, Imo State, has awarded a punitive cost of N50 million, against First Bank Plc, in favour of one of its wrongfully dismissed staff, Collins Godspower, over “wrongful blacklisting” by the Central Bank...

Outis Capital: “All-in-One Investment Platform Democratizing Wealth Building For Everyday Investor”

In an era where financial markets feel increasingly exclusive, a bold new entrant is shaking things up by putting sophisticated investment tools into the hands of anyone with a smartphone and a dollar to spare.  Outis Capital, a fresh fintech...

Court Remands Company Worker Over Alleged N90.5m Fraud 

A staff of SOHCAHTOA Investments Limited, Bello Saheed Samuel, has been remanded in the custody of the Nigerian Correctional Services (NCoS) over alleged N90. 571, 000 million fraud, by a Federal High Court Lagos. The company worker was remanded by...

SSB Tax: Should Private Profits Supersede Public Health? -By Robert Egbe

Nigeria’s shift toward a pro-health review of the tax payable by manufacturers of non-alcoholic, sweetened, and carbonated drinks, commonly known as Sugar-Sweetened Beverages (SSBs), has reached a critical moment. Last November, the Senate Joint Committee on Finance, Customs and Excise...

Court Slams N210m Damages On Airtel Network Over Unlawful Use Of ‘Nigeria Go Survive’ Song

Justice Ibrahim Ahmad Kala of a Federal High Court, Lagos, has awarded a total sum of N210 million as damages for copyright infringement, against Airtel Network Limited, over unlawful use of a musical work titled 'Nigeria Go Survive'. As further...

Bizman Victor Ogiemwonyi, Firm Convicted Over $80,000, N953m Share Proceeds Fraud

Victor Ogiemwonyi A Nigeria businessman, Victor Ogiemwonyi and his firm, Partnership Securities Limited, have been convicted for stealing N953,535,861.57 million and $80,000 USD in a fraud linked to the sale of Ecobank Transnational Incorporated (ETI) shares by an Ikeja court...

NAFDAC Begins Clampdown On Sachet Alcohol, Cites Risks To Children, Youth

The National Agency for Food and Drug Administration and Control (NAFDAC) has commenced full enforcement of the ban on the production and sale of alcohol packaged in sachets and polyethylene terephthalate (PET) bottles below 200 millilitres, following a resolution...

Businessman Wilson Opuwei, Firm Docked Over Alleged $550k Fraud

The businessman, Wilson Opuwei The Economic and Financial Crimes Commission (EFCC) has arraigned a businessman, Wilson Opuwei, alongside his company, Dateline Energy Services Limited, before the Special Offences Court, Ikeja, Lagos, over an alleged $550, 000 USD fraud. Opuwei and his...

EFCC Hands Over N1.2bn Recovered  From Sujimoto To Enugu State Govt

EFCC officials Handing Over The money to the representative of Enugu State Government. Photo by EFCC In line with its unwavering commitment to the fight against corruption, economic and financial crimes and the recovery of public funds misappropriated or unutilized...

Court Adjourns N1.5bn Defamation Suit Against This Day, Onikepo Braithwaite, Other To Mar. 10

Further hearing on N1.5 billion defamation suit filed by a senior lawyer, Adekunle Babatunde Ogunba (SAN) against This Day newspaper and one of its editors, Mrs Onikepo Braithwaite, has been adjourned to March 10, 2026. The presiding judge, Justice Rosul...
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Latest News

Court Awards Punitive Damages Against First Bank Over ‘Wrongful Blacklisting’

The Owerri division of the National Industrial Court, Imo State, has awarded a punitive cost of N50 million, against...
- Advertisement -spot_img