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

Business

Police Clear Real Estate Developer, Lawyer Of Alleged Forgery

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The Nigeria Police Force has exonerated a real estate developer, Alex Ochonogor and his lawyer, Ademola Owolabi, of any involvement in the allegations of forgery and willful property damage. Both Ochonogor and Owolabi were cleared of any wrongdoing in an...
Business

Cost of Building a 3-Bedroom House in Lagos (2025 Estimates) -By Dennis Isong 

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It was a hot Thursday afternoon in March when Mr. Bamidele called me. The first thing he said was, “Dennis, I don’t want any talk about land today. Just tell me: how much will it cost me to build a...
Business

Court Bars Security Agents From Inviting, Arresting Pst. Adeboye’s Son, Others Over Kaduna Contract

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Pastor Adeolu Adeboye Justice Alexander Owoeye of a Federal High Court, Lagos has restrained all security agencies in Nigeria, from inviting, interrogating an d arresting, Adelu Adeboye, the son of General overseer of the Redeemed Christian Church of God (RCCG)...
Business

Breach Of Contract: Court Fixes Oct. 22 To Hear Suit Against Virgin Atlantic Airways 

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Justice Alexander Owoeye of a Federal High Court, Lagos, has fixedl October 22 and 2025, for hearing of a lawsuit filed by a Security Expert, Alhaji Ahmed Rabiu against Virgin Atlantic Airways, over alleged breach of contract and the...
Business

Alleged Ponzi Operator, Adonu Kingsley Ifeanyi Docked Over N10.013bn Fraud 

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A Ponzi scheme operator, Adonu Kingsley Ifeanyi, has been arraigned before a Federal High Court Lagos, on a five count-charge of money laundering to the tune of N10, 013, 237, 842 billion. Adonu Kingsley Ifeanyi, whose company name bears operates...
Business

Court Hears CSO’s Suit Challenging AMCON’s $62m Sale Of IBEDC In Sept. 9

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An Abuja division of the Federal High Court, has fixed September 9, 2025, to hear a suit filed by a Civil Society organization, the African Initiative Against Abuse of Public Trust, challenging the purported sale of a 60% equity...
Business

Zenith Bank Reassures Shareholders, Investors Of Continued Dividend Payment, To Exit CBN’s Regulatory  Forbearance

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Zenith Bank Plc, Nigeria’s biggest bank by Tier-1 Capital, has assured shareholders and investors of its readiness to satisfy all relevant conditions to exit the Central Bank of Nigeria’s (CBN) regulatory forbearance by June 30, 2025.  The bank also expressed...
Business

‘N32bn Fraud Case’: Court To Rule On Pre. Obj. July 1; As Defendants Challenged Charge Validity

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Justice Lewis Allagoa of the Federal High Court in Lagos has fixed July 1, 2025, to rule on which application to hear first in the ongoing alleged N32 billion fraud case involving a legal practitioner, Victor Ukutt and Whoba...
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...
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...
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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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