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Lagos State High Court.

Malaysian remanded in prison for alleged €250 million fraud

A Special Offences Court in Lagos has remanded a Malaysian immigrant, Tan Richard, at the Ikoyi Prisons for an alleged €250 million fraud.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

No debit order: Court fixes October 16 for Patience Jonathan’s suit

A Federal High Court in Lagos has fixed October 16 for hearing in a suit filed by former First Lady, Patience Jonathan, challenging a “No Debit Order” placed on her accounts.

Lawyer asks court to nullify central bank chief’s re-appointment

A whistle blower, George Uboh, has challenged the plan by the federal government to extend the appointment of the Governor of the Central Bank of Nigeria (CBN), Godwin Emiefele
Vice President Yemi Osinbajo

Business giants in trouble over N5 trillion AMCON debts

Institutions and individuals on Asset Management Corporation of Nigeria’s (AMCON’s) debtors’ list are to be blacklisted. They will no longer be allowed to do business with the government henceforth, it was learnt at the weekend.
FirstNation Airways CEO, Kayode Odukoya

Witness: First Nation chief provided forged document for N1.7 billion loan

The witness said that the loans were granted to Odukoya because his application inferred some urgency for the funds to run the operations of First Nation Airway and Bellview Airlines.
Fola Ojo

Kidnapping: The thing speaks for itself

Franklin Delano Roosevelt was the US President in tough times. The Great Depression and World War II were harrowing events that could have mowed Americans down to the rubble. But, the 32nd President successfully pulled the country to safety and succour. There is none in American history granted more frequent access to sit in the Oval Office as President Roosevelt.
FirstNation Airways CEO, Kayode Odukoya

EFCC stalls trial of First Nation boss accused of N1.7 billion theft

The Economic and Financial Crimes Commission (EFCC) on Wednesday, stalled the trial at Ikeja Special Offences Court of Mr Kayode Odukoya, Managing Director (MD) of First Nation Airline, accused of stealing N1.7 billion,

New judge to hear Patience Jonathan’s suit against EFCC

A new judge, Justice Chukwujekwu Aneke of the Federal High Court in Lagos, has taken over a suit filed by former first lady Dame Patience Jonathan challenging a “no-debit-order” placed on her account by the Economic and Financial Crimes Commission (EFCC).
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

No debit order: Court fixes date for further hearing of suit filed by Patience...

A Federal High Court Lagos on Wednesday, fixed May 22, for further mention of a suit filed by former First Lad, Dame Patience Jonathan, challenging a “No Debit Order” placed on her accounts.

PDP: Governor Okorocha withdrew N17 billion from banks in three days

The Imo State chapter of the Peoples Democratic Party has accused Governor Rochas Okorocha of withdrawing N17bn from four banks in three days and converting government property to personal use.
Tunde Ayeni

EFCC: Tunde Ayeni took N17.4bn cash from Skye Bank in one year

The Economic and Financial Crimes Commission, EFCC, says a former Chairman of the defunct Skye Bank Plc (now Polaris Bank), Tunde Ayeni, took N17.4bn raw cash from the suspense account of the bank between January 1 and December 31, 2014.

Court orders release of detained ex-Skye Bank chief Tunde Ayeni

Justice Yusuf Halilu of an Abuja High Court on Tuesday ordered the Economic and Financial Crimes Commission to immediately release detained former Chairman of Skye bank, Tunde Ayeni, from its custody.

EFCC denies alleged poisoning of former Skye Bank chief

The Economic and Financial Crimes Commission (EFCC) has denied an allegation that its operatives poisoned the Chairman of the defunct Skye Bank, Mr Tunde Ayeni.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

EFCC speaks alleged poisoning of former Skye Bank chief by its operatives

The Economic and Financial Crimes Commission has denied an allegation that its operatives poisoned the Chairman of the defunct Skye Bank, Tunde Ayeni.

EFCC presents more witnesses against ex-Governor Lamido

The Economic and Financial Crimes Commission (EFCC) on Wednesday presented four more witnesses in the ongoing trial of former Governor of Jigawa State, Sule Lamido, his two sons, Aminu and Mustapha, Aminu Wada Abubakar, Bamaina Holdings Ltd and Speeds International Ltd before Justice Ijeoma Ojukwu of the Federal High Court, Abuja.
Polaris Bank

AMCON seeks investors for Polaris Bank

The Asset Management Corporation of Nigeria (AMCON) is to seek new investors to take over Polaris Bank Limited after elections next month, adding that it is taking stock of the bank’s assets ahead of a sale.
Nwankwo Kanu

Vandals cart away Nwankwo Kanu’s medals

Former Nigeria international, Nwankwo Kanu, cut a pitiable sight in Lagos on Monday as he revealed how suspected vandals invaded his The Hardley Apartments situated along Waziri Ibrahim Crescent on Victoria Island, making away with his football medals, trophies, plaques and other valuable items.
President Muhammadu Buhari has lauded Nigerians for curbing excessive taste for foreign products, which has positioned the country for food self-sufficiency, and resulted into savings of over $21 billion.

President Buhari: I didn’t order EFCC to stop investigating Senator Akpabio

Nigerian President Muhammadu Buhari said none of the ruling All Progressives Congress members or his close allies has immunity against corruption charges.

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Archbishop of Enugu Ecclesiastical Provence, Church of Nigeria, Anglican Communion, Dr. Emmanuel Chukwuma

Bishop Chukwuma challenges Governor Ugwuanyi on legacy projects

Most Rev. Emmanuel Chukwuma, Archbishop of Enugu Ecclesiastical Province, Anglican Communion, has appealed to Gov. Ifeanyi Ugwuanyi of Enugu State to leave legacies that posterity would remember him for.

NDLEA: 27 million involved in illicit drugs globally

The National Drug Law Enforcement Agency (NDLEA), has expressed worry over prevalent cases of drug abuse among youths in the country.
Governor of Edo State, Mr. Godwin Obaseki

Central bank, BoI mull financing window for Edo Creative Hub

The Central Bank of Nigeria (CBN) and the Bank of Industry (BoI), have disclosed plans to partner with the Edo State Government to ease access to finance to creators at the Edo Creative Hub.

Police confirm Lagos man kills wife, son, self

The police in Lagos said a 42-year-old man, Enifeh Omomo, allegedly committed suicide after killing his wife and their six-year-old son at their Ikorodu residence.
This picture taken on Tuesday, July 17, shows trucks completely blocking a section of the Oshodi-Apapa Expressway at Second Rainbow inward Mile 2, and commercial buses driving against traffic.

Truckers hails removal of navy from controlling Apapa traffic

The Federal Government’s withdrawal of the Nigerian Navy and other military formations from controlling traffic at the Apapa Port has been lauded as a welcome development by some truck owners.