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A Federal High Court in Lagos on Monday dismissed a $2million money laundering charge filed by the Economic and Financial Crimes Commission (EFCC) against Uyiekpen Giwa-Osagie, a lawyer to former Vice-President Atiku Abubakar.
Justice Adenike Akinpelu of the Kwara State High Court on Wednesday convicted a 29-year-old internet fraudster, Ademola Adebukola alias “Holy Ghost” to one-year imprisonment on four counts of cheating and attempt to cheat.
The Federal High Court in Abeokuta, Ogun State, on Tuesday convicted and sentenced two Internet fraudsters, Tobiloba Shokunbi and Emmanuel Oladunjoye, to six months and four months imprisonment respectively.
Ex-Skye Bank chair Tunde Ayeni accuses Captain Okunbo of stealing, criminal diversion of millions...
A former chairman of the defunct Skye Bank (now Polaris Bank), Mr Tunde Ayeni, has dragged his business partner, Captain Hosa Okunbo, to the Economic and Financial Crimes Commission (EFCC) for alleged mismanagement, stealing and diversion of funds from their company – Ocean Marine Security Limited. In the petition written by his counsel, Mr Femi Fálànà (SAN), Ayeni gave a vivid account of how Okunbo tried to scheme him out of the company.
Shuaibu Shehu, an investigator with the Economic and Financial Crimes Commission, EFCC, and the second prosecution witness at the ongoing trial of Uyiekpen Giwa-Osagie, a lawyer to a former Vice President, Atiku Abubakar, has narrated how the defendant had received an instruction from Atiku to give the sum of $2m to one of his security guards.
The ongoing trial of Uyiekpen Giwa-Osagie, a lawyer to a former Vice President, Atiku Abubakar, continued on Monday, December 21, 2020, with the second prosecution witness, Shuaibu Shehu, an investigator with the Economic and Financial Crimes Commission (EFCC) telling Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos, how the defendant received instruction from the former Vice President to give the sum of $2m to one of his (Atiku) security guards.
The Nigerian Content Development and Monitoring Board (NCDMB) and the Petroleum Technology Association of Nigeria (PETAN) have signed an agreement on $30 million working capital scheme that will support the operations of oil companies against the adverse effects of Covid-19 pandemic and loss of contracts due to low oil prices.
Justice Agatha Okeke of the Federal High Court sitting in Uyo, Akwa Ibom State, has remanded one Vincent Harrison Chukwuemeka, an alleged serial Facebook hacker, in the custody of the Nigerian Correctional Service following his arraignment on one count charge of fraud to the tune of N407, 000 fraud.
A Federal High Court in Abuja has set aside the purported reversal of the consent given by the Federal Government for the farm-out agreement between Chevron and Transnational Energy Limited (TEL) on the Abigborodo and Hely Creeks marginal fields in the Oil Mining Lease (OML) 49.
A Brazilian state attorney filed a lawsuit on Wednesday against Carrefour to seek 200 million reals (37.6 million United States dollars) in damages after a black man was beaten to death by security guards at the retailer’s store in Brazil’s southern city of Porto Alegre.
Marcos Caldeira, a 34-year-old Brazilian businessman, has invested more than 10 million yuan (about 1.52 million United States dollars) in his import venture this year, shipping high-end Brazilian natural stones to China.
Turkey’s Disaster and Emergency Management Authority (AFAD) on Wednesday said that a total of 114 people were killed, 1,035 others wounded in a strong earthquake that hit the western province of Izmir.
The Economic and Financial Crimes Commission, (EFCC), on Tuesday, re-arraigned a former Attorney-General of the Federation and Minister of Justice, Mohammed Adoke (SAN), in a Federal High Court, Abuja.
The Zimbabwean government and former white commercial farmers on Wednesday signed a 3.5 billion United States dollars compensation agreement for the farmers.
Embattled acting Chairman of the Economic and Financial Commission (EFCC), Ibrahim Magu, has responded to allegations that he frustrated the extradition of a former minister of petroleum, Diezani Alison-Madueke and other fugitives to face trial in Nigeria.
Former Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mr. Andrew Yakubu, who is facing money laundering charge, on Wednesday, told the Federal High Court in Abuja that $9.7million and £74, 000.00 the Economic and Financial Crimes Commission, EFCC, found in his house in 2017, were part of monies people gave to him as gifts.
Lebanon‘s economic and financial deterioration brings serious hardship to citizens, who, for the first time, created various groups on Facebook to barter different items with each other, due to the very high inflation in the country.
Israel will allocate 100 million new shekels (29 million United States dollars) to promote advanced manufacturing technologies, the Ministry of Economy and Industry said Sunday.
Saudi Arabia registered on Friday 4,301 new cases of COVID-19, raising the total number of confirmed cases in the kingdom to 150,292.
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Manchester United boss Ole Gunnar Solskjaer is refusing to dream of a late title push, believing Manchester City are “too far ahead” despite yesterday’s superb derby win.
Nigerian Institute of Building (NIOB), Pharmaceutical Society of Nigeria (PSN) as well as 28 other bodies under the umbrella of the Association of Professional Bodies of Nigeria (APBN) have called for more patronage of indigenous professionals.
The African Development Bank (AfDB) has approved two grants worth $1.3 million for research aimed at increasing women’s access to a range of digital financial services on the continent.
Liverpool manager Jurgen Klopp hopes a change of competition will give his side a break from their wretched Premier League form that has put their chances of a top-four finish in jeopardy.
Former Lagos Governor, Asiwaju Bola Tinubu, has described the Late Supreme Court Justice Nwali Sylvester Ngwuta who died at the weekend as an eminent and erudite jurist whose knowledge of the law and its application was peerless.
The Nigerian Army, Saturday denied claims in a national newspaper, alleging that many soldiers were killed by armed bandits when the bandits stormed a military base in Katsina state, saying it does not represent facts of the incident.
Some road users have decried the deplorable state of the Abaranje-Okerube Road located in the Igando-Ikotun Local Government Development Council (LCDA) of Lagos State.
The Federal High Court, Abuja, on Friday, adjourned a suit filed by the Ondo State Chief Judge, Justice Oluwatoyin Akeredolu against the state governor and five others over a viral video made by a citizen of the state, Olupelumi Fagboyegun.
A media aide to Jigawa governor, Auwal Sankara, confirmed the death of the federal lawmaker to newsmen. He said he died at the National Hospital, Abuja, on Thursday.
In 2008 the research topic for my 2nd Masters programme was titled “International Small Arms Regime And The State:” The focus was on Africa and Nigeria.