archiveApril 16, 2025

Presidential candidate of Labour Party in the 2023 general elections, Peter Obi, has asked President Bola Tinubu to leave whatever he’s doing in France and return to Nigeria to tackle the wave of security challenges bedeviling the country. Mr Obi made the call in a statement posted on his X...

The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission (EFCC) Okotie-Eboh, Ikoyi, Lagos, onTuesday, April 15, 2025, presented its first prosecution witness, PW1, Danladi Ibrahim, an operative of the National Drug Law Enforcement Agency, NDLEA, in the trial of Alhaji Ahmed Shaw , a Sierra Leonean, before...

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mr. Bashir Bayo Ojulari, has reaffirmed his commitment to forging strong and effective partnerships with key stakeholders to successfully deliver on the strategic mandate entrusted to him by His Excellency, President Bola Ahmed Tinubu. According to...

The World Bank has praised Nigeria’s recent GDP growth of 3.4% — the strongest since 2014 — and commended the government’s progress in stabilising the economy and improving portfolio performance. The delegation from the World Bank, led by Vice President for Western and Central Africa, Ousmane Diagana, who met on...

The Ad-Hoc Committee of the House of Representatives on Rivers State has summoned the Sole Administrator of the state, Vice Admiral Ibok-Ete Ibas (rtd.). The committee directed Ibas to appear before it for a “comprehensive interactive session” on Thursday, April 17, 2025, at the National Assembly Complex, Abuja. According to...

Justice F. N. Ogazi of the Federal High Court sitting in Ikoyi, Lagos, on Tuesday, April 15, 2025, ordered the final forfeiture of 2,041,087,747.00 units of Livingtrust Mortgage Bank Plc, formerly known as Omoluabi Mortgage Bank Plc, valued at N6,674,356,932.69. The court also ordered the final forfeiture of the sums...

The Economic and Financial Crimes Commission (EFCC) has said that individuals who invested in the CBEX digital trading platform will get their money back. EFCC said it was already tracking the CBEX trading platform before the recent public outcry. According to several posts on X, the CBEX, which promised investors...

An Abeokuta High Court presided over by Justice E.O. Osinuga has slammed N500 million damages against Oba Adetoye Alatishe, the Gbengande of Ososa, in Ijebuland, Ogun State, for libel against a foremost industrialist, Dr. Sulaiman Adegunwa. Oba Alatishe was also ordered to apologise and do a retraction in three national...

Heads of law enforcement agencies in Niger State as well as the state's judiciary have declared their willingness to share intelligence with the Economic and Financial Crimes Commission, EFCC and give it every other support in its efforts to eliminate corruption, economic and financial crimes in the country. The declaration...