It was a humid afternoon along Ikosi Road, Ketu, Lagos, where the air carried the mixed scents of freshly baked bread and exhaust fumes from the ceaseless flow of yellow danfos and generating sets. Nestled beside a bakery stood a small business centre painted in the signature red of a telecommunications giant. The telco’s logo […]
•Dele Farotimi The Nigeria Police Force has filed a notice of discontinuance in the alleged defamation suit filed by the Inspector General of Police (IGP), Kayode Egbetokun, against Lagos-based legal practitioner and author, Dele Farotimi. Our correspondent sighted the notice of discontinuance dated January 29, 2025 which was filed pursuant to...
The Federal Inland Revenue Service (FIRS), today re-arraigned Binance Holdings Limited on four-count charge bordering on tax evasion allegations. Nigerian representative of Binance, Ayodele Omotilewa, who was docked, took a plea on behalf of the company before Justice Emeka Nwite of a Federal High Court, Abuja, reports NAN. He pleaded not guil...
•Mamman and former President Muhammadu Buhari The Economic and Financial Crimes Commission (EFCC) may arraign a former Minister of Power, Saleh Mamman, today for allegedly laundering over N33, 804, 830, 593.73. Mamman, who served under ex-President Muhammadu Buhari, is expected to face 12-count charge, based on offences he allegedly committed ...
•Cubana Chief Priest A Federal High Court sitting in Lagos today struck out the charge of naira abuse filed against celebrity bartender, Pascal Okechukwu, popularly known as Cubana Chief Priest, by the Economic and Financial Crimes Commission (EFCC). The presiding judge, Justice Kehinde Ogundare directed Okechukwu to forfeit the sum of N10 mil...
•Ikuforiji A Federal High Court in Lagos has discharged and acquitted ex-Lagos speaker, Adeyemi Ikuforiji of a 54-count money laundering charge. Ikuforiji was discharged alongside his former personal assistant, Oyebode Atoyebi. The defendants were first arraigned on March 1, 2012, before Justice Okechukwu Okeke on a 20-count charge bordering o...
•CBN Governor Yemi Cardoso The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on transactions. This was contained in a circular dated yesterday, Monday May 6, 2024 by the apex bank to all commercial, merchant, non-interest and payment service banks as well as mobile [&hel...
•Embattled former CBN Governor, Godwin Emefiele The Economic and Financial Crimes Commission (EFCC) is set to arraign former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, for approving the printing of N684.5m notes at the rate of N18.96bn. In the fresh 4 count charge filed against him, the EFCC alleged that Emefiele disobeyed...
•Emefiele The Economic and Financial Crimes Commission (EFCC) has filed a fresh 26-count charge bordering on abuse of office & corruption against the immediate former governor of the Central Bank of Nigeria (CBN) Godwin Emefiele. Emefiele will be arraigned before Justice Rahman Oshodi of the Lagos High Court, Ikeja on Monday, April 8 on co...
•Inter Milan’s forward Marcus Thuram fights for the ball with Napoli’s defender Amir Rrahmani (L) Inter Milan’s march towards a 20th league title was slowed down yesterday by reigning champions Napoli who escaped the San Siro with a creditable 1-1 draw. Juan Jesus nodded home Napoli’s leveller with nine minutes remaining after fighting back fr...

