Allegations of money laundering, tax evasion trail Rev. Mother Ajayi’s suspected ban from UK

Who is after Reverend Mother Esther Abimbola Ajayi, the General Overseer of Love of Christ (LOC) Generation Church, United Kingdom? This is the mind-boggling question that has been troubling many of her admirers and followers. The highly revered evangelist, preacher, motivational speaker and philanthropist has become a subject of derision among some Nigerians living abroad, especially in the United Kingdom, where her church is based. The church, which sources said is small, is reportedly located in Clapham, London. Sources disclosed that Iya Adura, as Rev’d Mother Ajayi is fondly called,…

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Why food inflation persists -Cardoso

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that the huge purchase of foodstuffs by the government as palliatives is contributing to the galloping food inflation in the country. He stated this in his contributions during the March Monetary Policy Committee, which was published on the website of the CBN. The MPC increased the benchmark interest rate to 24.75 per cent, from 22.75 per cent. The committee had said that its hawkish stance was to tackle inflation. However, the country’s inflation rate accelerated to 33.2 per…

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Court restrains NERC, DisCo from implementing new tariff

A federal high court in Kano has granted an interim order restraining the National Electricity Regulatory Commission (NERC) from implementing a hike in electricity tariff for Band A customers in the state. The court directed Kano Electricity Distribution Plc to discontinue the implementation of tariff increased from N76.54/Kwh to N225/Kwh. The Interesting Things About Pha Din Pass, Dien Bien That Just A Few People Know Justice Abdullahi Muhammad Liman, who granted the order also directed NERC and KEDCO to stop taking any step, pending hearing and determination of a motion…

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Repentant B/Haram members invade police station in Maiduguri

A gang of repentant Boko Haram insurgents dressed in military uniforms on Tuesday night invaded a police station in Maiduguri in an attempt to set free their colleagues who were arrested earlier over alleged drug offences about a week earlier. Police Public Relations Officer in Borno State, Kenneth Daso, confirmed that there was an incident at the police station, and that the assailants were repelled by officers on duty. Daso said the security breach was heralded by an operation carried out by the police. He said, “On the 30/04/24 at…

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Police arrests Abuja/Kaduna train attack kingpin

Operatives of the Nigeria Police Force have apprehended one Ibrahim Abdullahi, aka Mandi, who is believed to be the mastermind of the March 2022 Abuja-Kaduna train attack. The Force Public Relations Officer, ACP Olumuyiwa Adejobi, revealed this during a press briefing in Kaduna, earlier today, according to The WILL. He stated that 48 AK-47 rifles were recovered during his arrest while investigations are ongoing to identify his sponsor and supplier of the weapons.

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Tudun Biri Bombing: Army concludes investigation, indicted officers to face court martial

The military high command says it has concluded its long-awaited investigations on the bombing of innocent citizens Tudun Biri village of Igabi LGA of Kaduna State. It also said two officers of the Nigerian Army, who were found wanting about the incident would face court-martial, saying the operation shouldn’t have happened in the first place. The Director, Defence Media Operations, Edward Buba, disclosed this at an ongoing press briefing at Defence Headquarters, Abuja on Thursday. The drone bombing error, which occurred on Sunday, December 3, 2023, resulted in dozens of…

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How Finidi George emerged as Super Eagles manager

Fresh facts about how Finidi George beat fan favourite Emmanuel Amuneke and other applicants to the Super Eagles job have emerged. Monday, the Nigerian Football Federation approved the recommendations of its Technical Committee to appoint Finidi as coach ahead of over 60 other local and foreign applicants. Some of the other coaches who applied are US U-19 coach Michael Nsien, Spain-based former Katsina United coach Henry Makinwa, Sylvanus Okpala and Daniel Amokachi. Former Cameroon coach Antonio Conceicao and Dutchman Danny Bujis also reportedly applied for the job. A member of…

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LASG demolishes Ikoyi under bridge apartment where squatters pay N250k rent

Hon. Tokunbo Wahab, the Lagos State Commissioner for the Environment and Water Resources, said the government discovered an apartment under the Dolphin Estate Bridge, Ikoyi, where tenants pay as much as N250,000 annual rent. According to the commissioner, the under-bridge apartment has 86 partitioned rooms, sized “10×10 and 12×10”. Wahab shared this information via a post on X.com on Wednesday, along with videos. He added that the enforcement team of Lagos State’s Ministry of Environment and Water Resources had successfully removed all structures, including a container utilised for various illegal…

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Obi tackles Umahi, denies alleged incitement

The 2023 presidential candidate of the Labour Party, Peter Obi, has addressed what he calls the “distortion of facts” surrounding his actions and statements during his tenure as governor of Anambra State, particularly concerning the ongoing demolitions for the construction of the Lagos-Calabar coastal super highway. In a statement on Thursday via his X account, Obi stated, “I aim to address these issues directly, devoid of political rhetoric, to ensure clarity for all. Let me be unequivocal: during my governorship, I made it abundantly clear that all structures obstructing existing…

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17yr old hacker dazzles EFCC boss Olukoyede, hacks PC, bank account

The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, narrated an incident where a 17-year-old successfully hacked into his personal computer and bank account while being interrogated at his office in Lagos. The anti-graft agency chairman made this known in a chat with editors at the EFCC Headquarters, Jabi, Abuja, last Tuesday. Olukoyede recounted inviting the 17-year-old for questioning at his own office, only to witness the young hacker effortlessly bypass the security measures of his locked computer right before his eyes. He said, “I brought into my…

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Naira Abuse: EFCC, Cubana Chief Priest to settle out of court

Celebrity barman, Pascal Okechukwu, popularly known as Cubana Chief Priest and the Economic and Financial Crimes Commission, EFCC, have reached an agreement to resolve the naira abuse charge outside of court. The out-of-court settlement was disclosed when the proceedings resumed on Thursday. The commission had alleged that Cubana Chief Priest while dancing during a social event, tampered with funds in the denomination of N500 notes issued by the Central Bank of Nigeria by spraying the same for two hours. Okechukwu appeared before Justice Kehinde Ogundare, facing three counts related to…

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Tinubu, Abiodun applaud as Rite Foods boss Sulaiman Adegunwa bags Asiwaju of Ijebu

According to a report published in the Punch Online Newspaper on Sunday, April 28, 2024, the Chairman of Rite Foods Limited, Dr. Sulaiman Adebola Adegunwa OFR, and his wife, Hajiya Fatima Adegunwa, have been pronounced as the Asiwaju of Ijebu and the Yeye Asiwaju and Arobake of Ijebu respectively, at a ceremony held at the Awujale Pavilion in Ijebu Ode, Ogun State. The Business Mogul was reported to have succeeded the late Prof Adebayo Adedeji, a former Under-Secretary-General of the United Nations and Executive Secretary of the United Nations Economic…

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Access Bank Advocates for Innovative Financing Models to Realise SDGs

At the 2024 Medic West Africa Event, organised by ABCHealth in collaboration with Informa Markets, Access Bank reaffirmed its dedication to fostering positive transformation in healthcare across Africa. The event, which served as a platform for stakeholders across industries to deliberate on the theme ‘Healthcare Investments in Africa: Mobilizing the Private Sector to Drive Healthcare Investments in Africa,’ aimed to chart a path through which corporates can leverage innovative financing models and strategic partnerships in fostering the achievement of the United Nations Sustainable Development Goals. The discussions also explored strategies…

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Free for all as senate resumes from holiday

A free for all by members Nigeria’s upper chamber, the Senate marred their resumption from Easter and Sallah break on Tuesday, April 30. During the rowdy session, senators literally fought over seats as the plenary commenced at about 11:00am after the Senate president, Godswill Akpabio, arrived the chamber and took his seat. After saying the statutory prayers, Akpabio announced the names of senators who had their birthdays while the Senate was away on recess. It was while the announcement was ongoing that Senator Sahabi Ya’u (APC – Zamfara North) was…

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FG grants 25 to 35% salary increment to Public Servants, Armed Forces, Police, others

The Federal Government has approved a 25 to 35 per cent increase in the salary structures of police officers, the armed forces, public servants, among others. It announced this on Tuesday through the National Salaries, Incomes and Wages Commission, stating that the salary raise takes effect from January 1, 2024. The NSIWC, in a statement issued by its Head of Press, Emmanuel Njoku, said the approved increase of between 25 and 35 per cent in salary was for civil servants on the remaining six consolidated salary structures. The commission said,…

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Emefiele gets May 15 date for fresh charges at Abuja court

Nigerian antigraft agency, the Economic and financial Crimes Commission (EFCC) will on May 15 arraign former Central Bank of Nigeria (CBN) Governor Godwin Emefiele in a Federal Capital Territory court on a three-count amended charge. In the fresh charge filed against him, the EFCC alleged that Emefiele disobeyed the direction of law with intent to cause injury to the public during his implementation of the naira swap policy of the administration of former President Muhammadu Buhari. The anti-graft agency also accused Emefiele of unlawfully approving the withdrawal of N124.8 billion…

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Reprieve for Nigerians as NNPCL restores fuel supply

Reprieve seems to be coming the way of Nigerians as queues are beginning to vanish from filling stations across major cities after the Nigerian National Petroleum Company Ltd intervened in the logistic issues that breached the supply of premium motor spirit (PMS). On Tuesday In Abuja, filling stations are getting supply with queues disappearing across major locations like Kubwa, Central Area, Wuse, Maitama, and Gwarimpa. Speaking on the development, a top official said, “The fuel stations round shows that the situation is calm. All stations have products and are selling.”…

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Zenith Bank’s shareholders approve Holding Company structure

Shareholders of Zenith Bank Plc unanimously approved the restructuring of the Bank to a holding company during a court-ordered Extraordinary General Meeting (EGM) held virtually from Zenith Heights, Zenith Bank Plc, Victoria Island, Lagos, on Friday, April 26, 2024. In accordance with the Scheme of Arrangement dated March 28 2024, pursuant to Section 715 of the Companies and Allied Matters Act (CAMA), 2020 between the Bank and the holders of the fully paid ordinary shares of 50 Kobo each in the Bank, the shareholders voted to transfer 31,396,493,787 ordinary shares of 50 Kobo…

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Interview: The Celestial Church in the days of Oshoffa and now, by Olatosho Oshoffa

The 20th child of the founder of Celestial Church of Christ, Worldwide, Olatosho Oshoffa, popularly known as Tosho is the shepherd of CCC International Headquarters, Ketu, Lagos. He speaks with IMOLEAYO OYEDEYI on some controversial issues surrounding the church and its founder, the late Bilewu Oshoffa How related are you to the CCC founder, the late SBJ Oshoffa? My name is Olatosho Mathew Oshoffa. By the grace of God, I am the 10th son and the 20th child of the late founder of CCC. So, I am a real and…

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How my father managed his 13 wives, 53 children – Tosho Oshoffa

Olatosho Oshoffa, son of the Founder, Celestial Church of Christ, Worldwide, Bilewu Oshoffa, has revealed how the late spiritual leader managed his 13 wives and 53 children during his lifetime. The cleric, popularly known as Tosho, is the shepherd of CCC International Headquarters, Ketu, Lagos. Tosho, who is the 10th son and the 20th child of the late CCC founder, stated this in an interview with Sunday PUNCH. He stressed the love among the family members, including the wives and many children while noting that their late father used to…

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Pastor sends wife packing after confessing pregnancy for popular witch doctor

A witchdoctor in Pallisa, Eastern Uganda, has caused a buzz online after impregnating a pastor’s wife who had been sterile for almost 10 years. It’s reported Angella Atuko a wife to a well-known man of the cloth in Agule, felt fate up with her childless life and upon hearing of the reports about a witchdoctor who does magic to sterile women, she paid him a visit for traditional interventions. According to reports from Uganda’s media outlets, after Atuko sought the services of the witchdoctor, she got pregnant something that made…

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Tinubu names Jim Ovia as NELFUND chairman

President Bola Tinubu has approved the appointment of the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND). This was announced in a State House Press Release by the Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale on April 26, 2024. According to the statement, ‘‘the President believes Mr. Ovia will bring his immense wealth of experience and professional stature to this role to advance the all-important vision of ensuring that no…

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Ex-Aviation minister, Hadi Sirika in EFCC custody over alleged N8bn Air Nigeria fraud

Hadi Sirika, the immediate past miniter for aviation has been arrested by the Economic and Financial Crimes Commission over an ongoing N8,069,176,864.00 money laundering probe. The indicted former Minister of Aviation arrived at the Federal Capital Territory Command of the EFCC at about 1:00 pm on Tuesday. The PUNCH correspondent, who was at the Wuse office of the EFCC, observed the embattled former minister’s arrival at the anti-graft agency’s Abuja office. Following his arrival at the command, Sirika is currently meeting with EFCC investigators to answer questions on alleged fraudulent…

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Legend Twist gives consumers an unforgettable night at trace wive with D’banj and Alte culture festival

Legend Twist pulled out all the stops at Trace Live with D’banj, commemorating his two-decade journey as a stage icon. The electrifying event, held on April 12, 2024, at Terra Kulture, delivered an unforgettable experience. Guests arrived dressed to impress, brimming with excitement as they sampled Legend Twist’s trio of flavors – Lemon, Ginger, and Pineapple – and soaked in the vibrant atmosphere. As the lights dimmed, signaling the start of the show, the crowd erupted in cheers as D’Banj took the stage. The music legend treated fans to a…

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Dana Air overshoot runway at Lagos Airport, management expresses regrets

A Dana Air aircraft overshot the runway at the Murtala Muhammed International Airport in Lagos on Tuesday morning. The incident was reported to have occurred a few minutes past 10 am. Reports claim there are no casualties recorded, but details of the incident are still sketchy as of the time of filing this report. The management of Dana Air has however confirmed reports that one of its aircraft with registration number 5N BKI skidded off the runway at the Murtala Muhammed International Airport in Lagos on Tuesday morning. The airline…

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FG to sell Abuja, Benin, Kaduna, Kano, Ibadan DisCOs within three months

The federal government on Monday, April 22, vowed to sell off the five electricity Distribution Companies (DisCos) now under the management of banks and Asset Management Company (AMCON) in the next three months to reputable technical power operators. Recalled that Abuja Electricity Distribution Company (AEDC) is currently under the management of the United Bank of Africa (UBA), Fidelity Bank manages Benin Electricity Distribution Company, Kaduna Electricity Distribution Company, and Kano Electricity Distribution Company while Ibadan Electricity Distribution Company is under the AMCON management. They all found themselves under the new…

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Gov. Adeleke’s wives in hot battle for First Lady’s office

The two wives of Osun Governor, Ademola Adeleke, Ngozi and Titilola are embroiled in a hot battle for who occupies the office of first lady in the state. The two women blew the battle for supremacy open as they attempt to outdo each other as the state hosts the First Lady of the Federal Republuc of Nigeria, Mrs. Oluremi Tinubu on Tuesday, April 23. Ngozi and Titilola released different posters welcoming Senator Oluremi Tinubu to Osun State. Both wives, Ngozi and Titilola, have consistently laid claim to the Office of…

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Other aspirants protest as Gov. Aiyedatiwa wins Ondo APC governorship ticket

The Ondo State Governor, Mr Lucky Aiyedatiwa, on Sunday, emerged the winner of the governorship primary of the ruling All Progressives Congress in the state held between Saturday and Sunday. Though as of the time of filing this report, the results of the poll were still being announced by the chairman of the primary election committee and Governor of Kogi State, Mr Usman Ododo, Aiyedatiwa was in clear lead. As of the time of filing this report, results from 15 out of the 18 local government areas in the state…

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First Bank names Alebiosu as Adeduntan’s replacement

First Bank of Nigeria has named Mr. Olusegun Alebiosu as its acting managing director with effect from April 2024. The Bank stated this in a release signed by its acting company secretary Adewale Arogundade. Alebiosu takes over from Adesola Adeduntan, who gave up the role abruptly on Saturday even though he was due to complete his tenure in December 2024. The release stated that “following the resignation of the managing director/CEO of FirstBank, Dr. Adesola Adeduntan, the Board of Directors has appointed Olusegun Alebiosu as the acting CEO of the…

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Nadeem Anjarwalla, fleeing Binance chief arrested in Kenya, to be extradited to Nigeria

Police authorities in Kenya have arrested Nadeem Anjarwalla, a Binance Holdings Ltd. top executive, who escaped from detention in Nigeria and the International Criminal Police Organisation is finalizing moves to extradite him to Nigeria soonest. Government sources familiar with the case who spoke on condition of anonymity because they were not authorised to speak on the matter confirmed the development to our correspondent on Sunday night, reports The PUNCH newspapers. One of the sources said, “Binance executive, Nadeem Anjarwalla, has been arrested by the Kenya Police Service, and he would…

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Access Pensions to empower Africa’s next wave of talents with market readiness training

As the job market welcomes a new wave of talent post NYSC, Access Pensionshas announced the ‘Shape Your Future’ live empowerment webinar. This session is designed to prepare and equip young individuals as they transition into the business world or workforce, whether as employees or entrepreneurs. Scheduled for April 25, 2024, from 12:00 WAT, ‘Shape Your Future’ brings together industry experts and thought leaders to share invaluable insights and strategies for success. The sessions will feature distinguished speakers including Joycee Awosika, Founder/CEO Oriki Group who will speak on the topic‘Getting…

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Access Holdings’ shareholders back capital raising plan, hail Aig-Imoukhuede’s return as chairman

The shareholders of Access Holdings Plc at the 2nd Annual General Meeting (AGM) held on Friday, April 19, 2024, unanimously backed the Group’s plan to establish a capital raising programme of up to US$1.5 billion as well as the subset initiative to raise up to N365 billion, specifically, through a Rights Issue of ordinary shares to its shareholders. The proceeds of the Rights Issue would be used to support ongoing working capital needs, including organic growth funding for its banking and other non-banking subsidiaries. The shareholders also ratified the appointments…

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FG declares Kogi ex-Gov., Yahaya Bello, wanted

The Federal Government on Thursday put the immediate past Governor of Kogi State, Yahaya Bello, on its watchlist to prevent him from escaping from the country. The Nigerian Immigration Service, in a circular dated April 18, 2024 and signed by Assistant Comptroller of Immigration DS Umar, for the Comptroller-General, Kemi Nandap, alerted the police and the Department of State Services to effect the former governor’s arrest. This came hours after the Economic and Financial Crimes Commission declared Bello wanted in connection to an alleged case of money laundering to the…

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RC Ojodu hosts Rotary Family Health Day

*Rotary Club of Ojodu Hosts Successful Rotary Family Health Day, Benefiting Hundreds in Lagos-Ogun Outskirts* The Rotary Club of Ojodu, a beacon of community service and humanitarian efforts, recently concluded a highly successful Rotary Family Health Day (RFHD) from Tuesday, April 16th, to Wednesday, April 17th, 2024. The event, held in front of Destiny Child Primary School, 30 Paul Avenue, Powerline Yakoko, Ojodu, witnessed an outpouring of support from volunteers and medical professionals, all dedicated to improving the health and well-being of the local community. This year’s RFHD was Chaired…

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Cubana Chief Priest pleads not guilty to Naira abuse, gets N10m bail

Businessman and socialite, Pascal Okechukwu, popularly known as Cubana Chief Priest, on Wednesday, pleaded not guilty to tampering and abusing the naira during his trial at the Federal High Court, Lagos. Cubana Chief Priest was arraigned before Justice Kehinde Ogundare of the Federal High Court in Lagos on three counts bordering on abuse of naira by allegedly spraying and tampering with the nation’s currency at a social event, contrary to the provisions of the Central Bank Act of 2007. He was alleged to have sprayed the naira on February 13,…

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NUBIFIE pickets Heritage bank for dismissing over 1000 staff

The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE), today shut down Heritage Bank’s head office in Lagos following the sack of over 1000 personnel by the management of the bank led by Mr. Akinola George-Taylor without following due process, The union said it had resolved to continue with the picketing until the management of the bank decides to do the needful by ensuring the sacked workers get their legitimate severance package. The aggrieved ex-staff of the bank have locked the gate and prevented anyone from going in…

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More troubles for ex-Gov. Yahaya Bello as FG condemns Gov. Ododo’s rescue mission, EFCC issues wanted notice

Trouble seems not to have abated for ex-Kogi State governir, Yahaya Bello as the federal government in strong terms condemned his rescue effort by the Kogi State governor, Usman Ododo even as the Economic and Financial Crimes Comission has declared him wanted, threatening to enlist the military to effect his arrest. The EFCC declared the former governor of Kogi State, Yahaya Bello, wanted for offences relating to economic and financial crimes. This was according to a notice posted on the commission’s official Facebook page on Thursday. “Former Kogi State Governor,…

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Tinubu orders NOUN graduates to be admitted into NYSC, Law School

The President, Asiwaju Bola Ahmed Tinubu has directed the Ministry of Education to include National Open University of Nigeria (NOUN) graduates in the National Youth Service Corps (NYSC) scheme. He also directed graduates of the Law faculty in the institution to be allowed to enrol in Law School upon graduation. Tinubu gave the orders through the Deputy Executive Secretary of the National Universities Commission (NUC), Biodun Saliu, who represented the President at the institution’s 13th convocation ceremony on Saturday, April 13. “With the changing demographics of our great nation, the…

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Kogi Gov., Ododo smuggles embattled godfather from EFCC siege

Usman Ododo, the governor of Kogi state’s visit to the Abuja home of his predecessor and political godfather saved the day for the embattled ex-Gov. Yahaya Bello ad he was reportedly smuggled out of EFCC siege by his godson. Gunshots were heard in the premises while the former governor was being smuggled out of the premises by his successor and kinsman. An EFCC official could be overheard speaking with someone suspected to be his superior on the phone, stating that Bello was inside Ododo’s car, which departed. Operatives of the…

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Naira appreciates, sells for N1,100/$ at parallel market

Nigeria’s currency, the naira rose further on Monday in the parallel section of the foreign exchange (FX) market. At the Lagos street market, currency traders, also known as bureau de change (BDC) operators, quoted the naira at N1,100 to the greenback. The traders put the buying price of the dollar at N1,070 and the selling price at N1,100 — leaving a profit margin of N30. The figure represents an appreciation of N50 or 4.34 percent from the N1,150/$ it traded on April 12. At the FMDQ Exchange, a platform that…

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Rumble in Kano APC as party sack ward exco over Ganduje’s suspension

The All Progressives Congress, APC, state working committee in Kano, has suspended some Ward Party Leaders who suspended the National Chairman of the Party, Umar Abdullahi Ganduje. APC Ganduje ward in Dawakin Tofa Local Government was said to have suspended Ganduje but in a quick counter, the party’s local government officials thwarted the suspension and sacked those behind it. The APC Dawakin Tofa Local Government Chairman, Inusa Dawanau, told Newsmen that those behind the suspension of the National Chairman were caught in anti-party activities and their records of meetings with…

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Jazzist Yinka Davies to serenade as Rotary rewards Humanitarian reporters

Sensuous Jazz singer, lyricist and vocalist, Yinka Davies is to perform and serenade guests at Rotary International District 9110 Humanitarian Reporting Awards (RHRA) on Wednesday, April 17, 2024 at Keystone Hall, Rotary Centre, 8 Ladoke Akintola Street, Ikeja GRA, Lagos. According to Rotary International District 9110 Governor, Rotarian Ifeyinwa Ejezie “ the renown jazz musician, lyricist, and dancer, Yinka Davies would entertain guests, journalists and Rotarians at the Rotary District 9110 Humanitarian Awards ceremony.” Ejezie further stated that“ RHRA Awards is aimed at recognising and honoring journalists for their support…

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How parents, doctor’s negligence caused Sylvester Oromoni’s death -Coroner

The Coroner Inquest sitting in Ogba Magistrate Court examining the death of a 12-year-old student of Dowen College, Lekki, Sylvester Junior Oromoni, has attributed his death to his parents’ and doctor’s negligence. The Coroner Magistrate, Mikhail Kadiri, held that Oromoni died as a result of failed treatment for his enlarged liver. Oromoni died on November 30, 2021. His death was attributed to bully and an alleged poisonous substance he was forced to drink in the school. He was said to have mentioned that he was beaten up by five senior…

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WEMA Bank’s depositors, stakeholders jittery as scammers cart away N685.5m

Wema Bank Plc is swimming in troubled waters as depositors and stakeholders are jittery over the safety of their funds and the health of the lender over the high level of fraud cases the bank recorded in the year 2023 amounting to over N1.13bn. National Infinity reports that in its full-year 2023 financial statement released recently, the bank disclosed that it recorded fraud in its system to the tune of N1.136 billion. This has become worrisome to financial analysts and further shows that the bank’s security system may be either…

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Humanitarian Ministry Probe: EFCC recovers another $445,000, N3bn

The Economic and Financial Crimes Commission, EFCC said on Sunday it has freshly recovered $445,000 and N3bn in the ongoing probe of the scandal in the Ministry of Humanitarian Affairs. The EFCC spokesman, Dele Oyewale, disclosed that the $445,000 and N3bn were recovered between March and April in addition to N30bn earlier recovered before March, which the EFCC Chairman, Olu Olukoyede, referenced in an interview. Oyewale said, “The interview with the commission’s chairman, which was recently released, was done mid-March, and as at that time, the N30bn was what had been…

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Sharp Practices at Betta Edu’s Ministry: We are probing Bank CEOs, officials -EFCC

The Economic and Financial Crimes Commission said it has quizzed the Managing Directors of some banks and suspended some officials in the ongoing probe into alleged financial misappropriation in the Ministry of Humanitarian Affairs, Disaster Management and Social Development. The EFCC said the investigation has revealed that the banks’ MDs and officials were involved in several sharp practices. The position of the EFCC followed reactions that have greeted the probe of the Ministry of Humanitarian Affairs, Disaster Management and Social Development. As a precursor to the commencement of investigation, the Minister…

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Foreign airlines conspiring against us, Air Peace boss, Onyeama alleges

Allen Onyema, chairman of Nigerian indigenous carrier Air Peace, has voiced concern over alleged conspiracy among foreign carriers operating the Nigeria-UK route. He claimed that these carriers are deliberately undercutting airfares on the route as part of a scheme to push Air Peace out of international operations. During an appearance on Channels Television’s Politics Today program, Onyema asserted the existence of an “unspoken alliance” among foreign airlines. He alleged that these airlines are employing lower pricing strategies with the aim of forcing Air Peace off the Nigeria-London route. “If they…

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Mummy of Lagos, Bobrisky jailed 6-months for Naira mutilation

Idris Olarewaju Okuneye, self-styled ‘mummy of Lagos’ and also known as Bobrisky has been sentenced to six months in jail with no option of a fine by Justice Abimbola Awogboro of the Federal High Court in Lagos. The judgement was handed down on Friday, April 12. The controversial cross-dresser pleaded guilty to the charge of naira abuse. Justice Awogboro, in her sentence, said the judgment will serve as a deterrent to others who are fond of abusing and mutilating the naira. The Economic and Financial Crimes Commission (EFCC), on Thursday,…

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I am a man, Bobrisky affirms sex status in court

Controversial crossdresser and internet celebrity, Idris Okuneye aka Bobrisky has confirmed his gender during his trial on charges of naira abuse in court on Friday. Recall the crossdresser was handed a six-month jail sentence by Abimbola Awogboro, a judge of the federal high court in Lagos. The self-styled ‘Mummy of Lagos’ has ignited controversy over his gender status. Known for dressing as a woman, Bobrisky claims to have undergone different surgeries to change his gender. At some point, the social media influencer even said he was ready to bear a child.…

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Zenith Bank’s profit shoots up by 180% to N796bn in 2023 financial year

Zenith Bank Plc has announced its audited results for the year ended December 31, 2023, achieving a remarkable triple-digit growth of 125% in gross earnings from NGN945.6 billion reported in 2022 to NGN2.132 trillion in 2023. According to the audited financial results for the 2023 financial year presented to the Nigerian Exchange (NGX), this impressive triple-digit growth in gross earnings resulted in a Year-on-Year (YoY) increase of 180% in Profit Before Tax (PBT) from NGN284.7 billion in 2022 to NGN796 billion in 2023. Profit After Tax (PAT) also recorded triple-digit…

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Two plunge into lagoon as bus crashes on 3MB

Tragedy occurred on the newly-rehabilitated 3rd Mainland Bridge on Wednesday, when a fully-loaded 20-seater commercial bus hit the railings, sending two passengers into the Lagoon. This occurred on a day Nigeria’s Muslim faithful joined the rest of the world in celebrating the end of the holy month of Ramadan, Eid-el-Fitri. According to an eyewitness, who identified himself as Akinola Adeniyi, the tragedy occurred at about 11.30 am. He said the commercial bus en route to the Island from Iyana-Oworo suddenly hit the railings on the bridge. Adeniyi attributed the cause…

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