National Infinity Magazine

Release Achimugu within 24hrs, Court orders EFCC

The Federal High Court in Abuja on Wednesday ordered the Economic and Financial Crimes Commission to within 24hrs release socialite and business woman, Aisha Achimugu. Justice Inyang Ekwo in a short ruling also added that parties in the suit especially the EFCC are to report to the court to give report on compliance to the order of court on May 2, 2025. Recall that Justice Ekwo had on Monday, ordered Achimugu to submit herself to the Economic and Financial Crimes Commission in connection with an on going investigation bordering on…

GTCO Food and Drink Festival 2025: A Shared Experience of Culture, Cuisine, and Enterprise

Jide Ige

Lagos, Nigeria—29 April 2025 – The stage is set for Africa’s most anticipated celebration of food, drink, and culture as Guaranty Trust Holding Company Plc (GTCO) announces the 8th edition of the GTCO Food and Drink Festival, scheduled to hold from Friday, May 2nd to Sunday, May 4th, 2025, at GTCentre, Plot 1 Water Corporation Drive, Oniru, Victoria Island, Lagos. This year’s festival is themed “A Shared Experience”, highlighting how every meal tells a story—stories of culture, community, and tradition that unite people across generations and geographies. The 2025 edition…

I regretted pairing Atiku for Presidency in 2023 -Okowa

Jide Ige

Ifeanyi Okowa, the immediate past Delta State governor, has admitted he regrets his decision to run as the vice-presidential candidate alongside Atiku Abubakar in the 2023 presidential election. Speaking during an interview with Arise Television on Tuesday, Okowa admitted that the idea contradicted zoning and wishes of his people. The former chieftain of Peoples Democratic Party added that his state and supporters were against another northerner succeeding former president Muhammadu Buhari. He also slammed former Senate President Bukola Saraki for criticising his defection from the Peoples Democratic Party (PDP) to…

Okowa lashes Saraki for criticism over decamping to APC

Jide Ige

Ifeanyi Okowa, former governor of Delta state has slammed former Senate President Bukola Saraki for criticising his defection to the ruling All Progressives Congress (APC). Recall that Okowa, who was the PDP’s vice-presidential candidate in the 2023 general election, formally joined the APC last week alongside the incumbent Delta State governor, Sheriff Oborevwori, and prominent key political stakeholders in the state. Irked with the development last week, Saraki said it was “shocking and unbecoming” that a prominent PDP figure like Okowa would switch allegiance to the ruling party. But, in…

20th Anniversary: ParrotXtra Media Network Holds Southwest Leadership Summit

Jide Ige

Vibrant media outfit, Parrotxtra Media Network has completed all the plans to host the governors of the Southwest region of Nigeria in commemoration of its 20 years anniversary of media excellence. The event, which will berth the first of its kind ‘Southwest Leadership & Legacy Summit’, is scheduled to hold on May 5th, 2025 by 11am. The Governor of Oyo State, Engr. Seyi Makinde will play host to other state governors from the region at the newly launched ‘The Exellessor’, located beside BCOS, Basorun in Ibadan, the Oyo State. The…

EFCC arrests E-Money for money laundering

Jide Ige

Emeka Okonkwo, aka, E-Money, a popular music executive and businessman has been arrested by the Economic and Financial Crimes Commission (EFCC). E-Money, the Chief Executive Officer of Emmy Cargoes Nigeria Limited and Five Star Music, was taken into custody on Tuesday morning in Lagos over allegations of naira abuse and defacing of foreign currency. According to sources within the anti-graft commission, E-Money is being investigated for allegedly spraying both the naira and U.S. dollars at a recent social event in Lagos—an act that contravenes Nigeria’s currency laws and the Foreign…

Money Laundering: EFCC arrests wanted bizwoman, Aisha Achimugu

Jide Ige

Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested controversial Nigerian businesswoman and socialite Aisha Achimugu. Her arrest was disclosed in a statement by her legal team on Tuesday. According to the statement, Achimugu was arrested at Nnamdi Azikiwe International Airport in Abuja around 5 a.m. on Tuesday, shortly after arriving from London. Achimugu was declared wanted by the EFCC a month ago for alleged money laundering and other offences. The development is coming after a Federal High Court in Abuja mandated Aisha Achimugu to appear before the…

Ogun arraigns suspended monarch in court for land grabbing

Jide Ige

The Ogun State Government has arraigned the Olu of Obafemi, Oba Taofeek Owolabi before Justice Sunday Adeniyi of the state High Court, Abeokuta for land grabbing. Oba Owolabi, a member of the Egba Traditional Council, is currently on suspension over the same allegation. In a statement on Wednesday by the Ministry of Justice, the royal father was said to have been arraigned on Tuesday “for conspiracy to sell property without authority, sale of property without authority, unlawful use of agents, forceful takeover of land, assault of a police officer, and…

Zenith Bank pays N195.67bn dividends to shareholders, promises quantum leap in future

Jide Ige

Shareholders of Zenith Bank Plc, at the 34th Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, on Tuesday, April 29, 2025, approved the proposed final dividend payment of NGN4.00 per share, bringing the total dividend for the 2024 financial year to NGN5.00 per share, with a total value of NGN195.67 billion. The Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, thanked the shareholders for their unflinching support and commitment, which have been responsible for the bank’s stellar performance over the years. He noted that…