EFCC Arraigns Man over N70m Fraud in Lagos
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Bayo Adetu
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May 9, 2025
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NEWS
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The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, Awolowo Road, Ikoyi, Lagos, on Thursday, May 8, 2025 arraigned one Ntai Bagshaw and his company, Terraworks Limited before Justice I. O. Ijelu of the Lagos State High Court, sitting in Ikeja, Lagos for fraud. They are being prosecuted on a two-count charge, bordering on obtaining …
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Fidelity Bank grows PBT by 167.8% to N105.8 billion in Q1 2025
Fidelity Bank Plc, one of Nigeria’s leading Tier-1 financial institutions, has announced a remarkable financial performance for the first quarter of 2025, recording a Profit Before Tax (PBT) of N105.8 billion, representing an impressive growth of 167.8% compared to N39.5 billion in Q1 2024. The bank’s unaudited financial statements, released on the Nigerian Exchange (NGX) on April 30, 2025, highlight …
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YoungOG releases “EBUBE”, explains transition from Asha Gangali
Veteran singer and music executive, YoungOG, formerly known as “Asha Gangali” has revealed reasons behind his new musical brand name, as he released a new single titled Ebube. YoungOG is the brain behind Roc Da Mic Africa, a popular talent hunt platform where raw talents are identified and nurtured to stardom. The Ninja Bike crooner stated that …
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Ten Things That Stood Out At The Wema Bank 80th Celebration Themed ‘Timeless Elegance’
On May 2nd, 2025, Wema Bank, Nigeria’s oldest indigenous bank, most innovative, and pioneer of Africa’s first fully digital bank, ALAT, showed Nigeria and the entire financial sector what it truly means to celebrate legacy with purpose. The event, themed Timeless Elegance, was held at the Eko Hotel and Suites. The bank’s 80th-anniversary celebration was more than a gala; it …
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‘I sold everything to survive’ — Tito Harrison reveals cost of liver disease battle
Tito Harrison, the Nollywood actor, has recalled his severe health struggles, which pushed his faith and resilience to the limit. In a recent interview on the Talk2b podcast, Harrison recounted how his life changed dramatically when he began suffering from persistent nausea and loss of appetite. The actor said medical tests later revealed liver complications, marking the start of a …
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Why School Withheld $84,942 from Yahaya Bello’s Children’s School Fees -Witness
The trial of the former Kogi State governor, Yahaya Bello continued on Thursday, March 8, 2025 with the third Prosecution Witness, PW3, Nicholas Ojehomon, explaining under cross-examination before Justice Emeka Nwite of the Federal High Court, Abuja that the American International School, Abuja, AISA, retained part of the school fees linked to Bello’s daughters because it represented legitimate tuition fees …
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Appeal Court Upholds Gtbank Staff’s Seven Years Jail Term in Enugu
The Enugu Division of the Court of Appeal has upheld the conviction and seven years prison sentence of one Onyekachi Nwosu, a former employee of Guaranty Trust Bank for his commission of over N50million (Fifty Million Naira) loan fraud. Nwosu was prosecuted by the Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC on a nine-count charge, …
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