Steve Ogidan Loses Again, As Appeal Court Upholds N1.5b Final Forfeiture to Federal Government

The Court of Appeal, Abuja Division on Friday, June 20, 2025 upheld the January 22, 2025 ruling of the Federal High Court, Abuja Division, presided over by Justice Inyang Ekwo for the final forfeiture of N1,582,000,000 (One Billion, Five Hundred and Eighty-two Million) to the federal government, through the Economic and Financial Crimes Commission, EFCC against Steve Olusegun Ogidan.   …

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Benue Governor’s Aide Arrested for Alleged Sextortion, Cyber Bullying

Operatives of the Makurdi Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, have arrested the Special Adviser to the Executive Governor of Benue State on Documentation, Research, and Planning, Dr. Mkor Aondona for alleged sextortion and cyber bullying.   He was arrested on Friday June 20, 2025 in Makurdi following claims of some female students accusing the governor’s …

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NBM of Africa declares Stanley Kakor’s tenure over, warns against continued self-parading

The leadership of the Neo Black Movement (NBM) of Africa has publicly declared that Mr. Ese Stanley Kakor is no longer the President of the organisation, stating that his tenure has officially ended. In a formal disclaimer released on Friday, Hon. (Barr.) Isimeme Iriogbe, speaking on behalf of the Board of Trustees and the Body of Founders of NBM of …

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Group Raises Concern Over ‘Peace Meeting’ Between Zamfara, Katsina State Officials With Notorious Bandits

A civil society group, the Citizens for Equity and Justice Initiative (CEJI), has condemned the governors of Zamfara and Katsina states over a widely criticised peace meeting held with Ado Aleru, a notorious bandit leader long declared wanted by security forces. The meeting, held Saturday in Bichi community, Danmusa LGA of Katsina, was attended by traditional rulers, local government officials, …

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Crude Price Surge: Importers, Depots Hike PMS to N940, Dangote Maintains at N825/L

The volatility of crude oil prices in the international market has had a negative impact on Nigeria’s downstream oil sector, with importers and depot operators raising petrol prices to between N905 and N940 per litre. In contrast, Dangote Petroleum Refinery has maintained its ex-depot price at N825 per litre. According to data gathered, Rainoil increased its price to N920 from …

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Court Jails Man 76 Years For Internet Fraud in Lagos 

Justice Alexander Owoeye of the Federal High Court sitting in Ikoyi, Lagos, on Thursday, June 19, 2025, convicted and sentenced one Olukeye Adedayo to 76 years imprisonment.   Adedayo was arraigned sometime in 2024 on an 18-count charge bordering on transmission of child pornography, fraudulent impersonation, and sextortion to the tune of N721,500.00 (Seven Hundred and Twenty One Thousand, Five …

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Zenith Bank assures investors on exit from CBN’s regulatory forbearance by June 30th, restates commitment to continued dividend payment

Zenith Bank Plc, Nigeria’s biggest bank by Tier-1 Capital, has assured shareholders and investors of its readiness to satisfy all relevant conditions to exit the Central Bank of Nigeria’s (CBN) regulatory forbearance by June 30, 2025. The bank also expressed confidence in meeting shareholders’ dividend expectations in the 2025 financial year.   The clarification comes on the back of heightened …

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EFCC Re-arraigns Bauchi Accountant General, One other for Alleged N1.4bn Fraud

The Economic and Financial Crimes Commission, EFCC, on Tuesday, June 17, 2025, re-arraigned the Bauchi State’s Accountant General, Sirajo Muhammad Jaja before Justice O.A. Egwuatu of the Federal High Court, Maitama, Abuja.    Jaja was arraigned alongside a bureau de change operator, Aliyu Abubakar whose trading name is Jasfad Resources Enterprise. Other defendants at large are:   Abubakar Muhammed Hafiz, …

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EFCC Arraigns Oil Magnate in Port Harcourt for Alleged N750million Bank Fraud

The Port Harcourt’s Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Tuesday, June 17, 2025 arraigned Ugochukwu Joseph Nwaemere, the Executive Director of Pennhydro-Pell Oil and Gas Limited before Justice E.A Obile of the Federal High Court sitting in Port Harcourt, Rivers State, for alleged conspiracy, forgery and obtaining money under false pretence to the tune of …

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