EFCC Arraigns Ecobank Staff for Allegedly Stealing Customer’s N2.4m in Lagos

The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, Okotie-Eboh, on Friday, May 16, 2025, arraigned one Solomon Stephen Ufayo, a staff of Ecobank Plc, on a one-count charge bordering on alleged cybercrime to the tune of N2,404,000(Two Million Four Hundred and Four Thousand Naira) before Justice Yellim Bogoro of the Federal High Court sitting in …

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Why Fidelity Bank Plc Is Too Big to Fail

Several media platforms have gone to town with the news of the Supreme Court ruling on a dispute between the defunct FSB International Bank and Sagecom Concepts Limited with some of them questioning the ability of Fidelity Bank (the judgement debtor) to make the payment.   As the matter is still before the court and there’s a court order prohibiting …

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Court Jails Woman Three Years for N14.5m Fraud in Lagos 

Justice O. A. Okunuga of the Lagos State High Court sitting in Ikeja, Lagos, on Thursday, May 15, 2025, convicted and sentenced one Ajanaku Oluwatomilola to three years imprisonment for N14.5m fraud.    The convict was re-arraigned by the Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, on April 14, 2024 on a six-count charge bordering …

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“Yes sir, I’m a member of your delegation:” Peter Obi tells Tinubu in Rome

President Bola Tinubu and the presidential candidate of the Labour Party in the 2023 election, Peter Obi, shared lighthearted moments in Rome on Sunday.   The two political rivals met at Pope Leo XIV’s installation mass on Sunday in Rome.   Tinubu was one of the world leaders officially invited to the event by Pope Leo XIV. The Nigerian president …

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Is engaging in Nollywood cinema releases a loser’s game? By Ope Banwo

  …Where Omotola Got It Wrong And Why 95 Percent of Nigerian Theatrical Movies Are Not Profitable   …Plus 7 Powerful Strategies To Make Your Movies Pay!   By Dr. Ope Banwo – Founder, Nollyflix360 and AiFlix360   When Omotola Jalade-Ekeinde, one of Nollywood’s most revered legends, recently shared her frustrations on the crushing charges and taxes swallowing up movie …

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Alleged $1m, £34,537 Fraud: EFCC Presents First Witness, Peter Okoye against Ex-P-Square Manager 

The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Friday, May 16, 2025, presented its first prosecution witness, PW1, Peter Obumuneme Okoye,( a.k.a Mr P) against Jude Chigozie Okoye, elder brother and former Manager of Paul and Peter Okoye, before Justice Rahman Oshodi of the State High Court sitting in Ikeja, Lagos.   Okoye is …

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Finland Govt charges Simon Ekpa with inciting terrorism

Finnish prosecutors on Friday said they had charged a man with inciting terrorism online who a media report identified as Nigerian separatist leader Simon Ekpa. Finland’s National Prosecution Authority said in a statement that it had charged “a Finnish individual in a case involving suspected public incitement to commit crimes with terrorist intent and participation in the activities of a …

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Nigerian Troops Overrun Terrorist Hideout in Sambisa Forest

A joint operation between troops of Operation Hadin Kai and the Civilian Joint Task Force (CJTF) was conducted in the Sambisa Forest on 15 May 2025, between 6am and 12pm.   The aggressive patrol and clearance operation targeted terrorist strongholds in Garin Malam Ali, Garin Glucose and Ukuba.   The troops successfully invaded the strongholds, forcing the insurgents to flee …

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VeryDarkMan re-arraigned for cyberbullying 

The Inspector General of Police, on Thursday, re-arraigned controversial social media influencer, Martins Otse, popularly called VeryDarkMan (VDM), for allegedly cyberbullying actresses Iyabo Ojo and Tonto Dikeh.   VDM was also alleged to have cyberbullied famous Nigerian producer and singer, Samuel Oguachuba, also known as Samklef, among others.   He was re-arraigned before Justice Musa Liman of the Federal High …

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