In a landmark ruling aimed at curbing the proceeds of financial crimes, Justice Daniel Osiagor of the Federal High Court in Lagos on Friday ordered the final forfeiture of a sprawling array of assets, luxury vehicles, and cash —both in naira and dollars—linked to a massive fraud scheme involving the illegal diversion of funds from Union Bank customers.
The Economic and Financial Crimes Commission (EFCC) has filed a fresh three-count charge against popular gospel music promoter, Ezekiel Onyedikachuwu ThankGod, widely known as Eezee Tee, over the alleged theft of $443,371 belonging to gospel sensations Mercy Chinwo and Judith Kanayo, popularly known as Judikay.
Details have emerged on how Bright Echefu, CEO of Telecom Satellites Limited, TStv, allegedly defrauded Mr. Tanimu Turaki, a former Minister of Special Duties and Inter-Governmental Affairs, of N1 billion and $1.3 million under the guise of an investment scheme.
Union Bank of Nigeria is currently entangled in a legal battle after a Lagos State High Court nullified its deduction of £130,720,557.06 from the account of NICON Investment Limited over an alleged debt.
Yetunde Adeyemi, a Nollywood actress known as Yetibae, has been awarded Best Nollywood Actress in the Diaspora at the Golden Stars Award ceremony held in Lekki, Lagos. This recognition highlights her contributions to the Nigerian film industry, particularly as a creative based in North America, Canada.
The Aliko Dangote Foundation has flagged off the distribution of 10,000 bags of rice, each weighing ten kilograms, to vulnerable households, people living with disabilities and the less privileged in Bayelsa State.
Dangote Refinery has again within a week interval reduced its ex-depot the price of Premium Motor Spirit (PMS), commonly known as petrol, from N840 per litre to N820 per litre, effective immediately.
Justice T.B. Sunmonu of the Lagos State High Court sitting at Tapa has granted an interim injunction restraining prominent real estate developer Kennedy Okonkwo, his company Capital Gardens Limited, and media personality Azuka Francisca Ogujiuba from further publishing or republishing allegedly defamatory statements targeting Ikenna Jideofor and Adewale Oladapo.
Union Bank, one of the nation’s most respected financial institutions,reinforced its commitment to national progress as a proud partner of the inaugural International Civil Service Conference held on June 25 and 26, 2025 at the Eagle Square Arena, Abuja
In a historic moment for Nigeria’s aviation sector and regional air connectivity, the Honourable Minister of Aviation and Aerospace Development, Festus Keyamo SAN, CON, FCIArb (UK), today inaugurated the maiden flight of Enugu Air, a state-owned carrier established by the Enugu State Government under the leadership of His Excellency, Dr. Peter Ndubuisi Mbah.