News

Union Bank Strengthens Media Ties at Informal Mixer Event

Written by 09 October, 2025
Lagos, Nigeria – Union Bank of Nigeria recently hosted an informal and engaging meet-and-greet session with leading media professionals at The Stallion Plaza, its headquarters in Marina, Lagos.

Alleged N110.4bn Fraud: Witness Narrates how Funds were Diverted from Kogi Government Account

Written by 09 October, 2025
The Third Prosecution Witness, PW3, Abimbola Williams in the ongoing trial of former Kogi State Governor, Yahaya Adoza Bello, on Wednesday, October 8, 2025, narrated before Justice Maryanne Anineh of the Federal Capital Territory, FCT, High Court, Maitama, Abuja how funds were diverted from the Kogi State government’s coffers through massive cash withdrawals.

Fidelity Bank Commences Disbursement of FGN MSME Intervention Funds Reaffirms Support for Women Entrepreneurs

Written by 07 October, 2025
Tier One Lender, Fidelity Bank Plc, has commenced the disbursement of the Federal Government of Nigeria’s (FGN) MSME Intervention Funds, administered by the Bank of Industry (BOI), to qualified SMES with a strategic focus on empowering women-owned businesses across the country.

US Court Convicts Ex-NNPC GM Over $2.1m Bribery Scandal

Written by 11 September, 2025
A United States federal court has convicted Paulinus Okoronkwo, a Nigerian-American and former General Manager at the Nigerian National Petroleum Corporation (NNPC), now NNPC Limited, for accepting a $2.1 million bribe.

EFCC Declares Emeka Ufomba Wanted For Alleged Money Laundering

Written by 11 September, 2025
The Economic and Financial Crimes Commission (EFCC) on Thursday declared Emeka Ufomba wanted over alleged case of Criminal Conspiracy, Diversion of Public Funds, Stealing, and Money Laundering.

Enugu Govt Gives Full Details of How Sujimoto CEO, Ogundele, Defrauded Enugu State Government of N5.7bn

Written by 10 September, 2025
The Enugu State Government has accused the CEO of Sujimoto Luxury Construction Limited, Olasijibomi Ogundele, of defrauding the state of nearly N6 billion, noting that Ogundele vanished into thin air after he was paid the said sum for the construction of 22 Smart Green Schools in different parts of the state.

EFCC Declares Sujimoto Boss, Ogundele Wanted Over Alleged Money Laundering

Written by 05 September, 2025
The Chief Executive Officer of Sujimoto Luxury Construction Limited, Olasijibomi Suji Ogundele is in big trouble. The Economic and Financial Crimes Commission (EFCC) has declared him wanted over allegations of diversion of funds and money laundering.

Dangote denies owning truck that caused the Enugu accident 

Written by 03 September, 2025
The Management of Dangote Industries Limited, (DIL), has clarified that the truck involved in the recent accident in Enugu State is not owned by the Dangote Group. Investigations have revealed that the vehicle belongs to Visco Investment Global Limited, a third-party operator.