The EFCC initially filed an 11-count charge against Fayose and his company, Spotless Investment Limited, on October 18, 2018. Former Ekiti State Governor, Ayodele Fayose, has asked the Federal High Court in Ikoyi, Lagos State, to dismiss the N2.2billion fraud charge brought against him by the Economic and Financial Crimes …

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 …

The Federal and Lagos State Governments have called on Nigerians to embrace the consumption of locally made products and invest in homegrown industries as a strategic move to strengthen the country’s Small and Medium Enterprises (SMEs) and drive economic diversification. Nigeria: Nigerian fashion This call was made on Monday during …

The effort by Lafarge Africa Plc to halt proceedings in the suit instituted against its plan to sell 83% of its shares to a foreign company in China has been rejected by the court. Justice Lewis Allagoa  of the Federal High Court in Ikoyi, Lagos, on Thursday rejected the motion …

  Fraud remains one of the most significant challenges facing the financial industry today. It spans various sectors, from banking to fintech, insurance, and capital markets, with ever-evolving tactics. This issue has been a repeated theme across most of the annual general meetings of banks attended over the last few …

  Telecommunications giant Airtel Nigeria says its newly launched solution, the Airtel Spam Alert Service, is designed to shield its subscribers from fraudulent and spam SMS The company stated that the service was developed as part of its ongoing commitment to user safety and digital security. In a statement on …

The Nigeria Police Force on Thursday re-arraigned Martins Otse, popularly known as VeryDarkMan (VDM), before a Federal High Court in Abuja. He is facing charges of allegedly cyberbullying Nollywood actresses Iyabo Ojo and Tonto Dikeh. The activist is also accused of targeting Nigerian music producer and singer Samuel Oguachuba, popularly …

Trains 300 ‘My Own Business’ (MYOWBU) Operators in Lagos Nestlé Professional has reaffirmed its commitment to accelerating youth entrepreneurship, with a workshop in Lagos to upskill over 300 operators and attendants within its My Own Business (MYOWBU) program. MYOWBU is designed to empower young people across Central and West Africa …

IFC and Stanbic IBTC Bank, a subsidiary of Standard Bank Group, have structured an $80 million local currency facility to enable off-grid customers to access affordable solar solutions through Sun King in Nigeria. IFC contributed $50 million. The facility will allow Sun King to expand its pay-as-you-go solar financing, improving …

…donates electrical materials for electricity restoration It was jubilation galore in Yewa North Local Government Area of Ogun State following the donation of multi-million Naira electrical materials by Dangote Cement, Ibese plant to end over 3 years’ total blackout and get 21 communities affected by a prolonged power outage reconnected. …