Justice S.C. Oriji of the Federal Capital Territory (FCT) High Court, Maitama, has adjourned till December 9, 2025, the adoption of written addresses by the prosecution and defence counsel in the trial within trial of former Minister of Aviation, Hadi Abubakar Sirika. Sirika is being prosecuted alongside his daughter, Fatima …
Read More »EFCC arraigns businessman, firms for alleged N1.07bn diesel supply fraud
The Economic and Financial Crimes Commission (EFCC) has arraigned a Lagos-based businessman, Ajayi Olushola, along with his companies, Hola-Jayu Nigeria Limited and Mozann Global Merchants Limited, over an alleged N1.07 billion fraud involving the supply of Automotive Gas Oil (AGO). Mr Olushola and his firm appeared on Tuesday before the …
Read More »Euro Climbs to $1.1653 Amidst US Dollar Selling
EUR/USD rose for the fifth day, nearing its 1.1660-1.1670 in 100 days as markets experienced heavy dollar selling. Investors dumped the greenback in anticipation of a US Fed rate cut. The euro strengthened for the fourth consecutive session yesterday, the longest advance in a couple of months. The pair gains …
Read More »183m Email Passwords Leaked in Global Data Breach
The massive leak reportedly exposed over 183 million email passwords. It also contains several passwords linked to Gmail accounts. A massive data breach has reportedly put millions of email users at risk, including accounts associated with Google’s Gmail. Troy Hunt, an Australian security researcher who runs the breach-notification site Have …
Read More »Military Probes FG Agency MD, Raids Former Minister Timipre Sylva’s Home Over Alleged Coup Plot Funding
Military authorities investigating an alleged plot to overthrow President Bola Tinubu have detained a managing director of a federal government agency in the South-South region over suspected links to the financing of the plan. Security sources told TheCable that the MD allegedly transferred a “huge sum of money” …
Read More »Ned Nwoko: I Pity Men With One Wife… It’s Like Standing On One Leg
Businessman and senator representing Delta North, Ned Nwoko, has sparked social media debate with his latest remarks endorsing polygamy and describing men with only one wife as “standing on one leg.” Speaking in a recent interview, Nwoko said he had no regrets about his polygamous lifestyle, insisting that marrying …
Read More »Court adjourns Natasha’s defamation trial
The Federal Capital Territory High Court in Maitama, Abuja, has adjourned the defamation trial of Senator Natasha Akpoti-Uduaghan to December 1. Justice Chizoba Oji postponed the hearing after the prosecution failed to properly serve its response to a preliminary objection filed by the defence. Akpoti-Uduaghan, arraigned on 19 June, faces …
Read More »Erosion of Trust: How Hidden Charges, Downtime Are Bankrupting Confidence in Nigerian Banks
By BLAISE UDUNZE In a society where trust is the lifeblood of finance, Nigeria’s banking sector seems to be bleeding credibility at an alarming rate. The relationship between banks and their customers that was once defined by confidence and reliability has gradually shifted into one coloured by suspicion, frustration, and …
Read More »Lagos Worker Cries To Sanwo-Olu Over Alleged Illegal Deductions From His Salary By Two Micro Finance Banks
A Lagos State civil servant has written Governor Babajide Sanwo-Olu over what he described as a growing wave of financial fraud allegedly perpetrated by some microfinance institutions. In a letter dated October 13, 2025, the complaint narrated a shocking experience involving unauthorized withdrawals, fraudulent loans, and salary deductions linked to …
Read More »Alleged N100m Fraud: Court fixes date for arraignment of ex-employees of Brilla FM
Justice Ambrose Lewis-Allagoa of the Federal High Court, Lagos has fixed November 7, 2025 for the arraignment of three ex-employees of a broadcast outfit, Brilla FM, for allegedly defrauding the company of N100 million. This followed the failure of the defendants: Akakan Victor Mkpong Sam, Blessing Sunday Ekerete, and Anthony …
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