Yusuf, the only male child of the late President Muhammadu Buhari, has indicated interest in running for the House of Representatives seat in the 2027 election. Yusuf decalred his interest in a letter to the leadership of the All Progressives Congress (APC) last week. “With all respect, I am extremely delighted to write and inform you of my intention to ...
The Economic and Financial Crimes Commission (EFCC) on Monday arraigned Andrew Odekina before an Ikeja Special Offences Court for allegedly stealing N9.9 million. Odekina was docked on a one-count charge of retaining proceeds of criminal conduct, contrary to Section 17(a) and (b) of the EFCC Act, 2004. The defendant, however, pleaded not guilty when the charge was read to him ...
Binance Holdings Limited on Tuesday sought an amicable resolution of the ongoing tax evasion charge filed against it by the Nigerian Government. The development was made known by the company’s counsel, Sunday Agaji, before Justuce Emeka Nwite of the Federal High Court in Abuja. The Federal Government’s lawyer, Moses Ideho, a Deputy Director, Legal Department, Federal Inland Revenue Service (now ...
Justice Yelim Bogoro of the Federal High Court sitting in Ikoyi, Lagos, on Monday, March 9, 2026, ordered the final forfeiture of the sum of N81,108,143.8( Eighty-one Million One Hundred and Eight Thousand One Hundred and Forty-three Naira Eight Kobo) to the Federal Government of Nigeria in favour of Sterling Bank Plc. The judge gave the order, following a motion ...
Justice A.O. Owoeye of the Federal High Court sitting in Ikoyi, Lagos, on Wednesday, March 12, 2026, ordered the interim forfeiture of a hotel, Responsible Leaders Hotel, linked to Edward Olutoke, Managing Director, Ikeja Chamber of Commerce, Industry and Agriculture. The property, located at 1, Ostra Close, Jobi Fele Way, Alausa, Ikeja, Lagos, is valued at about N1.3bn. The judge ...
The Economic and Financial Crimes Commission (EFCC) will on Wednesday, April 1, 2026, arraign the former governor of Jigawa State, Sule Lamido before Justice Peter Odo Lifu of the Federal High Court, Maitama, Abuja, for the commencement of his fresh trial for alleged N1.3 billion fraud. Lamido will be arraigned alongside his two sons, Aminu Lamido and Mustapha Lamido, as ...
A Nigerian law firm has accused Zenith Bank Plc of failing to address an alleged breach by one of its former staff members, who is said to have abused her position to facilitate the diversion of more than N188 million belonging to a long-standing customer, AMSCO Nig. Ltd. The allegation is contained in a formal letter dated January 21, 2025, ...
Reports of a mass termination of contract staff at First Bank of Nigeria have triggered widespread reactions on social media after several individuals claimed they were abruptly dismissed after years of service. Multiple posts circulating on the social media platform X allege that hundreds of non-core staff working at various branches of the bank across Nigeria were laid off last ...
The Federal Inland Revenue Service (FIRS) has sealed the operational offices of fintech company OPay in Lagos and Abuja over violations of the Nigeria Tax Act 2025. The enforcement action is said to be linked to discrepancies in the company’s remittances of Value Added Tax (VAT) and Companies Income Tax (CIT). According to reports, officials of the tax authority carried ...
After several weeks of speculation and mounting political tension, Governor Ahmadu Fintiri of Adamawa State has formally joined the All Progressives Congress (APC). Confirming the move in a statewide broadcast on Friday, the Governor revealed that his entire cabinet and a vast majority of the Peoples Democratic Party (PDP) structure in the state have transitioned with him to the ruling ...