Author: Boyega Adeoye

Kwara court jails two Chinese for illegal mining

Justice Evelyn Anyadike of the Federal High Court sitting in Ilorin, has convicted and  sentenced  two Chinese:  Duan Ya Hong and Xiao Yi to one year imprisonment  for offences bordering on illegal mining and possession of solid minerals without requisite licences. The duo were arraigned on Monday, April 22, 2024 alongside their company, Ebuy Concept Limited on one-count […]

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Lawmakers stop banks from cybersecurity deductions

The Nigeria’s House of Representatives has asked the Central Bank of Nigeria to withdraw the circular directing all banks to commence charging a 0.5 per cent cybersecurity levy on all electronic transactions within the country, The Nation reports. The motion on the urgent need to halt and modify the implementation of the cybersecurity levy was […]

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Ekiti signs multi-billion naira agricultural MOU with Cavista Holdings

Ekiti State Government yesterday took a significant step towards agricultural transformation by signing a Memorandum of Understanding (MOU) with a leading Nigerian investment company – Cavista Holdings (owners of Agbeyewa Farms Limited) to establish a state-of-the-art cassava farm spanning 100,000  hectares within the State. The MOU which is worth billions of naira was signed by […]

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Man, 48, docked over alleged illegal sale of hemp

A 48-year old man, Obiefuna Nwagha, was on Thursday arraigned before a Badagry Chief Magistrates’ Court, Lagos, over alleged illegal sale of hemp. The defendant, whose address was not provided, is being charged with felony and unlawful possession of hemp. The defendant, however pleaded not guilty to the charge. The Prosecutor, Insp Ayodele Adeosun, told […]

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N2.7bn fraud: Sirika, daughter get N100m bail

The Economic and Financial Crimes Commission (EFCC) Thursday, arraigned and granted bail of N100 million each to a former Minister of Aviation, Hadi Sirika, his daughter, Fatima and two others. Justice Sylvanus Oriji of High Court of the Federal Capital Territory, Maitama, ordered the defendants be remanded in the Correctional Centre should they failed to […]

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Olukoyede tasks CSOs on stronger synergy with EFCC

The Executive Chairman of Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede has called on Civil Society Organisations, CSOs, across the country to  strengthen their existing relationships with the Commission in the fight against economic and financial crimes.The Chairman stated this during an interactive session with members of CSOs in Edo State at the […]

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4. 8bn fraud: Appeal Court adjourns Ibeto’s appeal

A three-man panel of the Court of Appeal, Lagos Division, has adjourned till September 16, 2024, the hearing of the appeal filed by the Chairman of Ibeto Energy Development Company, Cletus Ibeto. The case, which was initially before Justice I.O. Ijelu of the Lagos State High Court, Ikeja, had suffered several adjournments due to the […]

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Microsoft closes ADC’s Nigeria office, sacks staff

Microsoft, the American tech giant, has reportedly closed its Africa Development Centre (ADC) in Lagos, Nigeria, and laid off all its workers at the facility. The ADC was part of Microsoft’s ambitious initiative in Africa, focused on developing local solutions with global impact while creating employment opportunities and fostering technological innovation on the continent. According […]

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Former aviation minister, Sirika to be arraigned today

The Economic and Financial Crimes Commission (EFCC) is poised to arraign former Aviation Minister Hadi Abubakar Sirika for alleged corrupt practices involving about N4. 135 billion today. Sirika is to be arraigned alongside his daughter, Fatima, his son-in-law Jalal Sule Hamma and a firm – Al Buraq Global Investment Limited, according to the EFCC charges, […]

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Nigerian Army withdraws troops from Okuama community

The  Nigerian Army has reached an agreement with Delta State Governor Rt Hon Sheriff Oborevwori to withdraw military personnel from the troubled Okuama community in Ughelli, South local government area. This decision, announced in a press release by Governor Oborevwori, comes after discussions with the Chief of Army Staff, Lt. Gen. Taoreed Lagbaja.  The withdrawal […]

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