AGF Petitioned Over Alleged N125b Army Shopping Complex Fraud
A businessman, James Onyemenam, has petitioned the office of the Attorney-General of the Federation (AGF) over the police’s failure to take action on an alleged N125 billion fraud concerning a 24-year concession agreement with the Nigerian Army Shopping Complex – The Arena at the Ikeja Cantonment, Lagos. Onyemenam is the majority shareholder and Managing Director/Chief […]
JAMB And The Burden Of Education
By Ebun-Olu Adegboruwa, SAN Very recently, the iconic Registrar of the Joint Admissions and Matriculation Board, JAMB, Professor Ishaq Oloyede, appeared before the National Assembly to defend the budget of the agency. A lot of revelations came out of that session, especially from the presentation made by the Comrade Senator, Adams Oshiomole, concerning the 2024 […]
Bankole Elected Alimosho Youth Development Association President
Comrade Shakirudeen Bankole Adeshina, a seasoned journalist, development communications strategist and development advocate, has been elected as the second president of the Alimosho Youth Development Association of Nigeria (AYDAN) in Alimosho Local Government Area (LGA), Lagos. Bankole, whose election and that of his executives, was held last year, has now officially led his team to […]
Court Dismisses SERAP’s Suit Challenging NASS’ Power Over Own Budget
The Federal High Court sitting in Abuja has dismissed a suit by the Incorporated Trustees of the Socio-Economic Rights and Accountability Project (SERAP) challenging the powers of the National Assembly to amend its budget in the 2024 Appropriation Act. Nigerian Current reports that Justice James Kolawole Omotosho ruled, among others, that SERAP lacked the locus […]
Raise Tobacco Control Budget To N300m, CAPPA Urges NASS
As the National Assembly continues its review of the N49.7 trillion 2025 Appropriation Bill presented by President Bola Tinubu on December 18, 2024, Corporate Accountability and Public Participation Africa (CAPPA) has called on the Senate and House of Representatives to raise the budgetary allocation for Tobacco Control in the 2025 National Budget from the current […]
Alleged N12.3b Fraud: Otudeko, Onasanya’s Arraignment Stalled
The Federal High Court in Lagos on Monday adjourned till February 13, 2024, to arraign the Chairman of Honeywell Group, Oba Otudeko and others over an alleged N12.3 billion fraud. Justice Chukwujekwu Aneke rescheduled the proceedings following a protest by Otudeko’s lawyer, Bode Olanipekun (SAN), that the Economic and Financial Crimes Commission (EFCC) had not […]
Nigerian CSOs Demand Environmental Activist Odey Oyama’s Release
Civil Society Organisations (CSOs) in Nigeria have demanded that the police release Mr. Odey Oyama, an environmental and climate activist, from detention in Cross River State. Oyama, Director of Rainforest Resource and Development Centre (RRDC), has been in police custody since last Tuesday, January 14, 2025, when he and six others were arrested in the […]
Sterling Bank Loses N1.2bn To Five “Hackers”
The Police Special Fraud Unit (PSFU), Ikoyi, Lagos has accused three men and two women of compromising Sterling Bank Plc’s banking platform and Bance Application and stealing N1, 257, 536, 572.50 billion. Nigerian Current gathered that the defendants were said to have committed the alleged crime between November 3 and 4, 2024, in connivance with […]
GIL Automations Gets Nod To Publish Winding Up Petition Of Eroton Exploration
The Federal High Court in Lagos has okayed GIL Automations Ltd’s application to advertise its petition for the winding up of an allegedly indebted oil firm, Eroton Exploration And Production Company Limited. Justice Akintayo Aluko authorised GIL Automations – the Petitioner/Applicant – to publish the winding up petition following the creditor’s motion on notice application. […]
First Bank Asks Court To Uphold Order Freezing GHL, Other Assets
First Bank of Nigeria Limited has urged the Federal High Court in Lagos to uphold an order freezing the assets and accounts of General Hydrocarbons Limited (GHL) and its related entities, pending the outcome of a substantive suit aimed at recovering a loan of $225.8 million extended to the oil company. The bank made the […]
