A prosecution witness in the ongoing fraud trial involving former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Patrick Ziakede Akpobolokemi, on Thursday told the court that he
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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 ₦81,108,143.08 (Eighty-one million, one hundred
The naira on Friday strengthened to close at ₦1,363.5 per dollar at the official foreign exchange market. The development followed a sharp depreciation at the start of the week, according
The Economic and Financial Crimes Commission (EFCC), on Friday, March 13, 2026, handed over a total sum of $225,895 (Two Hundred and Twenty-Five Thousand, Eight Hundred and Ninety-Five United States
The Senate on Tuesday confronted the President’s economic team over the poor implementation of the 2025 budget and what it described as unrealistic assumptions underpinning the proposed ₦58.7 trillion 2026
Justice James Omotosho of the Federal High Court, Maitama, Abuja, on Wednesday, March 18, 2026, affirmed the voluntariness of the extra-judicial statements of Ali Bello and Dauda Sulaiman. The Economic
Justice O.A. Fadipe of the Lagos State High Court sitting in Ikeja, Lagos, has convicted and sentenced Adebisi Ridwan Ayodeji to 18 months’ imprisonment for defrauding Sterling Bank of the
The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC), on Tuesday, March 31, 2026, re-arraigned the Managing Director of Nadabo Energy Limited, Abubakar Ali Peters, over
Justice Chukwujekwu Aneke of the Federal High Court, Ikoyi, Lagos, has ordered the freezing of funds and assets valued at ₦448,263,172.41 in a debt recovery action filed by Keystone Bank
Justice Dehinde Dipeolu, sitting at the Federal High Court in Ikoyi, Lagos, on Wednesday ordered the appearance of 16 alleged contemnors, including top officials of Stanbic IBTC Bank Plc, over
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