News

$4.5b Fraud: More Vital Documents Admitted As Exhibits By Court in Emefiele’s Document Admissibility.

Written by 10 October, 2025
Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja on October 9, 2025 admitted more documents as exhibits and overruled the arguments of defence counsels.

Fidelity Bank Set to Disburse NCGC N5bn Credit Guarantee Facility to Boost MSME Financing

Written by 09 October, 2025
Tier one Lender, Fidelity Bank Plc, has announced its readiness to begin the disbursement of funds under the National Credit Guarantee Company (NCGC) N5 billion Credit Intervention Scheme. The initiative is designed to expand access to finance for Micro, Small and Medium Enterprises (MSMEs), as well as businesses owned by women and youths across Nigeria.

Union Bank Strengthens Media Ties at Informal Mixer Event

Written by 09 October, 2025
Lagos, Nigeria – Union Bank of Nigeria recently hosted an informal and engaging meet-and-greet session with leading media professionals at The Stallion Plaza, its headquarters in Marina, Lagos.

Alleged N110.4bn Fraud: Witness Narrates how Funds were Diverted from Kogi Government Account

Written by 09 October, 2025
The Third Prosecution Witness, PW3, Abimbola Williams in the ongoing trial of former Kogi State Governor, Yahaya Adoza Bello, on Wednesday, October 8, 2025, narrated before Justice Maryanne Anineh of the Federal Capital Territory, FCT, High Court, Maitama, Abuja how funds were diverted from the Kogi State government’s coffers through massive cash withdrawals.

Fidelity Bank Commences Disbursement of FGN MSME Intervention Funds Reaffirms Support for Women Entrepreneurs

Written by 07 October, 2025
Tier One Lender, Fidelity Bank Plc, has commenced the disbursement of the Federal Government of Nigeria’s (FGN) MSME Intervention Funds, administered by the Bank of Industry (BOI), to qualified SMES with a strategic focus on empowering women-owned businesses across the country.

US Court Convicts Ex-NNPC GM Over $2.1m Bribery Scandal

Written by 11 September, 2025
A United States federal court has convicted Paulinus Okoronkwo, a Nigerian-American and former General Manager at the Nigerian National Petroleum Corporation (NNPC), now NNPC Limited, for accepting a $2.1 million bribe.

EFCC Declares Emeka Ufomba Wanted For Alleged Money Laundering

Written by 11 September, 2025
The Economic and Financial Crimes Commission (EFCC) on Thursday declared Emeka Ufomba wanted over alleged case of Criminal Conspiracy, Diversion of Public Funds, Stealing, and Money Laundering.

Enugu Govt Gives Full Details of How Sujimoto CEO, Ogundele, Defrauded Enugu State Government of N5.7bn

Written by 10 September, 2025
The Enugu State Government has accused the CEO of Sujimoto Luxury Construction Limited, Olasijibomi Ogundele, of defrauding the state of nearly N6 billion, noting that Ogundele vanished into thin air after he was paid the said sum for the construction of 22 Smart Green Schools in different parts of the state.
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