NPA Dragged To Court Over Breach Of Calabar Towage Contract

In bid to forestall the termination of its Towage contract, a limited liability company Global Spectrum Energy Services Limited has dragged Nigeria Port Authority (NPA)before a Federal high court in Lagos. The company urged the court to restrain NPA and its agents from creating third party rights or carrying out any act capable of undermining […]

How Belgore, Others Shared Diezani’s N450M Election Bribe Mone——EFCC Witness

  The Economic and Financial Commission (EFCC) Usman Zakari, today narrated before a Federal High Court, Lagos, how some individuals and public officials benefited from an alleged bribe of $115 million doled out by a former Minister of Petroleum Resources, Mrs. Diezani Allison-Madueke, to compromise the 2015 general election. Zakari, an investigator with the EFCC […]

Money Laundering: Fani Kayode, Others Paid Me N30M In Cash -Witness

…Court Okays Ex-Finance Minister’s Foreign Medical Trip The trial of Mr. Femi Fani-kayode, former Spokesman to President Goodluck Jonathan’s Campaign Organisation, and former Minister for Finance, Mrs. Nenadi Esther Usman and one Danjuma Yussuf, over alleged N4.6 billion fraud commenced at the Federal High Court, Lagos Thursday, with the calling of the first prosecution witness […]

Metal Africa Steel Products Dragged To Court Over N16.5B

In a bid to recover a debt of N16.5 billion, a consortium of four banks, through their Trustee,United Capital Trustees Limited, and Receiver/Manager Gbenga Akinde -Peters have dragged a limited liability Company ,Metal Africa Steel Products Limited. before a Federal High Court in Lagos. In an affidavit sworn to by a litigation officer, Mr Segun […]

How Madueke Used 3 Oil Coys, 2 Individuals To Launder $115M—Witness

  As the trial of former People’s Democratic Party (PDP), governorship candidate in Kwara State, during the 2015 general election ,Mr. Mohammed Dele Belgore and former Minister for National Planning, Dr. Abubakar Sulaiman continued, an  operative of the Economic and Financial Crimes Commission (EFCC),  Mr Usman Zakari today, narrated before a Federal High Court, Lagos, […]

Alleged Armed Robbery : Court Remands Lagos Property Developer

  An Igbosere Chief Magistrate Court, Lagos on Tuesday, ordered the remand of a property developer, Felix Ezeamama, in Prisons Custody over alleged armed robbery, attempted murder and willful damages. The court presided over by Chief Magistrate Abimbola Komolafe (Mrs) gave the remand order of the suspect, following a remand application brought and argued before […]

Discriminatory Forex Intervention Policy: Oil Marketer Drags FG To Court

  In a bid to forestall the continued implementation of alleged discriminatory Forex investment policy to the advantage of some importers of petroleum products, an Independent Oil Marketer in the downstream sector of the economy, Spot Market Oil(Overseas) Limited has dragged the Federal Government before a Federal High Court in Lagos. Joined as co -defendants […]

I Delivered £600,000 To Ladoja’s Daughter In London–Witness Insist

  As the trial of former Oyo State governor, Alhaji Rashidi Ladoja and his former commissioner for finance, Mr Waheed Akanbi over alleged N4.7 billion fraud continued at the Federal High Court, Lagos, prosecution witness, Mr Waheed Atanda today insisted that he delivered the sum £600,000 to Bimpe Ladoja, daughter of  former governor Ladoja while […]

Charge Ubah Or Release Him Within 48 Hours, Court Orders DSS

  Federal High Court sitting in Lagos today ordered the immediate release of the Chairman/ Chief Executive Officer of Capital Oil and Gas Limited Dr Ifeayin Uba from the custody of Directorate of State Services(DSS) within 48 hours or charge him to court. Justice Mohammed Idris made the order while ruling on a fundamental rights […]

Illegal Debt Recovery: Company Drags FCMB To court, Alleges Cooked- Up Debt

  A Lagos-based limited liability company; Bodex Telecom Nigeria Limited and its managing Director, Olabode Agboola, have Slammed N20 million suit on First City Monument Bank Plc (FCMB) and three others, over alleged threat and deploying stringent and forceful measure to recover illegal debt from them. The applicants in the suit marked FHC/L/CS/481/17, Joined as […]