Ecobank Drags Vigeo, Victor Osibidu To Court N8.7B Debt

    In order to ensure repayment of a huge loan granted to a Nigerian company which has remained unpaid , Ecobank Nigeria Limited has dragged a Lagos businessman, Mr. Victor Osibodu and his company Vigeo Limited before the Federal High Court, Lagos over alleged N8,701,770,328.83 debt. At the commencement of hearing today, counsel to […]

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EFCC Arraigns Ex-Bank PHB Director  For Alleged N26.6B  Fraud

        The Economic and Financial Crimes Commission (EFCC) yesterday arraigned a former director of the defunct Bank PHB, Mr. Funmi Adenmosun, at a Federal High Court in Lagos for an alleged N26.6 billion fraud. Adenmosun and his firm, Home Trust Savings And Loans Limited, were docked before Justice Daniel Osiagor sitting in […]

Alleged Money Laundering: Court Grants Mompha N200M Bail 

      Justice Mojisola Dada of the Special Offences Court, Lagos has granted an internet celebrity, Ismailia Mustapha popularly known as Mompha, bail in the sum of N200 million with two sureties in the like sum. The trial judge granted his application for bail deposed to by Ademola Adefolaju through his counsel, Gboyega Oyewole (SAN). […]

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Court Defers Judgment In N6.4B Illegal Charges Suit Against Zenith Bank Till Jan. 24

      Justice Ayokunle Faji of the Federal High Court, Lagos Division has adjourned the judgment of a N6, 441, 369, 617.73 billion, illegal charges filed against Zenith Bank Plc by an independent oil marketer, till January 24. The judgment was formerly fixed for December 13, 2021, but was stalled due to the judges’ conference. At resumed […]

Ex-Zenith Bank Staff Docked Over Alleged N16M Fraud, Issuance Of Dud Cheques

      A former Customers Service Executive with Zenith Bank Plc, Unyime Faithlyn Akinmade, was today arraigned before the Federal High Court, Lagos on charges bordering on alleged N16 million fraud, issuance of dud cheques, obtaining by false pretenses and fraudulent conversation. The former Zenith bank staff was arraigned before Justice Tijjani Ringim  by […]

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Court Adjourns Trial Of Socialite, Princess Toyin Akolade Till March 11

      Justice Peter Lifu of the Federal High Court, Lagos, today adjourned till March 11 further hearing in the $32 million fraud charge filed by the Attorney General office against a Lagos socialite, Princess Toyin AKolade and 10 others. Justice Lifu adjourned the matter after both the prosecution and defence counsel have adopted their respective written […]

NJC Approves 64 New Judges For The Country

The National Judicial Council, NJC, on Friday approved the appointment of 64 new judges across the country with Lagos State having 14 of the numbers. The Director of Information, NJC, Dr Soji Oyemade the announcement of the new judges on Friday. Those approved  for Lagos State are:  Okunuga Olubusola Adeyemi, Adeyemi Adenrera Olayinka, Oshin Olufolake […]

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EFCC Arraigns Fani-kayode Over Alleged Fake Medical Reports

The Economic and Financial Crimes Commission (EFCC) today, arraigned former Minister of  Aviation, Mr. Femi Fani-kayode, for allegedly  procuring a fake medical reports. Fani-kayode was arraigned on a 12 count-charge bordering on the alleged offences before Justice Oluwabunmi Abike-Fadipe of the Lagos State Special Offences court, Ikeja. In the charge, the anti-graft agency accused the […]

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Alleged N2.9B Fraud: Kenneth Amadi Pays A-Z , Ammasco Monies Into Eunisell’s Account — Chika Ikenga pop

      In continuation of cross examination in the trial of Mr Kenneth Amadi over alleged N2.9 billion fraud, the Managing Director of Eunisell Limited Mr Chika Ikenga has told a Federal High Court sitting in Lagos that the money paid to Mr Kenneth Amadi through his company came from A-Z and Ammasco . […]

Man Who Inserted 250 Grams Of Heroine Into Anus Bagged 3 Years Imprisonment

    A Federal High Court sitting in Lagos presided over by Justice Tijani Ringim has convicted and sentenced a drug Courier, Ezenyenchy Kingsley Ebuka to three years imprison for illegally dealing in 250 grams of Heroine. Ezenyenchy Kingsley Ebuka who inserted 250 grams of heroine in his anus while on Turkish Airline flight From […]