ProbitasNews

BREAKING: Court grants Emefiele bail in sum of N20m

1 year ago1561 min

The Federal High Court in Lagos has granted bail in the sum of N20m to Godwin Emefiele, suspended governor of the Central Bank of Nigeria (CBN). Nicholas Oweibo, the presiding judge, in a ruling on Tuesday, said the charges against Emefiele are bailable. The bail was granted with one surety. Emefiele had pleaded not guilty to the two-count charge bordering on alleged illegal possession of firearms preferred against him. More to follow…

by Probitas

Lead Stories News

UK court compels convicted former governor of Nigeria to pay back £130m

1 year ago1563 min

James Ibori, the flamboyant governor of the oil-rich state in southern Nigeria from 1999 to 2007, was jailed in Britain in 2012 for money laundering and fraud as a result of a Metropolitan Police operation. A UK court ordered him and his criminal associates to repay £130 million ($167 million) that he stole while governor of Delta State. Financial investigators from the UK’s National Crime Agency (NCA) then started confiscation proceedings. The judge at a...

by Probitas

Sport

Women’s World Cup in 2023 may set new record for number of tickets sold — FIFA

1 year ago3693 min

FIFA, the governing body of football around the world, has stated that the Women’s World Cup that is currently being held in Australia and New Zealand is on track to have the highest attendance in the competition’s entire history. The total number of tickets sold has now surpassed 1.5 million in just five days, setting a new record for any event related to the FIFA women’s World Cup. According to Football Australia, there were nearly...

by Probitas

Security & Defence

Soldiers raid IPOB camps in Anambra, arrest nine

1 year ago1143 min

On Sunday, soldiers from the Nigerian Army conducted raids on camps belonging to the separatist Indigenous People of Biafra in the state of Anambra. As part of the ‘clearance operations,’ the soldiers recovered weapons and apprehended nine individuals suspected of being criminals. In a statement released on Monday, the Director of Army Public Relations, Brigadier General Onyema Nwachukwu, explained that one of those individuals who were captured during the operations was an IPOB fighter, while...

by Probitas

FCCPC vows to prosecute PoS operators over collaborative service price fixing

1 year ago1573 min

Members of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) have been threatened with legal action by the Federal Competition and Consumer Protection Commission (FCCPC) for allegedly fixing service prices collectively. The Executive Vice Chairman of FCCPC, Mr. Babatunde Irukera, responded in a statement to what appeared to be AMMBAN’s adamancy and insistence on a membership-wide implementation of price fixing. Irukera stated that the prosecution would follow the FCCP Act 2018 on...

by Probitas

Peter Obi to INEC: You Are Cloning Electoral Fraudsters as Leaders

1 year ago1334 min

A leader-cloning scandal involving the Independent National Electoral Commission (INEC) has been reported. Peter Obi, a member of the Labour Party (LP), who is running for president in 2023, made the accusation. As a result, he claimed, the electoral umpire is squandering the nation’s time and money. In their final address, dated July 23, which was submitted to the Presidential Election Petitions Court, Obi made this statement. As a result, Obi and LP issued a...

by Admin

Lead Stories News

NPA boss Bello-Koko dragged to court over alleged financial fraud, abuse of office

1 year ago16410 min

The Managing Director/CEO of the Nigerian Ports Authority (NPA), Mohammed Bello-Koko, has been dragged to the Federal High Court Kaduna over allegations of fraud and financial misconduct. Bello-Koko is also accused of gross abuse of office, misappropriation of public funds and money laundering while serving as Executive Director, Finance and Administration as well as MD/CEO of the NPA between January 2015 till date. In a suit filed by Comrade Isah the Buta, the National Coordinator...

by Probitas

Breaking: Popular Native Doctor, Akwa Okuko kidnapped in Anambra [PHOTOS]

1 year ago1321 min

Popular local physician Akwa Okuko Tiwara Aki has been abducted in Anambra State’s Oba, Idemili North local government area, by unidentified gunmen. After two of his security officers were killed on Sunday, Akwa Okuko was kidnapped from his Triple P hotel by the gunmen. According to state Police Public Relations Officer, DSP Toochukwu Ikenga, the incident occurred about 11:30 p.m. last night, and the Anambra State police command has confirmed his kidnapping. Aderemi Adeoye, the...

by Probitas

Business & Economy

Bank fraud: staff involvement in bank fraud, Rising insider connivance heightens depositors’ fears

1 year ago17114 min

If lenders and industry authorities don’t take immediate action, staff involvement in bank fraud incidents will continue to rise, delivering a terrifying message about the unguaranteed safety of depositors’ money. It is no longer a surprise that the use of electronic payment systems as a practical method of payment has increased the frequency of cyberattacks and e-fraud in Nigerian banks. However, current information suggests that a sizable portion of these illegal activities occurring in banks...

by Probitas

Lead Stories News

Tinubu hugs deadline, replaces 4 names on ministerial list

1 year ago1737 min

President Bola Tinubu has yet to comply with the constitutional requirement that he submit the names of ministry nominees to the Senate for consideration and confirmation 60 days before the deadline. Recall that on May 29, when former President Muhammadu Buhari passed the reins of power to President Tinubu, he took the oath of office. The Senate has not yet received the whole list of nominees for ministerial positions, according to multiple sources in the...

Newer Posts

Older Posts