Senior staff members of NNPC sacked in major restructuring

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  Many senior staff members of the Nigerian National Petroleum Company (NNPC) Ltd have been sacked, as Bayo Ojulari, the new boss moves to effect major changes in the organization. Those affected include Bala Wunti, former chief of National Petroleum Investment Management Services (NAPIMS), Ibrahim Onoja, managing director of the Kaduna Refinery and Lawal Sade, the chief compliance officer and former managing director of NNPC Trading. The reorganization, which affected more than 200 persons also culminated in the appointment of Maryam Idrisu as managing director of NNPC Trading — responsible…

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Socialite E-Money arrested for naira abuse released from EFCC custody

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Emeka Okonkwo, popular Lagos socialite, widely known as E-Money, was reportedly released on Tuesday evening after hours of interrogation by operatives of the Economic and Financial Crimes Commission (EFCC). E-Money had been arrested on Monday night at his residence in the Omole area of Lagos and subsequently taken to the EFCC’s office in Abuja. According to EFCC sources, his arrest was in connection with alleged abuse of the Naira and the defacing of foreign currencies—specifically, spraying United States dollars in a manner that contravenes the Foreign Exchange Act. An EFCC…

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Nigerian man jailed in US for defrauding 400 elderly people of inheritance

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Okezie Ogbata, a 36-year-old Nigerian national, has been sentenced to 97 months jail term in the United States for his role in a $6 million transnational inheritance fraud scheme. The United States Department of Justice disclosed this in a statement released on Monday. Ogbata was found to be a member of a group of fraudsters that sent personalised letters to elderly people across the United States for several years. The scheme defrauded over 400 individuals, mostly elderly or vulnerable, resulting in losses of more than $6 million. The letters falsely…

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Court sentences Gospel singer Osinachi’s husband to death

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A Federal Capital Territory High Court sitting in Wuse Zone 2, Abuja, has sentenced Peter Nwachukwu, the husband of gospel singer Osinachi Nwachukwu, to death by hanging. In a verdict delivered on Monday, Justice Nwosu-Iheme found Nwachukwu guilty of culpable homicide over the tragic death of his wife on April 8, 2022, a case that shocked the nation and reignited urgent conversations about domestic violence in Nigeria’s religious and social circles. The judge held that the prosecution, led by the Office of the Attorney-General of the Federation (OAGF), had established…

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Fidelity Bank’s FY 2024 Performance Praised by Shareholders

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Shareholders of tier one lender, Fidelity Bank, have applauded the board and management of the bank for delivering an outstanding performance in FY 2024. Speaking at the bank’s 37th Annual General Meeting (AGM) held virtually on Tuesday, April 29, 2025, the National Chairman of The Progressive Shareholders Association, Chief Boniface Okezie, praised the bank, saying, “This is a superlative performance and we the shareholders are grateful to management and staff for giving us a bank to be proud of. It is also important to note that the bank has earned…

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C-One To Acquire Bankly Microfinance Bank … …to restore Stability and Accelerate Growth

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C-One Ventures Platform (C-One) today announced it has entered into an agreement to invest and acquire the licences, technology and select assets of the Nigerian operations of Bankly -a licensed microfinance bank and fintech leader known for bridging financial access gaps across Nigeria’s informal economy. The deal which is subject to regulatory approvals including from the Central Bank of Nigeria, reflects C‑One’s commitment to ensuring stability, protecting customers, and building a more resilient financial services platform. Upon completion, it will see Bankly’s services and talent integrated with complementary offerings from…

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King Sunny Ade is safe, sound – Manager

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Family of Juju musician Sunday Adegeye, popularly known as King Sunny Ade, KSA, has dismissed rumours making the rounds about his disappearance, saying ” he is safe and sound.” One of his children, who doubles as his manager, Dayo Adegeye, made the clarification in a statement on Tuesday. Adegeye dismissed the rumour, describing it as a “malicious” attempt to tarnish the legendary musician’s image. According to him, “We want to assure the public that King Sunny Ade is safe and sound. “There is no truth to the kidnapping rumor, and…

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Wanted socialite, Aisha Achimugu arrested at Abuja airport

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Businesswoman Aisha Achimugu has been arrested by the Economic and Financial Crimes Commission at the Nnamdi Azikiwe International Airport, Abuja. It was gathered that Achimugu was arrested around 5am shortly after her return from London. Achimugu had been declared wanted in March by the EFCC over allegations of criminal conspiracy and money laundering. On Monday, the Federal High Court in Abuja, presided over by Justice I.E. Ekwo, had ordered her to appear before the EFCC on Tuesday, and also to appear before the court on Wednesday, April 30, 2025. Her…

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Doctor, others remanded for procuring abortion for 10-year-old

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Two men, Adebowale Adegboye, and Idowu Akinseye have been remanded in prison custody on the order of an Ondo State Magistrate Court, sitting in Akure, for allegedly raping a 10-year-old girl (name withheld). While Adegboye is the father of the victim, Akinseye is her stepfather. The duo were alleged to have had carnal knowledge of the victim at different times in Akure, the state capital before they were arrested by the men of the state police command. Also, a medical doctor, Israel Ojo, who allegedly aborted the pregnancy for the…

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Access Bank staff filming colleagues in restrooms sacked

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Stephen Ifeanyichukwu Ejezie, a staff with the Access Bank, accused of secretly filming colleagues in the bank’s restrooms has been sacked. In a statement signed by the bank’s management in response to the incident, Access Bank confirmed that the incident had been escalated to the appropriate authorities and that an investigation is underway. “We uphold a zero-tolerance policy towards harassment and any form of privacy violation,” the statement read. “We are fully cooperating with the authorities and engaging with affected employees to provide all necessary support.” The bank urged the…

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