One of Nigeria’s financial institutions, United Bank for Africa, UBA may need to explain how the sum of N150 million developed wings from the account of a Nigerian who just returned to the country after his sojourn abroad . The returnee who was devastated after discovering that over ₦150 million in his UBA (United Bank for Africa) savings account had vanished—allegedly that someone falsely claimed he was dead and accessed the funds. According to the victim, UBA officials shockingly informed him that the funds had already been claimed by another…
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Internet fraudster imprisoned, forfeits N124m, N30m Mercedes-Benz
A 23-year-old serial internet fraudster, Adebisi Emmanuel Olalekan, has been sentenced to 24 months imprisonment without the option of fine by Justice Abimbola Awogboro of the Federal High Court sitting in Ilorin. Olalekan, a native of Omu-Ekiti in Ekiti East Local Government Area of Ekiti State, was convicted on Wednesday, May 21, 2025 after he was found guilty of the two-count charge of offences bordering on cybercrime, including cheating and impersonation preferred against him by the Ilorin Zonal directorate of the Economic and Financial Crimes Commission, EFCC. In addition to…
Read MoreFG places N5m bounty on fleeing prison inmates
Federal Government has announced a cash reward of N5m for information that could lead to the recapture of the seven inmates who escaped from the Medium Custodial Centre, Ilesha, Osun State on Tuesday. Public Relations Officer of the Nigerian Correctional Service NCoS, DCC Abubakar Umar disclosed this in a statement issued Wednesday in Abuja. He said; “In order to encourage public participation, the Nigerian Correctional Service wishes to inform the general public that a reward of N5 million is being offered to anyone who provides useful information that leads to…
Read MoreMan arrested for stealing neighbour’s vehicle in Lagos
One Jackson Abraham, a male suspect in possession of a stolen vehicle, has been arrested by operatives of the Ebute Ero Police Division in Lagos State during a routine surveillance patrol. The Lagos State Police Public Relations Officer, Ben Hundeyin, on Wednesday said that the suspect was intercepted while driving a Mitsubishi Space vehicle, ash in colour, which was reported stolen from a parking area in Ogun State. He said preliminary investigations revealed that Abraham took the vehicle without the owner’s consent, noting that both the suspect and the rightful…
Read MoreBoko Haram informants among politicians, soldiers —Borno State governor
Babagana Zulum, the governor of Borno State, alleged yesterday that some politicians and members of the armed forces act as informants and collaborators for Boko Haram insurgents. The governor, who made the allegation in an interview on News Central’s Breakfast programme, also said the Nigerian Army lacks requisite equipment to fight terrorists, noting that devoid of politics, Boko Haram can be wiped out in six months. Zulum spoke on a day Senate President, Godswill Akpabio, said some of the terrorists and bandits terrorising the country are not Nigerians, even as…
Read MoreFidelity Bank CEO’s Share Acquisition Signals Strong Confidence in Tier-One Lender
In a decisive move underscoring unwavering confidence in Fidelity Bank Plc’s resilience, Managing Director and CEO, Dr. Nneka Onyeali-Ikpe has acquired an additional 18 million shares of the bank, valued at approximately ₦366 million. According to a regulatory filing posted on the Nigerian Exchange Group (NGX) Disclosures portal, this strategic investment was executed at ₦20.35 per share on May 19, 2025, the same day an online platform published an unsubstantiated report on a Supreme Court ruling in a decades-long case that the bank inherited from the defunct FSB International Bank…
Read MoreDavido hosts highlife singer Bright Chimezie in Lagos
Nigerian hip-hop artiste, David Adeleke popularly known as Davido, has finally met and hosted Bright Chimezie, the legendary highlife singer, in Lagos. The meeting comes months after Davido sampled Chimezie’s 2010 hit song ‘Because of English’ in ‘With You’, his collaborative track with Omah Lay. On Friday, Bright Chimezie showed his appreciation while dancing to the tune, saying, “I thank Davido for the sample credit of my song.” Davido, in turn, praised the veteran musician for his influence on the industry, saying he had long admired Chimezie and hoped to…
Read MoreBanky W bags Master’s degree in Policy Management from US University
Bankole Wellington, Nigerian singer and politician, popularly called Banky W, has earned a Master’s degree in Policy Management from Georgetown University in Washington, D.C., USA. He announced this in a post accompanied by photos from his graduation on Instagram on Tuesday. In his post, Banky, who welcomed a second child with his wife, Adesuwa, revealed how the past few years stretched him as he juggled full-time graduate studies, a fellowship on Capitol Hill, and parenting two young children in the United States. He wrote, “I am thankful to share that…
Read MoreDangote listed among Times top 100 world philanthropists
Aliko Dangote, the Chairman of the Aliko Dangote Foundation and President/Chief Executive of Dangote Industries Limited, has been named in the inaugural 2025 TIME100 Philanthropy list, which recognises the 100 most influential leaders shaping the future of philanthropy across the world. A statement by the Dangote Group on Tuesday said the businessman is the only Nigerian on the list. The list, published by TIME Magazine on Tuesday, features Aliko Dangote, whose Foundation spends an average of $35m a year on programmes across Africa, alongside other global figures in charitable work,…
Read MoreStray bullet kills WAEC student during chase in Ibadan
A police officer, yesterday, shot a 15-year-old secondary school student named Taiwo, while he was en-route to an examination centre in the Gbagi area of Egbeda Local Government Area of Oyo State. The tragic incident occurred when Taiwo was struck by a stray bullet in the lower part of his body. Taiwo’s father was driving him and his twin brother to the examination centre for the West African Exanination Council, WAEC, when the shooting took place. Following the incident, he rushed Taiwo to Welfare Hospital, in Alakia, before transferring him…
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