Category: News

Bank MD gets 5 year jail term for stealing N32m from own bank

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Justice Benjamin Lawan Manji of the Adamawa State High Court, has convicted and sentenced the Managing Director of Bonghe Micro Finance Bank, Grace Andreas Karka, to five years imprisonment for illegal transfer of money from her bank. According to the Economic and Financial Crime Commission’s statement obtained on Thursday, Karka was prosecuted on two-count charges bordering on criminal conspiracy and cheating to the tune of N32,000,000( Thirty Two Million Naira) by the Gombe Zonal Directorate of the EFCC. The charge reads, “that you Grace Andreas Karka and prince Moses Batalu…

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ntel CEO Optimistic About Nigeria’s Market Rebound, Targets Innovation Gaps

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  Mr. Soji Maurice-Diya, Chief Executive Officer of NatCom Development & Investment Limited (trading as ntel), says the company remains bullish about its market comeback in Q1 2026, unveiling a renewed strategy to fill what he describes as “innovation gaps” in Nigeria’s telecoms ecosystem. Speaking during the Technology Times Thought Leadership Series, a quarterly platform powered by Digital Transformation Media Limited (DTML), publishers of Technology Times and eGovernance Nigeria Magazine, the ntel CEO shared his company’s renewed vision to re-enter Nigeria’s highly competitive telecoms market through an infrastructure-light model anchored on innovation,…

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How 13 year-old female student was raped at Rivers football academy

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The Rivers State Police Public Relations Officer, SP Grace Iringe-Koko, confirmed that the Elekahia Police Division is investigating an alleged sexual assault case handed over by the Rivers State Ministry of Sports. In the report, a 13-year-old female student was sexually assaulted at the Real Madrid Football Academy in Elekahia, Port Harcourt. The suspect, a 17-year-old classmate of the victim, was handed over to the police by the Commissioner of Sports, Christopher Green. The handover followed a meeting convened by the commissioner, which included the alleged victim, the suspect, their…

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Update: NDLEA Moves to Seize Pretty Mike’s Nightclub Over Lagos Drug Party

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The National Drug Law Enforcement Agency (NDLEA) has filed a forfeiture case against Proxy Night Club in Victoria Island, Lagos, owned by socialite Mike Nwogu, popularly known as Pretty Mike, following a weekend raid on an alleged drug party. NDLEA operatives stormed the club between 11 p.m. on Saturday and 3 a.m. on Sunday, arresting over 100 guests, including Pretty Mike and the club’s manager, after undercover agents infiltrated the premises and confirmed the sale and use of illicit substances. About 385 kilograms of Canadian Loud and other drugs were…

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Tinubu Reviews Clemency List, Drops High-Risk Offenders as Maryam Sanda’s Death Sentence Reduced to 12 Years

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President Bola Tinubu has signed the formal instruments to exercise his constitutional prerogative of mercy, granting clemency to selected inmates after a comprehensive review of the earlier list of beneficiaries. The review, carried out in consultation with the Council of State and in response to widespread public criticism, saw the removal of individuals convicted of serious crimes, including kidnapping, human trafficking, drug offences, fraud, and illegal possession of firearms. A statement from the Presidency said the decision was guided by the gravity of offences, national security concerns, the rights of…

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Government Rescues Widow from Being Forced to Drink Water Used to Bathe Husband’s Corpse in Imo

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A widow, Mrs. Chika Ndubuisi, has been rescued from her husband’s kinsmen in Awo-Omamma, Oru East Local Government Area of Imo State, after they allegedly attempted to force her to drink the water used in bathing her late husband’s corpse. The barbaric act was reportedly meant to prove her innocence over her husband’s death. The attempt was foiled following the swift intervention of the Imo State Commissioner for Women Affairs and Social Welfare, Lady Nkechinyere Ugwu, alongside the local council authorities and security operatives. According to reports, a women’s advocacy…

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Banks Take Over Nestoil in $1bn Debt Receivership

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Police have sealed off the corporate headquarters of Nestoil Limited in Victoria Island, Lagos, after a consortium of lenders placed the oil and gas company under receivership over a reported $1 billion debt. A Federal High Court sitting in Lagos, presided over by Justice D. I. Dipeolu, issued a Mareva injunction on October 22, 2025, authorising First Trustees and its subsidiary, FBNQuest Merchant Bank, to take over the company’s assets pending the determination of the substantive suit. The order was granted against Nestoil Limited, its affiliate Neconde Energy Limited, and…

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US Revokes Soyinka’s Visa, Nobel Laureate Blames ‘Idi Amin in Whiteface’

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Nobel laureate, Professor Wole Soyinka, has revealed that the United States government has revoked his non-immigrant visa, effectively barring him from entering the country. Speaking during a media parley themed “Unending Saga: Idi Amin in Whiteface!” at Kongi’s Harvest Gallery, Freedom Park, Lagos Island, the literary icon said the move appeared to be politically motivated, linking it to his long-standing criticism of former US President Donald Trump, whom he described as “Idi Amin in whiteface.” “I have no visa; I am banned, obviously, from the United States. And if you…

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Davido Makes History, Sells Out 30,000-Capacity Akpabio Stadium in Uyo

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Nigerian Afrobeats superstar, David Adeleke, popularly known as Davido, has achieved another career milestone by becoming the first artiste to sell out the 30,000-capacity Godswill Akpabio International Stadium in Uyo, Akwa Ibom State. The record-breaking concert, held on Sunday, marked the Nigerian leg of his ongoing “5ive Tour” and drew an ecstatic crowd of fans from within and outside the state. It also served as Davido’s first major home performance since the successful completion of the tour’s North American phase. Speaking at a pre-concert reception hosted by Governor Umo Eno…

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Fidelity Bank Commends Air Peace for Successful Inaugural Heathrow Flight

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Leading financial institution, Fidelity Bank Plc, has commended Air Peace for its historic inaugural direct flight from Abuja to London Heathrow, describing the milestone as a bold testament to Nigerian excellence in global aviation. The Managing Director and Chief Executive Officer of Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe,OON in a statement issued following the launch, praised Air Peace for its resilience and vision. The MD noted that the airline’s expansion into the prestigious Heathrow route reflects the strength of indigenous enterprise and the growing confidence in Nigeria’s aviation sector. “We…

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