Category: News

I never intended to disrespect Davido’s wife – Gorgeous Doll

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Gorgeous Doll, an American influencer on Thursday, addressed the resurfaced video controversy involving Nigerian superstar, David Adeleke, popularly known as Davido and his wife, Chioma Rowland, popularly known as Chef Chi. In April, she released a photo of herself and Davido on the internet, a photo in which Davido appeared to be hugging her. Subsequently, after the photo was released, a video in which Davido was seen kneeling and begging (presumingly begging her) was also leaked. The video and picture led to controversies around Davido’s relationship with his wife, Chef…

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Under-bridge apartment where tenants pay N250,000 rent uncovered in Lagos

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The Lagos State government have discovered an apartment under the Dolphin Estate Bridge, Ikoyi, where tenants pay N250,000 annual rent. According to the Commissioner for Environment and Water Resources, Tokunbo Wahab, on Wednesday, the under-bridge apartment has 86 partitioned rooms, sized “10×10 and 12×10”. Wahab shared this information via a post on X.com on Wednesday, along with videos. He added that the enforcement team of Lagos State’s Ministry of Environment and Water Resources had successfully removed all structures, including a container utilised for various illegal activities, from beneath the Dolphin…

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EFCC chairman’s account hacked by 17-year-old hacker with impressive IT skills

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Ola Olukoyede, Chairman of the Economic and Financial Crimes Commission, has narrated an incident where a 17-year-old successfully hacked into his personal computer and bank account while being interrogated at his office in Lagos. The anti-graft agency chairman made this known at the EFCC Headquarters, Jabi, Abuja, last Tuesday. Olukoyede recounted inviting the 17-year-old for questioning at his own office, only to witness the young hacker effortlessly bypass the security measures of his locked computer right before his eyes. He said, “I brought into my Lagos office a seventeen-year-old boy…

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Fidelity Bank records a 120.1% growth in PBT to N39.5bn in Q1 2024

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In line with its upward growth trajectory, leading financial institution, Fidelity Bank Plc, has posted an impressive 120.1% growth in Profit Before Tax from N17.9bn at the end of Q1 2023 to N39.5bn for Q1 2024. This was made known in the Bank’s unaudited financial statements released on the issuer portal of the Nigerian Exchange (NGX) on Tuesday, 30 April 2024. According to the statement, Gross Earnings increased by 89.9% yoy to N192.1bn from N101.1bn in Q1 2023. The increase was led by a combination of interest income (90.7% yoy)…

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Binance founder, Changpeng Zhao jailed in US

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Changpeng Zhao, the founder of Binance, has been sentenced to four months in prison becoming the world’s richest prisoner with a personal fortune estimated at $43 billion. Changpeng “CZ” Zhao was sentenced by a Seattle court on Tuesday after pleading guilty to violations of United States anti-money laundering and sanctions laws last year. A US judge handed down the four-month sentence despite prosecutors pushing for a three-year term, as the court took into account the “positive nature of Mr Zhao’s past behaviour. His prison sentence marked a stunning downfall for…

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Workers Day: NLC decries FG’s 35% pay rise, says living wage should be N615k

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Joe Ajaero, the president of the Nigeria Labour Congress (NLC), has described the 35 per cent pay rise of the federal government civil servants as mischievous, saying living wage should be N615, 000. Ajaero stated this while speaking during an interview on Channels Television on Wednesday. Recall that the federal government approved a pay rise of between 25 and 35 percent for civil servants across various consolidated salary structures on Tuesday. Ajaero said the last minimum wage of N30,000 expired on April 18. He said, “We should be in the…

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Gunmen abduct four residents in Abuja community invasion

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The Bmuko Community, in the Dutse Baupma axis of the Bwari Area Council of the Federal Capital Territory Abuja, was on Monday night invaded by gunmen who reportedly kidnapped four residents in the area. A resident of the community, Mr Isah, who spoke on Tuesday, said the gunmen arrived in the community at about 11:50 pm on Monday, at the house of one Engr Patrick, whose wife and brother were among the four abducted persons. The Area Council had in January been attacked when gunmen kidnapped 22 persons, and killed…

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FCMB manager jailed 121 years for stealing customer’s N112m

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A former manager at First City Monument Bank in Onitsha, Nwachukwu Placidus, has been handed a total of 121 years in prison for fraudulent activities. The court found him guilty of diverting N112.1m from a customer’s fixed deposit funds for personal gain. A statement by the Economic and Financial Crimes Commission on Saturday indicated that Placidus was arraigned before Justice S. N. Odili of the Anambra State High Court on Tuesday, March 27, 2018. He faced 16 charges, including forgery, stealing, obtaining by false pretence, and uttering. The case stemmed…

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85-yr-old traditional ruler arrested for attempting to kill son for rituals

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10 members of suspected criminals who specialize in exhuming body parts from cemeteries and killing human beings for rituals have been arrested by police in Lagos. Among the arrested suspects was an 85-year-old traditional ruler in Benin Republic, Yusuf Lawal Muse, the son of a pastor said to be the kingpin, Ademola Akinlosota, 33, an Ifa priest, Sunday Badonu, aka Osekure, 25, his father, Vijamiya Badonu, an idol priest and Osetura’s father, Dada Trival, 33, Bale of Akalekumo in Badagry, Hunsu Segun,35, Balogun in Ogboni fraternity, Badagry, Amodu Wahab, aka…

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Yahaya Bello: Abuja American School refunds $760,000 school fees to EFCC

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The sum of $760,000 paid as advanced school fees by a former Kogi State Governor, Yahaya Bello, for his children at the American International School, Abuja, has been received by the Economic and Financial Crimes Commission. The spokesperson for the EFCC, Dele Oyewale, confirmed the development in Abuja on Friday. “The school has refunded the entire $ 760, 000 to the EFCC’s recovery account,” he said. Earlier, the American International School of Abuja had asked the EFCC to provide “authentic banking details” for the refund of fees paid for the…

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