Godwin Emefiele, former Governor of the Central Bank of Nigeria, has faulted allegations of stolen funds against him in the recently released report of the Special Investigator on the CBN and Related Entities. He explained his stance in a statement on Sunday titled, ‘Re: Emefiele, others stole billions, illegally kept Nigeria’s funds in foreign banks’. Last week, the Special Investigator on the CBN and Related Entities, Jim Obaze, disclosed that the ex-CBN governor lodged £543, 482,213 in fixed deposits in UK banks alone without authorisation. Obaze’s report partly read, “The…
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Portable beats Charles Okocha in celebrity boxing fight
Habeeb Badmus, Nigerian street-pop artist popularly known as Portable, was declared winner of the celebrity boxing fight against Nollywood actor, Charles Okocha, on Wednesday after the fourth round. The fight, which was sanctioned by Heritage Boxing Entertainment, held at Landmark Beach in Victoria Island, Lagos State, started after 1am and lasted about 40 minutes. The pair had finally settled their scores with their fists after Portable alleged contractual issues, which led them to engage in an online feud over an alleged N40m rip-off. Portable claimed Okocha cheated him out of…
Read MoreOndo gov, Akeredolu, dies at 67
The Ondo State Governor, Rotimi Akeredolu, is dead. Sources said the governor died on Wednesday at 67. A chieftain of the ruling All Progressives Congress in the state said arrangements were being concluded to swear in his deputy, Lucky Aiyedatiwa. The state government has yet to speak on the matter. On December 13, 2023, Akeredolu returned to Germany for further treatment. The governor’s spokesperson, Richard Olatunde, in a statement, said Akeredolu would transmit a letter to the state House of Assembly handing over power to his deputy, Lucy Aiyedatiwa as…
Read MoreVeteran Nollywood actor, Dejumo Lewis, dies at 80
Dejumo Lewis, a veteran Nollywood actor, famous for his role in the beloved ‘Village Headmaster’ series, has passed away at the age of 80. The news of his demise was shared by actor Saidi Balogun on Instagram. Dejumo Lewis, known for portraying the character Kabiyesi in ‘The Village Headmaster,’ which aired from 1968 to 1988, has left an indelible mark on Nigerian film and television. Saidi Balogun’s heartfelt tribute on Instagram reads, “Good night DEJUMO LEWIS, may your soul rest in perfect peace. RIP.” Though the details surrounding Lewis’ passing…
Read MoreHouse wife arrested for killing domestic staff who prevented her from committing suicide
The Kano State Police command has arrested a housewife, identified as Hafsat Surajo, for killing their domestic staff, Nafiu Hafiz, who prevented her from attempting to commit suicide. Hafsat who made the confession when she was paraded before newsmen at the Kano Police headquarters, said the ugly incident leading to Nafiu’s death occurred when a quarrel ensued between them as he prevented her from achieving her mission. According to her, “I killed him because he prevented me from killing myself. “While he attempted to snatch the knife from my hand,…
Read MoreCBN lifts ban on cryptocurrency transactions
The Central Bank of Nigeria has asked banks to disregard its earlier ban on crypto transactions. This is according to a circular dated December 22, 2023, with reference number FPR/DIR/PUB/CIR/002/003, and signed by the apex bank’s Director, Financial Policy and Regulation Department, Haruna Mustafa. The circular is titled ‘Circular to all Banks and other Financial Institutions Guidelines on Operations of Bank Accounts for Virtual Assets Service Providers (VASPS).’ The apex bank stated that current trends globally have shown the need for crypto regulation. It said, “The CBN, in February 2021 …
Read MoreHow Emefiele fraudulently acquires Union, Keystone and Polaris Banks…Titan Trust Bank connection
Private investigator employed to look into the activities of the Central Bank of Nigeria under its immediate past governor, Godwin Emefiele, says the former banker used ill-gotten wealth to acquire banks for himself through proxies. The report says, Emefiele used proxies to acquire Union Bank of Nigeria for Titan Trust Bank Limited, as well as Keystone Bank without any evidence of payment. The special investigator, Jim Obazee, submitted the report of his investigations into the acquisition of Union Bank and Keystone Bank to President Bola Tinubu in two separate letters…
Read More70-year-old man exonerated after 48 years in prison
A 70-year-old man, Glynn Simmons, who spent 48 years in prison for a murder he did not commit, has been exonerated by an Oklahoma judge. Simmons was freed in July after a district court found that crucial evidence in his case was not turned over to his defence lawyers. On Monday, a county district attorney said there was not enough evidence to warrant a new trial. In an order on Tuesday, Judge Amy Palumbo declared Mr Simmons innocent. “This court finds by clear and convincing evidence that the offence for…
Read MoreEmefiele, others stashed billions in 593 accounts in US, UK, China – Special Investigator
Godwin Emefiele, former Central Bank governor, has been accused of operating 593 bank accounts in the United States, the United Kingdom, and China, where Nigerian funds were allegedly kept without authorization by the CBN’s Board and Investment Committee. A report by a special investigator appointed by President Bola Tinubu, Jim Obazee, disclosed how billions of naira were allegedly stolen by Emefiele and other officials from the CBN’s accounts, including a “fraudulent cash withdrawal of $6.23 million” just before the 2023 elections. “The former governor of CBN, Godwin Emefiele, invested Nigeria’s…
Read MoreSuspected human traffickers arrested with one-month-old baby in Anambra
A couple suspected of trafficking a one-month-old baby from Lagos to Onitsha, has been arrested by the Anambra State Police command. This is contained in a statement signed by the State Police Public Relations Officer, DSP Tochukwu Ikenga, and made available on Tuesday in Onitsha. Ikenga said that the interception was made at Bridgehead in Onitsha on Sunday. According to him, the couple was travelling in a luxury bus belonging to a popular transport company with the baby when a co-passenger observed that the mother could not breastfeed the baby…
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