Author: Staff Editor
A Federal High Court sitting in Ikoyi, Lagos, has restrained the directors of Retail Supermarkets (ShopRite) from selling the company’s shares or assets pending the satisfaction of a judgment debt. The court also directed the directors to disclose all movable and immovable assets to the judgment creditor. The order was made by Justice Ambrose Lewis-Allagoa following an ex parte application filed on November 21, 2025, in furtherance of a consent judgment entered on July 22, 2025. The application was moved by counsel to the judgment creditor, Tobenna Nnamani, FCIArb, who urged the court to issue garnishee orders nisi attaching all…
The trial of former Kogi State Governor, Yahaya Adoza Bello, continued on Friday, April 24, 2026, before Justice Emeka Nwite of the Federal High Court, Maitama, Abuja, with the court dismissing an objection by the defence counsel and allowing the prosecution to proceed with its case. Bello is being prosecuted by the Economic and Financial Crimes Commission (EFCC) on a 19-count charge bordering on alleged money laundering to the tune of ₦80,246,470,088.88. At the resumed hearing on Friday, Justice Nwite delivered a ruling on an objection raised by defence counsel, J.B. Daudu, SAN, at the previous sitting. The judge held…
The Economic and Financial Crimes Commission (EFCC) has arrested Tunde Ayeni, a businessman and former chairman of the defunct Skye Bank Plc, over alleged financial misconduct involving ₦36.5 billion and $30 million. According to a report by newsmen, Ayeni was arrested in Abuja on Thursday and is currently in EFCC custody as investigations continue. Sources familiar with the matter disclosed that the anti-graft agency is probing the alleged diversion and misappropriation of funds reportedly obtained from Polaris Bank Plc through companies linked to him. The funds are suspected to have been siphoned through a network of corporate entities allegedly connected…
Justice James Omotosho of the Federal High Court, Maitama, Abuja, on Thursday, April 23, 2026, fixed June 9, 2026, for judgment in the trial of former Minister of Power, Saleh Mamman, over alleged fraud. Mamman is being prosecuted by the Economic and Financial Crimes Commission (EFCC) on a 12-count charge bordering on conspiracy to commit money laundering to the tune of ₦33,804,830,503.73 (Thirty-three billion, eight hundred and four million, eight hundred and thirty thousand, five hundred and three naira, seventy-three kobo). At the proceedings, Mamman’s counsel, Femi Atteh, SAN, stated that he filed his final written address on behalf of…
The trial of former Kogi State Governor, Yahaya Adoza Bello, continued on Thursday, April 23, 2026, before Justice Emeka Nwite of the Federal High Court, Maitama, Abuja, with a prosecution witness narrating how huge cash lodgments were converted to dollars and handed over to a key associate. The Economic and Financial Crimes Commission (EFCC) is prosecuting Bello over alleged money laundering amounting to ₦80,246,470,088.88. Testifying, the witness, Jamilu Abdullahi, a Bureau de Change operator and Prosecution Witness 12 (PW12), while being led in evidence by prosecuting counsel, Kemi Pinheiro, SAN, told the court that several cash deposits were made on…
The Federal Government has arraigned former Governor of Kaduna State, Nasir El-Rufai, before a Federal High Court sitting in Abuja for allegedly unlawfully interfering with the communication of the National Security Adviser (NSA), Malam Nuhu Ribadu. The former governor was docked on Thursday by the Department of State Services (DSS) on behalf of the Federal Government on a five-count amended charge marked FHC/ABJ/CR/99/2026 before Justice Joyce Abdulmalik. El-Rufai, however, denied all the allegations levelled against him when the charges were read in court. When the case was called, counsel to the DSS, Oluwole Aladedoye, SAN, informed the court that the…
The Minister of Power, Adebayo Adelabu, has resigned as the Minister of Power to focus on his ambition to contest the governorship of Oyo State. His resignation, contained in a letter dated April 22, 2026 and addressed to President Bola Tinubu, takes effect from April 30, 2026. The letter was submitted through the Office of the Secretary to the Government of the Federation and framed as a formal exit to allow for a smooth transition in office. In the correspondence, Adelabu said he was stepping down with what he described as “a deep sense of honour and profound gratitude,” adding…
The President of Women Community in Africa (WCA), Dr. Khadijah Abdullahi Iya, has commended the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, for his focused and impactful efforts in tackling economic and financial crimes and other acts of corruption. She gave the commendation in Abuja on Wednesday, April 22, 2026, during a courtesy visit to the EFCC Chairman at the Commission’s Corporate Headquarters. Iya, who visited with her team, acknowledged the enormous efforts involved in the fight against corruption and stated: “We are seeing the positive results of your work and are ready to…
The third prosecution witness (PW3), Salihu Kadiri, in the trial of former National Security Adviser (NSA), Colonel Sambo Dasuki (retd), alongside Aminu Baba Kusa, Acacia Holdings Limited, and Reliance Referral Hospital Limited, on Wednesday, April 22, 2026, stated during a trial-within-trial before Justice Charles Agbaza of the Federal Capital Territory (FCT) High Court that the defendants made their extrajudicial statements voluntarily and under caution. Dasuki and the three others are being prosecuted by the Economic and Financial Crimes Commission (EFCC) on a 32-count charge bordering on breach of trust and dishonesty to the tune of ₦33,200,000,000 (Thirty-Three Billion, Two Hundred…
The Federal Government, on Wednesday, arraigned six alleged masterminds of a plot to overthrow the administration of President Bola Tinubu through a coup d’état. The defendants were docked before Justice Joyce Abdulmalik of the Federal High Court, Abuja. Following their pleas of not guilty to the 13-count charge, the court ordered that they be remanded in the custody of the Department of State Services (DSS). The remand order followed an application by the Attorney-General of the Federation and Minister of Justice, Prince Lateef Fagbemi, SAN, who appeared in court to personally handle the case. The court also ordered an accelerated…