KEY POINTS
The court adjourned Yahaya Bello’s alleged money laundering trial to May 6–7, 2026.
A prosecution witness testified about dollar transactions and admitted gaps in earlier statements.
Discrepancies in evidence emerged, while the court allowed additional exhibits despite defence objections.
Justice Emeka Nwite of...
KEY POINTS
EFCC arrested former Skye Bank chairman Tunde Ayeni over alleged ₦36.5bn and $30m fraud.
Funds obtained from Polaris Bank were reportedly diverted from intended projects.
About 12 linked companies are under investigation, with charges expected soon.
The Economic and Financial Crimes Commission has...
The Nigerian Council of State has unanimously passed a vote of confidence in President Bola Tinubu's administration, amid national protests and growing tensions. The Council emphasized that any change in government must occur through democratic means, not insurrection.
Nigeria's manufacturing sector faces a severe crisis as over 50 firms shut down, leading to massive job losses. Industry leaders urge government intervention to prevent further economic decline.
Barbican Capital Limited files a lawsuit against First Bank of Nigeria, accusing the bank of misrepresenting its shareholding, causing financial and reputational damage.