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...
Former Kano Governor Kwankwaso is under EFCC investigation for allegedly mismanaging N2.5 billion in pension funds, highlighting deep-seated corruption issues in governance.
Nigeria's House of Representatives is investigating the Nigeria Investment Promotion Commission (NIPC) over apparent inconsistencies between its budgeted spending and revenue figures. Lawmakers scrutinized the agency during a hearing focused on monitoring revenue generation by government agencies. The NIPC reportedly spent N3.15 billion in the first quarter of 2024, exceeding the N2.89 billion it collected in revenue during the same period.
Nigeria experiences a 64% surge in Naira-based loan apps as citizens turn to digital solutions for quick and accessible credit, highlighting economic challenges and opportunities.
At the Victoria Falls Mining Indaba, Bravura Holdings announces the completion of Zimbabwe's first world-class lithium upgrade facility, enhancing beneficiation capabilities.