Author: Staff Editor
Zenith Bank Plc reaffirmed its commitment to advancing trade, investment and economic cooperation between Canada and Africa as the Headline Conference Sponsor of the 6th Canada-Africa Business Conference, held on Wednesday, 24 June 2026 at Eko Hotel & Suites, Victoria Island, Lagos. Organised by the Canada-Africa Chamber of Business, the conference brought together a high-level Canadian business delegation representing 31 companies, alongside senior government officials, business leaders, investors, policymakers, diplomats and development partners. The gathering set out to strengthen commercial relations between Canada and Africa and to position Nigeria as a strategic gateway for Canadian businesses seeking opportunities across the…
Justice Rahman Oshodi of the Ikeja Special Offences Court has adjourned the trial of former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, and his co-defendant, Henry Omoile, until July 9, 2026, for a ruling on the admissibility of extra-judicial statements allegedly made by Emefiele. The judge fixed the date after counsel to the first defendant, Olalekan Ojo (SAN), argued that the statements the prosecution sought to tender in evidence were not made voluntarily but were obtained through oppression and torture. Emefiele is standing trial on a 19-count charge bordering on alleged gratification, corrupt demands and abuse of…
The Special Offences Court sitting in Ikeja, Lagos, has dismissed the no-case submissions filed by Alhaji Usman Abubakar and Young Alhaji Foundation, holding that the Economic and Financial Crimes Commission (EFCC) established a prima facie case requiring the defendants to enter their defence in the alleged ₦950 million foreign exchange fraud. Justice Mojisola Dada ruled that the prosecution had adduced sufficient evidence linking the defendants to the alleged offences and that they had a case to answer. Abubakar and Young Alhaji Foundation are standing trial on a five-count charge bordering on obtaining money by false pretence and stealing the sum…
The Economic and Financial Crimes Commission (EFCC) and the Corporate Affairs Commission (CAC) have expressed concerns over the risks posed to businesses and national security by the activities of unregistered Point of Sale (POS) operators. The concerns were expressed in Abuja on Thursday, June 25, 2026, when the Chairman of the CAC Board, Senator Ibrahim Adah, paid a courtesy visit to the Executive Chairman of the EFCC, Mr. Ola Olukoyede, at the corporate headquarters of the Commission. Adah, who was accompanied by some management staff of the CAC, sought the EFCC’s support in enforcing compliance among POS operators nationwide, disclosing…
Justice Yusuf Halilu of the Federal Capital Territory (FCT) High Court, Maitama, Abuja, on Wednesday, June 24, 2026, adjourned the trial-within-trial in the alleged ₦109.5 billion fraud case involving a former Accountant-General of the Federation, Ahmed Idris, till October 13, 2026, for the adoption of final written addresses. Idris is being prosecuted by the Economic and Financial Crimes Commission (EFCC), alongside Geoffrey Olusegun Akindele, Mohammed Kudu Usman, and Gezawa Commodity Market and Exchange Limited, on a 14-count charge bordering on the alleged stealing and fraudulent diversion of public funds amounting to ₦109.5 billion. The trial-within-trial was ordered by the court…
The Georgia House of Representatives in the United States has honoured prominent Nigerian lawyer and All Progressives Congress (APC) candidate for the Osun Central Senatorial District in the January 2027 general election, Kunle Adegoke, SAN, in recognition of his contributions to the legal profession, human rights advocacy, and democratic governance. The honour was formally presented at a ceremony held in Atlanta, Georgia, on June 21, 2026, during an event organised by the Emerging Leaders Dialogues and Q&A Series. The recognition followed the adoption of Resolution 1449 by the Georgia House of Representatives on February 24, 2026, commending Adegoke, a Senior…
Justice Mohammed Umar of the Federal High Court, Abuja, fixed June 30 for ruling on a motion filed by Omoyele Sowore, the presidential candidate of the African Action Congress (AAC), seeking to vacate an order for his bail revocation. Justice Umar fixed the date after Sowore’s lawyer, Raphael Adakole, moved the motion for a stay of execution of the order, which was challenged by counsel to the Department of State Services (DSS), Akinkolu Kehinde (SAN). Earlier, when the case was called, Adakole informed the court that the matter was scheduled for the hearing of their application. He said the motion…
A prosecution witness on Tuesday, June 23, 2026, disclosed before the Federal High Court sitting in Maitama, Abuja, details of several high-value transactions that passed through the account of Alkausar Farm, one of the entities linked to the alleged ₦8.7 billion money laundering case involving former Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN. The witness, Munawwarah Salisu Anas, a Compliance Officer with Jaiz Bank Plc, testified as the fifth prosecution witness (PW5) in the ongoing trial of Malami, his wife, Hajia Bashir Asabe, and his son, Abubakar Abdulaziz Malami. The Economic and Financial Crimes Commission…
The Economic and Financial Crimes Commission (EFCC) on Monday, June 22, 2026, re-arraigned a former Chairman of the Board of Directors of the defunct Skye Bank Plc (now Polaris Bank Limited), Tunde Ayeni, before Justice Jude Onwuegbuzie of the Federal Capital Territory (FCT) High Court, Apo, Abuja, over an alleged ₦15.6 billion fraud. Ayeni was re-arraigned on an amended 18-count charge bordering on alleged criminal breach of trust, misappropriation, and diversion of funds amounting to ₦15.6 billion, following the EFCC’s filing of additional proof of evidence. At Monday’s proceedings, prosecution counsel, Abba Mohammed, SAN, informed the court that an amended…
Justice Mohammed Umar of the Federal High Court, Abuja, has ordered the remand of Omoyele Sowore, the presidential candidate of African Action Congress (AAC), in Kuje Correctional Centre. In a short ruling, Justice Umar ordered Sowore to be kept in the correctional centre pending the hearing and determination of his motion for stay of the order for revocation of his bail and bench warrant. Justice Umar also dismissed Sowore’s earlier application seeking the judge’s recusal from the case on the ground of alleged bias. The judge subsequently adjourned the matter to June 24 for hearing of the application for stay…