Author: Staff Editor
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyede, has called on universities across the country to urgently integrate Artificial Intelligence (AI) into their ethical and financial management systems as a transformative tool to combat corruption, enhance accountability, and restore public trust. Olukoyede made the call in Kano on Tuesday, April 28, 2026, in a keynote address at the opening ceremony of the 8th Biennial Conference of the Committee of Pro-Chancellors of State Universities in Nigeria (COPSUN). Describing AI as a “necessary defence,” the EFCC boss warned that the Nigerian university system cannot afford to…
The Zonal Director of Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission (EFCC), Bawa Usman Kaltungo, on Tuesday told a Special Offences Court sitting in Ikeja, Lagos, that Arik Air Nigeria Limited had repaid 38 per cent of its foreign loan obligations to creditors before its takeover by the Asset Management Corporation of Nigeria (AMCON). Kaltungo gave the testimony while being led in evidence-in-chief by EFCC counsel, Dr Wahab Shittu, SAN, in the ongoing trial over an alleged N76 billion and $31.5 million fraud case involving former AMCON Managing Director, Ahmed Kuru, and four others. Kuru is…
A Commissioner of Police, Eloho E. Ekpoziakpo, on Tuesday, April 28, 2026, told a Federal Capital Territory (FCT) High Court sitting in Maitama, Abuja, that investigations into the alleged fraudulent withdrawal of $6.23 million from the Central Bank of Nigeria (CBN) revealed that the payment was made with the approval of former CBN Governor, Godwin Emefiele. Ekpoziakpo, who testified as Prosecution Witness 14 (PW14) before Justice Hamza Mu’azu, made the disclosure while giving evidence in the ongoing trial of Emefiele on an amended 20-count charge bordering on criminal breach of trust, forgery, abuse of office, and conspiracy to obtain by…
Reactions have continued to trail the Supreme Court’s judgment in the Nestoil dispute concerning a receiver’s attempt to challenge the company’s legal representation, a ruling that has sparked renewed debate on insolvency practice and the limits of receivership powers in Nigeria. While some commentators view the decision as a reaffirmation of settled legal principles, others have described it as a watershed moment for insolvency jurisprudence and broader adjectival law in Nigeria. In his judgment delivered on 10 April 2026, Justice Emmanuel Akomaye Agim strongly condemned the application brought to disqualify the company’s legal representatives, describing it as “clearly a scandalous…
Human rights activist Omoyele Sowore has publicly criticised former Attorney-General of the Federation, Abubakar Malami, stating that he is now experiencing the same judicial challenges he once defended while in office. The confrontation occurred on Monday at the Federal High Court, where Malami appeared amid ongoing legal proceedings. In a video that has since circulated online, Sowore addressed the former AGF directly, accusing him of dismissing earlier criticisms of Nigeria’s justice system during his tenure under former President Muhammadu Buhari. According to Sowore, Malami had previously defended the system despite warnings about its shortcomings. “You see how it feels now…
A Federal High Court sitting in Abuja on Monday granted an application for the joinder of the Accord Party (AP), Zenith Labour Party (ZLP), Action Alliance (AA), and Action Peoples Party (APP) in the deregistration suit filed by the National Forum of Former Legislators (NFFL). The ruling by the trial judge, Justice Peter Lifu, has cleared the stage for the full hearing of the suit filed by the former legislators, seeking to deregister the ADC, Accord, ZLP, APP, and AA. In his ruling, the court held that the amendment was necessary to formally bring all affected parties before it, as…
Proceedings in the ongoing trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, may face fresh delays due to uncertainty surrounding the availability of a key prosecution witness. Sources familiar with the matter indicate that the prosecution team may soon inform the Federal Capital Territory (FCT) High Court that Jim Obazee, a special investigator appointed by President Bola Tinubu, is currently unavailable to testify in the case. His testimony is linked to allegations involving a $6.23 million discrepancy connected to the CBN’s Abuja branch. The development is expected to prompt yet another request for adjournment in the already…
The Economic and Financial Crimes Commission (EFCC) has issued a stern warning to content creators and members of the public over the unauthorized use of its name, logo, uniforms, and other official symbols in online skits and digital productions. The anti-graft agency raised concerns following what it described as a growing trend of creators featuring the Commission in comedy skits and other forms of online content without obtaining proper approval. According to the EFCC, many of these portrayals misrepresent the agency’s core values and standard operating procedures. In a video shared on its official X (formerly Twitter) handle, the Commission…
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…