• Colors: Cyan Color

By Celestine Okafor (Editor-in-chief)

The Seventh Prosecution Witness, PW7, Chinedu Eneanya, in the trial of the former governor of the Central Bank of Nigeria, CBN, Godwin Ifeanyi Emefiele on Wednesday, April 1, 2026, told Justice Maryanne Anineh of the Federal Capital Territory High Court, Maitama, Abuja, that Emefiele violated the provisions of the CBN Act in the 2022 naira redesign exercise.

By Kemi Korede (Lagos State Correspondent, in Ikeja)

The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Tuesday, March 31, 2026, re-arraigned Nadabo Energy Boss, Abubakar Ali Peters, for an alleged N1.4 billion oil fraud before Justice Ismail Ijelu of the Lagos State High Court sitting in Ikeja.

By Chinelo Ogbodo (Enugu State Correspondent)

Justice F. O. Giwa-Ogunbanjo of the Federal High Court sitting in Independence Layout, Enugu State, has convicted and sentenced one Iziga Jude Ikechukwu (also known as Easy-money) to one year imprisonment, for abusing Naira notes during his birthday celebration.

By Celestine Okafor (Editor-in-chief)

Justice J.O Abdulmalik of the Federal High Court sitting in Abuja on Tuesday, March 31, 2026 has granted the final forfeiture of N3,444,000.,000 ( Three Billion, Four hundred and Forty Four Million Naira) and three properties linked to Salihu Nuhu Jamari while serving as the Managing Director of, Nigerian National Petroleum Corporation, NNPC’s Gas and Power Investment Company Limited, to the federal government.

By Kemi Korede (Lagos State Correspondent, in Ikeja)

Justice Ismail Ijelu of the Lagos State High Court, sitting in Ikeja, Lagos, on Monday, March 30, 2026, convicted and sentenced Olumuyiwa Teniola Idowu and his company, Tennyvans Nigeria Limited, to a total of 30 years imprisonment on a six-count charge bordering on stealing and failure to declare assets amounting to $62,500 (Sixty-Two Thousand Five Hundred United States Dollars) and €36,020 (Thirty six Thousand, Twenty Euro)

By Celestine Okafor (Editor-in-chief)

The Ilorin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, has arrested a representative of DKK Partners Limited, Kofoworola Motunrayo Kolawole, for an alleged fraud to the tune of N993,247,796.70 (Nine Hundred and Ninety-Three Million, Two Hundred and Forty-Seven Thousand, Seven Hundred and Ninety-Six Naira, Seventy Kobo).

By Celestine Okafor (Editor-in-chief)

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede has disclosed how the Commission intervened in 2024 to stop a contractor mobilized by the Ministry of Power from executing a contract with fake and substandard transmission lines.

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