Special Reports
Nigerian billionaire, Abdulrahman Bashar jailed for Fraud in Dubai
A Dubai court has sentenced the owner of Rahmaniya Group and Ultimate Oil & Gas, Abdulrahman Bashar to one year in prison for a...
Special Reports
Cool Financial Services Sues FCMB Over N150m Loan Withdrawal Despite Account Freeze Order
Cool Financial Services, a Lagos State-based finance house, has sued First City Monument Bank (FCMB) for allowing Goewe and Sons Ltd., one of its...
Special Reports
EFCC to Arraign Businessman Niyi Oyedele Over Investment Scam
The Economic and Financial Crimes Commission (EFCC) has filed a six-count charge against Lagos businessman Niyi Oyedele and his company, Gas Station Supply Services...
Special Reports
Zenith Carex Fraud: US Firm Chemonics Fined $3.1 Million Over Scandal
A United States-based firm, Chemonics International, has been ordered to pay a $3.1 million fine following its involvement in a fraudulent scheme linked to...
Special Reports
Court Orders Final Forfeiture of $835,081.46 Linked to SDQ Facilitators
The Federal High Court in Lagos has ordered the permanent forfeiture of $835,081.46 found in the dollar wallet of SDQ Facilitators Limited, held with...
Special Reports
Businessman Ogbole Drags FCMB To Court, Seeks $60,206, N25M For ‘Unpaid Commission’
A businessman, Michael Ogbole, has instituted a lawsuit against First City Monument Bank (FCMB), demanding $60,206.66 as ‘unpaid commission’ from the bank.
The suit was...
News
Muhammadu Indimi Accused of Snatching Children’s Oil Fortune in Oriental Energy for Just $10M
Billionaire Businessman Muhammadu Indimi Accused of Acquiring His Children’s Stakes in Oriental Energy for $10 Million
Prominent Nigerian billionaire and business magnate, Muhammadu Indimi, has...
News
Muiz Tijani Adeyinka, Ex-First Bank Staff’s Dirty Money Seized; N1.16bn, $392k, £35k Forfeited
A Federal High Court in Ikoyi, Lagos, has ordered the final forfeiture of over N1.1 billion, $392,818, and £35,070 recovered from Muiz Tijani Adeyinka,...