Naira Redesign: Dollar may crash to N200 – EFCC chairman

The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has said the dollar might drop to ₦200 after the redesigning of naira. Bawa stated this in an interview with Deutsche Welle (DW) Hausa service, saying President Muhammadu…

Alleged N6.9bn fraud: Court adjourns Fayose’s trial until Jan. 31

The Federal High Court in Lagos on Friday adjourned the alleged money laundering trial of former Governor of Ekiti state, Ayodele Fayose, until Jan. 31 and Feb. 1. The case was earlier scheduled for continuation of trial on Oct. 26,…

N1.4b fraud: EFCC moves Atumeyi, NNPP’s Kogi assembly candidate to Lagos

The New Nigerian Peoples Party candidate for the Kogi State House of Assembly, Ismaila Yusuf Atumeyi, who was arrested by the Economic and Financial Crimes Commission, EFCC, in Abuja for a mega bank fraud, has been moved to Lagos. The…

Court acquits former Jigawa governor Turaki of ₦8.3b fraud

A federal high court sitting in Dutse, Jigawa state, has acquitted Saminu Turaki, former governor of the state, of N8.3 billion fraud. The corruption charges were preferred against him by the Economic and Financial Crimes Commission (EFCC). Turaki and three…

Ogun speaker meets bail condition, says I’m innocent

A Lagos Federal High court has released the embattled Speaker, Ogun State House of Assembly, Olakunle Oluomo, on bail. The speaker and the Clerk of the House, Adedeji Adeyemo and Director of Finance of the House, Samson Oladayo on Friday…

*N118b, $309m fraud cases concealed under Magu – Panel (Punch)*NSCDC trains squad for schools protection (Guardian)

N118b, $309m fraud cases concealed under Magu – Panel (Punch) The presidential panel that probed former acting chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has revealed that 14 fraud cases involving N118 billion and $309 million were…

Lagos Police nab 2 suspects, Man in court over $42,500 and more

What is a city without crime? thisislagos descends into the Lagos underground to search out the baddest guys committing the craziest crimes in LasGidi. Lagos court remands factory worker for defiling teenager (Punch) A 39-year-old factory worker, ThankGod Umana, has…

Alleged N109.5b Theft: Ex-Accountant-General Idris returns to court for bail

A former Accountant-General of the Federation, Ahmed Idris, and his co-defendants have arrived at the Federal Capital Territory High Court for the hearing of their bail application. The defendants were brought to the court on Wednesday by officials of the…

Court remands forex trader over N20m fraud

Justice Oluwatoyin Taiwo of the Ikeja Special Offences Court in Lagos on Tuesday ordered that a forex trader, Solomon Idonije, charged with N20m foreign exchange fraud be remanded in the custody of the Economic and Financial Crimes Commission. The EFCC…

*Lagos bishop allegedly rapes female pastor twice, threatens victim (Punch)*Ban: Riders on rampage as enforcement team impounds Okada in Surulere, Mushin (Vanguard)

Lagos bishop allegedly rapes female pastor twice, threatens victim (Punch) The founder of a church in Lagos State, identified only as Bishop Daniels, has been accused of raping an assistant female pastor at his house in the Lekki area of…

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