EFCC Arraigns Former FCMB GMD, Two Others Over Alleged N12bn Fraud, Money Laundering

EFCC Arraigns Former FCMB GMD, Two Others Over Alleged N12bn Fraud, Money Laundering Lagos, Nigeria – The Economic and Financial Crimes Commission (EFCC) on Tuesday, January 3, 2023, brought before the Federal High Court sitting in Lagos, the former Group Managing Director of First City Monument Bank Plc (FCMB), Mr. Nnamdi Okonkwo, alongside two other former executives of the bank. The trio faces a comprehensive 14-count charge bordering on conspiracy, theft, and money laundering, specifically involving an alleged sum of N12 billion. The prosecution’s case, as presented by the EFCC, posits…

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MKO Abiola’s Son Asserts Nigeria Would Have Been Better Under His Father’s Presidency

MKO Abiola’s Son Asserts Nigeria Would Have Been Better Under His Father’s Presidency Abuja, Nigeria – Decades after the annulment of the June 12, 1993 presidential election, widely considered Nigeria’s freest and fairest, one of the sons of the presumed winner, Chief Moshood Kashimawo Olawale Abiola, GCFR, has voiced a powerful and lamenting perspective on the nation’s trajectory. In a statement that resonates deeply within Nigeria’s complex political history, he asserted that had his father’s mandate been actualized, the country would undoubtedly be in a significantly better state today. The assertion,…

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Troops Arrest Boko Haram Collaborators, Detain Chinese National in Borno – DHQ

Troops Arrest Boko Haram Collaborators, Detain Chinese National in Borno – DHQ In a significant breakthrough, the Nigerian Army has announced the arrest of several suspected Boko Haram collaborators and the detention of a Chinese national in Borno State. The Defence Headquarters (DHQ) revealed this in a statement on Tuesday, highlighting the military’s continued efforts to combat terrorism in the region. According to the Director of Defence Media Operations, Major General Babagana Monguno, the arrested suspects were found to be providing logistical support to the terrorist group. The Chinese national,…

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Troops Arrest Terrorist Collaborators, Detain Chinese National in Borno – Defence Headquarters

The Defence Headquarters has confirmed the arrest of several terrorist collaborators, including logistics suppliers and a Chinese national who claimed to be a miner, during operations in Borno and Yobe States. Director of Defence Media Operations, Major General Markus Kangye, disclosed this on Friday in Abuja while briefing journalists on recent military activities across the country. He said the Chinese national was apprehended during coordinated operations in Kukawa and Ngala Local Government Areas of Borno State. According to Kangye, the suspect is currently in custody and undergoing interrogation. “The Chinese…

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Gov Mohammed Accuses Nigeria of Sliding into One-Party Rule, Tinubu Disagrees

Governor Bala Mohammed of Bauchi State has warned that Nigeria risks becoming a one-party state due to the shrinking political space. Speaking through his representative, Mohammed Atiku Isah, at the Democracy Day event organized by the Young Democrats of Nigeria in Kaduna, the governor urged immediate action to preserve democratic plurality. President Bola Tinubu, during his address to the National Assembly on Thursday, denied any attempt to push Nigeria toward a one-party system. However, Governor Mohammed rejected this claim and stressed the need to protect Nigeria’s democratic space from domination…

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FG to Enforce New Policy, Revoke Dormant Oil Licences

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced it will begin enforcing the ‘drill or drop’ policy, compelling oil producers to either commence production within a set timeframe or forfeit their licences. NUPRC Chief Executive, Gbenga Komolafe, revealed this during a recent meeting with a delegation from the Independent Petroleum Producers Group (IPPG) at the commission’s headquarters in Abuja. Komolafe emphasized that the policy is designed to revitalize the oil sector, ensure efficient asset utilization, and increase government revenue. He stated that the commission will strictly enforce this policy…

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Olu Falae Claims He Won 1999 Presidential Election not Obasanjo

Chief Olu Falae, former Secretary to the Government of the Federation and presidential candidate in 1999, has asserted that he, not Olusegun Obasanjo, won the election that marked Nigeria’s return to civilian rule. Speaking on Arise TV’s Morning Show during a special Democracy Day broadcast, Falae claimed that election officials manipulated the results to rob him of victory. He said his legal team, led by the late Chief J.O.K. Ajayi, meticulously reviewed the vote tallies and concluded that he defeated Obasanjo of the Peoples Democratic Party by over a million…

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Saraki Responds to Tinubu’s Mockery, Vows Opposition Will Reorganize

Senator Bukola Saraki, former Senate President, responded directly to President Bola Tinubu’s remarks mocking the crisis in opposition parties. During his Democracy Day speech on Thursday, President Tinubu criticized opposition groups, saying he enjoyed watching them “in disarray” and made it clear he had no intention of helping them organize. He also denied claims that his administration was trying to establish a one-party state by encouraging defections to the ruling All Progressives Congress (APC). In reaction, Saraki acknowledged that the Peoples Democratic Party (PDP) and other opposition parties were facing…

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Keyamo Launches Probe into Oshiomhole–Air Peace Dispute

Minister of Aviation and Aerospace Development, Festus Keyamo, has taken action in the dispute between Air Peace and former Edo State Governor, Adams Oshiomhole, following a confrontation at Lagos Airport last Wednesday. In a statement released on his verified X account Friday, Keyamo revealed he has personally contacted both parties and instructed aviation agencies not to draw premature conclusions. “I have directed all aviation agencies to exercise restraint and listen to all sides before making any judgments,” he stated. As tensions between Oshiomhole and Air Peace intensified publicly, Keyamo called…

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Fayemi: Nigeria Practices Civilian Rule, Not Full Democracy

Former Ekiti State Governor, Kayode Fayemi, has argued that Nigeria has yet to achieve full democracy, despite 26 years of civilian rule. He voiced this opinion during a Channels Television programme marking this year’s Democracy Day. Fayemi emphasized that although elections now feature regularly in Nigeria’s political process, the country still lacks the fundamental principles that define true democracy. “We shouldn’t mistake elections for democracy,” he stated. “In 1999, we gained the right to vote for leaders, but that’s only one part of the democratic process. What we have is…

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Akpabio: Nigerians Reclaimed Democracy Through Struggle, Not Military Benevolence

The National Assembly leadership marked 26 years of uninterrupted democratic governance by pledging to intensify efforts in delivering the benefits of democracy to Nigerians. Senate President Godswill Akpabio and House Speaker Abbas Tajudeen addressed the joint session of the Senate and House of Representatives, where President Bola Ahmed Tinubu was present. During the session, lawmakers urged the President to present the State of the Nation Address annually from the National Assembly. Speaker Abbas proposed the idea, and Akpabio formally turned it into a motion, which lawmakers unanimously approved. Akpabio noted…

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Obi: Tinubu borrowed more in two years than three presidents combined

Labour Party’s 2023 presidential candidate, Peter Obi, has accused President Bola Ahmed Tinubu of reversing Nigeria’s democratic progress and mismanaging the country’s resources since taking office two years ago. In a statement titled “Democracy in Decline: Reflecting on Two Years of Tinubu’s Governance,” Obi criticized Tinubu’s leadership, arguing that governance and policy execution under his administration have deteriorated significantly. Obi evaluated the All Progressives Congress (APC)-led government poorly across several areas—including corruption, financial prudence, economic management, security, and political accountability. He urged Tinubu to stop traveling abroad and instead visit…

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