Author: bibncollar

Osun State Governor Ademola Adeleke has directed the state Attorney-General to withdraw a lawsuit filed against the Economic and Financial Crimes Commission (EFCC) over the freezing of the state government’s bank account. Adeleke made the disclosure in an interview with Channels Television shortly after he was declared winner of the August 15 governorship election. He said the decision followed intervention by President Bola Tinubu in the dispute. “I’m putting them behind. What else do I want? I have instructed my attorney general to drop it. Mr President has done well. He called me. What more do I want?” Adeleke stated.…

Presidential contenders Peter Obi, Rotimi Amaechi and Omoyele Sowore on Monday traded sharp words over Nigeria’s security challenges, fuel subsidy, governance failures and the nation’s political future at the 2026 Nigerian Bar Association Annual General Conference. The high-profile panel, a major highlight of the second day of the gathering, saw the three politicians offer competing diagnoses of the country’s worsening insecurity, poverty and leadership crisis ahead of the 2027 general elections. The exchange grew particularly heated when Sowore took aim at Amaechi’s record as former Rivers State governor. The African Action Congress presidential candidate accused successive governments of subsidising the…

A Federal High Court sitting in Lagos has ordered the National Drug Law Enforcement Agency (NDLEA) to produce socialite Afolabi Kazeem Micheal, popularly known as KayCee Luxury, before it over his continued detention without formal charges. The order followed an ex parte application filed by the socialite through his counsel, A. Labi-Lawal, SAN, under the Fundamental Rights (Enforcement Procedure) Rules 2009. The application was brought after the anti-narcotics agency failed to formally charge and arraign him within the 14-day period required by law. KayCee Luxury was arrested by NDLEA operatives on August 13 at the Murtala Muhammed International Airport, Lagos,…

The Nigeria Police Force National Cybercrime Centre (NPF-NCCC) has recovered more than 12.5 million email logs belonging to victims of cyber fraud, with those affected spread across over 50 countries. Director of the NPF-NCCC, Assistant Inspector-General of Police (AIG) Akaninyene Ezima, disclosed this on Wednesday during a press conference in Abuja. According to him, the massive haul came to light in the course of a business email compromise investigation. AIG Ezima revealed that the suspect involved had generated in excess of N100 million from the criminal enterprise. In a separate international investment fraud and money-laundering probe, the Centre traced more…

Former Vice President Atiku Abubakar has thrown down the gauntlet to President Bola Tinubu, daring him to produce concrete evidence of any wrongdoing in the controversial $16 billion power sector expenditure. In a statement released on Wednesday by his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku accused the Tinubu administration and its allies of dredging up old allegations to divert attention from growing public questions over the management of funds saved from the removal of petrol subsidy. Atiku, who chaired the National Council on Privatisation during his time as Vice President, insisted he never oversaw the actual implementation…

Despite a fall in global crude oil prices, petrol (Premium Motor Spirit) has risen to an average of ₦1,212 per litre from ₦1,158, a 4.7 per cent jump that has sparked fresh concern across the country. Brent crude, the international benchmark, closed at $88.42 per barrel yesterday, down from $88.60. The OPEC basket, which includes Nigeria’s Bonny Light, also dropped to $90.28 per barrel from above $94. Checks by this newspaper showed that MRS, NNPC Retail and Ardova raised pump prices to ₦1,205 from ₦1,125. Mobil moved to ₦1,215 from ₦1,209, while BOVAS adjusted to ₦1,217 from ₦1,210. A mid-day…

Universal Insurance Plc has dragged the National Insurance Commission (NAICOM) to the Federal High Court following the cancellation of its operating licence and the appointment of a Receiver/Manager by the Commission. In a statement signed by the Company’s Secretary, Mr. Chinedu Onyilimba, the insurer disclosed that the Federal High Court of Nigeria, Lagos Judicial Division, Ikoyi, in Suit No. FHC/LAG/CS/1179/2026, has granted it leave to commence proceedings against NAICOM and other respondents over the cancellation of its operating licence and the appointment of a Receiver/Manager. The court has directed the respondents not to take any further steps pending the determination…

The Economic and Financial Crimes Commission (EFCC) has vowed to challenge a Federal High Court decision that refused final forfeiture of nine properties linked to former Attorney-General of the Federation and Minister of Justice, Abubakar Malami. EFCC Chairman, Mr. Ola Olukoyede, made the disclosure on Wednesday while speaking at the 43rd Cambridge International Symposium on Economic Crime held at Jesus College, University of Cambridge, United Kingdom. The symposium, themed “Asset Recovery and the Rule of Law – Taking the Profit Out of Crime,” drew law enforcement officers, judges, prosecutors and experts from across the globe. Olukoyede revealed that the commission…

Legal practitioners, valuation experts and industry stakeholders have called for greater consistency, credible evidence and clearly defined standards in the assessment and award of damages, particularly in oil-spill and environmental litigation. The call was made during Breakout Session XI, titled “Damages & Discretion,” at the Nigerian Bar Association Annual General Conference currently holding in Port Harcourt. The session interrogated whether Nigeria’s legal remedies are keeping pace with the evolving oil and gas industry, especially as disputes over compensation, environmental responsibility, contractual accountability, regulatory enforcement and host-community rights grow more complex. Moderator of the session, Mr. Peter Imoh Ekpaidot, described the…

Operatives of the Nigerian Navy Base, Oguta, in conjunction with personnel of the Nigerian Army’s 342 Artillery Brigade, have arrested three suspected oil thieves and impounded two vehicles allegedly used for economic sabotage in Imo State. The suspects and their vehicles were intercepted last Friday along the Ejemekuru-Obudi-Agwa road while the combined security team was on routine patrol. According to reports, the operatives stopped a tipper truck with registration number BLF 217 XA and a Toyota Hiace bus with registration number EHM 36 XA Imo. Both vehicles were found transporting bags containing approximately 8,500 litres of illegally refined petroleum products…