Alleged N76bn, $31.5m Fraud: Court Adjourns Trial of Ex-AMCON MD, Kuru, Others to June 25

By Seun Ibiyemi Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Tuesday adjourned further hearing in the alleged N76 billion and $31.5 million fraud trial involving former Managing Director of Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, and others till June 25, 2026. Kuru is standing trial alongside Kamilu…

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APC reverses senate screening decision, clears Ben Murray-Bruce, four others

Reduces number of disqualified aspirants from 47 to 44 …. Makes fresh changes to Bayelsa, Nasarawa, Kebbi and Jigawa entries ….Confusion trails updated screening list as party gives no explanation By Sodiq Adelakun The All Progressives Congress (APC) on Monday made a dramatic U-turn over its senatorial screening exercise, removing former Senator Ben Murray-Bruce and…

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NNPC Probe: Court orders final forfeiture of private Jet linked to Alleged ₦20bn, $52m fraud in MEPP scandal

By Seun Ibiyemi The Economic and Financial Crimes Commission (EFCC) on Monday, May 18, 2026, secured a final forfeiture order for a Hawker private jet (125/800XP, serial number 258553, registration number 5N-AMK) over its alleged link to fraud, corruption, and money laundering tied to the Maiduguri Emergency Power Project (MEPP). Justice Emeka Nwite of the…

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DAPPMAN kicks as Dangote refinery sues FG over fuel import licences

Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) says the lawsuit filed by the Dangote Petroleum Refinery seeking to void fuel import licences issued to marketers and the Nigerian National Petroleum Company (NNPC) Limited could destabilise Nigeria’s downstream petroleum sector. On March 25, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) eased petrol…

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FG unveils digital tax ombud platforms to boost confidence

The Federal Government has unveiled digital platforms for the Office of the Tax Ombud (OTO) to strengthen transparency, accountability and fairness in Nigeria’s tax administration system. The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, unveiled the website, call centre and management portal on Monday in Abuja. He described the initiative…

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Alleged $1.3m, N746.7m fraud: Court sustains arrest warrant against ex-minister, Sadiya Farouq

By Seun Ibiyemi Justice Jude Onwuegbuzie of the Federal Capital Territory High Court, Apo, Abuja, on Monday, May 18, 2026, sustained the arrest warrant issued against former Minister of Humanitarian Affairs, Sadiya Umar Farouq, over her absence in court for arraignment in an alleged fraud case involving $1.3 million and ₦746.7 million. The former minister,…

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Nigeria expanding port capacity to dominate regional maritime trade — Oyetola

By Seun Ibiyemi Nigeria is expanding its port infrastructure and implementing key maritime reforms aimed at positioning the country as the leading trade and logistics hub in West and Central Africa, the Minister of Marine and Blue Economy, Adegboyega Oyetola, has said. Speaking on Monday while declaring open the Mid-Year Session of the Board of…

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305th MPC meeting: CPPE urges CBN to prioritise growth, warns against excessive monetary tightening

By Seun Ibiyemi The Centre for the Promotion of Private Enterprise (CPPE) has urged the Monetary Policy Committee (MPC) of the Central Bank of Nigeria to strike a careful balance between inflation control and economic growth as it prepares for its 305th meeting, warning that further monetary tightening could deepen Nigeria’s fragile recovery. In an…

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