Ex-AGF, others given 14 days to show assets were lawfully acquired as court grants N1.5bn bail The Federal High Court in Abuja on Wednesday ordered the interim forfeiture of 57 properties allegedly linked to former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), and members of his family. The properties, valued …
Justice Emeka Nwite of the Federal High Court, Abuja, on Wednesday granted bail to former Attorney General of the Federation and Minister of Justice Abubakar Malami (SAN) in the sum of N500 million in the money laundering case filed against him by the Federal Government. The judge directed Malami to produce two sureties who must …
CIG Motors Co. Ltd has fired Mr. Jubril Arogundade after completing an internal governance review. Arogundade had been suspended while the company investigated executive management practices. The review focused on responsibilities at the leadership level and is now concluded. PR Director Ifeanyi Abraham said the company has referred the findings to the Economic and Financial …
One year after the Nigeria National Petroleum Company (NNPC) Limited declared the resumption of the Port Harcourt and Warri refineries, both facilities are currently shut down, fuelling intense public backlash and scrutiny. Despite multi-billion-dollar investments and celebratory commissioning ceremonies held in late 2024, the state-owned refineries have largely failed to sustain operations. Pinnacle Daily recalls …
When embarking on international travel, the goal of ensuring that one does not lose money often leads to two distinct challenges: avoiding legal penalties (seizures and fines) and minimising financial loss (bad exchange rates and fees). Various countries, including Nigeria, have rules on possession of cash, especially hard currencies such as dollars, Euros, and pounds …
Former Anambra State Governor and Senator, Chris Ngige, on Thursday attended the All Progressives Congress (APC) caucus meeting at the Presidential Villa, Abuja, hours after securing his release from Kuje Correctional Centre. Ngige, a former Minister of Labour and Employment, had been remanded in Kuje prison over corruption allegations filed against him by the Economic …
The Federal Capital Territory High Court in Gwarinpa, Abuja, on Thursday ordered that former Minister of Labour and Employment Chris Ngige continue to enjoy the administrative bail previously granted to him by the Economic and Financial Crimes Commission (EFCC). The ruling was delivered by Justice Maryam Hassan following a bail application filed on behalf of …
The Federal Capital Territory (FCT) High Court has dismissed the bail application of former Attorney-General of the Federation and Minister of Justice Abubakar Malami, who had sought release from the custody of the Economic and Financial Crimes Commission (EFCC). In his ruling on Thursday, Justice Babangida Hassan stated that Malami’s detention is lawful and supported …
Former Attorney-General of the Federation and Minister of Justice Abubakar Malami, SAN has described his continued detention by the EFCC chairman, Ola Olukoyede, as based on Personal grudge. Malami, through his media aide, Muhammed Bello Doka, said that the commission chief lacks moral and constitutional rights to detain or investigate him. He said due to …
ActionAid Nigeria has called on President Bola Ahmed Tinubu to intervene urgently and order a public investigation into allegations of financial misconduct against Mr Farouk Ahmed, Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The allegations surfaced following media reports and whistleblower revelations by business mogul Alhaji Aliko Dangote. It is …
