In a groundbreaking decision, the Federal High Court of Nigeria has granted Export Development Canada (EDC) the right to repossess and export a CRJ1000 aircraft previously operated by Arik Air. The ruling, delivered on November 27, 2024, by Justice Alexander Oluseyi Owoeye, marks the first application of the Cape Town Convention since Nigeria ratified ...

    The Economic and Financial Crimes Commission (EFCC) has summoned Delta State Accountant General, Mrs. Joy Enwa, alongside Ekeruche, a former Director of Finance and Administration (DFA), and the Director of Administration at Government House, Asaba, for further questioning in January. This development comes amid ongoing investigations into the alleged diversion of ₦1.3 trillion ...

The Economic and Financial Crimes Commission (EFCC) has arrested Delta State Accountant General, Mrs. Joy Enwa, in connection with the alleged diversion of N1.3 trillion in state funds linked to former Governor Ifeanyi Okowa. The funds, part of the 13 percent derivation allocation designated for oil-producing states, were reportedly misappropriated during Okowa’s tenure as governor. ...

    ESET, a global digital security firm, has weighed in on the rising threat of online scams following a major crackdown by Nigeria’s Economic and Financial Crimes Commission (EFCC). Earlier this week, the EFCC raided the Big Leaf Building in Lagos, identified as a hub for fraudulent financial activities, arresting 792 individuals. Among those ...

    Former Kogi State Governor Yahaya Adoza Bello has appealed to the Federal Capital Territory High Court in Maitama, Abuja, to exempt him from using landed property in the Maitama district as part of his bail conditions. The plea was made on Thursday, December 19, 2024, through Bello’s counsel, J.B. Daudu (SAN), during a ...

The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate, has re-arraigned Francis Atuche, the former Managing Director of the defunct Bank PHB Plc, on charges of conspiracy and forgery. The re-arraignment took place on Monday, December 16, 2024, before Justice O.O. Abike-Fadipe of the Special Offences Court in Ikeja, Lagos. Atuche was arraigned alongside ...

    The Economic and Financial Crimes Commission (EFCC) has achieved a major breakthrough in combating cybercrime with the arrest of 792 suspects linked to an extensive cryptocurrency investment fraud and romance scam syndicate. In what the agency described as its largest operation to date, the suspects were apprehended on Tuesday, December 10, 2024, during ...

    Sabrina Ezeoku, a legal practitioner, has issued a public apology for falsely claiming that the Economic and Financial Crimes Commission (EFCC) raided the residence of Bello El-Rufai, son of former Kaduna State governor Nasir El-Rufai. On December 5, Ezeoku posted on her X (formerly Twitter) account that EFCC operatives raided Bello’s home in ...

  The Chief Justice of Nigeria (CJN), Justice Kudirat Kekere-Ekun, will inaugurate this year’s media conference organized by the National Association of Judiciary Correspondents (NAJUC) on Thursday in Abuja. The conference, set to take place at the Hon. Justice Rose Ukeje Hall of the Federal High Court, aims to bring together key judiciary stakeholders to ...

Justice Bello Kawu of the Federal Capital Territory (FCT) High Court has directed the Economic and Financial Crimes Commission (EFCC) to provide a Certified True Copy (CTC) of its investigation report on funds allocated to Abia State’s 17 local government areas (LGAs) from 2019 to 2023. The ruling followed an ex-parte motion filed by Chidiebere ...

The trial of former Kwara State Governor, Alhaji Abdulfatah Ahmed, and his former Finance Commissioner, Ademola Banu, for alleged mismanagement of N5.78 billion in public funds resumed on Wednesday, December 4, 2024, before Justice Mahmud Abdulgafar of the Kwara State High Court in Ilorin. Ahmed and Banu were accused of conspiring to divert funds allocated ...

    The Economic and Financial Crimes Commission (EFCC) has justified its decision to withhold the identities of the owners of 753 seized duplexes in Abuja, following public criticism. The properties, part of a large estate, were forfeited to the federal government on December 2, 2024, by order of the Federal Capital Territory High Court. ...

    In a landmark ruling on Monday, Justice Jude Onwuegbuzie of the Federal High Court ordered the final forfeiture of an estate in Abuja measuring 150,500 square meters, comprising 753 duplexes and apartments, to the federal government. The property, located at Plot 109, Cadastral Zone C09, Lokogoma District, represents the single largest asset recovery ...

  The Federal High Court in Abuja has lifted a freezing order on six bank accounts previously implicated by the Economic and Financial Crimes Commission (EFCC) for alleged illegal cryptocurrency transactions. Justice Emeka Nwite issued the ruling on Monday, following the EFCC’s disclosure that its investigation found no connection between the funds in the accounts ...