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EFCC Drills Nadabo Energy Limited Boss Abubakar Ali Peters Over N761.6m Oil Fraud

EFCC Drills Nadabo Energy Limited Boss Abubakar Ali Peters Over N761.6m Oil Fraud

The trial of Abubakar Ali Peters and his company, Nadabo Energy Limited, over a 21-count charge bordering on forgery and subsidy fraud to the tune of N761, 628,993.84 before Justice S.S. Ogunsanya of the Lagos State High Court sitting in Ikeja, Lagos continued on Monday, May 9, 2022, with the conclusion of the cross-examination of […]

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Instagram Vendor Ifunaya Izundu Fails to Refund After Delivering Worn Dress’ to Customer

Titilope Olusiyi, a fashion designer, has accused Ifunaya Izundu, owner of ‘Boldcurve’, an Instagram clothing store, of defrauding her of N30,000, after she was sold a cloth inferior to what she ordered. Olusiyi told FIJ that she ordered a Fashion Nova dress, worth N30,000 from Izundu’s ‘Boldcurve’ on March 9, but upon delivery, a worn […]

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Lagos Neighbourhood Safety Agency GM, Ifalade Ajasa, enmeshed in alleged financial misappropriation

Lagos Neighbourhood Safety Agency GM, Ifalade Ajasa, enmeshed in alleged financial misappropriation

Ifalade Ajasa, the general manager of the Lagos State Neighbourhood Safety Agency (LNSA), is currently enmeshed in allegations of abuse of office and financial misappropriation, according to THE WITNESS. Stories have been told how LNSA, an agency established in 2016 by Akinwunmi Ambode and adequately funded by the state government to keep communities in the […]

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Nigerians Drag Kuda Bank Over Customer Experience

Nigerians Drag Kuda Bank Over Customer Experience

Twitter users drag Kuda Bank, a digital-only Nigerian bank following a video of police brutality within the bank premises amongst other customer dissatisfactions. A video of a customer being assaulted by some mobile police force within the bank premises surfaced on Tuesday, April 19, 2022. According to the victim’s brother identified as (@I_am_Jamotech), his brother went to […]

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Sabre Real Estate Denies Client N450,000 Refund After Cancelling Land Deal

Sabre Real Estate Denies Client N450,000 Refund After Cancelling Land Deal

Mike Oyediran, a print contractor, has accused Sabre Real Estate, a Lagos-based real estate firm, of refusing to make a N450,000 refund, months after a land purchase agreement was cancelled. Oyediran told FIJ that he paid N1 million to Sabre Works between December 2019 and the first quarter of 2020, for a piece of land […]

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3.6bn Fraud: Appeal Court orders EFCC to reprosecute ex-NDDC director, Tuoyo Omatsuli

3.6bn Fraud: Appeal Court orders EFCC to reprosecute ex-NDDC director, Tuoyo Omatsuli

A three-man panel of the Court of Appeal, Lagos Division, led by Justice Peter O. Affem, on Wednesday, April 13, 2022, upheld the appeal of the Economic and Financial Crimes Commission, EFCC, and dismissed the ruling of a Federal High Court in Lagos in the case involving a former Executive Director, Projects, Niger Delta Development […]

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The First 3 Videos Your Small Business Should Make

The following blog contains a detailed description of the first three videos that every small business should make to enhance the connectivity with its clients and target audience with the use of video makers. Introduction   When starting with a small business, there is an overwhelming number of responsibilities that one has to make the […]

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Journalist exposes dirty secrets of Flutterwave, Access Bank

By David Hundeyin On the night of Sunday March 20, 2022, a particular WhatsApp group wouldn’t stop buzzing. Word had got out that a big story that would shake the Nigerian tech space was coming out the next day. Rumour had it that the story was about Nigeria’s highest valued tech unicorn and that the […]

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Court freezes accounts of business mogul, Bawa Garba over N1.7bn debt

Court freezes accounts of business mogul, Bawa Garba over N1.7bn AMCON debt

A Federal High court sitting in Kaduna has granted an order to freeze all bank accounts linked to a Kaduna based business mogul, Alhaji Bawa Garba of ABG Communications, and Engr. Mohammed Bawa Garba, over alleged N1.7billion debt owed Asset Management Corporation of Nigeria (AMCON). AMCON, which is the applicant in suit no. FHC/KD/AMC/1/2022, approached […]

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Tyranny in the workplace: The chaotic culture of Bento Africa

Tyranny in the workplace: The chaotic culture of Bento Africa

“Bento took everything from me—my sense of humanity, sanity, confidence, and trust,” Pascal*, an ex-sales executive at Nigerian payroll startup Bento Africa, said about his time working there. “We worked around the clock. Ebun [CEO and co-founder of the company] would send you messages by 2 AM and expect a response asap. No rest. We went to […]

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Where can you invest: Blue World City or Taj Residencia

Some of Islamabad’s most outstanding housing societies are located in the Federal Capital. Both housing societies have impeccable reputations when it comes to deciding whether to invest in Blue World City, or Invest In Taj Residencia. The capital of Islamabad, Islamabad, is responsible for providing housing to both local residents and tourists. Blue World City and Taj Residencia […]

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Three SEPCOL Workers Arraigned For Murder, Illegal Bunkering

Three workers of Shebah Exploration & Production Company Ltd, in Ilaje council area of Ondo State, have been arraigned in court for murder, arson, malicious damage, and destruction of property through illegal bunkering activities. The workers include: Anthony Nwuba, Orofin Pius Yomi, and Patrick Aganyebi were charged by the police for the murder of nine […]

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Court orders AMCON take over Babatunde Folawiyo’s assets

A federal high court sitting in Lagos on Thursday granted an order for AMCON to take over the assets of a Lagos businessman Tijani Babatunde Folawiyo. The asset seizure was ordered based on Falawiyo’s unpaid debt of N727.9 million. The order of the court was sequel to an application filed before the court by the […]

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Lt Col. Paul Obi Rtd, 2 others arraigned over alleged fraud

Lt. Colonel (retired) Paul Edor Obi, who was an Administrator of Bayelsa State, Nigeria from July 1998 to May 1999 during the transitional regime of General Abdulsalami Abubakar, was yesterday arraigned before Justice Mojisola Dada of an Ikeja Special Offences Court, Lagos over alleged fraud. The Retired administrator was charged alongside two others: Felix Onyakhamoh, […]

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JAIZ Bank Chairman, Umaru Mutallab in trouble over alleged unremitted N75m rent

JAIZ Bank Chairman, Umaru Mutallab in trouble over alleged unremitted N75m rent

In a bid to recover unremitted sum of N75 mllion collected as rent, GORI Nigeria Limited, has dragged the Chairman of Jaiz Bank Plc, Alhaji (Dr) Adamu Umaru Mutallab before a Lagos High Court.    In a statement of claim accompanied by statement witness on oath of the executive assistant of Gori company, Evelyn Ayika, […]

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First Bank Has The Worst Banking Security, Fraudster Tells Police

Entrepreneur’s N264,000 Disappears From First Bank Account

Abimbola Cecilia, an entrepreneur, has narrated how N264,000 was fraudulently deducted from her First Bank account. Cecilia told FIJ that she was in a vigil on March 1 when she received a series of debit messages. A total of N264,000 had been deducted from her account. “Around 1 am on March 1, I received a […]

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I should have saved my money in a pot, instead of entrusting it to UBA - Disappointed customer

Student Suspects UBA Staff in the Disappearance of N250,000 From His Account

Olamide Ambali, a student at Ecotes University, Benin Republic, has accused the United Bank of Africa (UBA) of debiting him without his permission. Ambali told FIJ that he had just returned from class on March 11 when he received a series of debit alert messages on his phone. He said UBA sent him a one-time […]

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Caverton records N5.9bn loss in aviation business

Caverton records N5.9bn loss in aviation business

Caverton Offshore Support Group Plc, the parent company of Caverton Helicopters Limited, has recorded a loss of N5.9 billion in its unaudited full-year 2021 results, ended December 31 2021. This represents a deep nosedive from the N1.1 billion profit recorded in 2020. The loss comes on the back of a financial crisis rocking the group’s […]

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