A company, Stelmart Nigeria Limited, alongside two siblings Omolayo Mattew, and Moses Matthew have been granted bail in the sum of N50 million by Justice Mojisola Dada of the Special Offences Court in Ikeja. The defendants were granted a temporary reprieve in the sum of N50 million with two sureties in like sum, who must give permission for lien to be placed on their bank accounts. They are also to show evidence of tax payment for the past three years. They were also ordered to submit their international passports to the Economic and Financial Crimes Commission, EFCC, pending the determination of…
Author: Funke
Funke Busari
A prolific international fraudster who conspired to launder tens of millions of dollars through a series of online scams and flaunted his luxurious, crime-funded lifestyle on social media was sentenced today to 135 months in federal prison. Ramon Olorunwa Abbas, a 40-year-old Nigerian national, also known by his Instagram handle, “Ray Hushpuppi,” was sentenced by United States District Judge Otis D. Wright II, who also ordered Abbas to pay $1,732,841 in restitution to two fraud victims. Abbas pleaded guilty in April 2021 to one count of conspiracy to engage in money laundering. He was arrested in Dubai, United Arab Emirates,…
A Lagos Federal High Court has discharged seven India citizens and a Nigerian, charged by the National Drug Law Enforcement Agency, NDLEA, of unlawful importation of cocaine into the country. Justice Ayokunle Faji freed the seven Indians namely; Singh Vikash, Kunnaserypallam Ashraf Inzam, Xaiver Fernando Santhanaria, Mandal Surjeet Ashok, Tandel Pratikkumar Pravinbai and Barthwal Rohan Sunil. A Nigerian freed from the allegations was Shedrack Yurama. The defendants were cleared by Justice Faji after he upheld their no case submissions filed by their counsel, Mr. Femi Atoyebi, Tunde Adejuyigbe, both Senior Advocates of Nigeria (SANs) and others, in a three count…
Prudential Africa has announced that 222 of its sales representatives across seven of its markets in Africa have qualified for the Million Dollar Round Table, MDRT, in the first half of 2022. This is in comparison to 39 qualifiers from the same period last year, up 469 percent. This makes Prudential the company with the highest number of MDRT members in Africa, with the largest number of qualifiers coming from Nigeria. Million Dollar Round Table, MDRT, is the global Premier Association of Financial Professionals. MDRT members lead the global financial services profession in professional knowledge, ethical conduct, and client service.…
The Nigerian Navy Ship BEECROFT, has rescued 10 crew members from a fishing trawler christened OLOKUN XII which capsized within the Lagos channel in the early hours of 7 November 2022. This development was communicated by Edward Yeibo, Commander Command Information Office, Western Naval Command today. Information revealed that the capsized trawler OLOKUN XII was being towed by its sister trawler OLOKUN IV within the Lagos channel when the vessel collided with a merchant vessel MSC CORUNA, leading to the capsize of the fishing trawler OLOKUN XII. However, NNS BEECROFT patrol team were on routine patrol which led to the…
Thousands of supporters of the All Progressives Congress in Kogi State trooped out on the streets of Ehima for a solidarity walk for all APC candidates, from Presidential to state house of assembly. The supporters, who were chanting various solidarity songs, took off from Obangede junction and ended the solidarity walk at Ikuehi, where party members and their huge crowd of supporters pledged their support for the APC government at the centre and for Governor Yahaya Bello of Kogi State. The Kogi indigenes said in all the years of the existence of the state, no Governor had impacted so positively…
The National Publicity Secretary of Labour Party, Arabambi Abayomi Oluwafemi has congratulated Reno Omokri for seeing the light at last, by his decision to dump Atiku Abubakar of the Peoples Democratic Party, PDP for Peter Obi of Labour Party, LP. Comrade Arabambi is referring to a viral video where Reno praised Peter Obi to high heaven and commended him for the job done as the Governor of Anambra State. He said, like Omokri, his other friends Femi Fani-Kayode and Dino Melaye will soon change address and identify with the movement that will usher in Peter Obi as the next President…
The maiden Journalists International Forum For Migration, JIFORM, Intercontinental Migration Summit rounded off on Friday with call for affirmative actions to tackle various migration menaces. The hybrid conference hosted by the Medgar Evers College, MEC, City University, New York City, CUNY, at Brooklyn was themed: Appraising Human Mobility: Prospects and Challenges of Labour Migration Post Pandemic Era was held between November 2-4. Dr. Ajibola Abayomi, President of the JIFORM who spoke via zoom said there was need for affirmative actions to address the mirage of challenges associated with human mobility and migration governance. He charged nations to show more commitments…
The Tinubu/Shettima Presidential Campaign Council, PCC, says its Presidential candidate, Asiwaju Bola Ahmed Tinubu, was absent at the Arise TV debate, because he has decided not to make selective appearances in some networks. The Council made the clarification in a statement by its Director, Public Affairs and Spokesperson and Minister of State, Labour and Employment, Festus Keyamo. Explaining why Asiwaju did not attend the Presidential Debate organised by Arise TV on Sunday, November 6, 2022, Keyamo said many radio and TV networks in Nigeria have indicated interests to host such debates and out of deference to other TV and radio…