A Lagos Special Offences Court has granted bail to Jude Okoye, former manager of the defunct music group P-Square, in an ongoing trial over an alleged theft of $1,019,763.87 and £34,537.59. Justice Rahman Oshodi, presiding over the case, granted Okoye bail in the sum of N50 million with two sureties in like sum. The court mandated that the sureties must reside within jurisdiction and provide proof of three years’ tax payments. Additionally, the court ordered Okoye to surrender both his Nigerian and St. Kitts and Nevis passports, while the Economic and Financial Crimes Commission, EFCC, was directed to notify immigration…
Author: Newsdeck
Nigerian Singer Habeeb Okikiola, better known as Portable, has revealed that he originally created his Instagram and Facebook accounts to learn internet fraud, commonly known as Yahoo Yahoo. In a viral video that began trending on Tuesday, Portable was seen conversing with content creator Egungun of Lagos during a car ride. When asked about the unusual name on his Instagram profile, ‘Elizabeth Joyce,’ the singer admitted that the account was initially set up for fraudulent activities. “Make I no lie for you, e get one Facebook and Instagram account wey be say that time I wan learn Yahoo (internet fraud),”…
Justice A.O. Owoeye of the Federal High Court, Ikoyi, Lagos, has adjourned the alleged $340,000 fraud case involving Ezekiel ThankGod, former manager of gospel artiste, Mercy Chinwo till May 14, 2025 for hearing. The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC had filed a three-count charge against him bordering on money laundering and dishonest conversion to the tune of $340,000. One of the counts reads: “That you, EZEKIEL ONYEDIKACHUKWU THANKGOD and EEZEE GLOBAL CONCEPTS LIMITED sometime in 2023, directly retained the sum of $260,494 (Two Hundred and Sixty Thousand Four Hundred and Ninety-Four USD) in EEZEE…
A former Presidential Spokesman, Dr Doyin Okupe, has been reportedly dead. Sahara Reporters reports that Okupe’s death was linked to cancer having been battling with Prostate Cancer for the past 16 years. He died at the age of 72. He was reported to have been critically ill in the weeks leading up to his death. He was also reported to have been hospitalised for prostate cancer in October 2023 when he was flown to Israel for treatment. The Gazelle News reports that the sickness relapsed in the past weeks which eventually led to his death
Nigerian singer Oluwatosin Oluwole Ajibadem, better known as Mr Eazi, has announced the death of his mother, Ifeoma Edith Ajibade. The Femi Otedola’s son-in-law shared this shocking news on his official Instagram account. He posted a photo of himself with his lovely mother, where he kissed her on the cheek, and she smiled brightly, looking content. Eazi’s caption was one written with a very heavy heart. It reads: “Thank you, Mummy. For your strength, your sacrifices, your unwavering faith. For raising us with love, discipline, and devotion to God. For teaching me confidence, entrepreneurship, forgiveness, and family. You were my…
The Naira on Wednesday appreciated in the parallel market, trading at ₦1,512 per dollar, an improvement from the ₦1,515 per dollar recorded on Tuesday. However, in the Nigerian Foreign Exchange Market (NFEM), the local currency experienced a slight decline, closing at ₦1,505 per dollar. Data from the Central Bank of Nigeria (CBN) indicated that the indicative exchange rate for the Naira rose to ₦1,505 per dollar from ₦1,502 per dollar the previous day, reflecting a depreciation of ₦3. As a result, the difference between the parallel market and NFEM exchange rates narrowed to ₦7 per dollar, compared to ₦13 per…
Barcelon’s manager Hansi Flick has praised his players following their 1-0 victory over Benfica in the UEFA Champions League on Wednesday night. The Blaugurana played with 10-men after Pau Cubarsi’s 22nd minute dismissal. The LaLiga giants however won the game courtesy of Raphinha’s 60th minute strike. “I’m very proud, after playing from the 22nd minute with one less player, it’s a great performance. They ran a lot,” Flick said after the game. ALSO READ: “I’m satisfied with the victory. I’m very proud of the team because we defended very well and managed the match well. It’s a very big victory.…
The Senate on Wednesday dismissed a petition from Senator Natasha Akpoti-Uduaghan (PDP, Kogi Central) against Senate President Godswill Akpabio, in which she accused him of sexual harassment. At a probe session on Wednesday, Senator Neda Imasuen (LP, Edo South), Chairman of the Senate Committee on Ethics, Code of Conduct, and Public Petitions, ruled the petition invalid, citing a violation of Order 40 of the Senate Standing Orders. He explained that Akpoti-Uduaghan had personally signed the petition instead of having it endorsed by another individual, rendering it procedurally flawed. Additionally, he noted that the allegations were already before the court, making…
The Fourteenth Prosecution Witness, PW14, Mohammed Ashelk Jidda in the trial of former Minister of Power, Saleh Mamman on Wednesday, March 5, 2025 told a Federal High Court, Abuja, presided over by Justice James Omotosho that the former minister paid him a dollar equivalent of N200 million in cash for the purchase of a five bedroom property in Wuse, Abuja. Mamman is being prosecuted by the Economic and Financial Crimes Commission, EFCC in relation to the Mambilla Power Project on a 12-count charge, bordering on conspiracy to commit money laundering to the tune of N33,804,830,503.73 (Thirty-Three Billion, Eight Hundred and…
The Federal Government’s 2025 revenue target is now in jeopardy due to a 20% drop in the price of Bonny Light, Nigeria’s premium crude oil, from $84.02 per barrel in January 2025 to $67 per barrel. The Budget 2025 is based on crude oil price benchmark of $75 per barrel, oil production of 2.06 million barrels per day, bpd and revenue target of N36.35 trillion with 56 per cent coming from oil sales. The fall in crude oil price represents a 10.7 per cent potential decline in FG’s oil revenue target, even as output, currently at 1.7 million bpd, remains…