17 results
- 15 Jul 2026
Court Orders Final Forfeiture of 48 Properties Linked to Former AGF Abubakar Malami
The Federal High Court in Abuja on Wednesday, July 15, ordered the final forfeiture of 48 properties linked to the immediate past Attorney-General of the Federation and Minister of Justice, Mr.…
- 19 Jul 2026
ICPC Secures Final Forfeiture of N941m Linked to IPPIS Fraud
Federal high court in Abuja has ordered the final forfeiture of N941,994,079.86 linked to suspected ghost workers uncovered in the integrated payroll and personnel information system (IPPIS) to the…
- 15 May 2024
Court Grants Final Forfeiture of Property Recovered from Telecom Experts’
Justice Kehinde Ogundare of the Federal High Court, sitting in Ikoyi, Lagos, has ordered the final forfeiture of a parcel of land measuring 2348.072 square metres in Enugu State recovered from the…
- 10 Mar 2026
Court Orders Final Forfeiture of N81.1m Sterling Bank Fraud Funds
Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of N81,108,143.8 stolen from Sterling Bank Plc following a system glitch that befell the financial institution. Justice…
- 29 Aug 2017
Diezani Loses N7.6B Loot, Protesters Demand Extradition from UK
The Federal High Court in Lagos yesterday ordered the final forfeiture of N7.6billion allegedly stolen and hidden by Mrs Diezani Alison-Madueke, former Minister of Petroleum Resources. This came as…
- 14 Mar 2021
Supreme Court Orders EFCC to Return N9Bn to Former First Bank Director
The supreme court has ordered the Economic and Financial Crimes Commission (EFCC) to return the N9 billion it seized from Dauda Lawal, former executive director of First Bank. In a unanimous judgment…
- 19 Apr 2026
CitiTrust Heads to Appeal Court over Alleged Ponzi Scheme
CitiTrust Financial Services Limited, the parent company of Osun-partly owned LivingTrust Mortgage Bank, has approached the Court of Appeal sitting in Lagos, following the company’s conviction at the…
- 2 Jul 2021
Okeke, Nigerian Asks Court to Wind up CNN Africa in Nigeria
Kenechukwu Okeke, a Nigerian dragged CNN Africa to the Federal High Court in Lagos, praying the court to shut down the operations of the multinational news-based television channel in Nigeria.…
- 15 Jan 2026
EFCC to Use Space Technology to Boost Asset Tracking, Investigations
Economic and Financial Crimes Commission (EFCC) has partnered with the National Space Research and Development Agency (NASRDA) to deploy advanced space and geospatial technologies in investigations…
- 23 Jul 2026
CBN Has Not Published Annual Financial Statements Since 2022 despite Legal Requirement
Central Bank of Nigeria (CBN) has yet to publish its annual financial statements beyond the 2022 financial year, despite legal provisions requiring the apex bank to release its audited accounts…
- 13 Sept 2016
Diezani in Fresh Trouble, Forfeits N4.8Bn Houses to FG
Detectives have been deployed in Port Harcourt, the Rivers State capital, in the ongoing probe of Mrs. Diezani Alison-Madueke, former Minister of Petroleum Resources. The Nation reported that of…
- 17 Sept 2020
FG Launches Central Database for Stolen Asset Tracing
Federal government has launched a Central Database under the Asset Tracing, Recovery and Management Regulations (ARTM), 2019 and the Central Criminal Justice Information System (CCJIS) under the…
- 17 Mar 2019
Forfeiture Claim on Airtel Shares False- Subsidiary of Ecobank Group
O&O Networks Limited, Special purpose vehicle owned by the Ecobank Group has said that contrary to certain media reports, there is no forfeiture order of the Federal High Court of Nigeria in its…
- 17 Jan 2018
Court Adjourns Hearing of BVN Suit to March 1
The Federal Government on Tuesday requested for an adjournment over suit challenging its forfeiture order it secured from a Federal High Court in Abuja, to take over of monies not linked to Bank…
- 8 Apr 2025
NCC Issues 90 Days Deadline to Telcos to Resolve Subscribers’ Unclaimed Airtime
Nigerian Communications Commission (NCC) has issued a 90-day compliance window to telecommunications operators to resolve the long-standing issue of unutilised and unclaimed subscribers’ recharges.…
- 24 Dec 2023
CBN's Special Investigator, Jim Obazee Accuses Emefiele of Using Proxies to Buy Banks
Jim Obazee, the special investigator appointed by President Bola to investigate the activities of former Central Bank Governor, Godwin Emefiele, has revealed in his report that the former apex bank…
- 3 Mar 2017
MTN Dismisses Illegal Money Repatriation Charges
Phutuma Nhleko, MTN group chairman, said on Thursday that accusations that Africa's biggest mobile operator had moved funds illegally out of Nigeria had no basis. MTN is facing an investigation by…