Court – City Business News

August 20, 2025 No Responses

Court Freezes Four Accounts Linked To Ex-NNPCL Boss, Kyari

The Federal High Court sitting in Abuja has ordered the temporary freezing of four Jaiz bank accounts linked to the immediate-past Group Managing Director (GMD) of Nigerian National Petroleum Company Limited (NNPCL), Mr Mele Kyari, over allegations of fraud. Justice...

August 8, 2025 No Responses

NCAA To AGF, IGP: Prosecute Kwam 1

The Nigeria Civil Aviation Authority (NCAA) has petitioned the Attorney-General of the Federation (AGF), Lateef Fagbemi, and the Inspector-General of Police (IGP), Kayode Egbetokun, to prosecute Fuji musician Wasiu Ayinde, popularly known as K1 De Ultimate, ov...

July 17, 2025 No Responses

EFCC To Appeal Court’s Acquittal Of Fayose Over Alleged ₦6.9b Fraud

The Economic and Financial Crimes Commission (EFCC) is to appeal the judgement of the Federal High Court sitting in Ikoyi, Lagos, which on Wednesday acquitted and discharged former Ekiti State Governor, Ayodele Fayose, of alleged ₦6.9 billion fraud. In a...

June 7, 2025 No Responses

Supreme Court Mourns Former Chief Justice Uwais

The Supreme Court of Nigeria has sent out its condolences to the family of former Chief Justice of Nigeria, Hon. Justice Muhammadu Lawal Uwais, who passed away on Friday. Uwais served as the 9th Chief Justice of Nigeria from 1995...

March 4, 2025 No Responses

Edo: Tribunal Reserves Judgement In Governorship Election Dispute

The Edo Governorship Election Petition Tribunal has reserved judgment in the petition filed by the Peoples Democratic Party (PDP) and it’s governorship candidate, Asue Ighodalo, challenging the outcome of the governorship election in the state. The three-mem...

January 17, 2025 No Responses

Alleged N12.3b Fraud: EFCC To Arraign Otudeko, Ex-First Bank MD

The Economic and Financial Crimes Commission (EFCC) has filed a 13-count criminal charge against the Chairman, Honeywell Group, Chief Oba Otudeko and a former Managing Director of First Bank, Olabisi Onasanya for allegedly obtaining the sum of N12.3bn from Fir...

November 19, 2024 No Responses

N43.5m Fraud: Court Jails NOGASA Chairman, Fatuyi 21 Years

Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Monday, November 18, 2024, convicted and sentenced Fatuyi Yemi Philips, Chairman, Natural Oil and Gas Suppliers Association of Nigeria, NOGASA, to 21 years imprisonment for N43.5m ...

November 2, 2024 No Responses

Court Orders Final Forfeiture Of $2m, Seven Properties Linked To Emefiele

Justice Dehinde Dipeolu of the Federal High Court sitting in Ikoyi, Lagos, on Friday, November 1, 2024, ordered the final forfeiture of the sum of $2.045m, seven landed properties and the two share certificates of Queensdorf Global Fund Limited Trust...

October 24, 2024 No Responses

Nigeria Drops Charges Against Binance Executive

The Federal government has dropped all charges against an executive at Binance Holdings, Tigran Gambaryan on health grounds. Gambaryan has been facing a money laundering trial from detention since April. A Counsel for the Economic and Financial Crimes Com...

August 21, 2024 No Responses

Court Of Appeal Orders Yahaya Bello To Show Up For Arraignment.

The Court of Appeal, sitting in Abuja on Tuesday, August 20, 2024 ordered a former Kogi State governor, Yahaya Adoza Bello to present himself before Justice Emeka Nwite of the Federal High Court, Maitama, Abuja, for arraignment before any further...

August 19, 2024 No Responses

EFCC Arraigns Man For Alleged N600m, $50,000.00 Fraud

The Lagos Directorate of the Economic and Financial Crimes Commission, EFCC, on Monday, August 19, 2024, arraigned one Ayodele Toyosi for an alleged investment fraud before Justice A.M. Lawal of the Lagos State High Court sitting in Ikeja.The defendant was...

August 13, 2024 No Responses

UBA, Four Others Face $900k Fraud Charges

United Bank for Africa (UBA) Plc has announced a strategic partnership with the Young Lawyers Forum (YLF) of the Nigerian Bar Association (NBA) with the aim to propel the professional development of over 50,000 young legal practitioners across Nigeria, by...

August 6, 2024 No Responses

Court Stops Sale Of Nigeria Air To Ethiopian Airlines

The Federal High Court sitting in Lagos has declared null and void the sale of Nigerian Air Ltd to Ethiopian Airlines Justice Ambrose Lewis-Allagoa in his judgment stopping the sale ordered that the proposed establishment of a national carrier-Nigeria Air,...

July 10, 2024 No Responses

NIMASA: Court Orders Final Forfeiture Of $16,500, ₦127m

The Federal High Court in Lagos has ordered the final forfeiture of $16,500 and another ₦127m fraudulently diverted from the Nigerian Maritime Administration and Safety Agency (NIMASA). The monies are to be forfeited to the Federal Government of Nigeria...