Court – City Business News

January 23, 2026 No Responses

Alleged $80,000, N953m Fraud: Court Convicts Stockbroker

Justice Modupe Nicole-Clay of the Lagos State High Court sitting in Ikeja, Lagos, on Wednesday, January 21, 2026, convicted Victor Ogiemwonyi and his company, Partnership Securities Limited, for stealing the sum of N953,535,861.57 (Nine Hundred and Fifty-Three...

January 22, 2026 No Responses

Emefiele’s Ex-Zenith Colleague Testifies On Alleged ₦1.6b Disbursement

The trial of the former Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, continued on Wednesday, January 21, 2026, before Justice Yusuf Halilu of the Federal Capital Territory, FCT, High Court, Maitama, Abuja, with detailed testimonies from the.....

January 20, 2026 No Responses

Edo Court Jails Man For N1.5b Fraud

The Benin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Monday January 19, 2026 secured the conviction and sentence of Ojo Eghosa Kingsley before Justice W. I. Aziegbemhin of Edo State High Court, sitting in Benin City.Kingsley...

December 17, 2025 No Responses

NDLEA Secures Court Order To Detain Vessel, 21 Crew

The National Drug Law Enforcement Agency (NDLEA) has secured an order of a Federal High Court in Lagos to detain a ship, its captain and 20 other crew members following the seizure of 25.5 kilograms of cocaine in the hatch...

October 30, 2025 No Responses

EFCC Arraigns Vessel, Crew For Alleged N12b Oil Theft

The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned a vessel, MT Ostria, alongside three men before the Ikeja Special Offences Court over the alleged theft of petroleum products valued at N12 billion.The defendants — Raymundo Panaligam...

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. J...

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...