Metro News – City Business News

August 10, 2026 No Responses

NRS Boss Reacts To $279m Frontier Fund Fraud Allegation

By ebosele@hotmail.com – The Executive Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has dismissed online reports alleging his involvement in $279 million fraud linked to the Frontier Exploration Fund, describing the publication as sponsored fake news aimed at...

July 16, 2026 No Responses

Aisha Achimugu: Court Grants Final Forfeiture of N4.6b Jewelries, N4.3b Cars, $50, 000 , N30, 000,000

A Federal Capital Territory, FCT, High Court sitting in the Apo, Abuja, has granted the final forfeiture of properties linked to a business woman, Ms Aisha Achimugu to the federal government.The properties include jewelries worth N4,645,170, 294.9 billion (Fou...

June 23, 2026 No Responses

EFCC Re-Arraigns Ex-Skye Bank MD

The Economic and Financial Crimes Commission, EFCC, on Monday, June 22, 2026, re-arraigned a former Chairman, Board of Directors, defunct Skye Bank Plc ( now Polaris Bank Limited) Tunde Ayeni before Justice Jude Onwuegbuzie of the Federal Capital Territory, FC...

June 9, 2026 No Responses

EFCC Arraigns Husband, Wife For N1bn Fraud

The Ilorin Zonal Directorate of the EFCC has arraigned a self-styled native doctor, Olorunbukunmi Taiwo and his wife, Awolegan Omolola Omotola, over an alleged contract scam to the tune of N1,098,961,500 (One Billion, Ninety-Eight Million, Six Hundred and Nine...

April 7, 2026 No Responses

CNG: FG Probes Kaduna Explosion

The Federal Government (FG) through the Presidential Initiative on Compressed Natural Gas and Electric Vehicles (Pi-CNG & EV) has commenced investigations, in collaboration with relevant authorities, into the cause of a vehicle explosion at a Kaduna motor ...

March 8, 2026 No Responses

EFCC Arraigns Four For Alleged N2bn Oil Fraud

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Directorate 2, Ikoyi, on Friday, March 6, 2026, arraigned the quartet of Babatunde Olukunle Oyefolu, Babayemi Isaac Olatunde Ezekiel Abaki and Plural Oil Marketing Limited for an alleged N2bn oil ...

February 25, 2026 No Responses

Court Jails Woman Seven Years For N5.6m Fraud

Justice Maryam Sabo of the Kano State High Court sitting in Kano has convicted and sentenced Ebonine Rita Uzoamaka to seven years imprisonment for obtaining the sum of N5,600,000.00k( Five Million, Six Hundred Thousand Naira) by false pretence.The convict was....

December 8, 2025 No Responses

Sanwo-Olu Inaugurates TY Logistics Park

By ebosele@hotmail.com Lagos State Governor, Babajide Sanwo-Olu has inaugurated the TY Logistics Park Free Zone Enterprise (FZE) in Alaro City, describing the project as a major milestone that will redefine the future of logistics, industrial growth, and inves...

November 8, 2025 No Responses

Lagos Seals Unauthorised Buildings, Gives QMB Mart 72-Hour Ultimatum

The Lagos State Building Control Agency (LASBCA) has intensified its enforcement operations in the Lekki and Ikoyi axis of the state, sealing several buildings found to have commenced construction without the mandatory authorisation or building approval from t...

September 28, 2025 No Responses

Police Confirm Abduction Of 17 Passengers Along Calabar Waterway

The Police Command in Cross River has confirmed the abduction of 17 passengers by sea pirates along the Calabar Waterways.The command’s Deputy Public Relations Officer, DSP Igri Ewa, who made the confirmation on Saturday in Calabar, said that the passengers....

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...

June 14, 2025 No Responses

Lagos Loses N4tri Annually To Traffic Congestion, Vows To Enforce e-Call-Up

The Lagos State Government is to begin enforcement of its Electronic Call-Up (e-Call-Up) system for tankers and other articulated vehicles operating on the Lekki-Epe Corridor with effect from June 16.The government said that the enforcement would be in an effo...

May 18, 2025 No Responses

Boat Accident Claims 27 Lives In Kwara

A boat mishap has claimed the lives of at least 27 people in the Gbajibo community in the Kaiama Local Government Area of Kwara State. The tragedy occurred barely seven months after a similar incident claimed the lives of 100...

April 16, 2025 No Responses

Police Declares Frank Nneji’s Daughter, ABC Transport Founder Wanted

The Nigeria Police Force has declared wanted Ihuoma Julia Nneji, daughter of the founder of ABC Transport Plc, Frank Nneji over alleged cyber crime.City Business News reports that Miss Nneji was declared wanted Tuesday night by the office of the...