Month: December 2021

Court strikes out lawsuit against Veritas Registrars over issue of jurisdiction

Justice Lateefa Okunnu of Lagos High Court has struck out a lawsuit against Veritas Registrars Limited for want of jurisdiction. The suit, No LD/569CM/2021, was between Pastor Anthony Afuye-Cyrus v. Veritas Registrars Limited. Afuye-Cyrus had claimed some employment related reliefs on the basis that he had been the subject of harassment, coercion, intimidation, victimisation and …

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Congolese regulator to understudy Nigeria’s telecoms market

CONGO-Brazzaville Telecommunications Regulations Authority (CTRA) has expressed its readiness to tap from the success of Nigeria’s telecoms market. This was made known when a delegation from the central African nation paid a scheduled visit to the Nigerian Communications Commission (NCC), essentially to understudy the latter’s policies, practices and programmes that have made it a model …

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Court adjourns Eunisell Limited case to Jan 20, 21

The case between Eunisell Limited and its former employee, Kenneth Ndubuisi Amadi, over alleged N2.9billion fraud, has been adjourned to January 20 and 21, 2021 for continued trial. Managing Director Eunisell Limited, Mr Chika Ikenga, last week, reaffirmed that a former employee of the company, Kenneth Ndubuisi Amadi, allegedly defrauded the company, by making customers …

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NSCDC commandant forfeits 60 buildings, land to FG

A Federal High Court sitting in Abuja has ordered final forfeiture to the Federal Government of 60 buildings illegally acquired by a former Deputy Commandant of the Nigerian Security and Civil Defense Corps (NSCDC), Adenike Ishola Bintu. The Independent Corrupt Practices and Other Related Offences Commission (ICPC), in a forfeiture proceeding, had approached Justice O. …

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ASUU denies receiving N52.12b, accuses FG of misleading Nigerians

Academic Staff Union of Universities (ASUU), yesterday, denied receiving N52.12 billion as claimed by the Federal Government. Minister of Labour and Employment, Chris Ngige, had recently said government released the money, as part of cumulative earned allowance owed the union. Addressing the media, Kano Zonal Coordinator, Prof. Abdulkadir Muhammad, said only N22.17 billion was released …

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EFCC declares forex firm boss Maxwell Odum wanted over N213bn fraud

The Economic and Financial Crimes Commission has declared the Chief Executive Officer of a Lagos-based forex training and capital investment company, MBA Capital and Trading Limited, Maxwell Odum, wanted over alleged fraud to the tune of N213bn. The anti-graft agency in a notice on Wednesday appealed to members of the public with details of the …

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N9.7bn fraud: N4.7bn property bought with estacode, farming, says Ex-NAF chief, Dikko

The trial of a former Chief of Air Staff, Air Marshal Umar Dikko, resumed on Wednesday, before Justice Nnamdi Dimgba of the Federal High Court sitting in Abuja, with the continuation of the cross-examination of the defendant by the prosecuting counsel, Sylvanus Tahir. Dikko told the court that he bought properties worth N4.7bn through estacodes …

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Former INEC chair, Jega, describes Nigeria’s fight against corruption as ineffective

Worried by the litany of corruption cases against Nigeria’s political elite, renowned Nigerian academic and former chairman of the Independent National Electoral Commission (INEC), Professor Attahiru Muhammadu Jega, has called on relevant authorities to up the fight against corruption, just as he described the current crusade against the malaise as inept and ineffective. According to …

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FG plans to acquire N1.8bn telecom facilities to block fraudsters

The Federal Executive Council, on Wednesday, approved the procurement of telecommunication equipment that would be used to detect and block fraudsters using different SIM cards. The approval of the new regulatory system is expected to support the country to address the challenges of insecurity, among others. The Minister of Communication and Digital Economy, Isa Pantami, …

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