The Federal High Court in Abuja has ordered the arrest and remand of six individuals accused of being involved in the fraudulent cryptocurrency investment scheme, “CBEX,” which allegedly defrauded Nigerian investors of approximately $1 billion. The order was granted on Thursday following an ex parte motion filed by the Economic and Financial Crimes Commission (EFCC).
In a move to deepen capacity building across the continent, the African Export-Import Bank (Afreximbank) has officially opened its portal for the 2025 edition of its internship programme, targeting African students and recent graduates seeking practical exposure in trade, finance, and economic development. The six-month internship scheme, which is highly competitive, aims to equip young
The Muslim Congress (TMC), a prominent faith-based organization in Nigeria, is set to host a two-day national leadership workshop in Sagamu, Ogun State. The workshop, themed “The Big Picture Leadership,” aims to strengthen the capacity of TMC executives and key stakeholders across the country. The workshop is scheduled to take place from April 25 to
The President of the Muslim Community of Lagos, Alhaji Mohammed Oyinlomo Danmole, has likened the current security challenges plaguing some parts of Nigeria, especially the North East and Middle Belt regions, to a form of guerilla warfare. He emphasized that the nation’s security forces must take the fight to the hideouts of terrorists, whom he
As Nigeria prepares for the 2025 Hajj pilgrimage, the Association for Hajj and Umrah Operators of Nigeria (AHOUN) is intensifying efforts to ensure smooth and efficient travel for Nigerian pilgrims. In an exclusive interview, Alhaji Abdul Lateef Yusuf Ekundayo, the CEO of Al-Firdaos Hajj and Umrah Services Limited and the President of AHOUN, highlighted the
The National Hajj Commission of Nigeria (NAHCON) has successfully secured an additional 2,800 VIP bed spaces in Tent A at Mina for the 2025 Hajj pilgrimage. This was made possible through an agreement with Rawaf Mina, a Saudi-based service provider, aimed at enhancing the accommodation options available to Nigerian pilgrims seeking premium services during the
U.S. federal authorities have indicted Nigerian-born U.S. citizen Oladapo Olalekan Fadugba on multiple charges, including wire fraud, aggravated identity theft, and making a false statement during his naturalization process. The indictment, filed in a federal court, alleges that Fadugba, 40, defrauded a healthcare provider out of over $690,000 through fraudulent schemes. In addition, he is
The Nigerian Air Force (NAF) has taken responsibility for an airstrike error that occurred in Zamfara State, resulting in the loss of lives and property. In a statement released by the NAF’s Director of Public Relations and Information, Air Vice Marshal Edward Gabkwet, the Air Force acknowledged that the incident was a result of an
In a renewed effort to bridge the financial divide and bring millions of Nigerians into the formal economy, experts, regulators, and private sector leaders have spotlighted key measures necessary for accelerating financial inclusion across the country. The consensus was reached at the Payment Forum Nigeria (PAFON 2.0), held in Lagos, where stakeholders dissected challenges and
In a bold move to strengthen the nation’s digital transformation agenda, Nigeria is set to host the seventh edition of the Nigeria eGovernment Summit on Thursday, August 28, 2025. The event will take place at the Radisson Blu Hotel in Ikeja, Lagos, and will bring together leading voices from government, technology, and the private sector
