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FIDELITY BANK- Our Online Banking App Got You Covered

Intercontinental not a failed bank at time of take-over, says NDIC

By Editor. A prosecution witness with the Nigeria Deposit Insurance Corporation (NDIC), Mr. Paul Ndubuisi Akani, on Friday, March 20, 2020, told a Federal High Court sitting before Justice Ayokunle Faji that Intercontinental Bank Plc after their forensic examination in 2009 did not fall within the category of failed banks, and that his committee did not in its special investigation report recommend its take-over by the Central Bank of Nigeria. The witness in the ongoing trial of the bank’s…

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‘We didn’t recommend Intercontinental Bank’s take- over’ – NDIC

By Editor. Mr. Paul Akali, a prosecution witness in the ongoing trial of the former Intercontinental Bank Plc, Dr. Erastus Akingbola, yesterday, told a Federal High Court, Lagos, that his team did not recommend the taking over of the bank.Akali, an official of Nigerian Deposits Insurance Corporation (NDIC) stated this while being cross examined by Dr. Akigbola’s counsel Professor Taiwo Oshipitan (SAN).The former Intercontinental Bank Plc boss, is being tried by the Economic and Financial Crimes Commission (EFCC), on…

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Case reviews: Supreme Court must protect its integrity and refuse Nigerian politicians’ shenanigans – Okoli

Mr. Okoli (SAN). Mr. Chijioke Okoli is a senior advocate of Nigeria, (SAN) and a former chairman of the Nigerian Bar Association (NBA), Lagos premier branch. In this interview with the publisher of The Advocate News, IBE UWALEKE, he bares his mind on the ongoing case reviews at the Supreme Court and warns that the apex court should hold its integrity high and not allow Nigerian politicians to drag it into disrepute. (Excerpts): Is there any jurisprudential essentials to…

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#Ondo2020: IfeOluwa Oyedele appoints digital media strategist, Yomi Adebayo, as media, publicity director

Yomi Adebayo (media strategist). By Editor. The leading governorship aspirant of the All Progressives Congress, APC, in Ondo state and the Executive Director (Engineering and Technical Services), Niger Delta Power Holding Company Limited, IfeOluwa Oyedele, FNSE, has appointed Abayomi Adebayo (@Yomisaint), as the Director of Media and Publicity for the IFEOLUWA OYEDELE  Governorship  Campaign Organisation. Abayomi, an astute Digital Media Strategist and Publicist, was a Media Assistant in charge of both Traditional and New Media in the Office of the…

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President Jonathan’s two ex-ministers still face N4.6b money laundering charge in Lagos

Former Minister of Aviation, Fani-Kayode. By Editor. The rial of two former President Goodluck Ebele Jonathan’s ministers: Minister of State for Finance, Nenadi Usman and Minister of Aviation, Femi Fani-Kayode and two others, over N4.6 billion money laundering charge preferred against them by the Economic and Financial Crimes Commission, (EFCC), continued this morning for the second day running before a Federal High Court, Ikoyi, Lagos, after the cross examination of a prosecution witness, Mr Shehu Shuaibu yesterday.Shuaibu is a…

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EFCC secures another conviction in Lagos, sustains war against corruption

By Editor. The Economic and Financial Crimes Commission, (EFCC), has again scored another point in the war against corruption as it has caused a Lagos High Court sitting at Igbosere to convict and sentence yet another businessman, Jideofor Franklin Akpa, to 10 years imprisonment over N30 million fraud. Justice K. O. Jose, who presided over the court also fined the convict’s company, International Maritime and Shipping Limited the sum of N10 million, after being found culpable of the offences…

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Court rejects Orji Uzor Kalu’s post conviction bail application, affirms sentence

Ex-Abia governor, Orji Uzor Kalu. By Editor-in Chief. The frantic efforts made on December 17, 2019 to hurriedly pull himself out of prison custody after being convicted on a 39-count charge and sentenced for 12 years for stealing N7.65 billion belonging to Abia State Government, Orji Uzor Kalu, the ex-governor of the state, was disappointed today, Monday December 23, 2019, when a Federal High Court, Ikoyi, Lagos sitting before Justice Mohammed Liman rejected his bail plea and asked him…

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Bello Adoke’s detention is unnecessary, says Ozekhome

Former Federal Attorney General, (FAG), Adoke, SAN. By Mike Ozekhome, SAN. As the former minister of Justice and Federal Attorney General (FAG), Mohammed Adoke, SAN, begins a 14-day detention today at the facility of the Economic and Financial Crimes Commission, (EFCC), in the Federal Capital Territory, (FCT), Abuja, as ordered by an Abuja High Court, over his alleged involvement with the Malabu oil scam of over $1.1 billion, his lawyer, a Senior Advocate of Nigeria, SAN, Chief Mike Ozekhome,…

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Recommending cooperative federalism to Nigeria 

OPINION. By Olisa Agbakoba, SAN. Nigeria is a country of so many ethnic nationalities and so has been striving to evolve a workable framework that harmonises the often conflicting interests of these nationalities. As a result of our large population and territory, the most effective political system is federalism because it enables us to have diverse ways of organising ourselves. Many people say the 1963 Republican Constitution was the best ever because it allowed the different regions to express…

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No press freedom in Nigeria or anywhere in the world, by Swinton’s postulation

FREEDOM OF INFORMATION. “The man who pays the piper dictates the tune”, is a common saying in local and international parlance. Read what the former Chief of Staff to The New York Times, John Swinton said about press freedom and then judge for yourselves if there is anything called press freedom for journalists and other related practitioners. John Swinton, former Chief of Staff of the The New York Times, when asked to give a toast to the “free press”…

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