Author: starconnect
Admin I Saturday, April 04.26 LAGOS, Nigeria – The former directors and owners of Union Bank did not just fail, they engineered a financial disaster. They manipulated reports, hid massive losses, diverted foreign loans and treated depositors’ money like a private wallet. Investigators uncovered billions of dollars in misconduct. These directors buried over ₦250 billion in losses, piled a $300 million foreign loan onto the bank without protection and then forced Union Bank to carry the burden. They even used the bank’s own funds to buy its shares, an outrageous betrayal of trust. It didn’t stop there. Over $100…
By SCM REPORTER LONDON — The Middle East teetered on the brink of total war last night as Iran launched a devastating multi-front offensive, claiming to have blasted a U.S. fighter jet out of the sky and crippled Western infrastructure across the Gulf. Defying claims from Washington that Tehran’s air defences had been neutralised, the Islamic Revolutionary Guard Corps (IRGC) declared they had “disintegrated” a hostile American aircraft over central Iran using a sophisticated new aerospace system. The downing of the jet is the opening salvo in what Tehran is calling “Operation True Promise 4,” a massive coordinated strike…
By SCM REPORTER A BENT prison officer who helped a ruthless gang flood a jail with drugs, burner phones, and porn has been caged for his part in a massive smuggling racket. Jason Thompson, 34, sold his soul for as little as £400 a package, acting as the “inside man” for a North London mob at HMP Isis. The corrupt screw was part of a “sophisticated” criminal network that used “unheard slang” and burner phones to sneak contraband past security during supervised visits. A major Met Police probe revealed the gang successfully pulled off 18 drop-offs in just five…
NICON Airways workers unpaid 19 years after court orders Admin I Friday, April 03.26 LAGOS – A coalition of more than 150 civil society organisations and advocacy groups has written an open letter to President Bola Ahmed Tinubu and United Nations Secretary-General António Guterres, requesting an urgent review of Senator Jimoh Ibrahim’s appointment as Nigeria’s Permanent Representative to the United Nations. The groups, which include Accountability Lab Nigeria, CLEEN Foundation, Yiaga Africa, the Nigerian Feminist Forum, and Women Radio 91.7, among dozens of others, cite unresolved legal judgments, ongoing court proceedings, and documented financial obligations as matters…
Admin I Friday, April 03.26 LAGOS, Nigeria – When President Bola Ahmed Tinubu walked through the halls of the Tate Modern to experience the Nigerian Modernism exhibition, it was a defining moment and one that speaks directly to Nigeria’s cultural renaissance, the rising power of its creative economy, and the broader trajectory of Africa’s development. At its core, the visit signals a shift in how Nigeria positions culture: not as a soft, peripheral asset, but as a central pillar of national identity, economic growth, and global influence. A Cultural Renaissance Reclaimed The Nigerian Modernism exhibition represents a generation of…
Admin I Friday, April 03.26 LAGOS, Nigeria – Leading financial institution, Fidelity Bank Plc, has announced the signing of a strategic partnership agreement with Aircraft Finance Germany (AFG) to advance the aviation sector in Nigeria and across Africa by both organisations. The agreement was formally executed by Mr. Christian Hatje, Managing Director, Business Aviation and SVP Commercial, representing AFG; and Mr. Stanley Amuchie, Executive Director and Chief Operations and Information Officer of Fidelity Bank Plc at a signing ceremony in Germany recently. Speaking at the signing ceremony, Mr. Christian Hatje stated, “This partnership marks a significant milestone in…
By SCM REPORTER I April 3, 2026 DONALD TRUMP has sensationally purged three of his most senior Army generals in a single afternoon, sparking fears that a massive ground invasion of Iran is imminent. In a move that has sent shockwaves through the Pentagon, the President summarily dismissed the Army Chief of Staff, the head of Training and Transformation Command, and the Chief of Army Chaplains. The brutal triple-firing—carried out by Defense Secretary Pete Hegseth on the President’s orders—marks the most significant military upheaval since the war began 32 days ago. The Purge The casualties of the “Thursday…
By SCM Staff Writer DONALD Trump has sensationally sacked his Attorney General Pam Bondi after she failed to satisfy his demands for a “bloody” crackdown on his political enemies. In a shock Truth Social blast, the US President confirmed the blonde firebrand is out of the top job at the Department of Justice—making her the second high-profile Cabinet casualty in just a month. Despite being one of the Don’s most loyal “MAGA” disciples, sources say Bondi was shown the door for being “too slow” to go after Trump’s rivals. She has also been under fire over a “shambolic” handling…
By SCM Online Reporter GENEVA — Iran’s Foreign Minister, Sayyed Abbas Araghchi, has launched a blistering verbal assault on the United States and Israel, accusing the two nations of waging a “brutally ruthless” and “illegal war” against his country. Speaking at an emergency session of the UN Human Rights Council, a defiant Araghchi claimed that Iran is currently the victim of an unjustified invasion by “two nuclear-armed aggressor regimes” intent on systematic destruction. The emergency session was sparked by a strike on the Shajareh Tayyebeh School in Minab. Araghchi used the platform to present a “terrifying reality check,” alleging that…
Admin I Friday, April 03.26 LAGOS, Nigeria – The Lagos State Government has reaffirmed its commitment to building a globally competitive, knowledge-based economy through sustained investment in human capital development. Speaking at the launch of the Lagos Economic Development Update, LEDU 2026 held at Lagos Marriott Hotel Ikeja, the Deputy Governor of Lagos State, Dr. Obafemi Hamzat, said the state is prioritising the training of thousands of residents in digital and technical skills to meet global demand. The LEDU 2026 launch is the third edition which provides a comprehensive framework for strengthening economic stability, enhancing productivity, and driving inclusive…
