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By SCM Finance Correspondent ABUJA — Nigeria’s principal anti-corruption agency, the Economic and Financial Crimes Commission (EFCC), has arraigned the Managing Director of Viscount Microfinance Bank on charges of multi-currency fraud and illegal conversion of investor funds. Blessing Gozi-Anyaokei appeared before Justice Y. Halilu at the Federal High Court in Maitama, Abuja, following allegations that she misappropriated millions of naira and tens of thousands of US dollars entrusted to her for investment. The prosecution claims that in 2022, Gozi-Anyaokei was entrusted with 19 million naira and $30,000 by an investor, Ernest Terkula Jor. Instead of deploying the capital into…
Benjamin Omoike I Friday, May 15.2026 LAGOS, Nigeria – Lagos State Government has disclosed that its food hub initiative recorded transactions worth over ₦3.8 billion as the state moves to expand structured agro-produce markets across strategic locations. Commissioner for Agriculture and Food Systems, Ms. Abisola Olusanya, revealed this during the 2026 Ministerial Press Briefing held at the Bagauda Kaltho Press Centre, Alausa, Ikeja, on Friday. Olusanya said the Lagos Fresh Food Hub at Idi-Oro, Mushin, had continued to deliver strong economic impact by improving food aggregation, strengthening farmer-to-market linkages and creating employment opportunities. According to her, the state had…
Admin I Friday, May 15. 2026 LAGOS Nigeria – Lagos State Government has intensified efforts to transform agriculture into a multi-trillion-naira economic sector, unveiling major infrastructure and market reforms aimed at strengthening the state’s N16.14 trillion food economy. Speaking during the 2026 Ministerial Press Briefing held at the Bagauda Kaltho Press Centre in Alausa, on Friday, the Commissioner for Agriculture and Food Systems, Ms. Abisola Olusanya, said the state was shifting from isolated agricultural interventions to a coordinated food systems economy driven by infrastructure, logistics, technology and private-sector investment. Olusanya said the government’s strategy goes beyond food production to include…
Admin I Friday, May 15, 2026 LAGOS, Nigeria – Mrs. Amaka Onwughalu, Chairman of the Board of Directors of Fidelity Bank Plc, has emerged winner in the “Women on Bank Boards” category at the Africa Women in Banking and Finance Conference and Awards (AWBFA 2026). The event, themed “Redefining Women’s Leadership in African Finance”, held at the Lagos Marriott Hotel Ikeja on Friday, 8 May 2026, is a platform established to celebrate women driving leadership and impact across Africa’s financial services ecosystem. It also spotlights professionals whose contributions are often overlooked, while advancing visibility for women shaping banking and…
Admin I Friday, May 15.2026 ABUJA, Nigeria – Newly-appointed Head Coach of the U20 men national team, Abdu Maikaba has picked Coaches Ortega Deniran (first assistant), Abdullahi Biffo (second assistant) and Usman Mohammed (goalkeepers’ trainer) to work with him in building a new Flying Eagles’ squad that will make Nigeria proud. Maikaba, who previously worked as assistant coach of two-time FIFA World Cup silver-medallists Flying Eagles, and also managed several of Nigeria’s leading clubs, made known his list on Thursday, just as his team is set to resume camp in Abuja on Sunday, 17th May, with preparations to begin…
By Our Lifestyle Editor LAGOS – For years, he was the face of composure, the man with all the answers under the studio lights. But today, the polished veneer of TV legend Frank Edoho has been shattered by a series of explosive allegations from his wife, Sandra. In a raw and unfiltered testimony that has sent shockwaves through social media, Sandra has laid bare a marriage defined not by luxury and love, but by what she describes as “surviving” a decade of systematic abuse, infidelity, and financial exploitation. The dam broke following the leak of a private video involving…
Admin I Thursday, May 14.2026 LAGOS, Nigeria – Picture this: it is payday, and you need to transfer money to a loved one or pay a utility bill. In the past, that meant rushing to the bank, standing in long queues, and hoping you’d finish before closing time. For many Nigerians, this was the reality: time-consuming, stressful, and inconvenient. But times have changed. In today’s digital era, mobile banking has become more than a convenience, it is a necessity. With mobile banking apps, you can manage your finances securely, instantly, and from anywhere. That’s where FirstMobile, FirstBank’s official mobile…
Health Secretary Sensationally Quits as Starmer’s Leadership ‘Crumbles’ By POLITICAL EDITOR WESTMINSTER was rocked to its core last night as Wes Streeting sensationally resigned from the Cabinet, delivering a blistering parting shot that branded Sir Keir Starmer a “vacuum” where a leader should be. In a move that has sent shockwaves through the Labour Party and left Number 10 reeling, the Health Secretary—once seen as the ultimate loyalist—declared it would be “dishonourable” to spend another second serving under a Prime Minister he claims has lost his way. The bombshell resignation letter, hand-delivered to Downing Street, didn’t just burn bridges—it…
BY OUR MARITIME CORRESPONDENT LONDON — A MAJOR international shipping crisis has erupted in the Gulf of Oman after a merchant vessel was stormed and hijacked by armed commandos just miles from the coast of the United Arab Emirates. The United Kingdom Maritime Trade Operations (UKMTO) confirmed this morning that the vessel was seized 38 nautical miles northeast of Fujairah, a critical global shipping hub. According to high-level security reports, “unauthorized personnel” boarded the ship while it was at anchor, forcing the crew to weigh anchor and steer the vessel into Iranian territorial waters. The brazen hijacking took place…
BEIJING, May 14, 2026 – BY OUR POLITICAL EDITOR THE WORLD held its breath Wednesday as Donald Trump and Xi Jinping sat down for a high-stakes showdown in Beijing, with the Chinese leader warning that humanity has reached a terrifying “crossroads.” In a dramatic summit at the Great Hall of the People, President Xi told a nodding Donald Trump that the globe is facing “turbulence” not seen in a century. But in a boost for world peace, the two “strongmen” promised to stop their countries from sinking into a “trap” of total war. The meeting—the first of four planned…