Alleged $65m Fraud: Court Cautions Ex-FMBM CEO Against Frivolous Adjournment

The Federal High Court in Abuja has cautioned Mr Gimba Ya’u, former Managing Director and Chief Executive Officer (MD/CEO), Federal Mortgage Bank of Nigeria (FMBN), against frivolous adjournment in the 65 million-dollar fraud trial. Justice James Omotosho gave the warming following an oral application seeking for an adjournment by Benjamin Ogar, the lawyer who appeared…

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Poly Student Matcheted To Death In Ondo

Assailants have macheted to death a newly-admitted student of mass communication at Rufus Giwa Polytechnic, (RUGIPO), Owo, on Tuesday in Ondo State. The student, identified as Oluwaseun Adeleye, was killed at Opomulero Street in Owo, Owo Local Government Area of Ondo State. A student of the institution, who spoke under anonymity on Wednesday, said that…

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“Prison Break: Seven Inmates Escape After Rain-Soaked Wall Collapse in Osun”

The Nigerian Correctional Service (NCoS) has launched a manhunt for seven inmates who fled from the Medium Security Custodial Centre in Ilesa, Osun, following the collapse of the facility’s perimeter wall due to heavy rainfall. In a statement released on Tuesday in Abuja, NCoS spokesman Abubakar Umar confirmed the incident. He stated that the Controller…

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ASUU Urges Implementation Of Yayale Ahmed Report To Avert Strike

University lecturers in Nigeria have warned of renewed strikes unless the federal government moves swiftly to implement reforms recommended by the Yayale Ahmed report, submitted in February after years of negotiations. The Academic Staff Union of Universities (ASUU), Ibadan Zone, issued the warning on Monday, accusing the government of employing “delay tactics” and ignoring agreements…

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President Barrow Pledges Support For ECOWAS’ Banjul-Barra Bridge Project

President Adama Barrow of The Gambia has pledged his support for ECOWAS’ proposed Banjul-Barra Bridge initiative, describing it as a critical infrastructure that would engender massive development in the subregion. Barrow stated this when he received ECOWAS Commissioner for Infrastructure, Energy and Digitalization, Sediko Douka, who led a high-level delegation to him in Banjul, on…

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FirstBank Rolls Out Merchant Payment Platform Amid Digital Shift

Nigeria’s First Bank has launched FirstMonie Merchant Solution, a digital payment platform aimed at strengthening the country’s cashless economy and supporting businesses of all sizes. The service, unveiled on Wednesday, provides merchants with automated onboarding, instant settlements, and integrated dispute resolution — features designed to improve liquidity and cut chargeback risks. It also comes with…

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