Author: TheLagosianMagazine

By Peter Omopo  Abuja, July 10, 2025 — The Economic and Financial Crimes Commission (EFCC) has confirmed the recovery of funds linked to the collapsed CBEX investment scheme, with the process for final forfeiture now underway. EFCC Chairman, Mr. Ola Olukoyede, made the disclosure on Thursday during an event commemorating Africa Anti-Corruption Day in Abuja. He stated that several individuals connected to the fraudulent cryptocurrency and investment platform have been arrested and are currently being prosecuted. CBEX, a now-defunct virtual investment scheme, is alleged to have defrauded over 600,000 Nigerians of approximately ₦1.3 trillion before its collapse in April 2025.…

By Peter Omopo  Abuja, July 10, 2025 — Vice President Kashim Shettima has revealed that he was the “most demonised” public official during the final years of the Goodluck Jonathan administration, citing efforts allegedly made at the time to remove him as Governor of Borno State. Shettima made the disclosure on Thursday in Abuja during the public presentation of a new book by former Attorney General of the Federation, Mohammed Bello Adoke, titled OPL 245: Inside Story of the $1.3bn Nigeria Oil Block. Reflecting on the turbulent political climate of the time, Shettima recounted how former President Jonathan allegedly considered…

By Peter Omopo  Lagos, July 10, 2025 — The Economic and Financial Crimes Commission (EFCC) has filed criminal charges against gospel music executive Ezekiel Thankgod, popularly known as Eezee Tee, over the alleged misappropriation of $443,371 belonging to renowned gospel artistes Mercy Chinwo and Judith Kanayo, popularly known as Judikay. Thankgod, the founder of Eezee Global Concepts and former manager of both artistes, is facing a three-count charge alongside his record label before the Lagos State Special Offences Court sitting in Ikeja. The charges, filed under Suit No. ID/25810c/25, were brought by a team of EFCC prosecutors led by Rotimi…

Osogbo, July 9, 2025 — A political advocacy group based in Osun State, the Osun Democrats for Democracy (ODD), has called on Governor Ademola Adeleke to formally join the All Progressives Congress (APC) in a move it describes as critical to ensuring continued development in Osun State and consolidating national support for President Bola Ahmed Tinubu. n a press statement issued Tuesday evening in Osogbo and signed by the group’s Director of Publicity, Comrade Adeoye Fasipe, the ODD urged Governor Adeleke, currently of the opposition Peoples Democratic Party (PDP), to consider the broader political landscape and make what the group…

Osogbo, July 9, 2025 — A political advocacy group based in Osun State, the Osun Democrats for Democracy (ODD), has called on Governor Ademola Adeleke to formally join the All Progressives Congress (APC) in a move it describes as critical to ensuring continued development in Osun State and consolidating national support for President Bola Ahmed Tinubu. n a press statement issued Tuesday evening in Osogbo and signed by the group’s Director of Publicity, Comrade Adeoye Fasipe, the ODD urged Governor Adeleke, currently of the opposition Peoples Democratic Party (PDP), to consider the broader political landscape and make what the group…

By Peter Omopo  Abuja, July 9, 2025 — The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has called on the National Assembly to urgently pass legislation that would criminalise the possession of unexplained wealth in Nigeria. Speaking at the National Conference on Public Accounts and Fiscal Governance held in Abuja on Wednesday, Olukoyede stressed that the ongoing fight against corruption remains hampered by legal loopholes that protect individuals with assets grossly disproportionate to their legitimate income. “Help me pass the Unexplained Wealth Bill. I’ve been begging for the past year. This same bill was thrown…

By Peter Omopo  Benin City, July 9, 2025 — The National Business and Technical Examinations Board (NABTEB) has revealed that only 39 percent of candidates who sat for the 2025 entrance examination into Federal Technical Colleges (FTCs) scored 50 percent and above. The board’s Registrar and Chief Executive Officer, Dr. Aminu Mohammed, made this known on Wednesday in Benin during the official announcement of the results and the commencement of the three-day selection and placement exercise for successful candidates. According to Mohammed, a total of 24,074 candidates took part in the National Common Entrance Examination. Of this number, 9,389 candidates…

By Peter Omopo  Abakaliki, July 9, 2025 — The Ebonyi State House of Assembly has extended its fiscal oversight responsibilities to the Ministry of Commerce and Industry, as part of ongoing efforts to strengthen transparency and accountability in the state’s budget implementation. Chairman of the House Committee on Public Accounts, Chief Godwin Abiri, made this known on Wednesday in Abakaliki during an official oversight visit to the ministry. Abiri, who represents Izzi West Constituency, said the committee’s move aligns with its constitutional mandate to track government expenditures and ensure ministries, departments, and agencies (MDAs) comply with the provisions of the…

By Peter Omopo  Abuja, July 9, 2025 — The Federal Government of Nigeria has expressed strong concern over the recent decision by the United States to tighten visa restrictions for Nigerian citizens, calling for a reconsideration of the policy in the spirit of mutual respect and longstanding diplomatic ties. The U.S. government recently announced a revision to its visa reciprocity schedule for Nigeria, reducing the validity period of several categories of non-immigrant visas — including B1/B2 (business and tourism), F (student), and J (exchange visitor) — to just three months with a single entry, down from longer validity periods previously…

Operatives of the Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, have commenced investigation of one Rajesh Kumar arrested by the Nigeria Customs Service, NCS, for allegedly failing to declare the sum of $29,000( Twenty Nine Thousand United States Dollars). Kumar was intercepted by Customs operatives during a routine check on Wednesday, July 7, 2025 at Murtala Muhammed International Airport, Ikeja, Lagos. Upon arrest, the suspect, who was scheduled to travel to India,claimed he had only $6,000 on him. During the handing over of the suspect, the Area Comptroller in charge of the NCS at the…