Lagos court jails man, fines company over N822m oil supply fraud

EFCC arraigns man, company over N336.9m fraud in Lagos

The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 1, Ikoyi, on Monday, June 29, 2026, arraigned Abdulkarim Muhammad Arome, and his company, Cresco Oil and Gas Limited before Justice O. A. Okunuga of the Lagos State High Court sitting in Ikeja over an alleged N336,993,863.35 (Three Hundred and Thirty-six Million, Nine Hundred and The post EFCC arraigns man, company over N336.9m fraud in Lagos appeared first on Dateline Nigeria.

N98.5bn patent suit: Court directs CBN, NIBSS, others to explore settlement

By Innocent Anaba LAGOS —A Federal High Court sitting in Lagos has encouraged parties in a high-stakes N98.5 billion patent infringement suit involving Enterprise Logistics Speciale Limited, the Central Bank of Nigeria, CBN, Nigeria Inter-Bank Settlement System Plc, NIBSS, and Avanage Nigeria Limited to explore an amicable settlement before proceeding with trial. The trial judge, [] The post N98.5bn patent suit: Court directs CBN, NIBSS, others to explore settlement appeared first on Vanguard News.

Oil Theft: Lawmakers Propose Special Court, Tougher Measures

The House of Representatives Special Committee on Crude Oil Theft has emphasised the need for a special court to try saboteurs and crude oil thieves wreaking havoc in Nigeria’s oil and gas sector, saying their activities undermine the country’s socio-economic development and national security. The Chairman of the Committee, Mr. Alhassan Ado Doguwa, and other [] The post Oil Theft: Lawmakers Propose Special Court, Tougher Measures appeared first on Voice of Nigeria.

EFCC arraigns two in Lagos over alleged N986m fuel supply fraud

The Economic and Financial Crimes Commission (EFCC) has re-arraigned two individuals and their companies before the Lagos State High Court in Ikeja over an alleged N986 million fuel supply fraud and the alleged diversion of additional funds. The defendants, Ajayi Edward Olushola and his company, Hola Jay Nigeria Limited, were re-arraigned alongside Hannah Nwaguzor Ify [] EFCC arraigns two in Lagos over alleged N986m fuel supply fraud

👨🏿‍🚀TechCabal Daily – Holcim’s billion dollar windfall

In today’s edition: Nigeria’s Central Bank fines 29 banks 9 million || CBN to penalise banks for cash shortages || Holcim to sell its Lafarge business for 1 billion || Nigerian BDCs to buy forex from authorised sellers

Find out more as FG sends message to Dangote, marketers on pricing

The federal government urged Dangote Refinery and fuel marketers to ensure falling global crude prices translate into fairer petrol prices for Nigerians nationwide.

Conakry : un Nigérian risque 5 ans et une amende 100 mille dollars dans une affaire de cocaïne

L’accusé Chizoba Anselem Ngwuoke, citoyen Nigérian, risque une peine de 5 ans de réclusion criminelle et une amende de 100 mille dollars dans une affaire de détention et de transport de cocaïne. Telles sont les peines requises à son encontre vendredi, 3 juillet 2026, par le procureur Issouf Fofana à l’audience criminelle du tribunal de [] The post Conakry : un Nigérian risque 5 ans et une amende 100 mille dollars dans une affaire de cocaïne first appeared on Guineematin.com.