The former Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has reportedly refunded a whopping N4 trillion to the coffers of the Federal Government stolen while he was the at the helm of affairs of the Apex Bank. According to a source close to the investigators, besides reportedly returning N4 trillion, Emefiele also allegedly gave up ownership of six banks linked to him. In a related development, the source revealed that a former CBN Deputy Governor, Tunde Lemo, also reportedly refunded $500 million embezzled taxpayers’ money. The most shocking of all, however, was the discovery of $275 million in…
Author: Adetutu Audu
The National Drug Law Enforcement Agency (NDLEA) says it will seek the forfeiture of Proxy Night Club, Victoria Island, Lagos, after raiding the venue during an alleged dr¥g party over the weekend. In a statement by its spokesperson, Femi Babafemi, the agency warned nightclub owners, event centres, and property managers against hosting drug-related gatherings, saying they risk losing their assets to the Federal Government if found complicit. The NDLEA confirmed the arrest of Lagos socialite, Mike Eze Nwalie Nwogu, popularly known as Pretty Mike, along with over 100 guests during the midnight raid. The operation followed intelligence that the club…
Nigeria’s NIPCO Plc, controlled by Indian billionaire Ramesh Kansagra, is acquiring about 19% of London-listed Savannah Energy Plc, strengthening its presence in West Africa’s energy sector. The deal, valued at around £28.7 million ($36.2 million), includes both new shares and secondary market purchases. Once completed, NIPCO will hold roughly 19.4% of Savannah’s enlarged share capital. Savannah Energy, through its Accugas network, supplies gas to a major portion of Nigeria’s thermal power plants via a 200 MMscf/d facility and a 260 km pipeline system. This stake gives NIPCO and the Kansagra family strategic exposure to Nigeria’s expanding gas infrastructure and revenues…
The Lagos State Government on Tuesday, 28 October, 2025, urged all residents to key into the State waste to wealth initiative to promote a circular economy, which includes the reduction of the quantum of wastes that end up at landfills, the reuse of waste and the recycling of waste materials for a sustainable environment. The state Commissioner for the Environment and Water Resources Mr. Tokunbo Wahab stated this when he featured on Arise Television, saying the state government is determined to build a waste management culture which everyone must imbibe for good environmental sanitation. He said the state officials are…
Armed police officers on Tuesday, 28 October, 2025 sealed the Lagos headquarters of Nestoil Limited following a Federal High Court order permitting First Bank of Nigeria and its subsidiary, FBNQuest Merchant Bank, to take over the company’s assets over an alleged multibillion-dollar debt default. The enforcement came after Justice D. I. Dipeolu of the Federal High Court, Lagos, on October 22, 2025, granted a Mareva injunction against Nestoil, its affiliate Neconde Energy Limited, and their principal promoters, Ernest Azudialu-Obiejesi and Nnenna Obiejesi. According to court documents certified by Deputy Chief Registrar Longs G. Longwa, the police were directed to assist…
British boxer and YouTuber Ryan Taylor has stirred controversy online after making new allegations about his former fiancée, DJ Cuppy, claiming that during their time together, she “didn’t like people from her country.” Ryan, who got engaged to the billionaire heiress and disc jockey in late 2022, made the statement while responding to fans’ comments under his recent social media post. The former couple, who parted ways in 2023, have both publicly spoken about their relationship struggles at different times. In one of his posts, Ryan hinted that his relationship with Cuppy was marked by cultural differences and personal misunderstandings,…
When Zlatan Ibile became a father at just 25, it wasn’t fame or awards that defined him, it was fear. The rapper, known for his energetic street anthems and bold personality, opened up about how welcoming his son five years ago completely reshaped his life and mindset. In a recent episode of ‘Is This A Safe Space? podcast, Zlatan shared that fatherhood came with both joy and panic. He admitted that he wasn’t fully prepared for the sudden responsibilities that came with being a dad : paying rent in London, providing for his child, and managing the uncertainty of fame.…
The US government has permanently revoked the visa of Nobel laureate, Prof. Wole Soyinka. Leadership reports that Soyinka disclosed this at a media parley held in Lagos on Tuesday, 28 October, 2025. He said that he received the letter of Visa revocation last Thursday, 23 October, 2025, and that the development seemed like being witch-hunted because of his stance against the policies of US President Donald Trump. Recall that in December 2016, the renowned author, poet and playwright tore his Green Card after Trump’s electoral triumph for his first term in office. Speaking at the media parley held at the…
Today, I join my longtime friend and political ally, Senator Abu Ibrahim, in celebrating the significant milestone of his 80th birthday on October 28, 2025. Abu has been more than a friend. He is my brother. Since we first met in the Senate chambers in 1992, during the aborted Third Republic, our friendship has only grown deeper and stronger. Senator Ibrahim represented his Katsina South Senatorial District under the defunct National Republican Convention, while I represented Lagos West Senatorial District under the defunct Social Democratic Party. Our friendship and political partnership, rooted in shared ideals of justice, good governance, and…
Comedian and TV host Teju Oyelakin, popularly known as Teju Babyface, has shared his candid experience about relocating to the United States, describing it as a journey filled with unexpected challenges. Speaking on his YouTube channel, the comedian said many people mistakenly believe life automatically becomes easier when they move abroad. He explained that every environment comes with its own struggles, often unseen from afar. “We all tend to suffer from what I call the ‘grass is greener on the other side’ syndrome,” he said. “From where we stand, another place always looks better—greener, more promising. But we usually don’t…