Presidential jets: Ex-Ogun Govs Unite Against Chinese Company, Tag Firm Scammer 

Two former governors of Ogun State, Ibikunle Amosun and Gbenga Daniel, have vowed to support Federal Government’s efforts to recover the national assets seized by a French court. A Chinese firm, Zhongshan Fucheng Industrial Investment Company Limited, had got judgment from the court, which led to the seizure of three presidential jets– a Dassault Falcon…

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Alleged ₦80.2bn Fraud: EFCC Kicks As Yahaya Bello Seeks Medical Travel Abroad 

The Economic and Financial Crimes Commission, EFCC, on Thursday, June 27, 2025, opposed an application filed by former Kogi State Governor, Yahaya Adoza Bello, seeking leave of court to travel abroad for medical treatment. The application was presented before Justice Emeka Nwite of the Federal High Court, Maitama, Abuja, during the resumed hearing of Bello’s…

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US Court Sentences 5 Nigerians To Over 159 Years Jail Term In $17 Million Fraud Case

A United States District Court in Sherman, Texas, has sentenced five Nigerian nationals to nearly 160 years in jail over their involvement in a multi-million-dollar fraud scheme that obtained from at least 100 individual victims, companies, and government entities from across the world. The announcement was made by the U.S. Attorney’s Office, Eastern District of…

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Fitch Upgrades Nigeria’s Credit Rating To Stable, Cites Confidence In Tinubu’s Reforms 

Fitch, a global rating agency, has reviewed Nigeria’s long-term foreign-currency issuer default rating (IDR) from negative to stable. IDR is an entity’s relative vulnerability to default (including by way of a distressed debt exchange) on financial obligations. In a statement on Friday, the agency said Nigeria’s outlook was revised to B’, from ‘B-‘. “The upgrade…

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