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Alleged N600m agribusiness fraud: Court revokes bail over forged medical report

An Ikeja Special Offences Court on Tuesday revoked the bail of agrorite promoter, Toyosi Ayodele, for presenting a forged medical report in an attempt to obstruct trial proceedings.
 Ayodele is facing charges of N600 million and $50,000 agribusiness investment fraud.
 The defendant, alongside his companies, Reaprite Global Ltd., and Agrorite Ltd., is facing an 11-count…

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EFCC Arraigns Bigibet Promoter, Firm for Alleged N855m Investment Fraud in Lagos

The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, Wednesday, arraigned one Adepoju Emmanuel Abiodun, promoter of Bigibet, before Justice O.A. Okunuga of the State High Court sitting in Ikeja, Lagos. Abiodun and his company, Nobelsteed Nigerian Limited, are being prosecuted on a 10-count charge bordering on stealing and obtaining under…

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Ninth Tokyo International Conference on African Development Holds in August

The Ninth Tokyo International Conference on African Development (TICAD 9) is scheduled for Wed. 20th – Fri. 22nd August 2025 in Yokohama, Japan. Established by Japan in 1993, TICAD is a premier international summit dedicated to African development, serving as a vital platform bringing together African countries, Japan, co-organizers (the United Nations, UNDP, World Bank,…

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China Supports Conviction of Chinese Nationals for Telecommunications and Online Fraud in Nigeria

…Expresses Willingness to Collaborate with Nigeria to Strengthen War on Cybercrime Volunteer to Strengthen Collaboration China has expressed its position on recent conviction of some Chinese nationals by Nigerian court over involvement in fraudulent practices, stating support for Nigeria’s efforts to combat telecommunications and online fraud. China also expressed its stand by Nigeria to strengthen…

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Tinubu Commits to Strengthening Bilateral Relations with Vietnam

President Bola Tinubu has reiterated Nigeria’s commitment to deepening bilateral relations with Vietnam, particularly in trade, investment, energy, mining, resource sustainability, infrastructure, and climate change action. He stated this during a meeting with Vietnamese Prime Minister Pham Minh Chinh, on the sidelines of the just concluded BRICS meeting in Rio de Janeiro, Brazil. A statement…

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