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EFCC to arraign Emefiele,1 other in Lagos court Monday

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EFCC to arraign Emefiele,1 other in Lagos court Monday

The Economic and Financial Crimes Commission (EFCC) will on Monday (April 8) arraign the embattled former Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, before Justice Rahman Oshodi of the Special Offences Court, for alleged abuse of office.

Emefiele will be arraigned alongside one Henry Omoile before Oshodi on a 26-count bordering on  abuse of office, accepting gratification, accepting gifts through agents, corruption, and fraudulent property receipt.

The former CBN governor was also alleged of conferring corrupt advantage on his associates contrary to the Corrupt Practices Act of 2000.

The charge sheet, marked ID/23787c/2024, was dated April 3 and was filed by Mr Rotimi Oyedepo (SAN).

One of the counts stated that Emefiele allegedly committed abuse of office between 2022 and 2023, in Lagos, an offence punishable under Section 73 of the Criminal Law of Lagos State, 2011.

Another count alleged that Emefiele directed to be done in abuse of the authority of his office, as the Governor, Central Bank of Nigeria, an arbitrary act, to wit: allocating foreign exchange in the aggregate sum of $2.2 billion without bids.

Also, it was alleged that Emefiele abused the authority of his office  by allocating foreign exchange in the aggregate sum of $291 million  without bids, which act was prejudicial to the rights of Nigerians.

Emefiele’s co-defendant was alleged to have acted as an agent and accepted from Raja Punjab through Monday Osazuwa, the total sum of $110,000, for the ex-CBN as a reward for allocating foreign exchange by the Central Bank in favour of Raja Punjab’s employer.

EFCC to arraign Emefiele,1 other in Lagos court Monday

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NGX boss restates commitment to gender equality

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NGX boss restates commitment to gender equality

The Group Chairman Nigerian Exchange Group, Dr. Umaru Kwairanga has restated the NGX’s commitment to gender equality and diversity at all levels of the organisation.

Kwairanga stated this in Lagos on Tuesday while delivering his welcome address on the occasion of the closing ceremony in honour of the Honourable Minister of Women Affairs and Social Development, Hajiya Imaan Sulaiman-Ibrahim, who visited the floor of the Nigerian Exchange.

He stated that the Nigerian Exchange Group as an organisation remained committed to inclusiveness that drive growth and development at all levels of the NGX’s dealings.

He stated that through such inclusive representation, the NGX has achieved near parity at the board levels of the organisation and was working to improve the representation of female employees down the line.

“As an institution committed to sustainable growth and practices, we recognise the important qualities and values that women bring to the workplace and know that they perform just as well, if not better than men.

“It is a tradition in finance and investment that can be traced to the origins of the banking, finance and investment professions when most of the trade guilds that evolved into those professions were largely composed of men.

“The tradition has persisted for hundreds of years but despite that nomenclature, let me assure you that the investment and securities sector is very welcoming to and open to city gentlemen who are female.

“Women are very well represented at all levels of our industry and I can confide in you that the next President of the Chartered Institute of Stockbrokers is going to be a woman,” he said.

Kwairanga stated that the NGX would partner with the Ministry to accelerate progress for women’s rights and improve the lot of female gender across the country.

He commended Sulaiman-Ibrahim for her several bold and innovative initiatives that would have positive impact on women and the country as a whole.

NGX boss restates commitment to gender equality

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Benue troops neutralize one terrorist, arrest four suspects in Gwer West LGA

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Benue troops neutralize one terrorist, arrest four suspects in Gwer West LGA

By: Zagazola Makama

Troops of Sector 1 Operation Wirld Stroke deployed at FOB Bilawa-Jor conducted a fighting patrol within Mbapa and Mbabuande general areas on March 23, 2026.

During the operation, troops made contact with terrorists, neutralizing one suspect while others fled.

Following a pursuit, four additional suspects were apprehended and are currently in the custody of security forces for further investigation and prosecution.

In a similar development the troops
recovered a vehicle carrying two cows abandoned by suspected cattle rustlers in Uhemba.

The incident occurred at about 0348hrs on March 24, 2026, when the troops responded to intelligence reports of rustling activities in the area.

Upon the arrival of troops, the suspects fled, leaving behind the vehicle and livestock.

The recovered vehicle and cows are now in the custody of the troops for further investigation and legal action.

Military continue to urge the public to provide timely information on criminal activities to support ongoing security efforts.

Benue troops neutralize one terrorist, arrest four suspects in Gwer West LGA

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Kogi troops neutralize suspected terrorist in Kabba/Bunu LGA

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Kogi troops neutralize suspected terrorist in Kabba/Bunu LGA

By: Zagazola Makama

Troops of 12 Brigade have neutralized a suspected terrorist during a fighting patrol at Odoape–Adankolo Forest in Kabba/Bunu LGA.

The encounter occurred at about 1400hrs on March 23, 2026, when the patrol team made contact with the fleeing suspect.

Preliminary investigation identified the neutralized individual as a notorious terrorist involved in providing intelligence and targets for kidnappings, as well as participating in cattle rustling and supplying logs to terrorist groups.

The military has reaffirmed its commitment to sustaining aggressive patrols and intelligence-led operations to curb criminal activities and protect residents in the area.

Kogi troops neutralize suspected terrorist in Kabba/Bunu LGA

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