First Bank

Thursday, June 30, 2016

Anxiety, Tension & Increased Security In Abia As Uche Ogah Receives Certificate Of Return From Inec As Gov Elect

The Police have stepped up security around the Abia Government House in Umuahia, following report of the issuance of Certificate of Return to Dr Uche Ogah as Governor-elect of the State.

‘’I Surrender’’ Olisa Metuh Gives Up Legal Fight, Declares Willingness To Refund N400m From Dasuki

The immediate past National Publicity Secretary of the Peoples Democratic Party( PDP), Chief Olisa Metuh on Thursday said he was prepared to pay back  his share of N400million out of the $2.1billion cash meant for arms.

Tuesday, June 28, 2016

Allegations Of Running A Blackmailing & Extortion Cartel And Other Reasons President Buhari Ordered Arrest Of Close Ally Mohammed Umar

President Muhammadu Buhari ordered the arrest of a key member of the panel investigating the mismanagement of public funds meant for the war against Boko Haram after receiving damning reports that he was involved in alleged money laundering and illegal possession of firearms, reliable security and presidency sources have told

Money Man Ifeanyi Ubah’s Capital Oil Shut Down!

The Federal Inland Revenue Service (FIRS) on Monday shut down tax defaulting companies in Lagos State and Imo State. In Lagos, the premises of Capital Oil Plc, owned by business mogul and politician Ifeanyi Ubah, was sealed by the FIRS enforcement team, led by Mrs. Anita Erinne. The staff of the company, which reportedly owes N30 million, were also evicted from the premises.

Capital Oil management told FIRS officials that they were ready to pay its tax liabilities. However, FIRS officials said it was not possible because normal banking hours had ended and that they now had to shutter the gates.

Abiodun Alegbe, Close Associate Who Allegedly Received Huge Public Funds For Gov Ayo Fayose From Ex Minister Musilu Obanikoro Arrested!

Abiodun Agbele, a close aide of Governor Ayodele Fayose has been arrested, insiders at the Economic and Financial Crimes Commission have told

Zenith Bank Chairman, Jim Ovia, Folorunsho Alakija, Femi Otedola, Tony Elumelu, Aliko Dangote Break Fast With President Muhammadu Buhari.

Zenith Bank Chairman, Jim Ovia, Folorunsho Alakija, Femi Otedola, Tony Elumelu, Aliko Dangote Break Fast With President Muhammadu Buhari.

Monday June 27 2016, Zenith Bank Chairman, Jim Ovia and a couple of high profile business people observed the breaking of Ramadan Fast with President Muhammadu Buhari.

Monday, June 27, 2016

AMCON, Other Creditors Gun For Globacom Chairman, Mike Adenuga To Recoup Mega Debt

ConOil, owned by Nigeria’s second richest man, is being pursued for a combined debt of over $140.5 million by two foreign and one local companies, PREMIUM TIMES has learned.

Despite making several pledges to pay, ConOil and other companies owned by Mr. Adenuga have reneged on paying the debts, multiple sources in the oil and gas sector have told this newspaper.

Things have got so bad that some of the creditor companies have either commenced or are considering commencing legal actions to force the billionaire businessman to pay up having exhausted all options to make him honour promises and agreement to pay.

After Lavishing Stolen Money On 4 Women, Luxury Cars Nigerian Pastor Kayode Samuel Jailed For 9yrs Over For £150,000 Theft And £3.95million Fraud

A Nigerian accountant and part-time pastor in the United Kingdom, Samuel Kayode, has been sentenced to nine years in prison for stealing £4.1million.

Kayode was sentenced on Friday by Woolwich Crown Court in South London for defrauding Haberdashers’ Aske’s state schools in the UK.

After Lavishing Stolen Money On 4 Women, Luxury Cars Nigerian Pastor Kayode Samuel Jailed For 9yrs Over For £150,000 Theft And £3.95million Fraud

A Nigerian accountant and part-time pastor in the United Kingdom, Samuel Kayode, has been sentenced to nine years in prison for stealing £4.1million.

Kayode was sentenced on Friday by Woolwich Crown Court in South London for defrauding Haberdashers’ Aske’s state schools in the UK.

Thursday, June 23, 2016

Gov Ayo Fayose Clutches At Last Straw In Damning Allegations By E.F.C.C, Goes On Mudslinging Spree

Governor Ayodele Fayose is fighting tooth and nail to dislodge allegations of involvement in sharing of security funds now famously known as Dasuki Money.

And his strategy is without borders sources confirmed.

The Ekiti state helmsman's has turned allegations that has resulted into the freezing of his bank accounts into mudslinging contest.

Wednesday, June 22, 2016

No Building Permit For Collapsed Synagogue Building That Killed Many

A former Lagos State Commissioner for Physical Planning and Urban Development, Olutoyin Ayinde, on Tuesday told an Ikeja High Court that the auditorium of the Synagogue Church of All Nations (SCOAN) did not have a valid building permit.

‘’ It Is Laughable To Say Anyone In Nigeria Can Seize My Property..A Day Dream’’

Embattled Billionaire, Jimoh Ibrahim has reacted to reports the Assets Management Company as secured a court order to take over his properties over unpaid debt.

‘’Unchained Mad Dog’’ Aisha Buhari Slams Gov Ayo Fayose Over Linkage To Bribery Scandal That Earned Us Congress Man, Williams Jefferson Jail Term

Wife of the President, Mrs Aisha Buhari has reportedly described Ekiti State governor, Ayo Fayose as an unchained mad dog, who is only out to rubbish President Buhari’s efforts.

‘’Unchained Mad Dog’’ Aisha Buhari Slams Gov Ayo Fayose Over Linkage To Bribery Scandal That Earned Us Congress Man, Williams Jefferson Jail Term

Wife of the President, Mrs Aisha Buhari has reportedly described Ekiti State governor, Ayo Fayose as an unchained mad dog, who is only out to rubbish President Buhari’s efforts.

Tuesday, June 21, 2016

Bank Of Industry Acting M.D, Waheed Olagunju Narrowly Escape Arrest As EFCC Raids Lagos Office Over Illegal Sale Of Shares, Properties

The Economic and Financial Crimes Commission (EFCC), yesterday raided the Lagos office of the Bank of Industry (BOI), following discreet investigation it had been conducting.

Although details of the raid were still

Dumebi Kachikwu Identified As Conspirator In Bribery, Racketeering And Money Laundering Case That Bought Disgraced U.S Congressman, William J Jefferson 13yrs Jail In Jail

Dumebi Kachikwu, younger brother of Nigeria Oil minister, Ibe Kachikwu was involved in bribery, racketeering and money laundering with disgraced US Congressman, William J. Jefferson.

William J. Jefferson was convicted in 2009, and  is currently serving a 13 years jail term for using his office to try to enrich himself and relatives through a web of bribes and payoffs involving business ventures in Africa.

Unpaid Debt! Amcon Takes Over Former Gov Idris Wada’s Companies, Court Orders Directors To Declare Fixed And Floating Assets Anywhere In Nigeria!

Following an interim order of a federal high court in Lagos, the Asset Management Company of Nigeria (AMCON) through its appointed receiver/manager, Chief Robert Ohuoba has taken over the business, trading activities and all fixed and floating assets of firms belonging to a former governor of Kogi State, Idris Wada over an alleged unpaid debt.

The affected firms are

Oil Baron, Jide Omokore, Oil Mogul David Mbanefo & Former NNPC Bosses Andrew Yakubu, Abiye Memnere, Victor Briggs Get July 4 Arraignment Date For Four Count Money Laundering Charge

The Economic and Financial Crimes Commission will on July 4 arraign before a Federal High Court, Abuja, Mr. Jide Omokore, an ally of a former Minister of Petroleum Resources, Diezani Alison-Madueke.

The EFCC has already filed four counts of money laundering against a former Group Managing Director of the Nigerian National Petroleum Corporation, Andrew Yakubu; ex-Director of the NNPC, Abiye Memnere; ex-Managing Director, Nigerian Petroleum Development Company Limited, Victor Briggs; and oil mogul David Mbanefo.

Monday, June 20, 2016

Court Gives AMCON Order To Take Over Billionaire Jimoh Ibrahim’s Assets Over N50b Debt

A Federal High Court in Lagos has granted an interim injunction to the Asset Management Corporation of Nigeria to take over some assets belonging to Nigerian businessman, Mr. Jimoh Ibrahim, over an alleged indebtedness of N50bn.

Oil Baron Jide Omokore Rearrested, Ex NNPC GMD Andrew Yakubu Nabbed Too

The Economic and Financial Crimes Commission has rearrested oil magnate, Jide Omokore, and will most likely slam money laundering charges on him today (Monday).

Ex Gov Emmanueal Uduaghan’s Daughter, Orode’s Marriage Of 4yrs Crashes Over Allegations Of ‘’Irreconcilable Differences’’

Orode, the daughter of former Delta state gov, Emmanuel Uduaghan and her spouse, Ryan Okpu have separated after 4 years of marriage.

Sunday, June 19, 2016

Senators Wants Immunity For Senate President Bukola Saraki, Speaker Yakubu Dogara And Other National Assembly Presiding Officers After Their Tenure!

Some senators on Saturday demanded immunity and life pension for presiding officers of the National Assembly after their tenure in office.

They made the proposals at a-two day retreat on Constitution Review organised by the Senate Ad Hoc Committee on Constitution Review in Lagos, the News Agency of Nigeria reports.

Friday, June 17, 2016

Federal Inland Revenue Service Boss, Tunde Fowler Engulfed In Secret Recruitments Allegations

The head honcho in the Federal Inland Revenue Service, FIRS, Babatunde Fowler, has been accused of being involved in an employment scandal at the tax agency.

 According to SaharaReporters, Fowler, a protégé of Bola Tinubu, the National Leader of All Progressives Congress, APC, oversaw the employment of 3,489 new staff in violation of the necessary procedures.

Ex Presidential Aide, Waripamowei Dudafa Stays Put In Prison

A Special Assistant on Domestic Affairs to former President Goodluck Jonathan, was on Thursday, denied bail by Justice Mohammed Idris of the Federal High Court sitting in Lagos.

Warpamo Owei Emmanuel Dudafa and  one Iwejuo Joseph Nna were both arraigned before the court on a 23-count charge bordering on fraud and stealing on Tuesday.

Top Level Official In Presidency Shields Oil Company Sahara Energy From Investigations Into Allegations Of Massive Fraud As EFCC Raids Head Office!

An investigation by SaharaReporters has revealed that officials of President Muhammadu Buhari's administration are blocking an investigation into massive fraud committed by a Nigerian oil firm, Sahara Energy.

Operatives of the Economic and Financial Crimes Commission (EFCC) on May 26 raided the Lagos and Abuja headquarters of Sahara Energy. However, EFCC sources told our correspondent that officials of the government ordered the anti-corruption agency not to publicize the raid.

Reps Member Enmeshed In Rape, Soliciting For Sex Accusations While On Official Trip Banned From United States of America

Three members of the House of Representatives are facing probe after the United States government petitioned the House, and withdrew their visas over sexual misconduct during an official programme they attended in the US.

The trio, Hon. Mark Terseer Gbillah [Benue], Hon. Samuel Ikon [Akwa Ibom] and Hon. Mohammed Garba Gololo had attended a training programme in the United States of America last month.

Hon. Gololo, representing the Gamawa Federal Constituency of Bauchi State, was accused of attempting to rape a housekeeper in the hotel they lodged.

Thursday, June 16, 2016

U.S Ambassador James Entwistle Makes Serious Allegations Of Sexual Misconduct Against Federal House Of Reps Members While On Official Visit!

The United States government has raised serious allegations of sexual misconduct and attempted rape against Nigerian lawmakers.

The U.S. ambassador to Nigeria, James Entwistle, made the allegation in a letter sent to the Speaker of House of Representatives, Yakubu Dogara, on June 9.

The accused members are

Wednesday, June 15, 2016

Police Arrest Suspected Fake Doctor Victor Akpan After 10yrs Of Practice

The police have arrested a suspected quack doctor, Victor Akpan, in the Gwarinpa area of Abuja.

PUNCH Metro learnt that Akpan, who had been running a private hospital for 10 years, allegedly operated with forged and stolen certificates.

“Pls, Allow Me To Go. I Will Not Come Back Again’’ Frightened Chieftain, Adewale Oladipo Pleaded With Hundreds Of Angry Youths Threatening To Mob Him At Party Secretariat Over Leadership Crisis While His Associate Adewole Adeyanji Took Off!

The leadership crisis rocking the Peoples Democratic Party (PDP) escalated on Wednesday as angry party youths stormed the secretariat in their hundreds.

Armed with placards and leafy tree branches, the youths who arrived at the secretariat as early as 7:00am, spared no words in castigating the ousted party chairman, Alhaji Ali Modu Sheriff.
Incidentally, Sheriff, who came and stayed briefly in his office on Tuesday, did not show up at the secretariat on Wednesday.

But his co-travelers, Prof. Adewale Oladipo and Alhaji Adewole Adeyanju, sacked National Secretary and National Auditor respectively, were harassed by the irate mob.

Tuesday, June 14, 2016

Ex Nigerian Ambassador To South Africa, SS Yusuf Killed, Thrown From His Storey Building By Unknown Men!

Ex-Nigerian High Commissioner to South Africa, Ambassador S.S Yusuf, was found dead on Monday morning on the ground floor of his Abuja home in what family, friends and acquaintances believe was an assassination.
The 59-year-old who was the immediate past Nigeria ambassador to South Africa was killed, and thrown from his storey building by multiple intruder on the early hours of Monday.
His family said he was brutally murdered, and nothing was stolen from his house, and expressed their sorrow while condemning the dastardly act.

“People here are still in shock that Ambassador Yusuf is dead,” a family member told newsmen

Several Sacked Total Workers Protest Non Payment Of Severance Packages After As Much As 17yrs Service

Several workers who worked in the security department of Total E&P Nigeria Limited on Monday protested the non-payment of their severance packages by the company.

Monday, June 13, 2016

‘’Lesbianism, Coaches Taking Advantages Of Girls Killing Female Football’’ Top Level Insider Reveals

The First Vice President of the Nigeria Football Federation, Seyi Akinwunmi, on Saturday said that the development of female football in Nigeria was being hampered by lesbianism practice.

Akinwunmi said this in Ibadan during a sports personality programme,

Saturday, June 11, 2016

Minister Of State For Petrol & NNPC Boss, Ibe Kachikwu Picks New Love, Elizabeth

It is indeed true that Emmanuel Kachikwu, Honourable Minister of State, Petroleum Resources is a womaniser. The substantive Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), is undoubtedly enslaved to the whims of his passion.

Anywhere it directs, he humbly treads. This has cost him his marriage to his first wife, Mariam who works in Seplat. Kachikwu abandoned the woman and her children ever since he found love in a new bride,

Diamond Bank, Managers Lasisi Abayomi & Hillary Ojukwu On Trial For Laundering Drug Money

Diamond Bank Plc and two of its managers, Lasisi Abayomi and Hillary Ojukwu were on Wednesday arraigned before the Federal High Court, Lagos on six-count charge bordering on money laundering.
Others docked alongside the bank and its two managers are Oni Oil and Gas Ltd and Mrs. Lizzy Chinyere Ikenua.

Wednesday, June 8, 2016

Minister Rejects Dangote’s Ramadan Gifts for Vulnerable, Displaced Persons

The Minister of the Federal Capital Territory (FCT), Alhaji Muhammad Bello, has reportedly turned down food items donated by the Dangote Foundation for the Internally Displaced Persons (IDP) in Abuja.

Tuesday, June 7, 2016

Ex Super Eagles Coach, Stephen Keshi Dies At 54 In Edo

The Former Super Eagles Coach, Stephen Keshi, is dead. A tweet on the Nigeria Football Federation’s handle, @thenff, says the legend died in the early hours of Wednesday.

The former international football player and coach, lost his wife, Kate, last year after a prolonged battle with cancer.

‘’We Love London, We Don’t Feel Safe In Nigeria’’ Billionaire Femi Otedola’s Daughters Cuppy & Temi Provides Reveal In Eye Opening Interview

 They're heiresses to a billion dollar fortune and currently lead a jet-set lifestyle enjoying all the trappings of wealth.

But the daughters of one of Africa's richest men say they are not content being rich and famous in his shadow, and instead want to work hard to make names for themselves in their own right. Cuppy Otedola, 23, and her sister Temi, 19, are well-known in their home country of Nigeria because their father is energy tycoon Femi Otedola, worth an estimated £650million.He was listed as the 16th richest man in Africa by Forbes in 2015 and has million pound properties in New York, Dubai, London, Abuja and Lagos.

Gov Adams Oshiomhole Threatens To Revoke Certificate Of Occupancy Of Benin Electricity Distribution Company Over Failure To Deliver Power To Edo People

GOVERNOR Adams Oshiomhole of Edo State, has threatened to revoke the Certificate of Occupancy (C of O) of Benin Electricity Distribution Company, BEDC, if the company continues to keep the people of the state in darkness.

The governor accused the company of alleged criminal extortion of the people through their billings despite the fact that they failed to fulfill their obligations by giving electricity to the people.

Mike Obi’s Agent, John Shittu Finally Wed Vivian Chiologi In London

Mikel Obi's agent, John Shittu has tied the knot with his fiancee, Vivian Chiologi five years after losing his first wife to the cold hands of death.

Monday, June 6, 2016

EFCC Raids Grills Kwara Govt Officials In Pursuit Of Fresh Evidence In False Assets Declaration Trial Against Senate President Bukola Saraki

Operatives of the Economic and Financial Crimes Commission (EFCC), last week, stormed Ilorin, the Kwara State capital, in search of fresh evidence in pursuant of the ongoing trial of the Senate President, Dr Bukola Saraki, sources said at the weekend.

 Investigations by the Nigerian Tribune confirmed at the weekend that operatives of the commission arrived at Ilorin, last week Monday and combed the records of the state’s Ministry of Finance and the Office of the Accountant-General of the state.

Thursday, June 2, 2016

How Troubled First Bank Executive Director, Dauda Lawal Brokered Purchase Of Le Meridien Hotel For Ex Petrol Minister, Diezani Alison Madueke

According to the news doing the rounds, Nigeria’s former Petroleum Resources Minister, Diezani Alison-Madueke, purchased Port Harcourt’s Le Meridien Hotel using First Bank of Nigeria Executive Director (ED), Dauda Lawal.

The revelation comes as the federal government of Nigeria this week struggles to release the list of the nation’s looters and saboteurs of the economy, an earth-shaking event the presidency says will happen latest Thursday.

Barely two weeks after Lawal was picked up by the Economic and Financial Crimes Commission (EFCC) the ED has reportedly returned huge amounts of money laundered through him by the ex-oil minister, with whom he was reported to be “extremely close.”

Wednesday, June 1, 2016

More Chevron Assets Come Under Attack By Militants

Niger Delta militants on Wednesday blew up two additional facilities belonging to Chevron Nigeria Limited, making it the fourth time the oil major’s assets would be attacked in less than a month.

Speculations Over How M.D Uzoma Dozie Is Running Diamond Bank

Behind his back, Uzoma Dozie, the MD/Chief Executive of Diamond Bank Plc is called daddy’s boy.

This is because his father, Mr. Pascal Dozie founded the bank and was its first Chief Executive, thus many were a bit sceptical about his ascension to the top job despite his being very qualified  after going through the ranks in banking.

ECO Bank Fires 1,040 Workers!

The gale of job losses being witnessed in the country due to the current economic hardship has caught up with Ecobank Nigeria, which has sacked over 1,040 of its employees.

The PUNCH reported on Tuesday that Diamond Bank Plc sacked over 200 members of its workforce, while FBN Holdings, the parent company of First Bank of Nigeria Limited, recently said it would prune the number of its employees by 1,000.

Hajia Bola Shagaya Under EFCC Probe, Returning N800M Arms Money Received From Dasuki To Escape Prosecution

Ex-first Lady, Patience Jonathan’s friend, and billionaire businesswoman, Hajia Bola Shagaya, is on the list of wheeler-dealers being investigated by the Economic and Financial Crimes Commission , for receiving arms money from embattled ex-NSA, Sambo Dasuki to prosecute ex-President Goodluck Jonathan’s re-election, OrijoReporter exclusively gathered.