
AFOLABI
Why Presidents, Governors Avoid Handing Over Power To Deputies — Osoba
Caycee Mboya, Tallest Woman in Kenya Expresses Desire to Be A Second Wife
Abort Japa Plans, Fight For Better Nigeria – Femi Kuti
Sacked Directors Ask Court To Stop CBN From Replacing Them
I Would Rather Belong To Nigeria Than Oodua Republic - Obasanjo
Nigerian Govt Drops Money Laundering Charges Against Binance Executive
The money laundering charges filed against an executive of Binance Holdings Limited, Tigran Gambaryan, have been withdrawn by the federal government.
Recall that the Economic and Financial Crimes Commission, EFCC had in April this year, arraigned Binance, a cryptocurrency firm, and Gambaryan over alleged money laundering.
Mr Gambaryan, a United States citizen, has been in detention since February following the clampdown on the cryptocurrency firm over alleged manipulation of naira.
A lawyer representing the EFCC announced the withdrawal of the charges at the Federal High Court in Abuja on Wednesday.
Announcing the development, the lawyer said Mr Gambaryan was merely an employee of Binance, whose activities he was being prosecuted for.
Living in Nigeria Becoming More Harder – Timaya Laments
Yahoo: 43 People Jailed After Pleading Guilty To Internet Fraud In Awka (Photos)
No fewer than forty-three suspects who were arrested for internet fraud in Awka, Anambra State, and Abakaliki, Ebonyi State, have been sentenced to prison after pleading guilty to the charges against them.
The suspects were arraigned before Justice Evelyn Anyadike of the Federal High Court sitting in Awka, Anambra State by Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC.
The suspects were arrested in Abakaliki and Awka following credible intelligence linking them to online criminal activities. Upon arrest, investigations revealed that the convicts impersonated foreign nationals using several social media accounts and duped unsuspecting victims.
They were prosecuted on one-count separate charges each, bordering on personation, retention of proceeds of crime, possession of fraudulent documents and obtaining by false pretence.
They pleaded “guilty” when the charges were read to them separately. In view of their pleas, counsel to the EFCC, Michael Ikechukwu Ani prayed the court to convict and sentence them accordingly.
However, the defence counsel; Ifeanyi Michael Odoh, James Nwatarali, Bernard Okeke and O. C. Abalu prayed the court to temper justice with mercy, adding that the convicts who are first-time offenders, have become remorseful.
After listening to both sides, Justice Anyadike sentenced the convicts to eight months imprisonment each with an option of fine of N100,000 (One Hundred Thousand Naira) each except for Nwankwo, Izuchukwu, Eyinna and Ikechukwu who were given two months Community Service, which will be supervised by the Deputy Court Registrar.
Furthermore, the court ordered that items recovered from the convicts which include mobile phones and laptops be auctioned and proceeds paid into the account of the Federal Government.
The convicts are; Momoh Victor Abdulkareem, Paul Emmanuel, Adibe Henry, Okoroafor Abuchi Gospel, Ikechukwu Ezra, Oduu Emmanuel Eyinna, Obasi Chibuike, Chimaobi Ogbonna, Nwankwo Emmanuel Ikechukwu, Aluma Chetachukwu Israel, Emeka Umendu, Ebuka Uka, Chikaodili Michael, Oramulu Nwabufor Michael, Obiajulu Philip Sorpuluchukwu, Iwu Ikedichukwu Emmanuel, Akachukwu Temple Odo, Ifeanyi Samuel, Kyrian Chikodili Ugwu and Nathaniel Oforbuike Nwoba.
Others include; Chimezie Stephen Obianaso, Kingsley Chukwuebuka Mmadu, Ebuka Eric Uka, Simon Uchenna, Godswill Francis Blessed, Donatus Chinwendu Anya, Aluma Ogochukwu Michael, Nwankwo Stephen Chijioke, Emmanuel Chijioke Okogwu, Ariwodo Ezemdi Lucious, Chidiebere Uwa, Okeke Joshua Okechukwu, Chinemelu Clinton Ugwu, Tochukwu Sunday Ewa, Iburu Nelson Onyeoma, Nwoko Samuel, Nwokwu Victor Izuchukwu, Benjamin Obiajulu, Kelechi John, Moses Chukwuka Ugwueke, Obinna Christian, Ubagu Daniel Chukwuebuka And Chukwu Emmanuel Nnamdi.
The charge against Ikechukwu Ezra read: “That you, Ikechukwu Ezra, sometime in 2024, in Enugu, within the jurisdiction of the Federal High Court of Nigeria, fraudulently impersonated the identity of Shirley Fang, a male foreigner and citizen of United Kingdom, through a fake Whatsapp account, via your Redmi 12C with IMEI 861906061467102, with intent to obtain money from unsuspecting foreign nations and in order to gain advantage of yourself and you thereby committed an offence contrary to Section 22 (3) (a) (b) of the Cybercrimes (Prohibition, Prevention, etc) Act, 2015 and punishable under Section 22 (4) of the same Act”.
The charge against Paul Emmanuel reads: “That you, Paul Emmanuel, sometime in the year 2024 at Enugu, Enugu State within the jurisdiction of the Federal High Court of Nigeria, fraudulently impersonated one Chen Dong from China by means of your Tecno 8i phone with IMEI number 353030167612761 via fake google account with the intent to gain advantage of yourself from unsuspecting foreign nationals and thereby committed an offence contrary to Section 22 (2) (b) (i) and (ii) of the Cybercrime (Prevention, Prevention, etc.) Act, 2015 (as amended 2024) and punishable under 22 (2) (b) (iv) of the same Act”.
I Made False Allegations Against You And I Regret It, Please Forgive Me - Halima Abubakar Begs Apostle Johnson Suleman
Halima Abubakar, the popular Nollywood actor, has come out to apologize to Nigerian cleric, Apostle Johnson Suleman of Omega Fire Ministries for defaming him.
Abubakar admitted to spreading falsehood against Suleman and causing him pain via social media.
The drama between Halima Abubakar and Apostle Suleman started in 2022 when the actress became bedridden following her altercation with the clergyman.
While sick, the actress’s family took to social media to call out the clergyman to stay away from her.
But, many alleged that the actress was battling an autoimmune disease which she debunked by sharing her medical report.
However, Halima Abubakar sought the apology of Apostle Suleman in a letter sent to the clergyman.
She also expressed deep regrets for tarnishing his image, hoping her letter could repair the damage to an extent.
The letter reads: “I admit that I made false allegations against you and also regret my action and the damage I caused to you, your wife, Dr Lizzy Suleman, your family and the leaders of the Omega Fire Ministry.
“With this letter, I humbly ask for forgiveness, recognising that my apology cannot undo the harm, pain and distress I caused and I ask you to find a place in your heart to forgive me as I was not thinking right then.
“I’m truly sorry for all the hurts and distress I caused you, your family and ministry.”
Be Ready To Pay Market Price For Petrol - Oil Marketer Tells Nigerians
Gabriel Ogbechie, the Group Managing Director, Rainoil Ltd, has asked Nigerians to prepare to pay full market prices for petroleum products as a result of the full deregulation of the downstream sector.
After President Bola Tinubu announced that subsidy was gone, the pump price of petrol rose from N198 to N545 per litre and the Nigerian National Petroleum Corporation Limited (NNPCL) regulated pump prices at its outlets nationwide.
But two weeks ago, NNPCL exited its middleman role, forcing the pump price of fuel to sell between N998 and N1,250 per litre.
While appearing on Channels Television’s Business Morning on Tuesday, Ogbechie lauded Tinubu’s decision on the removal of fuel subsidy, saying that it allowed for healthy competition in the downstream sector.
“President Tinubu did the right thing by saying the subsidy was gone. He removed the subsidy and then we saw the price of petrol slide upwards.
“At some point, I think the government had to intervene to calm things down and then NNPCL went back to fixing the prices of petroleum products.
“But in October, we saw the government now saying such would not be allowed anymore, directing marketers to source their products and fix prices.
“I also don’t believe that the exchange rate has been floated. Every day you go to the market, it is now a willing buyer, willing seller situation.”
When asked if prices of petrol at the pump would continue to rise, he said; “The key thing is that deregulation is here to stay. Petrol is anything between N1000 and n1060 per litre towards the coast, and maybe N1300 as you go further north.
“As long as the price of crude oil keeps changing, as long as the exchange rate keeps changing, prices of petrol too will keep changing.
“If we see a massive drop in the price of crude oil, the price of petrol will also drop. If we see a drop or devaluation in the price of the exchange rate, there will also be a drop in the price of petrol.
“Nobody can exactly tell you what will happen in the next six months. But Nigerians should just be ready to pay the market-determined prices for petroleum products.”