News
Zenith Bank Manager Testifies in Emefiele Trial Over Alleged Financial Transactions
Mrs. Ifeoma Ogbonnaya, an Assistant Manager at Zenith Bank Plc, testified in the Ikeja Special Offences Court about alleged financial irregularities involving former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, and his wife, Margaret Emefiele. She detailed how funds were purportedly transferred through Zenith Bank to companies linked to Mrs. Emefiele, including Amswing Resources and Solution, Limelight Dimensional Service Ltd., Omec Support Service Ltd., and Mango Farm. Ogbonnaya, who joined Zenith Bank in 2006 and serves as a Business Relationship Manager, stated that she received instructions from Mrs. Emefiele and others associated with her to facilitate these transactions.
According to Ogbonnaya, the transactions involved significant sums, such as ₦18.9 million and ₦1.8 million in March 2015, and subsequent flows including ₦43 million in February 2021, ₦37.3 million in July 2022, ₦44.6 million in October 2022, and ₦93.1 million in May 2023, among others. She testified that all transactions underwent verification and approval by Mrs. Emefiele before processing, often communicated through email, phone calls, and WhatsApp.
The prosecution presented documents supporting these claims, which were admitted into evidence without objection from the defense. Emefiele, who faces charges related to abuse of office and financial misconduct during his tenure at the CBN, has pleaded not guilty. The trial is set to continue on July 10, following procedural discussions in court.
Lagos State Police react to claims of them taking money from dispatch riders on the Coastal Road in Lagos.
It started after a rumour was shared that police arrest and take money from riders as a demand for high bribes, sometimes reaching ₦200,000, and seize motorcycles if not given.
The Police Public Relations Officer, SP Benjamin Hundeyin, then addressed the claims online and stated in his statement that he disagreed that the rumour is true and stated, “The spread of misinformation only causes more harm than good. In this era, we can and must do better.”
It has been announced by the governor of Ogun that Tuesday 3rd of February is a public holiday in order to mark the 50th anniversary of the state creation.
This public holiday declaration was released in a statement by the secretary of the state, Tokunbo Talabi.
He then added that the holiday will provide as a day for the citizens to participate in the activities for the state milestone.
Former Kogi politician, Dino Melaye, faces backlash from the public after he shared a video on social media of him abroad and living well through his luxurious lifestyle.
In the same video, he speaks about Nigeria’s current economy and shares his disappointment.
He wrote, “See country, God help us to build a true nation where our wicked leaders will be in jail and the right people in power. Nigeria must be fixed. YES WE CAN.”
However, many state that what he posted and what he is saying contradict each other, and they accused him of sharing his own records to know if he was a corrupt leader.
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