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.
News
No Parade This Year as Tinubu Plans Morning Speech for Democracy Day

The Federal Government has officially called off the traditional military parade for the 26th Democracy Day celebration, which is set for Thursday, June 12, 2025. In a statement shared by Abdulhakeem Adeoye on behalf of the committee’s Director of Information and Public Relations, it was confirmed that President Bola Tinubu will instead deliver a national broadcast by 7 a.m. on the same day.
Later at noon, the President will join a special joint session of the National Assembly, where lawmakers will discuss national issues, reflect on the country’s democratic path, and speak on the need for unity and meaningful reforms. A public lecture will also take place by 4 p.m. at the State House Conference Centre in Abuja. The event is expected to draw key government figures, political leaders, and members of civil society, all gathering to assess the nation’s progress in democracy.
The theme for this year’s commemoration is “Consolidating on the Gains of Nigeria’s Democracy: Necessity of Enduring Reforms,” focusing on how far Nigeria has come and the steps needed to keep improving.
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Ogun State Water Corporation Unveils Smart Tech Plan to Boost Service Delivery

Ogun State Water Corporation (OGSWC) has reportedly shared an update, they stated that a strategic plan has been made to enhance the service delivery for the advanced technology for the beginning of the next quarter.
Damilola Otubanjo, the special advisee to the operation highlights the major move that will occur with this plan “We are phasing out estimated billing and ensuring all new connections are on prepaid meters. This will help us build a more accurate customer database and significantly improve service delivery.”
“With Smart Meters and Sensors, we can detect faults and leaks remotely, enabling quicker responses and minimizing water loss. Just as people recharge electricity from their homes, we want our customers to pay for water without needing any physical interaction with our staff.”
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“No Other Candidate Brings What I Bring to the Table” – Peter Obi Says

Peter Obi, former Labour Party presidential candidate, has declared that democracy no longer exists in Nigeria. Speaking in an interview with Arise TV, Obi pointed to the recent Edo State governorship election and the unfolding political crisis in Rivers State as clear signs that democratic principles have collapsed.
Obi condemned President Tinubu’s decision to declare a state of emergency in Rivers over tensions between Governor Sim Fubara and FCT Minister Nyesom Wike. The President’s move included suspending the governor, his deputy, and the entire State Assembly for six months, replacing them with a Sole Administrator.
Obi criticized the decision, arguing that no one should govern without a mandate from the people. “There is no democracy in Nigeria today,” he said. When asked why he plans to contest the 2027 presidential election, Obi said the fight for real democracy must continue. “Look at the Edo election — does that look like democracy? Rivers State buried the whole idea,” he said.
“You can’t fix problems by breaking the rules,” Obi added. “I’m still committed to building a better Nigeria. I have the background, the experience, and I’ve served in both the corporate world and as a governor. No other candidate brings what I bring to the table.”
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