News
Emefiele: Court fixes date for hearing on forfeited assets

The Federal High Court in Lagos has set Thursday, September 12, 2024, for the hearing of all applications concerning the permanent forfeiture of assets and funds linked to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele.
Justice Deinde Dipeolu adjourned the case after listening to submissions from the legal representatives of all parties involved.
Bilikisu Buhari-Bala represented the Economic and Financial Crimes Commission (EFCC), while Olalekan Ojo (SAN) appeared for Emefiele.
Another lawyer, Chibuzor Opara, represented the occupants of one of the properties in question, located at 8a Adekunle Lawal Road, Ikoyi, Lagos.
The EFCC’s counsel, Buhari-Bala, informed the court that the hearing was scheduled to review compliance with an earlier interim forfeiture order, issued on August 15, 2024, by Justice Akintayo Aluko.
The court had ordered the temporary forfeiture of $2.045 million and several properties linked to Emefiele, pending a final decision.
In compliance with the order, the EFCC published the forfeiture notice in a national newspaper on August 28, 2024, to allow interested parties to present objections. Buhari-Bala stated that two applications had been received from Emefiele’s legal team, but they were not ready for hearing. She requested a short adjournment to respond.
Counsel for Emefiele, Olalekan Ojo (SAN), stated that his client had filed applications to stay further proceedings, which should take precedence.
He requested that the hearing be postponed until September 9 for this purpose.
Meanwhile, Opara, representing occupants of the Ikoyi property, requested more time to file his clients’ processes.
After considering all arguments, Justice Dipeolu adjourned the case to September 12, 2024, for the hearing of all pending applications.
The case revolves around assets ordered for interim forfeiture, including properties in Ikoyi, Lekki, and Delta State, as well as two share certificates of Queensdorf Global Fund Limited Trust linked to Emefiele.
The EFCC had been ordered to publish the interim forfeiture notice, allowing interested parties to challenge the forfeiture.
News
Lagos sales manager remanded, accused of stealing N32.2m from boss

A 25-year-old sales manager, Olatunbosun Olarewaju, has been remanded in Ikoyi Prison after being accused of masterminding a shocking N32.2 million theft from his employer, just months after securing the job.
The police at Adeniji Adele Division, Lagos Island, said Olarewaju allegedly abused the trust of his boss, Mr Victor Ibe, by selling goods worth N32.2 million and diverting the proceeds into multiple personal accounts before disappearing.
According to police investigators, the lid was blown off the alleged scheme when Ibe conducted an audit and discovered a massive shortfall in stock value.
Acting swiftly, the Divisional Police Officer, DPO, launched an intelligence-driven manhunt that led to Olarewaju’s arrest at a hideout in Lagos.
Following the investigation led by Sergeant Abraham Friday, Olarewaju was arraigned before the Tinubu Magistrate’s Court, Lagos Island, on a two-count charge of conspiracy and stealing.
Prosecuting counsel, Inspector Ishola Samuel, told the court that the offences took place between August 2024 and April 14, 2025, at 23 Princess Street, Lagos Island.
He said Olarewaju, entrusted with managing and selling his employer’s goods, instead chose to divert millions of naira into his private coffers.
The offences, Samuel said, contravened Sections 411 and 287(7) of the Criminal Law of Lagos State, 2015.
Olarewaju, however, pleaded not guilty to the charges.
Presiding Magistrate A.A. Paul granted him bail in the sum of N1 million, with two sureties in like sum, but ordered his remand at the Ikoyi Correctional Centre until he meets the conditions.
The case has been adjourned until May 27, 2025, for further mention.
News
Military kills over 100 terrorists, rescue 21 hostages — DHQ

The Defence Headquarters, DHQ, has announced major successes in its ongoing counter-terrorism and anti-oil theft operations across Nigeria, with over 100 terrorists killed, 100 suspects arrested, and 21 kidnapped victims rescued between April 17 and 25, 2025.
Director of Defence Media Operations, Major General Markus Kangye, disclosed the achievements in a statement on Friday.
Kangye noted that coordinated offensives across the North East, North West, North Central, South South, and South East regions yielded substantial results.
“In the North East, troops of Operation Hadin Kai launched aggressive offensives leading to the surrender of ISWAP/JAS elements and the elimination of dozens of terrorists,” Kangye said.
In the North West, troops under Operation Fagge Yamma neutralized several insurgents, arrested suspects, and rescued victims in Zamfara, Sokoto, Kebbi, and Katsina States.
In the North Central zone, Operations Safe Haven and Whirl Stroke also recorded significant success. Between April 18–22, troops acting on credible intelligence arrested over 37 criminal suspects in Plateau and Kaduna States.
In the South East, troops under Operation Udoka carried out successful raids in Imo, Enugu, Anambra, and Ebonyi States, killing terrorists, arresting suspects, and recovering arms and explosives. Notably, four kidnapped victims were rescued during these missions.
In the South South, troops of Operation Delta Safe targeted illegal refining sites and oil theft networks, destroying equipment and seizing crude oil and petroleum products worth over ₦94 million.
“Between April 18 and 22, troops made contact with terrorists in several communities, seizing weapons, mobile phones, motorcycles, and IEDs,” Kangye added
News
Pope Francis Laid To Rest In Santa Maria Maggiore Basilica

Pope Francis was buried inside his favourite Rome church after a funeral mass in St Peter’s Square, the Vatican said on Saturday.
Francis, who died on Monday aged 88, was laid to rest during a 30-minute ceremony which started at 1:00 pm (1100 GMT) at the Santa Maria Maggiore basilica in the Italian capital.
Footage shared by the Holy See showed cardinals marking his wooden and zinc coffin with red wax seals.
Cardinal Kevin Farrell, who as camerlengo is running the Vatican’s day-to-day affairs until a new pope is elected, sprinkled it with holy water after it was lowered into a tomb set inside an alcove.
A reproduction of the pectoral cross worn by Francis during his lifetime hung above it.
Francis had asked that the tomb, located near the altar of Saint Francis, be simple and unadorned, reflecting the humble spirit of his papacy.
The tombstone bears only the inscription “Franciscus” — the pope’s name in Latin.
Its marble is sourced from Liguria, the northwestern Italian region once home to the Argentine pontiff’s Italian ancestors.
Francis, born Jorge Bergoglio, had specified in his will the exact spot he wanted to be buried, in the side nave of the beloved fifth-century AD church.
The pontiff was devoted to the worship of the Virgin Mary and made a point of praying in Santa Maria Maggiore before leaving on trips abroad and upon his return to Rome.
He declared his desire to be entombed there in 2023.
Located in the heart of Rome, the basilica already holds the tombs of seven popes.
But the last one to be buried there was Clement IX in 1669. More recently, popes have usually been buried in St Peter’s Basilica.
One of four papal basilicas in Rome, Santa Maria Maggiore also holds the remains of several other renowned figures, such as the architect and sculptor Gian Lorenzo Bernini, who designed St Peter’s Square and its surrounding columns.
Built around 432 AD under Pope Sixtus III, the basilica holds some of the Catholic Church’s most important relics, including an icon of the Virgin Mary holding the baby Jesus, attributed to Saint Luke.
(Channels/AFP)
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