$1.6bn fraud: Diezani’s ally, Omokore, ex-NNPC GMD, others arraigned

The Economic and Financial Crimes Commission on Monday arraigned before a Federal High Court in Abuja a businessman, Mr. Jide Omokore, who is also an ally of a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, on nine counts of alleged crude oil fraud involving $1.6bn.

BREAKING: Buhari removes Kachikwu as NNPC GMD, appoints Baru

President Muhammadu Buhari on Monday approved the appointment of of Dr. Maikanti Kacalla Baru as the new Group Managing Director of the Nigerian National Petroleum Corporation.

The appointment was contained in a statement by the President’s Special Adviser on Media and Publicity, Mr. Femi Adesina.

With the latest appointment, Baru replaced Dr. Ibe Kachikwu who has been doubling as the Minister of State, Petroleum Resources and GMD, NNPC.

BREAKING: CBN takes over Skye Bank

The Central Bank of Nigeria has taken over the Board and management of Skye Bank Plc after the lender failed to meet the regulator’s minimum key liquidity and capital adequacy ratios.

The Central Bank Governor, Mr. Godwin Emefiele, disclosed this at a news conference, which was held at the CBN’s head office in Lagos.

I have forgiven Akpororo – Kate Henshaw

Popular Nollywood actress, Kate Henshaw, who last week called out comedian Akpororo for using her name and image to promote his show without seeking her approval, said she has forgiven him.

Henshaw had put up a post through social media issuing the comedian 48 hours ultimatum to apologise and withdraw her name and image from all his publicity materials.

14 Nigeria prisons officers suspended over Abuja jailbreak

The Civil Defence, Fire, Immigration and Prisons Services Board (CDFIPB) has approved the suspension of four senior officers following the recent escape of two high profile inmates, Solomon Amodu and Maxwell Ajukwu, from Kuje Medium Security Prison.

How Buhari, governors can be arrested, prosecuted while in office — Falana

A Senior Advocate of Nigeria (SAN), Femi Falana, on Saturday said the era of absolute immunity had gone and that President Muhammadu Buhari, his deputy, Yemi Osinbajo and  governors who committed criminal act could be arrested while in office and taken for trials.

Mr. Falana said this while speaking on: “Limit of executive immunity” in Benin to mark the 60th birthday of the Secretary to the State Government (SSG) of Edo, Prof. Julius Ihonvebere.

EFCC arrests wanted ex-deputy gov, Omisore

The Economic and Financial Crimes Commission has arrested a former Deputy Governor of Osun State, Senator Iyiola Omisore, who was declared wanted about a month ago.