News

Alleged Organ Harvest: EFCC Behind My Travails – Ekweremadu

Published

3 years ago

December 15, 2022

Editor

Embattled former Deputy Senate President, Ike Ekweremadu, on Thursday told Justice Inyang Ekwo of a Federal High Court in Abuja that the Economic and Financial Crimes Commission was responsible for his travails at the London Court where he had been in detention over alleged organ harvest.

The Senator who has been in custody in London over an alleged organ harvest told the Federal High Court that the EFCC wrote a letter to the London Court which made the foreign court refuse to admit him to bail.

Ekweremadu’s allegations were contained in an application he filed before the Nigerian court seeking an order of the court to set aside interim order granted in favour of the Federal Government for forfeiture of his 40 properties in the country and outside the country.

The ex-Deputy Senate President in the application by his counsel, Chief Adegboyega Awomolo (SAN), claimed that the forfeiture order was granted to the Federal Government in error because the EFCC suppressed information and facts in respect of the properties.

Specifically, the detained Senator alleged that the EFCC fraudulently obtained the forfeiture order for the government by concealing information that the investigation on the 40 properties started as far back as 2008.

Among others, he alleged that the EFCC was fully aware that he was in detention in London when the application for forfeiture of the properties was filed and argued.

He said that the anti-graft agency deliberately refused to disclose to the court that he was in London detention and would not be able to counter the forfeiture request.

Ekweremadu, therefore, prayed the court to set aside the forfeiture order and stay proceedings in the matter until he resolves his ordeal before the London Court.

However, counsel to the EFCC, Silvanus Tahir (SAN), denied that the commission was behind Ekweremadu’s ordeal.

While admitting that EFCC wrote the London Court based on a special request, he said that it was a normal routine for anti-graft agencies to exchange information that would be of help to one another.

Tahir did not oppose the request for a stay of proceedings till Ekweremadu fully resolve his matter before the London Court but however, vehemently opposed the request for setting aside the forfeiture order.

Justice Ekwo after taking arguments from parties fixed January 25 next year for ruling in the matter.

The Court had on Friday, November 4 ordered interim forfeiture of 40 landed property linked to Ekweremadu in some parts of the country and outside the country.

Justice Ekwo issued the order following an ex -parte motion filed and moved by Ibrahim Buba, lawyer to the EFCC.

The Judge, who granted the motion, ordered the EFCC to publish the interim forfeiture order of the property in a national daily within seven days.

He had directed anybody who has an interest in the forfeited property to indicate within 14 days of the publication of the interim forfeiture order why the property should not be permanently forfeited to the Federal Government.

The affected properties included 10 property in Enugu, three in the United States of America, two in the UK, one in Lagos, nine in Dubai, the United Arab Emirates and 15 located in the Federal Capital Territory.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

3 hours ago

May 6, 2026

Editor

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

He has been a regular feature for Lazio this season.

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

4 hours ago

May 6, 2026

Editor

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

“This contradiction will no longer be tolerated,” the statement said.

News

N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

Published

6 hours ago

May 6, 2026

Editor

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.