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How I Deposited Billions In Cash For Emefiele, Witness Reveals
In the ongoing ₦7.8 billion fraud trial of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele, a prosecution witness has provided testimony regarding massive cash deposits made on his behalf.....KINDLY READ THE FULL STORY HERE▶
Key points from the testimony of the third prosecution witness, Richard Agulu, a former Zenith Bank employee, include:
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Cash Deposits: Agulu testified that he deposited billions of naira in cash on behalf of the former CBN chief, with the funds delivered to him by Emefiele’s former personal assistant, Eric Ocheme.
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Account Handling: According to the witness, the money was either deposited into accounts for Kelvito Integrated Services and Ifeabigo Integrated Services or placed in the bank’s vault, following instructions allegedly relayed through Ocheme.
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Banking Procedures: Despite the large sums, Agulu maintained that he followed standard banking procedures, noting that some clients were granted verbal waivers by senior officials to deposit large amounts of cash.
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Refusal to Name Officials: When asked to identify the senior bank officials who provided these verbal waivers, Agulu declined to provide names to avoid getting anyone in trouble.
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Additional Transactions: Agulu also testified that he supervised a transfer of ₦1.6 billion to MG Properties Limited.
The Economic and Financial Crimes Commission (EFCC) is prosecuting Emefiele on eight counts, including criminal breach of trust, conspiracy, forgery, and unlawful possession of properties allegedly linked to proceeds of crime; Emefiele has entered a plea of not guilty. Eric Ocheme, who was named in the charges, is reported to be at large. Justice Yusuf Halilu has adjourned the trial for continuation on November 3, 4, and 5, 2026.
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“We Might Lie, But Bishops Won’t”: Senator Kalu’s Audacious Claim About President Tinubu Shocks The Nation.
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Candid Assessment: Senator Orji Uzor Kalu has suggested that political figures often present an inaccurate picture of Nigeria’s economic and security conditions to President Bola Tinubu.....KINDLY READ THE FULL STORY HERE▶
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Role of Clerics: Praising the Catholic bishops as the national conscience, the lawmaker noted that their counsel remains vital because they deliver unvarnished truths that politicians may withhold.
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National Hardships: While acknowledging the genuine difficulties currently faced by citizens, Kalu defended the administration’s trajectory and expressed strong support for the bishops’ engagement with the presidency.
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Professor Segun Aina, a computer engineering scholar, has officially stepped into his role as the new Registrar for the Joint Admissions and Matriculation Board (JAMB).....KINDLY READ THE FULL STORY HERE▶
Taking over leadership at the JAMB headquarters in Bwari, Abuja, Aina succeeds Professor Ishaq Oloyede, whose 10-year, two-term tenure concluded on July 31, 2026. Initially approved by President Bola Tinubu on May 21 when Aina was 39, this appointment marks him as the youngest individual ever to lead the examination body.
When the appointment was first announced, Bayo Onanuga, the Special Adviser to the President on Information and Strategy, highlighted Aina’s deep background in digital infrastructure, public-sector reforms, and national examination systems, noting his historic milestone as one of Nigeria’s youngest computer engineering professors.
In his inaugural address, Aina acknowledged the foundation laid by his predecessor—who is widely credited with modernizing the Unified Tertiary Matriculation Examination (UTME)—and vowed to expand on those achievements. Emphasizing a strong stance against malpractice, he warned wrongdoers that their illicit activities have no place at JAMB, promising to ramp up modern technological investments and deepen partnerships with security agencies to safeguard the integrity of the admissions process.
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TERROR IN OYO: Governor Makinde Launches Full-Scale Investigation Into Shocking School Kidnapping!.
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The Commission: Oyo State Governor Seyi Makinde established a Judicial Commission of Inquiry to probe the kidnapping of students and teachers from the Esinele and Yawota communities in the Oriire Local Government Area.....KINDLY READ THE FULL STORY HERE▶
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Meeting at the Villa: President Bola Tinubu met with the Olubadan of Ibadan, Oba Rasheed Ladoja, at the Presidential Villa in Abuja to address the successful rescue of the Oriire captives.
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No Ransom Policy: President Tinubu emphasized that the government declined to pay a ransom because security forces had mapped out the abductors’ forest stronghold.
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Military Expansion: To improve response times against terrorism and banditry, the administration is expanding the military from 8 divisions to 12 and setting up additional formations.
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