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10/03/2026

Lagos Court Sentences Obiajulu Emmanuel to One Year in Prison Over $850,000 Fraud

A High Court in Lagos State has sentenced Obiajulu Emeka Emmanuel to one year in prison after he was found guilty of a fraud case involving $850,000.
The conviction was secured by the Economic and Financial Crimes Commission (EFCC), which announced the development in a statement released on Monday via its official social media platform.
Justice Ismail Ijelu of the Lagos State High Court, sitting in Ikeja, delivered the judgment on March 9, 2026. The court found Emmanuel guilty of multiple offences including obtaining money by false pretence, forgery, and the retention of stolen property.
According to the EFCC, the case began after a petition was filed by Taeko Omomo, who had entered into a business arrangement with the defendant. The partnership was established to create a company known as First Unspeakable Grace Ltd. The business was intended to focus on acquiring land and developing properties for profitable sale.
Investigations revealed that the petitioner transferred a total of $850,000 to Emmanuel to facilitate the purchase of properties for the project. However, the funds were allegedly diverted, and the promised property acquisitions were never carried out. The money was also not returned to the investor.
The EFCC explained that the defendant’s actions violated provisions of the Advance Fee Fraud and Other Related Offences Act 2006 as well as the Criminal Law of Lagos State.
Emmanuel was initially arraigned by the EFCC’s Lagos Zonal Directorate 1, located in Ikoyi, on November 10, 2025. He faced a 21-count charge related to fraud and financial misconduct during the trial.
Following the court’s review of the evidence presented, Justice Ijelu ruled that the prosecution had successfully proven its case, leading to Emmanuel’s conviction and sentencing.
The case highlights the ongoing efforts by Nigerian anti-corruption authorities to prosecute financial crimes and protect investors from fraudulent schemes, particularly those involving large sums of money in business and property transactions.

09/03/2026

Italian journalist Serra: "Americans are very lucky. Because wherever they go to bring freedom, they find oil".

04/03/2026

Missiles fired from Lebanon towards northern Palestine

03/03/2026

Reports suggest that an Iranian drone has hot the U.S Consulate in Dubai

31/12/2025

Trump Administration Sues Virginia Over In-State Tuition for Undocumented Students

The Trump administration has filed a lawsuit against the state of Virginia, seeking to block policies that allow undocumented students to qualify for in-state tuition at public universities, including the University of Virginia. According to court documents, the lawsuit was filed Monday in a federal court in Richmond. The US Department of Justice announced on Tuesday that it is challenging Virginia laws enacted in 2020 and 2021 that permit immigrant students without permanent legal status to access in-state tuition rates and certain forms of financial assistance....

The Trump administration has filed a lawsuit against the state of Virginia, seeking to block policies that allow undocumented students to qualify for in-state tuition at public universities, includ…

31/12/2025

Mexican Businessman Alberto Prieto Killed by Cartel After Refusing to Pay Protection Fee

Mexican businessman Alberto Prieto was brutally assassinated by a criminal cartel after reportedly refusing to pay a protection fee, authorities confirmed. The attack, which has shocked the local business community, underscores the escalating violence linked to organized crime in Mexico. Prieto was ambushed while in his luxury vehicle, a Lamborghini Urus, which was reportedly struck more than 200 times by gunfire during the attack....

Mexican businessman Alberto Prieto was brutally assassinated by a criminal cartel after reportedly refusing to pay a protection fee, authorities confirmed. The attack, which has shocked the local b…

31/12/2025

Russia Begins Islamic Banking Pilot in Muslim-Majority Regions

Russia has begun piloting an Islamic banking system in several Muslim-majority republics, reflecting a strategic move to accommodate its growing Muslim population and diversify its financial sector. Anatoly Aksakov, chairman of the Financial Markets Committee of the Russian State Duma, disclosed the initiative during an event held on Friday in Kazan, the capital of the Republic of Tatarstan. According to Aksakov, Russian authorities are actively working toward the establishment of a full-fledged Islamic bank in the country....

Russia has begun piloting an Islamic banking system in several Muslim-majority republics, reflecting a strategic move to accommodate its growing Muslim population and diversify its financial sector…

31/12/2025

UAE Fully Withdraws Troops from Yemen Amid Growing Gulf Rift

The United Arab Emirates has announced the full withdrawal of its remaining forces from Yemen, formally bringing its military mission in the country to an end and marking a significant shift in Gulf regional dynamics. The decision was confirmed on Tuesday, shortly after Saudi Arabia backed a call for UAE forces to leave Yemen within 24 hours. The move has intensified an already growing rift between the two Gulf allies, both of which have long been central players in regional security and global energy markets....

The United Arab Emirates has announced the full withdrawal of its remaining forces from Yemen, formally bringing its military mission in the country to an end and marking a significant shift in Gul…

31/12/2025

Starbucks Shuts About 400 US Stores Amid Restructuring and Rising Competition

Starbucks has closed roughly 400 locations across the United States as part of a sweeping $1 billion restructuring plan, reflecting shifting consumer habits and intensifying competition in major urban markets. In New York City alone, the coffee giant shut down 42 stores—about 12 percent of its total locations in the city. The closures have reshaped the city’s coffee landscape, with Starbucks recently losing its long-held position as Manhattan’s largest coffee chain to Dunkin’ Donuts, according to the Center for an Urban Future, a New York-based think tank that tracks retail openings and closures....

Starbucks has closed roughly 400 locations across the United States as part of a sweeping $1 billion restructuring plan, reflecting shifting consumer habits and intensifying competition in major ur…

31/12/2025

Mali and Burkina Faso Announce Entry Ban on US Citizens in Retaliation to Trump Travel Restrictions

Mali and Burkina Faso have announced plans to bar United States citizens from entering their countries, escalating diplomatic tensions with Washington following President Donald Trump’s decision to impose travel bans on citizens of both West African nations. The retaliatory measures were confirmed on Tuesday through separate statements issued by the foreign ministries of Mali and Burkina Faso. The announcements come days after Trump expanded existing US travel restrictions to include 20 additional countries, among them Mali, Burkina Faso, and Niger....

Mali and Burkina Faso have announced plans to bar United States citizens from entering their countries, escalating diplomatic tensions with Washington following President Donald Trump’s decision to…

31/12/2025

Elon Musk Pushes X to Increase Creator Payouts in Bid to Rival YouTube

Elon Musk has instructed X, the social media platform formerly known as Twitter, to significantly raise payouts for creators as part of a broader strategy to compete more aggressively with YouTube and attract top video talent. The move comes amid growing competition for original content and increasing pressure from AI-driven platforms reshaping the digital media landscape. Musk openly acknowledged that current creator payments on X are insufficient and, in some cases, inaccurately calculated, making the platform less attractive for professional video creators seeking sustainable income....

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31/12/2025

Israel Claims Over 20,900 Airstrikes and Hundreds of Military Operations Across Multiple Fronts in 2025

The Israeli military has stated that it carried out an extensive campaign of air and ground operations across several Middle Eastern territories throughout 2025, marking one of its most intense years of military activity in recent history. According to a statement released by the Israeli army’s Arabic-language spokesperson, Avichay Adraee, the military conducted approximately 20,900 airstrikes and around 430 additional operations during the year....

The Israeli military has stated that it carried out an extensive campaign of air and ground operations across several Middle Eastern territories throughout 2025, marking one of its most intense yea…