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DIAMOND BANK OF FRAUD: Why Abike Dabiri slams N500m Libel Suit Against Them

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DIAMOND

 

The former member of the House of Representatives, Abike Dabiri-Erewa, has slammed a N500 million libel suit on Diamond Bank Plc for maliciously identifying her as one of its chronic debtors.

Joined as co-defendants in the suit is Punch Newspapers Limited, which first published the list last Tuesday.

In an affidavit filed on her behalf at a Lagos court by Lagos lawyer Adetokunbo Mumuni, the former legislator, who represented the Ikorodu Federal Constituency in the House between 2003 and 2015, averred that she was bombarded with phone calls and text messages as early as 6a.m. on August 4 over a report in The Punch that Thriller Endeavours, which was said to be her company, owed Diamond Bank N122,912,031.06.

The suit claims that she is neither a subscriber to the Memorandum and Articles of Association of Thriller Endeavours, nor a Director of the company.  Consequently, she said, the bank had engaged in deliberate mischief to include her name as a Director of Thriller Endeavours when she has nothing to do with the company.

She also claims that The Punch engaged in monumental mischief when it published her name in its pages as a person whose company was indebted to the bank.

Dabiri-Erewa further says in the suit that as a well-known politician, The Punch has subjected her to public opprobrium, ridicule, and embarrassment of monumental proportions.   Following the publication, she said she mandated her lawyer to write to the newspaper for a retraction but that they refused to comply with that demand.

In addition to the N500m claim against the defendants as damages for injury to her reputation, Dabiri-Erewa is also claiming N3million as professional fees of her solicitors, and an order of the court directing the defendants to apologize to her separately and jointly in three national dailies, in addition to The Punch.

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Renewed Hope Ambassadors Inspect RHA Secretariat

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Renewed Hope Ambassadors Inspect RHA Secretariat

 

Renewed Hope Ambassadors, led by its Director-General and the Governor of Imo State, Hope Uzodinma, alongside Zonal Coordinators (NW, NC, SE), the Media & Publicity Directorate, and other key stakeholders, inspected the RHA Secretariat two days after President Bola Tinubu unveiled the Renewed Hope Ambassadors grassroots engagement drive in Abuja.

 

APC Convention Committee Inspects Secretariat Buildings in Abuja

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Harmony Gardens’ Ibeju-Lekki Portfolio Crosses $1bn

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Harmony Gardens’ Ibeju-Lekki Portfolio Crosses $1bn

Harmony Garden & Estate Development Limited has expanded its development activities across Ibeju-Lekki, pushing the projected long-term value of its estate portfolio beyond $1 billion.

Led by Chief Executive Officer Hon. Dr. Audullahi Saheed Mosadoluwa, popularly know Saheed Ibile, the company is developing seven estates within the Lekki–Ibeju corridor. Details available on Harmony Garden & Estate Development show a portfolio spanning land assets and ongoing residential construction across key growth locations.

A major component is Lekki Aviation Town, where urban living meets neighborhood charm, located near the proposed Lekki International Airport and valued internally at over $250 million. The development forms part of the company’s broader phased expansion strategy within the axis.

Other estates in the corridor tagged as the “Citadel of Joy” (Ogba-idunnu) include Granville Estate, Majestic Bay Estate, The Parliament Phase I & II, and Harmony Casa Phase I & II.

With multiple projects active, the rollout of the Ibile Traditional Mortgage System, and structured expansion underway, Harmony Garden & Estate Development Ltd continues to deepen its presence within the fast-growing Ibeju-Lekki real estate market.

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BUA Group Showcases Food Manufacturing Strength at 62nd Paris International Agricultural Show

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BUA Group Showcases Food Manufacturing Strength at 62nd Paris International Agricultural Show

BUA Group, one of Africa’s leading diversified conglomerates, is maintaining a strong presence at the ongoing 62nd edition of the Paris International Agricultural Show in France, participating as a premium sponsor and supporting the Nigeria Pavilion at one of the world’s most respected agricultural gatherings.

The 62nd Paris International Agricultural Show, taking place from February 21 to March 1, 2026, at Porte de Versailles in Paris, convenes global leaders across farming, agro processing, technology, finance, and policy. The event serves as a strategic platform for industry engagement, knowledge exchange, and commercial partnerships shaping the future of global food systems.

BUA Group’s participation reflects its long term commitment to strengthening the entire food production value chain. Through sustained investments in large scale processing, value addition, and branded consumer products, the Group continues to reinforce its role in advancing food security, industrial growth, and regional trade integration.

Speaking on the Group’s participation, the Executive Chairman of BUA Group, Abdul Samad Rabiu CFR, said, “BUA’s presence at the Paris International Agricultural Show reflects our belief that Africa must be an active participant in shaping the future of global food systems. We have invested significantly in local production capacity because we understand that food security, industrial growth, and economic resilience are interconnected. Platforms like this allow us to build partnerships that strengthen Nigeria’s competitiveness and expand our reach beyond our borders.”

BUA Foods, a subsidiary of BUA Group, maintains a strong footprint in flour, pasta, spaghetti, sugar, and rice production, serving millions of consumers within Nigeria and across neighbouring African markets. The Managing Director of BUA Foods, Engr. Abioye Ayodele, representing the Executive Chairman, is attending the event at the Nigeria Pavilion, engaging industry stakeholders and showcasing the company’s manufacturing capabilities.

Also speaking at the show, Engr. Ayodele stated, “BUA Foods has built scale across key staple categories that are central to household consumption. Our participation at this Show allows us to demonstrate the quality, consistency, and operational strength behind our products. We are also engaging global stakeholders with a clear message that Nigerian manufacturing can meet international standards while serving both domestic and regional markets efficiently.”

The Show provides BUA Group with an opportunity to deepen trade relationships, explore new export pathways, and reinforce Nigeria’s growing relevance within the global agricultural and food ecosystem.

BUA Group remains focused on building enduring institutions, expanding productive capacity, and positioning African enterprise competitively within global markets.

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