Business
EFCC confirms return of N1bn by Ex-Customs Boss, Dikko
The Economic and Financial Crimes Commission, EFCC, on Saturday confirmed media reports that a former Comptroller-General, Nigeria Customs Service, Alhaji Abdullahi Dikko, returned N1bn to the Federal Government.
Dikko, who headed the NCS between August 2009 and August 2015, was reportedly arrested by the EFCC in June over alleged diversion of N40bn from the agency’s coffers.
He was said to have been released due to his poor health and was expected to return more money.
The commission’s spokesperson, Mr. Wilson Uwujaren, who gave the confirmation on Saturday, also confirmed the seizure of a property belonging to the former customs boss in the Jabi District of Abuja, saying it was under investigation.
Media reports had identified the property as a mansion worth N2bn and located at 1 Audu Ogbe Street, Jabi, Abuja.
The EFCC spokesperson also confirmed the release of ex-Minister of State for Defence, Sen. Musiliu Obanikoro, who had been in the commission’s detention since October 17.
He said that the former minister returned N100m as reported and that the amount was being verified by the commission.
He said, “He dropped his Nigerian and American passports, apart from being released to two sureties.”
Obanikoro submitted himself to the EFCC on October 17 following accusations of a N4.7bn fraud also linked to his two sons, Jide and Gbolahan.
NAN
Business
Alpha Morgan Bank Reinforces Commitment to Education at Redeemer’s University Business School Commissioning
Alpha Morgan Bank Reinforces Commitment to Education at Redeemer’s University Business School Commissioning
Alpha Morgan Bank has reaffirmed its commitment to education and institutional development through its support for the commissioning of the Redeemer’s University Business School.
The Business School was officially inaugurated by Pastor (Mrs.) Folu Adeboye, at the commissioning ceremony attended by distinguished guests including Her Excellency, Mrs. Bola Obasanjo; the Pro-Chancellor and Chairman, Governing Council of Redeemers University, Professor Oluwatoyin Ogundipe; the Vice Chancellor, Professor Shadrach Olufemi Akindele; and other notable dignitaries.
Speaking at the event, the Managing Director of Alpha Morgan Bank reiterated the Bank’s commitment to supporting institutions that drive intellectual growth and national development.
As part of its broader focus on knowledge sharing and thought leadership, Alpha Morgan Bank will host its Economic Review Webinar in May 2026, bringing together experts to share insights on key economic trends and opportunities.
The Bank’s involvement reflects its continued dedication to empowering institutions and shaping the future of business and leadership in Nigeria.
Read more about Alpha Morgan Bank on www.alphamorganbank.com
PHOTO
L-R: Prof. Shadrach Olufemi Akindele, Vice Chancellor, Redeemers University, Engr. Eloka Eje, Dr Perez Araka, Pastor (Mrs) Folu Adeboye, Mother-In-Israel, The Redeemed Christian Church of God, Mr Ade Buraimo, MD/CEO Alpha Morgan Bank, Dr (Mrs) Oluwatomi Somefun, Dr. Simeon Ifere, at the inauguration of the Redeemer’s University Business School, Redemption City, Ogun State on Thursday 2nd April, 2026
Business
Tinubu Aide Rebuts Rufai Oseni Over ₦3.3tn Power Debt Deal
Tinubu Aide Rebuts Rufai Oseni Over ₦3.3tn Power Debt Deal
Business
Aare Adetola Emmanuelking Welcomes President Tinubu to Gateway International Airport Commissioning in Iperu-Remo
Aare Adetola Emmanuelking Welcomes President Tinubu to Gateway International Airport Commissioning in Iperu-Remo
In a momentous occasion that underscores the rapid infrastructural advancement of Ogun State, renowned real estate mogul and philanthropist, Aare Adetola Emmanuelking, warmly received the President of the Federal Republic of Nigeria, Bola Ahmed Tinubu, at the official commissioning of the Gateway International Airport, located in Iperu-Remo.
The landmark event, held under the visionary leadership of the Ogun State Governor, Dapo Abiodun, marks a significant stride in the state’s economic transformation agenda, positioning Ogun as a key hub for aviation, commerce, and investment in Nigeria.
Aare Emmanuelking, who is also the Chairman/CEO of Adron Homes and Properties, commended the Ogun State Government for its foresight and commitment to infrastructural excellence. He described the airport project as a “game-changer” that will not only boost connectivity but also stimulate real estate growth, tourism, and industrial expansion across the region.
Speaking during the commissioning, President Tinubu lauded Governor Abiodun’s administration for delivering a world-class facility that aligns with the Federal Government’s Renewed Hope Agenda, emphasizing the importance of strategic infrastructure in driving national development.
The Gateway International Airport is expected to serve as a critical gateway for investors and travelers, further enhancing Ogun State’s reputation as one of Nigeria’s most business-friendly environments.
The presence of top dignitaries, industry leaders, and stakeholders at the event underscores the project’s significance and its anticipated impact on the state’s socio-economic landscape and beyond.
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