Connect with us


BIG STORY

I Received $300k To Pay School Fees Of Yahaya Bello’s Children — BDC Operator Tells Court

Published

on

Jamilu Abdullahi, a bureau de change (BDC) operator in Abuja, has testified in the ongoing trial of Ali Bello, a nephew of Yahaya Bello, former governor of Kogi state.

Ali Bello, alongside Abba Daudu, Yakubu Adabenege, and Iyada Sadat, are facing trial on an 18-count charge of money laundering and misappropriation involving over N3 billion.

Abdullahi appeared before Justice Obiora Egwuatu of the federal high court in Abuja to provide evidence. According to Dele Oyewale, spokesperson of the EFCC, Abdullahi received “$300,000” in cash from Daudu for the payment of school fees for the former Kogi governor’s children.

The BDC operator stated that the money was transferred to his companies’ accounts—Kunfayakun and E-Traders International Limited—on multiple occasions for school fees payments. Abdullahi said the funds were eventually paid into the account of the “American International School (AIS).”

Abdullahi described how he received the “$300,000” in cash, which was delivered to his office in a black leather bag by a friend of Abba Daudu. Due to a power outage, he was unable to count the money at that moment, but later confirmed the sum and forwarded receipts of “$75,000,” four times, to Daudu.

The payments, according to Abdullahi, were for the school fees of one of Yahaya Bello’s daughters, “Naima Ohunene Bello.”

Abdullahi also testified that he received money in installments from the former Kogi governor, including sums of “N100 million,” “N400 million,” “N35 million,” and “N90 million” on various dates in December 2021 and February 2022.

After the witness’ testimony, A.M Aliyu, counsel for Ali Bello, requested an adjournment to review the figures presented. The court, presided over by Justice Egwuatu, adjourned the trial to “October 25, 2024,” as well as “November 5 and 6, 2024,” for continuation.

BIG STORY

NOVA Bank Achieves Global Cybersecurity Milestone With ISO 27032 Certification

Published

on

NOVA Bank has achieved a major milestone in its commitment to safeguarding customer data and digital operations by attaining the globally recognized ISO 27032 Cybersecurity Standard certification. This significant achievement positions NOVA Bank among the elite financial institutions in Nigeria with such a distinction.

The ISO 27032 certification focuses on fortifying cybersecurity measures, ensuring robust protection for data, systems, and online transactions amid an ever-evolving cyber threat landscape. In addition to this achievement, NOVA Bank is already certified in ISO 27001 for Information Security Management and BCMS 22301 for Business Continuity Management, further underscoring its dedication to operational excellence and security.

Speaking on the achievement, Acting Managing Director and CEO of NOVA Bank, Mrs. Chinwe Iloghalu, described the certification as a pivotal moment for the Bank and its customers.

“This certification underscores NOVA Bank’s unwavering dedication to maintaining the highest global standards in cybersecurity. As we continue to innovate with customer-centric retail products, cybersecurity remains at the heart of our operations. Our customers can rest assured that their data and transactions are protected by some of the most advanced security frameworks in the industry. Trust is built on security, and NOVA is committed to providing a secure, reliable, and innovative banking experience,” Mrs Iloghalu stated. The Bank’s Executive Director for Operations and Information Technology, Dr. David Isavwe, who also serves as the President and Chairman of the Board of Trustees for the Information Security Society of Africa, Nigeria (ISSAN), emphasized the broader implications of the certification.

“The ISO 27032 certification highlights NOVA Bank’s proactive approach to addressing cybersecurity challenges. It demonstrates our readiness to protect against evolving threats and our ability to adapt to the dynamic landscape of digital banking. This certification reinforces our commitment to delivering secure and uninterrupted services to our valued customers,” Dr. Isavwe remarked.

This milestone aligns with NOVA Bank’s overarching strategy of integrating cutting-edge technology with its trademarked Phygital model—seamlessly blending physical and digital banking experiences, while maintaining an unwavering focus on customer trust and satisfaction.

As the bank prepares to launch a series of innovative retail banking products, this certification highlights its dedication to prioritizing cybersecurity, ensuring a secure and seamless banking experience for all its customers.

Continue Reading

BIG STORY

JUST IN: Customs Hands Over 21 Stolen Vehicles To Canadian Government

Published

on

The Nigerian Customs Service (NCS) has transferred 21 stolen “Sport Utility Vehicles” (SUVs) and other assorted vehicles to the Canadian Government, following their recovery from various locations across the country.

 

More to come…

Continue Reading

BIG STORY

Former Kogi Governor Yahaya Bello Now In Our Custody — EFCC

Published

on

The Economic and Financial Crimes Commission (EFCC) has revealed that former Kogi State governor, Yahaya Bello, has been detained in the agency’s custody for allegedly misappropriating over N110 billion in public funds.

The EFCC stated that the former governor appeared at its headquarters after months of ignoring invitations and avoiding court summons related to fraud connected to his administration.

EFCC spokesperson, Dele Oyewale, on Tuesday said that Bello had been detained and would be questioned about the allegations against him.

According to reports, Bello responded to the EFCC’s invitation on Tuesday, arriving at the EFCC office with his lawyers, but without his successor, Governor Usman Ododo, who had reportedly been shielding him from arrest.

Continue Reading



 

Join Us On Facebook

Most Popular