Connect with us


BIG STORY

Alleged Defamation, Cyberstalking Of GTCO, CEO: Defendants Are Serial Blackmailers — Witness Tells Court

Published

on

As the trial of four bloggers charged with alleged defamation and Cyberstalking Guaranty Trust Holding Company as well as its Management resumed today, the Investigating Police Officer, IPO, Mr Yaqob Sule informed the court that the first defendant in the case, Mr Precious Eze is a serial blackmailer.

The IPO, the first prosecution witness In the matter, made this known while testifying before Justice Ayokunle Faji of the Federal High Court, Lagos today.

Led in evidence by the prosecution counsel, Chief Ajibola Aribisala, SAN, Sule told Justice Ayokunle Faji that during the investigation, it was discovered that the first defendant, Precious Eze had been arraigned before an Ebute Meta Chief Magistrate Court, Lagos early this year and was only admitted to bail on the 31 of May only for him to commit another similar offense.

These facts were made known at the resumption of the trial today after the four bloggers Precious Eze, Olawale Rotimi, Rowland Olonishuwa, and Seun Odunlami were re-arraigned on a fresh 10 counts amended charges for alleged cyberstalking and publishing false allegations through various social media outlets against GTCO, its management and Group CEO. Mr Segun Agbaje.

While being led in evidence by the prosecutor, Yaqob Sule told the court that on the 19th of September 2024 the Commissioner of Police, SFU, Ikoyi minuted a petition from GTCO legal consultant to his team and was directed to take charge of the petition as the Investigation Police Officer.

Sule said the kernel of the petition was libelous publications, breach of peace, and an attempt to extort all linked to publications.

He added that as an IPO he tried to open the links and saw the publications against GTCO, GTbank, the CEO, Management, and the Central Bank of Nigeria among others.

He added that after the arrest of the four defendants, their statements were taken. They own up to being behind the publications but confessed that they did not confirm the story’s authenticity before posting it on their blogs.

Sule added that the defendants also denied asking for money before they could pull down the story.

While investigating we discovered that the 4th defendant had registered two platforms, Newsjaunts.com and Thevision.com, and that it was through the Thevision.com platform that the 4th defendant used to negotiate for funds with the GTCO legal consultant before he would pull the story down.

The witness said that during the investigation, they profiled the defendants and took their fingerprints for forensic analysis and found out that the first defendant had earlier been arraigned for a similar offense at Ebute-Meta Chief Magistrate Court, Lagos early in May this year and was granted bail on 31st of May this year before committing this offense again.

The defendants counsel however refused the prosecution’s attempt to tender the

statements of the defendants made to the police on the ground that the statements were not voluntarily made.

Consequent upon the objection, the trial judge ordered trial within the trial of the case and adjourned the matter till tomorrow.

It will be recalled that the Body of Bank CEOs recently issued a statement expressing concern over the persistent and unwarranted attacks on social media directed at Nigerian banks. It noted that The Nigerian banking industry is the most regulated sector in the country. Banks are subject to stringent regulations as financial services companies by the primary regulator, the country’s apex bank, the Central Bank of Nigeria (CBN), and several other direct and indirect regulators. A large number of banks are publicly quoted and subject themselves to global scrutiny by domestic and international regulators and

investors.

The banking sector plays a pivotal role in the economic development of Nigeria, contributing significantly to both individual and growth of businesses of all sizes and the society at large.

Without gainsaying, the development of the economy rests significantly on the banking sector and its intermediation roles. If any individual or group has grievances or concerns regarding the operations of any bank, we strongly encourage that such complaints be directed to the appropriate regulatory authorities.

It went further to say that resorting to social media attacks, blackmail, or smear campaigns against banks and the banking sector not only undermines the hard-earned reputation of these institutions but also seeks to unfairly manipulate the targeted banks.

“We strongly urge individuals engaging in such activities to desist and consider the facts before making accusations. Regulatory agencies are well-equipped to handle such concerns with impartiality, diligence, and professionalism, ensuring that all issues are addressed through the proper channels.

We remain committed to delivering the highest standard of banking services, and we will continue to operate with the utmost professionalism, guided by the rules and regulations that govern our industry.

Together, let us encourage an environment of trust and collaboration rather than division; citizens should desist from criminalizing a highly professional sector that has brought glory to Nigeria and Africa, as the banking sector works hard individually and collectively to build a stronger and more resilient Nigerian economy that works for everyone”

BIG STORY

JUST IN: Saudi Declares Wednesday As First Day of Ramadan 2026

Published

on

After an extensive moon searching exercise, the Supreme Court of Saudi Arabia has declared that Wednesday, February 18, 2026, will mark the beginning of the holy month of Ramadan for this year, 1447 AH.

The announcement followed reports from authorized moon sighting committees across the Kingdom, in accordance with Islamic tradition, that the moon was sighted in the country.

With the confirmation on Tuesday, Muslims across Saudi Arabia will begin fasting at dawn on Wednesday, observing the ninth month of the Islamic lunar calendar with prayers, reflection, and charitable acts.

Ramadan is a period of spiritual devotion marked by daily fasting from dawn to sunset, increased worship, and community gatherings.

Mosques across the Kingdom are preparing to receive worshippers for Taraweeh prayers, while authorities have finalized arrangements to ensure smooth services during the holy month.

Government entities and private institutions are also set to implement adjusted working hours in line with Ramadan schedules.

Continue Reading

BIG STORY

JUST IN: Senate Passes Electoral Act Amendment Bill

Published

on

The Senate on Tuesday passed the Electoral Act, 2022 (Repeal and Re-Enactment) Bill 2026.

Before the passage, there was a rowdy session as the upper chamber resumed proceedings with a demand for division over Clause 60 raised by Senator Enyinnaya Abaribe (ADC/Abia South).

The Senate President, Godswill Akpabio, stated that he believed the demand had previously been withdrawn, but several opposition senators immediately objected to that claim.

Citing Order 52(6), the Deputy Senate President, Barau Jibrin, argued that it would be out of order to revisit any provision on which the Senate President had already ruled.

This submission sparked another uproar in the chamber, during which Senator Sunday Karimi had a brief face-off with Abaribe.

The Senate Leader, Opeyemi Bamidele, then reminded lawmakers that he had sponsored the motion for rescission, underscoring that decisions previously taken by the Senate are no longer valid.

He maintained that, consistent with his motion, Senator Abaribe’s demand was in line.

Akpabio further suggested that the call for division was merely an attempt by Senator Abaribe to publicly demonstrate his stance to Nigerians.

The Senate President sustained the point of order, after which Abaribe rose in protest and was urged to formally move his motion.

Rising under Order 72(1), Abaribe called for a division on Clause 60(3), specifically concerning the provision that if electronic transmission of results fails, Form EC8A should not serve as the sole basis, calling for the removal of the proviso that allows for manual transmission of results in the event of network failure.

During the division, Akpabio directed senators who supported the caveat to stand.

He then asked those opposed to the caveat to rise.

Fifteen opposition senators stood in opposition.

However, when the votes were counted, the Senate President announced that 15 senators were not in support of the proviso, while 55 senators voted in support of it.

Clause-By-Clause Consideration

Earlier, proceedings in the Senate were momentarily stalled as lawmakers began clause-by-clause consideration of the Electoral Act, 2022 (Repeal and Re-Enactment) Bill 2026, following a motion to rescind the earlier amendment.

The motion to rescind the bill was formally seconded on Tuesday, paving the way for the upper chamber to dissolve into the committee of the whole for detailed reconsideration and reenactment of the proposed legislation.

During the session, the Senate President, Godswill Akpabio, reeled out the clauses one after the other for deliberation.

However, the process stalled when at clause 60, Senator Enyinnaya Abaribe (ADC/Abia South), raised a point of order, drawing immediate attention on the floor.

Following the intervention, murmurs spread across the chamber as lawmakers began speaking in small groups and approaching the Senate President’s desk for consultations.

The session immediately moved into a closed-door session.

 

Continue Reading

BIG STORY

Dangote Signs $400 Million Equipment Deal, Set To Become Largest Refinery In The World

Published

on

Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufacturers of construction machinery, in a move set to accelerate the expansion of the Dangote Petroleum Refinery & Petrochemicals from 650,000 barrels per day to 1.4 million barrels per day, positioning it to become the largest refinery in the world.

The agreement will enable the Group to acquire additional wide range of advanced construction equipment to support ongoing and forthcoming projects across refining, petrochemicals, agriculture, and large-scale infrastructure development. The new equipment will complement existing assets deployed for the refinery expansion, which is expected to be completed within three years.

Beyond refining, the expansion programme will see polypropylene production increase from 900,000 metric tonnes per annum to 2.4 million metric tonnes per annum. Urea capacity in Nigeria will be tripled from 3 million to 9 million metric tonnes per annum, in addition to the 3 million metric tonnes per annum capacity in Ethiopia, strengthening the Group’s position as the largest urea producer globally.

Production capacity for Linear Alkyl Benzene (LAB) will also be increased to 400,000 metric tonnes per annum, positioning the Group as the largest producer in Africa and strengthening supply to the detergent and cleaning agents manufacturing industry. Additional base oil production capacity also forms part of the broader expansion programme.

In a statement, the Group described the agreement as a strategic investment aimed at deepening its construction footprint and accelerating its ambition to build a $100 billion enterprise by 2030.

“The additional equipment we are acquiring under this partnership will significantly enhance execution across our projects. With this investment, we are positioning ourselves to become the number one construction company in the world,” the statement said.

Dangote Group is currently accelerating expansion and regional market development as it advances toward its long-term vision of building a $100 billion enterprise by 2030.

 

Continue Reading


 

 


 

 

 

 

Join Us On Facebook

Most Popular


Warning: Undefined array key "slug" in /home/porsch10/public_html/wp-includes/class-wp-theme-json.php on line 2117

Warning: Undefined array key "slug" in /home/porsch10/public_html/wp-includes/class-wp-theme-json.php on line 2117

Warning: Undefined array key "slug" in /home/porsch10/public_html/wp-includes/class-wp-theme-json.php on line 2117