NEWS
Ecobank Hands Over Manager To Police For N14m Fraud
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The management of Ecobank Nigeria has facilitated the arrest of the operational manager of its Ejigbo branch, Akhanenu Ikechukwu, 41, for allegedly withdrawing N14,014.157 from the account of two customers of the bank without authority. The accused was handed over to the Nigerian Police at the Ikoyi Division Lagos, Western Nigeria.
The police also established that the accused shared the money with his partner in crime, Nduka Stephen,36.
According to the police, the suspects were arrested following a complaint by the management of Ecobank.
After investigation by Sergeant Ijatuyi Tope and his team, the suspects were arraigned before an Igbosere Magistrates’ Court, Lagos on Monday on a four-count charge of felony to wit fraud, forgery and stealing.
Police prosecutor, Inspector Igonbo Emby informed the court in charge No F/34/20/2016 that the accused persons committed the alleged offence between September and November 2015 during working hours.
Emby told the Court that the first accused used his position as the operational Manager of EcoBank, Ejigbo branch to fraudulently withdraw N10m from Account No. 2741128259 belonging to a customer of the bank, Rabiu Oladimeji Lawal, and N4m from another account with forged documents and transferred the money into his accomplice’s account from where they allegedly withdrew the money and shared it.
He said nemesis caught up with the first accused when the management of Ecobank audited their account books and discovered the fraud. The bank, he added, called in the police to effect the arrest of the accused.
Emby said the offences are punishable under sections 409, 361(B), 285(7) of the Criminal Laws of Lagos State, 2011.
The accused persons pleaded not guilty to the allegations and Magistrate P.A. Adekomaiya admitted them to bail in the sum of N3m each with two sureties each in like sum.
Adekomaiya adjourned the case till 11 July, 2016 for mention, while the defendants were taken to Ikoyi Prison, Lagos pending the perfection of their bail conditions.
The Chairman, Adron Homes and Properties Limited, Aare Adetola Emmanuel-King, has reiterated the company’s unwavering commitment to Nigeria’s cultural diversity and traditional institutions during a courtesy visit to the Alaafin of Oyo, His Imperial Majesty, Oba Abimbola Akeem Owoade I.
According to the Adron CEO, the visit reflects the company’s belief that national development must be anchored on respect for heritage, culture, and indigenous authority across all ethnic nationalities.
“Nigeria’s greatest strength lies in its diversity. At Adron Homes, we recognise that culture and tradition are not obstacles to development, but the very foundation upon which sustainable progress must be built,” Emmanuel-King stated.
He emphasised that Adron Homes’ engagement with traditional institutions is inclusive and nationwide, cutting across regions and ethnic lines as part of its broader vision for unity and shared prosperity.
“Our respect for traditional institutions is not limited to any one region. We honour royal fathers across Nigeria because they are custodians of our identity, values, and social stability,” he added.
The Adron Chairman noted that the company’s expanding footprint across several states continues to contribute to housing delivery, job creation, and economic empowerment, while aligning modern real estate development with indigenous values.
“We remain committed to building communities that serve present needs without eroding the cultural heritage that future generations must inherit,” Emmanuel-King said.
He further reaffirmed Adron Homes’ readiness to support initiatives that promote cultural preservation, tourism, and community development, stressing that collaboration between the private sector and traditional institutions is vital for inclusive national growth.
In his response, the Alaafin of Oyo, Oba Abimbola Akeem Owoade I, commended Adron Homes for recognizing culture and tradition as pillars of development, offering royal prayers for the company’s leadership, continued success, and the peace and unity of Nigeria.
The visit concluded with royal blessings and goodwill, reinforcing Adron Homes’ position as a corporate brand committed to cultural solidarity, inclusivity, and a diverse future for Nigeria.
For 500 students from public schools across Lagos’ six education districts, Christmas arrived early. During events marking his birthday in November, Rt. Hon. (Dr) Mudashiru Obasa, Speaker of the Lagos State House of Assembly, promised a cash gift of ₦100,000 to each student who attended to celebrate with him, sparking waves of excitement among them. Speaker Obasa has redeemed his promise, giving the students a December to remember.
Dr. (Mrs.) Sherifat Abiodun Adedoyin, a member of the Lagos State Universal Basic Education Board (LASUBEB), announced the redemption of the cash gift. “Rt. Hon. (Dr.) Mudashiru Ajayi Obasa, Speaker of the Lagos State House of Assembly, has graciously redeemed his promise of ₦100,000 each for 500 students across Lagos State. This generous commitment was made during his recent birthday celebration on November 11, 2025, and it truly highlights his steadfast dedication to enhancing education and the well-being of children in Lagos State.”
Adedoyin stated further, “We deeply appreciate this wonderful gesture, which will significantly help meet the educational needs of the students and promote academic excellence. May this act of kindness continue to inspire hope and create a positive impact in our community.”
The ₦50 Million Educational Support, according to the Speaker, is an investment in the future of the public secondary school students, representing invaluable opportunities for education, vocational training, and entrepreneurship.
Indeed, at the pre-birthday event, themed “The Youth: Striving to Greater Heights,” which brought together students from across the state, Speaker Obasa’s empowerment initiative turned a personal milestone into a defining moment for youth development in the state.
He also seized the opportunity to inspire and challenge the youth, reminding them that challenges harbour lots of opportunities and that it takes laser-like focus, perseverance, and a steadfast faith in God to pull through.
“This personal journey is not just my story; it is a message to every young person here and those watching across various platforms. It is a wake-up call- a call to rise, to believe in yourself, and pursue your dreams with passion and determination.
“The sky is not the limit; it is only the beginning when you choose to unlock your potential and embrace the opportunities that abound in our great nation.”
Speaker Obasa capped the day with the announcement of a structured mentorship program to pair young talents with seasoned professionals, which he described as a pathway to sustained growth and impact. “This isn’t just inspiration, it’s a pathway to greatness,” he affirmed.
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