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EFCC Arraigns Professor Uche Edwin, 3 Others For Alleged N1.5 Billion Fraud

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The Economic and Financial Crimes Commission (EFCC) Thursday arraigned Uche Edwin, a professor, on charges of N1.4 billion fraud.

Mr Edwin was arraigned alongside three companies at the Federal High Court in Lagos, a statement by the anti-corruption agency said.

According to the statement signed by EFCC’s spokesperson, Wilson Uwujaren, the companies standing trial alongside the professor as his co-defendants are Visionary Integrated Consulting Limited, NEMAD Associates Limited, and Revamp Global Enterprise.

The defendants face 11 counts of conspiracy, retention and conversion of a total N1, 473,367,046.04, allegedly belonging to the Maize Growers, Processors and Marketers Association of Nigeria (MAGPAMAN).

Mr Edwin pleaded “not guilty” to all the charges.

Following his not-guilty plea, the prosecution counsel, C.C. Okezie, asked the court for a trial date and also asked that the defendant be remanded.

The defence counsel, Mobolaji Akintunde, in response, made an application for bail on behalf of his client.

Mr Akintunde urged the court to grant his client bail. He also urged the court to allow his client to be remanded in EFCC custody pending when he would be able to meet the bail conditions the court might impose.

In a short ruling, the judge, Nicholas Oweibo, granted bail to the defendant in the sum of N1 million and two sureties in like sum.

The sureties must possess landed property within the jurisdiction of the court, and show a tax clearance certificate of three months as well as their passport photographs.

The defendant was also ordered to deposit his passport with the court.

The judge adjourned the trial till 27 June for the commencement of the trial.

One of the counts reads: “ That you, Professor Uche Chigozie Edwin, Visionary Integrated Consulting Limited, Nemad Associates Limited and Revamp Global Enterprise, sometime in 2021 in Lagos, within the jurisdiction of this Court, conspired amongst yourselves to use the sum of N1, 473,367,046.04 (One Billion, Four Hundred and Seventy-Three Million, Three Hundred and Sixty-Seven Thousand, forty-six Naira, Four Kobo), property of the Maize Growers, Processors and Marketers Association of Nigeria (MAGPAMAN), which sum you reasonably ought to have known forms part of the proceeds of your unlawful activity to wit: fraud; and you thereby committed an offence, contrary to Section 18(a) of the Money Laundering (Prohibition) (Amendment) Act, 2012 and punishable under Section 15(3) of the same Act.”

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Adron Homes Launches Lemon Friday Plus Promo 2025 With Discounts, Flexible Payments, And December Rewards

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Adron Homes and Properties has announced the official launch of its Lemon Friday Plus Promo 2025, an exciting opportunity for Nigerians to own land at discounted rates while enjoying mouth-watering rewards this festive season.

This year’s edition allows customers to begin their homeownership journey with an initial deposit as low as ₦50,000 and spread payments over multiple instalments. Subscribers also enjoy a 30% discount on land purchases with the option to clear the balance conveniently over 24 months.

Adron Homes’ estates are carefully designed to provide residents with the best of modern living, featuring adequate power supply, good road networks, functional drainage systems, CCTV, 24-hour security, recreational centers, shopping malls, and green spaces that promote healthier lifestyles.

The promo covers estates across Lagos, Ogun, Oyo, Ekiti, Abuja (FCT), Nasarawa, Plateau, Osun, and Niger States, giving prospective homeowners multiple location options in rapidly developing communities.

Promo Rewards by Category:

• BRONZE (₦300,000 deposit): 25kg bag of Rice + 2 Chickens + Vegetable Oil OR Home Theatre.
• SILVER (₦500,000 deposit): A Goat OR 50kg Bag of Rice + 3 Chickens + Vegetable Oil OR Rechargeable Fan.
• GOLD (₦1,000,000 deposit): A Goat + 50kg Bag of Rice + Palm Oil + Garri Ijebu OR 2 Bags of 50kg Rice + 4 Chickens + Palm Oil + Garri OR Washing Machine.
• DIAMOND (₦3.5M deposit on estates above ₦20M before discount): A Cow OR Double-Door Fridge.

Adron Homes has consistently bridged the home ownership gap in Nigeria by introducing flexible and convenient payment plans that allow more families to become homeowners. With initiatives like Lemon Friday Plus, the company is breaking down financial barriers and creating sustainable pathways for Nigerians to secure their future through real estate.

Promo Duration

• Instalment payments for initial deposits run from 7th July to 31st November 2025.
• The promo officially ends 6th January 2026.

“The Lemon Friday Plus Promo is our way of making December unforgettable for our customers,” said Adron Homes’ management. “We are not only offering affordable land ownership, but also giving families gifts that make the festive season brighter.”

Adron Homes invites all aspiring homeowners, investors, and families to take advantage of this limited-time opportunity to own property with flexible payment plans and rewarding bonuses.

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UBA Hosts Global Leaders At UNGA 2025, Launches Whitepaper On Unlocking Africa’s Potential

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Africa’s Global Bank, United Bank for Africa (UBA) Plc is set to make a bold statement on the global stage as it will be gathering world leaders, policymakers, and investors and other private sector players at the forthcoming 2025 United Nations General Assembly (UNGA).

This year’s gathering at the UNGA, which is the 80th Edition, will be held between September 15th and September 25th, and as always, UBA Group has mapped out series of engaging activities to spotlight Africa’s opportunities and foster high-level dialogue with global leaders towards boosting the continent’s potential.

A key part of the event, will be the UBA’s unveiling of a ground-breaking whitepaper that presents actionable strategies for unlocking Africa’s vast economic potential, as part of the bank’s mission to drive sustainable growth across the continent.

The whitepaper, a first-of-its-kind initiative by a leading African financial institution at UNGA, titled ‘Banking on Africa’s Future: Unlocking Capital and Partnerships for Sustainable Growth’, will highlight opportunities in trade, infrastructure, digital innovation, climate finance, and inclusive growth.

By providing a roadmap for collaboration between Africa and the global community, UBA aims to position the continent not just as a beneficiary of investment, but as a critical driver of future global prosperity.

Apart from the Whitepaper launch, other activities of the group will include the Business Council for International Understanding (BCIU) Roundtable to be hosted by UBA America, as well as the annual UBA Reception.

The reception will convene world leaders, policymakers, and influential business executives who will be involved in critical dialogues on investment and development across the continent.

UBA’s Group Chairman, Tony Elumelu, emphasized the strategic importance of these dialogues, explained that over the past few years, UBA has become an active leader in conversations and activities that will drive tangible investments to the continent.

“These conversations are fundamentally different from previous discussions because they will be followed by feasible and actionable decisions. UBA will actively work to implement these outcomes for the benefit of the continent, as committed partners in Africa’s development and sustainability,” Elumelu noted.

Continuing, he said, “’The United Nations General Assembly is the largest and most official gathering of world leaders, and we cannot let such an opportunity pass without major African players like UBA taking centre stage to bring these leaders together and showcase Africa’s potential.”

UBA’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, who remarked on the upcoming event, especially the whitepaper’s significance, emphasized the need for more private organizations and players to demonstrate their commitment to the continent’s development through concrete action and proven capabilities.

United Bank for Africa is one of the largest employers in the financial sector on the African continent, with 25,000 employees group wide and serving over 45 million customers globally. Operating in twenty African countries and the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting edge technology.

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Iyan Olodo: The City Pulse Lounge Revives Authentic Yoruba Dining In Ikeja

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The City Pulse Lounge, a branch of The City Pulse, has introduced its flagship dish Iyan Olodo in Ikeja—a freshly pounded yam served in the traditional manner with pure palm wine in calabash style.

The experience is designed as more than just food; it’s a return to cultural roots. At the lounge, guests can hear yam being pounded live (unless it’s a pre-order), and the atmosphere is steeped in Yoruba tradition. On weekends, the venue hosts live performances featuring Juju, Fuji, Gospel, and other cultural arts, turning dining into a celebration.

“Ayoyemi Mojoyinola, popularly known as Ayo Mojoyin, founder of The City Pulse Lounge, said he created Iyan Olodo ‘to bring back the memories of our forefathers in the villages’.” He explained that, as a journalist-turned-hospitality entrepreneur, he wanted to preserve Yoruba culture by replicating how elders used to eat yam with fresh palm wine.

The new dish has already drawn several A-list personalities. Patrons include Chief Bestman Nze (President of Team Nigeria), celebrity journalist Otunba Femi Davies (founder of Metronews Nigeria), realtor Otunba Olayinka Ogundipe (‘Ultra’), and broadcaster Adebisi Adewusi (DebisiKonga). Videos featuring these influencers enjoying Iyan Olodo are being shared, fuelling its cultural buzz.

Menu prices include Iyan with Fish / Bokoto / Ogufe at ₦4,000; Iyan with Assorted & Ponmo Ijebu at ₦5,500; Iyan with Fresh Fish is priced at ₦10,000. Pure, natural palm wine (not mixed) costs ₦2,000 per bottle. Eat-in only; takeaway or delivery incurs extra packaging/dispatch fees.

Iyan Olodo is served daily from 1:30pm to 8:00pm, with pre-orders allowed for earlier or later service. The lounge is located at The City Pulse Lounge, inside Lagos Television, Plot 1 Lateef Jakande, Agidingbi, Alausa, Ikeja.

The City Pulse Lounge plans to expand Iyan Olodo soon to Ogun State and the Federal Capital Territory, with those plans already underway.

For Nigeria’s Independence Day, a special Iyan Olodo promotion will run from October 1-5, 2025. Official details are expected to be announced on September 25.

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