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EFCC Declares Ogunbambo, MD, Fargo Petroleum Wanted for N1 Billion Subsidy Scam

  • June 14, 2025
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The Economic and Financial Crimes Commission (EFCC) has declared Oluwaseun Olubukola Ogunbambo, the Managing Director of Fargo Petroleum and Gas Limited, wanted for allegedly defrauding the Federal Government of Nigeria of nearly N1 billion in a high-profile oil subsidy scam. According to an official bulletin released by the EFCC, Ogunbambo is accused of fraudulently claiming […]

business

IEA, OPEC Disagree on Global Oil Supply Adjustments Amid Iran-Israel Conflict

  • June 14, 2025
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Fatih Birol, Executive Director of the International Energy Agency (IEA), has affirmed the agency’s readiness to intervene, if necessary, to mitigate potential repercussions on global energy supply in the wake of the Israel-Iran conflict.   On Friday, Israel unleashed a series of strikes against oil-abundant Iran, prompting Iranian countermeasures and heightening concerns about disruptions to […]

Nyeson Wike: Political Enigma, Very Valuable Asset

By Bamidele Atoyebi   Among the key moments in Nigeria’s 2023 presidential election, nothing stood out quite like the events in Rivers State, orchestrated by Nyesom Wike. While many politicians followed traditional political tactics, Wike achieved something remarkable that went against conventional wisdom.   What unfolded in Rivers was more than just an electoral win; […]

Rivers State Lawmakers Blast Senator Dickson Over Democracy Day Outburst

  The Rivers State National Assembly caucus has come out strongly against Senator Seriake Dickson, representing Bayelsa West Senatorial District, over his comments on President Bola Tinubu’s Democracy Day address.   The caucus has warned Dickson to stop meddling in the affairs of Rivers State, following his condemnation of the President’s speech at the National […]

Kanu’s Smuggled Secret Radio Biafra Transmitter Exposed

  The Federal High Court in Abuja has been presented with shocking evidence of how Nnamdi Kanu, the leader of the proscribed Indigenous People of Biafra (IPOB), allegedly smuggled a radio transmitter into Nigeria, concealing it within household items.   According to a witness from the Department of State Services (DSS), the transmitter was brought […]

News

Four Filipinos, 8 Nigerians Jailed for Internet Fraud, Money Laundering

Four Filipino nationals and eight Nigerians have been convicted and sentenced for cybercrime-related offenses, including internet fraud and money laundering.   The convicts were arraigned by the Economic and Financial Crimes Commission (EFCC) before Justice Yellim Bogoro of the Federal High Court in Lagos.   The EFCC prosecution team, led by Anita Imo, presented evidence […]

Paris Revives Iconic Balloon to Rekindle Olympic Spirit

  The city of Paris is set to relive the magic of the 2024 Summer Olympics as the iconic Olympic balloon makes a comeback next week.   The reinvented balloon, which features a redesigned ring and environmentally friendly fire, will once again take to the Parisian sky at sunset, bringing back fond memories of the […]

Ex-Governor Cuomo Faces Uphill Battle for NYC Mayor

  Former New York Governor Andrew Cuomo is attempting a political comeback, setting his sights on becoming the mayor of New York City, the largest city in the United States.   However, his path to the mayor’s office is fraught with challenges, including a scandal-tainted past and a formidable opponent in the Democratic primary.   […]