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Vetifly co-founders declared wanted by EFCC

 The Economic and Financial Crimes Commission (EFCC) has declared wanted the Chief Executive Officer (CEO), Emmanuel Wisdom Okoh and Chief Operating Officer and board member, Angel Odumodu of Vetifly Global Inc. for alleged stealing and obtaining money by false pretence.  The anti-graft agency in a public notice on Wednesday, displaying the photographs of the wanted persons, said, “The public is hereby notified that the persons whose photographs appear above are wanted by the Economic and Financial Crimes Commission (EFCC) in an alleged case of Conspiracy, Stealing and Obtaining Money by False Pretense linked to their company – Vetifly Global Inc. Odumodu is 36 years old, and his last known address is: Plot 6, ELM Street, Osbourne Forshore Estate, Phase 2, Ikoyi, Lagos State. “Okoh, 37, was last seen at Plot 6, ELM Street, Osbourne Forshore Estate, Phase 2, Ikoyi, Lagos State.” Vetifly says on its website that it offers helicopter ride services that include intercity shuttle, intracity
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WEMA BANK ALERTS CUSTOMERS TO FRAUDULENT ADVANCE PAYMENT REQUESTS FOR LOAN DISBURSAL

 Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has alerted its customers to beware of fraudulent antics involving requests for advance payments to secure loans, asserting that Wema Bank will never request any form of advance payment into personal or corporate accounts before disbursing loans. This notice was issued following recent inquiries by customers who had received messages from fraudsters impersonating certain personalities and organisations, asking them to pay certain amounts into a 3rd party Wema Bank Account to secure a loan. The bank has responded to these inquiries, explicitly stating that Wema Bank loans do not come at any advance cost, and that all requests for advance payment for loan disbursement must be denied. Wema Bank further charged customers to report all such cases to the bank by either sending an email to purpleconnect@wemabank.com with proof attached or sending a Direct Message (DM) to the bank’s official

SANWO-OLU ELEVATES AKOSILE TO SPECIAL ADVISER, MEDIA AND PUBLICITY

 The Lagos State Governor, Mr. Babajide Sanwo-Olu, has elevated his Chief Press Secretary (CPS), Mr. Gboyega Akosile, to Special Adviser, Media and Publicity.  The appointment, which took immediate effect, was announced on Wednesday in a letter dated March 13, 2024, and signed by the Head of Service, Mr. Bode Agoro.   "I wish to convey the approval of Mr. Babajide Sanwo-Olu, the Governor of Lagos State, of your new appointment as Special Adviser, Media and Publicity (Non-Cabinet Rank) to Mr. Governor. The appointment takes effect from 13th March 2024 to 21st May 2027.   "In appointing you, the State Government expects you to demonstrate a high level of dedication, diligence, and selflessness in the discharge of your duties to justify the confidence and trust reposed in you," the statement reads in part.    Before his new appointment, Akosile was the Chief Press Secretary to Governor Sanwo-Olu.  He had earlier served as Media Adviser to the Governor during the 2019 govern

NEPL/SEPLAT JV Kicks-Off the 2024 “Eye Can See” Initiative

 The NEPL/Seplat Energy JV has kicked off the 2024 edition of the Eye Can See initiative, one of its flagship Corporate Social Investment (CSI) in Benin, Edo State. The event, which took place at the Palace of the Oba of Benin, is designed to provide free optical treatment at all levels to members of the communities within NEPL/SEPLAT operational communities. Photo Caption (Seplat -Eye Can See 2024) - L-R: Mildred Medinus, Broadcast Media Advisor, NEPL; Chief Victor Osa Uzamere, Obadolaye of Benin; Emmanuel Otokhine, Base Manager, Western Asset, Seplat Energy; Esther Icha, Manager, Corporate Social Investment, Seplat Energy; Faith Otitinor, Community Liaison Officer, NEPL and Chief Uyi Okungbowa, Ogua of Benin at the NEPL/Seplat Energy JV "Eye Can See" programme held on Wednesday March 13, 2024 at the Oba of Benin Palace, Edo State. Specifically, the programme is targeted at men, women and children with eye problems and aims to ensure the provision of free eye care, visual ai

WEMA BANK EMERGES MEMBER OF THE MONTH FOR FINTECH ASSOCIATION OF NIGERIA

 Wema Bank, Nigeria’s foremost innovative bank and Africa’s first fully digital bank, ALAT, has been recognised as the member of the month by the Fintech Association of Nigeria for its outstanding contributions to the fintech and innovation ecosystem. The Fintech Association of Nigeria [FinTech NGR] is a non-profit and non-political organisation established to serve as a platform for the development of the Nigerian financial technology [FinTech] industry; interfacing with the Central Bank of Nigeria [CBN], Securities and Exchange Commission [SEC] and other relevant bodies to develop the industry.  According to FinTech NGR, Wema Bank’s emergence as Member of the month is corollary to a number of factors which include: - Wema Bank’s active collaboration within the FinTech industry, striving towards common objectives and nurturing a spirit of togetherness within the FinTech community. - The bank’s position as a steadfast financial member of the Association. - Wema Bank’s numerous co

Dollar crashes from 1800 to 1400 as Goverment attacks spot buyers on Binance

 The Federal Government of Nigeria determination to curb the activities of forex speculators seem to be gaining momentum with the exchange rate now down to 1439 to 1 US Dollar. The Naira strengthens against USDT as Binance and other crypto platforms confirm they are in talks with government to curb spot trading.  Aside talks with Binance and other platforms, the attack against currency speculators is also been effectively sustained by the office of National Security Adviser, Economic and Financial Crime Commission (EFCC) and the police. A source disclosed that Naira will continue to strengthen against the dollar and the economy will experience speedily recovery from saboteurs.     "In a surprising turn of events, the Nigerian Naira has shown significant strength against the Tether (USDT) cryptocurrency, with its value improving to 1438 from a previous high of over 1800. This development occurs amidst growing speculation that major cryptocurrency platforms, including Binance, are i

EFCC Recovers N30 Billion from Ministry of Humanitarian N37B fraud

 The Economic and Financial Crimes Commission has recovered over N30bn from the N37,170, 855,753.44 allegedly laundered in the Ministry of Humanitarian Affairs under the former minister, Sadiya Umar-Farouk. Sources in the anti-graft agency, who spoke with our correspondent on Friday, said the commission had also uncovered over N500m from the scam associated with Umar-Farouk’s successor, Betta Edu, who was recently suspended by President Bola Tinubu. A Nigerian newspaper, PUNCH had in December reported that N37,170,855,753.44 was transferred from government coffers and sent to 38 different bank accounts domiciled in five legacy commercial banks belonging to or connected with a contractor, James Okwete. It was gathered on Friday that N30bn was recovered by the EFCC following the placement of a lien on the bank accounts of Umar-Farouq and Okwete, who are still being grilled by the anti-graft agency’s investigators.