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EFCC Arraigns Husband, Wife, Two Companies For N740m Investment Fraud

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The Economic and Financial Crimes Commission, EFCC on Monday, February 16, 2026, arraigned the Chief Executive Officer of Onome Global Market Resources Limited and Lexicon Multi-concept Media Limited, Osabohein Alex Ologbose, alongside his wife Hope Onome Oghelemu before Justice Ekerete Akpan of the Federal High Court sitting in Abuja.

Other defendants in the matter are; Onome Global Market Resources Limited and Lexicon Multi-concept Media Limited.

They were arraigned on a seven-count charge bordering on obtaining by false pretence, conversion of funds and money laundering to the tune of about N740million contrary to Section 18(2)(b) of the Money Laundering Prevention and Prohibition Act 2022 and punishment under Section 18(4) of the same Act.

At the point of arraignment, prosecution counsel, O.S. Ujam informed the court that the prosecution filed amended charges before the court on January 28 ,2026, and prayed the court to read the same to the defendant. Count one of the amended-charge reads:

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“That you Osabohien Alex Ologbosele, sometimes between January 2023 and April 2024, in Abuja within the jurisdiction of this Honourable court, directly took possession of the aggregate sum of N340, 000,000(Three Hundred and Forty Million Naira ) paid into your account with account number 202277 3919 domiciled in Kuda Microfinance Bank Limited, from the account of Hope Onome Ogbholemu with account number, 0827261710 domiciled in Access Bank PLc, when you reasonably ought to have known that the said sum formed part of the proceeds of unlawful act and you thereby committed an offence contrary to Section 18(20(a) of Money Laundering (Prevention and Prohibition)Act 2022, and punishable under Section 18(3) of the same Act.”

Another count reads; “That you Osabohien Alex Ologbosele, sometimes between January 2023 and April 2024, in Abuja within the jurisdiction of this Honourable court, directly used the aggregate sum of N24,100,000(Twenty Four Million, One Hundred Thousand Naira) paid into your account with account number 2022773919 domiciled in Kuda Microfinance Bank Limited from the account of Hope Onoe Ogbhelemu with account number 0827261710 domiciled in Access Bank Plc, to establish and operate a music and photo studio located at Crowther Plaza, Gudu District, Abuja, when you knew or ought to reasonably ought to have known that the said sum formed part of the proceeds of an unlawful act and you thereby committed an offence contrary to Section 18(2)(d) of the Money Laundering(Prevention and Prohibition)Act 2022, and punishable under Section 18(3) of the same Act.”

In view of the “not guilty” plea of the defendants, Ujam prayed the court for a date for commencement of trial.

Defence counsel, Marshal Abubakar, also prayed the court to allow the first defendant to continue with an administrative bail granted by the court, while also pleading that the court grant the third defendant bail for nursing a one year- old baby.

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In his ruling, Justice Ekerete denied the third defendant bail, but allowed the first defendant to continue enjoying the administrative bail granted by the court. The judge further remanded the third defendant in Suleja Correctional Centre while adjourning the matter for definite hearing to April 27, 2026.

Investigation by the EFCC revealed how the defendants induced various innocent citizens to pay various sums of money into the account of Hope Onome Oghelemu and Onome Global Market Resources Limited, on the false pretence that the monies were for investment for the procurement and exportation of bags of bitter kola and red kolanut to Hong Kong, China and Indonesia after which they would be paid their Return on Investment (ROI).

Further investigation revealed that investors were not paid their ROI and their investment sums were not refunded.

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Tinubu Commissions Court of Appeal Judges’ Quarters, Urges States to Strengthen Judicial Infrastructure(Photos)

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President Bola Ahmed Tinubu on Tuesday reaffirmed his administration’s commitment to judicial independence and institutional reforms as he commissioned the newly completed 10-unit Court of Appeal Judges’ Quarters in Katampe District, Abuja, describing the project as a strategic investment in the rule of law and democratic governance.

Represented by the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), the President said the housing estate formed part of a series of judicial infrastructure projects being inaugurated to mark the third anniversary of his administration, stressing that a functional justice system requires more than laws and judicial officers.

“We gather on this important occasion for the commissioning of the 10th Court of Appeal Judges’ Quarters here in Katampe. This event is part of a series of judicial infrastructure projects being commissioned over a three-week period to commemorate the third anniversary of this administration,” Tinubu said.

The President noted that the project was a special intervention by the Federal Government, separate from the judiciary’s statutory budgetary allocations, which he said had also increased significantly under his administration.

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“Today’s event is much more than the unveiling of physical infrastructure; it is a tangible demonstration of the Federal Government’s enduring commitment to the welfare, independence, efficiency and dignity of the judiciary,” he said.

“A strong and effective justice sector requires not only sound laws and competent judicial officers, but also the infrastructure and support systems necessary to enable the judiciary to perform its constitutional responsibilities without hindrance.”

Tinubu explained that the provision of modern residential accommodation for judges was aimed at enhancing judicial independence, efficiency and service delivery, emphasizing that the welfare of judicial officers should be viewed as a national investment.

“The welfare of judicial officers is a strategic investment in the rule of law. When judges are provided with secure accommodation and conducive working environments, the entire nation benefits,” he stated.

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The President also disclosed plans for further expansion of judicial infrastructure within the district, revealing that additional land had been earmarked for judges of the National Industrial Court, the Code of Conduct Bureau, the Federal High Court and the High Court of the Federal Capital Territory.

“With all these developments, this area could easily be declared the ‘Judiciary Boulevard,” he said.

Tinubu commended the Minister of the Federal Capital Territory (FCT), Barr. Nyesom Wike, for executing the project efficiently.

“I wish to commend my dependable, hardworking and diligent Minister of the FCT, Barr. Nyesom Wike, CON, and his team for the efficiency with which this directive was implemented,” he said.

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The President further challenged state governments to emulate the Federal Government by investing in judicial infrastructure and welfare.

“The responsibility of supporting the judiciary does not rest solely with the Federal Government. State governments have a corresponding obligation to ensure their respective judicial sectors are adequately funded, properly equipped and provided with the infrastructure necessary for effective service delivery,” he added.

In his remarks, the Minister of the Federal Capital Territory (FCT), Barr. Nyesom Wike urged governors across the country to take greater responsibility for the development of federal judicial institutions located within their states, arguing that the courts primarily serve the citizens of the host states.

“Governors, I say this: if there is a federal judicial division in a state, that governor knows those courts are serving their own citizens. The Federal High Court, the Court of Appeal, the National Industrial Court they do not render services to neighbouring states; they serve the host state,” he said.

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Drawing from his experience as Governor of Rivers State, Wike recalled how he facilitated the establishment of a National Industrial Court division and judges’ accommodation to save litigants from travelling to Bayelsa State.

“When I visited the President of the Industrial Court, he said move to have an Industrial Court in Port Harcourt, Rivers State was stalled by lack of infrastructure. He added that there will be an Industrial Court in Rivers State if I will be willing to provide the necessary infrastructure.

“I immediately replied, ‘I am willing. Give me the designs.’ We took the designs, built the court and provided accommodation. Today, our people no longer face the logistical hazards of travelling to Bayelsa to have their cases heard,” he recounted.

The minister dismissed criticisms that such interventions could compromise judicial independence, insisting that providing infrastructure for judges strengthens rather than weakens the judiciary.

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“Taking care of these institutions does not cost us more than we can afford, and it directly guarantees the true independence of the judiciary,” he said.

Wike disclosed that President Tinubu personally encouraged him to prioritize judicial welfare and infrastructure.

“Mr. President told me directly: ‘Do not bother; go ahead and do whatever is necessary to improve the welfare of judges and justices,’” he revealed.

President of the Court of Appeal, Hon. Justice Monica Bolna’an Dongban-Mensem, described the project as a milestone in the quest to provide a secure and dignified environment for judicial officers.

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She noted that while judicial proceedings occur in courtrooms, the quality of justice delivered is often influenced by the environment in which judges live and reflect.

“These quarters constitute an extension of the intellectual, contemplative space essential to judicial work,” she said.

According to her, secure housing protects judicial officers from undue influence and reprisals, safeguards the integrity of judicial processes, and helps attract and retain experienced judges.

“Building a judiciary fit for the next 50 years requires sustained investment in modern facilities, technological advancement and judicial welfare,” Dongban-Mensem stated.

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She expressed appreciation to President Tinubu and Wike for supporting the judiciary, praying that the estate would become a model for replication across other Court of Appeal divisions nationwide.

Earlier, the Executive Secretary of the Federal Capital Development Authority (FCDA), Richard Dauda, disclosed that the project formed part of a larger 40-unit judges’ housing development in Katampe District.

Dauda said the contract, awarded to Messrs. Details to Dots Development Nigeria Limited in September 2024, had been completed according to specifications.

He explained that the estate comprises 10 fully furnished five-bedroom duplexes with detached boys’ quarters, an event centre with a minimum capacity of 150 persons, a neighbourhood shop, recreational facilities, asphalt-paved roads, water supply systems, electricity infrastructure, standby generators, perimeter fencing and a secured gatehouse.

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The commissioning comes barely a day after the inauguration of the new Court of Appeal complex in Abuja, underscoring the administration’s renewed focus on judicial infrastructure as part of broader governance reforms.

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NASENI Reiterates Commitment to Healthcare Innovation

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NaseniBy Gloria Ikibah

The National Agency for Science and Engineering Infrastructure (NASENI), has restated its commitment to strengthening Nigeria’s healthcare sovereignty through local manufacturing of medical diagnostic technologies.

The Executive Vice Chairman and Chief Executive Officer of NASENI, Khalil Suleiman Halilu, affirmed this while hosting participants of the Harvard University-led Science of Defeating Malaria programme at a closing dinner in Abuja, following their visit to the NASENI-TROMENT Biotechnologies Factory, where they commended the facility’s role in advancing disease control and healthcare innovation in Africa.

The delegation, led by Professor Dyann F. Wirth of Harvard University and comprising about 85 global health professionals, scientists and policymakers, toured the state-of-the-art facility and described it as a significant step towards combating malaria and other infectious diseases across the continent.

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Speaking at the dinner, the NASENI boss noted that the commendation further validated the vision behind the NASENI-TROMENT Biotechnologies Factory, a strategic project initiated 18 months ago to reduce Nigeria’s dependence on imported diagnostic kits and strengthen local healthcare manufacturing capacity.

He explained that the facility is designed to produce up to 600 million diagnostic kits annually, enough to meet about 80 per cent of Nigeria’s diagnostic testing needs while creating opportunities for export to other African countries and global markets.

The factory manufactures rapid diagnostic tests (RDTs) and in-vitro diagnostic (IVD) products under the N-CheckUP brand for diseases and conditions including malaria, hepatitis B and C, HIV, typhoid, syphilis, COVID-19, pregnancy and blood glucose monitoring.

According to Halilu, the project aligns with NASENI’s broader mandate of deploying science, technology and innovation to address national challenges, create jobs and build industrial capacity.

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He expressed appreciation to Professor Wirth and members of the Harvard delegation for their recognition of the progress made at the facility and reaffirmed NASENI’s commitment to developing innovative solutions that improve lives and position Nigeria as a leading healthcare manufacturing hub in Africa.

The Science of Defeating Malaria programme, which was held in Abuja from June 7 to 13, brought together global experts committed to advancing strategies for malaria elimination and strengthening public health systems worldwide.

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Obi Slams Court Ruling Deregistering ADC, Accord, Three Other Political Parties

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By Kayode Sanni-Arewa

Ex-Labour Party presidential candidate, Peter Obi, has condemned the recent judgment of the Federal High Court in Abuja ordering the deregistration of five political parties, including the African Democratic Congress (ADC) and the Accord Party.

Justice Peter Odo Lifu of the Federal High Court reportedly directed the Independent National Electoral Commission (INEC) to immediately deregister the affected parties over alleged constitutional breaches in a ruling delivered on Monday, June 15.

Reacting to the judgment, Obi described the decision as another troubling development that could further erode public confidence in Nigeria’s democratic institutions and the judiciary.

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In a statement released on Monday, the former Anambra State governor argued that the court’s decision should be reversed, warning that weakening institutions for political purposes could have far-reaching consequences for the country.

According to Obi, the controversy surrounding the removal of former Chief Justice of Nigeria, Walter Onnoghen, had earlier raised concerns about the independence and sanctity of Nigeria’s institutions.

He noted that while investors can manage security and policy risks, uncertainty in the rule of law and perceptions of judicial vulnerability to political influence remain major deterrents to investment.

Strong economies are built on trust. Investors can manage security risks, policy risks, and even market risks. What they fear most is uncertainty in the rule of law and a judiciary that is perceived to be vulnerable to political pressure,” Obi stated.

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The former presidential candidate lamented that many Nigerians have lost faith in institutions meant to protect them, adding that businesses increasingly prefer contracts governed by foreign jurisdictions due to greater confidence in their legal systems

Obi further argued that the judgment ordering the deregistration of the ADC and other political parties would further diminish public trust in the nation’s legal system.

“The Federal High Court judgment ordering the de-registration of the ADC and other political parties is just one of those activities that further reduces the common man’s trust in our legal systems. It should be reversed,” he said.

He pledged to work towards restoring the dignity, independence, and integrity of the judiciary, emphasizing the need for a justice system that is impartial, accessible, and respected by all.

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“The common man must have a voice. The business community must be protected from legal uncertainty and intimidation. Justice must be impartial, accessible, and respected by all,” Obi added.

He also called on judges, senior advocates, legal luminaries, and lawyers across the country to defend the rule of law and safeguard Nigeria’s democratic institutions.

“To our judges, legal luminaries, senior advocates, and lawyers: this is your moment. Rise, defend the rule of law, take back your country,” he urged.

Obi concluded his statement with his popular refrain: “A New Nigeria is Possible.”

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The ruling has continued to generate debate among legal and political stakeholders, with many awaiting further reactions from the affected parties and the electoral commission.

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