News
Crypto Firm threatens N1bn suit against Nairametrics over alleged defamatory report.
Abuja-based cryptocurrency firm, Official Gredo Limited, has threatened to institute a N1 billion lawsuit against financial news platform, Nairametrics, over what it described as a “false and malicious” publication linking it to illegal digital asset trading.
In a letter dated April 2026 and addressed to the Managing Director of the company, Nnaemeka Onyekachi, counsel to the firm, Gabriel Chikwado Eze, of the law firm of Paraclete & Earth Increase LP alleged that a report published on October 23, 2024, falsely claimed that a court had convicted Official Gredo Limited for conducting unlicensed USDT-to-naira transactions.
The lawyer maintained that the publication, titled “Nigerian Court convicts crypto firm over unlicensed USDT-Naira trading, transfers N140 million to FG,” misrepresented facts and damaged the company’s reputation.
They argued that at no point was their client investigated, tried, or convicted for such an offence, insisting that trading in USDT or other digital assets is not criminalised under Nigerian law.
Citing Section 36(12) of the 1999 Constitution and judicial authorities, including the decision in Central Bank of Nigeria vs Rise Vest Technologies Ltd & Ors, the lawyers stated that no individual or entity can be prosecuted for an act not expressly defined as an offence under the law.
According to the letter, the publication falsely attributed a conviction to the Federal High Court in Abuja, an assertion the firm described as “entirely baseless and injurious.”
The firm accused the platform of failing to verify facts before publication and of deliberately disseminating misleading information capable of lowering its client’s standing in the eyes of the public.
As part of its demands, Official Gredo Limited called for an immediate retraction of the report, removal of the content from all platforms within 72 hours, and a public apology to be published in the same manner as the original story.
The company is also seeking ₦100 million in damages for the alleged defamatory publication.
However, the lawyers warned that failure to comply with the demands would trigger legal action, including civil and criminal proceedings, with a claim of no less than ₦1 billion in punitive damages and associated costs.
News
Court Grants Accelerated Hearing In Trial Of Alleged Coup Plotters
The court fixed April 29, April 30, May 4, and May 5 for the commencement of trial proceedings and the hearing of bail applications filed by the defendants.
Justice Joyce Abdulmalik of the Federal High Court, Abuja, has granted an accelerated hearing in the trial of six suspects accused of plotting to overthrow President Bola Tinubu’s administration.
The court fixed April 29, April 30, May 4, and May 5 for the commencement of trial proceedings and the hearing of bail applications filed by the defendants.
During proceedings, the Attorney General of the Federation, Lateef Fagbemi, SAN, informed the court that the prosecution had witnesses available, subject to the convenience of the court.
Counsel for the first defendant, Mohammed Ilayepo, indicated that his client’s bail application was due for a hearing.
Justice Abdulmalik, however, ruled that the trial would commence before any bail applications were considered.
Counsel for the second, third, and sixth defendants, Paul Erokoro, A. I. Yeru, and N. S. Diri, respectively, expressed reservations about their readiness to proceed, citing the short notice given to them and the complex nature of the case.
Justice Abdulmalik then directed all counsel to agree on dates suitable for a speedy trial.
The court subsequently fixed the hearing dates for the accelerated trial.
The Federal Government had last Wednesday arraigned the suspects.
The defendants, including Major General Ibrahim Gana (retd), who was in a wheelchair; retired naval captain Erasmus Victor, Inspector Ahmed Ibrahim, Zekeri Umoru, Bukar Goni, and Abdulkadir Sani, pleaded not guilty to the 13-count charge when it was read in their hearing.
Following their plea of not guilty, Fagbemi asked that they be remanded in the custody of the Department of State Services (DSS) and for an expeditious trial.
Justice Abdulmalik, therefore, ordered an accelerated trial and that the defendants be placed in the custody of the DSS.
The case was adjourned to April 27 for trial and an accelerated hearing.
The government filed a 13-count charge against the suspects last Tuesday before the court against the suspects.
Also listed in the charge, but said to be at large, was a former Minister of Petroleum, Timiprye Sylva.
The charge, filed by the Office of the Attorney-General of the Federation and signed by the Director of Public Prosecutions, Rotimi Oyedepo (SAN), accused the defendants of offences ranging from alleged treason and terrorism to failure to disclose security intelligence and money laundering linked to terrorism financing.
The prosecution alleged that the defendants conspired in 2025 “to levy war against the state to overpower the President of the Federal Republic of Nigeria,” an offence punishable under Section 37(2) of the Criminal Code.
Earlier, journalists were barred from covering the trial of six alleged coup plotters, raising concerns about the transparency in handling the matter.
Judiciary correspondents were on Monday left uncertain about developments in the case, particularly as the suspects’ bail application was pending before the court.
News
Alleged Shooter At Trump Press Dinner To Appear In Court
Trump shared photos of the suspect handcuffed on the carpeted hotel floor, lying shirtless and face down.
A California man accused of storming a gala dinner attended by President Donald Trump is expected to appear in court Today over a shooting that marks the latest spasm of political violence in deeply divided America.
Administration officials said the suspect in Saturday night’s shocking attack apparently aimed to kill Trump and senior officials at the press dinner in a Washington hotel, in what would be the third attempt on the president’s life in two years.
Trump, who was rushed out of the ballroom in Washington by Secret Service agents, posted surveillance footage of the gunman attempting to sprint past a checkpoint one floor above the room where the dinner was held.
After a brief exchange of gunfire with agents, the suspect was detained at the scene.
Trump shared photos of the suspect handcuffed on the carpeted hotel floor, lying shirtless and face down.
Members of the FBI knock on the doors of neighbors of a home (out of frame) associated with the suspected White House Correspondents’ Dinner shooter in Torrance, California, on April 26, 2026.
In an interview aired Sunday night on the CBS programme “60 Minutes” Trump was asked if he feared there would be casualties as the chaotic scene unfolded before him: Washington’s government and media elite in formal attire ducking for cover at a fancy dinner.
“I wasn’t worried. I understand life. We live in a crazy world,” Trump said.
“He’s not actively cooperating. I expect that he will be formally charged tomorrow morning in federal court in Washington,” acting US Attorney General Todd Blanche told CBS’s “Face The Nation” earlier in the day.
“We do believe, based upon just a very preliminary start to understanding what happened, that he was targeting members of the administration.”
Blanche added that no further motive was known for the attack, and confirmed the suspect — who officials said was armed with a shotgun, handgun, and knives — was staying at the Washington Hilton hotel where the black-tie White House Correspondents’ Dinner was held.
Guests Hid Under Tables
Trump, without providing details, said the gunman had written an “anti-Christian” manifesto.
“The guy is a sick guy. His sister or his brother actually was complaining about it. They were even complaining to law enforcement,” Trump told Fox News.
The New York Post said the suspect, widely named as Cole Allen, 31, had written in a message shared with his family shortly before the attack that his targets would be “prioritised from highest-ranking to lowest.”
In the seconds after the shooting on a floor above, Secret Service agents swarmed into the ballroom, prompting chaotic scenes as attendees dove under tables.
Crowded into the ballroom were Trump, First Lady Melania Trump, Vice President JD Vance, several cabinet members and top lawmakers, and hundreds of guests in black tie.
Trump said at a hastily arranged late-night news conference at the White House that he first thought the noise was a tray being dropped, before realizing it was gunfire.
He said he hoped the annual gala, hosted by the White House Correspondents Association, would be rescheduled within a month.
“They seem to think he was a lone wolf, and I feel that too,” the president said.
One officer was shot at close range in his safety vest and appeared to be not seriously harmed.
Trump added that the hotel venue was “not a particularly secure” facility, as questions swirled about the president’s safety protocols.
Multiple Attempts On Trump’s Life
Trump was the target of an assassination attempt during a rally in Butler, Pennsylvania, in 2024.
A gunman fired several shots, killing an audience member and lightly wounding the president in the ear.
Agents draw their guns after loud bangs were heard during the White House Correspondents’ dinner at the Washington Hilton in Washington, DC, on April 25, 2026.
A few months later, another man was arrested after a Secret Service agent saw the barrel of a rifle poking from the bushes on the perimeter of the West Palm Beach golf course where Trump was playing a round.
The Washington Hilton, where Saturday’s gala was taking place, is the site where Republican President Ronald Reagan was shot by a would-be assassin in 1981.
Trump on Sunday said the shooting underlined the security reasons that he has cited for planning a huge new ballroom next to the White House, a project that has faced legal challenges.
The White House Correspondents’ Association invited Trump to its gala this year despite his repeated attacks on the media.
Before this year and unlike all other presidents from the past 100 years, Trump had never attended while in office.
The dinner brings together journalists and the who’s who of Washington to raise funds for scholarships and awards.
The incident came less than 48 hours before King Charles III and Queen Camilla begin a four-day state visit to Washington.
AFP
News
Just in: Sanwo-Olu finally approves Hamzat as his preferred successor
Lagos State Governor, Babajide Sanwo-Olu, has appeoved his deputy, Obafemi Hamzat, as his preferred successor for the 2027 governorship election in the state.
Sanwo-Olu announced the endorsement after a closed-door meeting at Lagos House, Marina, where Hamzat officially declared his intention to run for the governorship seat before members of the State Executive Council and key party leaders.
The meeting was attended by members of the Governor’s Advisory Council, including former Minister of State of Defense, Musiliu Obanikoro, and Ganiyu Solomon, among others.
Speaking with newsmen after the meeting, Sanwo-Olu said the endorsement was a unanimous decision reached by stakeholders present, describing Hamzat as prepared and capable of leading the state.
“We just received Mr Deputy, who had come with a very powerful delegation of our leaders in the state to inform us of his intention to contest for the seat of the governorship position of the state.
“It was unanimous with all of us to say that Mr Deputy Governor is a man who is fit and well-prepared for this job. He is a man who knows where all the rooms in the house are,” the governor said.
Sanwo-Olu expressed gratitude to President Bola Tinubu, who, according to him, is instrumental to the discovery of himself and Hamzat, as well as their working relationship.
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