News

Court freezes Swift Networks,’ chief executive’s accounts over alleged debt

Published

10 months ago

June 24, 2024

A federal High Court sitting in Lagos has granted Union Bank interim injunction restraining Swift Networks Limited and its agents from accessing funds and assets in banks pending determination of a Motion on Notice in an alleged debt recovery suit.

Justice Yelim Bogoro issued the order on June 19, following a June 11, ex-parte application filed and argued by Gbenga Akinde, counsel for the plaintiff/applicant, Union Bank.

Union Bank listed Swift Networks and its Managing Director, Charles Anudu, as defendants/respondents in suit FHC/L/CS/1010/2024.

The parties have been locked in the alleged debt dispute for a while and it is Union Bank’s case that parties entered into agreement, which was put in writing and signed by parties to amicably resolve the matter.

But Swift refused to honour the agreement so, the bank instituted an action to enforce it.

On July 19, 2023, the court granted Union Bank Mareva orders restraining Swift Networks from accessing funds up to N7 billion in 25 banks to protect the res.

Following the bank’s latest application, Justice Bogoro restrained the defendants, their directors, staff, management and agents from tampering with, operating, withdrawing from, and/or dealing with the defendants’ alleged funds (whether held directly or by proxy) in any bank and/or financial institution in Nigeria pending hearing and determination of the Motion on Notice.

The judge also directed banks/financial institutions harbouring the defendants’ accounts to depose on oath and furnish the plaintiff or its solicitors, details of credit outstanding in their accounts in seven days of receipt of the order.

Furthermore, the order restrained any electronic payment platforms, or digital and payment service banks, including Interswitch Limited, Interswitch Financial Inclusion Services, Hope Payment Service Bank, 9PSB, Hope PSB, Money Master PSB, MOMO PSB, Smartcash PSB etc.) from processing payments authorised by the defendants, while also barring them from their services to process funds payment.

The order also barred the defendants from tampering with, removing from jurisdiction, or dissipating, their fixed and moveable assets, investments, bonds, shares, pecuniary and other beneficial interests (whether held directly or by proxy) in their custody or in the custody of any bank, financial institution and/companies in Nigeria.

The banks were also mandated to disclose such assets and funds standing to the credit of the defendants in their custody in seven days.

“This suit is hereby adjourned to July 10 for Motion on Notice. Defendants/respondents shall be put on notice,” Justice Bogoro held.

News

Benue LG chairman gives Fulanis 48hrs to leave all farmlands

Published

4 hours ago

April 27, 2025

ADMIN

The chairman of Agatu Local Government Area in Benue State, James Melvin Ejeh, has given Fulani herdsmen a 48-hour notice to leave all agricultural lands.

This announcement was made during a stakeholders’ meeting on Saturday, April 26, 2025, at the council secretariat in Obagaji.

The meeting included traditional leaders, representatives from the Fulani community, youth leaders, and security personnel to discuss the increasing concerns regarding herders’ activities on farmland as the planting season nears.

The Chief Press Secretary to the Agatu LGA Chairman, Obochi Solomon, reported that Ejeh highlighted the importance of safeguarding agricultural activities in Agatu in light of the upcoming planting season.

He remarked that agriculture is essential to the local economy and that farmers should have unhindered access to their lands.

Ejeh also acknowledged the current peace in the region but reiterated that maintaining uninterrupted farming activities is of utmost importance.

“Our farmers must cultivate without disruption. We will do everything necessary to create a safe environment for them,” he said.

The statement further disclosed that during the meeting, the Ado of the Fulani requested a one-week extension to allow the herders to prepare for their relocation, a request that the council approved.

The CPS noted that the General Youth Chairman of Agatu LGA, Oloche Silas, committed on behalf of the Agatu youth to support the peaceful evacuation process and to avoid any acts of violence.

Security personnel, including members of the Nigeria Police Force and the Department of State Services (DSS), were reported to have praised the peaceful resolution of the issue and promised to offer necessary assistance during the relocation.

Additionally, representing the Och’Agatu, Chief John Agidani, spoke at the meeting, commending the leadership of the Council Chairman and urging all parties to adhere to the agreement.

News

Five suspected kidnappers eliminated by police in Delta

Published

4 hours ago

April 27, 2025

ADMIN

Five alleged kidnappers have reportedly died after a fierce gun battle with operatives of the CP-Special Assignment Team.

The suspects were confirmed dead in a hospital they were rushed to for medical attention.

Delta State Police Public Relations Officer, SP Bright Edafe who confirmed the development in a statement, stated that the incident occurred on 21st April 2025.

The police image maker disclosed that operatives of the CP-Special Assignment team, acting on intelligence relating to kidnapping in Ubuluku, Isseluku, Issele-Asagba, and environs by one Bello Abubakar and his gang members, stormed one of their hideouts in Agu-Amawbia forest, Anambra State.

SP Edafe pointed out that during the raid of the suspects hideout in the forest, the operatives recovered one AK-47 rifle and one hundred and thirty-two rounds of live ammunition.

He further said the investigation was extended to another of their hideouts in a forest between Issele-Asagba and Utulu, where the said Bello Abubakar and his gang members were waiting in ambush.

According to the police image maker, the suspected kidnappers attacked the policemen in a fierce gun battle, but the team, who were aware of the battle ahead, reciprocated in like manner.

SP Edafe added that the manhunt for other injured fleeing suspects is ongoing.

News

Francophone Ambassadors, Nigeria Unite To Fight Against Climate Change

Published

9 hours ago

April 27, 2025

Gloria Ikibah

By Gloria Ikibah

The Ambassador of Bulgaria to Nigeria and President of the Francophone Ambassadors Group, Amb. Yanko Yordanov has reaffirmed the commitment of French-speaking countries to work closely with Nigeria in promoting environmental protection, democracy, and cultural exchange.

Speaking during the 2025 Francophonie celebration in Abuja, the Ambassador explained that although the International Day of La Francophonie is usually marked in March, they decided to hold the event in April to accommodate broader participation.

“This is a gathering that encompasses the meaning of La Francophonie. In French-speaking countries, the Francophone countries, we are uniting together to celebrate the diversity, our values, our mission, and, of course, to celebrate together with Nigeria. Because we are partners, we share the same values, and we have the same concerns,” he said.

Addressing the theme of the event, which includes environmental preservation and afforestation, the ambassador stressed that climate change is a shared challenge that must be tackled together.

“I think that it is a very important theme and La Francophonie has a lot to say and a lot to do in cooperation with countries, our partners like Nigeria, which are really equally affected by the climate change. So we want to raise the awareness of the importance of fighting the climate change in a way that benefits all nations, that mitigates really the climate change effect and that benefits the lives of all the citizens of all the worlds on the planet,” he said.

Reflecting on his experience leading the Francophone ambassadors in Nigeria, he said he was proud of the progress made in deepening ties between Nigeria and the Francophone community.

“I have been honoured to chair the informal group of the Francophone ambassadors in Nigeria for the past two years and I am proud of what we have achieved together in terms of making La Francophonie much more popular, much more understandable and much more visible in Nigeria,” he said.

He explained that the group, made up of over 25 ambassadors, has not only promoted Francophone culture in Nigeria but has also worked to showcase Nigeria’s rich heritage across Francophone countries Their joint efforts also span areas like trade, investment, political relations, and cultural exchanges.

“I think that the success of our group, which is very visible, is based on the cooperation with Nigeria, which is our partner, which shares our values and our mission, including in the area of the fight against climate change, which affects not only the Francophones, but also all the others, including Nigeria,” he added.

He emphasized that the partnership between Francophone nations and Nigeria is built on shared principles of humanity, democracy, and the rule of law.

“So we are very happy to cooperate with Nigeria in many directions, including the visibility of these problems and the visibility of the decisions and successes that we can achieve together in this area. I would like to say that the Francophones and Nigeria have the same mission. It is humanity. It is the promotion of democracy, of the rule of law. So we are very, very happy and proud to be able to cooperate with Nigeria,” the envoy stated.

Every year, the celebration of “La Francophonie” is an opportunity to highlight the richness of French-speaking cultures and linguistic diversity. It also pro ides an opportunity to promote the French language as a tool for solidarity and cooperation in tackling major challenges such as sustainable development.

This year, the celebrations planned as part of the Month of La Francophonie in Nigeria showcased how the French-speaking countries work together in the service of energy transition, the protection of fauna and flora and the development of new ecosystems.