Yuletide: Federal High Court announces vacation, Vacation Judges

By Taiye Agbaje

The Federal High Court (FHC) will be on Christmas vacation from December 19 to January 7 2026, the Director of Information of the court, Dr Catherine Christopher announced in a statement on Monday in Abuja

She said this was in accordance with a circular duly signed by the Chief Judge, Justice John Tsoho, in the statement titled, “Notice of 2025 Christmas Vacation and Roaster for Vacation Judges.”

She however said during the vacation, the core judicial divisions; Abuja, Lagos, and Port Harcourt. will remain operational and accessible to the litigating public.”

But only matters pertaining to the enforcement of fundamental rights, the arrest or release of vessels, and issues of urgent national importance shall be entertained by the vacation judges.

She also listed the judges that will be on duty during the vacation.

It reads: “The Federal High Court hereby issues notice of its 2025 Christmas Vacation as well as the approved Roster of Vacation Judges.

“The court will commence its Christmas Vacation for the year 2025 on Dec. 19.

“This vacation schedule is issued pursuant to Order 46, Rule 4(c) of the Federal High Court (Civil Procedure) Rules, 2019 (as amended).

“Court sittings shall resume in all Judicial Divisions on Jan. 7, 2026.

“During the vacation, the core judicial divisions; Abuja, Lagos, and Port Harcourt. will remain operational and accessible to the litigating public.”

Christopher said for Abuja division, Justice Emeka Nwite and Justice Musa Liman would be vacation judges; and for Lagos division, Justice Akintayo Aluko and Justice Isaac Dipeolu would be presiding.

She said at Port Harcourt division, Justice P. M. Ayua and Justice A.T. Mohammed would be sitting and at Enugu judicial division, Justice Folashade Giwa-Ogunbanjo would be the vacation judge.

“The Honourable Chief Judge, Hon. Justice John T. Tsoho, KSS, OFR, FCIArb. (UK), extends his warm wishes for a Merry Christmas and a prosperous New Year to all Honourable Judges,” she concluded.

(NAN)

Lagos launches free Statewide HIV Testing ahead World AIDS Day

The Lagos State AIDS Control Agency (LSACA) has announced the commencement of statewide free HIV testing services, set to take place across all Local Government Areas (LGAs) and Local Council Development Areas (LCDAs) from 18th November to 1st December 2025.

The initiative is part of the 2025 World AIDS Day activities and underscores LSACA’s commitment to expanding access to HIV testing, promoting early diagnosis, and strengthening linkage to care.

The agency aims to bridge existing testing gaps while raising community awareness on HIV prevention, management, and stigma reduction.

Speaking on the exercise, LSACA’s Chief Executive Officer, Dr. Folakemi Animashaun, stressed the importance of early testing in advancing Lagos State’s public health goals.

“As we approach the 2025 World AIDS Day, our priority is to ensure that every Lagos resident has the opportunity to know their HIV status in a safe, confidential, and accessible manner,” she said.

“Testing remains the gateway to prevention and treatment, and this statewide exercise underscores our commitment to safeguarding the health and well-being of all Lagosians.”

Dr. Animashaun explained that LSACA, in collaboration with development partners and community-based organisations, has deployed trained counsellor-testers, adequate testing kits, condoms, and IEC materials to ensure smooth implementation throughout the state.

She encouraged residents to visit designated testing points in their LGAs and LCDAs to access free, confidential, and non-judgmental services.

She also highlighted the state government’s ongoing efforts to expand HIV testing and counselling centres and intensify awareness campaigns aimed at preventing new infections.

Residents seeking more information on the Free HIV Testing Services can reach LSACA via:

Instagram: @lsaca_ng

X (Twitter): @lsaca_ng

Facebook: Lagos State AIDS Control Agency

WhatsApp: +234 902 248 1384

This initiative reflects Lagos State’s renewed focus on universal access to HIV prevention, testing, and treatment, ensuring residents are equipped with the knowledge and resources to protect their health.

Ousted Bangladesh leader Sheikh Hasina sentenced to death

A special tribunal in Bangladesh on Monday sentenced former Prime Minister Sheikh Hasina to death. She was found guilty of crimes against humanity connected to last year’s mass uprising, which left hundreds of people dead and brought an end to her 15 years in power.

Former Home Minister Asaduzzaman Khan was also sentenced to death. A third defendant, a former police chief who cooperated with investigators, received a five-year jail term after admitting guilt.

The verdict was announced in Dhaka and shown live on television.

Before the ruling, the interim government increased security across the country. Paramilitary forces and police were deployed in Dhaka and other major areas.

Hasina’s party, the Awami League, has declared a nationwide shutdown to protest the judgment.

Hasina and Khan, who are currently in exile in India, were tried in their absence. Both have dismissed the trial as unfair and described the tribunal as a “kangaroo court.” They also criticised the state-appointed lawyer who represented Hasina.

The charges relate to the student-led protests between July and August 2024, which turned violent and caused many deaths. A United Nations report released in February estimated that up to 1,400 people were killed. An adviser to the interim government said more than 800 died and about 14,000 were injured.

Last week, the tribunal set Monday as the date for the verdict after new violence broke out. There were bomb attacks and arson incidents that disrupted classes and transport following an Awami League declaration of a “lockdown.”

Before the court decision, the Awami League renewed its call for a shutdown. In an audio message, Hasina told supporters not to be afraid of the verdict.

Tinubu reacts to Super Eagles’ painful loss to Congo

By Paul Dada

President Bola Tinubu has said the Super Eagles did their best to qualify for the 2026 World Cup despite losing to the Democratic Repulic of Congo on Sunday night.

Tinubu said the Nigerian national team should put the loss in playoffs behind then and focus on the African Cup of Nations which will hold in Morocco from 21 December 2025 to 18 January 2026.

Tinubu’s reaction is contained in a statement by his Special Adviser, Information and Strategy bayo Onanuga.

The statement said, “President Bola Tinubu commends the Super Eagles for putting up their best efforts towards qualifying for the FIFA World Cup, despite their loss in the playoffs on Sunday.

“The President charges the Eagles to put behind them the loss to the Democratic Republic of Congo and prepare for the African Cup of Nations

“Nigeria’s dream of featuring in the World Cup was dashed as Congo DR eliminated the Super Eagles in a dramatic qualifier play-off on Sunday night in Morocco.

“The Eagles lost in a penalty shootout after the game ended 1-1 in extra time. DR Congo triumphed 4-3 on penalties to advance to the Inter-Confederation play-off, keeping their own 2026 World Cup hopes alive.

“President Tinubu says that, although it was painful that the Eagles failed to qualify for the World Cup tournament for the second consecutive time, the team must be commended for striving hard to reach the Mundial, particularly after winning their first playoff match.”

According to the statement, Tinubu said, “Notwithstanding the unfortunate loss, we must commend the players for their efforts and continue to support them.

“We must now plug all the loopholes. Our football administrators, players, and indeed all stakeholders must go back to the drawing board.

“Now is the time to focus all efforts on the Cup of Nations. Our Super Eagles must recover the lost glory.”

Playoffs Fallout : NFF apologises to Tinubu, Nigerians

The Nigeria Football Federation (NFF) has publicly apologised to President Bola Ahmed Tinubu, the Federal Government, and millions of Nigerians after the Super Eagles failed to qualify for the 2026 FIFA World Cup.

In a statement posted on its X account on Monday, the NFF described Sunday’s loss to DR Congo in the Africa Play-off Final in Rabat as a very sad moment for Nigerian football.

The federation said missing the World Cup for the second time in a row is a heavy disappointment because football is a major source of pride and unity for the country.

The statement read:

“The NFF, the coaches, and the players understand how serious this moment is. We know the expectations Nigerians rightly have. We know the passion of a country that always stands behind its team. We also recognise that our efforts did not produce the result the nation deserved.

“In the dressing room after the match, the players were deeply hurt. Many could not even speak.”

The NFF also thanked the Federal Government, the National Assembly, ministries, diplomatic missions, the media, and the fans for their strong support throughout the qualification journey.

“Football in Nigeria is more than a sport. It is a language we all understand. It brings people together and gives us a sense of identity. We must honour that bond with sincerity, accountability, and action,” the federation said.

Looking ahead, the NFF said its next focus is the 2025 Africa Cup of Nations in Morocco. It believes the tournament is an opportunity to rebuild confidence and show the resilience that Nigerian football is known for.

The federation added that it will conduct a detailed review of all technical, administrative, and structural issues that contributed to the failure, and will take decisive steps to improve the national teams.

“The NFF promises Nigerians that we will rebuild trust, restore pride, and reclaim our place in world football. This setback will not be the end of the Super Eagles’ story.

“Nigeria is a nation of strength and hope. Just as we rise from every challenge, the Super Eagles will rise again.”

FCTA Lands director faces fresh heat in court

The Federal High Court in Abuja has fixed Nov. 26 to hear a motion seeking an order compelling the police to investigate and prosecute Mr Chijioke Nwankwoeze over alleged certificate forgery.

Nwankwoeze, a Director of Lands Administration, Federal Capital Territory Administration (FCTA), is accused of presenting a forged Ordinary National Diploma (OND) certificate from Kwara State Polytechnic, Ilorin.

Justice Ekerete Akpan fixed the date following a motion ex-parte filed by the applicant; the Incorporated Trustees of Dependable Patriots for Nation Building and Transformation Initiative.

The suit, marked: FHC/ABJ/CS/2050/2025, was dated and filed Sept. 26 by its team of lawyers led by Abdulkabir Badmos.

The applicant had sued the Inspector-General (I-G) of Police, Nigeria Police Force (NPF) and Mr Nwankwoeze Williamson Chijioke as 1st to 3rd defendants respectively.

It sought two reliefs, including an order of mandamus compelling the 1st and 2nd defendants to investigate and prosecute the 3rd defendant for the allegations of forgery of statement of result of Kwara State Polytechnic, llorin.

It alleged that the 3rd defendant used the said certificate in gaining employment into the civil service of the federation.

It also sought an order granting leave to the applicant to serve the originating motion on notice, hearing notices and other subsequent processes in the case on the 3rd defendant by substituted means.

The initiative prayed the court to allow the service of the court documents on the officials in the Office of the Director of Lands Administration, Federal Capital Territory Administration (FCTA), No. 4, Peace Drive, Central Business District, Abuja.

Giving 10-ground argument, the lawyer said the initiative is a not-for-profit organisation registered with the Corporate Affairs Commission (CAC) under the relevant laws.

Badmos said part of the objectives of the registration of the initiative is the struggle for the upholding of justice, fight against corruption and promotion of accountability and transparency in public offices.

He said the plaintiff had written a letter to the I-G and NPF, requesting investigations into the allegations of submission of forged/fake statement of result by Nwankwoeze to gain employment into the civil service of the federation.

“The plaintiff had provided the 1st and 2nd defendants with the requisite documentary evidence that discloses triable offences under the relevant laws, but the 1st and 2nd defendants have failed to act till date.

“The 1st and 2nd defendants have the statutory role of investigation and prosecution of offences under the Police Act, 2020, including the allegations of forgery alleged against the 3rd defendant herein,” he said.

According to him, forgery or presentation of fake documents to procure an undue advantage is a serious offence in our country and prosecutory agencies shouldn’t be seen to be shielding public officers from prosecution.

The lawyer said unless the court compels the I-G and NPF to investigate and prosecute Nwankwoeze, they would continue to look away from these grave allegations.

Badmos said there is a reasonable cause to believe that service of the processes on Nwankwoeze’s office would bring the existence of the suit to his attention.

The lawyer, who said the court has the vires to compel the I-G and police to perform their statutory duty, said it is in the interest of justice and good governance to grant the application.

In the affidavit in support of the motion ex-parte, deposed to by the Executive Secretary of the initiative, Comrade Emmanuel Nwosu, he alleged that Nwankwoeze had used the forged result to gain admission into Federal Polytechnic, Oko in Anambra.

Nwosu said the organisation receives anonymous tip-offs and whistle-blowers’ petitions notifying it of any perceived corrupt practices going on in arm of the Nigerian government.

He said in one of those tip-offs, the organisation was reliably informed that the 3rd defendant had forged a statement of result dated 16th Jan., 1997 in respect of award of Diploma in Architectural Technology.

He alleged that the certificate was purportedly from Kwara State Polytechnic, Ilorin, to gain employment into the civil service of the federation.

According to Nwosu, a copy of the said statement of result is attached and marked as “Exhibit C.”

He further alleged that Nwankwoeze had used the fake result to gain admission into Federal Polytechnic, Oko in Anambra.

“That the applicant had on Jan. 15, instructed its solicitors, Ike, Ike and Associates, to write to the Kwara State Polytechnic, Ilorin, seeking confirmation or otherwise of the statement of result being paraded by the 3rd defendant.

“That in reply to the said solicitors’ letter, the Deputy Registrar, Exams and Records of Kwara State Polytechnic, Ilorin confirmed that the said statement of result is FAKE.

“A copy of the registrar’s letter dated 12th March, 2025, is attached and marked as ‘Exhibit D,'” he said.

He said against this background, the organisation wrote a letter to the I-G and NPF, “requesting investigations into the allegations of use and submission of forged/fake statements of result against the 3rd defendant.”

He said all requisite documentary evidence had been provided to the I-G and police but nothing had happened.

Nwosu, who said the police have the statutory role of investigation and prosecution of offences under the various laws, said there is no alternative legal remedy available to the applicants in the circumstances of the case.

He said he knew as a fact that Nwankwoeze, is a public officer and the current occupier of the office of the Director, Lands Administration, FCTA, and by the protocol and practice in his office, he does not receive processes meant for him personally.

He said it would be in the interest of justice to grant the leave to apply for an order of mandamus against the I-G and NPF in the court.

“That a grant of this application will not prejudice the defendants who still have an opportunity to defend the action as they may deem fit,” he said.

Summit Finviora Review 2025: How does AI trading Work?

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With so many trading systems available online promising substantial profits, Summit Finviora stands out as one that has gained significant popularity in a short period. The developers behind this platform emphasize that it provides 24/7 market analysis, ensuring traders can take advantage of the best opportunities without any manual effort.

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Summit Finviora has been generating a lot of buzz in the trading world, and it’s time to find out if it’s the real deal. This Summit Finviora review will explore all the key features of the platform, including how it works, its costs, and the potential profits you can earn by trading with it. We’ll also take a look at user feedback and expert opinions to give you a clear picture of the platform’s credibility.

By the end of this review, you’ll have a solid understanding of whether Summit Finviora is a smart investment choice for you.

What is Summit Finviora?

Summit Finviora is an innovative crypto trading platform designed to meet the needs of both beginner and experienced traders. Powered by advanced artificial intelligence and algorithms, the system carefully tracks market movements to identify the best trading opportunities. As an automated platform, it places orders based on real-time market analysis, but it also offers a manual mode, giving traders complete control over their trading decisions.

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This platform is designed to make trading straightforward, accessible, and profitable, whether you’re just getting started or looking to take your trading to the next level.

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Summit Finviora has received great hype since its launch and people are skeptical about the attention this novel platform has obtained as the trading industry is filled with scams. However, from an initial examination, Summit Finviora does look like genuine trading software.

Various aspects confirm that Summit Finviora is authentic. It uses advanced technologies, such as artificial intelligence and algorithms, to collect real-time market data and offer an in-depth analysis. This data analysis enabled traders to make informed decisions and help generate higher profits. Furthermore, its automated features present a seamless and efficient trading experience.

Summit Finviora is an affordable trading platform that does not charge hidden fees or commissions from traders. The developers of this system prioritize the safety of user data and funds. For this, all the safety protocols are followed, and encryption technology is integrated to offer a secure trading environment. From all these factors, we can conclude Summit Finviora is legitimate trading software.

Trade experts have warned that many scam sites pretending to be the real Summit Finviora are available online. They recommend traders sign up only on its official website for a profitable and secure trading experience.

Register on Summit Finviora

To start trading on Summit Finviora, you should sign up and create an account with this system. This is a simple process that can be completed within a few minutes. Here, we will look at how to create an account and get started on Summit Finviora.

Step 1

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fter you submit the form, the Summit Finviora team will verify all the details and send a confirmation to the given email address. Check your inbox and follow the instructions mentioned in the mail to activate your account. You can log in to your account after account verification.

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When we examined the Summit Finviora customer reviews shared online, we saw that the responses have been positive so far. Many traders have said they made considerable profits after trading on this system. They can explore and invest in multiple asset classes to expand their portfolios. This system has been a learning ground for novice traders, and they can practice different strategies on its free demo mode before moving to real-time trading. Summit Finviora has obtained an average user rating of 4.7 out of 5.

After testing this system’s functions, professional traders and experts have given favorable feedback. They found that it works swiftly and accurately, helping traders achieve higher profits.

Summit Finviora: Pros and Cons

Previously, we have examined different aspects of the Summit Finviora system. Before continuing, we should look at its positive and negative sides. So, the pros and cons of Summit Finviora are mentioned below.

Pros:

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Due to trade constraints, Summit Finviora is inaccessible in some countries, such as the United States, Iran, Cyprus, and Israel. ;hSummit Finviora: Minimum Capital, Cost, and Profits

Summit Finviora is a free crypto trading software, and traders can register without paying any charges. However, traders should invest a minimum capital of $250 to enter the market and start trading on this system. It can be transferred via credit cards, Neteller, net banking, bank transfer, Skrill, or PayPal. If you are a skilled trader, you can invest more capital to generate higher profits. On the other hand, beginners can start with the minimum amount and reinvest in their accounts after developing individual skills. Before depositing more capital, traders should examine the market conditions to avoid losses. Moreover, users can withdraw money from their accounts without limitations at one’s convenience. They do not have to pay withdrawal or transfer fees.

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Summit Finviora supports a wide array of investment opportunities to help traders expand their portfolios and manage risks. Here are some major cryptocurrencies that can be traded on this system.

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Summit Finviora is legal and available in many countries around the world, apart from a few, such as the United States. It has become prominent in various European and Asian countries. Here are some countries where this platform is accessible.

United Kingdom Netherlands Belgium Spain Slovakia South Africa Malaysia Japan Thailand Denmark Poland Slovenia Brazil Chile Japan Singapore Vietnam Hong Kong Germany Vietnam France Norway Finland Switzerland Russia Taiwan ;hSummit Finviora Review Final Verdict

Summit Finviora is an advanced trading software that utilizes advanced technologies, such as artificial intelligence and algorithms, to collect real-time market data and spot favorable conditions. It automatically executes orders after studying the asset performance and according to set parameters. Traders can choose the manual trade mode whenever they want to execute orders themselves.

Traders are required to deposit a minimum capital of $250 to start trading on this system. It is suitable for traders of all levels, including newbies. The system offers a wide range of investment options, allowing traders to expand their portfolios and manage risks. It has received an average user rating of 4.7 out of 5 stars.

So, after contemplating everything we have discussed till now, we can conclude Summit Finviora is a worthwhile investment.

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Summit Finviora FAQs How much time should I spend daily on Summit Finviora?

Traders should spend at least 30 to 60 minutes daily on Summit Finviora to examine the market conditions and spot the best opportunities.

Do I have to submit documents for the verification process?

The Summit Finviora team does not ask traders to submit documents for account verification. The user account is authenticated with the provided email address.

Are there any restrictions for withdrawing funds from Summit Finviora?

No, traders can withdraw money from their Summit Finviora accounts without limitations.

Is Summit Finviora a beginner-friendly trading software?

Yes, Summit Finviora has a user-friendly interface and simple tools. It also comes with a free demo mode where traders can practice different strategies. These features indicate that Summit Finviora is a beginner-friendly system.

Can I use Summit Finviora on my smartphone?

Summit Finviora is a web-based software that does not require installation or downloads. It can be used on any device, including smartphones, computers, and tablets.

Police break silence on abduction of female students in Kebbi

By Ibrahim Bello/Birnin Kebbi

The Police have confirmed 25 female students were abducted while one person was shot dead in bandits’ attack on Government Girls’ Comprehensive Secondary School, Maga, in Danko/Wasagu Local Government Area of the state.

The gang of bandits invaded the school at at about 4 a.m. on Monday, Nov. 17 wielding sophisticated weapons and shooting sporadically, Kebbi Police Command spokesperson, CSP Nafi’u Abubakar, disclosed this in a statement issued on Monday in Birnin Kebbi.

Abubakar said police deployed tactical units to engaged the attackers in a gun duel when it received information about the attack.

“Unfortunately, the bandits had already scaled the school fence and abducted 25 students from their hostel to an unknown destination.

“Similarly, one Hassan Makuku, was shot dead, while one Ali Shehu, sustained an injury on his right hand,” he said.

He added that upon receiving the report, a combined team of additional police tactical units, military personnel, and vigilantes was deployed to the area and had begun combing the bandits’ routes and nearby forests, with a view to rescuing the students and arresting the perpetrators.

Abubakar said the Commissioner of Police, Bello Sani, reiterated the command’s commitment to safeguarding the lives and property of residents of the state.

The PRO appealed to the public to remain calm, vigilant, and to continue supporting security operations to ensure the maintenance of peace and stability.

(NAN)

We’ve removed cancer destroying PDP Mu’azu

By Angela Atabo

Former Governor of Niger, Mu’azu Aliyu has said the Peoples Democratic Party(PDP) has successfully removed the cancer destroying the party by suspending some members.

Aliyu said this at the Dr Nnamdi Azikiwe’s 6th Annual Award Lecture 2025(121-Posthumous Birthday Celebration)themed “The Power of Pan-African unity, Strengthening Nigeria’s Role in African Integration and development” in Abuja.

Aliyu, who is also the Chairman of the 2025 National Planning Committee of the Dr Nnamdi Azikiwe’s 6th Annual Award Lecture condemned the mass defection in political parties to APC.

Aliyu warned, “believe me, if we make the mistake of creating a one-party state in Nigeria, we will pay for it.

“So it is good that we give an alternative to people, but that does not say that if people decide to go one way, we must really accept it.

“There was a time when PDP had up to 28 governors in this country and nobody cried foul. But one can cry foul when you see your governor has been taken away either by bribe or by intimidation.

“The constitution of the country says you cannot go to another party with the mandate of another party and yet we are not following that rule.”

Aliyu said this mandated PDP to go to Ibadan to look at what has been happening to the party.

“Like surgeons, we removed the cancer. The cancer that had been part of our party that has crippled the party.

“We hope with that removal of the cancer, the party may be able to move and give Nigerians an option on what to do,”he said.

But in his response, Sen. Ali Ndume, representing Borno South, has said the All Progressives Congress (APC) has no choice but to accept “displaced politicians” from other parties in the wake of rising defections.

“I wish you good luck. You said that you have removed the cancer. I do not know whether it is too late or your patient will be revived.

“We in APC have no choice but to accommodate our displaced politicians that are trooping into APC. Our president is a leader and that comes to the topic of today. What we need is that charity begins at home. Let us be united.”

Ndume stressed the need to for politicians to be behind the leadership of President Bola Tinubu to move the country forward through unity.

According to Ndume, other parties in the political scenario that were supposed to be either the opposition or the minority are concentrating on picking over power which is yet to come.

“We far away from 2027 yet the PDP are gathering in Ibadan to say they want to throw away APC. Wait until 2007.

“Come and contribute to the success of the government but they are saying that they want to come into APC.

“We opened the door. In fact, I warned that APC is being overloaded and when you have a ship and you have loaded cargo, most of them empty, then there are chances you will capsise and if it capsises, you the owner of the ship will be in a bigger problem. That is why we find ourselves, “he said.

Ndume said that the PDP is not comfortable playing the minority or the opposition role.

He said that the leadership of APC went out of its way to ask them to come over.

“But when your brother is displaced because of crisis in his party and he knocks at your door, will you leave the door closed or you open it for him? So that is what is happening to us.

“So when they come as we get them into APC, they are not contributing anything. They do not say anything. They just sit down and be part of it.”

Also speaking, Prof. Tijani Mohammad-Bande, President of the 74th session of the UN General Assembly (UNGA),and Chairman of the Occasion, called for the need to strengthen the bonds of unity in Nigeria and Africa.

Mohammad-Bande urged politicians to walk in the footsteps of Nnamdi Azikiwe as politicians with the interest of the nation before anything.

“Being a ceremonial president in the 60s, and then putting a big fight to become the executive president. Through it all, he maintained his relationships with all Nigerians, which is important.

“Nothing will happen, and Nigerians must hear this, we can make no progress if we do not push to our purposeful unity.

“Today, one tweet from an individual of an institution, and we begin to abuse ourselves. I mean, how do we get to this?”

Mohammad-Bande explained that the role of Nigerians should be in bringing development, justice, and democracy on the African continent just like Zik and other founding fathers did.

“I insist that Nigerians need to know what our founding fathers meant. They fought, they quarrelled, but they stood for Nigeria, which we thought is important,” he said.

(NAN)

Massive glitch fraud hits Alpha Morgan Bank, N230m swept away

By Akin Kuponiyi

Two customers of Alpha Morgan Bank Plc-NEM Insurance Plc and Extension Publications Limited, have joined the bank in suing 19 financial institutions over the alleged disappearance of N230,978,536 during what the bank described as a system glitch.

The suit, filed at the Federal High Court in Lagos, seeks urgent orders to block multiple bank accounts across the financial sector and recover the allegedly diverted funds.

According to an affidavit sworn to by Dayo Abe, a litigation officer at the law firm of Babafemi Akinsete and Co., the technical malfunction in Alpha Morgan Bank’s system was exploited by certain service merchant agents operating as digital financial services providers.

These agents, the affidavit states, “took advantage of the glitch and unlawfully initiated multiple transfers” from the customers’ accounts into accounts domiciled in the 19 financial institutions now listed as defendants.

Further investigation by Alpha Morgan Bank reportedly revealed that the total amount illegally moved from the accounts of NEM Insurance Plc and Extension Publications Limited was N230,978,536, spread across multiple bank accounts linked to several BVNs.

Following the bank’s complaint, the 19 financial institutions were said to have placed temporary post-no-debit restrictions on the suspicious accounts.

However, the plaintiffs warn that unless all accounts connected to the perpetrators’ BVNs, including accounts not yet identified, are frozen, the funds may be irretrievably lost.

The affidavit explains that the suspects had already begun transferring the money from the first-level beneficiary accounts into other banks to “continue to unlawfully dissipate the said funds.”

The plaintiffs argue that the bank and its affected customers have suffered “humongous fraud” resulting from the system glitch, and that failure to immediately block the linked accounts will cause “untoward hardship and dire financial loss” to both the bank and its shareholders.

They are, therefore, asking the Federal High Court to issue an order compelling the 19 banks to reverse and refund all “wrongfully, illegally and illicitly debited” sums back into Alpha Morgan Bank’s settlement and collection account.

The court is yet to fix a date for hearing.