Business
Emefiele: Forensic expert confirms Buhari’s signature was forged to withdraw $6.2m from CBN

A forensic document examiner from the Economic and Financial Crimes Commission (EFCC), Bamayi Haruna Thursday revealed that former President Muhammadu Buhari’s signature was forged to facilitate the movement of $6,230,000 from the Central Bank of Nigeria (CBN) at the Federal Capital Territory High Court.
The EFCC has said that the funds of being directed towards election observers for the 2023 general election.
The revelation came during the trial of former Governor of the Central Bank, Godwin Emefiele, who faces a 20-count charge involving alleged corrupt practices and forgery.
Haruna’s testimony contradicted the purported “presidential approval” used for the transaction, with former Secretary to the Government of the Federation, Boss Mustapha .
Mustapha, had during one of the proceedings denyied knowledge of any directive from Buhari regarding the funds during his service.
During Thursday’s proceedings, Haruna emphasized that the specimen signatures did not match Buhari’s signature on the disputed document.
He urged the court to consider his analysis, asserting that the signatures in question were forged. Emefiele, re-arraigned on amended charges related to fraud, maintained his plea of not guilty.
Justice Hamza Muazu adjourned the trial to March 13 for further proceedings. The case continues to draw attention as it unveils alleged financial irregularities at the highest levels of the Nigerian government.
Business
Woman demands $250,000 from Promasidor over son’s death at factory
A few hours after reporting to the factory, Patrick reportedly fell from a rooftop into a warehouse and died.

• Patrick Ogbu
One Mrs Susan Ogbu has filed a $250,000 lawsuit against Promasidor Nigeria Ltd.; its parent company, Promasidor Holdings; and several others over the death of her 26-year-old son, Patrick Ogbu.
The suit, filed at the National Industrial Court in Lagos, alleged gross negligence and unsafe work practices.
Other defendants named in the case are Mr Dapo Omolade (operating under the Dapo Omolade Empowerment Initiatives), Hybrid Group Limited, Hybrid HSE Limited, Bohlar Integrated Services, and the Minister of Labour and Employment.
In the suit marked NICN/LA/361/2024, Mrs. Ogbu, through her counsel David Kupolati, is demanding N300 million in compensation, and N150 million in general damages from the defendants, citing wrongful death due to negligence.
She is also seeking a court order for a 21 per cent annual interest on the judgment sum until it is fully paid, along with N5 million, in legal costs.
Patrick Ogbu joined the HSE trainee program operated by Omolade and Hybrid Group on April 1, 2024, under an offer letter dated March 4, 2024.
The program promised technical skills training in health and safety and offered a monthly stipend of N65,000.
According to the claimant, her son, Patrick was, on August 9, 2024 assigned to Promasidor Nigeria’s factory through an arrangement between Bohlar Integrated Services and Promasidor.
A few hours after reporting to the factory, Patrick reportedly fell from a rooftop into a warehouse and died.
“Sadly a few hours after the claimant’s son left home to resume work at the Promasidor (fifth defendant) project site, she received the sad news that her son had fallen from the factory rooftop into the warehouse and died almost immediately.
“The unfortunate, sad and premature death of her son arose due to the gross negligence and unsafe practices of Dapo Omolade, Hybrid Group, Hybrid HSE Limited, Bohlar Integrated Services and Promasidor Nigeria,” she said.
His mother blamed the accident on the “gross negligence and unsafe work conditions” at the site, attributing responsibility to all the defendants.
Mrs Ogbu is also requesting that the court compel the Minister of Labour and Employment to investigate the operations of the DOME initiative and impose sanctions on all responsible parties.
She further seeks an order for a full health and safety audit of Promasidor’s factories and a formal inquiry into the company’s labour practices across Lagos and Ogun states.
Source: PUNCH
Business
BREAKING: Bank customers to pay N6 per SMS transaction alert starting tomorrow

Commercial banks in Nigeria, including Guaranty Trust Bank customers will commence payment of N6 for every SMS transaction alert starting tomorrow.
This is coming on the heels of the increase in telecommunications rates by telecommunications providers following a nod by the federal government.
The SMS charges were increased by 50% to N6 from the previous N4 per message.
Various banks had sent emails to their customers to inform them of the current change.
An email from Guaranty Trust Bank Limited with the heading “Increase in SMS Transaction Alert Fee” read:
“Dear Valued Customer, Please be informed that effective Thursday, May 1, 2025, the SMS transaction alert fee will increase from N4 to N6 per message.
This adjustment is due to a recent increase in telecom rates as communicated by the telecommunication service providers.
“Kindly note that transaction alerts are important and help you keep track and stay in control of activities on your account.
“SMS alerts to international phone numbers are subject to higher charges.”
Business
NNPC Sacks 200 Mele Kyari’s Loyalists
Those departing immediately are Bala Wunti, former chief of National Petroleum Investment Management Services (NAPIMS), and Ibrahim Onoja, managing director of the Kaduna Refinery.

The Nigerian National Petroleum Company (NNPC) Ltd has appointed Maryam Idrisu as Managing Director of NNPC Trading and Obioma Abangwu as Chief Liaison Officer for Board Matters.
This followed the reported sack of over 200 staff, including loyalists of the former Group Chief Executive Officer (GCEO), Mele Kyari.
BusinessDay reported that those departing immediately are Bala Wunti, former chief of National Petroleum Investment Management Services (NAPIMS), and Ibrahim Onoja, managing director of the Kaduna Refinery.
Also asked to leave is Lawal Sade, the Chief Compliance Officer and former Managing Director of NNPC Trading.
It was gathered that over 200 employees have been impacted, marking the beginning of what may be a series of staff changes.
-
Business1 day ago
Competition Tribunal Orders Coca – Cola to pay N190 million misleading Fines Within 60 Days
-
Sports3 days ago
Remo Stars win Nigerian champions for the first time
-
Politics2 days ago
Why Sanwo-Olu is Angry with Peter Obi •What Peter Obi Says At Johns Hopkins University
-
News3 days ago
Nigeria Congratulates South Africa On Her Freedom Day Anniversary
-
Sports3 days ago
Man City sink Forest to reach third successive FA Cup final
-
Entertainment2 days ago
Annie Macaulay confirms divorce from 2Baba
-
News9 hours ago
FBI, others to release Tinubu US probe reports May 2
-
Health2 days ago
Aliko Dangote Foundation Donates Ambulance to Mainland Hospital Yaba