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UPDATED: Yahaya Bello: Justice Anenih Reserves Ruling on Bail Application Until December 10
Justice Maryann Anenih of the Federal Capital Territory High Court has scheduled December 10, 2024, to deliver rulings on bail applications filed by former Kogi State Governor Yahaya Bello and two co-defendants.
This decision followed arguments presented by Bello’s counsel, Joseph Bodunde Dauda (SAN), and opposing submissions by EFCC counsel, Kemi Pinheiro (SAN), during Wednesday’s proceedings.
Bello and his co-defendants pleaded not guilty to a 16-count charge brought by the Economic and Financial Crimes Commission (EFCC). The former governor categorically denied the allegations as they were read out by the court registrar.
After their pleas, Bello’s lawyer moved a motion for bail, arguing that the application, filed on November 22, was supported by an affidavit and written address. Dauda cited the defendant’s appearance in court as evidence of respect for the law.
However, Pinheiro objected, asserting that the earlier bail application had lapsed in October. Pinheiro argued further that Bello’s refusal to appear in another pending case at the Federal High Court raised concerns.
Dauda countered, emphasizing that issues from another court should not influence the present case. He invoked the constitutional presumption of innocence, insisting that Bello was entitled to liberty while preparing for trial.
The EFCC pushed for immediate trial commencement, stating its readiness to call witnesses, but Bello’s counsel requested more time, noting that they had only been served with the charge on November 26.
For the second defendant, the EFCC raised concerns about the likelihood of reoffending, given his role as Director-General of the Kogi State Government House. The defense dismissed these claims, arguing that no evidence supported allegations of habitual misconduct.
Justice Anenih adjourned her ruling on the bail applications to December 10. In the interim, the court ordered the defendants to remain in EFCC custody.
Meanwhile, Umar Shoaib Oricha and Abdulsalami Hudu, earlier admitted to administrative bail, were present in court alongside Bello for the first time.
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Dangote Refinery IPO: SEC Warns Investors, ‘Don’t Pay Into Wrong Hands’
The warning effectively places investors on notice that interest in the IPO should not override basic due diligence, particularly in verifying where subscription applications are submitted and where payments are made.
• Aliko Dangote , flanks by her daughters and capital market regulators, during the gong opening ceremony on the NGX, Monday September 14,2026
The Securities and Exchange Commission (SEC) has warned prospective investors in the Dangote Petroleum Refinery and Petrochemicals Initial Public Offering (IPO) against fraudsters and unauthorised platforms seeking to divert subscription funds.
The warning came as the refinery’s was quoted on the Nigerian Exchange Limited (NGX) on Monday, September 14, 2026, marking a major milestone in the company’s planned public offer.
With strong public interest expected around one of Nigeria’s largest capital-market offerings, the SEC urged investors to deal only with officially designated and approved receiving agents, subscription channels and platforms.
“The public is hereby advised to exercise caution and ensure that all applications and payments relating to the IPO are made only through the officially designated and approved receiving agents/subscription channels and platforms,” the Commission said.
The regulator’s alert highlights growing concerns over the possibility of fake investment websites, cloned platforms, fraudulent payment channels and individuals posing as authorised agents to exploit the huge interest generated by the Dangote Refinery offer.
The SEC therefore advised prospective investors to obtain information about the IPO only through the Commission’s official channels, the issuer’s official channels and other channels specifically established and approved for the offer.
The warning effectively places investors on notice that interest in the IPO should not override basic due diligence, particularly in verifying where subscription applications are submitted and where payments are made.
News
Bamanga Tukur, former Adamawa gov, ex-PDP Chair dies at 90
Tukur, who died three days before his 91st birthday, was one of the prominent political figures whose career cut across Nigeria’s military and civilian administrations, the private sector and continental business circles.
BAMANGA Tukur, former National Chairman of the Peoples Democratic Party, PDP, and former governor of Gongola (now Adamawa)State, is dead, aged 90.
Family’s sources confirmed his death on Saturday, although details surrounding his passing were not immediately made public.
Tukur, who died three days before his 91st birthday, was one of the prominent political figures whose career cut across Nigeria’s military and civilian administrations, the private sector and continental business circles.
Born on September 15, 1935, he began his public service career at the Nigerian Ports Authority, NPA, where he served as General Manager from 1975 to 1982.
He moved into elective politics and won the Gongola State governorship election in 1983, but his tenure was cut short by the military coup in December of the same year.After leaving office, Tukur turned to business and founded BHI Holdings, popularly known as the DADDO Group of Companies.
He later returned to government as Minister of Industries between 1993 and 1995 under the military administration of General Sani Abacha.Tukur also played prominent roles in African business and economic affairs, serving as Executive President of the African Business Roundtable and Chairman of the NEPAD Business Group.
He held advisory positions with several international trade organisations.
In March 2012, he returned to partisan politics when he was elected National Chairman of the PDP with the backing of then-President Goodluck Jonathan.
His tenure, however, was overshadowed by prolonged internal disagreements within the party, culminating in his resignation as national chairman in January 2014.
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Albert Horsfall, Ex-SSS Director-General dies
“Details of funeral arrangements and other related activities will be communicated in due course.”
A former Director-General of the State Security Service and pioneer Director-General of the National Intelligence Agency, Albert Horsfall, has passed on.
Horsfall’s death was announced in a statement released on Friday, signed by his son, Donald Horsfall, and obtained by our correspondent.
According to the statement, the transition of the elder statesman and great son of Rivers State occurred peacefully, describing him as a “beloved patriarch.”
While the family mourns his death, the statement said they would be comforted by the extraordinary life he lived and the indelible mark he left on the sands of time.
“Details of funeral arrangements and other related activities will be communicated in due course,” it added.
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