General News
Bankers, Foreigners top EFCC’s Most Wanted List

Economic and Financial Crimes Commission (EFCC) has released list of wanted persons for various financial and economic crimes, just as the anti-graft agency said it has intensified efforts to re-arrest suspects.
The list on EFCC’s website, was dominated by bankers and foreigners, some of whom the agency disclosed may have fled the country to evade arrest.
Top on the list is one Bawa Thomas Momodu, a staff of Port Harcourt branch of Sterling Bank of Nigeria Plc.
Momodu according to EFCC is wanted in connection with a case of criminal conspiracy, stealing, forgery and money laundering. He was alleged to be on the run with N27 million, which he fraudulently transferred from the account of an unnamed customer of the bank.
The 38-year-old banker, according to the statement from EFCC speaks English and Etsako languages fluently and was residing at Road 120, off Obi Wali Road, Rumuigbo, Port Harcourt, Rivers State before the incident.
Another suspect, Emeka Charles Ekekwe, an ex-staff of Fidelity Bank of Nigeria Plc, Sapele branch, Delta State is wanted for stealing and obtaining money by false pretences.
Ekekwe, EFCC said, bolted away with N146 million.
According to the statement, Ekekwe who was born on March 30, 1984, speaks Igbo and English fluently and was last seen at his No 1, 15 Bishop Ukpong Street, Bishop Ukpong compound, AT & P Quarters residence in Sapele.
Three Indians, Nemi Chand Kothari, Sanjay Sharma, Srinivas an Subramanian and Sunit Sharma are also wanted by the anti-graft agency. They are wanted for forgery, money laundering and stealing from their employer, AKS Steel Nigeria Limited.
Though, they were initially arrested and released on bail, it was believed that they may have fled the country as they failed to show up for trial.
Kothari (60) and Sanjay Sharma (41) were last seen at Sheraton Hotel, Ikeja, Lagos.
According to the agency, their last known address was AKS Steel Nigeria Limited, located at No 48, Olatunbosun Street, Shonibare Estate, Maryland, Lagos Nigeria.
An Italian named Mariani Albino is also on the list. He is wanted for allegedly stealing N989 millon. The last known address of the run-away Italian was No 9B, Ezekwuese close, Lekki Phase 1, Lagos.
One Alhaji Muttairu Babatunde Babaegbe Orilowo is also among the wanted persons in connection with a case of criminal conspiracy, obtaining money under false pretences and stealing.
Though, EFCC did not state exactly how much the man allegedly stole, it however said that Orilowo speaks English and Yoruba fluently and was residing at I Otunba Adeniyi Street, Papa-Epe, Lagos.
Next on the list of the wanted persons who are on the run is Badmus Luqman Adedeji, a former CEO/MD of KYC Motors Nigeria Limited, Kaduna. He was alleged to have stolen N40 million worth of Property belonging to First Bank of Nigeria Plc.
Adedeji, (45), a civil engineering graduate of Ahmadu Bello University Zaria, hails from Oyun Local Government Area of Kwara State and his last known address, according to EFCC was No. 4 Mori Road, Rigachikun, Kaduna.
Also wanted for allegedly diverting N107 million to his private pocket is Nsikak Anthony Usoro.
Usoro,(35), an indigene of Mkat Local Government Area of Akwa Ibom State worked with Capital Oil and Gas Industries Limited, located at No. 1 Capital Oil Close, Westminster, Ibru Jetty Complex, Ibafon, Apapa, Lagos.
Olabode Jacob Obayomi is also said to be on the run. He is wanted in connection with the unauthorised sale of N251 million shares belonging to the Ebonyi State Government.
Obayomi is the managing director of Standard Chartered Securities Limited, located at 116-118, Lagos House, Central Area, Garki, Abuja. His last known address was Oke-Ero, Aiyedun Area in Kwara State.
General News
Nigeria Police suspends tinted glass permit enforcement over court injunction

Nigeria Police Force has suspended nationwide enforcement of its tinted glass permit policy, hours before its scheduled rollout, in compliance with a Delta State High Court order.

Tinted glass permit
The policy, set for January 2, 2026, aimed to curb vehicle-related crimes but faced legal challenge from a private citizen against the Inspector-General of Police, the force, and Delta Police Commissioner.
An ex parte injunction issued in December 2025 restrained enforcement pending suit determination, prompting the hold announced by spokesperson Benjamin Hundeyin on January 1.
Police entered appearance, filed preliminary objections, and sought injunction vacation; hearing adjourned to January 20, 2026.
The Nigerian Bar Association condemned initial police plans as “executive recklessness,” accusing disregard for rule of law, while police insisted no permanent bar existed on statutory duties.
IGP Kayode Egbetokun reiterated adherence to law while prioritising public safety via intelligence-led strategies during proceedings.
General News
NDIC Reinforces Full Oversight Compliance to Safeguard Depositors

Mr. Thompson Sunday, the Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), has reaffirmed the Corporation’s strict compliance with fiscal and financial regulations, including the provisions of the Fiscal Responsibility Act (FRA) 2007, noting that the NDIC has consistently remitted the required percentage of its earnings to the Federal Government.

Mr. Sunday made this known during a courtesy visit to the Managing Director/Chief Executive of the Ministry of Finance Incorporated (MOFI), Dr. Armstrong Takang, as part of NDIC’s ongoing engagement with key stakeholders following his formal assumption of office in July 2025.
According to him, NDIC takes financial accountability and transparency seriously, stressing that the Corporation complies fully with statutory remittance obligations, including the payment of 20 per cent of gross earnings or 80 per cent of net surplus to the Federal Government, as applicable. He added that NDIC also submits its financial statements ahead of statutory deadlines.
The NDIC MD/CE explained that this culture of compliance aligns with the Corporation’s role as a key institution within Nigeria’s financial safety-net, charged with protecting depositors and promoting confidence in the banking system. He emphasized that adherence to fiscal discipline remains central to NDIC’s credibility and effectiveness.
Mr. Sunday further disclosed that NDIC also complies with the Federal Government’s 50 per cent cost-to-income ratio policy, although he noted that the policy poses operational constraints. He explained that the deductions affect NDIC’s ability to build a strong Deposit Insurance Fund, which is needed to respond effectively to bank failures.
He stressed that international best practices under the Core Principles for Effective Deposit Insurance issued by the International Association of Deposit Insurers (IADI) require deposit insurers to maintain adequate funds to reimburse depositors when banks fail without recourse to government, adding that the NDIC is seeking an exemption to strengthen its capacity in this regard.
Mr. Sunday described MOFI as a critical stakeholder, noting that the Federal Government, through MOFI, holds a 40 per cent equity stake in NDIC. He said sustained collaboration with MOFI is essential to ensuring that NDIC continues to meet its obligations to government while effectively safeguarding depositors’ funds.
In his remarks, Dr. Takang commended the NDIC for its exemplary collaborative spirit and acknowledged the Corporation’s compliance with fiscal regulations. He assured that MOFI would continue to engage the Federal Ministry of Finance on NDIC’s behalf, noting that a strong NDIC is vital to sustaining confidence in Nigeria’s financial system.
Both institutions reaffirmed their commitment to continued cooperation, transparency and accountability, with Mr. Sunday reiterating that NDIC remains focused on balancing regulatory compliance with its overriding mandate of depositor protection and financial system stability.
General News
T2 Backs Youth Excellence as NCBC Wins Bosun Tijani Foundation Basketball Tournament

T2 has reaffirmed its commitment to youth development and excellence through sport as the NCBC basketball team, adopted by the brand, emerged champions of the Bosun Tijani Foundation Youth Basketball Tournament held at the Alake Sports Complex, Ijeja, Abeokuta.

The tournament, organised by the Bosun Tijani Foundation in collaboration with the Ogun State Government and supported by several partners including T2, brought together 12 competitive teams from across Nigeria, positioning basketball as a powerful platform for youth engagement, discipline, and opportunity.
NCBC’s championship run reflected the values T2 seeks to champion, work ethic, intelligence, teamwork, and resilience. The team recorded commanding victories over Team Vision, Warlords, and Elevate before defeating the Ilupjeu Raiders 66–52 in a gripping final.
Commenting on the adoption of the team, Seni Ogunkola, Vice President, Brands and Communication, T2 stated “NCBC embodies the qualities we believe in, exceptional work rate, intelligence on the ball, discipline, and a hunger to excel. By supporting them, T2 is investing in potential, purpose, and the next generation of leaders on and off the court.”
The climax of the event saw His Royal Highness, Oba Adedotun Gbadebo, the Alake of Egbaland, alongside Nigeria’s Minister of Communications and Digital Economy, Bosun Tijani, present the trophy to the victorious team, drawing rapturous applause from spectators. The event was also attended by the Chief of Staff to Ogun State Governor Dapo Abiodun, Mr. Lere Olayinka, and the Ogun State Commissioner for Sports, Honourable Wasiu Isiaka, underscoring strong institutional support for youth-focused initiatives.
Through its participation in the tournament, T2 continues to position itself as a brand that goes beyond sponsorship, championing platforms that unlock talent, inspire ambition, and create lasting social impact for Nigerian youth.
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