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EFCC Boss, Others Corner 500 FG Houses in Lagos, Abuja

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Influential ministers and aides of for­mer President Goodluck Jonathan were among those who allegedly shared over 500 Federal Government houses located in highbrow areas of Abuja and Lagos as parting gifts from the immediate past administration, according to Sun Newspapers.

Beside the influential ministers and top pres­idential aides, heads of some powerful feder­al agencies like the Economic and Financial Crimes Commission (EFCC) and the armed forces as well as top military officers are also beneficiaries of the last minute largesse of the Jonathan’s administration, as documents sight­ed in the office of the Secretary to the Govern­ment of the Federation (SGF) have revealed.

Curiously, most of the beneficiaries have one common feature; the allocation of the houses to them was not done in their individual names but in the names of front-companies and/or faceless companies.

Another interesting development is that with the decision of President Muhammadu Buhari to probe the Jonathan administration with a view to recovering billions of public funds and assets illegally taken by top officials of the immediate past government, many of the ben­eficiaries of the last minute sharing of public assets have abandoned the properties, most of which are now under lock and key and over­grown with weeds while others have refused to pay for the properties to avoid losing their money in the event that the Buhari government choses to revoke the sales.

A source in the SGF office told Sun that properties whose owners are now scared to take possession of them are scattered all over Asokoro and Maitama areas of Abuja as well as Ikeja GRA, Ikoyi, Victoria Island and Apapa areas of Lagos.

Investigations by Saturday Sun revealed that the abandoned properties are more in Lagos.

They litter Emotan road, Apapa GRA; Liver­pool road, Apapa, Marine road, Apapa; Park lane and Child avenue, both also in Apapa. In Ikoyi, they are located at Oyinkan Abayomi (Former Queen’s Drive) and Bourdillion road where the EFCC boss, Ibrahim Lamorde has his allocation; a mansion and two bungalows on a large expanse of land.

It was also gathered that while some of the former ministers and presidential aides have their allocations in Abuja, top military officers and some heads of government agencies have theirs in Lagos. Further investigations show that the former ministers, presidential aides and Heads of Departments and Agencies were allo­cated Guest Houses and other buildings owned by their MDAs at ridiculous prices.

The source, who is a top official of the SGF office, however, told Saturday Sun that most of the houses were abandoned because “the owners are obviously looking for private sec­tor individuals that can buy them as many of them didn’t really get the allocations to live in the houses, they only want to sell them off and make profit.”

When asked why the allocations were done in the names of companies rather than the names of the actual beneficiaries, the top offi­cial said: “Most of the owners got the houses while still in government and they wouldn’t like to disclose such huge assets in their assets declaration forms with the Code of Conduct Bureau because of the questions on the source of the funds used to pay for such. We’re only the ones who knows who owns what but if you follow the table of allocations, you will only find names of companies as beneficiaries.”

The source, however, exonerated the com­mittee in charge of the houses which is directly in charge of some of the sales of any complici­ty, adding: “Decisions and approvals more of­ten than not, come from the Presidency.”

“The committee also has no control over which name will be used for the purpose of allocation and what such beneficiaries do with the properties afterwards”, the official added.

Beside the sales done by the committee, it was also learnt that some public institutions like the NNPC, PHCN, NPA and CBN handled the sales of some of their properties based on approval from the Presidency. It was said that some of the controversial sales could have been done by the ministries and agencies that have presidential approval to dispose of their own assets.

Another source in the Ministry of Lands and Housing however said that the number of houses allocated was far lower than 500. The source, who is an official of the ministry, dis­closed: “It is true that some requests for allo­cation came towards the end of the last admin­istration but the real allocation was tactically delayed by some officials to avoid running into trouble with the then in-coming Buhari admin­istration.”

Reacting on behalf of the Chairman of Economic and Financial Crimes Commission (EFCC), the commission’s spokesman, Mr. Wilson Uwujaren said he was not at liberty to comment.

Although he did not deny the claims, he in­sisted on sighting the document wherein Lam­orde was named as one of the beneficiaries. He maintained that his reaction would be based on what the document alleged, rather than reacting in a vacuum.

He further insisted that the claims could have emanated from anybody who might be out to smear the image of the EFCC chairman.

“I cannot just react to your claims. At least, it is only fair that I see the document you are relying on. I need to study the contents of the document and then react accordingly. You know too well that anybody can make such a weighty allegation just to smear the image of the chairman of EFCC,” Uwujaren added.

But the presidency in its reaction vowed to investigate the development. Special Adviser to the president on Media and Publicity, Mr Femi Adesina said the Buhari administration “will investigate such deals.”

President Buhari has said he will not extend his corruption probe beyond the administration of former President Goodluck Jonathan.

The President had said during his recent vis­it to the US that he would arrest and prosecute past ministers and other officials who stole Ni­geria’s oil and diverted government’s money into personal accounts.

But the President’s Special Adviser on Me­dia and Publicity, Femi Adesina, said the Pres­ident will limit his anti-corruption war to the immediate past administration.

He said even before he was inaugurated on May 29, the President had categorically stated that he would not extend his corruption probe beyond the Jonathan government.

“If you recall, that was already settled before he got inaugurated as President. He has said he will not waste time digging into the far past,” Adesina said.

“The far past will include Obasanjo and oth­ers. But the President has said he will not waste time to go that far.”

Before leaving office, Jonathan had said any probe by the new government would be seen as a “witch-hunt” if it fails to go beyond his ad­ministration.


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Haleon Introduces New Corporate Identity in Nigeria

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Haleon, a global consumer health company with a purpose to deliver better everyday health, is introducing its corporate identity across Nigeria in a phased transition. Trusted brands such as Panadol, Sensodyne, Macleans, Otrivin, Voltaren, Cac 1000 and Andrews Liver Salts remain unchanged in formulation, quality, and effectiveness.

Following the formal demerger from GSK, Haleon was launched on July 18, 2022, as an independent company 100% focused on consumer health. Haleon is the new home for brands like Sensodyne, Panadol, Centrum and others, trusted by millions worldwide for their proven effectiveness in improving everyday health.

From relieving tooth sensitivity or pain to providing essential vitamins and nutrients, our products are designed to fulfil Haleon’s purpose: to deliver better everyday health with humanity.

This revised corporate identity is a branding change only and does not affect the safety, quality, or efficacy of the products. Haleon is sharing this update as part of its commitment to transparency and consumer confidence, helping consumers continue to choose the brands they know and trust.

Haleon’s collaboration with Fidson Healthcare forms part of this approach, reinforcing the value of local production in supporting trusted everyday health brands in Nigeria.

Panadol Extra 100s and Panadol Pain & Fever 100s are currently being produced and supplied to the market under the Haleon identity. Sensodyne Rapid Action will bear the Haleon corporate identity from mid-June, followed by Andrews Liver Salts later this year.

In due course, additional brands—including Otrivin, Voltaren, Cac 1000, Macleans, and the wider Sensodyne portfolio—will also transition to the Haleon identity.

Haleon remains committed to ensuring consumers can continue to access the same high-quality brands at pharmacies, supermarkets and other retail outlets across Nigeria.

“As Haleon introduces its identity in Nigeria, we want consumers to feel informed and reassured. The trusted products they rely on remain the same in quality, formulation and effectiveness.

“At the same time, our local production approach in partnership with Fidson Healthcare supports reliable access to high-quality everyday health products in Nigeria,” said Himanshu Raj, Haleon General Manager for Sub-Saharan Africa.

 


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Elon Musk Makes History as the World’s First Trillionaire

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Tech entrepreneur and SpaceX founder, Elon Musk, has become the world’s first trillionaire after the successful public listing of SpaceX pushed his net worth beyond the $1 trillion mark.

Elon Musk Makes History as the World’s First Trillionaire

Elon Musk

According to multiple financial reports, Musk’s fortune surged to approximately $1.1 trillion following SpaceX’s historic stock market debut on June 12, making him the first individual in history to achieve the milestone.

The sharp increase in wealth was driven primarily by SpaceX’s initial public offering (IPO), which valued the company at more than $1.7 trillion at listing before rising above $2 trillion during its first day of trading. Musk’s holdings in SpaceX, combined with his stakes in Tesla and other ventures, significantly boosted his net worth.

Musk, 54, is also the founder or co-founder of companies including Tesla, SpaceX, Neuralink and The Boring Company. He acquired social media platform X, formerly Twitter, in a $44 billion deal and has remained one of the most influential figures in technology and business.

Financial analysts noted that Musk’s wealth now far exceeds that of any other billionaire.

Matt Durot, deputy editor at Forbes Wealth, said the gap between Musk and the world’s second-richest individual had widened significantly, with no other person currently close to the trillion-dollar threshold.

Despite the historic achievement, Musk’s vast wealth has reignited debates over global inequality and the responsibilities of ultra-wealthy individuals in addressing humanitarian challenges.

Advocacy groups have frequently pointed to issues such as hunger, disease eradication and access to education as areas where large-scale private philanthropy could make a significant impact.

In 2021, Musk publicly challenged the United Nations to provide a detailed plan showing how billions of dollars could help combat world hunger. Although a proposal was later presented, no donation followed.

Analysts note that much of Musk’s wealth remains tied to company shares rather than liquid cash, meaning his net worth can fluctuate significantly with market movements.

Nevertheless, the SpaceX IPO marks a historic moment in global finance, placing Musk in a wealth category previously considered unimaginable.

Commenting on Musk’s business achievements, Jamie Dimon, chief executive officer of JPMorgan Chase, described him as “the Edison of our time.”

Musk’s rise from co-founding internet startup Zip2 in the 1990s to becoming the world’s first trillionaire is regarded by many analysts as one of the most remarkable wealth creation stories in modern history.


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Kaspersky Warns of “Grey” Scam Websites Exploiting User Trust

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Recent research by Kaspersky has shown that the so-called “grey” websites repeatedly target all world regions, and this may be driving both financial loss and large-scale data harvesting.

Grey websites are deceptive online platforms that fall outside traditional phishing definitions but still manipulate users into voluntarily handing over money and personal data. Kaspersky’s new report provides detailed insights into the threats posed by the grey websites on global and regional levels.

Unlike classic phishing attacks, which aim to steal credentials outright, grey websites rely on persuasion, misleading interfaces, and hidden terms to exploit users. They often impersonate legitimate services such as e-commerce platforms, financial tools, AI services, or subscription-based content, making them significantly harder to detect.

Kaspersky analysis shows that the majority of suspicious resources globally fall into several recurring categories:

  • Fake browser extensions and “security tools” that actually harvest browsing data and track user activity.
  • Fraudulent financial platforms including crypto exchanges, trading tools, and investment schemes promising unrealistic returns.
  • Intermediary services (e.g., legal or real estate), charging for low-value or nonexistent services while harvesting sensitive personal data.
  • Subscription traps offering low-cost trials that convert into costly recurring payments hidden in fine print.
  • Fake online shops that either deliver counterfeit goods or nothing at all.

Example of a grey website.

A notable trend is the emergence of tools disguised as AI services or image-processing platforms, reflecting attackers’ ability to adapt to current digital trends and target younger audiences.

There are proven security solutions that help users to detect grey websites across different types of devices – those running on Windows, Linux, Android and iOS. The detection model is based on many factors, including domain name and age, IP reputation, stability of the infrastructure used, DNS configurations, HTTP security headers, digital identity and popularity of the web resource and other criteria.

Regional specifics

Regional variations in grey websites demonstrate how threat actors localise scams based on user behaviour and trending technologies.

In Europe, the threat landscape is dominated by links to suspicious browser extensions and fake “privacy-enhancing” tools.

These resources often present themselves as security solutions, promising safer browsing or anonymous search capabilities. In reality, they function as browser hijackers – intercepting traffic, collecting cookies, tracking user behaviour, and injecting advertisements.

The popularity of these threats reflects a high level of user concern around privacy and security, which attackers actively exploit. Additionally, these regions show a steady presence of phishing intermediaries and crypto-related scams, indicating a blend of technical and financially motivated attacks.

Across African markets, financial scams are the most prominent category of suspicious resources. Fraudulent trading platforms, fake brokers, and investment schemes frequently mimic legitimate financial services, often accompanied by fabricated licenses or endorsements.

These platforms typically prevent users from withdrawing funds, instead introducing additional “fees” or taxes to prolong the scam. The concentration of these threats highlights how attackers leverage growing interest in online investing while exploiting gaps in regulatory enforcement and financial literacy.

In the Middle East and North Africa region, suspicious resources frequently mimic communication (Internet telephony) tools, financial platforms, or betting services. Additionally, Ponzi-style investment schemes and crypto scams are widespread, often presented through polished interfaces that mimic legitimate platforms.

Web browser-based threats also play a significant role, with malicious extensions targeting user data and browsing activity. The regional threat profile reflects a convergence of financial fraud and technical compromise, where users risk both data exposure and monetary loss.

“Suspicious websites don’t look harmful at first glance. But they exploit trust, urgency, and familiarity, and a single click on what looks like a harmless AI image tool, a “secure” browser extension, or a heavily discounted online shop could be all it takes to lose money or expose sensitive data.

Instead of direct credential theft, attackers turn to behavioural manipulation – whether that’s subscribing, investing, or installing software,” comments Anna Larkina, Web Content and Privacy Analysis Expert at Kaspersky.

 


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