Connect with us

NEWS

BREAKING: I’ve ordered Jonathan to appear in court Wednesday, says Judge

Published

on

Justice Okon Abang of the Federal High Court in Abuja on Tuesday confirmed that he had signed a subpoena compelling former President Goodluck Jonathan to appear in court on Wednesday to testify in defence of a former National Publicity Secretary of the Peoples Democratic Party, Olisa Metuh.

This confirms The PUNCH’s exclusive story published on Tuesday that the judge signed the subpoena to be served on Jonathan after retiring back to chambers at the end of Monday’s proceedings.

The judge confirmed this on Tuesday during the resumed trial of Metuh and his company, Destra Investments Limited, on seven counts of money laundering involving alleged cash transaction of $2m and fraudulent receipt of N400m meant for procurement of arms from the Office of the National Security Adviser.

‎Confirming the summons on Jonathan on Tuesday, Justice Abang said he received Metuh’s application for a subpoena to be issued on Jonathan at about 3.59pm on Monday.

The judge said, “Indeed, at the close of business yesterday being October 23, 2017 precisely at about 3.59pm, the registrar forwarded to the court in chamber a subpoena to compel former President Goodluck Jonathan to appear in court to testify a the instance of the first defendant (Metuh).

“Therefore in line with section 241(1) of Administration of Criminal Justice Act 2015 and having regard to the subsisting judgment of the Court of Appeal in the appeal CA/A/159C/2017, between Olisa Metuh and Federal Republic of Nigeria dated September 29, 2017 to the effect that it will be tantamount to violating the right of the first defendant to fair hearing not to sign the subpoena.

“I have no option other than to sign a subpoena to compel former President Goodluck Jonathan to appear in court on September 25, 2017 (Wednesday)to give evidence at the instance of the first defendant.”

But while being interrogated by the judge on Tuesday, a registrar of the court said the bailiff of the court had yet to serve the subpoena on Joanthan as of Tuesday morning.

Most of Metuh’s defence witnesses, including Mr. Ben Nwosu, who ended his testimony earlier on Monday, had insisted that the sum of N400m paid to the ex-spokesperson for the PDP from the Office of the NSA in November 2014, the money being part of the case against Metuh, was directly authorised by Jonathan.

Metuh, had therefore through his lead counsel, Dr. Onyechi Ikpeazu (SAN), told Justice Abang on Monday that he would seek to subpoena the ex-President as a defence witness.

Ikpeazu said the defence had written formally to Jonathan notifying him of the intention to have him testify in court but that the former President did not reply.

EVENTS

Nigeria Selects “Mai Martaba” As International Feature Film (IFF) Contender For 2025 Oscars

Published

on

Mai Martaba as international feature film contender | fab.ng

The Nigerian Official Selection Committee has selected the epic Hausa film, Mai Martaba as its contender for the International Feature Film (IFF) category at the 97th Academy Awards. The Committee announced in an official statement that they selected the film to contend for the Oscars because of its theme and visual appeal.

Continue Reading

MUSIC

Don Jazzy Announces Tega Oghenejobo As The New President Of Mavin Records

Published

on

Tega Oghenejobo As The New President Of Mavin Records | fab.ng

On Tuesday, October 29, 2024, Michael Collins Ajereh, the visionary founder of Mavin (Records) Global, better known by his stage name Don Jazzy, announced a significant expansion within the company. He announced Tega Oghenejobo as the new president of Mavin Records.

Tega has been an integral part of Mavin’s journey. Now, his position as President has elevated his status in the company. In addition, he has been in the existing role of Chief Operating Officer (COO).

Don Jazzy expressed his admiration for Tega’s passion and resilience. He acknowledged his ability to spot these qualities in Tega from the early stages of their professional relationship.

He said,

I’m proud to announce @TEGAMAVIN expanded role as President and COO of Mavin. I am often praised for being able to spot and raise superstars, but I can proudly say the most genius thing I have done in my life was being able to spot the passion and resilience in Tega.”

“From the early days, I’ve watched him be curious about the business, build teams, develop executives, and ensure our talents have sustainable careers from the start. His commitment to growing Mavin and shaping the future of African music has been relentless, and I’m confident that with him in this role, we’ll continue to break new ground and achieve even bigger milestones for our artists and company,” he added.

Accepting the appointment gracefully, Tega Oghenejobo said,

“I’m honored to step into this new role as President & COO of Mavin Records. It means embracing new challenges, setting new goals, and reaching new heights. Thank you, Supreme Leader @donjazzy, for your unwavering belief and trust in me to lead the Mavin team.”

Check here for more updates.

Continue Reading

BUSINESS

Moniepoint Reaches African Unicorn Status With $110 Million Funding Boost

Published

on

Moniepoint reaches African unicorn status | fab.ng

Moniepoint Inc., a leading fintech company in Africa, has successfully raised $110 million in equity financing. This is to power the dreams of millions of businesses and their customers across the continent and the diaspora.

The Series C investment was led by Development Partners International’s African Development Partners (ADP) III fund. It is a premier fund focused on Africa.

Additionally, new investors joined the funding round. This includes a leading African private equity firm, Google’s Africa Investment Fund and Verod Capital. Existing investor, Lightrock, a global impact firm, also participated.

Tosin Eniolorunda and Felix Ike founded Moniepoint (formerly known as TeamApt) in 2015. Initially, it focused on providing infrastructure and payment solutions for banks and financial institutions. It has since grown into Nigeria’s leading business banking provider, trusted by millions of businesses.

The capital raised will be used to accelerate growth for Moniepoint across Africa.

Further, that entails building an all-in-one, seamlessly integrated platform for African businesses of all sizes. This platform will include services such as digital payments, banking, foreign exchange (FX), credit, and business management tools, making it a one-stop shop for business solutions.

Moniepoint’s exceptional contributions to Nigeria’s financial services sector have been widely acknowledged, along with its enviable track record of serving customers across Africa.

Each month, Moniepoint processes over 800 million transactions, with a monthly total value exceeding $17 billion, all while operating profitably.

Tosin Eniolorunda, Founder and Group CEO of Moniepoint Inc., expressed his excitement about the successful funding round and the company’s plans to expand its offerings and reach across the African continent.

Continue Reading

Latest

Habits That Cause Mouth Odour Even After Brushing | fab.ng Habits That Cause Mouth Odour Even After Brushing | fab.ng
HEALTHY LIVING43 mins ago

12 Daily Habits That Cause Mouth Odour Even After Brushing

Bad breath can be frustrating, especially if it lingers even after brushing. Certain habits that cause mouth odour even after...

Tips For Blending Lipstick Colours Perfectly | fab.ng Tips For Blending Lipstick Colours Perfectly | fab.ng
BEAUTY5 hours ago

5 Pro Tips For Blending Lipstick Colours Perfectly

In the world of makeup, nothing makes a statement like lip colour. But why stick to a single shade when...

The Tallest Building In Nigeria | fab.ng The Tallest Building In Nigeria | fab.ng
ARTS & CULTURE6 hours ago

Here’s The Tallest Building In Nigeria

The tallest buildings often shape a city’s skyline, and Lagos, Nigeria’s bustling metropolis, proudly showcases this in its towering structures....

Mai Martaba as international feature film contender | fab.ng Mai Martaba as international feature film contender | fab.ng
EVENTS3 days ago

Nigeria Selects “Mai Martaba” As International Feature Film (IFF) Contender For 2025 Oscars

The Nigerian Official Selection Committee has selected the epic Hausa film, Mai Martaba as its contender for the International Feature...

Tega Oghenejobo As The New President Of Mavin Records | fab.ng Tega Oghenejobo As The New President Of Mavin Records | fab.ng
MUSIC3 days ago

Don Jazzy Announces Tega Oghenejobo As The New President Of Mavin Records

On Tuesday, October 29, 2024, Michael Collins Ajereh, the visionary founder of Mavin (Records) Global, better known by his stage...

Moniepoint reaches African unicorn status | fab.ng Moniepoint reaches African unicorn status | fab.ng
BUSINESS4 days ago

Moniepoint Reaches African Unicorn Status With $110 Million Funding Boost

Moniepoint Inc., a leading fintech company in Africa, has successfully raised $110 million in equity financing. This is to power...

Jannik Sinner withdraws from Paris Masters 2024 | fab.ng Jannik Sinner withdraws from Paris Masters 2024 | fab.ng
FOREIGN4 days ago

World Number One Jannik Sinner Withdraws From The ATP Rolex Paris Masters 2024

Tournament organizers announced on Tuesday that world number one Jannik Sinner (23) will not participate in the Paris Masters indoor...

Just Us Girls returns for a third season this November | fab.ng Just Us Girls returns for a third season this November | fab.ng
MOVIES4 days ago

“Just Us Girls” Returns For A Third Season This November

The creators of “Just Us Girls” have launched the third season of their popular Nigerian web series. The season will...

Vinicius Junior Believes Racism Led To Ballon d'Or Defeat | fab.ng Vinicius Junior Believes Racism Led To Ballon d'Or Defeat | fab.ng
SPORTS4 days ago

Vinicius Junior Believes Fighting Racism Led To Ballon d’Or Defeat

Vinicius Junior, the 24-year-old Brazil and Real Madrid forward addressed his second-place finish in the Ballon d’Or voting on Monday....

Tosin Igho unveils trailer ahead of his movie, ‘Suspicion’ | fab.ng Tosin Igho unveils trailer ahead of his movie, ‘Suspicion’ | fab.ng
MOVIES4 days ago

Nollywood Director, Tosin Igho Unveils Trailer Ahead Of His Movie, “Suspicion”

Director Tosin Igho has released the trailer for his latest thriller, “Suspicion”. The movie will premiere on Prime Video on...

-Ad-

under40ceos-starting-a-business
under40ceos-starting-a-business

Trending