LASG ISSUES TRAFFIC ADVISORY AHEAD OF FANTI CARNIVAL. (PHOTO). #PRESS RELEASE.

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 LASG ISSUES TRAFFIC ADVISORY AHEAD OF FANTI CARNIVAL The Lagos State Government has announced traffic diversions and restrictions ahead of the Lagos Fanti Carnival scheduled to hold on Monday, 6th April, 2026, around Tafawa Balewa Square (TBS), Lagos Island. In a bid to ensure a seamless and hitch-free carnival procession, vehicular movement will be restricted along major adjoining roads linking TBS. Affected Routes are; King George V Road (by Mobil Filling Station), Flag House inbound TBS, Force Road inbound TBS, Onikan Roundabout inbound TBS, and WaterBoy Roundabout by Old Defence House. Additionally, all link roads to Moloney Road, such as Military Road (by Old Defence Building), Ajasa Street, Boyle Street, and Hawley Street, will be closed to traffic during the event. To ease parking challenges, designated car parks have been arranged for public use, these include; the Yoruba Lawn Tennis Club Car Park, Zone 2 Car Park (opposite Island Club along King George V Road), Museum Kit...

EFCC DOCKS FAKE BANK MD FOR N100 MILLION SCAM.{PHOTO}.#PRESS RELEASE.

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      The Economic and Financial Crimes Commission, EFCC, Port- Harcourt’s Zonal office, on June 4, 2020, arraigned a spurious managing director of a micro finance bank, Belema Abibo and Cosmopolitan micro finance Bank limited, before Justice M. L Abubakar of the Federal High Court sitting in Port Harcourt, Rivers State, on two count-charges bordering on obtaining money by false pretences to the tune of N100 million.
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The suspects were arrested when a case of obtaining by false pretences (OBT) and fraudulent diversion of funds was raised against them by a petitioner.
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According to the petitioner, sometimes in 2016, some representatives of Cosmopolitan micro finance bank approached and persuaded him to deposit funds in the bank as a fixed deposit, with a promise of monthly interest of two per cent (2%), after a tenor of 360 days.
The petitioner alleged that he deposited and fixed the sum of One Hundred Million Naira (N100,000,000.00) in the bank, and upon maturity, the bank refused to refund neither the capital nor the accrued interest, to him, adding that the bank representatives suddenly became elusive.
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