EFCC ARRAIGNS MAN FOR ALLEGED ₦55M FRAUD IN LAGOS. (PHOTO). #PRESS RELEASE.

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 EFCC Arraigns Man  for  Alleged ₦55m Fraud in Lagos The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Wednesday, December 3, 2025 arraigned one Gabriel Celestine Nwawuzor, before Justice Daniel Osiagor of the Federal High Court in Ikoyi, Lagos for ₦55m fraud. Nwawuzor was arraigned alongside Moonlink Pharmaceuticals Limited, on a 3-count charge bordering on fraud and money laundering to the tune of N55,000,000 (Fifty Five Million Naira) One of the counts reads: "That you Gabriel Celestine Nwawuzor and Moonlink Pharmaceuticals Limited sometime in April, 2021, in Lagos, within the jurisdiction of this Honorable Court procured the account number 2170235882 domiciled in Zenith Bank to retain the sum of N55, 000, 000.00 ( Fifty Five Million Naira) which sum you knew forms part of the proceeds of your unlawful act and you thereby committed an offence contrary to Sections 21(a), 18(2)(d) of the of Money Laundering (Prevention and Prohibitio...
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FG STRENGTHENS PARTNERSHIP WITH FRANCE TO BOOST ECONOMIC GROWTH. (PHOTO).

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 FG Strengthens Partnership with France to Boost Economic Growth


The Federal Government has reaffirmed its commitment to strengthening economic ties with France to foster mutual prosperity. Minister of Information and National Orientation, Alhaji Mohammed Idris, made this known during a visit from French Ambassador Marc Fonbaustier in Abuja.


Idris praised France’s role in facilitating President Bola Tinubu’s 2024 state visit and emphasized the importance of implementing Memoranda of Understanding (MoUs) signed during the trip. He assured that Nigeria’s ongoing reforms would drive sustainable growth and welcomed continued French support.


Fonbaustier reiterated France’s commitment to deepening collaboration and invited Idris to the Nigerian Business Forum in Paris on April 10, 2025, highlighting the potential for attracting French investors to Nigeria.

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