ALLEGED $1.5M FRAUD: WITNESS TELLS COURT FUNDS CAME INTO DEFENDANT’S ACCOUNT IN MULTIPLE TRANCHES. (PHOTO). #PRESS RELEASE

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 Alleged $1.5m Fraud:   Witness Tells Court Funds Came into Defendant’s Account in Multiple Tranches The Economic and Financial Crimes Commission (EFCC) on Monday, June 29, 2026, presented its third prosecution witness (PW3), Levi Amanda Opice, a Compliance Officer with Guaranty Trust Bank (GTBank), in the ongoing trial of Ifoma Immanuel before Justice Mojisola Dada of the Lagos State Special Offences Court, Ikeja, over an alleged $1.5 million fraud. Immanuel is standing trial alongside his company, Intermediate Investment Holdings Limited, on a two-count charge bordering on obtaining money by false pretence and forgery involving the sum of $1.5 million. According to the EFCC, investigations revealed that the defendant allegedly induced Adebisi Adebutu of R28 Holdings Limited to invest $1.5 million by claiming that the funds would be used to finance projects linked to Chappal Petroleum Development Company Limited, Intermediate Investment Holdings Limited, and Chappal Ener...
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NELLY FURTADO TO STEP BACK FROM PERFORMING FOR THE FORESEEABLE FUTURE. (PHOTO).

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 Nelly Furtado to step back from performing for the foreseeable future

Nelly Furtado has announced she is stepping away from live performances for the “foreseeable future.”

The singer, known for hits like “Maneater,” shared the news on Instagram Friday, reflecting on her 25-year career since the release of her debut album Whoa, Nelly! She said it’s time to focus on “other creative and personal endeavors,” though she emphasized that she will continue writing music, even if she isn’t performing it.

Furtado also acknowledged the next generation of artists, wishing them “many years of fruitful and passionate performance,” signaling a full step back from the stage. The announcement comes shortly after her return with 7, her first album in seven years, released in September 2024, which had reignited her connection to fans and younger audiences. For now, she says the focus is on passing the torch while exploring new paths beyond performing.


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