EFCC ARRAIGNS ONE FOR N700M FRAUD IN LAGOS . (PHOTO).#PRESS RELEASE

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 EFCC Arraigns One for  N700m Fraud in Lagos  The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Friday, September 4, 2026, arraigned Osaretin Osagiede before Justice Olukayode Ogunjobi of the Lagos State High Court sitting in Ikeja,  over an alleged N700 million fraud. Osagiede is standing trial on a three-count charge bordering on unauthorised access to computer material and receiving stolen property to the tune of N700 million.  Count one reads: “That you Osaretin Osagiede and Zacharia Lorshe (at large), between March, 2025 and January 2026, in Lagos, within the jurisdiction of this Honourable Court, intentionally caused the Ravenpay user accounts' two-factor authentication (2FA) method to be bypassed, with the intent to secure unauthorised access to the bank's data and committed an offence contrary to Section 387 of the Criminal Law of Lagos State 2011. Another counts reads: “That you Osaretin Osagiede and Zacharia Lorshe...

AMERICAN AIRLINES FLIGHT ATTENDANTS PROTEST AS CEO MEETS WITH FRUSTRATED STAFF. (PHOTO).


 American Airlines flight attendants protest as CEO meets with frustrated staff

American Airlines flight attendants’ union plans to hold a picket outside the airline’s headquarters on Thursday, demanding stronger leadership as the carrier struggles to match rivals Delta Air Lines and United Airlines in profitability and on-time performance.

Ahead of the protest, CEO Robert Isom addressed employees in a video from the airline’s Fort Worth, Texas, headquarters, highlighting expected improvements for the year, including higher profits, better schedules, and upgraded cabins. “We look forward to working with all of you to make it happen,” he said.

The picket follows a vote of no confidence in Isom by the Association of Professional Flight Attendants, representing 28,000 cabin crew members—the union’s first such action against the CEO. Pilots’ and mechanics’ unions have also expressed concerns about reliability and financial performance, requesting meetings with the airline’s board to discuss these issues. The protest is notable because it is happening outside of contract negotiations.

Isom, who became CEO nearly four years ago, has been leading an overhaul aimed at modernizing cabins, expanding airport lounges, and adding services like free Wi-Fi. Last month, the airline forecast higher revenue and adjusted earnings per share of up to $2.70 in 2026, compared with just 36 cents in 2025.

Despite these efforts, American has lagged behind competitors. In the first 11 months of 2025, it ranked eighth in on-time performance, with a 73.7% punctuality rate. Its net income of $111 million last year fell far short of Delta’s $5 billion and United’s $3.3 billion, resulting in smaller profit-sharing pools for employees. Crew members have also criticized the airline for difficulties recovering from severe winter storms, leaving some without accommodations.

The union said in a statement that the airline’s current trajectory “puts our careers at risk” and called for “real accountability, decisive action, and leadership that will put this airline back on a competitive path.”

Isom has been working to boost morale across the company, speaking last week to about 6,000 managers at Globe Life Field in Arlington, Texas. “It’s incumbent on all of us to build on our progress … and to ensure that we grow profitability so American is around for the next 100 years,” he said.


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