COURT GRANTS FINAL FORFEITURE OF $13M LINKED TO ACHIMUGU’S FIRM TO GOVERNMENT. (PHOTO). #PRESS RELEASE.

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 EFCC PRESS RELEASE Court Grants Final Forfeiture of $13m Linked to Achimugu’s Firm to Government Justice Emeka Nwite of the Federal High Court in Abuja, on Wednesday, March 25, 2026 granted an order of final forfeiture of the sum of $13 million linked to a business woman, Ms Aisha Achimugu and her Oceangate Engineering Oil & Gas Ltd, to the federal government. The Economic and Financial Crimes Commission, EFCC, dragged Oceangate Engineering Oil & Gas Ltd before the court regarding the ownership of $13m suspected to be proceeds of fraud and unlawful activities.  Delivering judgment in a suit instituted by Oceangate Engineering Oil & Gas Ltd to claim the funds, Justice Nwite held that the company failed woefully to establish how it came about the money. He, however, stressed that the EFCC succeeded in convincing the court that the funds are proceeds of fraud and should be forfeited to the government.   The judge dismissed the claims that the $13 million wa...
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BRITNEY SPEARS SELLS OWNERSHIP OF HER MUSIC CATALOG. (PHOTO).

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 Britney Spears sells ownership of her music catalog


Britney Spears has sold the rights to her music catalog to the publishing company Primary Wave, according to a source familiar with the agreement.

The deal is reportedly worth around $200 million. Representatives for Spears and Primary Wave did not immediately comment on the sale.

Spears, 44, first rose to fame with her 1999 debut album and has produced a string of iconic hits, including “...Baby One More Time,” “Oops!… I Did It Again!,” “Gimme More,” “Circus,” and “Not a Girl, Not Yet a Woman.”

She was freed from a 13-year conservatorship in 2021. In her 2023 memoir, The Woman in Me, Spears detailed how her life had been controlled by others. Since then, she has married and divorced Sam Asghari and continues to attract attention online with Instagram posts, often featuring dance clips or cryptic imagery. Last week, she posted a message expressing fear of her family and gratitude for surviving her past, though she later removed the caption.

Spears joins a growing list of major artists who have sold their music catalogs in recent years, including Bob Dylan and Bruce Springsteen. Primary Wave’s portfolio also includes works by Stevie Nicks and the estates of Prince and Biggie Smalls, representing more than 1,000 Top 10 singles and over 400 number-one hits.


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