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...

DR CONGO AGREES TO A CEASEFIRE WITH M23 REBELS IN MAJOR BREAKTHROUGH. (PHOTO).


 DR Congo agrees to a ceasefire with M23 rebels in major breakthrough


The Democratic Republic of the Congo on Friday accepted Angola's proposal for a ceasefire between the government and the AFC/M23 rebel group, the president’s office announced.


It's a long-awaited breakthrough that brings the warring sides closer to an end of decades of conflict in the mineral-rich eastern Congo. They signed a framework agreement for a peace deal in November 2025.


Angola’s President Joao Lourenco earlier this week proposed a ceasefire between the warring parties in eastern Congo from February 18.


The proposal followed a meeting held on Monday in Luanda between Lourenco, Congolese President Felix Tshisekedi, Togolese President Faure Gnassingbe, mediator of the African Union, and former Nigerian President Olusegun Obasanjo, one of the African Union facilitators of the peace process in the Congo.


Peaceful solution


The president has agreed to a ceasefire for a peaceful solution to the conflict, a statement by the Congo’s president’s office said, Anadolu Agency reported.


There was no immediate reaction from the AFC/M23 armed group.


But the statement warned that any unilateral consolidation of military positions or any action aimed at altering the balance on the ground during the ceasefire period would seriously compromise the credibility of the process and weaken its prospects.


The UN Under-Secretary-General for Peace Operations Jean-Pierre Lacroix said Tuesday MONUSCO would deploy forces in the Congo’s border city of Uvira in South Kivu Province to monitor the ceasefire after their security guarantees were met.


M23 has been at the center of the conflict in eastern Congo. The rebel group controls significant territory in eastern Congo, including the provincial capitals of Goma and Bukavu seized early in 2025.

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