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...
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INEC COMMENCES DISTRIBUTION OF ELECTORAL MATERIALS FOR SENATORIAL BYE ELECTION IN RIVERS STATE. (PHOTO).

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 INEC COMMENCES DISTRIBUTION OF ELECTORAL MATERIALS FOR SENATORIAL BYE ELECTION IN RIVERS STATE


The Independent National Electoral Commission, INEC, in Rivers state has commenced the distribution of electorial materials ahead of Saturday June 20 senatorial election for Rivers South East Senatorial District.


While distributing the materials at the Central Bank of Nigeria office in Port Harcourt, Rivers State Resident Electoral Commissioner  Johnson Alalibo Senikien assured of a free fair and transparent process.


Four political parties are participating in the bye-election holding in seven  local government areas, with a total registered voters put at 858, 573 across 1,629 polling units.


The bye election aims to fill the vacuum created, following the death of  Barry Mpigi, who was representing the Federal constituency.

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