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Court Remands Tunde Ayeni In Kuje Prison Over ₦15.6bn Fraud  By Editor  A Federal Capital Territory High Court in Apo, Abuja, on Monday remanded a former chairman of the defunct Skye Bank Plc, Tunde Ayeni, in the Kuje Correctional Centre over alleged N15.6bn fraud. Ayeni was arraigned by the Economic and Financial Crimes Commission before Justice Jude Onwuzuruike on 17 charges bordering on criminal breach of trust, misappropriation, and conversion of investors’ funds amounting to N15,665,085,429. A statement by the EFCC spokesman, Dele Oyewale, said the prosecution counsel, E.E. Iheanacho (SAN), told the court that the matter was set for arraignment and that the prosecution was ready to proceed to trial. “We have before the court a 17-count charge dated April 28, 2026. We humbly apply that the charge be read to the defendant,” Iheanacho said. However, the defence counsel, Ahmed Bashir (SAN), informed the court that the charge had been served on the defendant on a p...

Poor Asset Valuation Delaying Progress, Restricting Credit Access — Surv. Isiokherhe ,,,Urges Urgent Reforms In Land Administration  By Iduozee Efe Paul, Benin  The Chairman of the Edo State Branch of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), ESV Rogers Isiokherhe, has identified robust valuation practices as a critical lever for unlocking Nigeria’s vast but underutilised wealth, urging urgent reforms in land administration and asset documentation systems. Speaking during the 2026 Valuation Day celebration and awareness march in Benin City, Isiokherhe said Nigeria’s economic constraints are less about resource scarcity and more about the failure to properly account for and optimise existing assets. Despite the country’s abundance of natural and economic resources, he stated that weak valuation frameworks continue to constrain growth, widen inequality, and limit access to finance. “Valuation is fundamental to economic planning, investment dec...

CRPP Threatens To Petition EFCC To Investigate  Govt  Okpebholo Projects  ...Lampoons On  Him For  Single-Handedly Picking Candidates Iduozee Efe Paul, Benin  The Coalition of Registered Political Parties (CRPP) has condemned governor Monday Okpebholo's over his undue interference and single-handedly picking candidates in the forthcoming primaries elections in Edo state APC, and urged him to let democracy breathe.  The Coalition therefore blamed the regime of Governor Monday Okpebholo, rating its performance as below public expectation while raising concerns over transparency in key infrastructure projects in Edo State. This follows a communiqué issued at the end of its second general meeting held in Benin City and signed by its National Chairman, Dr. Samson Isibor, the coalition said citizens of Edo state have shown “resilience and endurance” despite what it termed economic hardship and rising insecurity, particularly in Ekpoma, Edo Centra...

Legal Net Tightens: Defamation Suit Against Jessica Iguodala Adjourned  ... As She Evades Service, Criminal Charges The legal walls are closing in on Jessica Iguodala, as she faces mounting pressure in both civil and criminal courts. Today, the civil suit involving the alleged malicious character assassination of Elder Francis Omoruyi Oloton with suit number B/167/2026, took a brief pause before Honourable Justice E.O. Ahaomoje at the Edo State High Court No. 4, following Iguodala’s continued absence. When the matter was called for mention, the claimant’s legal representative, Samson R. Osagie, Esq., was present and ready to proceed. However, the court was informed that Iguodala has yet to be formally served with court processes. Despite repeated efforts to bring her to account for the damage caused to Elder Oloton’s reputation, every attempt at service has "proved abortive." Justice Ahaomoje has adjourned the matter to June 16, 2026, for mention, giving the legal...

TUESDAY FLAT OUT OPINION -Tinubu: Borrowing Is Leprosy   By Suyi Ayodele (Published in the Nigerian Tribune on Tuesday, May 5, 2026) https://tribuneonlineng.com/tinubu-borrowing-is-leprosy/   “Neither a borrower nor a lender be; For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry.” William Shakespeare, Hamlet (Act 1, Scene 3)   Nigeria has shifted from incurring debt as an instrument of policy to embracing it as a condition of survival. It is a dangerous evolution—made worse when President Bola Ahmed Tinubu appears to regard debt not as leprosy, but as ornament.   Greek philosopher, Plutarch (before AD50-after 120), wrote a piece titled: “That We Ought Not to Borrow.”   What the old Greek philosopher said in the piece, published in Vol. X of the Loeb Classical Library edition of the Moralia, 1936 (Pg. 315-339), shows that borrowing is worse than leprosy in all ramifications. Plutarch’s piece summarises the Greeks...

Monday Lines OPINION: APC’s Politics Of Consensus By Lasisi Olagunju (Published by the Nigerian Tribune on Monday, May 4, 2026) In a democracy, victory won through real elections brings enduring legitimacy. ‘On Your Mandate We Shall Stand’ was composed and sung for Moshood Kashimawo Olawale Abiola because he submitted his ambition to a competitive process: he had a competent opponent, votes were cast, counted, and he won. The song, its defiance, and resilience followed that mandate because it was legitimate. Those who chant similar slogans today may find themselves clutching empty matchboxes tomorrow if they continue to sidestep competitive elections. A democratic seat secured through elite manipulation and backroom agreement cannot command enduring popular support, especially when those same elites decide to take it back. Nigeria today stands in the grip of what is called consensus politics; choosing candidates without the 'trouble' of voting. We are even scheming ...

Dispute In NDC Registration As ADA questions Process ... Dickson Reacts To Allegation   Fresh controversy has erupted over the registration of the Senator Seriake Dickson-led National Democratic Congress, with the All Democratic Alliance raising concerns about the legitimacy of the process. It will be recalled that a few weeks ago, a chieftain of the All Democratic Alliance, Umar Ardo, alleged that the NDC’s registration by the Independent National Electoral Commission did not follow due process. Ardo claimed there were irregularities in the documentation submitted by the NDC and questioned the speed of INEC’s approval. “We have written to INEC to ask for a review. Political parties cannot be registered through the back door,” he said in a statement last month. Dickson : “I’m disappointed in my friend Ardo” However, his claims were dismissed by former Bayelsa governor and NDC convener, Senator Seriake Dickson, who expressed disappointment in Ardo. “I’m disappointed in my friend Uma...