News
Saheed Danjuma Bags One Year For Illegal Foreign Exchange Transactions In Lagos
Saheed Danjuma Bags One Year For Illegal Foreign Exchange Transactions In Lagos
Justice T. A. Aluko of the Federal High Court sitting in Ikoyi, Lagos, on Wednesday, July 29, 2026, convicted and sentenced Saheed Zubair Danjuma to twelve months’ imprison
ment for engaging in foreign exchange transactions outside the official foreign exchange market.
Eereporter.com
Danjuma was arraigned by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) on a one-count charge bordering on engaging in foreign exchange transactions other than through the official foreign exchange market, contrary to Section 11(1)(a) and punishable under Section 11(2)(a) of the National Economic Intelligence Committee (Establishment, etc.) Act, 1994.
The charge reads:
“That you, SAHEED ZUBAIR DANJUMA, sometime in 2026, at Lagos within the jurisdiction of this Honourable Court, engaged in foreign exchange transactions with Usman Muhammad other than through the official foreign exchange market and thereby committed an offence contrary to Section 11(1)(a) of the National Economic Intelligence Committee (Establishment, etc.) Act, 1994 and punishable under Section 11(2)(a) of the same Act.”
Jail
The defendant pleaded guilty to the charge when it was read to him.
Following his guilty plea, prosecution counsel, U. S. Kyari, urged the court to convict and sentence him accordingly.
In his judgment, Justice Aluko convicted and sentenced Danjuma to twelve months’ imprisonment, with an option of a fine of N100,000.00.
Eereporter.com
NNPC Limited, Heirs Energies Discuss Joint Venture Production Growth
The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, yesterday received in audience the Managing Director/Chief Executive Officer of Heirs Energies Limited, Engr. Osa Igiehon, at the NNPC Towers, Abuja.
Discussions covered production growth across the NNPC Limited/Heirs Energies Joint Venture (JV) and the work programme needed to sustain it.
NNPC Limited
The engagement is one of a series NNPC Limited is holding with companies operating across its JV portfolio, with focus on strengthening partnerships and enhancing collaboration towards growing national crude oil production.
Eereporter.com
IGP Disu Meets Retired Police Officers, Reiterates NPF’s Commitment to Retirees’ Welfare
The Inspector-General of Police, IGP Olatunji Rilwan Disu, psc (+), NPM, today 30th July, 2026 met with a delegation of Police Retired Officers Forum at the Force Headquarters, Abuja, in a consultative engagement focused on issues affecting retired police personnel, particularly concerns surrounding the administration and welfare of retired police officers.
Eereporter.com
In his remarks, the IGP assured them that the Nigeria Police Force leadership remains deeply committed to addressing issues affecting Retired Officers. He emphasized that the welfare of retirees is a standing priority for the Force Management Team and that discussions concerning their well-being are a regular feature of management deliberations.
IGP Disu further noted that the Force leadership will continue to maintain close engagement with retired police officers, stressing that their experience, guidance, and contributions remain invaluable to the growth and development of the Nigeria Police Force.
IGP Disu Meets Retired Police Officers
The Nigeria Police Force remains steadfast in honoring the service of its officers by ensuring their dignity, support, and welfare both during their time in active service and in retirement.
Eereporter.com
NNPC Limited, SNEPCo Strengthen Collaboration Towards Production Growth
The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, today received in audience the General Manager, Deepwater Oil, Shell Nigeria Exploration and Production Company Limited (SNEPCo), Mr Iyke Nnoaham, at the NNPC Towers, Abuja.
SNEPCo, NNPC
Discussions centred on deepwater production and how planned developments can support NNPC Limited’s upstream aspirations through enhanced partnerships and strengthened collaboration.
Eereporter.com
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