Expert Calls for Urgent Reforms in Nigeria's Energy Sector
Dr. Chinedu Ogwus calls for science-driven reforms in Nigeria's energy sector, highlighting a $28bn annual loss and unreliable power for 70 million citizens. Discover the roadmap for change.
Category : Search result: 100 million energy fraud
$5B Africa Energy Bank HQ Complete in Abuja
Nigeria has completed the headquarters of the $5 billion Africa Energy Bank in Abuja. Minister Heineken Lokpobiri confirms all host obligations are met, paving the way for operations to begin. Read more.
Trump Commutes Sentence of $1.6B Fraud Executive
Outrage as US President Donald Trump frees David Gentile, who defrauded 17,000 investors of $1.6bn, after only 12 days in jail. Read the shocking details.
Court dismisses N1bn fraud case against MTN ex-staff
Lagos High Court acquits MTN ex-staff and contractor in N1bn fraud case after settlement. EFCC ordered to return seized assets and properties immediately.
Fatunbi makes 2025 Global 100 influential young leaders
Tolulope Fatunbi, CEO of Dorogis Limited, earns prestigious spot in 2025 Global 100 influential young leaders. Discover how he's transforming Africa's mining sector with technology and innovation.
Akume: Africa Must Lead Tech Energy Revolution
SGF George Akume urges African leaders to embrace emerging technologies for energy transformation. Nigeria positioning as competitive energy economy through Tinubu's reforms.
Okorocha's Niece Charged in N17m Land Scam
Uche David Obinali, niece of ex-Governor Rochas Okorocha, faces fraud charges for an alleged N17 million land scam in Abuja. She pleaded not guilty and was granted bail. Read the full details.
MMC 7.0: Energy Leaders Converge in Lagos
Top African energy executives gather at MMC 7.0 in Lagos to discuss sustainable energy's role in powering Africa's industrial revolution and equitable trade. Join the conversation December 4-5, 2025.
AfDB Approves $500m Loan for Nigeria Energy Reforms
African Development Bank approves $500 million loan to support Nigeria's energy sector reforms and climate action. Learn how this funding will transform Nigeria's power sector.
Nigerian Man Convicted in US Romance Scam
Saheed Sunday Owolabi, a Nigerian man, faces 40 years in US prison for wire fraud and money laundering in romance scams. Read the full story of the cyber fraud conviction.
UK Allows New Oil and Gas Drilling in North Sea
Britain's Labour government signals a policy shift, permitting limited oil and gas extraction in existing North Sea fields despite a prior ban on new licenses. Discover the details.
Hungary increases oil shipments to Serbia amid sanctions
Hungary pledges increased oil exports to Serbia as US sanctions threaten refinery shutdown. Learn how this energy crisis impacts Balkan stability and payment systems.
Nigerian sentenced for $290K COVID-19 fraud in US
Temitope Bashua, 29-year-old Nigerian, sentenced to 30 months in US prison for $290,000 COVID-19 relief fraud scheme. Learn details of the case and consequences.
UK Budget 2025: Energy Bill Relief Hope for Businesses
As UK prepares budget announcement, pub owners and households hope for cost-of-living relief from high energy bills. Discover the impact on businesses and potential solutions.
Tech Giants Deactivate 28M Nigerian Fraud Accounts
Google, LinkedIn and TikTok removed over 28 million Nigerian accounts linked to fraud and harmful content in one year. Learn how this affects online security.
US Warns Nigerians of Fake Jobs and Visa Scams
The US Mission in Nigeria warns citizens about sophisticated fake job and visa scams. Learn how to spot fraud and protect yourself from losing money.
EU leads €15.5bn clean energy campaign in Africa
The European Union has mobilised €15.5 billion to accelerate Africa's clean energy transition, promising electricity for millions and sustainable industrial growth.
LONTOR Invests N1.2b in Nigeria's Sustainable Energy Drive
LONTOR Hi-Tech commits N1.2 billion to boost solar energy and smart living in Nigeria. Discover their new Wuling Bus Partnership Programme for nationwide growth.
Former Anchor Sentenced in Massive COVID Fraud Case
Disgraced ex-TV anchor Stephanie Hockridge sentenced to 10 years for multi-million dollar COVID fraud scheme. Ordered to pay $64M restitution for fake PPP loans.
Tailor apprentice jailed for N450k internet fraud
A Federal High Court in Lagos has sentenced a tailoring apprentice to one year imprisonment for defrauding a victim of N450,000 through internet fraud. Read the full details of the judgment.
$4.7T Lost to Fraud Yearly - CIFCFIN Warning
CIFCFIN urges unified action against fraud costing $4.7T globally. Dr. Gashinbaki calls for strengthened regulations, ethical culture during International Fraud Week.
Actor Taye Arimoro sues Peggy Ovire for ₦100m
Nollywood actor Taye Arimoro files lawsuit against Peggy Ovire demanding ₦100 million compensation for alleged assault and rights violation on movie set. Read full details.
Student Loses ₦16,000 to Scammers at Computer Village
A secondary school student shares heartbreaking experience after being scammed at Computer Village Ikeja. Read his story and learn how to protect yourself from similar fraud.
Nigerian Doctor Jailed for NHS Fraud in UK
Nigerian doctor Richard Akinrolabu sentenced to 3 years in UK prison for defrauding NHS of £268,000 while on sick leave. Full details of the fraud case uncovered.
Nigerian Doctor Jailed for NHS Fraud in UK
UK court sentences Nigerian doctor Richard Akinrolabu to 3 years imprisonment for defrauding NHS of £268,000. Full details of the fraud case revealed.
Africa Receives Only 2.3% of $2.4trn Clean Energy Funds
Global renewable investment hits $2.4 trillion but sub-Saharan Africa gets only $18 billion, raising concerns about energy transition inequality. Nigeria and oil-dependent economies face urgent need to adapt.
Ukraine-Greece Energy Deal Boosts US LNG Imports
Ukraine secures vital US LNG imports through Greece's Trans-Balkan pipeline as EU plans Russian gas ban by 2027. Zelensky announces January deliveries amid ongoing energy security challenges.
30 People Pay N2.6m for Same Lagos Apartment in Scam
A Nigerian fashion designer paid N2.6 million for a Lagos apartment only to discover over 30 others were scammed for the same house. She's now seeking public help as authorities fail to act.
Zelensky overhauls Ukraine energy firms after scandal
Ukrainian President Zelensky vows complete overhaul of state energy companies after $100 million corruption scandal. Read about the resignations and reforms.
Lontor Launches New Solar Systems for Nigerian Market
Lontor High-tech has launched new solar energy storage systems and home appliances to tackle Nigeria's power challenges. Discover how these innovations aim to empower millions.
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