Trending News: US imposes 12.5% tariff on Nigerian imports over forced labour claimsArmy hunts soldier over alleged sale of uniforms to terroristsEnugu Air plane with 68 passengers skids off runway at Benin airportReps Pass State Police Bill As Opposition Lawmakers Stage WalkoutCourt Sentences Suspects In Oriire Abduction To Life ImprisonmentTinubu Approves 12 Divisions For Nigerian Army, Recruitment Of 28,000 PersonnelTrump commends TinubuPFIPC: ‘We rejected 3 requests by Adeyemi to host summit’ – Foreign Affairs MinisterTwo Nigerians jailed seven years for armed robbery in Kuwait17 states to experience flooding from July 21 to 27 — ReportWe Didn’t Allocate Office Space Or Deploy Staff To ‘PFIPC’, Says Head Of ServiceTwo Accounts Opened For ‘PFIPC’ Recorded Zero Inflows, Remittances – CBN DirectorCBN Retains Interest Rate At 26.5%, Raises Concerns Over Heightened ‘Global Uncertainties’EFCC: Immigration CG not under investigation over visa fraud allegations160,000 flee South Africa over anti-migrant unrest – ReportGunmen kill four herders, set two houses ablaze in AnambraNSCDC uncovers fake university in Lagos, rescues 106 studentsFACT-CHECK: No! It’s not true that no Manchester United midfielder has lifted World CupRainstorm kills 4, destroys school, hospital in SokotoThunderstorm Strikes Six Dead In Adamawa State – PoliceICPC grills Gbajabiamila over PFIPC scandalOriire teachers were beheaded to force release of Ansaru commanders — DSSCourt Jails Two Ansaru Commanders For Life Over TerrorismAlleged Money Laundering: Court Grants Ex-Warri Refinery MD Yisawu ₦500m BailCourt grants Miyetti Allah president N2bn bail in ‘$2.63m money laundering’ trialAndy Burnham becomes UK prime ministerPolice arrest four cops for extorting ICPC chairman of N53,000 in AbujaPFIPC: How fake agency got smuggled into budget — AdeniyiUN: Terrorists in Nigeria using drones, crypto to boost operationsOne dies, 39 missing after boat carrying farmers capsizes in NigeriaNBA elects Badejo-Okusanya president amid technical glitches, protestsTerrorists released us before soldiers took us home – Rescued Oyo teacherCourt orders final forfeiture of N941m ‘linked to ghost workers on IPPIS platform’Benue: Gunmen abduct 3 siblings conveying mother’s corpse homeIran Threatens ‘Unforgettable Lessons’, As Two US Troops KilledFG warns of fake ₦50,000 allowance registration scamUS-Iran fighting escalates with infrastructure targetedFull List: US places 23 countries on highest ‘Do Not Travel’ alertCourt sentences two men to death by hanging over rape, murder of teenage girl in AnambraTwo Nigerians, one other jailed in UK for £4m crypto fraudSupreme court affirms final forfeiture of properties, $2m linked to EmefieleAndy Burnham elected new Labour leader, to succeed Starmer as UK PMEXTRA: I spent money campaigning for Obi, he never appreciated me – Isaac FayoseFG arraigns three over Oyo schoolchildren, teachers’ abductionNDLEA declares suspected drug kingpin, 3 associates wanted, freezes N9.8bnFG renames Lagos-Calabar Coastal Highway after TinubuIPC’s Arogundade elected to IFEX global councilCourt bars FRSC from operating on state, LG roadsBandits kill vigilante leader in KatsinaSecurity operatives rescue four abducted in Kogi school attackAppeal court dismisses judgment nullifying INEC deadlines for 2027 electionsGbaja sues PFIPC’s Adeniyi Adeyemi for N15bn over alleged defamationCourt forfeits Achimugu’s N8.9bn assets to FGTrump limits foreign students to four-year US stayPolice arrest Asaba content creator over alleged rapeUS, Iran trade fresh strikes as Hormuz conflict escalatesUS reps pass bill to withhold all assistance to Nigeria until terror attacks are addressedSix killed as gas truck explodes at Kogi Army checkpointCourt orders final forfeiture of 48 property linked to ex-AGF MalamiPolice constable recruitment: PSC releases names of 50,000 successful candidatesCourt grants ex-CCT chairman Danladi N100m bail in ‘corruption’ trialNigeria’s inflation rate drops slightly to 15.91%Senate approves ₦50m for families of security personnel, teachers killed in Oyo rescue operationGunmen abduct principal, four students writing NECO exam in KogiNigerian priest in US dies by suicideWe’ll report ‘fake’ DG’s arrest to Trump gov’t – Atiku-linked US firmPolice confirm arrest of ‘fake’ agency DG Adeyemi in OsunTrump Backtracks On Plan To Toll Hormuz ShipsCourt orders arrest of ‘Fake’ agency DG, AdeniyiBeheaded body found at UNIJOS permanent site, head missingReps Drop Own State Police Bill, Considers Tinubu’s Proposal‘We will strike powerfully if you attack us’ – Israel’s Netanyahu tells IranUS strikes Iran, vows to reimpose naval blockadeCourt sentences man to 20 years in prison for concealing information about notorious banditNo immigrant should stay in UK forever, Kemi Badenoch tells LabourPro-Atiku US lobbying firm offers to help Adeniyi Adeyemi seek asylum over PFIPC scandalAppeal court affirms judgment barring INEC from recognising ADC state congressesUS could take over Strait of Hormuz, seek payment for security – TrumpRescued Oyo school principal breaks silence over killing of teachersBlogger Arraigned Over Alleged False Reports On Soludo’s FamilyFake agency DG says his life in dangerFG suspends planned increase in WAEC, NECO registration feesTroops kill ISWAP cameraman, identify Palestinian terrorist trainer, Moroccan doctor in Borno forestFormer Minister Nnaji Pleads Not Guilty To Certificate Forgery ChargesPolice arrest two Nigerians over murder of compatriot in GhanaGunmen kidnap 60-year-old Oyo headmaster, demand N30m ransomOver 27 people killed Benue, Plateau attacksNotorious bandit kingpin Sani Yellow killed in ZamfaraLeadership Is the Missing Ingredient in Police ReformIran closes Strait of Hormuz, launches fresh strikes on US bases in Middle EastSERAP sues INEC over claims APC govs diverted N800bn for campaignNDLEA arrests South African woman with heroin at Abuja airportThree Mexicans, seven others remanded over N480bn meth labEXTRA: US will decimate Iran if I’m assassinated, says TrumpTokyo police arrest Nigerian for toutingHow 44 abducted Oyo pupils, teachers were rescued – ArmyOyo abduction: Eight kidnappers arrested, others killed, says PresidencyAll kidnapped Ogbomoso pupils, teachers rescued — OfficialCourt grants N200m bail to female executive arraigned by EFCC for laundering $600,000Tinubu retains Shettima as running mate for 2027, submits APC nomination forms
Fri. Jul 24th, 2026
Trending News: US imposes 12.5% tariff on Nigerian imports over forced labour claimsArmy hunts soldier over alleged sale of uniforms to terroristsEnugu Air plane with 68 passengers skids off runway at Benin airportReps Pass State Police Bill As Opposition Lawmakers Stage WalkoutCourt Sentences Suspects In Oriire Abduction To Life ImprisonmentTinubu Approves 12 Divisions For Nigerian Army, Recruitment Of 28,000 PersonnelTrump commends TinubuPFIPC: ‘We rejected 3 requests by Adeyemi to host summit’ – Foreign Affairs MinisterTwo Nigerians jailed seven years for armed robbery in Kuwait17 states to experience flooding from July 21 to 27 — ReportWe Didn’t Allocate Office Space Or Deploy Staff To ‘PFIPC’, Says Head Of ServiceTwo Accounts Opened For ‘PFIPC’ Recorded Zero Inflows, Remittances – CBN DirectorCBN Retains Interest Rate At 26.5%, Raises Concerns Over Heightened ‘Global Uncertainties’EFCC: Immigration CG not under investigation over visa fraud allegations160,000 flee South Africa over anti-migrant unrest – ReportGunmen kill four herders, set two houses ablaze in AnambraNSCDC uncovers fake university in Lagos, rescues 106 studentsFACT-CHECK: No! It’s not true that no Manchester United midfielder has lifted World CupRainstorm kills 4, destroys school, hospital in SokotoThunderstorm Strikes Six Dead In Adamawa State – PoliceICPC grills Gbajabiamila over PFIPC scandalOriire teachers were beheaded to force release of Ansaru commanders — DSSCourt Jails Two Ansaru Commanders For Life Over TerrorismAlleged Money Laundering: Court Grants Ex-Warri Refinery MD Yisawu ₦500m BailCourt grants Miyetti Allah president N2bn bail in ‘$2.63m money laundering’ trialAndy Burnham becomes UK prime ministerPolice arrest four cops for extorting ICPC chairman of N53,000 in AbujaPFIPC: How fake agency got smuggled into budget — AdeniyiUN: Terrorists in Nigeria using drones, crypto to boost operationsOne dies, 39 missing after boat carrying farmers capsizes in NigeriaNBA elects Badejo-Okusanya president amid technical glitches, protestsTerrorists released us before soldiers took us home – Rescued Oyo teacherCourt orders final forfeiture of N941m ‘linked to ghost workers on IPPIS platform’Benue: Gunmen abduct 3 siblings conveying mother’s corpse homeIran Threatens ‘Unforgettable Lessons’, As Two US Troops KilledFG warns of fake ₦50,000 allowance registration scamUS-Iran fighting escalates with infrastructure targetedFull List: US places 23 countries on highest ‘Do Not Travel’ alertCourt sentences two men to death by hanging over rape, murder of teenage girl in AnambraTwo Nigerians, one other jailed in UK for £4m crypto fraudSupreme court affirms final forfeiture of properties, $2m linked to EmefieleAndy Burnham elected new Labour leader, to succeed Starmer as UK PMEXTRA: I spent money campaigning for Obi, he never appreciated me – Isaac FayoseFG arraigns three over Oyo schoolchildren, teachers’ abductionNDLEA declares suspected drug kingpin, 3 associates wanted, freezes N9.8bnFG renames Lagos-Calabar Coastal Highway after TinubuIPC’s Arogundade elected to IFEX global councilCourt bars FRSC from operating on state, LG roadsBandits kill vigilante leader in KatsinaSecurity operatives rescue four abducted in Kogi school attackAppeal court dismisses judgment nullifying INEC deadlines for 2027 electionsGbaja sues PFIPC’s Adeniyi Adeyemi for N15bn over alleged defamationCourt forfeits Achimugu’s N8.9bn assets to FGTrump limits foreign students to four-year US stayPolice arrest Asaba content creator over alleged rapeUS, Iran trade fresh strikes as Hormuz conflict escalatesUS reps pass bill to withhold all assistance to Nigeria until terror attacks are addressedSix killed as gas truck explodes at Kogi Army checkpointCourt orders final forfeiture of 48 property linked to ex-AGF MalamiPolice constable recruitment: PSC releases names of 50,000 successful candidatesCourt grants ex-CCT chairman Danladi N100m bail in ‘corruption’ trialNigeria’s inflation rate drops slightly to 15.91%Senate approves ₦50m for families of security personnel, teachers killed in Oyo rescue operationGunmen abduct principal, four students writing NECO exam in KogiNigerian priest in US dies by suicideWe’ll report ‘fake’ DG’s arrest to Trump gov’t – Atiku-linked US firmPolice confirm arrest of ‘fake’ agency DG Adeyemi in OsunTrump Backtracks On Plan To Toll Hormuz ShipsCourt orders arrest of ‘Fake’ agency DG, AdeniyiBeheaded body found at UNIJOS permanent site, head missingReps Drop Own State Police Bill, Considers Tinubu’s Proposal‘We will strike powerfully if you attack us’ – Israel’s Netanyahu tells IranUS strikes Iran, vows to reimpose naval blockadeCourt sentences man to 20 years in prison for concealing information about notorious banditNo immigrant should stay in UK forever, Kemi Badenoch tells LabourPro-Atiku US lobbying firm offers to help Adeniyi Adeyemi seek asylum over PFIPC scandalAppeal court affirms judgment barring INEC from recognising ADC state congressesUS could take over Strait of Hormuz, seek payment for security – TrumpRescued Oyo school principal breaks silence over killing of teachersBlogger Arraigned Over Alleged False Reports On Soludo’s FamilyFake agency DG says his life in dangerFG suspends planned increase in WAEC, NECO registration feesTroops kill ISWAP cameraman, identify Palestinian terrorist trainer, Moroccan doctor in Borno forestFormer Minister Nnaji Pleads Not Guilty To Certificate Forgery ChargesPolice arrest two Nigerians over murder of compatriot in GhanaGunmen kidnap 60-year-old Oyo headmaster, demand N30m ransomOver 27 people killed Benue, Plateau attacksNotorious bandit kingpin Sani Yellow killed in ZamfaraLeadership Is the Missing Ingredient in Police ReformIran closes Strait of Hormuz, launches fresh strikes on US bases in Middle EastSERAP sues INEC over claims APC govs diverted N800bn for campaignNDLEA arrests South African woman with heroin at Abuja airportThree Mexicans, seven others remanded over N480bn meth labEXTRA: US will decimate Iran if I’m assassinated, says TrumpTokyo police arrest Nigerian for toutingHow 44 abducted Oyo pupils, teachers were rescued – ArmyOyo abduction: Eight kidnappers arrested, others killed, says PresidencyAll kidnapped Ogbomoso pupils, teachers rescued — OfficialCourt grants N200m bail to female executive arraigned by EFCC for laundering $600,000Tinubu retains Shettima as running mate for 2027, submits APC nomination forms
Fri. Jul 24th, 2026

Alleged N76bn fraud: Court grants ex-AMCON MD, others N20m bail

Justice Mojisola Dada of an Ikeja Special Offences Court on Monday granted N20m, bail to former Managing Director of Assets Management Corporation of Nigeria, Ahmed Kuru, and four other defendants standing trial for alleged Arik Airline N76 bn and $31.5m fraud.

Other defendants in the trial are the former Receiver Manager of Arik Airline Ltd, Kamilu Omokide, Chief Executive Officer of the airline, Captain Roy Ilegbodu, Union Bank and Super Bravo Ltd.

Justice Dada granted the defendants bail in the sum of N20m, with one surety each after taking arguments for bail by their respective lawyers.

Detail later…

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