Investogist
No Result
View All Result
Thursday, May 14, 2026
  • News
    • All
    • Africa
    • Nigeria
    • World
    EFCC Arrests Energy Commission DG Mustapha Abdullahi Over Alleged N500bn Money Laundering

    EFCC Arrests Energy Commission DG Mustapha Abdullahi Over Alleged N500bn Money Laundering

    Ex-Power Minister Saleh Mamman Sentenced to 75 Years in Prison

    Ex-Power Minister Saleh Mamman Sentenced to 75 Years in Prison

    JAMB UTME No Longer Required for NCE Programmes — FG

    JAMB UTME No Longer Required for NCE Programmes — FG

    EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

    EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

    Ecobank to Raise Fresh Capital Through New Tier 2 Nature Notes

    Ecobank to Raise Fresh Capital Through New Tier 2 Nature Notes

    Senate Confirms Joseph Olasunkanmi Tegbe as Nigeria’s New Minister of Power

    Senate Confirms Joseph Olasunkanmi Tegbe as Nigeria’s New Minister of Power

    No Hantavirus Cases in Nigeria Amid MV Hondius Outbreak — NCDC

    No Hantavirus Cases in Nigeria Amid MV Hondius Outbreak — NCDC

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Access Bank UK set to acquire Mauritius  AfrAsia Bank

    Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Deep Capital Approves Capital Increase, Restructuring Plnn

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Targets Kenya for $17 Billion East Africa Oil Refinery

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Ikeja Hotels Plc Declares 3 Kobo Interim Dividend for Q1 2026

    Ikeja Hotels Plc Declares 3 Kobo Interim Dividend for Q1 2026

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Reveals Plans to Build 20,000MW Power Plant

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    Airtel Africa Announces Total Voting Rights and Share Capital

    Airtel Africa Announces Total Voting Rights and Share Capital

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    EFCC Arrests Energy Commission DG Mustapha Abdullahi Over Alleged N500bn Money Laundering

    EFCC Arrests Energy Commission DG Mustapha Abdullahi Over Alleged N500bn Money Laundering

    Ex-Power Minister Saleh Mamman Sentenced to 75 Years in Prison

    Ex-Power Minister Saleh Mamman Sentenced to 75 Years in Prison

    JAMB UTME No Longer Required for NCE Programmes — FG

    JAMB UTME No Longer Required for NCE Programmes — FG

    EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

    EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

    Ecobank to Raise Fresh Capital Through New Tier 2 Nature Notes

    Ecobank to Raise Fresh Capital Through New Tier 2 Nature Notes

    Senate Confirms Joseph Olasunkanmi Tegbe as Nigeria’s New Minister of Power

    Senate Confirms Joseph Olasunkanmi Tegbe as Nigeria’s New Minister of Power

    No Hantavirus Cases in Nigeria Amid MV Hondius Outbreak — NCDC

    No Hantavirus Cases in Nigeria Amid MV Hondius Outbreak — NCDC

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Access Bank UK set to acquire Mauritius  AfrAsia Bank

    Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Deep Capital Approves Capital Increase, Restructuring Plnn

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Targets Kenya for $17 Billion East Africa Oil Refinery

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Ikeja Hotels Plc Declares 3 Kobo Interim Dividend for Q1 2026

    Ikeja Hotels Plc Declares 3 Kobo Interim Dividend for Q1 2026

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Reveals Plans to Build 20,000MW Power Plant

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    Airtel Africa Announces Total Voting Rights and Share Capital

    Airtel Africa Announces Total Voting Rights and Share Capital

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home News

Contempt: Court jails Bawa, EFCC chairman

Wednesday, 9 November 2022, 9:11 am
in News, Nigeria
0
FG agrees to pay $496 million as settlement claim for Ajaokuta Steel, others
Share Share Share Share Send as Email

Abdulrasheed Bawa, the Chairman of the Economic and Financial Crimes Commission, EFCC, has been convicted by an FCT High Court for his agency’s failure to comply with an earlier order of the court.

Bawa’s conviction follows the failure of the EFCC to comply with a court order asking it to return a Range Rover and the sum of N40 million to the applicant in a suit.

In her ruling, Justice Chizoba Oji held that the anti-crime Commission boss has committed contempt of the orders of the court made on November 21, 2018.

Ojuawo had in a suit filed by his lawyer, R.N. Ojabo, argued that the EFCC refused to comply with the order for the release of his seized property, made by the court in a judgment delivered on November 21, 2018.

“Having continued wilfully in disobedience to the order of this court, he should be committed to prison at Kuje Correctional Centre for his disobedience, and continued disobedience of the said order of court made on November 21st, 2018, until he purges himself of the contempt,” the court ordered.

The judge also directed the Inspector General of Police, Usman Baba to ensure compliance with the court order forthwith.

In his reaction, Bawa said that an appeal had been filed.

“Well, we have appealed against it, so we will allow the natural course of law to take its effect,” Bawa said.

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

Related Posts:

  • Senator Nwaoboshi
    Money laundering: Appeal Court jails Senator…
  • Tinubu suspend Bawa
    Breaking: President Tinubu suspends EFCC Chairman…
  • Magu
    EFCC Acting Chairman Ibrahim Magu not arrested - DSS
  • Matawalle
    EFCC has not declared Matawalle wanted - EFCC statement
Previous Post

Naira appreciates to N800 against the dollar at the parallel market

Next Post

FGN Savings Bond for November opens for subscription, rates continue to rise

Next Post
FGN Savings Bond rates continue to rise in October

FGN Savings Bond for November opens for subscription, rates continue to rise

Please login to join discussion
  • Trending
  • Comments
  • Latest
CBN Revises Timeline for Resolving Failed ATM, PoS and Web Transactions.

CBN Revises Timeline for Resolving Failed ATM, PoS and Web Transactions.

Tokyo 2020 Paralympics Medal Table

Tokyo 2020 Paralympics Medal Table

MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

Ex-Power Minister Saleh Mamman Sentenced to 75 Years in Prison

Ex-Power Minister Saleh Mamman Sentenced to 75 Years in Prison

EFCC Arrests Energy Commission DG Mustapha Abdullahi Over Alleged N500bn Money Laundering

EFCC Arrests Energy Commission DG Mustapha Abdullahi Over Alleged N500bn Money Laundering

Ex-Power Minister Saleh Mamman Sentenced to 75 Years in Prison

Ex-Power Minister Saleh Mamman Sentenced to 75 Years in Prison

JAMB UTME No Longer Required for NCE Programmes — FG

JAMB UTME No Longer Required for NCE Programmes — FG

Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

Dangote Targets Kenya for $17 Billion East Africa Oil Refinery

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2026 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved