NewStats: 3,261,723 , 8,174,916 topics. Date: Friday, 30 May 2025 at 10:05 AM 6n1u1i

powerkey:


Did you go to school at all?

Most of you Yorubads attended night school.

Please kindly read again and again till you understand what's written before commenting.

Fubara is a confirmed Dullard.

InvertedHammer:

/
Nigerian courts have so rubbished herself that Fubara can ignore the judgment till the end of his tenure and nothing will happen. Supreme Court is no longer supreme to the government in power.

/

Obnoxiously incoherent just like Fubara.

Barrywilly:
As it stands today, Fubara faction has conceded that Mathins Amaewhule is the authentic Speaker of the Rivers St House of Assembly. This explanation is unnecessary and otiose. I think the only way out is a political solution like the case in Plateau. Let everyone sign memorandum of understanding to maintain peace. Fubara should stop being an ingrate. The Obedients are just Internet noisemakers with absolute mischievous thinking. Relying on them is a mistake.

Mumu Fubara. Ingrate.

deji17:
These guys keep repeating the same mistake.

antoeni:

Antoeni:
Heart Attack for Tinubu/APC Government
Maybe Coup Loading...........

Bunch of nonentities, Inconsequential Losers.

micflo28:
I am yet to see Peter Obi lobby anyone for coalition. When men have self-belief. Those who voted Tinubu have a chance to right their wrongs in 2027 by voting Peter the trusted one.

Remove a Yoruba president, to replace him with an ordinary Igbo man?

Only an Igbo person based on sentiments will imagine such an illusion.

kenben:
The political heavy weights who were isolated or estranged by Tinubu are regrouping to plot his defeat in 2027.

He seems to have gotten the politics all wrong by isolating them too early.

See how he mis managed his relationship with El-Rufai! Where is Fashola? Where is Fayemi? Where is Rauf? Where is Oyegun? Where is Amaechi?

His presumption that money can solve all problems will be his undoing in 2027

U things haven’t still learned?

Acekidc4:
If their meeting is about 2027, then no vacancy for them. President Tinubu will win his reelection no doubt.

I ire your strong conviction.

Righthussle:
Rivers people stand with Fubara.

Stand with the same Fubara that was single handedly chosen by Emperor Wike?

Orubebe01:
Fearless

Rant of a Maniac, na these unrepentant animal some ndigbos dey plead for?

Orubebe01:
Fearless

Energy Drink.

RZArecta:
This is a direct threat against a sitting governor.

please take note of what politics section has been turned to

Fubara is a dead man walking the plank.

His days are numbered, wail all u want.

LEGALSER:


This is nairaland, don't feel you are faceless or your identity is hidden. You guys think everything is a joke.

I repeat again, Fubara Mumu is a dead man walking the plank.

Elusive001:


You are threatening a sitting governor? I hope you are ready for what will follow.

Former Governor.

OBIDIENTNAIJA:

You're already tired aren't you. Ronu miscreants disturbing me up and down. Wailers
😜😜😜😂😂😂
I cam e from the region whose natural resources are been squandered by your Thiefnubuu thief. Get lost please
🤨🤨🤨

Which natural resources, na your ancestors plant the crude oil for ground, ordinary palm oil u no fit plant & harvest, na the one wey dey ground by nature be your own?

Joking Clown.

ogunsbanjul:
See what exactly? So you think Tinubu is the same like Obasanjo who used minority house of assembly in Oyo state to remove Ladoja. You need brain check-up walahi.

Fubara should just go and re-present the last year's budget and this year's budget before he removes himself or else he will be removed legally. Nigeria constitution state that, there must be rule of law among the 3 arms of government be it Legislative, Executive and Judiciary.
Fubara go bow las las for his political boss called Hon. Chief Barrister Nyesom Wike

Confirmed.

Theoarhics:


Dud you hear the reason for the dismissal? It is simply because Fubara withdrew the case himself.

That Fubara na confirmed Mumu.

Acekidc4:
We tell am oooo abi we no tell am🤔 we tell am Na🤭 Fubara finally in the Mud.

Bobloco & Racoon u still dey argue with your Oga for politics? .

Sirianese:


Wike worshipper, you're a complete dummy! Fubara is going nowhere!

https://nairaland.unblockandhide.com/8339235/supreme-court-dismisses-gov-fubaras

UceeGod:
This houseboy of a governor. Sacrificing your own people for personal ambition.

U want him to fabricate tales just to be please u Eyepobians?

Lanre1st:
May God keeps protecting us

Amen 🙏.

anonimi:


T-Pain's junketing with billions instead of fixing the country has yielded nothing.
The vuvuzela propaganda lies are busted again.

Very funny fix the country for lazy things that cannot help themselves because of their docile mentality.

Tinubu should come & fix Nigeria for ungrateful things?

Dey wait he is coming to your rescue Oga.

mrvitalis:
At least no one can blame igbos for this one because that's always the cheap way out

When you have a failed government with weak international diplomacy policy this is what you get

Eyepobian did u read the reason that Saudi Arabia gave?

TheAlertNewsNg:



Cool Financial Services, a Lagos State-based finance house, has sued First City Monument Bank (FCMB) for allowing Goewe and Sons Ltd., one of its borrowers, to withdraw a N150 million loan sum from an with an active freezing instruction.

Goewe and Sons Ltd. is a merchandise company owned by Ewere Godwin Orobosa. In July 2023, the company first approached the finance house for a N100 million loan at a 3.5% interest rate for a duration of 30 days.

Again, in September 2023, the company obtained an additional loan of N50 million at an interest rate of 1.5% for a month, bringing the entire loan to N150 million.

The borrower intended to pursue a contract and needed to have the said amount in its bank , but the loan was not to be used to execute the potential contract.

Both Goewe and Sons Ltd. and Cool Financial Services then instructed FCMB to freeze the loan so that the loan sum could remain untouched for the period of the transaction, according to a loan agreement dated September 18, 2023.

The borrower had earlier written to the bank to alter its mandate through a board resolution dated September 15, 2023. The borrower appointed Ewere-Egharevba Orobosa, representing the borrower, and Roseline Anibueze, representing the lender, as ‘Category A’ signatories to the .

The directive further specifically stated that the representative of the lender shall have the power to authorise any withdrawal below N150 million from the while any withdrawal exceeding that amount shall be tly authorised by the two signatories.

“Those measures were put in place to guarantee compliance with the and conditions of the loan facility,” Oluwafemi Adediran, head of the legal unit at the finance house, told FIJ on Wednesday.

After the loan duration expired, the lender wanted to withdraw it. So, on October 23, 2023, the finance house presented a transfer cheque at the Chevron branch of FCMB in Lagos confident that the money was intact. But the cheque was dishonoured and the bank revealed that the borrower had already withdrawn the loan.

“Upon our investigations and findings, we became aware albeit shocked that you disregarded the lien on the and processed a loan of N150,000,000 (one hundred and fifty million naira) on the back of the restricted facility meant only as proof of funds. What is more, we are alarmed not only by this act but by the temerity and obviously premeditated criminal falsification of the signatures of the representatives of our client as signatory ‘A’ before the consummation of the unauthorised mindless transaction,” Justice John, a legal practitioner, wrote to a business manager at Sanusi Fafunwa Branch of FCMB and the FCMB managing director on behalf of the lender on September 26, 2023 and October 26 respectively.

On October 25, 2023, the lender visited the Sanusi Fafunwa Branch. There, Chukwuma Chukwuka and Isiaq Babatunde, both officials of the bank, appealed for a cure period of 72 hours to remedy the situation. An additional 48 hours was given to the bank to sort out the issue internally, according to a November 2023 court filing signed by Anibueze.

Those cure periods were not adhered to. On October 31, FCMB through Tosin Talabi and Akin Akintola, both legal counsel and head of litigation for the bank, said it had commenced an investigation into the issue.

“In accordance with our internal procedure, we have commenced investigations into the issues raised in your letter under reference and shall revert to you shortly with the bank’s position once the investigation (sic) is concluded,” the legal counsel wrote.

“At the time we went to the bank to how the money was withdrawn, we found out that the freezing instruction was still active on the . We observed that our director’s signature was forged to make the withdrawal. The question the bank has not answered is, ‘How was it possible to withdraw money from an with an active no-withdraw order?’”

More than a year after the letter referenced above, the bank was yet to reveal the findings of its investigation.

SEEKING REDRESS THROUGH COURT
In November 2023, the lender filed a suit marked FHC/2377/2023 before a Federal High Court in Lagos seeking to recover losses it had incurred as a result of what it considered “a criminal conspiracy”.

Sued in the lawsuit were FCMB as the first defendant, the borrower as the second defendant and the Central Bank of Nigeria (CBN), FCMB’s regulator, as the third defendant.

“A declaration that the action of the 1st defendant amounts to breach of fiduciary duties owed to the plaintiff,” the first leg of the relief read.

“An order directing the 1st defendant to immediately pay the plaintiff its capital in the sum of N150,000,000 (One Hundred and Fifty Million Naira Only) with (an) interest rate of 21% per annum or at the prevailing Central Bank of Nigeria’s rate from October 23, 2023, when the plaintiff’s transfer request was dishonoured by the 1st defendant despite the plaintiff’s being funded; and without any satisfactory explanation by the 1st defendant to the plaintiff.

“General damages in the sum of N250,000,000 (Two Hundred and Fifty Million Naira Only) against the 1st defendant for the economic loss, embarrassment and financial exposures suffered by the plaintiff as a result of the devastating action of the 1st defendant, bearing in mind that the plaintiff is in the business of loans and SMEs financing.

“An order of this honourable court directing the 1st defendant to pay interest on the judgment sums at the rate of 21% per annum or at the prevailing Central Bank of Nigeria’s rate, from the commencement of this suit till the date of judgment, and 14% per annum from the delivery of judgment till liquidation of the entire judgment sum to the plaintiff.

“An order of this honourable court directing the 3rd defendant to enforce compliance of the 1st defendant by drawing from the deposits of the 1st defendant in its care to settle all monetary sums and liabilities thereof by the 1st defendant herein in the event that the 1st defendant is unable to pay same.

“The cost of this action in the sum of N5,000,000 (Five Million Naira).”

The court has not fixed a hearing date for the case. At press time, FIJ learnt that FCMB had not filed any response to the lender’s filings.

FCMB had not responded to a request for comments at press time. On January 15, Rafiu Muhammed, a corporate affairs and media management officer at the bank, acknowledged FIJ’s email on the phone and promised that the bank would investigate and respond soon.

When asked to be specific when the bank would respond, Muhammed said, “I don’t want to give you an unrealistic time. But we will investigate and respond very soon.”

FIJ sent him a reminder on January 24 and Muhammed responded, “Give us till next week.”

FIJ called him again on Wednesday and Muhammed requested one more week. “We will try to expedite our investigation. Give us till next week,” he repeated.

THE BORROWER’S RESPONSE
In the court documents, the lender accused the borrower of falsifying Anibueze’s signature and conspiring with the bank to withdraw the money.

On January 15, FIJ ed Godwin Ewere, the director of the borrower, for his comments. He denied falsifying any signature, stating that he had defrayed the loan and was no longer indebted to the lender.

“The loan obtained from Cool Financial Services has been fully paid and liquidated. We no longer owe Cool Financial Services. No signature was forged whatsoever,” Ewere said, adding that he also wanted to sue FCMB.

“I don’t want to say anything, because I want to sue FCMB.

“I am ready to meet them in court. I still see my name on (the) credit bureau that I am owing them [the lender]. They are saying over N20 million, which I don’t understand.”

Ewere showed FIJ a harmonised document containing a series of cheques he issued in the name of the lender.

When FIJ relayed Ewere’s response to the lender’s head of legal unit, he said it was a lie. He maintained that the borrower defaulted in repaying the loan and also withdrew the money illegally.














https://www.thenewsalert.com.ng/2025/02/fcmb-embroiled-in-n150-million-dispute.html


Copy: TheVision

Interesting.

adenigga:

Gbemisola, the elder sister of Nigerian controversial musician, Portable, has claimed that her embattled brother is under the spiritual spell of one of their family .

Gbemisola made this claim following the singer’s ongoing legal battle with the Ogun state government.

DAILY POST reports that the Ogun state government on Thursday arraigned Portable who is currently at large for assaulting the officials from the Ministry of Physical Planning and Urban Development.

He was arraigned with nine of his associates before Abeokuta Magistrates’ Court by the state police command.

However, speaking from his hide-out, the singer pleaded with the government to release his associates from detention, stating that he is being “set-up by some certain individuals”.

Why challenging the officers to provide video evidence of the alleged assault, Portable further warned that he might take his own life following the overwhelming frustration caused by the situation.

Reacting to the development in a viral video circulating on X, Portable’s sister apologised for his controversial actions, alleging that a family member is spiritually influencing the singer.

“People of Nigeria, I greet you all. I’m Portable’s eldest sister, the first child of his mother. We are just three that our mother gave birth to.

“Portable has never steal before. I have never come out like this to speak, and he hasn’t even posted me despite being his sister. But he is the only one taking care of the family. If not for him, I would have died during my sickness.

“One of our family , Akeem is the one casting spell on Portable, he is the one spiritually influencing Portable to misbehave and offend Nigerians.”

Source: https://dailypost.ng/Portable-is-under-spiritual-spell-of-family’s-member’-Singer’s-sister-claims

A very foolish Thing, u live in Ogun State, & you had the audacity to publicly call Pastor Adeboye a Liar?

No pity for the foolish, u better remain in your hideout for as long as you can, or you cross the border, from there u can find your way to Europe or Yankee since you have those visas.

Mumu how u wan border, wey immigration no go recognize u as a wanted person?

AndroBlaze:


Uncle, google is your friend if you know nothing about your country.

Benue borders 2 South Eastern states and 1 South South state....of all the northern states, Benue is probably the least Northern and shares a lot of culture with Igbos and SS.

No patriotic Nigerian that is not a thief or a politician will ask for more states when we see clearly what the massive amount of career politicians are doing to us and costing us....just more waste to give some useless people more chances to steal and impoverish the vast 200 million of us.

Don’t mind the mumus shouting state creation, Mumus please laws to stop this menace of kidnapping, it is state creation these mumus are talking about?

Demons.

JADEK04:
If south east doesn't need new state ,we need it in south west..expecially, ijebu, okun,and oke ogun/ogbomoso
.d suffering is too much...many new tow nd cities will experience development, more opportunities, more job...but Nigeria are too daft or play ethnics on matter that matter most ...

You need efficient local government istration not chasing shadows of imaginary state creation.

If that money used to create a new state is spent on what u already have for social & economic development?

AndroBlaze:
Nigerians are just noisemakers and wasteful people.

Why not take one state from the North and add it to the South to balance the equation as 18+ 18.....are you telling me with all the so called professors we have someone cannot suggest something like adding Benue state to SE and pulling Adamawa from NW back to middlebelt.....we are just a country populated with empty vessels.

Waste of time, these so called politicians have started playing the gullible masses again.

One single local government the House of Assembly will not create, let alone a state, what a joke, truly they are jobless things entertaining their gullible constituents.

Creamypie:
pls cut from east to make it 6 simple. Them cut Delta and Edo from Bendel. Niger state alone is bigger than the whole 5 eastern states. Make them cut am too nah. Delta na Midwest by referendum vote in 1963. Na Ned nwoko start this nonsense see finish. 2027 he will be political orphan.

Even 1 local government dey will not create, the press must promote nonsense news to survive.

Ned Nwoko is a wise man, he has seen the light that APC is definitely in power till 2031.

Typing:



No. It's the same Atiku, who's Northern Brother is the ruling over millions of Yoruba people in Ilorin as their Emir.

Emir wey APC Governor go remove with one signature, ruling who?

Who is the emir of Kano Bayero or Sanusi?

Your tribalism will not even allow for you to reason properly again.

Without tribalism as faceless cowards on social media, you cannot exist.