NEWS
First Bank Top Officials Allegedly Face Contempt Suit
Justice Peter Lifu of the Federal High Court, Lagos has fixed 25 March for the hearing of all applications in a contempt proceeding suit allegedly filed against First Bank Nigeria Limited and its three officials, by a judgment creditor, Abdulaziz M. H. Nyanko.
Others listed as alleged contemnors alongside First Bank are: its former Chairperson, Mrs. Ibukun A. Awosika; the current Managing Director, Mr. Adesola K. Adeduntan and Francis O. Shobo, the bank’s former Deputy Managing Director.Justice Lifu had on 12 January 2024, fixed the date, after taking arguments from judgment Creditor/Applicant’s counsel, Olukoya Ogungbeje, and alleged contemnors’ counsel, E. A. Okorie.
At the hearing of the suit, the judgment Creditor/Applicant, Nyanko, through his lawyer, informed the court that the business of the court was to hear the contempt application against First Bank and its officials, whom he said has continued to flagrantly disobey the garnishee Order Absolute granted by Justice M. B. Idris, now sitting as Appeal Court Judge on March 8, 2022, in suit marked FHC/L/CS/149/2019 between Abdulaziz M.H Nyako Vs Economic and Financial Crimes Commission (EFCC) and Other.
Ogungbeje told the court that the contempt suit against the First Bank and its officials was under Section 72 of the Sheriffs And Civil Process Act; Order 35 Rules 1.2 (1)(2) of the Federal High Court Civil Procedure Rules 2019; Order IX Rule 13 (2)(3) of the Judgments Enforcement Rules; Order 26 of the Federal High Court Civil Procedure Rules 2019 and under the Court’s Inherent Jurisdiction Preserved By Section 6 (6)(A)(B) of the 1999 Constitution of the. Federal Republic Of Nigeria.Ogungbeje further submitted that since contempt proceedings is a criminal in nature, the alleged contemnors must first appear before the court before any application from them can be entertained.
But counsel to First Bank and its co-alleged contemnors, Okorie, told the court that he has objections to the judgment Creditor/Applicant’s application.
Okorie told the court that his objection to the application is premised on jurisdiction, saying that the court lacks jurisdiction since an appeal has been entered.
However, Justice Lifu, after taking submissions from parties, adjourned to 25 March, for hearing of all applications in relation to the contempt suit.
The judgment Creditor/Applicant has asked the court for the following: “A declaration that the contemnors sought to be committed are bound to obey and comply with the Garnishee Order Absolute, granted on the 8th of March 2022 in Suit No: FHC/L/CS/149/2019 Between AbdulAziz M.H Nyako Vs Economic and Financial Crimes Commission (EFCC) & Ors, upon the disclosure of sufficient funds belonging to the Judgment debtors domiciled with them and in the absence of any pending positive order from this Honourable Court or Court of Appeal granting a stay of execution of the garnishee order absolute.“An order of the Court convicting and committing the 1st Contemnor herein First Bank Of Nigeria Limited for willfully and deliberately disobeying the Order of this Honourable Court made on the 8th of March 2022.
An order of the Court convicting and committing the 2nd Contemnor herein Ibukun A. Awosika to the Nigerian Correctional Services, Ikoyi for willfully and deliberately disobeying, the Order of this Honourable Court made on the 8th of March 2022“An order of the Court convicting and committing the 3rd contemnor herein Adesola K. Adeduntan to the Nigerian Correctional Services, Ikoyi service/ prison for willfully and deliberately disobeying the Order of this Honourable Court made on the 8th of March 2022
An order of the Court convicting and committing the 4th Contemnor herein Francis O. Shobo to the Nigerian Correctional Services, Ikoyi service/prison for willfully and deliberately disobeying the Order of this Honourable Court made on the 8th of March 2022“An order of the Court that all the contemnors shall remain committed and incarcerated in the Nigerian Correctional Services, Ikoyi Service/Prison Custody until they purge themselves of contempt of court.”
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NEWS
Breaking Barriers, Building Legacies: Fiona Ahmed Ahimie Launches LEADHER Mentorship Session to Inspire the Next Generation of Female leaders
Lagos, Nigeria – June 2026 – As part of activities leading up to her investiture as the 14th President of the Chartered Institute of Stockbrokers (CIS) and the first female President in the Institute’s history, Dr. Fiona Ahmed Ahimie, Managing Director of First Securities Brokers Limited, hosted the inaugural LeadHER Mentorship Session on Thursday, June 18, 2026.The session, themed “Leading with Purpose, Breaking Barriers, Building Legacy,” brought together emerging female professionals and aspiring leaders from across various industries for an engaging afternoon of mentorship, learning, and empowerment.The LeadHER Mentorship Session was designed to provide participants with practical insights into leadership, career advancement, personal development, and navigating challenges in the traditionally male-dominated sectors. Through candid conversations and shared experiences, attendees gained valuable perspectives on building successful careers while creating lasting impact within their organizations and communities.Speaking at the event, Dr. Ahimie noted that leadership is not merely about achieving personal success but about creating pathways for others to thrive.”Throughout my professional journey, I have benefited from the guidance, support, and encouragement of remarkable mentors. The LeadHER Mentorship Session is an opportunity to pay that forward by equipping and inspiring the next generation of women to pursue excellence, embrace leadership opportunities, and break barriers with confidence,” she said.The mentorship session forms part of a broader commitment to advancing female participation and leadership within Nigeria’s financial services industry and the wider corporate ecosystem. It also reflects Dr. Ahimie’s longstanding dedication to talent development, professional excellence, and inclusive leadership.The event provided a platform for meaningful dialogue, networking, and knowledge sharing.Dr. Ahimie’s investiture as President of the Chartered Institute of Stockbrokers marks a historic milestone for the Institute and the Nigerian capital market, underscoring the growing role of women in shaping the future of the financial services industry.
NEWS
Insecurity: Governor Dauda Lawal Commends Troops for Recovering Ammunitions, Rustled Cattle
Zamfara State Executive Governor, Dr Dauda Lawal has commended the troops for their efforts and commitment to the fight against banditry in the state.On Saturday, the Violence Crime Response Unit (VCRU) of the Zamfara Police Command successfully recovered 329 cattle and 175 sheep from bandits in the Gambanda forest in Gummi Local Government.Governor Lawal, while appreciating the troops, described the Zamfara State Police’s renewed efforts as encouraging and promising in the fight against banditry.He said, “I commend the effort of all the security operatives in Zamfara State, especially the Zamfara State Police Command, for its resilience, bravery and commitment in recovering 329 cattle, 175 sheep, weapons and ammunition from bandits.”The police engaged and overpowered the bandits in Gambanda forest in Gummi local government area, which led to the recovery.”This commendable action reflects their tireless work in the face of challenges posed by criminal elements and underscores the police’s role in protecting the livelihoods of the people of Zamfara State.”The remarkable display of bravery and the successful recovery of livestock and weapons highlight the strong leadership of the Commissioner of Police, CP Ahmed Muhammad Bello. His guidance has been instrumental in improving public safety and combating banditry.”My administration remains committed to providing support to all security agencies in their efforts to ensure safety and security for our people.”
NEWS
Governor Dauda Lawal Approves Payment of Allowance to NYSC Members Serving in Zamfara
The Zamfara State Government is pleased to announce that His Excellency, Governor Dauda Lawal, has approved the payment of allowances/stipends to National Youth Service Corps (NYSC) members serving in the state. The approval reflects the administration’s unwavering commitment to the welfare and wellbeing of corps members who are contributing to the development of various sectors across Zamfara State.
The approval covers corps members from Batch A Stream I and II up to Batch C Stream I and II. Through this gesture, the government recognizes and appreciates the patriotism, dedication, and selfless service being rendered by the young graduates in education, healthcare, agriculture, and other areas critical to the growth and progress of the state.
Governor Dauda Lawal has directed the Office of the Accountant General to put in place all necessary arrangements to facilitate the implementation of the approval. The government is committed to ensuring that the process is carried out smoothly and in accordance with established procedures.
The Zamfara State Government remains grateful to the NYSC members for choosing to serve in the state and for their invaluable contributions to community development.
The administration will continue to prioritize initiatives aimed at supporting corps members and creating an enabling environment that will allow them to discharge their national responsibilities effectively.
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