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Court Jails Fake BDC Operator in Maiduguri
Justice A.K Dagat of the Federal High Court, Maiduguri on Thursday, May 9, 2024, convicted and sentenced one Bana Alhaji Lawan to one year imprisonment.
Lawan was arraigned by the Maiduguri Zonal Command of the Economic and Financial Crimes Commission, EFCC, on a one count charge for carrying out bureau de change businesses without an appropriate licence.
The lone- count read: “That you, Bana Alhaji Lawan between 2007 and 2024, in Maiduguri, Borno State within the jurisdiction of this Honourable Court, did carry on other financial business, to wit bureau de change business without a license issued by Central Bank of Nigeria contrary to Sections 57(5) and 59 of the Bank and other Financial Institutions Act, 2020.”
The defendant pleaded guilty to the charge when it was read to him.
Counsels to the prosecution, Faruku Muhammad and A. D Aliyu prayed the court to convict and sentence the defendant as charged while counsel to the defendant, H. Waziri urged the court to temper justice with mercy.
Justice Dagat convicted and sentenced Lawan to one-year imprisonment with an option of N100,000.00 (One Hundred Thousand Naira) fine.
Lawan bagged his imprisonment when he was arrested for illegally operating a bureau de change business in Maiduguri. He was charged to court and convicted.
Visit www.efcc.gov.ng for more stories
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Abuja hotel collapse: Wike orders arrest of owner, to convert land to public use
The Minister of the Federal Capital Territory, Nyesom Wike, has ordered the immediate arrest of the owner of a multi-story hotel that collapsed in Jikwoyi, Abuja last Friday, April 4 and announced that the land would be seized for public use.
LIB had reported that the building crumbled while workers were on site, triggering an emergency response from relevant authorities.
Visiting the site today April 7, Wike said the building was constructed without approval from the FCT Department of Development Control and that all the stop-work notices sent to the builders were ignored by the developer.
Wike confirmed that while there were no fatalities, several people sustained injuries and were taken to the hospital. He warned that the outcome could have been far worse.
Announcing the government’s plans for the land, Wike said the FCT Administration will take over the land for public use, noting that those responsible for the illegal construction will face prosecution in accordance with the law.
He added that the local community would be consulted to determine a suitable public-purpose project for the reclaimed site.
Trending
Ex-INEC Chairman Prof. Attahiru Jega Loses Wife
Hajiya Hadiza Attahiru Jega, wife of former Independent National Electoral Commission (INEC) Chairman, Attahiru Jega, has passed away.
Her family confirmed the development in a statement issued on Sunday, April 5, 2026, announcing that her Janaiza prayer would be held after the Zuhr prayer at 1:30 p.m. at the National Mosque Abuja.
Trending
Local Government Chairman Slumps And D!es Four Days After D3ath Of His Wife (Photos)
Former chairman of Konshisha Local Government Area of Benue State, Hon Moses Shirsha, has d!ed four days after the d3ath of his wife, Mercy Mngu.
It was gathered that his wife suddenly passed away on March 25, 2026.
On March 29, Moses slumped and d!ed in the village when he travelled for burial arrangements of his wife.
The couple will both be laid to rest on the same day, Friday 10th April 2026 in Mbaasuku, Mbator Gaav, Konshisha LG.

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