News
Supreme Court revokes bail granted Fred Ajudua in alleged $1.04m fraud case
The Supreme Court has ordered that Lagos socialite, Fred Ajudua should be returned to prison custody preparatory to the resumption of his trial in relation to a $1,043,000 fraud case brought against him by the Economic and Financial Crimes Commission, EFCC.
A five-member panel of the apex court issued the order in a unanimous judgment delivered on Friday in an appeal, marked: SC/CR/51/2019 filed in the name of the Federal Republic of Nigeria, FRN, by the EFCC, with Ajudua as the sole respondent.
In the lead judgment by Justice Chioma Nwosu-Iheme, the apex court revoked the bail granted to Ajudua by the Court of Appeal in Lagos in a judgment delivered on December 10, 2018.
Justice Nwosu-Iheme held that the Court of Appeal had no jurisdiction to grant the bail it granted Ajudua in the December 10, 2018 judgment having found incompetent the brief of argument filed in Ajudua’s appeal against a July 5, 2018 ruling by Justice Mojisola Dada of the HIgh of Lagos State, Ikeja, rejecting his request for pre-trial bail.
The judge further held that, having found that Ajudua’s brief of argument was incompetent and proceeded to strike it out, the Court of Appeal was wrong to have still considered the incompetent brief and granted the appellant’s prayer for pre-trial bail.
She said: “It is crystal clear that the lower court was on all fours with the law when it declared the appellant’s brief of argument incompetent and struck it out.
“At that point, the appellant’s (Ajudua’s) appeal was extinguished. There was therefore, nothing more to consider in that appeal. The lower court, at that point, had no jurisdiction to proceed further. It had become functus officio.”
Justice Nwosu-Iheme held that the action of the lower court, in proceeding to consider the arguments canvassed in the brief of argument it earlier found to be incompetent, was an exercise in futility and a complete nullity.
She added: “Since the lower court had no jurisdiction to consider other issues canvassed in the brief of argument, which it had declared incompetent and struck out, it would amount to an academic exercise to delve into any other issue in the appeal.
Business
Dangote to Uzodimma: Just show me where to invest
By Emmanuel Iheaka, OWERRI
The President of Dangote Group, Aliko Dangote has assured Governor Hope Uzodimma of Imo State that his group will be one of the biggest investors in the state.
Dangote gave the assurance at the opening session of the Imo Economic Summit 2025 in Owerri on Thursday.
The renowned Africa’s industrialist urged Uzodimma to indicate his preferred area of investment and forget the rest.
Dangote described the Imo governor as a personal friend of decades and commended him for providing enabling environment for investment.
“We will be one of your biggest investors in Imo. So, please tell me the area to invest and we will invest”, Dangote declared.
He called on entrepreneurs to always invest at home, adding that foreigners cannot drive the economy of any nation more than the nationals.
“What attracts foreign investors is a domestic investor. Africa has about 30 percent of the world’s minerals. We are blessed,” he submitted.
Dangote reiterated that his refinery was set to launch 1.4 million barrels per day capacity, the highest for any single refinery in the world.
News
Judge rejects Nnamdi Kanu’s brother court appearance
Justice James Omotosho of the Federal High Court in Abuja on Thursday declined to accept Prince Emmanuel Kanu’s appearance on behalf of his brother, Nnamdi Kanu, ruling that he is not a legal practitioner.
News
President Tinubu Swears In Gen. Christopher Musa As Minister of Defence
President Bola Ahmed Tinubu, on Thursday, swore in General Christopher Gwabin Musa (rtd) as Minister of Defence at the Presidential Villa, Abuja.
General Musa’s appointment follows the resignation of Alhaji Mohammed Badaru Abubakar on Monday, December 1, 2025. His nomination was announced the following day and transmitted to the Senate, where it received expedited screening and confirmation.

Born in Sokoto in 1967, General Musa was commissioned as a Second Lieutenant into the Nigerian Army in 1991 and had a distinguished military career. He was appointed Chief of Defence Staff by President Tinubu in 2023 and retired in October 2025.
As Chief of Defence Staff, he championed inter-service security collaboration.
With his swearing-in, the new Defence Minister is expected to immediately assume duties as the Tinubu administration seeks to consolidate recent security gains and fast-track reforms aimed at achieving lasting peace and stability nationwide.
Senate President Godswill Akpabio, Senate Leader Opeyemi Bamidele, Chairman, Senate Committee on Judiciary, Human Rights and Legal Matters, Sen. Adeniyi Adegbonmire, the Minister of Information and National Orientation, Mohammed Idris, and the National Security Adviser, Mallam Nuhu Ribadu, attended the swearing-in ceremony.
Also in attendance were the spouse of the new Minister, Mrs Lilian Oghogho Musa; Chief of Defense Staff, General Olufemi Oluyede; Bishop of the Catholic Diocese of Sokoto, Matthew Hassan Kukah; and Justice Kumai Bayang Akaahs (rtd).
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