Headlines
Binomo Investment: Federal High Court convicts two for cryptocurrency scam
Nasiru Yusuf
The Federal High Court sitting in Kano has on Thursday convicted Okungbowa Collins and Florence Omorodion accused of obtaining money by false pretense.
Kano Focus reports that the trial judge Justice Lewis Allagoa sentenced each to restitution of the total sum of monies in their respective charge.
Okungbowa Collins is to restitute the sum of N420,000 to his victims, while Omorodion was ordered to restitute her victim the sum of N218,000.
It may be recalled that the Economic and Financial Crimes Commission EFCC has charged the convicts before the federal High Court, Kano on separate one count of obtaining money by false pretense.
They allegedly used their company, Binomo Investment to fraudulently obtain money from innocent victims under the pretext that Binomo is into Cryptocurrency business.
One of the charge reads that ‘’ You Okungbowa Collins E. on or about November and December, 2019 at Kano within the jurisdiction of the Federal High Court, did commit an unlawful act to wit; conducted series of financial transactions on behalf of one Osarunwense in the sum N420,000 which in fact involved the proceeds of an unlawful activity of the said Osarunwense and you thereby committed an offense contrary to and punishable under section 17 (b) of the Economic and Financial Crimes Commission (Establishment) Act 2004.
The other charge reads that ‘’ You Florence Omorodion on or about October and November, 2019 at Kano within the jurisdiction of the Federal High Court, did commit an unlawful act to wit; conducted series of financial transactions on behalf of one Destiny Omorodion in the sum N218,000 which in fact involved the proceeds of an unlawful activity of the said Destiny Omorodion and you thereby committed an offense contrary to and punishable under section 17 (b) of the Economic and Financial Crimes Commission (Establishment) Act 2004”.
The defendants pleaded ‘’guilty’’ to the charges.
Prosecution counsel, Micheal Ojo asked the court to convict the defendants in line with their pleas.
Counsels for the defendants, Tohwo Oseruvwoja and Felix E. Nnana both pleaded with court to temper justice with mercy in sentencing the defendants.
Both convicts were also sentenced to pay fine of the sum of N50, 000 each.
Headlines
Dangote Refinery maintains ex-depot price of PMS
Nasiru Yusuf Ibrahim
Dangote Petroleum Refinery and Petrochemicals Limited has announced that its ex-depot price of Premium Motor Spirit (PMS) remains unchanged, reaffirming its commitment to stability in Nigeria’s domestic energy market.
In a statement issued by Esan Sunday, Head of Media Relations, Branding and Communication, the company said sustaining the current price reflects its efforts to cushion the broader economy against external shocks. It noted that by absorbing prevailing cost pressures, the refinery is helping to moderate inflationary risks, promote energy affordability, and ensure uninterrupted fuel supply amid ongoing global uncertainties.
The company reiterated its dedication to the steady supply of high-quality petroleum products to the Nigerian market, while aligning with national objectives of price stability and energy security.
It also urged the public to rely solely on official communications from the refinery for accurate and up-to-date information regarding its operations and pricing.
Headlines
Tinubu congratulates Garo on appointment as Kano deputy governor
Nasiru Yusuf Ibrahim
President Bola Ahmed Tinubu has congratulated Alhaji Murtala Sule Garo on his emergence as the Deputy Governor of Kano State following his swearing-in on Tuesday.
KANO FOCUS reports that Garo was sworn in by Governor Abba Kabir Yusuf after being nominated to fill the vacancy created by the resignation of former deputy governor, Comrade Aminu Abdulsalam.
In a statement issued by his Special Adviser on Information and Strategy, Bayo Onanuga, the President described Garo’s appointment as a positive step toward strengthening unity within the All Progressives Congress (APC) in Kano State.
The President noted that the 48-year-old politician has held several public offices, including Chairman of Kabo Local Government Area and Commissioner for Local Government and Chieftaincy Affairs during the administration of former governor Abdullahi Umar Ganduje. He also served as the APC governorship running mate in the 2023 general elections.
Tinubu commended Governor Yusuf for the appointment, urging political stakeholders in the state to rally behind the administration to ensure stability and progress.
He also called on the new deputy governor to work closely with the governor in delivering effective leadership and accelerating development in Kano State.
The President wished Garo success in his new role.
Headlines
Ganduje acknowledges Sanusi II as Emir of Kano, 6 years after dethroning him
Ibrahim Khalil
A dramatic political moment unfolded in Kano on Tuesday as former governor Abdullahi Umar Ganduje publicly acknowledged Muhammad Sanusi II as the Emir of Kano and Chairman of the Kano State Council of Emirs.
KANO FOCUS reports that the unexpected gesture occurred during the swearing-in ceremony of the newly appointed Deputy Governor, Murtala Sule Garo, at Government House, Kano—an event attended by top political leaders and traditional rulers.
While delivering his goodwill message, Ganduje addressed Sanusi by his full royal title, drawing immediate attention from dignitaries at the ceremony. The audience responded with loud applause when he greeted the Emir and recognised his position as head of the Kano Emirate Council.
The development is particularly significant given the long-standing rift between the two figures. Sanusi was removed from the throne during Ganduje’s administration, a decision that sparked widespread political and legal controversy at the time.
However, the political landscape shifted following the emergence of Governor Abba Kabir Yusuf, under whose administration Sanusi was reinstated as Emir of Kano.
Observers say Ganduje’s public acknowledgment signals a possible easing of tensions and may point to broader efforts at reconciliation within Kano’s political and traditional institutions.
The moment has since been described by analysts as a “twist of fate” in Kano politics, where former rivalries appear to be giving way to cautious gestures of respect among key actors.
