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Nigerian businessman Oba Otudeko faces fraud charges over billions in alleged loan scams.
Nigerian businessman Oba Otudeko and others are facing charges of fraud involving billions of naira, with the Economic and Financial Crimes Commission (EFCC) accusing them of obtaining loans through false pretenses.
The Federal High Court in Lagos has ordered Otudeko to appear and take a plea, adjourning the case to May 8.
Settlement talks are reportedly underway between the EFCC and Otudeko's defense team.
Meanwhile, ex-minister Saleh Mamman and former First Bank Nigeria Holdings chairman are among others facing various financial crimes charges.
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El empresario nigeriano Oba Otudeko enfrenta cargos de fraude por más de miles de millones en supuestas estafas de préstamos.