News
“We Were Forced To Write Under Duress,” Journalists Reveal In GTBank Defamation Trial
Four journalists standing trial before the Federal High Court, Ikoyi, in the alleged cyberstalking and defamation case filed by Guaranty Trust Holding Company (GTCO), holding company of GTBank, have narrated how they were coerced by the police to write statements without access to legal representation. adsbygoogle || []).push({});
The defendants in suit number FHC/L/774C/2024 insisted that despite their requests to consult with their lawyers, the police forced them to write statements, threatening to deny them custody leave unless they complied.
It will be recalled that the four journalists—Precious Eze, Olawale Rotimi, Rowland Olonishuwa, and Seun Odunlami—were arrested in September 2024 by the Police Special Fraud Unit (PSFU), Lagos, following a petition by GTCO accusing them of defamation and cyberstalking.
In their argument, the defence legal team, including Barr. Olakunle Afolabi and Adebisi Adeniyi objected to the admittance of the statements as evidence, arguing that the statements were taken involuntarily and under coercion.
Earlier, during cross-examination, the IPO, ASP Yaqoub Sule, claimed that the suspects wrote their statements in a conducive environment. However, he admitted before the court that the suspects wrote the statements without their legal representatives present, stating that the defendants had informed the police that their lawyers were on their way.
In his ruling, Justice Ayokunle Faji adjourned the trial to Friday, October 25, and asked both parties to provide further evidence to validate their claims.
It should be noted that the House of Representatives recently launched an investigation into allegations of corruption, falsification of financial reports, and money laundering against Mr. Segun Agbaje, the Group Chief Executive Officer of Guaranty Trust Holding Company Plc (GTCO), and the bank itself. The investigation followed a petition submitted by Alhaji Yusuf Kabiru, President of the Arewa Consultative Youth Movement, and presented by Hon. Nnamdi Ezechi from Delta State to the lawmakers.
Meanwhile, the House of Representatives Public Accounts Committee reportedly directed Guaranty Trust Holding Company to calculate and remit the Value Added Tax on commissions received from Remita transactions between 2015 and 2022 to the Federal Government.
The committee, chaired by Bamidele Salam, who represents Ede South/Ede North/Ejigbo/Egbedore Federal Constituency in Osun State, issued the directive during an ongoing investigation into alleged revenue leakages through the Remita platform. GTCO’s Executive Director, Mr. Ahmed Liman admitted that the bank had not remitted the VAT for eight years.
Additionally, the Global Integrity Crusade Network (GICN), a non-governmental organization, stormed the National Assembly on October 3, seeking a legislative probe into alleged “corruption, fraud, and financial irregularities” in the bank.
In a statement signed by Amb. Comr. Adebayo Lion Ogorry, Director of Publicity and Mobilization, the group claimed that a private investigator’s report revealed that under the leadership of Segun Julius Agbaje, GTCO had engaged in unsolicited account openings, declaration of fictitious profits, round-tripping, money laundering, terrorism financing, and the use of customers’ and investors’ funds to pay penalties in the United Kingdom.
The journalists currently undergoing trial had brought these issues to public attention in their publications.
Author Profile
- Prince Abdulrahman Obaje is a Media, Information and Computer Technology Consultant. A quintessential Journalist, online marketer, social media strategist, Mathematician and Computer Scientist is based in Abuja, Nigeria. He is the Founder and the Publisher of The Informavores!. You can reach me on +234 805 939 5252 or send i-witness report directly to me on news@informavores.com.ng.
Latest entries
NewsJuly 15, 2026NGIJ Demands Independent Probe of Controversial PFIPC, Rejects Premature Exoneration
NewsJuly 1, 2026MeCure Industries Plc Closes H1 2026 with Stable BBB GCR Outlook, Halal Certification, Launches New Product
NewsJune 29, 2026Family Seeks Information on Missing Sergeant After Reported Drowning Incident at Seme Border
NewsJune 12, 2026June 12: Ajia Congratulates Tinubu, AbdulRazaq, Calls for Youth Inclusion and Grassroots Development
News
NGIJ Demands Independent Probe of Controversial PFIPC, Rejects Premature Exoneration
NGIJ Demands Independent Probe of Controversial PFIPC, Rejects Premature ExonerationThe Nigerian Guild of Investigative Journalists (NGIJ) has called on President Bola Ahmed Tinubu to immediately constitute an independent panel of inquiry to investigate the unfolding scandal surrounding the controversial Presidential Foreign Investment Promotion Council (PFIPC), insisting that the gravity of the allegations and the institutions reportedly involved make an ordinary investigation inadequate.
In a statement jointly signed by its National President, Mallam Abdulrahman Aliagan, and National Secretary, Rowland Olonishuwa, the Guild faulted the Presidency’s swift public exoneration of the Chief of Staff to the President by the President’s spokesman, Mr. Bayo Onanuga, describing it as premature and inconsistent with the principles of natural justice.
According to the Guild, declaring any public official innocent before the conclusion of an impartial investigation undermines public confidence in the process and creates the impression that the outcome has already been predetermined.
“The hasty exoneration of any public official before a comprehensive investigation has been concluded negates the principles of justice, fairness and good conscience.
Every Nigerian deserves to see that justice is not only done but is manifestly seen to have been done,” the statement said.
NGIJ said the controversy surrounding the controversial Presidential Foreign Investment Promotion Council (PFIPC) has become one of the most significant governance scandals in recent years, alleging that the sequence of events surrounding the Council points to a level of official backing that requires a truly independent investigation.
The Guild argued that several developments associated with the Council have raised serious questions that cannot be ignored.
According to the statement, available information indicates that an account was reportedly opened for the Council at the Central Bank of Nigeria (CBN), the controversial PFIPC was reportedly captured in the 2026 Appropriation Bill presented to the National Assembly, office accommodation was allocated to the Council within the Federal Secretariat Complex in Abuja, and more than 300 personnel, including eight directors, were reportedly recruited or sourced to work for the Council.
NGIJ noted that these developments, if established through investigation, suggest that the activities attributed to the Council went far beyond the actions of a few individuals and may have involved approvals or support from influential actors within government.
“The establishment of banking arrangements, budgetary provisions, office allocation, recruitment of hundreds of personnel and appointment of directors are not processes ordinarily executed without official authorisation and institutional support. These issues raise legitimate public interest questions that deserve thorough and independent scrutiny,” the Guild stated.
It added that the scale of the allegations has created widespread public concern and, if left unresolved, could erode confidence in Nigeria’s governance institutions and anti-corruption framework.
The Guild expressed reservations over allowing the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to solely investigate the matter, arguing that given the alleged involvement of powerful figures and the institutional implications of the case, a broader and more independent mechanism would inspire greater public confidence.
According to NGIJ, the investigation should be handled by an independent judicial panel comprising retired judicial officers, forensic auditors, representatives of relevant anti-corruption institutions, professional bodies and civil society organisations, with full powers to examine documents, invite witnesses and recommend appropriate actions based on its findings.
The Guild further urged the National Assembly to commence a public legislative inquiry into the establishment, funding, operations and legal status of the controversial Presidential Foreign Investment Promotion Council.
It maintained that no public official, irrespective of rank or political influence, should be insulated from investigation where credible allegations exist.
NGIJ stressed that the circumstances surrounding the controversial PFIPC have made the matter unprecedented and deserving of the highest level of independent scrutiny.
The Guild said only a transparent, credible and independent investigation can establish the true facts, identify any wrongdoing where it exists, protect innocent persons where appropriate, and restore public confidence in the administration’s commitment to accountability, transparency and the rule of law.
Author Profile
Latest entries
NewsJuly 15, 2026NGIJ Demands Independent Probe of Controversial PFIPC, Rejects Premature ExonerationNewsJuly 1, 2026MeCure Industries Plc Closes H1 2026 with Stable BBB GCR Outlook, Halal Certification, Launches New ProductNewsJune 29, 2026Family Seeks Information on Missing Sergeant After Reported Drowning Incident at Seme BorderNewsJune 12, 2026June 12: Ajia Congratulates Tinubu, AbdulRazaq, Calls for Youth Inclusion and Grassroots Development
News
MeCure Industries Plc Closes H1 2026 with Stable BBB GCR Outlook, Halal Certification, Launches New Product
By AbdulRahman Obaje
Lagos, Nigeria — July 2026 — MeCure Industries Plc closed the first half of 2026 on a strong note, marked by the affirmation of its national scale issuer ratings by GCR Ratings, the award of Halal certification, and the launch of two new products. adsbygoogle || []).push({});
GCR Ratings affirmed MeCure Industries Plc’s long-term issuer rating at BBB(NG) and short-term issuer rating at A3(NG), with the company’s long-term outlook revised to Stable. The rating agency said the decision was supported by improvements in MeCure’s competitive position, sound earnings performance, ongoing expansion, product innovation, and wider market penetration. GCR also noted the company’s diversified portfolio of more than 140 formulations across five therapeutic classes, its extensive distribution network, and its relationships with suppliers and technical partners.
During the period, MeCure also received Halal certification, reinforcing the company’s commitment to quality, compliance, and broader consumer accessibility. For the everyday consumer, Halal certification means that the certified products have been reviewed to ensure that their ingredients, sourcing, handling, and production processes comply with recognised Halal requirements. In practical terms, it gives Muslim consumers greater confidence that the medicines they use are permissible, while also providing an additional layer of assurance around transparency, product integrity, and manufacturing discipline.
The certification is expected to support trust among customers, healthcare professionals, distributors, and institutional partners, while strengthening MeCure’s positioning in markets where Halal-compliant products are an important consideration.
In June 2026, MeCure further expanded its product portfolio with the introduction of Fluconazole Capsules and EBU Suspension. Fluconazole Capsules add to the company’s antifungal offering, while EBU Suspension, an ibuprofen oral suspension, strengthens MeCure’s paediatric and family care range. The launches reflect the company’s continued focus on affordable, locally manufactured medicines across key therapeutic needs.
As MeCure enters the second half of 2026, the company said it remains focused on deepening local manufacturing, improving access to quality medicines, expanding its product pipeline, and delivering sustainable value to shareholders.
Author Profile
Latest entries
NewsJuly 15, 2026NGIJ Demands Independent Probe of Controversial PFIPC, Rejects Premature ExonerationNewsJuly 1, 2026MeCure Industries Plc Closes H1 2026 with Stable BBB GCR Outlook, Halal Certification, Launches New ProductNewsJune 29, 2026Family Seeks Information on Missing Sergeant After Reported Drowning Incident at Seme BorderNewsJune 12, 2026June 12: Ajia Congratulates Tinubu, AbdulRazaq, Calls for Youth Inclusion and Grassroots Development
News
Family Seeks Information on Missing Sergeant After Reported Drowning Incident at Seme Border
Family Seeks Information on Missing Sergeant After Reported Drowning Incident at Seme Borde
By Usman Aliyu | June 27, 2026
Ajaka, Kogi State — The family of Sgt. Benjamin Etuh, a native of Ajaka in Igalamela/Odolu Local Government Area of Kogi State, has appealed to the public for information regarding his whereabouts following reports that he may have been involved in a drowning incident at the Seme Border area of Lagos State.
According to information available to the family, Sgt. Etuh, who was last known to be serving at the Seme Border Patrol, was reportedly involved in an incident on the water around the border community. However, relatives say they have not received any official confirmation regarding his condition or whereabouts.
The uncertainty surrounding the incident has left family members distressed and searching for answers. Efforts to contact the officer through his mobile phone numbers have also proved unsuccessful, as the lines have reportedly remained unreachable for several days.
Family sources expressed concern over the lack of verified information and appealed to the relevant authorities to provide clarity on the officer’s status. They also called on security agencies, colleagues, residents of the Seme Border area, and members of the public with any useful information to come forward.
Efforts by reporters to obtain official confirmation from the Ikeja Command were unsuccessful, as no response had been received at the time of filing this report.
As of the time of publication, there has been no official statement confirming Sgt. Benjamin Etuh’s whereabouts or condition. The family continues to appeal for credible information that may help establish the facts surrounding the incident.
Author Profile
Latest entries
NewsJuly 15, 2026NGIJ Demands Independent Probe of Controversial PFIPC, Rejects Premature ExonerationNewsJuly 1, 2026MeCure Industries Plc Closes H1 2026 with Stable BBB GCR Outlook, Halal Certification, Launches New ProductNewsJune 29, 2026Family Seeks Information on Missing Sergeant After Reported Drowning Incident at Seme BorderNewsJune 12, 2026June 12: Ajia Congratulates Tinubu, AbdulRazaq, Calls for Youth Inclusion and Grassroots Development