News

Mint boss, Ehi Okomoyon back in detention as EFCC perfects extradition

Published

11 years ago

October 14, 2014

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The hopes of ex Mint boss, Ehi Okomoyon to thwart the process of his extradition to the United Kingdom to answer cases on financial crimes dwindled yesterday when the court ordered his return to detention for the Economic Financial Crime Commission to perfect the necessary documents needed for the extradition.In a statement released by the EFCC’s spokeperson, Wilson Uwujaren…’The extradition process initiated against Ehidiamhen Okoyomon, former MD of Nigeria Security Minting and Printing Company by the office of the Attorney General of the Federation before Justice E.S Chukwu of the Federal High Court could not go on today.
Okoyomon’s extradition is being sought by the UK government over his alleged role in the bribery scandal involving officials of Central Bank of Nigeria, CBN, the Nigeria Security Minting and Printing Company, NSPMC, and Securency International Pty of Australia between 2006 and 2008.

When the case was called for mention today, the defence counsel, Alex Iziyon, SAN, told the court that he had filed a preliminary objection challenging the jurisdiction of the court to hear and decide the matter.

Iziyon argued that the court lacks jurisdiction to entertain the matter saying, “there is no extradition treaty between Nigeria and United Kingdom”. “We want to be shown where this is in the law. What we have is only protocol not extradition treaty”, stated the spokesperson for the EFCC.

Justice Chukwu after listening to the submission of both counsels ordered the defence to get the prosecution duly served with all necessary process while EFCC should take custody of the accused till the next adjourned date which is Thursday, October 16, 2014.

Business

Tunde Ednut Earns $5,000 Per Day! -Report

Published

2 months ago

September 22, 2025

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“Tunde Ednut earns $5,000 average per day, ISWIS made approx $200,000 from live events in one month” — Chude Jideonwo unveils creator economy data at Digital Creator Africa Summit

At the inaugural Digital Creator Africa Summit, media entrepreneur and #WithChude host Chude Jideonwo unveiled new data positioning the Nigerian creator economy as one of the most commercially powerful industries on the continent.

Highlighting explosive growth and overlooked business models, Jideonwo revealed that:

• Tunde Ednut, the former musician turned Instagram media mogul, is estimated to earn over $5,000 a day through his platform — with a business model based on affiliate promotion, Instagram advertising, and music amplification.

• The hit podcast “I Said What I Said” (ISWIS) reportedly made approximately $200,000 in gross revenue from live events alone in a single month, drawing thousands of fans across there US, the UK and Canada.

• “What these numbers show,” Jideonwo said, “is that creators are no longer just influencers — they are media companies, and increasingly, nation-builders.”

The summit, held in Lagos and attended by creators, investors, and media leaders, was designed to shift the conversation from virality to value — reframing content creation as infrastructure, not just entertainment.

As part of his address, Jideonwo announced his $500,000 personal commitment to the FourthMainland Creator Fund — a catalytic investment vehicle to back high-potential African creators with funding, IP support, and platform distribution.

“We’re building the Mavin Records of storytelling,” he said. “Not just with fame, but with financial tools, ownership, and a full studio system that lets creators scale across the continent and diaspora.”

The Creator Fund is part of the broader FourthMainland ecosystem, a creator commerce platform set to launch in 2026. The platform will offer monetization tools, subscription infrastructure, and joint-IP models built around African content — positioning it as the first at-scale infrastructure for the continent’s growing $100B creator economy.

Jideonwo, whose ventures include Joy, Inc., #WithChude, and YNaija, closed with a call to funders and policymakers:

“If music had Mavin Records and tech had CcHub, then creators now have their studio systems — their Mavins — and they’re building billion-dollar value chains without waiting for permission.”

The keynote, titled “Overtaking is Allowed,” argued that Africa’s most important civic and cultural shifts today are being led by independent creators, and that media-tech infrastructure for creators is now one of the biggest opportunities for economic growth across the continent.

News

What Ibadan Socialite, Fijabi’s Leak Audio Has Done To Minister Adelabu’s Guber Ambition

Published

5 months ago

July 1, 2025

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A recent viral moment has unexpectedly stirred the political waters for Power Minister Adebayo Adelabu’s 2027 gubernatorial bid in Oyo State. Here’s how it unfolded—and the fallout that followed:

An audio featuring Ibadan socialite, Chief Akinade Fijabi and an unidentified young man surfaced online.

In the audio, Fijabi, an Ibadan high Chief and singer, Wasiu Ayinde’s closest ally bared his thoughts on political bearings in Oyo State and centred it round the Minister for Power, Adebayo Adelabu.

The audio quickly gained traction, sparking laughter and debate across social media platforms in Oyo and beyond.

The audio briefly overshadowed Adelabu’s image and critics seized the moment to question his ability, business sense and highlight potential vulnerabilities in managing grassroots affairs.

Even before the audio, Adelabu’s return to APC and flirtation with a 2027 run had unsettled internal party dynamics. The audio gave fuel to factions already uneasy about his rapid elevation and perceived attempt at imposition.

APC hardliners and youth groups, who’ve openly criticized the party’s handling of aspirants like Adelabu, echoed that the viral moment underscores deeper frustration about favoritism .

Adelabu’s allies are downplaying the audio, arguing that public interactions reflect openness and a grassroots presence and qualities essential for statewide appeal. They’ve also pointed to his achievements, including boosting national grid capacity, as evidence of credible leadership .

Fijabi in the audio also shed some lights based on what he termed ‘reliable information’ on Governor Makinde’s Presidential ambition, claiming it was a plot to collapse the PDP in Oyo State for President Tinubu with an agreement that the Governor would be granted the request to install a successor.

The clip audio shifted part of the conversation from Adelabu’s technocratic record to his public persona. Analysts say managing optics now matters more than ever for his brand.