Home Blog
EXCLUSIVE: RANKS AFRICA MAGAZINE SPECIAL EDITION IN PARTNERSHIP KIDD WAYA
Narrative does change; as life goes on, the beauty of who you are will be defined by your intentions toward yourself, your fans, and your craft. Kiddwaya is a major player in Entertainment industry, and he is using his influence and individuality to improve the relationships of the fans and Stan.
How Kiddwaya moved away from other people’s realities to pursue his own reality without taking away his wholesome personality needs to be adequately studied. Kiddwaya channeled his intuition into a dream life and the goals he has always desired at a time when so many people believed in life on social media and were faking impressions just to keep up with the gram. He took the importance of social media and celebrities’ lifestyles to a different level, thereby steadily building his fortress and creating a diversified niche.
The reality of a favorite can also influence the stans, which explains the WDG’s extraordinary composure and positivity adoration. a base that took time not just to keep up with their favorite alone but also took a cue from his positive and global impact. Boldness and a proper understanding of life are their forte—class beyond class, you might say.
Due to Kidd Waya’s significant actions over the course of his three years of fame, this special edition of Ranks Africa Magazine is dedicated to him.
So now it’s over to you. What do you think of this issue, both in print and online? What do you like and what is missing? Let us know RanksAfrica@gmail.com or @RanksAfrica on Twitter and Instagram and we’ll see what we can deliver in our forthcoming issues.
READ FULL DIGITAL COPY HERE
Ranks Africa Magazine: Without a doubt, Kunle Afolayan revolutionized how viewers rated Nigerian films.
The influence of Kunle Afolayan is long-lasting and profound. Prior to the monumental success of ANIKULAPO, Kunle Afolayan has always worked with magic, both historically and currently. He served as an inspiration for many filmmakers even before cinema and online streaming were widely adopted in Nigeria; to his credit, movies like Irapada, The Figurine, Phone Swap, October 1, Roti, The CEO, Mokalik, etc. have all been named the finest movies by movie lovers.
Without a doubt, Kunle Afolayan revolutionized how viewers rated Nigerian films. He is one of the most well-known directors to emerge in the last two decades. He also fits the description of a director who is aware of the idea of talent stardom.
Even though Kunle Afolayan has not yet received an Oscar, he will always be considered one of the best in the world. For this reason, a special edition of Ranks Africa Magazine has been created to recognize and commemorate him.
With nearly three decades of professional acting experience, Kunle Afolayan is not just a talented filmmaker but also a very skilled actor who is pleasant, charming, and easygoing.
We also name 14 actors in this special issue of the magazine who you should watch out for in 2023. The list includes actors who are having breakout years, stars of highly anticipated films for the awards season, and even actors who are making their film debuts.
So now it’s over to you. What do you think of this issue, both in print and online? What do you like and what is missing? Let us know RanksAfrica@gmail.com or @RanksAfrica on Twitter and Instagram and we’ll see what we can deliver in our forthcoming issues.
DOWNLOAD THE DIGITAL COPY HERE
RANKS MAGAZINE-FASHION EDITION: NIYI LAWAL BRIDGING THE CULTURE
In Nigeria, becoming a successful entrepreneur and influencer is not simple, especially for well-known individuals. There is pressure attached. Hard work, expertise, and frequently a small bit of luck is necessary.
One of the few people who had a successful business before becoming famous is Niyi. Since Niyi Lawal was presented to the world via the reality television show “Big Brother Naija” season 6’s “Shine Ya Eye,” many have come to the conclusion that you don’t need to be an entertainer before you join the show.
Due to the way he conducts himself on the show, Niyi continues to be one of the most respected #BBNAIJA naija alumni.
We at Ranks Africa have decided to celebrate those who have achieved professional success and used their enterprises to have a positive influence on their industry as well as society at large. This is the driving force behind this magazine.
This time around, Niyi Lawal, a successful serial entrepreneur and fashion influencer, is the subject of our focus story. You’ll find this quite interesting.
THE PRINT COPY IS GOING TO BE AVAILABLE FROM 30TH OCT. 2022
You can order by sending Email Ranksafrica@gmail.com or DM @ranksafrica on instagram
You can DOWNLOAD DIGITAL HERE FOR FREE
RanksBusiness Magazine: Taking a giant step from certainty to uncertainty, Cross da Boss inspires entrepreneurs
Ranks Magazine is a media outlet documenting creative minds today for tomorrow, which Identify and Promote Business, People and Industries from the perspective of every people & connecting people to latest business news
Two things happen when you live through an era of rapid change, as we are now. Firstly, there is an inevitable surge of artistic creativity and second the contrarians, the non-conformists and the anti-heroes come into their own. We witness the rise of the rebel: those who don’t play by the normal rules, who flourish in chaotic, unpredictable times and welcome uncertainty without fear. This is what this edition of Ranks Africa Magazine, celebrating Entrepreneur, Cross Okonkwo is all about. This edition celebrates the curious revolutionaries who think differently and this is reflected in the articles and contents carefully put together in this edition.
This edition, gives an insight into the life and brand of Ikechukwu Sunday Cross Okonkwo, popularly known as Cross, Entertainer, Lifestyle & Fitness Entrepreneur and the King of the Cross Nation.
The Hardcopy is 8,000 and 2,000 for digital copy
PAY TO Worldlink ICT Services 1014791447, zenith bank
Send Payment Slip +2348137586216 or +2348087571401 for Confirmation
LIMITED EDITION AVAILABLE
Taking a giant step from certainty to uncertainty, Cross da Boss inspires entrepreneurs, setting a new standard beyond entertainment on this exclusive edition of Ranks Magazine which explores his entrepreneurship journey, growth and lifestyle.
To all members of the CROSS NATION across the globe, this is a must have ‘master piece’ of your king and serial Entrepreneur available.
ICON EDITION: LAYCON FROM LOCKDOWN ICON TO UNSTOPPABLE SUPER STAR
The history of the Nigerian Entertainment landscape in the last decade cannot be said to be complete without a reference to the year 2020 which significantly affected all spheres of the entertainment industry. From Music, Movie, Comedy, to Cinema and Shows, every aspect were significantly affected as a result of the global pandemic which led to months of lockdown across the world including Nigeria. In the midst of this pandemic, while many entertainers were struggling to survive, and some pushed off the scene due to the New Normal, a new star was born, changing the face and phase of entertainment in Nigeria. His name is Olamilekan Agbelese popularly known as LAYCON, the phenomenal champion of the Lockdown episode of the “Big Brother Naija” reality TV show, who is now the Unstoppable Superstar.
Ranks Magazine is a Single Character Tabloid that intends to holistically capture the life, career growth and creativities of certain individuals who have distinguished themselves in their chosen fields of endeavours. It has a tripartite motive of; serving as a compendium for the personality, x-raying the known and revealing the unknown.
This edition, gives an insight into the lockdown ICON of Big Brother Naija, x-raying his rise to stardom, critique of his album and perspectives of fans about him. A perspective analysis of this phenomenon GOD IN HUMAN BODY is presented in this edition and it is insightful. As you flip through the pages, you will no doubt see the depth of research and robust intellectual analysis in all the discourses.
Welcome to the world of Ranks.
Chief Editor: Charles Omotayo.
Creative Director: Wale Kazeem
Project Coordinator: Wale Kazeem | Lanre Adegbaju
Photographer: Lopeze Photography
Stylist: Leereeks The Stylist
Read below Excerpts
ICON EDITION: AGAIN, WHO IS LAYCON?
ICON EDITION: THE UNSTOPPABLE JOURNEY OF LAYCON
VIEWS AND PERSPECTIVES OF FANS AND FRIENDS ABOUT LAYCON
Laycon: The Long Walk to Shall We Begin Album
WHY SOME FANS CHOOSE TO GO ON EVERLASTING JOURNEY WITH LAYCON
You can Download full Magazine
https://ranksmagazine.com/product/laycon-icon-edition/
Ranks Africa Partners Unstoppable Super Star LAYCON in ICONIC EDITION of Ranks Magazine
Ranks Africa is up to something with The Lockdown ICON who is now Unstoppable Superstar Olamilekan Agbeleshe ‘LAYCON’ with forefront Fanbase ICONS, who are currently redefining Fanbase ideologies and goals.
The partnership is to produce a Single- Character Magazine which intends to holistically capture the life, career growth and creativity of LAYCON who have distinguished himself as REALTY STAR AND RAPPER with uncommon melodies. Ranks Magazine has a tripartite motive of; serving as a compendium for the personality, x-raying the known and revealing the unknown of the personality and promoting the works and creativity of the personality.
The September Male Edition is nicknamed ICONS EDITION to illuminate the positive beacons in a sea of negativity, especially at a time like this when youths of this age are finding entertainment and self-reliance unworthy.
The September Editon will be out on the 10th September also open for partnership in form of adverts and promotions.
ICONS, let’s do this for the culture. READ NOW
For Advert Placement: +23480875771401 or Email info@RanksAfrica.com
Photographer @Lopeze_photography
Stylist : @leereeksthestylist
Creative Director: @rhwaley
@ranksafrica
@ranksmagazine
ARISE TV Correspondent, Emeka Monye, to Receive Media Person of the Year Award
Seasoned journalist and ARISE TV Correspondent in Anambra, Mr. Emeka Monye, is set to be honored with the prestigious Media Person of the Year Award at the upcoming AMTY Awards ceremony.
Monye, a renowned media strategist and digital content expert, boasts over a decade of experience in news reporting, investigative journalism, media management, and public relations.
Throughout his illustrious career, Monye has worked with top media organizations, including ARISE TV, Silverbird Television, Kaftan Television, and Super FM, where he played pivotal roles in editorial direction, content creation, and news analysis.
Currently serving as the Anambra state Correspondent at ARISE TV, Monye is responsible for coordinating news reports, conducting high-profile interviews, and managing newsroom activities.
Monye’s expertise spans photojournalism, digital storytelling, SEO/SEM, media research, and online content production, making him a versatile and highly skilled media professional.
The Media Person of the Year Award is in recognition of Monye’s longstanding contributions to the media industry, his passion for storytelling, his commitment to media innovation and excellent reportage about Anambra State.
The AMTY Awards ceremony is scheduled to take place on Saturday, 22nd March 2025 at the Stanel Dome Awka.
Exclusive Interview Iyabo Ojo on Labake Olododo
We had the privilege of sitting down with the powerhouse actress, filmmaker, and advocate, Iyabo Ojo, to discuss her latest project, Labake Olododo. A woman of passion and purpose, Iyabo has never shied away from telling impactful stories, and this film is no exception. In this exclusive conversation, she shares the inspiration behind Labake Olododo, the deep message woven into its storyline, and a powerful message for women everywhere.
The Inspiration Behind Labake Olododo
Ranks Africa: Labake Olododo carries a powerful message. What inspired you to bring this story to life?
Iyabo Ojo: Thank you so much; I appreciate it. God bless you.
The strength that many women carry inspired me. I’ve had this story in mind for a long time, but I put it aside because I knew the timing wasn’t right. However, after watching The Woman King, I felt a renewed drive. I thought, Oh, I have a script similar to this—maybe now is the right time to bring it to life. So, I decided to go for it.
At its core, the key message I want to share is that revenge is never the answer. There’s so much more to this story, but I want people to experience it for themselves. Above all, the most important lesson is that love often finds us in the most unexpected places, and no matter what happens, revenge is never the solution.
A Carefully Selected Cast
Ranks Africa: What inspired your casting choices for Labake Olododo?
Iyabo Ojo: I have worked with almost all of the cast members before, if not all. When casting, I focused on finding the perfect fit for each role, ensuring that every actor would bring their character to life in a powerful and authentic way. I knew exactly how each person would interpret their role, and that made the casting process very intentional.
A Message for Women Everywhere
Ranks Africa: As a woman who has broken boundaries, what message do you have for women everywhere, especially in celebration of Women’s Month?
Iyabo Ojo: My advice for women is simple but powerful: stay focused, stay inspired, and never lose courage or hope.
For those who are mothers, stand strong for your children. Guide them in the right direction, teach them well, and encourage them. Be there for them—not just as a parent but as a friend. Never allow them to carry burdens, especially ones you created.
And to all women out there, I love you, and I pray that you continue to excel in all that you do.
Why Labake Olododo is a Must-Watch
With Iyabo Ojo at the helm, Labake Olododo promises to be an unforgettable cinematic experience. It’s a film that blends power, emotion, and an important message—something Nollywood needs more of. As a filmmaker who channels her energy into fighting injustice both on-screen and in real life, Iyabo Ojo is the perfect person to tell this story.
Don’t miss Labake Olododo when it hits cinemas on March 28, 2025! This is more than just a movie—it’s a movement.
View this post on Instagram
Reasons to Watch Labake Olododo by Iyabo Ojo
Iyabo Ojo’s Labake Olododo is more than just a movie; it’s a statement. It’s a testament to her talent, her dedication, and her unwavering commitment to telling stories that matter. As the film prepares to grace cinemas on March 28, 2025, audiences can look forward to an unforgettable cinematic experience that will leave a lasting impact.
View this post on Instagram
1. Iyabo Ojo’s Powerful Storytelling – Iyabo Ojo is known for producing movies with deep social impact. Labake Olododo is no exception, as it carries a strong message of resilience, justice, and redemption.
2. A Star-Studded Cast: With an ensemble of top Nollywood actors handpicked for their roles, the film guarantees breathtaking performances that will leave audiences captivated.
View this post on Instagram
3. A Story of Strength & Justice—Labake Olododo is more than just entertainment; it’s a film about courage, love, and the dangers of revenge, making it relatable and thought-provoking.
4. High Production Quality: From stunning cinematography to detailed costumes and epic fight scenes, the movie is crafted to deliver a world-class cinematic experience.
5. Inspired by True Emotions & Real Struggles: Iyabo Ojo’s passion for fighting injustice and uplifting people is reflected in the movie’s plot, making it even more powerful.
6. A Must-Watch for Women & Advocates of Justice If you appreciate strong female leads and films that challenge societal norms, this is a movie you cannot miss.
7. A Movie That Stirs Emotions Whether it’s the heart-wrenching moments or the inspiring message, Labake Olododo promises to take viewers on an emotional rollercoaster.
8. A Fresh & Unique Nollywood Storyline: Unlike conventional Nollywood movies, this film explores themes rarely told in such a compelling way.
9. Iyabo Ojo’s Best Work Yet Fans of Iyabo Ojo know she delivers excellence, but Labake Olododo might just be her most impactful project to date.
10. It’s a Movie with a Message At its core, Labake Olododo reminds us that revenge is never the answer and that love and resilience are the real strengths in life.
Mark your calendars! Labake Olododo hits cinemas on March 28, 2025!
View this post on Instagram
- Read Iyabo Ojo Brings Fire to the Big Screen with Labake Olododo
Iyabo Ojo Brings Fire to the Big Screen with Labake Olododo
Iyabo Ojo is not just a filmmaker; she’s a force of nature. A woman who stands for justice, speaks truth to power, and channels her fearless energy into storytelling that resonates beyond the screen. Her journey in the film industry is one of relentless pursuit—of excellence, of authenticity, and of stories that truly matter.
When Iyabo takes on a project, she doesn’t just act—she immerses herself completely. Every story she tells is bold, real, and unforgettable. Now, with Labake Olododo, she is set to deliver a cinematic masterpiece that will shake Nollywood to its core.
Why Iyabo Ojo is the Perfect Producer for Labake Olododo
If there’s one person who understands the power of standing up for the truth, it’s Iyabo Ojo. Whether in entertainment or real life, she has never been one to stay silent in the face of injustice. Her voice is loud, her presence undeniable, and her passion unmatched.
What sets Iyabo apart is her ability to transform real-life struggles into powerful narratives that don’t just entertain but challenge, inspire, and spark important conversations. This is what makes Labake Olododo more than just a movie—it’s a movement.
Iyabo’s filmography is filled with stories that leave a lasting impact, and Labake Olododo promises to be her most profound work yet. With her at the helm, expect a story that is gripping, emotional, and deeply relevant. This is not just another Nollywood film—this is storytelling at its finest.
View this post on Instagram
- Read Reasons to Watch Labake Olododo by Iyabo Ojo
Creative Designer Topher Becomes Official Merchandise Designer for NFF’s AFCON 2025 Campaign
The Nigeria Football Federation (NFF) has announced an exciting partnership with creative designer Topher, also known as Joseph Bassey Christopher, for the AFCON 2025 “Let’s Do It Again” campaign. @iam.topherj , a former Big Brother Naija housemate, has been selected as the official creative merchandise designer for the Super Eagles’ campaign.
The AFCON 2025 campaign merchandise, designed by Topher, embodies the core values of unwavering belief, national pride, and the spirit of champions.
In a statement, Topher expressed his excitement about the partnership, saying, “This is a defining moment, a chance to blend my passion with the electrifying spirit of African football. I’ve designed a collection that embodies the core values of the campaign: unwavering belief, national pride, and the spirit of champions.”
The limited edition merchandise will be available for purchase starting March 9, 2025, at 4 PM WAT. Fans and supporters of the Super Eagles can look forward to owning a piece of this unique collection that celebrates the unity and pride of Nigerian football.
As the AFCON 2025 tournament approaches, the collaboration between Topher and the NFF is set to elevate the excitement and support for the Super Eagles. This partnership not only highlights Topher’s creative talent but also underscores the importance of celebrating and promoting African culture through sports.
View this post on Instagram
Meet Neo Akpofure: The Africa Disruptor Redefining Influence & Brand Power
In this new series by Ranks Africa, we spotlight Africa’s Disruptors—game changers making waves in their industries. Here’s Neo Akpofure, a name that has gone from underdog to powerhouse, proving that resilience, creativity, and authenticity can rewrite any story.
Akpofure’s journey is nothing short of remarkable. Once critisized for finishing as a finalist on BBNaija with one of the lowest audience votes, many doubted his potential. But today, he has shattered expectations, emerging as one of Africa’s top brand influencers. His rise to prominence is a testament to resilience, creativity, and the power of authenticity.
Rather than letting past criticism define him, Neo used it as fuel to build a thriving career as a brand influencer and actor. From consistently delivering engaging content to securing high-profile brand partnerships, he has proven that hard work, vision, and persistence can change any narrative.
Neo Akpofure’s story is proof that success isn’t about how you start but how you keep moving forward. He continues to inspire many, showing that with determination and consistency, anything is possible!
Lessons from Neo Akpofure’s Journey
✅ Resilience Pays Off – Every setback is an opportunity for a major comeback.
✅ Authenticity Wins – Staying true to yourself attracts loyal fans and big brands.
✅ Creativity is Key – Unique and engaging content sets you apart in the digital space.
✅ Hard Work Opens Doors – Consistency and dedication lead to bigger opportunities.
✅ Your Past Doesn’t Define You – Where you start doesn’t determine where you’ll end up.
Neo Akpofure is not just an influencer—he’s an industry disruptor, proving that with vision and dedication, anything is possible! 🚀🔥
#AfricaDisruptors #NeoAkpofure #RanksAfrica #InfluencerPower #FromUnderdogToGameChanger
Nigeria, South Africa, not in the US visa waiver 2025 programme
Nigeria, South Africa, not in the US visa waiver 2025 programme
Among other African countries, Nigeria, South Africa, and Ghana are not listed in the United States of America’s (USA) new visa waiver programme for 2025 as the country introduces policy updates on permit privilege eligibility and others.
The US Department of State recently announced the 2025 visa waiver programme (VWP) update, featuring a revised list of eligible countries and new travel policies.
This update simplifies visa-free entry into the United States for millions of people worldwide, making business, tourism, and transit travel more accessible.
However, as the new VWP brings exciting opportunities for international travellers from many countries, some others are regretting the new development.
The 2025 visa waiver programme includes 40 countries whose citizens can now travel to the United States without a visa.
This year, Romania has joined the list as a new entrant. However, Taiwan and the United Kingdom remain eligible under specific conditions.
The list has Andorra, Australia, Austria, Belgium, Chile, Czech Republic, Croatia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, and Israel.
Others include Norway, Poland, Portugal, San Marino, Singapore, Slovakia, Japan, Slovenia, Latvia, South Korea, Liechtenstein, Spain, Lithuania, Sweden, Luxembourg, Switzerland, Malta, Netherlands, New Zealand, and Qatar, others.
What is the US visa waiver programme means
The visa waiver programme allows travellers from eligible countries to visit the United States without a visa for up to 90 days for tourism or business purposes.
Instead of going through a lengthy visa process, eligible individuals can apply for an electronic system for travel authorisation (ESTA) before departure.
What changed in the 2025 VWP
While most of the VWP list remains unchanged, adding Romania marks a significant update. The U.S. has also focused on enhancing security checks and prioritising countries with strong diplomatic ties and border security standards.
Nevertheless, Romania, Taiwan, and the United Kingdom are excluded from the U.S. visa and interview waiver programme for 2025.
Dangote Refinery Reduces Petrol Price To N825
Dangote Refinery Reduces Petrol Price To N825
Dangote Petroleum Refinery has officially announced a reduction in the ex-depot price of Premium Motor Spirit (PMS) by N65, effective from 27th February 2025.
The new price, N825 per litre, marks the second price reduction in February 2025, following an earlier drop of N60 earlier this month.
The move is part of the refinery’s ongoing commitment to easing the financial burden on Nigerians and supporting the economic policies of President Bola Ahmed Tinubu, especially as the Ramadan season approaches.
The price reduction aims to provide much-needed relief to citizens ahead of the holy month, aligning with the government’s goal of alleviating the cost of living for Nigerians.
In addition to the February reductions, Dangote Petroleum Refinery had also decreased PMS prices during the 2024 yuletide period, lowering the cost from N970 to N899.50 per litre, further contributing to stabilizing the nation’s economy and providing relief during the festive season.
The new retail prices of Dangote petrol at partner stations will be as follows: at MRS Holdings stations, the price will be N860 in Lagos, N870 in the South-West, N880 in the North, and N890 in the South-South and South-East.
At AP (Ardova Petroleum) and Heyden stations, the price will be N865 in Lagos, N875 in the South-West, N885 in the North, and N895 in the South-South and South-East.
Dangote Petroleum Refinery assured Nigerians of a consistent supply of high-quality petrol, with enough reserves to meet domestic demand and contribute to the nation’s foreign exchange earnings.
The company is calling on marketers to ensure that this price relief reaches consumers, supporting President Tinubu’s vision of making Nigeria self-sufficient in refined petroleum products.
Police restore Obasa’s security details, Withdraw Meranda’s as ex-Lagos speaker set for return
Hon. Mudashiru Ajayi Obasa who was impeached as speaker of the Lagos House of Assembly on January 13, 2025, is set to return.
Daily Trust understands that his security details have been restored just as those of Hon. Mojisola Lasbat Meranda, have been withdrawn.
Meranda was Obasa’s deputy before the impeachment. After his removal, the house unanimously elected Meranda, making her the first female to occupy the position in the history of the state.
Though she’s yet to officially resign as the Speaker of the House, her fate was reportedly sealed over the weekend by key All Progressives Congress (APC) leaders who intervened in the crisis rocking the House of Assembly.
Former National Chairman of APC, Chief Bisi Akande, former Governor of Osun State, Chief Olusegun Osoba, former Commissioner for Justice, Dr. Muiz Banire and members of the Governance Advisory Council (GAC) and some of the lawmakers had met over the weekend to find a resolution to the crisis.
It was at the meeting that the fate of Meranda was sealed as she was reportedly asked to vacate her seat.
There are indications that Obasa might return as the Speaker as following the resolutions reached by the leaders which largely favoured Obasa’s return.
“In truth, what they said was that Obasa’s removal was illegal and the lawmakers were directed at the meeting to go and return him,” sources familiar with the matter had said.
It was not clear yet when the House would reconvene to effect the expected changes.
Meranda had adjourned plenary indefinitely two weeks ago when there was commotion in the assembly as a result of invasion by operatives of the Department of State Services (DSS).
Alleged N1.38bn Fraud: Court Remands Jude Okoye in Ikoyi Prison
An Ikoyi Federal High Court sitting in Lagos has remanded Jude Okoye, older brother and ex-manager of Paul and Peter Okoye of the defunct P-Square music group, in Ikoyi Correctional Centre following his arraignment by the Economic and Financial Crimes Commission (EFCC).
He was arraigned on Wednesday before Justice A.O. Owoeye.
As contained in a statement issued on the Commission’s official X handle on Thursday, Jude was arraigned alongside his company, Northside Music Ltd, on a seven-count charge bordering on money laundering to the tune of N1.38billion, $1million and £34,537.59.
One of the charges reads: “That you, Jude Okoye Chigozie and Northside Music Ltd sometimes in 2022, in Lagos, within the jurisdiction of this Honourable Court, did directly acquire a landed property known as No 5, Tony Eromosele Street,Parkview Estate, Ikoyi, Lagos worth N850,000,000.00 (Eight hundred and fifty million naira) only, which money you knew or reasonably ought to have known forms part of proceeds of unlawful act and thereby committed an offence contrary to Section 18 (2) (d) and punishable under Section 18 (3) of the Money Laundering (Prevention and Prohibition) Act, 2022.”
Another charge reads: “That you, Jude Okoye Chigozie and Northside Music Ltd sometimes in 2022, in Lagos, within the jurisdiction of this Honourable Court, did indirectly using bureau de change, converted the sum of $1,019,762.87 (One million nineteen thousand, seven hundred and six-two dollars eighty seven cents), domiciled in Access Bank Plc operated by Northside Music Ltd to the Naira equivalent and remitted into various bank accounts with intention of concealing that the said fund formed part of the proceeds of an unlawful act and thereby committed an offence contrary to Section 18 (2)(a) and punishable under Section 18 (3) of the Money Laundering (Prevention and Prohibition) Act, 2022.”
Jude, however, pleaded “not guilty” to the charges after they were read to him.
The prosecution counsel, L.P. Aso, applied for a trial date and for Okoye to be remanded in a correctional facility.
Reacting, the defence counsel, Inibehe Effiong informed the court of Okoye’s bail application and prayed for a short date of adjournment to enable its hearing.
He also prayed that the defendant be rather remanded in the EFCC custody pending the hearing of the bail application.
Objecting to the prayer for the defendant to be remanded in EFCC’s custody, the prosecution counsel argued that the Commission’s holding facility was already congested with suspects awaiting arraignment and that the court should remand the defendant in the correctional facility since he has taken his plea.
After hearing from both counsels, Justice Owoeye adjourned the matter till February 28, 2025 for the hearing of the bail application and April 14, 2025 for trial.