Why I Want N3.5m Monthly Child Support From Femi Fani-Kayode — Ex-Wife

Former Minister of Aviation, Femi Fani-Kayode’s estranged wife, Precious Chikwendu, has accused him of beating her up at several occasions including when she was pregnant. Chikwendu, who’s demanding full custody of their four sons, made the allegations in an affidavit she deposed in support of an originating motion brought pursuant to Section 69 of the Child’s Rights Act, 2003. “From the early days of our relationship, the respondent (Fani-Kayode), has always maintained a lifestyle of utter disregard to my feelings. This was evident in the way and manner the respondent assaulted me while pregnant with our first son. The respondent (Fani-Kayode) kicked me severally on my stomach over a petty argument that ensued. It was my friend, Vanessa, who was around at the material time that intervened at the nick of time to save me. I had to leave the respondent’s (Fani-Kayode’s) house a few days after this incident. The respondent (Fani-Kayode) repeated the same act when I was pregnant with tripl

SEC Summons Company Directors Over Investors N300M

On Tuesday, January 3, the Security and Exchange Commission (SEC) ordered directors of Transglobe Investment and Finance Company Limited to appear before it.
The directors - Osita Ignatius Odili, Obasola Alao, Bariu Abdul Gaffar, Sunny Obidiegwu, Clement Obineze Maduako, and Alex Ekwueme – were accused of.....
failing to resolve various complaints of over N300 million filed by investors against the company.

SEC in a circular said the directors and their sponsors are expected to meet with the commission on Wednesday, January 4.

The circular title: Notice of Meeting with the Directors and Sponsored Individuals of TransGlobe Investment and Finance Company Limited said the commission was investigating the allegations.
“In a bid to resolve the complaints, the Commission had exchanged several correspondence with your company through the Managing Director, but your company has failed to resolve the complaints,” the commission said.
It also added that, as at July 2016, there were five unresolved complaints still pending against the company.

“In view of your position as Directors and sponsored individuals of Transglobe Investment & Finance Company Ltd, the Commission hereby invites you to meet with its officers in order to deliberate on ways of resolving all the outstanding issues,” the commission said.