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The Attorney General of the Federation (AGF) and Minister of Justice, Prince Lateef Fagbemi (SAN), has declared that those found guilty of corruption should not enjoy state pardon.

He also advised law enforcement agencies against conducting shoddy investigations, urging them to ensure they have their facts straight before summoning anyone for questioning.

According to a statement made available to newsmen by his media aide, Kamarudeen Ogundele, the AGF spoke at a roundtable organized by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) for state Attorneys General in Abuja on Monday. The AGF stated, “I will suggest in our next constitution review exercise that we exclude those found guilty of corruption from benefiting from the powers of ‘Prerogative of Mercy’ to serve as a deterrent to others.”

Fagbemi emphasized that the cooperation of all stakeholders, especially the Attorneys General, is crucial in the fight against corruption. He advised them to avoid nepotism, political witch-hunting, rivalry, and bigotry in their efforts to combat corruption, particularly to please their governors.

He also stated that there should be no justification for rationalizing corruption or crimes, adding that their legal opinions on cases must be based on facts as practiced in advanced countries. The AGF remarked, “We should not give in to public sentiment. In Nigeria, we are polarised along political lines.”

Fagbemi then advised participants and anti-graft agencies to conduct thorough investigations of cases before arresting suspects to avoid media trials. “Let us be thorough and take our time before inviting someone for questioning. Don’t do a shoddy job,” he said, and cautioned against filing excessive charges against defendants just to generate public frenzy. “Nobody wants a 50-count charge. Make it five or six and be sure. Make sure you get him (the suspect) in,” the Minister concluded.

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News about Apple’s (AAPL) latest iPhones was the meat and potatoes of the tech giant’s Monday event, but the company also shared a raft of other updates to products, including its AirPods and Apple Watch. 

Some of the company’s non-iPhone announcements included:

The announcements came after a number of August updates from the company—including the news that it would get a new CFO, with Kevan Parekh replacing Luca Maestri. Apple also is just a few weeks away from reporting its latest quarterly results.

Apple shares were little changed in Monday afternoon trading after the event, still leaving them up close to 15% for the year so far.

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A man has stated that being a good person has no benefits.

He said this when asked about what is the harshest truth he has learnt? And he said Unfortunately there are no benefits to being a good person.

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The Nigerian Communications Commission (NCC) recently launched the Device Management System (NCC-DMS), which is a thorough Central Equipment Identity Register (CEIR) designed to oversee and control mobile devices that connect to the country’s communication networks.

The new ‘Type Approval Business Rule 2024’ stipulates that all Mobile Network Operators (MNOs) in the country are required to connect to the system as mandated by the Commission. It stated that the initiative is designed to ensure stricter control over mobile devices, enhance security, and promote compliance with established regulatory standards.

The Commission added that the NCC-DMS will act as a central database for tracking devices across all Mobile Network Operators (MNOs) in Nigeria. By registering and monitoring device access, the NCC said it seeks to curb the use of unapproved devices and prevent issues such as phone theft and fraudulent activities involving mobile devices.

According to the Commission, all mobile network operators are required to connect to the NCC-DMS and mirror network-related policies configured by the NCC. This, it said ensures that network operators adhere to the same standards and policies, fostering a uniform approach to device regulation. “NCC-DMS shall acquire the International Mobile Equipment Identity (IMEI) of all devices latching to the communication network and synchronise with International databases of IMEI repositories.

NCC-DMS shall maintain a registry of all communication devices available in the Federal Republic of Nigeria,” the Commission stated in the Business Rule.

It added that individuals would be able to register their mobile devices, but the number of devices allowed for registration will be limited and determined by the Commission. Additionally, device suppliers will be responsible for registering type-approved devices on the NCC-DMS.

All MNOs are also required to synchronise their Equipment Identity Registers (EIRs) with the NCC-DMS, ensuring that mobile devices accessing their networks are compliant with NCC regulations. Device registration on the NCC-DMS will require payment of fees, distinct from type approval fees.

This fee structure will be applied to every device registered, making it a necessary step for suppliers and individuals alike.

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Apple (AAPL) shares fell following the unveiling of the iPhone 16, Apple Watch Series 10 and AirPods 4.

Shares of the tech titan's stock were down less than 1% following the much-anticipated "It's Glowtime" event, slipping as the benchmark S&P 500 rose about 1%. Apple's shares have fallen in recent days alongside other tech shares, though they're up more than 10% this year.

Historically, Apple's stock price has tended to underperform the market on the day of an iPhone launch event, Morgan Stanley analysts wrote. Growth should come "as the introduction of the iPhone 16 and Apple Intelligence helps to unlock pent-up demand," the analysts said.

Shares could rose if the first iPhone designed specifically with Apple Intelligence in mind ushers in "Cupertino’s biggest upgrade cycle in its history," as analysts at Wedbush predicted over the weekend.

Globally, about 300 million iPhones have not been upgraded in more than four years, which Wedbush says could mean more than 240 million iPhone units sold in fiscal 2025.

Eleven of 16 analysts surveyed by Visible Alpha have a Buy rating for Apple, with an average price target of just over $244. That's a 10% premium over Friday's closing price.

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The Economic and Financial Crimes Commission (EFCC) has brought charges against Ibrahim Nuhu Shuaibu, accusing him of a N100 million fra¥d scheme, Nairameteics reports.

Shuaibu, who is alleged to have impersonated a Group Executive Director of the Nigerian National Petroleum Company Limited (NNPCL), was arraigned before Justice Darius Khobo of the Kaduna State High Court.

The EFCC has charged Shuaibu on seven counts, which include criminal breach of trust, impersonation, and obtaining money under false pretenses-EFCC stated in a post on X.

The charges date back to incidents beginning in 2017, when Shuaibu, under the alias Ishaku Abdulrazak, allegedly conspired with a now-deceased accomplice, Iliya Garba, to defraud victims by promising to supply petroleum products. According to the EFCC, Shuaibu convinced one victim, Faisal Safiyanu, to transfer over N47 million to his account after falsely claiming he would supply petroleum products. Despite receiving the funds, Shuaibu failed to deliver the products, nor did he refund the money, leading to his prosecution by the EFCC.

One of the counts reads: “That you, Nuhu Ibrahim Shuaibu (a.k.a Ishaku Abdulrazak) and lIya Garba (now deceased), sometime in 2017 in Kaduna, within the judicial division of this honourable court, did conspire to obtain money under false pretenses, thereby committing an offence contrary to Section 8(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006, and punishable under Section 1(3) of the same Act.”

Another count specifies that Shuaibu, in 2018, fraudulently obtained N47,050,000 from Safiyanu under the pretense of supplying petroleum products.

The charge notes that Shuaibu knew his claims were false, yet proceeded to defraud the victim. This act is in violation of Section 1(1) (a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006, and punishable under Section 1(3) of the same legislation.

During his arraignment, Shuaibu pleaded not guilty to all seven charges. Following this, the prosecution, led by M. Lawal, requested the court to set a date for trial. However, Shuaibu’s defense counsel, AbdulKareem Audu, did not file a bail application, prompting the presiding judge, Justice Darius Khobo, to order the defendant’s remand in EFCC custody pending the trial.

The EFCC has been investigating Shuaibu’s activities since 2017 when he first presented himself as a senior NNPCL official. Posing as a Group Executive Director, Shuaibu reportedly convinced his victim that he could facilitate the procurement of over 2,000 litres of petroleum products. The victim, believing Shuaibu’s claims to be genuine, transferred funds to him in tranches.

However, after receiving the money, Shuaibu neither fulfilled his promise to supply the products nor returned the funds to the victim.

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