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UPDATED: Court grants ₦200m bail each to Malami, wife, son

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A Federal High Court in the federal capital territory, on Friday, granted bail to former Attorney General of the Federation, Abubakar Malami, his wife, Asabe Bashir, and their son, Abdulaziz Malami, in an ongoing money laundering case.

Justice Joyce Abdulmalik granted each of the defendants bail in the sum of ₦200 million with two sureties in like sum.

As part of the bail conditions, the court ordered that one of the sureties must deposit title deeds of properties located in either Maitama or Asokoro, both highbrow districts of Abuja.

The court also directed the defendants to deposit their international passports with the court.

Pending the fulfilment of the bail conditions, Malami, his wife and their son are to remain in the custody of the Nigerian Correctional Service.

Justice Abdulmalik subsequently adjourned the matter until March 16, 2026, for the commencement of the trial.

The case forms part of the investigation into alleged financial crimes involving the former chief law officer of the federation and members of his family.

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Malami, alongside his wife and son, is accused of laundering about ₦8.7 billion through a network of companies and property acquisitions.

According to the allegations before the court, the defendants conspired to conceal illicit funds through corporate entities, including Metropolitan Auto Tech Limited and Meethaq Hotels Limited.

Prosecutors also allege that the funds were used to purchase high-value properties in Abuja as well as in other parts of the country, including Kano and Kebbi states.

The matter was recently reassigned to Justice Abdulmalik after earlier judges handling the case recused themselves or transferred the file.

In a separate but related criminal matter, Malami and his son are also facing a five-count charge bordering on alleged terrorism financing and illegal possession of firearms.

The charges include allegations that while serving as Attorney General of the Federation, Malami failed to prosecute suspected terrorism financiers whose case files were forwarded to his office in November 2022.

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They are also accused of unlawful possession of a Sturm Magnum firearm and ammunition, including 16 live cartridges and 27 expended cartridges, allegedly discovered at their residence in Birnin Kebbi in December 2025.

The prosecution of the case was recently taken over by the office of the Attorney General of the Federation, Lateef Fagbemi, from the State Security Service on March 4, 2026.

The court had earlier adjourned that case until March 10, 2026, to allow the Attorney General’s office review the case files.

The legal troubles facing the former AGF have also extended to asset recovery proceedings.

Earlier in 2026, a Federal High Court ordered the interim forfeiture of 57 properties linked to Malami, reportedly valued at about ₦213 billion.

The cases have also generated political reactions, particularly following Malami’s recent move to the African Democratic Congress.

Some of his supporters have alleged that the legal actions against him are politically motivated, claiming they are connected to his defection from the ruling All Progressives Congress.

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The trial in the money laundering case is expected to begin on March 16, 2026, when the court will commence hearing evidence from the prosecution and the defence.

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Tinubu retains Shettima as running mate for 2027

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Vice-President Kashim Shettima on Friday met with President Bola Tinubu at the State House in Abuja shortly after he was retained as the All Progressives Congress (APC) vice-presidential candidate for the 2027 election.

Shettima reportedly visited the president to express appreciation for retaining him as his running mate for the 2027 presidential election.

Shettima’s retention ended weeks of speculation over whether the vice-president would remain on the APC ticket for the next general election.

The party’s decision to retain the Tinubu-Shettima ticket means it will head into the 2027 election with the same presidential team that secured victory in the 2023 poll.

Earlier on Friday, Sunday Dare, special adviser to the president on public communications and orientation, announced that Tinubu had submitted his presidential nomination form to the APC national working committee (NWC).

In a post on his X handle, Dare said Tinubu emerged as the party’s sole presidential candidate for the 2027 election.

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“President Bola Ahmed Tinubu has submitted his nomination form to the APC NWC as our sole presidential candidate for 2027.  He has retained Vice President Kashim Shettima as his running mate,” Dare wrote.

Tinubu and Shettima’s nomination forms were presented to Nentawe Yilwatda, APC national chairman, by Ibrahim Masari, the president’s special adviser on political and other matters, at the Continental Hotel in Abuja.

The ceremony was attended by Hope Uzodimma, governor of Imo and chairman of the Progressive Governors’ Forum, APC governors, members of the party’s national working committee (NWC), the APC caucus in the national assembly, members of the federal executive council (FEC), and other party leaders and stakeholders.

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Good morning! Nigerian Newspapers Headlines: How 44 abducted Oyo pupils, teachers were rescued – Army

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1. The Nigerian Army has revealed how troops, working with other security agencies, rescued pupils and teachers abducted by suspected Ansaru terrorists in Oriire Local Government Area of Oyo State after 56 days in captivity. The Army said the victims regained their freedom following an intelligence-led operation that lasted for more than a month and targeted the kidnappers’ network and hideouts in the Old Oyo National Park and other parts of the country.

According to a statement issued hours after the rescue on Friday by the Acting Deputy Director, 2 Division Army Public Relations, Lt. Col. Danjuma Danjuma, the operation involved troops of the Nigerian Army led by the General Officer Commanding 2 Division, Maj. Gen. Chinedu Nnebeife

2. Tokyo police have arrested a 53-year-old Nigerian, Nwadiukwu Ikenna, on suspicion of persistent touting in the Japanese capital’s Kabukicho nightlife district. According to the Tokyo Metropolitan Police Department on Friday, Ikenna allegedly approached a passer-by and grabbed the individual by the left hand on a street in the district during the early hours of Thursday, July 9, 2026

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3. Minister of Aviation and Aerospace Development, Mr Festus Keyamo, SAN, has demanded a public apology from the Nigerian Democratic Congress, NDC Presidential Candidate, Peter Obi, over claims that his vehicle was unfairly clamped at the Nnamdi Azikiwe International Airport, Abuja. The Minister while clarifying the incident insisted that CCTV footage belied Obi’s allegations of political persecution.

4. A Federal High Court in Abuja has again rescheduled its planned judgment in the suit by the Economic and Financial Crimes Commission, EFCC for the final forfeiture of about 57 properties allegedly acquired unlawfully by a former Attorney General of the Federation (AGF), Abubakar Malami (SAN), to July 15. Justice Joyce Abdulmalik had earlier fixed the judgment for July 6 after taking final arguments and submissions from lawyers for the parties in the case.

5. Governor Siminalayi Fubara of Rivers on Friday presented the 2026 appropriation bill of N1.85 trillion to the Rivers State House of Assembly. The bill, tagged ”Budget of Resilience for Growth and Development.” Fubara said that the proposed total operating revenue for 2026 was projected to increase by 24.49 per cent over the 2025 adjusted budget projections.

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6. Three Mexican nationals and seven other suspects have been remanded in prison by a Federal High Court in Lagos. The defendants, including a 63-year-old alleged drug baron, Anochili Innocent, were arraigned before Justice Musa Kakaki on Friday on an 11-count charge bordering on conspiracy, unlawful production and possession of methamphetamine valued at N480bn, operation of a drug trafficking organisation and unlawful possession of precursor chemicals.

7. Troops of Operation Hadin Kai, in the early hours of Friday, repelled an attempted infiltration by Islamic State of West Africa Province terrorists into three communities near Maiduguri, the Borno State capital. The acting Media Information Officer of the Joint Task Force North East, Operation Hadin Kai, Capt. Muhammad Goni, said in a statement that the affected communities were Muna Garage, Shuwari Village and the Ajilari Cross area.

8. The Federal High Court in Abuja on Thursday affirmed the powers of the Federal Competition and Consumer Protection Commission to investigate consumer complaints over airline ticket pricing, ruling that the commission’s authority to conduct investigations is distinct from its statutory power to regulate or fix prices.

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9. The Enugu Zonal Directorate of the Economic and Financial Crimes Commission has arraigned the Group Managing Director of Brass Engineering and Construction Nigeria Limited, Egwuche Gladys, for alleged abuse of office and embezzlement of public funds to the tune of $600,000 (N827 million). This was disclosed in a statement posted by the EFCC on its X page on Friday, adding that Gladys was arraigned alongside the firm on a 12-count charge before Justice F. O. Giwa-Ogunbanjo of the Federal High Court at Independence Layout, Enugu State

10. President Bola Tinubu has expressed joy over the successful rescue of the pupils and teachers abducted from Oriire community in Ogbomoso, Oyo State. Tinubu commended the military, the Department of State Services, DSS and the Nigeria Police for securing the victims’ release after 56 days in captivity. The commendation is in a statement issued by the Presidential Spokesperson, Mr Bayo Onanuga, on Friday in Abuja.

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Ogbomoso pupils, teachers rescue a big relief to Nigeria – Tinubu

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President Bola Tinubu on Friday evening said the rescue of the abducted pupils and teachers from schools in Oriire LGA of Oyo state has brought relief to the entire nation.

The president’s special adviser on information and strategy, Bayo Onanuga, said in a statement that Tinubu “expressed profound joy” over the successful rescue of the victims.

Onanuga said the president commended the military, the Department of State Services (DSS), and the police “for working round the clock in the last 56 days to secure the release of the abducted children and their teachers without any collateral damage and for arresting eight of the abductors and neutralising others.”

Onanuga said Tinubu also expressed regret over the suffering endured by the children, their teachers, their families, and the nation since the abduction.

The president praised the Oyo state government for working closely with the federal government throughout the rescue operation and urged the state to strengthen security around schools.

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“I am profoundly happy that our security forces successfully rescued the abducted pupils and teachers from Orire, Ogbomoso in Oyo State today after a military, police and intelligence-driven operation that neutralised some of the terrorists that perpetrated the evil act and the arrest of eight of them,” the statement reads.

“This successful military operation has ended the siege and standoff of over 50 days and has brought relief to the entire nation and the affected families in particular. 

“On behalf of the country, I express my gratitude to the officers and men of our armed forces, the intelligence agencies and the police for the safe rescue of the children and their teachers.

“My government will get justice for these children and their teachers and for the family of Mr Oyedokun, who the terrorists gruesomely murdered.

“I must commend the government of Oyo State for working cooperatively with us in bringing this unfortunate incident to a successful end.”

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The president also directed emergency agencies to work with the Oyo state government to provide the rescued children and teachers with all necessary medical care and relief support.

According to reports, the pupils and their teachers were rescued during a joint operation involving personnel of the Nigerian Army and the police, backed by intelligence from the DSS.

A security source said at least nine of the bandits were killed during the operation, while eight were arrested and are in the custody of the DSS.

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