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JUST IN: Kanu Blasts FG, Calls Lawyer Terrorist In Open Court
Embattled leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, appeared to have lost his cool at the Federal High Court in Abuja, which led to verbal attacks on the government’s legal team.
This followed the court turning down his bail application on Monday, despite its coming with several options for the court to look into.
A visibly angry Kanu, who had been in detention on allegations of treasonable felony, for about three years, called the prosecution counsel, Gboyega Awomolo, a terrorist and dishonest man.
The court had turned town Kanu’s plea for bail or transfer him from the custody of the Department of State Services (DSS) to the correctional service.
Another option that Kanu placed before the court was to place him under house arrest.
The presiding judge, Binta Nyako, turned down Kanu’s bail application in its entirety.
In the opinion of the Justice Nyako, the only option available to Kanu was to take the matter before the appellate court.
However, Justice Nyako ordered the DSS to consistently grant Kanu access to his legal team. She ruled that this should not exceed five people on every visiting day.
She ordered that Kanu must be given “a clean place” to consult with his lawyers at the DSS detention facility, adding that the IPOB leader must be granted access to a doctor of his choice.
Justice Nyako also cautioned that any attempt by Kanu’s legal team to file similar applications before the court would be regarded as a gross abuse of the judicial process.
In Kanu’s reaction to the ruling, he accused the Nigerian Government of violating the constitution and other international treaties following his forceful rendition to Nigeria.
In his words, “My lord, you said in your earlier ruling that you will not grant me bail until you make a determination about the reason for my disappearance. But you have not done so.
“At this stage, I am of the opinion that you can’t try me without first looking into that.”
On what sounded like an attempt to explain his ‘disappearance’, Kanu pointed out that “The criminals came to my house to kill me!
“I don’t understand why my trial must be conducted contrary to the provisions of the Constitution of the Federal Republic of Nigeria. This is the law of Nigeria as of today.
“This court is in violation of the laws of Nigeria. Section 2(3)(f) of the Terrorism (Prevention and Prohibition) Act, 2022, is very clear.”
It was at this point that Awomolo interjected, urging Kanu’s legal team to call him to order.
This led to the unthinkable as Kanu turned to Awomolo and tore him to shreds with his tongue.
“This man is a terrorist for conducting a trial in violation of an international treaty that Nigeria entered into. Once a treaty is entered into and signed, it becomes a law.” Kanu told the court.
On the entire court process, Kanu expressed the opinion that no court Nigeria was competent to try him.
A visibly angry Kanu, who brandished books including what many believed included the Nigerian constitution and other treaties said, “They are all terrorists! No court can try me in Nigeria. Anything done in violation of any treaty entered into by Nigeria is an act of terrorism.”
Turning to the prosecution counsel again, Kanu, said, “This man here is a terrorist as at today. He is a dishonest man! You are a terrorist! Who the hell are you? Follow what the law says.
“I have been in detention for over three years. You are the Chairman of the Body of Benchers and you are violating the laws of this country.”
A visibly shocked Awomolo, a Senior Advocate of Nigeria (SAN), said that he was not angry about Kanu’s outburst.
“I am not a terrorist and I am not provoked by the action of the defendant. It is understandable. He is only being emotional,” he said.
The matter was adjourned to June 19 and 20 for continuation.
The much awaited Africa’s largest Initial Public Offering by the Dangote Petroleum Refinery and Petrochemicals (DPRP) has been formally flagged off on the Nigerian Exchange (NGX).
President and Chief Executive Officer, Dangote Industries Limited (DIL), Aliko Dangote, marked the commencement of the offer by ringing the opening bell at the NGX trading floor in Lagos on Monday.
The transaction marks a significant milestone for Nigeria’s capital market, as the DPRP becomes the first refinery in the Nigerian Exchange’s 66-year history to open its shares to public subscription.
READ ALSO: Dangote Refinery Opens Landmark IPO Today
The offer comprises 4.1 billion new ordinary shares priced at N525 per share, allowing investors to acquire an equity stake in Africa’s largest refinery.
Retail and institutional investors, as well as eligible investors across Africa, can participate in the public offer.
Investors can subscribe for a minimum of 10 shares, requiring an investment of N5,250 at the offer price.
The offer opened on Monday, September 14, 2026, and is scheduled to close on October 13, 2026, subject to the terms and conditions contained in the offer prospectus.
At the ceremony, Dangote highlighted that the public offer was part of a broader effort to expand public participation in owning his companies.
“We will lease every company that we operate,” he said.
The launch attracted prominent dignitaries, including Lagos State Governor Babajide Sanwo-Olu, members of the Dangote family and captains of industry.
The Securities and Exchange Commission (SEC) has warned prospective investors against fraudsters, fake platforms and unauthorised individuals seeking to take advantage of the Dangote Petroleum Refinery and Petrochemicals Initial Public Offering (IPO).
The Commission issued the warning in a public notice dated Monday, September 14, 2026, following its approval for the IPO by Dangote Petroleum Refinery and Petrochemicals FZE to open to the public.
The SEC urged investors to exercise caution and ensure that all applications and payments relating to the IPO are made only through the officially designated and approved receiving agents, subscription channels and platforms.
ALSO READ: Dangote Calls Refinery IPO ‘People’s IPO’ as N2.15tn Offer Opens
The Commission advised prospective investors to obtain information about the IPO only from the SEC’s official channels, the issuer’s official channels and other official channels established and approved for the offer.
It also urged investors to verify the authenticity of any website, platform or link before providing personal or financial information.
According to the SEC, investors should follow only the officially announced subscription or application process and IPO timetable and should “Avoid transferring funds to any person or entity claiming to receive applications/subscriptions outside the approved channels.”
The Commission further advised investors to verify that their chosen registered Capital Market Operator’s channels or platforms for the offer are duly authorised and approved.
The SEC also warned investors to “Avoid responding to unsolicited calls, WhatsApp messages, social media advertisements, emails or other channels/platforms that offer or guarantee allotments or preferential allocation.”
The regulator urged prospective subscribers to carefully read the approved Prospectus and understand the terms, conditions and risks associated with the investment before making any subscription.
SEC warns against fake IPO agents
The Commission stressed that the existence of an individual, company, digital platform or social media account does not, by itself, constitute approval or authorisation to receive applications or funds from investors in respect of the offer.
The SEC therefore advised prospective investors to contact SEC-registered stockbrokers, banks or registered Investment advisers for guidance before subscribing.
The Commission also urged the public to “VERIFY” the registration status of companies, entities, platforms or individuals offering investment opportunities before entering into any transaction with them.
Investors can verify the registration status of operators through the SEC’s dedicated portal for registered fintech operators or through the Commission’s Capital Market Operators platform.
The warning comes as the Dangote Petroleum Refinery and Petrochemicals IPO officially opens on Monday, September 14, 2026, following the Commission’s approval.
The Commission listed its contact details as +2342094621168-9 and [email protected], while its WhatsApp contact is 0916 772 3240.
The SEC urged investors to remain vigilant and rely only on verified and authorised channels throughout the IPO process.
Investor demand for the Dangote Petroleum Refinery and Petrochemicals initial public offering (IPO) has reached a historic level, with subscription activity surging across digital investment channels.
Data released by the Nigerian Exchange (NGX) on its official X handle on Monday showed that total transaction volume had surpassed 402,634, pushing the total subscription value to ₦1,476,171,994,112, approximately ₦1.476 trillion.
The figures, displayed on the #NGXInvest command centre dashboard, highlight the strong appetite among investors for the landmark offering.
More details shortly.
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