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    Home » EFCC Arraigns Bigibet Promoter Over ₦855m Investment Scam
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    EFCC Arraigns Bigibet Promoter Over ₦855m Investment Scam

    Adepoju Emmanuel Abiodun, CEO of Noblesteed Nigeria Ltd, faces 10-count charge for allegedly defrauding investors through a fake lottery capital-raising scheme.
    Atoyebi AdenikeBy Atoyebi AdenikeJuly 9, 2025No Comments1 Min Read
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    Adepoju Emmanuel Abiodun, CEO of Noblesteed Nigeria Ltd, faces 10-count charge for allegedly defrauding investors through a fake lottery capital-raising scheme.
    Adepoju Emmanuel Abiodun, CEO of Noblesteed Nigeria Ltd, faces 10-count charge for allegedly defrauding investors through a fake lottery capital-raising scheme.
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    By Atoyebi Nike

    The EFCC has arraigned Adepoju Emmanuel Abiodun, promoter of Bigibet, before a Lagos High Court over an alleged ₦855 million fraud.

    Abiodun and his firm, Noblesteed Nigeria Limited, face 10 charges of stealing and obtaining money under false pretence.

    In 2021, he allegedly convinced a petitioner to invest in a fake lottery business. The petitioner and others transferred ₦855 million to Abiodun’s account.

    The EFCC said he promised returns but failed to refund investors. One charge states that Abiodun obtained money by lying it was for buying shares in Noblesteed.

    He pleaded not guilty.

    The EFCC asked for his remand. His lawyer said a bail request was filed.

    Justice O.A. Okunuga ordered his remand at the Ikoyi Correctional Centre. The bail hearing is set for July 9. Trial starts September 17.

    See also  Nigeria Partners with Afreximbank, Wakanow, and Others to Boost Creative Economy
    Adepoju Emmanuel Abiodun Bigibet EFCC financial crimes fraud investment scam Lagos court lottery scam Nigerian judiciary Noblesteed Nigeria
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