Experts Question Oversight Over Fake Agency Scandal
On a programme Standpoint hosted at Emirate 98.5 fm, Dr Adegbite Adeshina of the Department of Performing Arts, University of Ilorin, and Dr Adebiye Oluwashina of the Department of Political Science, University of Ilorin, have raised concerns over the alleged fake government agency scandal, describing it as a reflection of deeper institutional and systemic problems. […]
IGP Removes Six MOPOL Commanders Over Extortion Allegations
The Inspector-General of Police, Olatunji Disu, has removed six Commanding Officers of the Nigeria Police Force Mobile Police (MOPOL) and Operations units attached to TotalEnergies EP Nigeria Limited in Port Harcourt, Rivers State, following allegations of extortion involving personnel under their command. The officers were reportedly removed after a police investigative panel set up […]
EFCC Freezes Osun State Account Ahead of Governorship Election
The Economic and Financial Crimes Commission (EFCC) has reportedly frozen an Osun State Government account with First Bank, 10 days before the state’s governorship election. According to documents obtained, the account, which is reportedly used for the payment of workers’ salaries, was placed under a “Post No Debit” restriction by the anti-graft agency. The […]
Dangote Refinery completes landmark $2.5billion private Equity Placement
Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has successfully completed a landmark Private Equity Placement that raised approximately US$2.5 billion in new equity, following a highly successful offering. The transaction, which is believed to be Africa’s largest publicly disclosed primary equity private placement, marks a significant milestone in the history of the company and […]
LG Autonomy Stalls Despite ₦10.48tn FAAC Allocations
Nearly two years after the Supreme Court ordered the direct payment of federal allocations to Nigeria’s 774 local government councils, implementation of the landmark judgment remains largely stalled, despite councils receiving ₦10.48 trillion in Federation Account Allocation Committee (FAAC) disbursements during the period. An analysis of FAAC reports, using data from the National Bureau of […]
Senate Confirms Yuguda as CBN Deputy Governor
The Nigerian Senate on Wednesday confirmed Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN), following a recommendation by its Committee on Banking, Insurance and Other Financial Institutions. The confirmation came after the committee, chaired by Adetokunbo Abiru, presented its report during plenary. Abiru said the nominee met all requirements under […]
BREAKING: Tinubu Reshuffles Cabinet, Replaces Finance Minister
President Bola Ahmed Tinubu has approved a minor cabinet reshuffle affecting the membership of the Federal Executive Council, with changes announced in the ministries of finance and housing. According to a memo signed by the Secretary to the Government of the Federation, George Akume, Minister of Finance and Coordinating Minister of the Economy, Wale Edun, […]
KW-IRS Seeks EFCC Collaboration on Tax Compliance
The Executive Chairman of the Kwara State Internal Revenue Service, KW-IRS, Folashade Omoniyi, on Thursday, March 12, 2026, led members of the management team of the Service on a courtesy visit to the Ilorin Zonal Director of the Economic and Financial Crimes Commission, EFCC, ACE I Victoria Ugo, at the Commission’s office in GRA, Ilorin. […]
States Budget N525bn For Security Votes In Three Years
States across Nigeria earmarked a combined N525.23 billion for security votes and related operations between 2023 and 2025, according to an analysis of approved state budgets published on Open States, a BudgIT-backed public finance portal. The spending surge comes amid persistent insecurity nationwide, despite security being constitutionally led by the Federal Government. Rising incidents of […]
Tax Committee Refutes KPMG Claims On Nigeria’s New Laws
The Presidential Fiscal Policy and Tax Reforms Committee has responded to recent concerns raised by KPMG regarding Nigeria’s newly enacted tax laws, which took effect on January 1, 2026. In a statement released on X, Committee Chairman Taiwo Oyedele said much of KPMG’s critique stemmed from misunderstandings of the policy intent and deliberate reform choices, […]
