Author: Friday Omosola

The Economic and Financial Crimes Commission (EFCC) and the Corporate Affairs Commission (CAC) have reaffirmed their commitment to collaborating in the fight against corruption. This commitment made during a visit by EFCC Chairman, Ola Olukoyede, to the CAC Registrar-General and CEO, Ishaq Magaji aimed to foster economic growth and create a more transparent business environment. Olukoyede expressed appreciation to the CAC management and staff for their prompt responses and support in assisting the EFCC’s operations. READ ALSO: NCYP urges EFCC to monitor local govt funds He emphasised that both agencies are working towards their mandates in the interest of the…

Since January 13, 2025, the Lagos State House of Assembly has been embroiled in intense drama, beginning with the abrupt removal of Speaker Mudashiru Obasa. Political analysts speculated that the removal was linked to Obasa’s ambition to succeed Governor Babajide Sanwo-Olu, though this remains unconfirmed. Despite the uncertainties surrounding the reasons for his ouster, Obasa’s removal while he was away has dramatically reshaped Lagos’ political landscape, sparking widespread debates on governance, accountability, and security. As each new development unfolds, the situation continues to captivate the attention of both the public and political analysts, shedding light on the evolving power dynamics…

Osun State Governor Ademola Adeleke has directed residents, including politicians across political divides, to stay away from the local government secretariats to protect public properties and avoid further bloodshed. On Monday, The New Daily Prime gathered that Remi Abass, the allegedly reinstated Chairman of Irewole Local Government in Osun State, was reportedly murdered by armed thugs believed to be loyal to the ruling Peoples Democratic Party (PDP) after they took control of the council’s secretariat in Ikire. This follows a dispute between the two major political parties over control of the local government, with the All Progressives Congress (APC) asserting…

The United States (US) has finalized plans to repatriate 201 Nigerians, including individuals with criminal records and those residing in the country without proper documentation.   This move is part of a broader immigration enforcement effort under President Donald Trump’s administration. The US government cited violations of immigration laws and criminal records as reasons for the deportation. During a meeting with US Ambassador Richard Mills at Tafawa Balewa House in Abuja, Nigeria’s Minister of State for Foreign Affairs, Bianca Odumegwu-Ojukwu, addressed concerns over the impending deportation. READ ALSO: Three Nigerians win election in US, Australia The minister stated that those being…

A Federal High Court in Abuja has granted former Petroleum Minister Diezani Alison-Madueke permission to amend her legal challenge against the final forfeiture of her assets. The New Daily Prime reported that Alison-Madueke was previously ordered by the Economic and Financial Crimes Commission (EFCC). Justice Inyang Ekwo approved the request on Monday after Alison-Madueke’s lawyer, Godwin Inyinbor, moved the motion, which was unopposed by EFCC’s counsel, Divine Oguru. During the hearing, Inyinbor informed the court that they had already submitted the amendment request and duly served the defendant. With no objection from the EFCC, Justice Ekwo ruled in favor of…

Vice President Kashim Shettima has expressed deep sorrow over the passing of Pa Ayo Adebanjo, a prominent leader of Afenifere. The New Daily Prime earlier that Adebanjo died on Friday at the age of 96.  The Vice President in his tribute described Adebanjo as a steadfast advocate for a more equitable and progressive Nigeria. Reflecting on Adebanjo’s immense contributions to Nigeria’s democratic journey, he highlighted his role as Organizing Secretary of the Action Group and his leadership in the National Democratic Coalition (NADECO) during the military era. The Vice President emphasised that Adebanjo’s life was marked by his unwavering commitment…

At the 38th Ordinary Session of the African Union (AU) Heads of State and Government, President Bola Tinubu urged the AU Peace and Security Council (AUPSC) to prioritise the establishment of a Combined Maritime Task Force to strengthen security in the Gulf of Guinea. Speaking yesterday, President Tinubu, represented by the Minister of Foreign Affairs, Ambassador Yusuf Tuggar, expressed Nigeria’s readiness to host the headquarters of the task force in Lagos. He emphasised the need for a coordinated regional approach to combat security threats in Africa’s maritime domain. “The time has come for the African Union Peace and Security Council…

Nigeria has expressed strong opposition to a proposed restructuring of the African Union’s (AU) Department of Political Affairs, Peace and Security (PAPS), arguing that such a move would be unnecessary and financially burdensome. Bayo Onanuga, President Bola Tinubu’s Special Adviser on Information & Strategy, in a statement, said his stance was conveyed by the Minister of Foreign Affairs, Ambassador Yusuf Tuggar, during deliberations on AU reforms.  While backing broader efforts to make the continental body more effective, Nigeria rejected the proposal to carve out a new department from PAPS, currently headed by Nigerian diplomat Ambassador Bankole Adeoye. “We do not…

The Socio-Economic Rights and Accountability Project (SERAP) has given the Central Bank of Nigeria (CBN) a 48-hour ultimatum to withdraw the recent increase in Automated Teller Machine (ATM) transaction fees, describing it as unlawful and unfair.   In an open letter dated February 15, 2025, and signed by its Deputy Director, Kolawole Oluwadare, SERAP warned that the policy would worsen financial hardship for Nigerians. The CBN recently announced that ATM withdrawals outside bank premises would now attract a N100 charge per N20,000, with an additional surcharge of up to N500 at certain locations. SERAP argued that the policy favors banks while…

A report from the Edo State Administrative Panel of Enquiry has exposed alleged financial mismanagement amounting to N96 billion, linking former Governor Godwin Obaseki and the recently impeached 18 Local Government Chairmen to questionable transactions. The panel, inaugurated on December 18, 2024, was tasked with scrutinizing the financial records of the affected local councils between September 4, 2023, and November 2024. Governor Monday Okpebholo, who received the findings over the weekend vowed to escalate the matter to the Economic and Financial Crimes Commission (EFCC) for further investigation. READ ALSO: Osun gov reaffirms commitment to religious equity, cultural heritage According to…