Author: Gbenga Olaleye

The Nigerian Senate has directed the National Security Adviser (NSA) to investigate the circulation of false reports alleging that Senate President Godswill Akpabio suffered a health emergency and was rushed to a hospital in London. The resolution was adopted during plenary on Tuesday following a point of order raised by Senator Titus Zam, who condemned the spread of what he described as deliberate misinformation across social and digital media platforms. Zam said the reports were not only false but also dangerous, warning that unchecked fake news could undermine public confidence in democratic institutions. According to the lawmaker, the fabrication and…

The Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, citing persistent regulatory violations, weak financial positions and prolonged non-compliance with supervisory requirements. The decision was announced in a press release issued on Monday by the apex bank, stating that the action was taken in line with Section 12 of the Banks and Other Financial Institutions Act (BOFIA) 2020 and Section 7.3 of the Revised Guidelines for Mortgage Banks in Nigeria. According to the CBN, the move forms part of broader efforts to sanitise, reposition and…

An Ogun State chieftain of the Peoples Democratic Party (PDP), Segun Showunmi, has criticised politicians who describe investigations or prosecutions by anti-graft agencies as persecution simply because they belong to opposition parties, warning that such narratives undermine accountability and the rule of law. In a statement issued on Monday, Showunmi said Nigeria’s democracy is not under threat because public officials are being investigated, but rather because some political actors are attempting to weaponise opposition status as immunity from the law. According to him, opposition politics does not confer a licence to steal or serve as a shield against accountability. He…

The Federal Government has commenced construction of the N47 billion Jakara–Wuju–Wuju road and sewage project in Kano metropolis, a major infrastructure initiative aimed at controlling erosion and stimulating economic activities across key parts of the city. The project, which cuts across Gwale, Kano Municipal, Dala and Fagge Local Government Areas, is expected to significantly improve urban mobility, sanitation and environmental management upon completion. Speaking on Tuesday, the Minister of State for Housing and Urban Development, Yusuf Ata, said the Federal Government took over the project at the request of the Kano State Government in order to ensure its timely completion.…

The Chief Digital Officer of Lotus Bank, Akinlabi Adegoke, has cautioned that Nigeria’s newly signed tax cooperation agreement with France must be implemented carefully to safeguard the country’s data sovereignty and strengthen its domestic tax systems. Adegoke made the remarks amid growing public debate over the Memorandum of Understanding (MoU) recently signed between the Federal Inland Revenue Service (FIRS) and France’s Directorate General of Public Finances. The agreement is aimed at enhancing Nigeria’s tax administration through digital innovation, capacity building and improved cross-border cooperation. Speaking on Monday, Adegoke said international partnerships in tax administration have become increasingly common as governments…

Former Vice-President Yemi Osinbajo on Monday inaugurated a 250-bed Modupe and Folorunso Alakija Medical Research and Training Hospital in Osogbo, Osun State, describing the facility as a landmark investment in Nigeria’s healthcare and medical education sectors. The state-of-the-art hospital, donated by philanthropist and Chancellor of Osun State University (UNIOSUN), Dr Folorunso Alakija, was formally handed over to the university to enhance medical training, research and quality healthcare delivery. Speaking at the inauguration, Osinbajo said the hospital occupies a “rare and vital space” in Nigeria’s health ecosystem, serving simultaneously as a centre for learning, research, innovation and patient care. He noted…

Oyo State Governor, Seyi Makinde, on Monday unveiled the official Oyo @50 logo and formally commenced the 50-day countdown to the golden jubilee marking the creation of the Pacesetter State. The governor described the anniversary as a moment to reflect on five decades of progress, growth and development despite prevailing economic challenges in the country. The unveiling ceremony, held at the Governor’s Office, Secretariat, Agodi, Ibadan, attracted prominent traditional rulers, political leaders and eminent citizens of the state. Among those in attendance were a former governor and Olubadan of Ibadanland, Oba Rashidi Ladoja; a former deputy governor, Hamid Gbadamosi; the…

The Nigeria Police Force has announced that it will resume the nationwide enforcement of the tinted glass permit policy from January 2, 2026, citing rising security concerns linked to the misuse of unauthorised tinted vehicle glass across the country. The announcement was made in a statement issued on Friday by the Force Public Relations Officer, Chief Superintendent of Police, Benjamin Hundeyin. According to the police, the decision followed a comprehensive review of emerging security threats and the growing role of vehicles with illegally tinted glass in criminal activities. The Force explained that the move was also taken pending the final…

The Federal Government, states and local government areas shared a total of N1.928tn as Federation Account revenue for November 2025, reflecting a notable decline from the N2.094tn distributed in October. The allocation was approved at the December 2025 meeting of the Federation Account Allocation Committee (FAAC), held in Abuja. This was disclosed in a statement issued on Monday by the Director of Press and Public Relations in the Office of the Accountant-General of the Federation, Bawa Mokwa. According to the statement, “A total sum of N1.928tn, being November 2025 Federation Account Revenue, has been shared to the Federal Government, States…

President Bola Tinubu on Monday held a closed-door meeting with Nigeria’s Service Chiefs at the Aso Rock Presidential Villa in Abuja, in what is widely seen as a critical security briefing amid growing national and regional challenges. Our correspondent observed that the meeting commenced at about 6:01 pm local time, as the Service Chiefs arrived at the forecourt of the Presidential Villa and were subsequently ushered into the President’s office. The high-level engagement marks President Tinubu’s first formal meeting with the military high command since the swearing-in of General Christopher Musa (retd.) as the new Minister of Defence on December…