The Economic and Financial Crimes Commission (EFCC), has explained why it declared former Minister of Humanitarian Affairs, Sadiya Umar Farouq, wanted, saying she is being investigated over alleged criminal conspiracy, abuse of office and diversion of public funds. The anti-graft agency, in a notice published on its official website on Saturday, said the former minister was declared wanted in connection with an ongoing investigation into the alleged mismanagement of public funds during her time in office. According to the commission, Farouq, 52, is an indigene of Zamfara State, with her last known address listed as EN008, Okpo River, off Agulu…
Author: Abdoulaye Kay
The Transition Monitoring Group (TMG), has condemned alleged comments by the former Minister of Communications and Digital Economy, Isa Ali Pantami, warning against the use of religion to inflame political tensions ahead of the 2027 general elections. In a statement signed by TMG Chairman, Auwal Rafsanjani, the election monitoring group described remarks allegedly credited to Pantami concerning electoral outcomes in Gombe State and across the country as inflammatory, irresponsible, and capable of undermining Nigeria’s democracy. TMG warned that statements suggesting resistance or confrontation over election results could erode public confidence in democratic institutions and encourage political violence. “TMG condemns in…
A governorship aspirant of the All Progressives Congress in Yobe State ahead of the 2027 general elections, Kashim Musa Tumsah, has donated relief materials and cash to victims of the accidental airstrike that reportedly killed scores of residents in Jilli village, Borko District of Gaidam Local Government Area. The incident occurred on Saturday in Jilli village, with several residents reportedly injured and others killed in the strike. According to a statement issued by the spokesman of the KMT Campaign Organisation, Abubakar Ahmed, the donations included bags of rice, cartons of spaghetti, gallons of cooking oil and cash support meant to…
The naira ended the first trading week of May 2026 on a relatively stable note against the United States dollar, closing at N1,364/$ in the official foreign exchange market. Data from the Central Bank of Nigeria (CBN) showed that the local currency maintained a positive trajectory for most of the week, reinforcing signs of improving stability in Nigeria’s foreign exchange market. The latest performance extends the gains recorded at the end of April and reflects growing market confidence in the ongoing foreign exchange reforms introduced by the apex bank. Throughout the week, the naira traded within a relatively narrow range,…
The World Health Organisation (WHO) on Friday said the risk posed to the general public by the deadly hantavirus outbreak linked to a cruise ship remains “extremely low,” stressing that the disease spreads only through very close contact. “This is a dangerous virus, but only to the person who’s really infected, and the risk to the general population remains absolutely low,” WHO spokesman Christian Lindmeier told journalists in Geneva. He noted that even passengers who shared cabins aboard the affected MV Hondius cruise ship were not always infected, underscoring the virus’s limited transmissibility. ALSO READ WHO confirms 2 hantavirus cases,…
A Federal High Court in Abuja on Thursday convicted former Minister of Power, Saleh Mamman, over a N33 billion fraud and money laundering case filed against him by the Economic and Financial Crimes Commission (EFCC). Justice James Omotosho delivered the judgment, holding that the prosecution proved its case beyond a reasonable doubt in the 12-count amended charge brought against the former minister. The court found Mamman guilty of illegally diverting funds meant for the Mambilla and Zungeru Hydroelectric Power projects during the administration of former President Muhammadu Buhari. Justice Omotosho ruled that the former minister violated anti-money laundering laws by…
Governor of Katsina State, Dikko Radda, has revealed that informants within government circles, security agencies, and local communities are supplying intelligence to bandits, helping them evade arrest and carry out attacks across the state. Speaking during an exclusive interview with Channels Television, Radda said the activities of the informants were frustrating efforts to tackle insecurity in the state. The governor specifically identified a notorious bandit leader known as Mohammed, alleging that he receives timely information from collaborators embedded within communities and official structures. “This notorious person that is disturbing us — we know him. He is Mohammed; that is his…
The Central Bank of Nigeria (CBN) allotted N731.75 billion at its Treasury Bills Primary Market Auction held on Wednesday, May 6, 2026, amid sustained investor appetite for longer-dated government securities. Auction results showed total subscriptions rose to N2.41 trillion, far above the N700 billion offered across the 91-day, 182-day, and 364-day tenors. Demand remained heavily concentrated on the 364-day Treasury bill, reflecting investors’ preference for locking in high yields amid lingering macroeconomic uncertainty and ample system liquidity. The one-year instrument attracted subscriptions of N2.23 trillion against an offer of N550 billion, with the CBN allotting N600.49 billion. For the 182-day…
The Senate has reversed its recent amendment to the Standing Orders, a move that reopens the contest for key leadership positions in the 11th National Assembly and could pave the way for fresh contenders in the race for Senate President in 2027. The decision followed a motion moved by the Senate Leader, Opeyemi Bamidele, who explained that the amendments introduced two days earlier to Section 2(2) and Section 3(1) might, after further constitutional and legislative scrutiny, create constitutional inconsistencies and unintended tensions. With the reversal, all duly elected senators are now eligible to participate in the election of presiding officers…
The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, on Wednesday hosted a delegation from Standard and Poor’s (S&P Global Ratings) as part of the agency’s periodic review of Nigeria’s sovereign credit ratings. The S&P Global team, led by its Global Head of Sovereign Ratings, Mr Roberto Sifon-Arevalo, held discussions with the CBN governor during a working visit to Nigeria, which forms part of a broader engagement with key government ministries, departments and agencies. During the meeting, Cardoso highlighted Nigeria’s improving macroeconomic fundamentals, resilience and the positive outcomes of ongoing economic reforms initiated by the current administration.…