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Nuhu Ribadu officially takes over from Monguno as NSA

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Former EFCC Chairman, Nuhu Ribadu on Monday formally took over as the National Security Adviser. He was appointed to the position by President Bola TInubu on June 19.

The office was handed over to him by the former NSA, Major General Babagana Monguno (retired).

It is the first time in some years now that a non military person is taking charge of the NSA’s position.

Speaking after the take over, Ribadusaid the administration of President Tinubu had enormous responsibility of securing Nigeria, stabilise it and ensure peace in all parts of the country, adding that his responsibility is a work for Nigerians.

“We will stabilise this country, we will secure our country and we will make Nigeria peaceful because we believe time has come for this country to enjoy peace, restore order and rule of law just like any other country in the world.

“Securing the nation is a continuous process. We will look at what has been done and build on it. We will count on your support in the course of discharging our responsibilities.

“Mr. President has a huge commitment to securing every inch of our country. We will work with all stakeholders to deliver on this vision.

“This enormous task of securing our country is that of all Nigerians, and all friends of Nigeria,” he said and solicited the full cooperation of all servicemen and women, and by extension all Nigerians.

He said there was need to unite to accomplish the present administration’s quest for a more stable, peaceful and prosperous Nigeria.

In his remarks, the former NSA, Monguno, said that Rubadu is well equipped, well qualified, well educated and have a very deep understanding of the complexity of the security challenges confronting the federal Republic of Nigeria.

He said that the new NSA had the capacity to tackle whatever challenges that he might encounter having served in the various positions, saying that Ribadu was starting on a good footing.

“For me, I have been able to handover a comprehensive note to him and also brief him extensively.

“For me, I want to give gratitude to the Almighty God for giving the grace to serve for such a long time and also allowing me to depart in good health and enjoy the rest of my life in an atmosphere that is bereft of the type of pressure that are associated with this all important office..”

 

 

 

 

 

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Speaker, 14 other River State assembly members decamp to APC

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15 members of the Rivers State House of Assembly, led by Speaker Martin Amaewhule, have left the Peoples Democratic Party, PDP, for the All Progressives Congress, APC.

Amaewhule disclosed the lawmakers’ decision during Friday’s plenary, attributing their defection to what he called a “clear division” within the PDP.

“Distinguished colleagues, very happily, let me announce that your Speaker has decided, and has indeed written to my ward chairman of my decision, to leave the PDP. APC is my new party,” Amaewhule said.

Amaewhule’s Deputy, Dumle Maol, is one of the 16 lawmakers that joined APC as well.

All the lawmakers, who have jumped ship, are core loyalists of the Minister of the Federal Capital Territory, FCT, Chief Nyesom Wike.

 

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CBN rolls out new directives to track financial fraud

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The Central Bank of Nigeria,has rolled out a new framework ito expedite handling of fraud accusations and refund victims.

Customers must report suspected fraudulent transactions within 72 hours under this draft guideline, and financial institutions have 16 working days to look into the matter and repay money.

The action comes in the wake of a dramatic increase in banking sector fraud.

According to data from the Financial Institutions Training Center, losses in the first quarter of 2025 increased to ₦3.29 billion, a startling 603 percent increase over the previous year. In the same time frame, reported cases also increased to 12,347.

The November 26, 2025, proposed regulations seek to improve bank accountability, expedite reimbursements, and boost prevention.

Director of the Financial Policy and Regulation Department Rita Sike signed the circular, which describes stricter regulations intended to prevent fraud before it occurs.

The apex bank’s ongoing fight against financial fraud has advanced with the adoption of this guidance. To enhance cooperation between operators, it established the Nigeria Electronic Fraud Forum in 2011.

It directed banks to establish specialized fraud bureaus four years later. By requiring BVN or NIN for account opening, it reinforced Know Your Customer checks in 2023.

 

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DSS arrests medical doctor treating wounded terrorists

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Operatives of the Department of State Service have arrested a medical doctor treating wounded kidnappers inside the forest in different parts of Kwara State.

The suspect, whose name could not be ascertained at press time, was also involved in supplying drugs to kidnapping gangs operating in Kwara.

The DSS intercepted the medical doctor in the Jebba area after intelligence reports revealed that some couriers had been moving medical supplies from Sokoto to treat wounded bandits hiding in forests across the state.

A security official said many of the criminal groups have sustained gunshot injuries in recent encounters with forces.

The source said, “So, we are advising improved security measures in health facilities in thickly forested areas which the kidnappers may target.”

Confirming the development, the Chief Press Secretary to the Governor of Kwara State, Rafiu Ajakaye, said the arrest was another significant breakthrough in ongoing efforts to combat banditry.

Ajakaye noted that the state government will continue to strengthen collaboration with security agencies to shut down all channels aiding kidnapping activities.

 

 

 

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