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Pastor Taiwo Odukoya is dead

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Pastor Taiwo Odukoya, the senior pastor of Fountain of Life Church, is dead.

The church confirmed his death on its official Facebook page on Tuesday.

“The Fountain of Life Church Family, in total submission to the will of God almighty, announces the passing unto greater glory of our father, teacher, a great servant of the most high God, pastor Daniel Taiwo Odukoya, Founding Pastor of The Fountain of Life Church, who passed unto glory on the 7th of August 2023 in the USA,” the message on the church’s Facebook page reads.

“We are in total submission to you LORD!!! We thank the Lord for the gift of a greater leader!!!”

He was said to have died in the United States of America (USA) on Monday.

Odukoya’s death comes less than two years after he lost his wife, Nomthi, a South African, on November 9, 2021, after a two-year battle with cancer.

Odukoya’s second marriage to Nomthi lasted 11 years and produced two boys.

Before Nomthi, Odukoya was married to Bimbo for 21 years.

However, Bimbo died in the 2005 Sosoliso plane crash which occurred in Port Harcourt, the Rivers capital.

Bimbo who was also a pastor at Fountain of Life Church was mostly known for pioneering the “Single and Married” – a ministry that has been widely acclaimed for preparing youths and couples for fulfilling and lasting relationships.

In December 2021, the pastor also lost his twin sister, Kehinde Hassan, from cancer complications.

Odukoya was 67.

 

 

 

 

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FCT Minister sacks Revenue Service boss

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Myesom Wike, the Minister of the Federal Capital Territory, FCT, has sacked the Acting Executive Chairman of the Federal Capital Territory Internal Revenue Service, FCT-IRS, Mr Michael Ango, of his duties.

The announcement was contained in a statement late Friday by the minister’s Senior Special Assistant on Public Communications and Social Media, Lere Olayinka.

The statement added that the decision takes immediate effect.

Olayinka said the minister directed the most senior official of the FCT-IRS to immediately assume leadership of the agency

“The Minister of the Federal Capital Territory, Nyesom Wike, has sacked the Acting Executive Chairman of the Federal Capital Territory Internal Revenue Service, Mr Michael Ango,” he stated.

He added that “the most senior official of the FCT-IRS has been directed to take over the running of the revenue agency with immediate effect.”

The statement did not provide reasons for the removal.

 

 

 

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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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