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Soludo mourns ex-Ohaneze scribe Prof. Ben Nwabueze

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Anambra State Governor, Prof Chukwuma Charles Soludo, CFR, has expressed condolences on the passing of the former Secretary-General of Ohaneze Ndigbo, a most distinguished Anambra State-born legal luminary and national patriot, Prof. Ben Nwabueze, SAN, NNOM, CON, who died on Sunday 29, October 2023.

Governor Soludo in his tribute to the late legal luminary and elder statesman remarks that Prof. Nwabueze’s influence extended far beyond his home state, noting that he lived all his life inspiring generations of legal minds and citizens alike to strive for a more just and equitable society.

As a towering figure in the field of constitutional law and an elder statesman of unparalleled integrity in Nigeria, the legacy of Prof. Nwabueze will forever be etched in the annals of our nation’s history. His unyielding commitment to the cause of constitutionalism, justice and equity has left an indelible impact on Nigeria.

A Statement Monday by Christian Aburime, Presee Secretary to the Governor said that Governor Soludo further said his wisdom and tireless efforts in advocating for democratic ideals have also guided our nation through some of its most pivotal moments.

He said- “The government and the good people of Anambra State, join in mourning the loss of this great son and patriot, whose phenomenal contributions to our state and country will never be forgotten.

“We pray that the Almighty God grant his soul eternal rest as we also extend our deepest condolences to his family, friends, and all who were touched by his wisdom and dedication.

“May his legacy continue to inspire generations to come.”

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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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