News
Under Tinubu Nigeria will reclaim its place as Africa’s leader- Dele Alake
President Bola TInubu is working on his plans to ensure that Nigeria takes back its position as the leader of Africa.
This was disclosed Saturday by Chief Dele Alake, Special Adviser to the President on Special Duties, Communication and Strategy.
He said TInubu will achieve that by steering the affairs of Nigeria in the direction of greatness, adding that the President recognises that Nigeria is being looked upon for leadership and is prepared to step up to the challenge.
The President had earlier in the day hosted President Umaro Sissoco Embaló of Guinea Bissau, who paid him a private visit at his Ikoyi, Lagos residence
According to a statement issued by the Director of Information in the State House, Abiodun Oladunjoye, Alake said that while the visit was of a private nature, President Embaló took the opportunity to express his solidarity and willingness to cooperate with Nigeria under the leadership of President Tinubu.
He also highlighted that the visit allowed Embaló, who is currently the Chairman of the ECOWAS Authority of Heads of State and Government, to reinforce the fraternal relations between the two countries.
“President Embalo commended the laudable policy initiatives of President Tinubu in the last one month, noting that everyone in the international community has been commending the giant strides of the Nigerian leader.
“He came to pay his solidarity and bond with a brother African head of state in the first instance, and in particular as a brother head of state in West Africa.
“This is a very commendable sign of things to come in the entire West African region in terms of the atmosphere being generated by Nigeria’s giant steps in the last one month, and the need for Nigeria to take its rightful place in the African affairs.
“Everybody is looking up to Nigeria, especially in Africa and the ECOWAS region, and President Tinubu is ready to take up the gauntlet,” he added.
On the entourage of the visiting Guinea-Bissau leader were his Special Adviser Caramo Camara, Chief of Staff Califa Soares, his Diplomatic Advisor Ambassador Alfredo Cabral and Image Operator Bonifacio Correia.
Those who joined President Tinubu to receive the Guinea-Bissau President included Lagos State Governor Babajide Sanwo-olu, Chief of Staff Femi Gbajabiamila, and Alake.
President Embaló was earlier received at the Presidential Wing of Murtala Muhammed International Airport, Ikeja by Governor Sanwo-Olu.
News
FCT Minister sacks Revenue Service boss
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.
News
Speaker, 14 other River State assembly members decamp to APC
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.
News
CBN rolls out new directives to track financial fraud
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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