Cardoso: Nigeria must embrace cryptocurrency regulation as market matures
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called for a pragmatic and collaborative approach to regulating cryptocurrency in Nigeria, acknowledging its rapid growth and the need for a structured framework to manage its impact on the financial system. The post Cardoso: Nigeria must embrace cryptocurrency regulation as market matures appeared first on Nairametrics.
Military operations alone won’t end Boko Haram – Bishop Kukah
The Catholic Bishop of Sokoto Diocese, Most Rev. Matthew Kukah, says Nigeria cannot defeat insurgency through military operations alone. Kukah made this statement while reviewing ‘Scars: Nigeria’s Journey and the Boko Haram Conundrum’, a new book authored by Lucky Irabor, former Chief of Defence Staff. The Bishop stated that Nigeria’s reliance on military doctrines and
Military operations alone won’t end Boko Haram – Bishop Kukah
The Catholic Bishop of Sokoto Diocese, Most Rev. Matthew Kukah, says Nigeria cannot defeat insurgency through military operations alone.
Kukah made this statement while reviewing ‘Scars: Nigeria’s Journey and the Boko Haram Conundrum’, a new book authored by Lucky Irabor, former Chief of Defence Staff.
The Bishop stated that Nigeria’s reliance on military doctrines and repeated counter-insurgency operations had failed to produce lasting peace because Boko Haram represented an ideology, not just an armed threat.
“For years, we have had Operation Lafiya Dole, Operation Restore Order, Operation Hadin Kai, Operation Safe Haven, and many others.
“Yet, when one operation fails, another is launched. These operations have not ended the insurgency because you cannot fight an idea with weapons alone,” he said.
Military operations alone won’t end Boko Haram – Bishop Kukah
Taraba Govt partners arms control agency to curb illicit weapons proliferation
In a bid to tackle the growing threat of illegal arms, the Taraba State Government has pledged to collaborate with the National Centre for the Control of Small Arms and Light Weapons, NCCSALW. The announcement came during a courtesy visit to the state by the NCCSALW North-East Zonal Coordinator, Major General Abubakar. Representing the governor,
Taraba Govt partners arms control agency to curb illicit weapons proliferation
In a bid to tackle the growing threat of illegal arms, the Taraba State Government has pledged to collaborate with the National Centre for the Control of Small Arms and Light Weapons, NCCSALW.
The announcement came during a courtesy visit to the state by the NCCSALW North-East Zonal Coordinator, Major General Abubakar.
Representing the governor, the Speaker of the State House of Assembly, John Kizito Bonzena, emphasized the urgency of addressing arms proliferation, particularly given Taraba’s strategic location bordering other states and countries affected by cross-border arms smuggling.
Governor Kefas, through the Speaker, reiterated his administration’s commitment to strengthening security through targeted partnerships and initiatives.
“We recognize the danger posed by the unchecked flow of illegal arms. Taraba is ready to work closely with the NCCSALW to restore peace and ensure the safety of our people,” he stated .
Gen. Abubakar commended the state government’s ongoing security efforts and stressed the importance of collaboration between all stakeholders.
He described the unchecked proliferation of small arms and light weapons as a major threat to Nigeria’s national security and stability.
“The Centre is not just here to regulate arms but to also raise awareness about the dangers posed by illegal weapons,” he said, calling for active participation from security agencies, traditional institutions, youth groups, and religious leaders.
Established in 2021 under the Office of the National Security Adviser, the NCCSALW is tasked with the responsibility of developing policies and coordinating efforts to control arms trafficking across Nigeria.
Taraba Govt partners arms control agency to curb illicit weapons proliferation
Ex-FCTA Finance Director Duku jailed 24 years for money laundering
A former Director of Finance and Administration with the Federal Capital Territory Administration, FCTA, Garuba Mohammed Duku, has been sentenced to 24 years imprisonment. He was on Friday jailed by the Federal High Court in Abuja which found him guilty of the six-count money laundering charges brought against him by the Independent Corrupt Practices and
Ex-FCTA Finance Director Duku jailed 24 years for money laundering
A former Director of Finance and Administration with the Federal Capital Territory Administration, FCTA, Garuba Mohammed Duku, has been sentenced to 24 years imprisonment.
He was on Friday jailed by the Federal High Court in Abuja which found him guilty of the six-count money laundering charges brought against him by the Independent Corrupt Practices and other Related Offences Commission, ICPC.
Justice James Omotosho pronounced Duku guilty and sentenced him accordingly after reviewing the evidence and exhibits tendered during trial by ICPC and the testimonies of witnesses in the trial.
The judge convicted Duku on the six counts, sentencing him to four years for each count.
Following the passionate plea for leniency by the convict, and being a first offender, Justice Omotosho ordered that the sentence should run concurrently meaning that the convict will only serve four years in jail, beginning from October 3, 2025.
However, the convict may not serve time in jail as the judge gave him an option of N1.6 billion fine, to be paid to the Federal Government in place of the jail term.
Duku who served as Director of Finance and Administration under Abuja Metropolitan Management Council, AMMC, was found guilty of unlawfully taking possession of N318 million belonging to his employer.
He was convicted under Section 18 (2) of the Money Laundering Prevention and Prohibition Act after the judge rejected his defense.
Justice Omotosho ordered that the convict should serve his jail term at Kuje Prison in Abuja.
Ex-FCTA Finance Director Duku jailed 24 years for money laundering
Presidential visit: Mutfwang urges Plateau residents to give Tinubu rousing welcome
Ahead of President Bola Tinubu’s visit to Plateau State, Governor Caleb Mutfwang has called on residents to come out en masse and give him a rousing welcome. The DAILY POST reports that the President will be visiting the state on Saturday for the burial of the late mother of the National Chairman of the All
Presidential visit: Mutfwang urges Plateau residents to give Tinubu rousing welcome
Ahead of President Bola Tinubu’s visit to Plateau State, Governor Caleb Mutfwang has called on residents to come out en masse and give him a rousing welcome.
The DAILY POST reports that the President will be visiting the state on Saturday for the burial of the late mother of the National Chairman of the All Progressives Congress, APC, Prof. Nentawe Yilwatda.
Mutfwang made the call on Friday in his remarks at the Distinguished Alumni Lecture of the University of Jos, delivered by the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, SAN.
The lecture, titled, ‘The Nigerian Justice System in a Digital Age: Opportunities, Challenges and the Road Ahead’, attracted a cross-section of eminent personalities from the legal and academic communities.
The governor stressed the importance of unity, peace, and harmony in advancing the development of the State and the country at large.
He said, “Tomorrow, we will be receiving Mr. President in Jos, Plateau State, as he comes to honour our late mother, the mother of my dear brother, the National Chairman of the APC.
“I am confident that Plateau people will give Mr. President a warm and rousing welcome. I believe that his visit will afford him a deeper appreciation of Plateau and its people.”
Mutfwang reiterated his conviction that Plateau State remains one of the best places to live in Nigeria, endowed with rich human and natural resources yet to be fully harnessed.
“We cannot realise our full potential if we continue to pull one another down. We must remain our brothers’ keepers and work collectively to bring Plateau to the place of honour that God has destined for us,” he remarked.
The governor also commended Fagbemi for delivering a thought-provoking lecture, which he said offered valuable insights into how technology is shaping justice delivery in Nigeria.
Earlier in his lecture, Fagbemi underscored the transformative role of technology in the legal system, describing it as a necessity for ensuring swift, accurate, and accessible justice.
He recalled that the turning point came during the COVID-19 pandemic when the Chief Justice of Nigeria introduced practice directions for virtual hearings. Since then, some state judiciaries have adopted innovations such as e-filing and digital cause lists, while others still rely on traditional paper processes.
According to him, the legal profession is gradually embracing a hybrid model where physical and virtual processes complement one another.
“The lesson is clear: technology in justice is not a luxury but a necessity in today’s interconnected world. However, its adoption must be deliberate, inclusive, and rooted in the core values of justice. Nigeria must not copy blindly, but adopt wisely,” he emphasized.
Presidential visit: Mutfwang urges Plateau residents to give Tinubu rousing welcome
Court extends freeze on Osun LG funds in 30 bank accounts
The Oyo State High Court in Ibadan has extended its interim injunction restraining the United Bank for Africa, UBA, from allowing withdrawals on 30 bank accounts into which withheld Osun State local government allocations were lodged by the Central Bank of Nigeria, CBN. Justice Ladiran Akintola, in a ruling on Friday, prolonged the order, first
Court extends freeze on Osun LG funds in 30 bank accounts
The Oyo State High Court in Ibadan has extended its interim injunction restraining the United Bank for Africa, UBA, from allowing withdrawals on 30 bank accounts into which withheld Osun State local government allocations were lodged by the Central Bank of Nigeria, CBN.
Justice Ladiran Akintola, in a ruling on Friday, prolonged the order, first issued on September 26, until October 9, 2025.
The extension, he said, was necessary to give all parties in the case, including the Attorney-General of Osun State, the Osun State Local Government Service Commission, and UBA Plc, an opportunity to be fully heard.
While counsel to UBA was not present in court, senior lawyer Kazeem Gbadamosi, SAN, representing former All Progressives Congress, APC, council chairmen, appeared after filing applications seeking to join the matter and to contest the court’s jurisdiction.
Counsel to the plaintiffs, Musibau Adetunmbi, SAN, requested additional time to respond, noting that the applications were only filed late Thursday and Friday.
He also argued that the ex-council chiefs lacked the legal standing to raise jurisdictional issues since their request to be joined had not been granted.
Gbadamosi countered that his clients were directly affected by the interim order and therefore had the right to be joined. He also contended that the court lacked the authority to extend what he described as an “expired” order.
In support of the plaintiffs’ position, a fresh affidavit filed by Mrs Rachael Abidemi, Head of Local Government Administration in Boluwaduro LGA, alleged attempts to illegally withdraw council funds in breach of the subsisting order.
She pointed to a letter purportedly sent to UBA directing the diversion of 15 percent of statutory allocations into the account of a private law firm, insisting the instruction was unlawful as it did not come from recognised council officials.
The plaintiffs maintained that the question of who the legitimate council chairmen are is still before the Supreme Court in Suit No. SC/CV/773/2025, warning that any disbursement of the funds could prejudice the apex court’s decision.
Speaking with journalists after the session, Adetunmbi said the extension was a safeguard to prevent the possible diversion of billions of naira under questionable claims.
“The essence of this preservation order is to secure the funds pending the Supreme Court’s hearing on Tuesday, October 7,” he explained. “Without it, the money in dispute could easily vanish under the guise of legal fees or other deductions.”
The case has been adjourned to October 9, 2025, for further hearing.
Samia sets 2030 target for Hanang’s wheat to hit one million tonnes
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Protect our children: NGOs warn of election risks ahead of October 29
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Gyakie named cover star for Apple Music’s Alpha playlist
Ghanaian singer-songwriter Gyakie has been unveiled as the latest cover star for Apple Music’s Alpha playlist, a platform dedicated to celebrating Africa’s leading female artists. Sharing the news on her official Facebook page, Gyakie expressed her excitement at being recognised as part of a space that highlights women making history and reshaping the music landscape across the continent. “I’m excited to have been selected as the cover star of Apple Music’s Alpha playlist – the home…
Umahi threatens termination of BUA, CCECC road contracts over slow pace of work
The Minister of Works, David Umahi has threatened to terminate the road contracts awarded to BUA International and the China Civil Engineering Construction Corporation, CCECC, over slow pace of work. Umahi issued the threat on Friday during an inspection of federal roads across the Edo Central and Edo South. DAILY POST reports that BUA International
Umahi threatens termination of BUA, CCECC road contracts over slow pace of work
The Minister of Works, David Umahi has threatened to terminate the road contracts awarded to BUA International and the China Civil Engineering Construction Corporation, CCECC, over slow pace of work.
Umahi issued the threat on Friday during an inspection of federal roads across the Edo Central and Edo South.
DAILY POST reports that BUA International was awarded the construction of the Ekpoma section of the Benin-Ekpoma- Auchi Expressway while CCECC is also engaged in road construction in the state under the NNPC Tax Credit Scheme.
Expressing dissatisfaction with the jobs, Umahi said, “From Benin to Ekpoma alone is 53km, and CBC has begun work on the first stretch, already covering 2km without a single payment made. This is commendable.
“However, CCECC must sit up. By Monday, if I do not see efficiency in at least two sections, their contracts will be terminated. President Tinubu is determined to build roads that will last 50 to 100 years, not the short-lived projects of the past.”
The minister, who applauded BUA International for its handling of the Ekpoma section of the expressway, described the quality as excellent.
He, however, urged the company to accelerate completion of its first 10km before end of October, warning that failure could result in termination of contracts nationwide.
Umahi also read the riot act to federal directors and controllers that they must leave their offices and monitor projects on-site.
“If I visit any state and encounter gridlock like I did here today, I will immediately redeploy the state director and controller to Abuja,” he warned.
He opined that if the President is working for the people, his officers must also do the same.
Umahi noted that President Bola Tinubu is committed to rewriting the history of road construction in Nigeria by ensuring durability and sustainability.
He commended Governor Monday Okpebholo for his ongoing interventions and urged the Edo State Government to intensify its support in alleviating the plight of road users.
The minister also visited some parts of the ongoing reconstruction of the Benin-Asaba Expressway, recently handed over to a concession company.
The inspection tour took the delegation to Ujueolen, the Ekpoma stretch of the Benin–Auchi–Lokoja Expressway, and Egbele in Uromi, where both the minister and Governor Monday Okpebholo expressed deep displeasure at the condition of the roads.
At the site, Umahi expressed dismay and instructed the contractors to immediately provide some palliative measures to reduce the daily stress road users endure.
During the inspection, the minister handed over the completion of one full carriageway from Ewu to Agbor to the Edo State Government.
He explained that while the Federal Ministry of Works will handle the design, execution will be managed locally by the state government.
On his part, Governor Okpbholo expressed gratitude to President Tinubu for prioritising Edo roads, noting that the administration’s renewed focus has inspired confidence among the people.
Umahi threatens termination of BUA, CCECC road contracts over slow pace of work




