$3bn Refinery Fraud: N80bn Found In Sacked MD’s Bank Accounts

The Economic and Financial Crimes Commission has arrested the recently sacked managing directors and some top officials of the Port Harcourt Refining Company, Warri Refining and Petrochemical Company, and Kaduna Refining and Petrochemical Company. The officials were arrested over alleged mismanagement of funds earmarked for the rehabilitation of the facilities. The total amount under investigation…

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FLASH: SEC Uncovers Another Suspected Illegal Investment Platform, Tofro; Warns Nigerians 

The Securities and Exchange Commission (SEC) has uncovered another suspected illegal investment platform identified as TOFRO.COM (Tofro). The Commission raised the alarm in a notice issued yesterday and made available to newsmen. The Commission warned Nigerians against falling for their tactics to obtain money from them through the promise of unusually high returns. SEC said…

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2027: ADC Not Properly Anchored, Does Not Have Structures – Senator Olujimi

A former chieftain of the Peoples Democratic Party (PDP), Senator Biodun Olujimi, has downplayed the coalition platform under the Africa Democratic Congress (ADC) and believes the party does not have the clout to defeat incumbent President Bola Tinubu in the 2027 election. Olujimi, who recently left the opposition PDP for the All Progressives Congress (APC),…

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No Opposition Can Stop Tinubu’s Re-election – Minister Tunji-Ojo 

The Minister of Interior, Olubunmi Tunji-Ojo, has declared that no level of opposition or political gang-up can stop President Bola Ahmed Tinubu’s re-election in 2027. Tunji-Ojo, speaking through his support group, BTO for PBAT, on Saturday, said the President’s bold economic reforms and transformative policies have made his second-term bid “unstoppable.” Speaking on behalf of…

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Canada Scraps Conversion Of Study Permits To Permanent Residency For Foreign Students 

Canada has closed the pathway for international students to convert their study permits into permanent residency under its latest immigration policies. This new regulation mandates that international students return to their home countries upon the expiration of their study visas in Canada, signaling an end to policies that allowed non-citizens with study permits to transition…

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