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EFCC Alleges Political Smear Plot Against Olukoyede, Vows To Fight Back.
The Economic and Financial Crimes Commission has warned of an alleged coordinated smear campaign by politicians and interest groups aimed at undermining its investigations and discrediting its leadership.....KINDLY READ THE FULL STORY HERE▶
The EFCC claimed that a network of hired agents comprising politicians, academics, self-styled civil society activists, and some Nigerians residing abroad had been mobilised to carry out what it described as deliberate campaigns of calumny.
The Commission said the attacks were designed to falsely portray it as politically biased through what it termed unfounded and fabricated allegations, with the ultimate objective of distracting and intimidating the agency into abandoning sensitive cases.
According to the EFCC, the strategy is to overwhelm the Commission with propaganda and fear tactics, particularly to discourage investigations involving opposition politicians, by creating the impression of partisanship.
The agency warned that the smear campaign is expected to intensify as the political climate heats up ahead of the 2027 general elections, noting that the activities of those behind the alleged plot were being closely monitored.
The EFCC stressed that it would not tolerate any attempt to derail its constitutional mandate of promoting accountability and transparency in public life, insisting that political pressure would not deter its operations.
Reaffirming its neutrality, the Commission stated that its actions are guided strictly by the provisions of its Establishment Act and the Constitution, adding that political affiliation offers no protection against investigation or prosecution.
The agency noted that several prominent figures from both the ruling and opposition parties are currently under investigation or standing trial, demonstrating that its enforcement actions cut across party lines.
The EFCC also dismissed claims of alignment with any political party, maintaining that it has no alliance or operational relationship with any political organisation.
It clarified that public statements referencing the presumption of innocence of suspects were consistent with constitutional principles and should not be interpreted as a defence of any individual or political group.
The Commission concluded by warning that it would not succumb to blackmail or pressure to make public disclosures on politically exposed persons under investigation, vowing to continue executing its mandate without fear or favour.
The Defence Headquarters (DHQ) has introduced a new toll-free emergency hotline, 193, designed to empower Nigerians to report security threats directly to the authorities. The announcement was made by the Director of Defence Media Operations, Maj Gen Michael Onoja, during an Abuja press briefing on Wednesday, where he detailed the military’s performance for June and the second quarter of 2026.....KINDLY READ THE FULL STORY HERE▶
Call to Public Action
Maj Gen Onoja emphasized the critical role of public cooperation in counter-insurgency efforts, urging citizens to share reliable information with the nearest military units or via the 193 hotline. He provided strong assurances that all reports submitted through these channels will be handled with strict confidentiality.
Q2 2026 Operational Highlights (April – June)
The military reported significant successes in its campaign against insurgency and criminal activity throughout the second quarter:
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Neutralizations: 662 terrorists and criminals were neutralized.
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Arrests: 1,084 suspects were taken into custody.
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Rescue Operations: 951 kidnapped civilians were successfully liberated.
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Surrenders: 39 insurgents laid down their arms.
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Logistics & Arms: Troops recovered 328 weapons, 12,590 rounds of ammunition, and dismantled 12 illegal refining sites while seizing over 464,268 litres of stolen petroleum products.
June 2026 Performance Snapshot
For the month of June specifically, the military’s efforts included:
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Neutralizing 129 terrorists and criminals.
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Arresting 486 suspects.
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Rescuing 542 kidnapped individuals.
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Securing the surrender of 11 insurgents and recovering 130 firearms along with 5,538 rounds of ammunition.
Strategic Accomplishments
The briefing also highlighted specific tactical achievements, including the apprehension of suspected terrorist informants across Niger, Kwara, Kogi, and Oyo states, as well as the successful repelling of attacks in Borno and Adamawa. Maj Gen Onoja concluded that these results serve as clear evidence of the military’s consistent professionalism and steadfast commitment to operational excellence across all theaters of conflict.
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Your Money Is Safe! NDIC Begins Multi-Billion Naira Refund Following Nationwide Bank Closures!
The Nigeria Deposit Insurance Corporation (NDIC) has initiated the process of taking over the operations and assets of 46 microfinance banks after the Central Bank of Nigeria (CBN) withdrew their operating licenses. The revocation follows the banks’ failure to satisfy the regulatory requirements necessary to maintain their standing within Nigeria’s banking sector.....KINDLY READ THE FULL STORY HERE▶
In a statement released on Wednesday by Hawwau Gambo, the Head of Communication and Public Affairs, the NDIC issued a strict warning to the public to cease all banking transactions with these institutions, as they are no longer authorized to operate. Furthermore, the corporation cautioned against any interference with the banks’ records, assets, or property, noting that such actions are illegal and could result in prosecution.
Liquidation Process and Depositor Protection
Appointed as the official liquidator under the Banks and Other Financial Institutions Act 2020 and the NDIC Act 2023, the corporation is now managing the closure of these institutions. Key aspects of this process include:
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Asset Management: The NDIC has begun taking possession of the failed banks to settle their affairs.
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Verification: Efforts are currently underway to verify depositor claims to facilitate the payment of insured deposits.
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Transparency: The agency has committed to providing regular updates to depositors regarding the liquidation process and any subsequent necessary steps.
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Omoyele Sowore, the 2027 presidential candidate for the African Action Congress (AAC), has outlined a platform focused on major structural reforms to key Nigerian institutions.....KINDLY READ THE FULL STORY HERE▶
Sowore has pledged to implement the following changes if elected President:
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Abolition of JAMB: He intends to dissolve the Joint Admission and Matriculation Board, arguing that university admissions should be handled directly by the institutions through a transparent, merit-based process rather than through additional bureaucratic layers.
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Replacing NYSC: The current National Youth Service Corps (NYSC) would be scrapped in favor of a two-year, voluntary “National Job Corps”. This new program is intended to provide participants with practical skills, entrepreneurship support, and clear pathways to permanent employment.
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Focus on Youth Opportunities: Sowore emphasized that instead of compulsory schemes, young Nigerians require genuine job opportunities and the autonomy to determine their own futures.
Allegations Regarding Kuje Correctional Centre
Following his recent release from detention, Sowore also highlighted concerns regarding the conditions at the Kuje Correctional Centre in Abuja.
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Overcrowding and Health Concerns: Sowore alleged that the facility is severely overcrowded, housing over 1,158 inmates, including 37 individuals currently receiving treatment for tuberculosis.
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Legal Context: Sowore had been remanded at the facility by Justice Muhammed Umar of the Federal High Court in Abuja following a case linked to comments he made regarding President Bola Tinubu.
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Criticism of State Institutions: After being granted bail on Tuesday, July 30, 2027, Sowore condemned the alleged use of government institutions to intimidate critics and suppress political dissent.
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