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Corruption Crackdown: EFCC Rests Prosecution Case After Linking Ali Bello To Multi-Billion Naira Kogi Fund Diversion.

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On Tuesday, June 2, 2026, the Economic and Financial Crimes Commission (EFCC) rested its prosecution case against Ali Bello and Dauda Suleiman after presenting 17 witnesses before Justice James Omotosho at the Federal High Court in Abuja. The defendants are facing a 16-count charge concerning the alleged misappropriation and money laundering of over ₦10.27 billion.....KINDLY READ THE FULL STORY HERE▶

During the proceedings, the final prosecution witness, investigator Ahmed Audu Abubakar, concluded his testimony. The court admitted four statements from Abdulsalam Hudu, the Kogi State Government House cashier, into evidence as exhibits. In his testimony, the witness highlighted a statement detailing a ₦300,000 transaction involving Ali Bello—the current Chief of Staff to Kogi State Governor Ahmed Usman Ododo—purportedly for the purchase of books for a community school project.

Following the discharge of the 17th witness, the prosecution formally closed its case. In response, defense counsel for both defendants indicated their intent to file a “no-case submission”. Justice Omotosho granted the request for a timeline to file these submissions and their respective replies, adjourning the trial until June 15, 2026, for the adoption of written addresses.

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I Won’t Be A Godfather, I Don’t Tolerate Godfathers – Alex Otti.

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Abia State Governor, Alex Otti, has declared that he will not impose a successor upon completing his second tenure in 2031, emphasizing that the incoming leader should be far better equipped to provide quality governance.....KINDLY READ THE FULL STORY HERE▶

Otti made these remarks on Thursday in Umuahia while hosting Ngozi Johnson-Chukwunenye, a former Social Democratic Party (SDP) gubernatorial candidate. Reaffirming his stance against political puppetry, the governor stated that he neither tolerates godfathers nor has any ambition to become one.

Key Highlights from Governor Otti’s Address:

  • Succession Strategy: Otti noted that future leadership should be determined by selecting the most suitable candidate through collective agreement rather than perpetuating a political “sit-tight” culture.

  • Focus on Good Governance: He stressed that once citizens experience effective leadership, returning to previous substandard conditions becomes impossible.

  • Youth Empowerment: Highlighting the need to make space for the younger generation, Otti pointed out that younger, smarter, and better-trained individuals deserve opportunities to lead.

  • Abia Leadership Academy: As part of preparation for future leadership, the administration recently graduated over 1,080 young people aged 16 to 25 from the academy.

Concluding his remarks, Governor Otti affirmed that after finishing his second term, he will take a back seat and will not pursue any other elective office.

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“‘LET IT KILL ME!’: Sowore Vows To Shun Foreign Hospitals And Stay In Nigeria If Elected President!”

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African Action Congress (AAC) presidential candidate Omoyele Sowore has declared that he will never travel abroad for medical care if elected into office.....KINDLY READ THE FULL STORY HERE▶

Appearing as a guest on Channels Television, Sowore stated that if any illness he suffers cannot be treated within Nigeria, he would let it take his life rather than seek medical tourism overseas.

Key Highlights from the Interview:

  • Stance on Medical Tourism: When questioned if he opposed Nigerian leaders seeking treatment abroad, Sowore answered in the affirmative.

  • A Fatal Commitment: Emphasizing his stance on local healthcare, he stated that any medical condition unmanageable in Nigeria “better kill me”.

  • Family and Education: Addressing whether his children would school abroad if he became president, Sowore noted they were born in Nigeria and would likely have finished school by that time.

  • Governance and Personal Life: He maintained that he is coming to serve the Nigerian public rather than burden the system with family liabilities, noting that his children’s choices remain their own.

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“FOREX SLIDE: Naira Records Triple Slump As Dollar Pressure Mounts In Official Markets!”

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The Nigerian Naira experienced a minor setback against the United States Dollar in the official foreign exchange market on Thursday, September 17, 2026.....KINDLY READ THE FULL STORY HERE▶

Data obtained from the Central Bank of Nigeria (CBN) showed that the local currency traded at an official rate of ₦1,331.28 per dollar, shifting from Wednesday’s rate of ₦1,329.86 per dollar. Meanwhile, at the parallel (black) market, the naira closed the day at ₦1,394 against the dollar.

Key Market Highlights:

  • Official Market Movement: The naira recorded a slight dip compared to its position the previous day.

  • Parallel Market Rates: Black market trading closed with the dollar exchanging at ₦1,394.

  • Varying Rates: Actual rates offered by commercial banks and Bureau de Change (BDC) operators may fluctuate based on transaction margins, supply, and demand conditions.

Market analysts and participants remain watchful, keeping a close eye on forex inflows, overall dollar demand, and upcoming CBN policies to gauge the currency’s trajectory for the rest of the month.

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