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“Catch Me If You Can”: DG Of Phantom Presidential Council Vows To Battle Legal Charges!.
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Legal Defense: Adeniyi Adeyemi, who identifies as the Director-General of the PFIPC, has denied accusations of forgery and impersonation. He stated he is prepared to defend himself in a court of competent jurisdiction to clear his name.....KINDLY READ THE FULL STORY HERE▶
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Government Stance: The Presidency has labeled the PFIPC a “fictitious” organization, with spokesperson Bayo Onanuga describing Adeyemi as a “con artist” who used forged documents to impersonate a government official. Police investigations have reportedly led to an eight-count charge of forgery, impersonation, and fraud filed against Adeyemi and two associates at the Federal High Court in Abuja.
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Adeyemi’s Allegations: Adeyemi denies all wrongdoing and claims his legal troubles stem from a dispute with the Chief of Staff, Femi Gbajabiamila. He alleged that the disagreement began after he refused a request from the Chief of Staff for a 48 per cent share of the agency’s ₦27.39 billion take-off grant. He further claimed that ₦400 million was collected by proxy and demanded an independent investigation by President Bola Tinubu.
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Budgetary Discrepancies: The controversy is compounded by the appearance of the organization in the 2026 Appropriation Bill, which listed an allocation of ₦1.303 billion for the entity.
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Procedural Details: While the Presidency maintains that the agency does not exist and alleges that Adeyemi attempted to use fraudulent documents to open bank accounts, they noted that no government funds were successfully transferred into those accounts. The case is scheduled to proceed in the Federal High Court in Abuja on July 27.
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Massive Blow To Terror Cells: Government Reveals 1,721 Convictions In Ruthless Pursuit Of Security!.
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Terrorism Convictions: The Federal Government has successfully secured 1,721 convictions for terrorism and related offenses since the mass trial program began in October 2017. These proceedings, coordinated by the Office of the National Security Adviser (ONSA) in partnership with the Federal Ministry of Justice, the judiciary, and various security and international partners, have concluded 10 phases of trials.....KINDLY READ THE FULL STORY HERE▶
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The first three phases (2017–2018) resulted in 366 convictions.
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Phase Four (2023) added 14 convictions, while Phases Five and Six (2024) produced 351.
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Phases Seven and Eight (2025) saw 125 convictions.
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Phases Nine and Ten (2026) were the most impactful, yielding 865 convictions, which represents more than half of the total convictions recorded since the program’s inception.
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The program has also ensured that individuals against whom the prosecution could not prove its case were appropriately discharged or acquitted.
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Military Operations (January–June 2026): Between January and June 2026, the Defence Headquarters reported 14,221 operations across various states, including Borno, Yobe, Taraba, Katsina, and others. These efforts resulted in:
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1,597 terrorists and insurgents neutralized.
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1,516 kidnapped victims rescued.
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Recovery of 451 firearms, over 16,000 rounds of ammunition, and 161 explosive devices.
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Police Enforcement: The Nigeria Police Force reported significant successes in the first half of the year, including:
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The arrest of 50 suspects linked to terrorism, kidnapping, and robbery by the Force Intelligence Department.
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The dismantling of a 33-member criminal syndicate in Kwara State.
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The recovery of approximately 60 tonnes of vandalized railway materials estimated at ₦400 million.
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Security agencies continue to urge the public to share timely and credible intelligence to assist in these ongoing national security efforts.
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The Power Brokers’ Secret Deal: What Tambuwal And Amaechi Actually Whispered About!
On Thursday, Senator Aminu Waziri Tambuwal, the former Governor of Sokoto State, hosted Chibuike Rotimi Amaechi, the African Democratic Congress (ADC) vice-presidential candidate, in a meeting described as a significant effort to bolster the party’s position for the 2027 general elections. Tambuwal congratulated the former Rivers State Governor on his selection as the ADC’s running mate, noting that Amaechi’s extensive public service background will be instrumental in the party’s pursuit of providing strong national leadership.....KINDLY READ THE FULL STORY HERE▶
According to Senator Tambuwal, the discussions centered on fostering a more unified and inclusive political platform aimed at addressing Nigeria’s pressing issues and advancing democratic governance.
Furthermore, the former Speaker of the House of Representatives praised the Federal High Court’s ruling on Thursday, which affirmed the party leadership led by Senator David Mark. Tambuwal hailed the decision as a triumph for constitutional democracy and the rule of law, noting that it resolves previous leadership disputes.
“The judgment has effectively laid to rest all legal uncertainties surrounding the party’s leadership, allowing members to devote their full attention to strengthening the ADC and presenting Nigerians with a credible alternative founded on justice, inclusion, competence and national renewal,” Tambuwal stated. He concluded by encouraging party members to remain united and focused on these core ideals to better serve the aspirations of the Nigerian people.
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Trading Update: Dollar Exchange Rate Lingers Near ₦1,369 Mark This Friday!
Are you looking for the current black market (parallel market/Aboki FX) exchange rate? Below are the details for July 2, 2026, which you can use as a reference for your transactions.....KINDLY READ THE FULL STORY HERE▶
Parallel Market (Black Market) Rates
According to Bureau De Change (BDC) sources, the rates at the Lagos parallel market on Thursday, July 2, 2026, were as follows:
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Selling Rate: ₦1,408 per dollar.
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Buying Rate: ₦1,396 per dollar.
Central Bank of Nigeria (CBN) Official Rates
For official comparisons, the CBN reported the following ranges for the same day:
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Highest Rate: ₦1,373
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Lowest Rate: ₦1,360
Important Disclaimer: Please be aware that the Central Bank of Nigeria (CBN) does not officially recognize the parallel market. The CBN advises all individuals seeking foreign exchange to conduct transactions through authorized commercial banks. Additionally, please note that actual market rates can fluctuate and may vary from the figures provided here depending on your specific location and transaction source.
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