FGN - Abia ThinkTank News

Mar

2026

Ex- Kanu’s Lawyer Confirms Return Of $19,000 USD To Kanu

Ex-Kanu’s Lawyer Confirms Return Of $19,000 USD To Kanu Former counsel to Mazi Nnamdi Kanu, the imprisoned leader of Indigenous People of Biafra, IPOB has confirmed that he actually returned $19,000 Dollars claimed to have been errorneously paid into his bank account by the leadership of IPOB, at the inception of Kanu’s trial. In a press statement issued to newsmen on Tuesday titled: “Important clarification to discerning minds”, Ejiofor noted that for the sake of clarity and in deference to the truth, it has become necessary to place the facts on record. According to him , “this payment in question…

Mar

2026

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By Abia ThinkTank

Ghana Immigration Arrests 93 Nigerians Over ‘Internet Fraud’ In Accra

Crime, FGN, Immigration

Ghana Immigration Arrests 93 Nigerians Over ‘Internet Fraud’ In Accra The Ghana Immigration Service (GIS) says it has arrested 93 Nigerians over alleged involvement in internet fraud and violations of immigration laws. In a statement on Monday, the GIS said the arrest followed an intelligence–led raid on a suspected internet fraud network operating at Devtraco Estate in Accra. According to the statement issued by Maud Anima Quainoo, the suspects comprise 91 males and two females. Quainoo added that 73 victims who had reportedly endured severe abuse and torture at the hands of the suspects were also rescued during the raid.…

Mar

2026

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By Abia ThinkTank

We’ve Survived, Governors No Longer Borrow For Salaries- President Tinubu

Abuja, Economy, FGN, News Flash

We’ve Survived, Governors No Longer Borrow For Salaries – Tinubu President Bola Tinubu has said that Nigeria has overcome economic challenges under his administration, stressing that state governors no longer run to banks for loans to pay salaries. The President made the remarks on Monday while hosting religious and traditional leaders for an interfaith breaking of the fast at the Presidential Villa, Abuja, according to a statement by his spokesperson, Bayo Onanuga. President Tinubu promised to continue making the most of the opportunity given to him to lead the country by sustaining the trajectory of economic growth and prosperity. “I…

Mar

2026

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By Abia ThinkTank

Nigeria Working With Israeli, US Intelligence On Insecurity- Tinubu’s Aide

FGN, News Flash, Presidency

Nigeria Working With Israeli, US Intelligence On Insecurity – Tinubu’s Aide The Presidency has disclosed that Nigeria is collaborating with intelligence agencies from Israel, China, the United States, the United Kingdom, and France to adopt an intelligence-based approach to tackling insecurity across the country. It also said Nigeria will collaborate with any country, including North Korea, if such a partnership serves the nation’s security and economic interests. The Senior Special Assistant to the President on Foreign Affairs and Protocol, Mr Ademola Oshodi, made the disclosure on Monday during an interview on Arise News’ Daybreak programme. Oshodi dismissed a US Congressional…

Mar

2026

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By Abia ThinkTank

Tension Over Subsidy Removal Has Reduced- President Tinubu

FGN, News Flash, Politics

Tension Over Subsidy Removal Has Reduced – Tinubu President Bola Tinubu on Friday night expressed optimism about Nigeria’s economy, stating that better days lie ahead. The President said the tension occasioned by subsidy removal has subsided, noting that at one time many Nigerians had thought his administration could reverse the subsidy removal. “It was initially very difficult for many to understand the direction of my thinking, but I am glad we are out of the dark tunnel. Many even thought we could reverse the subsidy removal. The tension has subsided,” the President said. President Tinubu stated the above when he…

Feb

2026

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By Abia ThinkTank

Nigeria Now Largest Crude Oil Producer In Africa – OPEC

Economy, FGN, News Flash

Nigeria Now Largest Crude Oil Producer In Africa – OPEC Nigeria retained its position as the largest crude oil producer in Africa after an increase in the country’s January output, according to the Organization of the Petroleum Exporting Countries (OPEC) data. In its latest monthly report on Wednesday, the oil cartel said Nigeria’s oil output increased to 1.45 million barrels per day (bpd) in March — from 1.42 million bpd in December According to the international organisation, the latest figure represents a 2.11 percent drop from the previous month’s output. The oil alliance said its figures were derived from direct…

Feb

2026

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CBN Approves BDCs’ Return To Forex Market, Allows Purchase Of Up To $150,000 Weekly

CBN/Commercial Banking, Economy, FGN

CBN Approves BDCs’ Return To Forex Market, Allows Purchase Of Up To $150,000 Weekly The Central Bank of Nigeria (CBN) has authorised licensed Bureau De Change (BDC) operators to resume participation in the Nigerian Foreign Exchange Market (NFEM), in a move aimed at improving liquidity and enhancing access to foreign exchange in the retail segment. The approval was contained in a circular signed by the Director of the Trade and Exchange Department, Dr Musa Nakorji. The circular stated that each licensed BDC is permitted to purchase up to $150,000 weekly, subject to compliance with existing operational guidelines. Under the new…

Feb

2026

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By Abia ThinkTank

I Will Soon Be Arrested By FGN – El-Rufai Reveals, Give Reason

FGN, News Flash, Politics

I Will Soon Be Arrested By FG – El-Rufai Reveals, Give Reason Nasir el-Rufai, former governor of Kaduna, says he expects to be arrested “any moment now” by federal authorities. Speaking in a recent interview with BBC Hausa, el-Rufai said four individuals who worked closely with him during his tenure as governor have already been arrested, adding that he believes he may be involved. He alleged that the ruling All Progressives Congress (APC) is aggressively pressuring politicians—either to defect to the party or to remain inside it—as the battle for 2027 begins to take shape. “Four people who worked with…

Feb

2026

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By Abia ThinkTank

CAC To Register 3,500 Small Businesses For Free Nationwide

Business, FGN, News Flash

CAC To Register 3,500 Small Businesses For Free Nationwide The Corporate Affairs Commission has announced free business name registration for 3,500 small businesses across Nigeria’s 36 states and the Federal Capital Territory (FCT). The Registrar-General of the Commission, Hussaini Magaji, disclosed this in a post on the commission’s X handle on Monday. According to Magaji, the initiative is aimed at reducing the cost of business formalisation for micro and small enterprises and encouraging more entrepreneurs to operate within the formal economy. He said the move reflects the commission’s commitment to promoting entrepreneurship, lowering start-up costs, and supporting inclusive economic growth…

Feb

2026

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By Abia ThinkTank

CAC Wipes Out 400,000 Firms As It Cleans Up Company Register

Business, FGN, News Flash

CAC Wipes Out 400,000 Firms As It Cleans Up Company Register The Corporate Affairs Commission (CAC) has deregistered over 400,000 companies in 2025 over prolonged inactivity and failure to meet statutory requirements, in a move to sanitise the country’s corporate register. Registrar-General of the commission, Mr Hussaini Magaji, who disclosed this during activities marking the CAC’s 35th anniversary in Abuja at the weekend, said the exercise was aimed at strengthening confidence in the country’s corporate regulatory framework. Magaji said the mass deregistration became necessary to weed out inactive and non-compliant entities and protect the integrity of the commission’s database. “In…