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FRSC rolls out Mobile Courts in Cross River – Tribune Online

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FRSC rolls out Mobile Courts in Cross River – Tribune Online


The Federal Road Safety Corps (FRSC) has intensified enforcement of traffic regulations in Cross River State with the deployment of mobile courts and special intervention patrols, as part of strategies to curb traffic infractions during the end-of-year travel rush.

The Sector Commander of FRSC in the state, CC Innocent Etuk, disclosed this during an interview, explaining that the initiative, known as Operation Zero, commenced on December 15 and will run until January 15, 2027, to address the anticipated surge in vehicular movement during the festive season.

According to him, the operation is aimed at ensuring free flow of traffic, reducing road crashes and checking excesses of motorists, especially during a period when many Nigerians travel to celebrate the holidays or visit loved ones.

“As part of our mandate, we are empowered to identify intervention patrols and also conduct mobile court sittings. Since I assumed office in June, we have conducted four mobile courts. A total of 157 motorists were arraigned; 153 were convicted, while four were discharged,” he said.

He noted that traffic offences such as overloading and attempts to bribe FRSC personnel remain the most prevalent violations. Within the period under review, he said no fewer than 384 motorists had been booked for attempting to corrupt officers, while overloading cases recorded between the third and fourth quarters stood at about 548 incidents.

The commander lamented the attitude of some commercial motorcyclists and tricycle (keke) operators who often operate without valid driver’s licences, stressing that no motorist is above the law.

“Once you are on the road, the law binds you. Many power bike riders and keke operators feel they are above the law, but the only thing that qualifies you to be behind the wheel is a valid driver’s licence,” he said.

He explained that special squads, including the command’s “crash squad,” have been deployed to focus specifically on corruption-related offences and overloading, adding that joint night patrols with sister agencies, including the Department of State Services (DSS), had also yielded positive results.

On inter-agency collaboration, the FRSC boss described the relationship with other security agencies in the state as “very cordial,” noting that joint operations had strengthened enforcement and compliance.

He said the command’s aggressive enforcement drive had paid off, as Cross River State ranked third nationwide in booking motorists who attempted to bribe FRSC personnel in the last quarter.

Ahead of the annual Calabar Carnival, the sector commander assured residents and visitors that adequate manpower and strategies were already in place to manage the expected influx of vehicles into the state.

“Our men are already on the roads. We have mapped out strategic locations such as the Christmas Village, Eight Miles, 11-11 Roundabout and entry points from Odukpani. We are running multiple shifts, including late-night operations, to ensure free flow of traffic,” he said.

He stressed that early deployment of personnel remained key to traffic management, noting that preventing gridlock was more effective than responding after congestion had built up.

The commander also disclosed that the long-standing backlog of driver’s licences had been cleared nationwide, with Cross River State currently recording about 5,196 unclaimed licences across its centres in Calabar, Ikom and Ogoja. He urged motorists who had completed their capture to visit the relevant centres or Board of Internal Revenue offices to collect their licences.

Calling for a collective approach to road safety, he emphasised that drivers, passengers and pedestrians all had roles to play in reducing crashes and fatalities.

“Road safety is a collective responsibility. We want a paradigm shift where everyone obeys traffic rules and takes responsibility for their safety. Our goal is to build a strong safety culture in Cross River State in line with national road safety strategies,” he said.

He also commended the Cross River State Government for providing a conducive working environment for the command and praised residents and transport unions for their cooperation, expressing optimism that sustained enforcement and awareness would continue to change attitudes and improve compliance on the state’s roads.

READ MORE FROM: NIGERIAN TRIBUNE



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Super Eagles end 2025 in 38th spot

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Super Eagles end 2025 in 38th spot


Nigeria’s Super Eagles closed the 2025 football calendar ranked 38th in the latest FIFA/Coca-Cola Men’s World Ranking, a modest finish that places them among the world’s top 40 but still short of Africa’s leading pack.

The December 2025 edition of the rankings, released after 42 international fixtures worldwide, reflects results from a busy period dominated by the FIFA Arab Cup Qatar 2025 and the tail end of various continental qualifiers.

Nigeria finished the year with 1,502.46 points, sitting fifth in Africa behind Morocco, Senegal, Egypt and Algeria.

This is the best in three years, as the Super Eagles finished 2023 and 2024 significantly lower, in 42nd and 44th positions, respectively.

While the Super Eagles improved their position compared to earlier updates, the ranking underlines a year of mixed fortunes.

Nigeria recorded a convincing 4–1 victory over Gabon, followed by a 1–1 draw with DR Congo, before suffering a painful penalty shootout defeat that ended their hopes of qualifying for the 2026 FIFA World Cup.

Those results provided enough points to lift the team slightly, but not enough to challenge Africa’s elite.

Memory lane

Historically, Nigeria’s current standing reflects a period of fluctuation.

According to FIFA’s ranking data, the Super Eagles’ highest-ever position is fifth, while their lowest is 82nd.

The team’s average historical ranking stands at 39th, indicating how closely their current position aligns with long-term performance trends.

Nigeria’s biggest rise in a single year has been a jump of 25 places, while their steepest fall was a drop of 27 places.

At the top of the global table, Spain remain number one, having reclaimed the summit in September 2025 and successfully defended it to end the year ahead of world champions Argentina and France.

The rest of the top 10 remained unchanged, with England, Brazil, Portugal, the Netherlands, Belgium, Germany and Croatia all holding their positions.

On the African front, Morocco continue to set the pace, ranked 11th globally after winning the FIFA Arab Cup in Doha.

The Atlas Lions are now within touching distance of the world’s top 10, trailing Croatia by just 0.54 points—their closest approach since April 1998.

Senegal, Egypt and Algeria complete Africa’s top four, keeping Nigeria firmly in pursuit rather than contention.

Further down the rankings, Jordan emerged as one of the year’s notable climbers, rising two places to 64th after finishing runners-up at the Arab Cup, while Vietnam and Singapore made the biggest jumps by rank.

READ ALSO: Top five young stars poised to shine at AFCON 2025

Kosovo stood out as the most improved team by points in 2025, thanks to an impressive unbeaten run.

In terms of confederation balance, UEFA continue to dominate the top 50 with 26 teams, while CAF maintain seven representatives—unchanged from last year.

For Nigeria, ending 2025 in 38th place offers limited consolation after the disappointment of missing out on the expanded 2026 World Cup.

With the Africa Cup of Nations now underway in Morocco, the Super Eagles have an immediate opportunity to consolidate or improve their standing.

A strong showing at the continental tournament could not only restore confidence but also push Nigeria closer to Africa’s top four—and back toward the global prominence their history suggests they belong.



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PiggyVest User Reaches Payday After Saving Consistently for Rent, Shares New Development

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PiggyVest User Reaches Payday After Saving Consistently for Rent, Shares New Development


  • A Nigerian lady has expressed her excitement on social media after saving up money for rent all year
  • In a video, she mentioned the name of the platform where she saved the cash and rejoiced over her ability to achieve that
  • Although she noted that the money wouldn’t be going for rent anymore, she still felt proud of her financial discipline during the year

A Nigerian lady earned congratulatory messages online after sharing a personal milestone with netizens.

This achievement centred on financial discipline which she developed and exhibited in the year 2025.

Piggyvest user who saved up for rent says she's diverting the money do something else.Piggyvest users celebrates reaching her payday.
Photo credit: @dordorbaby4/X.
Source: Twitter

Lady saves up rent on Piggyvest

In her post shared via the X app, she celebrated the completion of a year-long savings goal.

According to her, it was a feat she felt proud to achieve despite a change in how the funds would eventually be used.

Identified as @layemz on X, she disclosed that she had committed herself to setting aside money throughout the year specifically for accommodation expenses.

Read also

Mother drains bank account to fly daughter over kidnapping fears: “I would rather go broke”

She relied on the Piggyvest platform, acknowledging its role in helping her stay disciplined and organised.

Reaching the end of the savings period was a moment of pride for her, as it represented months of discipline and careful planning rather than impulsive spending.

However, she mentioned a new development, stating that the funds which were originally intended for rent, would no longer serve that purpose.

Lady who saved up for rent rejoices as she gets to payday.Piggyvest user over the moon as her payday finally approaches.
Photo credit: @dordorbaby4/X.
Source: Twitter

Despite this change, she emphasised that the original goal still mattered to her.

Completing the savings plan made her excited and reinforced her confidence in her ability to manage money responsibly.

For her, the success lay not in how the money would be spent, but in the fact that she stayed committed until the end.

She also expressed her joy about reaching the day that she would finally be paid by the platform.

In her words:

“Hey Piggyvest I saved up for rent all year and today is payday. Tysm! I did it!!!even tho the money won’t be going into rent anymore. I dideetttttt!!!”

Read also

Lady displays response from nanny after sending her December salary before due date, people react

Reactions as lady saves up rent on Piggyvest

Nigerians stormed the comments section to react to the post.

ObabaofNaija said:

“Even on the day of my withdrawal @Piggyvest still pulled off percentage breaking fee from my savings. Deducting over 520k.”

Sei Queen said:

“Hi please reply to this, I wanna come back here, I wanna ask you questions when I’ll be ready to start mine. Tysm.”

Angelica Grey said:

“E no go bad if you just do giveaway. 25k for 20 persons no go bad like that Sha oo.”

Miracle Adishi said:

“I’m so proud of you. I love it when people do the positive things they’ve always planned out to do waving off the obstacles.”

Victor said:

“I think I’d give @piggyvest a trial next year. The reviews I see here are good. Really enticing.”

Ajala reacted:

“You people have started again. I want to withdrew my money and now. I can’t have access to my acct.”

Read also

Nigerian lady almost in tears as she forgets international passport on day of relocation, Video goes viral

Ekundato added:

“@Piggyvest hv bn saving me for my Aus rent right from day 1.”

See the post below:

Lady discloses Piggyvest interest she got

Meanwhile, Legit.ng previously reported that a Nigerian lady who saved N50,000 daily on Piggvest mentioned the interest she got after using the Safelock feature.

Many reacted as she shared the amount currently in her account, as they questioned what she did for a living to get such savings.

Source: Legit.ng



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Chaos as corpse goes missing from hospital mortuary in Edo state

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Chaos as corpse goes missing from hospital mortuary in Edo state


Tension and confusion erupts in Ekpoma, Edo State, after a corpse was reported missing from a hospital mortuary, eliciting outrage and concern among residents and the deceased’s family.

According to the family, the deceased, identified as their uncle, had been deposited at the mortuary ahead of burial arrangements.

Corpse goes missing

Trouble began when they arrived to retrieve the body and were informed that it could not be located.

The incident sparked confusion and outrage when mortuary staff allegedly presented a different body, already dressed in a coffin, claiming it was the deceased. The family rejected this, insisting that the body was not their relative’s.

Family call on government intervention

A video circulating online captured a family member appealing for urgent intervention, describing the incident as unprecedented and calling on authorities, including the Edo State government, to step in and resolve the matter.

The lady said …

“I have never seen this kind of a thing before o. You people should come to our rescue. Edo state governor, please help us. This is happening live in Ekpoma. We deposited our co-rpse here. My uncle to be precise. We came to pick up the body, till now the b0dy is nowhere to be found. The mortuary attendant dressed for us another person into the coff!n.”

As of the time of reporting, it remains unclear how the corpse went missing, and there has been no official statement from the hospital management.

Watch video below …

Gbege ti sele!!!

Family cries out as a relative’s c0rpse reportedly goes missing from a hospital m0rtuary in Ekpoma, Edo State 🤯🙆 pic.twitter.com/tw3GZjWeyG

— EJIKEME🇳🇴🇳🇬 (@ejykmykel1) December 21, 2025





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Tinubu Should Be Impeached If Found Guilty Of Distorting Tax Laws — PRP

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Tinubu Should Be Impeached If Found Guilty Of Distorting Tax Laws — PRP


The Peoples Redemption Party (PRP) has restated its call for the impeachment of President Bola Tinubu if indeed was found culpable in the distortion of tax laws.

The party condemned what it described as the blatant executive misconduct and flagrant disregard for constitutional sovereignty exhibited by the current administration in the alleged recent manipulation of Nigeria’s tax laws.

LEADERSHIP reports that the House of Representatives has constituted a seven-member ad-hoc committee to investigate the discrepancies between the tax laws passed by the National Assembly and the gazetted versions.

Rising under Order 6, Rule 2 of the House Rules on a Point of Privilege, Hon. Abdulsammad Dasuki (PDP Sokoto), claimed that his legislative privilege was breached, as the content of the tax laws as gazetted is not the same as the one voted on and passed on the floor of the House.

Reacting to the development, the PRP said if evidence emerges implicating President Tinubu in the alleged manipulations, he should be immediately impeached without delay as no individual, including the president is above the law.

The opposition party in a statement by its national chairman, Falalu Bello, said the situation showed that the executive arm has clandestinely altered bills after passage by the National Assembly without legislative approval.

According to him, the action is a dangerous pattern of executive impunity that threatens the very foundations of Nigeria’s democracy and due process.

“This audacious act of executive dishonesty, characterized by the insertion, deletion, and modification of substantive provisions post-passage legislation, underscores a reckless disdain for the rule of law, separation of powers, and the constitutional order. It is an unforgivable breach of trust, a mockery of the Nigerian people, and an open assault on the integrity of our legislative process.

“The PRP condemns this act as not only illegal but as a direct attack on the independence of the legislature and the constitutional rights of Nigerians to transparent and accountable governance. The executive’s actions reveal a disturbing tendency to undermine the sanctity of parliamentary procedures, defraud the nation, and arrogantly impose illegality under the guise of national interest. Such conduct erodes public confidence, fuels uncertainty, and exposes Nigeria to avoidable instability in all aspects of our national life.

“In light of these grave developments, the PRP calls for a comprehensive and transparent investigation of these alterations and additions to the already passed Act of Parliament to identify and punish all those responsible for this egregious misconduct. We insist that those found culpable, regardless of their position, must be held accountable and face appropriate punishment for their fraudulent conduct.

“If evidence emerges implicating President Bola Ahmed Tinubu in these illegal manipulations, the PRP calls for his impeachment without delay. No individual, including the President, should be above the law,” the party said.

It further demanded the immediate suspension of the implementation of the disputed tax laws until all discrepancies—particularly the conflicts between the laws passed by the National Assembly and those gazetted—are thoroughly examined, resolved, and rectified.

“Should this matter not be addressed promptly, the PRP will have no choice but to seek judicial intervention. We are prepared to approach the courts to stop the enforcement of these laws and seek appropriate redress for the violations committed,” he stated.

The PRP chairman emphasised that the rule of law and constitutional integrity must take precedence, saying until these issues are resolved, the suspension of the tax laws is imperative to prevent further damage to Nigeria’s democratic fabric and economic stability.

“The PRP warns that unless urgent and decisive steps are taken, this administration’s blatant disregard for constitutional order will deepen the crisis of governance, erode accountability, and further diminish Nigeria’s credibility on the global stage. We call on all patriotic Nigerians, civil society organizations, and the legislative arm to stand firm against this assault on our democracy.

“The PRP affirms that no government, regardless of political inclination, is above the law. The current breach must be met with unwavering resolve to defend Nigeria’s constitutional integrity, uphold the rule of law, and restore public confidence in our institutions. Anything less would be a betrayal of the Nigerian people and a capitulation to executive tyranny.

“We stand with the Nigerian people and call on all relevant authorities to ensure that justice prevails, that constitutional order is restored, and that this dangerous precedent is decisively overturned,” PRP added.



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Onoh defends EFCC probe of ex- AGF Malami

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Onoh defends EFCC probe of ex- AGF Malami


The former southeast spokesman to President Bola Tinubu and Chairman of forum of former members of Enugu Assembly, Denge.Josef Onoh, had strongly defended the Economic and Financial Crimes Commission (EFCC) investigation of the former Attorney-General of the Federation (AGF) and Minister for Justice, Malam Abubakar Malami.

In a statement from his residence in Marne-la-Vallée Paris, Onoh said the current investigation by the EFCC was no witch-hunt or politically motivated. 

Onoh, while recalling Abubakar Malami’s background prior to his appointment as AGF in 2015, said that his career was primarily that of a dedicated legal practitioner and politician from Kebbi State. 

Born on April 17, 1967, in Birnin Kebbi, Malami received a solid education, blending Islamic and Western systems, culminating in an LL.B from Usmanu Danfodiyo University (1991), and was subsequently admitted into the Nigerian Bar (1992), and elevated to Senior Advocate of Nigeria (SAN) in 2008. 

Onoh further said that Malami’s professional career centered on private legal practice, including roles at firms such as K.T. Turaki & Co., as a magistrate and state counsel in Kebbi, and as principal partner of A.A. Malami & Co. (2002–2015), a litigation-focused chambers handling civil, criminal, and commercial cases without any record of massive financial payoffs from successful litigations.

He recalled that Malami was also actively involved in opposition politics, serving as National Legal Adviser to the Congress for Progressive Change (CPC), contributing to the formation of the All Progressives Congress (APC) in 2013, and contesting (unsuccessfully) the APC governorship ticket in Kebbi in 2014. 

“I therefore challenge Malami to make public his asset declaration prior to 2015,” Onoh challenged.

Onoh said that there are no credible public records of Malami owning or operating substantial private businesses—such as hotels, universities, rice mills, or large-scale investments—before his appointment as AGF. 

“His pre-2015 wealth and income appear tied exclusively to his successful legal practice and modest public service roles. He established philanthropic foundations like the Kadi Malami and Khadimiyya Foundations for community development, but these were charitable, not commercial ventures and this was the Abubakar Malami I know.

“However, after serving as AGF from 2015 to 2023, Malami has been linked to an extensive portfolio of high-value assets, including the multi-billion naira Azbir Hotel and Azbir Arena in Birnin Kebbi (recently taken over by police amid probes), Rayhaan (or Rayhan) University, Rayhaan Rice Mill, private academies and multiple properties in Abuja, Kano, and Kebbi. 

“These assets, estimated in petitions to the EFCC at over ₦10 billion, which I personally believe were underestimated, are alleged to be disproportionate to his known legitimate earnings before and during public office.” 

Onoh said that this sudden accumulation of wealth, emerging prominently post-tenure, raises serious questions about its sources and legitimacy—questions that rightfully demand thorough investigation by the EFCC.

Onoh further stated that the ongoing EFCC probe, as of December 2025, focuses on allegations including abuse of office, money laundering, mismanagement of recovered Abacha loots (notably claims of duplication in recovering $310–$322.5 million tranches and questionable legal fees of up to $16.9 million paid to associates), and unexplained assets and not a witch-hunt.

“While he denies wrongdoing, describing the probe as politically motivated “witch-hunt” tied to his recent political activities, I make bold to say that Malami welds no strong political influence in kebbi state to warrant any witch-hunt by even a local government chairman in his state, let alone the EFCC and his calls for the EFCC Chairman’s recusal is simply laughable.  

“His continuous reference to chapter 9 of the Justice Salami Report only shows the desperation of a drowning man, let me make clear to Malami that the said justice Salami Report was so beneficial to the progress of Nigeria yet he withheld it all these years and only now he thinks it serves his personal purpose that it becomes relevant.  

“In a country like China, such revelation by Malami would have earned him a death sentence for sabotaging a nation. One can not come to a document and only accept a page that benefits him, you either accept as a whole or refuse as a whole. The petitions from credible groups like HEDA and others warrant independent scrutiny.”

Onoh challenged Malami to refute his narrative of his humble beginnings prior to his unexplainable wealth, which the EFCC in discharge of their mandate will soon explain which onoh said will be more explosive than Abacha’s loot. 

Onoh furthermore said that the Malami he knew was actively engaged in politics, particularly with opposition parties leading to the formation of the All Progressives Congress (APC):

“Malami was appointed Attorney-General of the Federation (AGF) and Minister of Justice by late President Muhammadu Buhari, becoming the youngest minister in the cabinet at age 48. He was re-appointed in 2019 and served until May 2023.

“Prior to this role, the Malami I know was primarily a prominent private legal practitioner in Northern Nigeria, a senior advocate with public service experience, and an influential figure in opposition politics contributing to the APC’s formation.”

Onoh challenged Malami to provide any credible records indicate involvement in high-profile federal roles or Tax payments of a successful thriving business venture before 2015.

“Malami’s attempts to discredit the EFCC—alleging bias, vendetta, and intimidation—appear designed to deploy every resource at his disposal to blackmail and undermine the agency. As a former Chief law officer, he should submit fully to investigation rather than resist or deflect.”

Onoh said that his hypocrisy is stark when recalling Malami’s role in the controversial naira redesign policy of 2022–2023. Himself, late Gov.Rotimi Akredolu of blessed memory and  Mallam Nasir El-Rufai (then Governor of Kaduna), were the only Governors that were bold to support his stand against naira design solely aimed at frustrating  Bola Tinubu’s presidential ambition to the detriment of all Nigerians publicly opposed the policy, highlighting its devastating hardship on ordinary Nigerians, questionable timing ahead of elections, and potential political motivations. 

“I recall El-Rufai described it as a mistake that deceived President Buhari and caused unnecessary suffering. I publicly attack the then CBN governor Godwin Emefiele (currently under investigation) and Malami especially for misleading Buhari into unconstitutional actions, such as bypassing consultations with the National Council of State or Federal Executive Council. I called the both   “public enemies” for defending the policy amid public hardship. The Supreme Court ultimately ruled (March 3, 2023) the policy unconstitutional in parts, extending old notes’ validity to December 31, 2023, Yet same  Malami vigorously defended it in court and publicly, even as the federal government under his legal advice disregarded Supreme Court interim orders suspending the deadline, leading to contempt threats and eventual ruling that parts were unconstitutional and criticizing late President Buhari’s unilateral directives.

“Later, the presidency (March 2023) stated that Buhari never instructed Malami or Emefiele to disobey court orders. This speaks volumes about the moral and professional character of the man that’s today accusing and blackmailing the EFCC and the Chairman of witch-hunt. He is safer under EFCC custody than at the mercy of Nigerians. Him and his convoy was attacked and nearly killed by the mob in his hometown resulting from the frustrations he subjected Nigerians under his watch while living in unearned opulence.

“Finally, as the custodian of the law tasked with recovering and protecting national assets—including billions in Abacha loots—Malami stands accused of re-looting or mismanaging the very funds he was mandated to safeguard. This betrayal of public trust is profound.

“Every right-thinking Nigerian must rise in defence of the EFCC. Allow the agency to perform its statutory duty without fear or favour. Corruption fights back fiercely, but accountability must prevail for Nigeria’s progress,” Onoh stated.



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Nigerian Govt Announces Date New Ambassadors Will Resume Duty

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Nigerian Govt Announces Date New Ambassadors Will Resume Duty


The Minister of Information and National Orientation, Mohammed Idris, has announced that Nigeria’s newly appointed ambassadors will assume duty in their respective countries in 2026, pending final clearance and confirmation by the National Assembly.

Idris disclosed this on Monday while briefing journalists at an end-of-year press conference in Abuja.

According to him, the deployment of ambassadors will strengthen Nigeria’s bilateral relations, boost the country’s global visibility and deepen strategic engagement.

“In 2026, our newly appointed ambassadors will take up their posts in their countries of assignment.

“Their clearance and confirmation have just been completed by the National Assembly,” Idris said.

He noted that the decision followed public pressure for diplomatic postings and said President Bola Ahmed Tinubu had responded to those concerns.

“For months, there were cries and agitation for ambassadors to be put in their posts. President Bola Ahmed Tinubu has fulfilled that,” he said.

Idris added that while several stages of the deployment process had been completed, outstanding elements would be concluded next year.

“The remaining part will be carried out in 2026,” he noted.

He stressed that the postings would reinforce Nigeria’s diplomatic presence across sectors and advance national interests abroad.

Politics Nigeria recalls that the Senate confirmed 64 of President Tinubu’s ambassadorial nominees, including former Minister of Aviation Femi Fani-Kayode and former presidential aide Reno Omokri, after adopting the report of the Senate Committee on Foreign Affairs, which affirmed all nominees as suitable.



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Ghana legalizes cryptocurrency to boost transparency and regulation 

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Ghana legalizes cryptocurrency to boost transparency and regulation 


Ghana’s parliament has approved the legalization of cryptocurrency, marking a significant step toward regulating the fast-growing digital asset market in the country.

The move addresses concerns raised by the Bank of Ghana over the widespread, unregulated use of virtual currencies.

The central bank is seeking to enhance transparency and oversight in the crypto sector following reports that nearly 3 million Ghanaians—about 17% of the adult population—are involved in cryptocurrency transactions.

What BOG Governor is saying 

The passage of the Virtual Asset Service Providers Bill will pave the way for licensing crypto platforms and supervising their activities, Bank of Ghana Governor Johnson Asiama announced over the weekend in Accra.

He said this trend has direct implications for the management of the cedi, Ghana’s official currency.

Asiama emphasized that the new law will ensure that “emerging activity is brought within clear, accountable, and well-governed boundaries.”

Benefits for businesses and consumers 

Governor Asiama added that regulatory oversight will “lower costs for banks, improve customer experience, support small and medium-sized enterprises and traders.” 

By formalizing the sector, the Bank of Ghana hopes to balance innovation with financial stability, while creating a safer environment for investors and businesses engaging in digital assets.

Ghana’s crypto market in context 

Crypto transactions in Ghana reached $3 billion in the year through June 2024, according to estimates by Web3 Africa Group, an Accra-based company planning to establish crypto exchanges across the continent.

In comparison, Nigeria recorded $59 billion in crypto trades during the same period, accounting for nearly half of sub-Saharan Africa’s total volume of $125 billion.

What you should know 

In October, the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, had said that Nigeria witnessed cryptocurrency transactions exceeding $50 billion between July 2023 and June 2024.

With an exchange rate of N1,500 to the Dollar, the amount translates into N75 trillion, about two-thirds of the capitalization of the Nigerian equities market capitalization of N98.8 trillion as of Friday, October 24.

Speaking at the annual conference of the Chartered Institute of Stockbrokers, Agama said the sheer volume of digital asset activity underscores both the financial sophistication and risk appetite of Nigerian investors — a demographic the traditional capital market has failed to attract.

Despite this vibrant crypto engagement, the SEC boss lamented that fewer than four per cent of Nigeria’s adult population actively invests in the country’s capital market.

While less than three million Nigerians are registered market participants, he noted, over 60 million citizens engage daily in gambling, wagering an estimated $5.5 million every day.

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Army Chief Directs Troops to Flush Out Criminals Within Their Areas of Responsibilities – THISDAYLIVE

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Army Chief Directs Troops to Flush Out Criminals Within Their Areas of Responsibilities – THISDAYLIVE


Linus Aleke in Abuja

The Chief of Army Staff (COAS), Lieutenant General Waidi Shaibu, has charged troops of the Nigerian Army’s 2 Division to step up offensive operations and decisively eliminate criminal elements operating within their area of responsibility.

The directive was issued during the Army Chief’s maiden operational visit to the 2 Division Headquarters at Odugbo Barracks, Ibadan, where he addressed officers and soldiers drawn from various formations under the division.

According to a statement by the Acting Director of Army Public Relations, Colonel Appolonia Anele, the COAS commended the troops for their resilience, professionalism and operational effectiveness in combating banditry, kidnapping and other forms of criminality across the division’s area of operations

Lieutenant General Shaibu said he had been comprehensively briefed on ongoing operations and expressed satisfaction with the notable successes recorded so far.

He urged the troops to sustain the current tempo and remain relentless in their pursuit of criminals.

“I have been thoroughly briefed on your operations and the remarkable successes you have achieved. I commend your efforts and urge you to maintain the momentum. Go after kidnappers and other miscreants wherever they may be — in forests, bushes or other hideouts — and ensure these criminal activities are reduced to the barest minimum,” he directed.

Beyond operational directives, the Army Chief reaffirmed his commitment to the welfare of personnel, describing troop morale as a critical factor in achieving mission success.

He disclosed that approvals had been granted for the renovation of existing accommodation as well as the construction of new residential facilities within the barracks.

He further enjoined officers and soldiers to take responsibility for the proper maintenance of existing facilities, stressing the need for a conducive living and working environment to support sustained operational effectiveness.

Lieutenant General Shaibu concluded by assuring the troops that the welfare of personnel would remain a central pillar of his command philosophy as the Army continues its efforts to enhance internal security across the country.



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JUST IN: Makinde, Alaafin, Olubadan hold close door meeting

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JUST IN: Makinde, Alaafin, Olubadan hold close door meeting


Governor Seyi Makinde of Oyo state on Monday had a brief closed door meeting with the Alaafin of Oyo, Oba Abimbola Akeem Owoade and the Olubadan of Ibadanland, Oba Rashidi Adewolu Ladoja. 

The brief meeting held shortly after the governor signed the 2026 Appropriation Bill at an event which held at the Executive Council Chamber of the Governors office, Agodi Secretariat, Ibadan. 

The meeting, which was observed to be unscheduled, held at the Coffee Room opposite the photo gallery stage of the Exco Chamber.

The details of the meeting remain unclear as at the time of this report.

It was observed that, shortly after the signing of the 2026 Appropriation Bill, the governor and the dignitaries who attended the event were on the way to take group photographs at the photo gallery stand when the Governor invited both the Alaafin and Olubadan into the coffee room.

The budget signing event was attended by traditional rulers, political office holders, lawmakers, the judiciary among other relevant stakeholders.

The meeting lasted barely 15mins, as other dignitaries waited patiently at the photo gallery standing awaiting the arrival of the gove for and the monarch.

However, observers believed the meeting could be based on the need for unity and togetherness between the two first class monarchs.

The social media was recently enmeshed with reports of acrimony and class tussle between the foremost monarchs over perceived superiority tag.



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Obi questions impact of alleged $5m school fees, says funds could transform basic education

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Obi questions impact of alleged m school fees, says funds could transform basic education



By John Alechenu

The Presidential candidate of the Labour Party (LP) in the 2023 election, Mr. Peter Obi, has weighed in on the controversy surrounding allegations that the former Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr. Farouk Ahmed, spent about US$5 million on the secondary education of his children abroad.

Obi said the amount, if invested locally, could have made a significant impact in reducing Nigeria’s out-of-school children population and strengthening the country’s education system.

He made the remarks in a post titled “The Farouk Controversy and the Question of Public Responsibility,” shared on his official X handle on Monday.

According to Obi, businessman Aliko Dangote, President of the Dangote Group, had alleged that Ahmed spent about $5 million on the education of his four children in Switzerland, and had called for a full investigation and public explanation.

“At current exchange rates, $5 million is approximately ₦7.5 billion. In a country with over 18 million out-of-school children — the highest number in the world — such allegations raise questions about proportionality, public trust, and moral responsibility,” Obi said.

He stressed that the issue was not about parents investing in their children’s education, but about the scale and context of such spending when linked to a public official in a country grappling with widespread poverty and inequality.

“Education is one of the greatest legacies a parent can give a child. No reasonable person begrudges parents for investing in their children’s future. The concern here is the moral implication when such resources exist alongside massive educational deprivation,” he added.

Obi outlined what he described as a hypothetical alternative use of ₦7.5 billion within Nigeria’s education sector. According to him, the amount could fund the construction of 25 school blocks at ₦35 million each, accommodating about 6,000 students annually.

He said each school block could employ 18 teachers, creating jobs for about 450 teachers nationwide. With a proposed monthly salary of ₦125,000 per teacher, the annual wage bill would amount to ₦675 million.

Obi further explained that after accounting for construction and first-year salaries, the remaining funds could be invested in government bonds, generating returns sufficient to cover maintenance, learning materials, utilities, meals, and recurring salaries, thereby creating what he described as a self-sustaining education system.

“In simple terms, the amount allegedly spent on the education of four children could establish a self-funding education ecosystem that educates 6,000 Nigerian children every year and employs 450 teachers,” he said.

The former Anambra State governor reiterated his long-held position that public office holders must be guided by prudence, accountability, and a strong sense of public responsibility, especially in a country facing severe social and economic challenges.

The post Obi questions impact of alleged $5m school fees, says funds could transform basic education appeared first on Vanguard News.



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