Federal High Court Orders “Post No Debit” Freeze on Osun State Accounts Over $13.9m Arbitration Award

By: Ganiyu Olayinka The Federal High Court in Lagos has ordered commercial banks to place a “Post No Debit” restriction on accounts belonging to the Osun State Government, in connection with a $13.9 million arbitration award in favour of Gamji Nigeria Company Limited. Justice D.E. Osiagor made the interim order following an application by Gamji,…

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BUA Chairman Rabiu: Tinubu’s Economic Reforms Beginning to Yield Results for Businesses

By: Tunji Okunlola Chairman of BUA Group, Abdul Samad Rabiu, has said President Bola Ahmed Tinubu’s economic reforms are beginning to yield positive results, particularly for businesses, despite the hardship still confronting many Nigerians. Speaking with journalists in Lagos after meeting with the President, Rabiu said business operators were already seeing improvements in the economy,…

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Tinubu: Nigeria has left the “age of reform” behind and entered an era of prosperity

ABUJA, 1 October 2026 In a nationwide broadcast marking Nigeria’s 66th Independence anniversary, President Bola Tinubu said the country has completed the painful correction of its economy and must now pursue broad-based prosperity. The address, titled From Reform to Prosperity, aired at 7 a.m. on national radio and television. It was Tinubu’s fourth Independence Day…

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Kenyan Court Order on the Dangote Lamu Refinery

Situation report | Prepared September 29, 2026 | Developing story 1. Summary A Kenyan court has ordered that the “status quo” be maintained on land earmarked for Aliko Dangote’s planned $16 billion oil refinery in Lamu County. The order followed a petition by 133 local residents. Media headlines say construction was “paused”, but reports differ…

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EFCC Declares Ex-Pension Boss Maina Wanted Over Alleged ‘Stolen Properties’

By: Tunji Okunlola Photo source: EFCC/X The Economic and Financial Crimes Commission (EFCC) has declared Abdulrasheed Maina, former chairman of the now-defunct pension reform task team (PRTT), a wanted man. Maina appears on the commission’s wanted persons portal in connection with an alleged case of “receiving stolen properties.” According to the notice, “Maina, 61, is…

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