Oyedele, AfDB President Agree on Nigeria Portfolio Review, Official Visit Nigeria and the African Development Bank (AfDB) have agreed to conduct a joint technical review of the bank’s portfolio in the country and prepare for an official visit by its president, Dr Sidi Ould Tah. The agreement was reached on Monday, October 12, 2026, during a meeting between the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, and Ould Tah on the sidelines of the 2026 IMF and World Bank Group Annual Meetings in Bangkok, Thailand. According to a statement by the Federal Ministry of Finance, the…
Author: Ibom Focus
BREAKING: Rochas Okorocha Arrested At Hotel Former Imo State Governor, Senator Rochas Okorocha, has been arrested by operatives of the Nigeria Police Force tonight, Monday, October 12, 2026, at REIZ Continental Hotel in central Abuja, over allegations of criminal conspiracy, forgery and impersonation. The arrest comes after the former governor reportedly evaded repeated police invitations in connection with an ongoing criminal investigation, prompting the police to obtain a bench warrant for his arrest. Okorocha was initially invited to the Force Headquarters, Abuja, on September 2, 2026, but the appointment was rescheduled to September 8 at the request of his lawyers,…
Health Ministry Condemns Attack on FMC Abeokuta Worker, Urges Police to Act The Federal Ministry of Health and Social Welfare has called on the police to immediately arrest and prosecute the suspect in the reported stabbing of a health worker at the Federal Medical Centre (FMC), Idi-Aba, Abeokuta, Ogun State. The victim, identified as Mr. Lawal Toheeb Olasunkanmi, is a Medical Laboratory Scientist at the hospital. Reacting to the incident, the Minister of State for Health, Dr. Iziaq Adekunle Salako, condemned the attack, describing it as barbaric and unacceptable. Salako maintained that no level of frustration, grief or dissatisfaction…
NNPC Reports ₦34.5trn Revenue, ₦7.2trn Profit as Ojulari Presents 2025 Accounts to Tinubu President Bola Ahmed Tinubu has received the 2025 audited accounts of the Nigerian National Petroleum Company Limited (NNPC Ltd), which reported ₦34.5 trillion in revenue and ₦7.2 trillion in profit after tax. The financial statement was presented to Tinubu at the Presidential Villa in Abuja by NNPC’s Group Chief Executive Officer, Engr. Bashir Bayo Ojulari. Ojulari was accompanied by the company’s Group Chief Finance Officer, Dapo Segun, at the presentation. The report indicated that NNPC’s profit after tax increased by 33 per cent, rising from ₦5.4 trillion…
EFCC Arraigns Nigerian-American Over Alleged $320,000 Vehicle Import Fraud The Economic and Financial Crimes Commission (EFCC) has arraigned a Nigerian-American, Oluwatobi Adegoke, before the Special Offences Court in Ikeja, Lagos State, over an alleged vehicle import fraud involving hundreds of thousands of dollars. Adegoke was arraigned on Thursday, October 8, 2026, by the EFCC’s Ilorin Zonal Directorate before Justice Olubunmi Abike-Fadipe on a one-count charge bordering on stealing. According to the commission, the defendant was arrested in July 2026 over an alleged international vehicle import fraud involving more than $320,000, equivalent to approximately ₦434.88 million. Preliminary investigations reportedly linked Adegoke…
EFCC Arraigns ALSCON, Director Over Alleged N582.4m Money Laundering The Economic and Financial Crimes Commission (EFCC) has arraigned Aluminium Smelter Company of Nigeria (ALSCON) Plc and its director, Zavyalov Dmitry, over alleged money laundering offences involving N582.43 million. The defendants were arraigned on Monday, October 12, 2026, before Justice O. A. Egwuatu of the Federal High Court in Abuja on a six-count amended charge marked FHC/ABJ/CR/644/2025. According to the EFCC, Dmitry is currently at large, while the company’s Acting Managing Director, Ime Monday Inyang, entered a not-guilty plea on behalf of the company. The anti-graft agency alleged that ALSCON, classified…
Court Dismisses Aisha Achimugu’s ₦10bn Fundamental Rights Suit Against EFCC The Federal High Court in Abuja has dismissed a fundamental rights enforcement suit filed by Abuja-based businesswoman, Aisha Achimugu, against the Economic and Financial Crimes Commission (EFCC). Justice M.S. Liman dismissed the suit on Monday, October 10, 2026, ruling that the anti-graft agency had the legal authority to search Achimugu’s residence following intelligence reports concerning her alleged criminal activities. In the suit marked FHC/ABJ/CS/466/2026, Achimugu had challenged the EFCC’s search of her residence and seizure of her vehicles, jewellery and other belongings. The businesswoman also sought to enforce her right…
Nigerian Navy Uncovers 98,000 Litres of Suspected Stolen Crude Oil in Rivers The Nigerian Navy has uncovered three suspected illegal refining sites containing approximately 98,000 litres of petroleum products in Okarki community, Ahoada West Local Government Area of Rivers State. The discovery was made on October 10, 2026, during an operation conducted by Nigerian Navy Ship (NNS) PATHFINDER under Operation DELTA SENTINEL. According to the Navy, the operation led to the recovery of about 65,000 litres of suspected stolen crude oil and 33,000 litres of suspected illegally refined Automotive Gas Oil (AGO). The petroleum products were stored in approximately 12…
“I Suspend You” — Cardinal Onaiyekan Reveals Why Governor Alia Remains Suspended from Catholic Ministry Former Archbishop of Abuja, John Cardinal Onaiyekan, has explained why Benue State Governor, Rev. Fr. Hyacinth Alia, remains suspended from public ministry in the Catholic Church. Speaking in a recent interview, Onaiyekan said the procedures and requirements of the Catholic Church were not followed before Alia proceeded with his political ambition. According to the Cardinal, Alia’s bishop had advised him against the move and warned that he would face suspension if he went ahead. “I have nothing against Father Alia, but you’re asking a question.…
France: 14-Year-Old Student Shoots Principal, Teacher With Shotgun Inside School A 14-year-old student has been arrested after allegedly shooting and injuring his school principal and a teacher with a shotgun at Joseph Lakanal Middle School in Aubagne, east of Marseille, France. The incident occurred on Monday when the teenager reportedly brought the weapon to school concealed in a guitar case. According to the police, the 53-year-old principal sustained gunshot wounds to the leg and lower back, while a 37-year-old teacher was shot in the thigh. A third person also sustained minor injuries. The teenager was eventually disarmed by a school…