Category: PM News

The Special Control Unit Against Money Laundering (SCUML), on Monday, September 29, 2025, sealed the business premises of two Designated Non-Financial Businesses and Professions (DNFBPs) in Sokoto.

The SCUML is a unit of the Economic and Financial Crimes Commission that supervises Designated Non-Financial Businesses and Professions (DNFBPs) to ensure compliance with anti-money laundering, counter-financing of terrorism, and related regulations.

The companies, Iman Multi Structures Ltd and Daraja Motors, were sealed by the EFCC unit for non-compliance with the provisions of the Money Laundering (Prevention and Prohibition) Act, 2022 and the EFCC AML/CFT/CPF Regulations, 2024.

Both entities had previously been sanctioned and fined for regulatory breaches; Iman Multi Structures Ltd on June 18, 2025, and Daraja Motors on August 13, 2025. However, they failed to comply with the payment directives issued by the government.

An investigation conducted by SCUML’s Zonal Coordinator, Ahmadu Bello, revealed that the deadline for payment expired more than a month ago, with no remedial action taken by the affected organisations.

Accordingly, their premises have been sealed and will remain so until full compliance with all applicable regulations is achieved.

The Nigerian Education Loan Fund (NELFUND) has officially closed its application portal for the 2024/2025 academic year as of Tuesday, September 30, 2025.

According to the Fund, this marks the end of the second full cycle of the loan scheme.

The closure will allow NELFUND to finish processing pending applications and continue payments to approved students.

In a statement signed by Mrs. Oseyemi Oluwatuyi, the Director of Strategic Communications,

NELFUND announced that the portal will reopen in the second week of October 2025 for the 2025/2026 academic session.

The new application window will remain open until January 2026.

The Fund directed schools to update their students’ records on the Student Verification System (SVS) so that eligible students can apply.

Schools that are yet to begin a new session within the given period were advised to notify NELFUND for special consideration.

NELFUND warned that any 2024/2025 applications left unverified by institutions after October 8, 2025, will be cancelled. Affected students will need to reapply for the 2025/2026 academic year.

The Fund added that some applications remain unpaid because certain schools have not completed the required verification.

NELFUND said it is working with such institutions but stressed that schools which fail to comply will have their names published.

On upkeep allowances, the Fund clarified that payments for the 2024/2025 session will continue until November 2025.

However, all students must reapply for the 2025/2026 session to remain eligible.

The Peoples Democratic Party (PDP) has disowned former Minister of Information, Professor Jerry Gana, over his claim that former President Goodluck Jonathan would emerge as the party’s presidential candidate in 2027.

The party leadership stated that Gana lacked the authority to speak on behalf of the PDP regarding its presidential ticket, insisting that the party has competent governors and other qualified members who could contest the election.

Addressing journalists in Abuja on Monday, PDP’s National Publicity Secretary, Debo Ologunagba, clarified:

‘Professor Jerry Gana doesn’t speak for the PDP.

People are free to express opinions, but the party has eminently qualified Nigerians, particularly at the governors’ level, who have demonstrated capacity and performance.

When the time comes, our convention will decide.’

Ologunagba stressed that Jonathan remains a member of the party but has not declared any intention to contest.

On the purported state congress held in Calabar, Cross River State, over the weekend, Ologunagba dismissed it as unauthorised.

He explained that the National Working Committee (NWC) had not constituted any electoral panel to conduct such an exercise.

‘There was no state congress in Cross River for the PDP. What happened, if anything at all, could best be described as a carnival gathering, not a congress.

For emphasis, the congress in Cross River has been postponed, along with those of Plateau and Kebbi States,’ he said.

Ologunagba added that disciplinary measures would be taken against those behind the exercise, warning that the party would maintain internal order and due process

Big Brother Naija season 10 housemate, Jason Jae, has been crowned as the Head of House for the final week of the show.

The housemate was crowned on Monday evening, after winning the final HoH challenge.

Jason Jae also chose to spend the HoH lounge with Sultana.

Although the privilege of being immune to eviction as the head of house no longer applies in the final week of the reality TV show, Jason Jae made history as the first and last HoH of this season.

The Federal High Court in Abuja, on Tuesday, struck out two separate suits filed by former Senate President, Bukola Saraki, to seek court protection against the plan by EFCC to probe him.

Justice Mohammed Umar struck out the two cases following a notice of discontinuance of the suits sighted in the court record and after no lawyer appeared for parties at the resumed hearing.

The former Senate president had filed the suits following the EFCC’s decision in 2019 to probe his earnings between 2003 and 2011 when he was governor of Kwara.

The anti-graft commission was reported to have seized some of his houses in the Ikoyi area of Lagos then.

However, Saraki, on May 10, 2019, filed the two separate suits, marked: FHC/ABJ/CS/507/2019 and FHC/ABJ/CS/508/2019, before retired Justice Taiwo Taiwo to challenge the action of the EFCC.

The ex-Senate president named the Attorney-General of the Federation (AGF), Inspector-General (I-G) of Police and State Security Service (SSS) are 1st to 3rd defendants.

Others are EFCC, Independent Corrupt Practices and Other Related Offences Commission (ICPC) and Code of Conduct Bureau (CCB) as 4th to 6th respondents respectively.

Justice Taiwo, who was the presiding judge then, had ruled on an ex-parte application filed along with the substantive suits.

The judge ordered the EFCC and the other five respondents to the suits to stay action on their investigations.

He directed the parties to maintain the status quo by suspending the probe, pending the hearing and determination of the motion on notice filed by the applicant.

The order was granted after Saraki’s lawyer moved the application on May 14, 2019.

But the EFCC later applied that the judge should recuse himself and the matter be transferred to another court.

Justice Taiwo sent back the case file to the chief judge and the matter was reassigned to Justice Anwuli Chikere (rtd.) for adjudication.

When the matter came up on July 14, 2021 before Justice Chikere, EFCC Counsel, Chile Okoronkwo, complained that Taiwo’s order had hindered the agency ‘from performing its duty for about two years.’

The lawyer, who stated that Saraki continued to hinge on the order of the court any time he was invited, urged the court to vacate the order.

But the suits were reassigned to Justice Inyang Ekwo following the retirement of Chikere.

The News Agency of Nigeria (NAN) reports that Justice Ekwo had, on Jan. 25, 2023, struck out the two suits for lack of diligent prosecution.

After the suits were struck out, the ex-Senate president, through his lawyer, approached the court for a relisting of the cases to the cause list of the court.

And on Oct. 28, 2024, Justice Ekwo granted Saraki’s prayer to amend the suits against the respondents.

The judge granted the application after it was moved by Saraki’s counsel, Tunde Afe-Babalola, SAN, and was not opposed by the defence lawyers.

The cases were recently reassigned to Justice Umar.