Naira redesign brought hardship on Nigerians, EFCC witness tells court

A Federal Capital Territory (FCT) High Court sitting in Maitama, Abuja, yesterday heard that the naira redesign policy by the Central Bank of Nigeria (CBN) under former Governor Godwin Emefiele caused hardship for Nigerians.

An investigator with the Economic and Financial Crimes Commission (EFCC), Chinelo Eneanya, stated this while testifying as the seventh prosecution witness in Emefiele’s trial over alleged unlawful implementation of the policy.

Led in evidence by the prosecuting counsel Rotimi Oyedepo (SAN), Eneanya said his team investigated the impact of the naira redesign and found that it severely affected the public.

‘We reviewed documentary, electronic, and audiovisual evidence showing the effect of the policy on Nigerians,’ he told the court.

The prosecution tendered several documents and video recordings as evidence. Six video clips from four television stations – News Central, Channels TV, TVC News, and Arise News – were played in court, which admitted a bill of settlement and certified copies of related documents from 2022 and 2023.

Eneanya said the investigation showed widespread frustration among citizens who struggled to meet their daily needs and sustain their businesses during the period.

The EFCC investigator averred that CBN board members and the Committee of Governors only learnt about the presidential approval for the redesign after it had been implemented.

The witness also confirmed that Emefiele was interviewed during the investigation and that his written statements were tendered in evidence.

Defence counsel Olalekan Ojo (SAN) objected when the witness attempted to speak on the Supreme Court judgment on the policy.

The lawyer argued that he could not testify on a document he did not author. However, Justice Maryanne Anenih overruled the objection, agreeing with the prosecution.

At Ojo’s request, the judge adjourned the case to November 26 for cross-examination of the witness.

Dikko dispels rumors on controversial FIFA Goal Project in Kebbi

Chairman of the National Sports Commission, Mallam Shehu Dikko, has dismissed recent insinuations surrounding the FIFA Goal Project in Kebbi State, describing them as misleading and politically motivated.

Speaking on the issue, Dikko, who disclosed that he was the first Nigerian to oversee a FIFA Goal Project in the country, affirmed that the Kebbi facility followed due process and met all FIFA standards before commissioning.

‘I was the first person to handle a FIFA Goal Project in Nigeria, hence I can speak to the Kebbi project issue,’ he stated. ‘The project was advertised as reflected on the requisite website before it was given. It totally followed due process and was certified and commissioned by FIFA.’

Dikko explained that the global football body released $1.2 million-equivalent to about ?300 million at the time-for the project, and that every expenditure was properly accounted for. He cautioned against drawing unfair parallels between Nigeria’s project and the ongoing Nairobi facility, which he said was a completely different undertaking by the Kenyan government valued at over $300 million.

‘It is absurd to juxtapose the Kebbi project and that of the Nairobi project being put in place by the Kenyan government at over $300 million,’ Dikko emphasized.

He urged journalists and sports stakeholders to always verify information before publication, noting that unverified reports could damage the integrity of national efforts and distract from pressing sporting goals.

‘As professionals, I advise that you always seek clarification and check before you jump into conclusion,’ he cautioned. ‘Is it this time we are struggling to qualify for the FIFA World Cup that we are supposed to bring unverified stories and spread by certain people based on politics and other issues?’

Dikko reiterated the Commission’s commitment to transparency and accountability in all sports development projects, assuring Nigerians that the Kebbi FIFA Goal Project remains a model of due process and compliance.

Women miners’ conference to promote local crafts

Women in Mining Nigeria (WIMIN) has reaffirmed its commitment to empowering women in the country’s mineral sector.

The association also announced major plans for the upcoming Gold and Gemstone Conference and Exhibition scheduled for between November 26 and 28, 2025, in Lagos.

Speaking in Lagos at a send-forth event in honour of Miss Universe Nigeria 2025, Basil Onyinyechi, who will represent the country at the global Miss Universe contest in Thailand, Chairperson of the Women in Mining Gold and Gemstone Conference and Exhibition Planning Committee, Mrs. Adesuwa Dan-Princewill, said the association was not only focused on transforming Nigeria’s mining landscape but also promoting local craftsmanship and value addition to the nation’s rich mineral resources.

She said that this year’s event, which has gained recognition across Africa and is now being held in five countries – including Egypt, Kenya, Zambia, Ghana, and Nigeria – will feature masterclasses, exhibitions, plenary sessions, and a gala night designed to showcase innovation, capacity building, and sustainable development in the industry.

She said that the event will begin with masterclasses from November 26, led by Labi Akapa, a globally acclaimed jeweler who has designed pieces for royalty around the world. The main conference and exhibition will follow on November 27 and 28, with participation expected from over 55 countries.

The highlight of the five-day event will include a Jeweler Fashion Runway, where local jewelers will display their pieces alongside Nigerian couture fashion. The Gala Night on November 28 will also feature a jewelry-making competition with categories in beadwork and metalsmithing, aimed at discovering and mentoring new talents.

Dan-Princewill said the upcoming conference aims to equip many local miners on how to turn rough stones into luxury items that meet international standards.

‘Women in Mining is very passionate about women’s empowerment and youth empowerment. We believe it’s time for Nigerians to take control of our own resources and develop them locally. We don’t want to keep exporting rough minerals for pennies on the dollar,’ Dan-Princewill said.

She added: ‘By the time participants finish our masterclasses, they will know how to identify real gemstones and create world-class jewelry. We are teaching Nigerians how to turn rough stones into luxury items that meet international standards.’

Beyond promoting the technical aspects of mining, Women in Mining is also integrating fashion and cultural expression into its advocacy. As part of that vision, the organisation has thrown its weight behind Miss Universe Nigeria, who will represent the country at the Miss Universe 2025 pageant in Thailand.

Mrs. Dan-Princewill explained that the queen’s crown is a true symbol of Nigerian talent and pride because it was completely designed and made by Nigerian women working in mining and jewelry design. She said the crown shows how creative and skilled Nigerian women can be when given the chance.

‘The gemstones on her crown were mined by Nigerians, cut by Nigerians, and crafted by one of our young jewelers, Kiki Chiori, in collaboration with Tejiri Incorporated. This shows that we have the talent and capacity to produce luxury items locally,’ Dan-Princewill noted.

‘We are sending her out not just for the pageant, but to tell the world that Nigeria is ready – that we can source responsibly, design beautifully, and compete globally.’

Women in Mining Nigeria currently has active chapters in 28 states across the country and continues to advocate for the inclusion of women in both artisanal and executive roles within the mining sector.

The Gold and Gemstone Conference and Exhibition remain one of the flagship events driving Africa’s conversation on value addition, traceability, and responsible sourcing, key factors in ensuring that the continent benefits more from its mineral wealth.

Finance coach to Nigerians: be responsible citizens

Finance coach, Dr. Funmilola Tella, has called on Nigerians, particularly residents of Lagos State, to be responsible citizens and engage respectfully with constituted authority in the pursuit of peace, order, and good governance.

In a statement, Tella drew inspiration from Romans 13:1-7 (NLT), reminding citizens that all authority is ordained by God and exists to maintain order, protect the innocent, and promote good.

‘It is natural for citizens to encounter situations where decisions by those in authority may not align with personal expectations,’ she said. ‘In such instances, our faith and civic duty call us to respond responsibly.

”Romans reminds us that authorities do not instil fear in those who act righteously, and therefore, we should respect laws while seeking justice.’

She emphasised the importance of fulfilling civic duties, such as paying taxes, obeying laws, and showing respect for leadership, noting that these actions enable government institutions to function effectively and serve the people.

‘Paying taxes and fulfilling civic responsibilities support the proper functioning of society,’ she said.

‘Giving respect and honor to those in authority promote constructive dialogue and peace, even when we hold leaders accountable,’ Dr. Tella said.

Dr. Tella added that individuals in leadership-whether in politics, governance, or other sectors-can serve God through their positions by upholding justice, truth, and transparency.

Firm to provide traders with AI assistant

Bitget, world’s Universal Exchange (UEX), has introduced GetAgent, a next-generation AI-powered trading assistant to make every trade smarter. GetAgent doesn’t just analyse charts, it thinks, learns, and acts. It brings together futures trading, wealth management products, and adaptive trading bots into a single chat interface.

For the first time, Nigerian traders can talk to an AI that executes strategies, manages risk, and optimises portfolios in real time. According to crypto new, GetAgent is one of the best AI-powered tool offered among exchanges. No coding, no dashboards, no confusion, just one conversation that leads to faster, sharper decisions.

Chief Executive Officer, Gracy Chen, said: ‘This is a Game-Changer for Nigeria, GetAgent uses real-time data to identify setups, calculate entries, and manage open positions, the kind of precision once reserved for institutional desks. The AI monitors markets everyday and adjusts strategies automatically, helping traders protect profits and limit losses.

‘From futures to savings and trading bots, all tools live in one intuitive interface. The more you trade, the better GetAgent understands your behaviour and style, creating a personalised edge unique to each user. Nigerian traders are among the fastest learners in global finance. Now, with GetAgent, they can blend their instinct with AI precision, reading volatility like pros, executing strategies instantly, and managing positions without missing a beat.

‘Bitget’s Universal Exchange vision merges crypto, tokenized assets, and AI automation under one platform. For Nigeria, a country leading Africa in crypto adoption – this upgrade represents the next evolution: a trading experience where human intuition meets machine intelligence.

‘GetAgent is probably the best AI in crypto. It is not about chasing hype, it’s about rethinking how traders interact with markets, Futures, savings, and trading bots used to sit in different silos, reserved for those who could make sense out of complex information. Now, they are unified in one AI-driven experience, available to everyone. The traders who thrive tomorrow will be the ones that can make sense of complexity quickly and GetAgent is built to give them that edge.

‘Your Edge Starts Here

Whether you’re scalping Bitcoin, managing long-term positions, or exploring passive income through Bitget Earn, GetAgent helps you trade with the discipline and insight of a professional analyst, right inside the app. With AI handling heavy lifting, every trader can now focus on what matters most: timing, opportunity, and precision. You can try out GetAgent by creating your bitget account’ she said

Experts call for national care framework to unlock economic power

Experts in the care system have called for a national framework to recognise and professionalise care work, describing it as the foundation of society and the economy.

They spoke at the Global Health Strategy (GHS) programme on Centering Care: Unlocking Women’s Economic Power in Nigeria.

Experts and practitioners emphasised that care work, which includes paid and unpaid work, remains one of the most undervalued sectors in the country.

Global Health Strategies is a communication and advocacy agency that leverages partnerships to drive enduring change. With regional offices globally, GHS possesses an understanding of local contexts and extensive networks to facilitate impactful initiatives.

The strategic approach fosters collaboration with key stakeholders for effective health interventions.

The Media Roundtable was held in respect to the International Day of Care and Support to raise awareness and spark conversation on need to recognise care as critical economic infrastructure, poor working conditions of care givers in Nigeria and how investing in care systems can empower women and drive economic growth. Key discussions include women’s dominance in the caregiving sector and how the lack of formal structure disproportionately affects their economic opportunities and well-being.

Experts noted that Nigeria must centre care in its economic agenda by formalising the care economy through national policies, protection for workers, and investments in social infrastructure, which could unlock productivity and gender equality gains.

Founder of That Good Media, Toyosi Etim-Effiong, described care as the unseen backbone of families and the economy. ‘Care is the foundation of our society; we have taken care of grandparents, kids, and in Nigeria, many bring others from the village. ‘This work is underlaid, undervalued, and underappreciated. Caregivers are a strong support system. There is dignity in labour, and our caregivers are not second-class citizens,’ she said. ‘Care has been taken for granted. If we want national prosperity, we must start by valuing the people who hold our society together.’

Etim-Effiong stressed that recognising care work as legitimate labour would uplift women and strengthen the social fabric that sustains growth.

According to the World Bank Gender Data Portal, Nigerian women spend up to five times more hours on unpaid care work than men do daily. The International Labour Organisation (ILO) further estimates that 708 million women globally are excluded from the labor market due to unpaid care responsibilities.

Yet, as the Fraym ROI Study highlights, Nigeria lacks a national framework for public childcare, leaving caregiving largely as an informal, family-based burden.

Adeola Alli, founder of OneHealth, noted how the care economy enables productivity by supporting working women.’Caregivers are invisible but sustain our families and our economy,’ Alli said. ‘Care is that invisible system that allows women to work. When a woman is supported at home, she works.’

She added that the global care economy could add $11 trillion annually to global GDP if properly valued.

‘Efficiency without empathy isn’t transformation. If Nigeria truly wants to grow, we must build an economy where care is capital; where mothers are not left behind.’

Amara Agbim, founder of The Nanny Academy, said care work is central to national productivity. ‘Work-life integration is at the heart of caregiving. Care work is an essential social infrastructure. Without systems like day care centres and care workshops for nannies and drivers, we cannot have a functional society.’

Agbim outlined that care work includes activities meeting the physical, emotional, and psychological needs of others, which range from childcare and elder care to domestic and healthcare services.

‘If unpaid care were monetised, it would represent nine to 13 percent of global GDP,’ she said, calling for policies that ensure fair compensation, safe working conditions, and freedom from exploitation.She cautioned that many informal care workers are subjected to long hours without contracts, rest, or social protection conditions that lead to burnout and reduced quality of care.

Crystal Ikanih-Musa, an international lawyer and global affairs expert, emphasised the need for strong legal and policy frameworks to formalise and protect care work. ‘There should be a push for a comprehensive care policy at the national level, as we have some at the state level. ‘When you don’t recognise care work, you don’t recognise women and the work they do,’ she said, noting that while Africa boasts some of the highest numbers of female entrepreneurs in the world, many especially in Nigeria lack policy support when balancing care responsibilities.’Policy should support aged people and domestic workers, but coverage is limited and inconsistent from state to state. We need a legal framework to ensure caregivers are tracked, protected, and professionalised,’ she said.Ikanih-Musa added that the National Health Insurance Scheme provides minimal coverage for elderly citizens, leaving care gaps that widen during crises or conflicts. ‘When we face critical times such as conflict, health crises, the need for care increases,’ she warned.

The poor and often unregulated working conditions faced by care workers, including low pay, job insecurity, and limited legal protections. The importance of government-led policies to formally recognize, regulate, and strengthen the care economy as a vital economic sector.

How investing in care services and infrastructure can boost employment, improve productivity, and contribute significantly to national economic growth and the actionable steps for government, private sector, and civil society to collaborate on building a care-centered economy that supports women and promotes inclusive growth.

Nigeria is worth fighting for,’ Gen. Musa inspires soldiers in emotional farewell

The immediate past Chief of Defence Staff (CDS), Retired Gen. Christopher Musa, says Nigeria is a nation worth fighting for, urging soldiers to remain steadfast in their commitment to national security.

Musa made the call on Friday in Abuja, during an emotional Pulling-Out Parade in his honour after a distinguished 39-year military career.

He reflected on his remarkable journey, describing his service to the nation as the greatest honour of his lilife.

According to him, this parade today is not just a ceremony; it marks the culmination of a career dedicated to the protection and unity of our beloved country.

The retired CDS expressed deep gratitude to President Bola Tinubu, who appointed him to the position in 2023, for the trust and opportunity to serve.

He also acknowledged the tireless efforts of his fellow military leaders and the Nigerian people in supporting the nation’s security.

While bidding farewell to his military uniform, Musa shared a heartfelt tribute to his family, particularly his wife, and children, who he said bore the brunt of his long absences and constant concerns for his safety.

‘You are the unsung heroes of my service, and I owe you a debt of love that can never be fully repaid,’ he said.

Musa urged the men and women of the armed forces to continue serving with the same dedication, loyalty, and professionalism that had defined his career, stressing that the victory of the Nigerian military was not just temporary but enduring.

He called for greater unity and collaboration among Nigeria’s security agencies, stressing that ‘no single institution can win this fight alone.’

He specifically acknowledged the contributions of the Nigerian Police, the Department of State Services (DSS), the Nigerian Intelligence Agency (NIA), and other security agencies, whose support, he said, was crucial to the successes of the military over the years.

Musa offered his profound thanks to the Nigerian people for their resilience, especially the nation’s youth, whose prayers and belief in a better future, he said, were the driving forces behind the military’s efforts.

‘I remain a soldier at heart, a patriot committed to the sovereignty of Nigeria.

‘This may be the end of my active service, but I will continue to serve in whatever way I can,’ he said. (NAN)

Federal lawmakers don’t exercise oversight function to intimidate, witch-hunt – Adefiranye

Member representing the Ile Oluji/Okeigbo/Odigbo Federal Constituency of Ondo State in the House of Representatives, Hon. Festus Ayodele Adefiranye, has said the National Assembly is solely concerned about accountability in exercising its oversight function, and not to accuse, intimidate or witch-hunt anyone or institution invited for scrutiny.

Adefiranye gave the clarification on Thursday at the National Assembly complex while taking questions from journalists on ‘Award of Most Outstanding Honourable in Constituency project delivery of the Year’ bestowed on him by the 10th National Assembly Merit Award.

The award was in recognition of his efforts in executing infrastructural and social projects in his constituency beyond those of other members of the House of Representatives.

Of the 360 members of the House, four were honoured with similar award, including Adefiranye and a member each from Ebonyi, Katsina and Delta states.

Answering to questions on activities of the National Assembly, the federal lawmaker said oversight function is carried out by senators and House members to monitor and ascertain that monies appropriated are judiciously and truly expended for the purposes they’re meant.

‘I think it’s a wrong mindset to believe that anytime committees of the National Assembly invite respondents to give explanation on their activities, they’re doing so to bring accusation against them or intimidate them.

‘The principal responsibility of members of National Assembly Assembly is lawmaking, which includes oversight on all matters for which laws are made. It’s therefore only logical that lawmakers check on such subjects to ensure that what’s brought before the Assembly for attention is really executed as treated by it,’ Adefiranye explained.

He also gave the current relationship between the executive and the legislature pass mark, praising both the Speaker of the House of Representatives and the President of the Senate for how they’ve been managing affairs of the legislative bodies to sustain peace and cooperation among members.

He argued that fight with the executive is never a proof of bravery but a play to the gallery with the consequences of slowdown on development and delay of government process.

According to him, if all the arms of government (the executive, legislature and judiciary) fight with themselves in competition for supremacy, how will the society progress and prosper.

Responding to comment that many Nigerians see the 10th National Assembly as rubber stamp to the executive, Adefiranye said people hold such opinion because they don’t understand how government works.

Instead, he commended the leadership of the Assembly for how it’s been tactically and skillfully navigating the pressure coming from the public to foster beneficial relationship with the executive, even at the risk of loss of respect.

He urged members of the public to assess governance by objectively considering all factors involved rather than by emotion, stating that the public stands to benefit more from amiable but honest interdependence of the three arms of government.

The Ondo federal lawmaker also disclosed he had sponsored four bills, two of which were for establishment of a federal medical centre and an entrepreneurship university in communities of his constituency.

On why he prioritise the projects for which he won award, he said it’s because the projects themselves prioritize life.

He said the reconstruction being executed on Ore-Ondo-Akure road was as a result of his motion for it and that he’s happy that rate of accident and death has significantly reduced since the start of the project.

He promised to continue to leverage on his legislative mandate to collaborate with the federal government on further development of his constituency.

Aside Adefiranye, three other House of Representatives members from Ebonyi, Katsina and Delta states also received similar award in appreciation of their outstanding constituency projects execution.

’NIPOST paystack portal to eliminate postal inefficiencies’

The Federal Government has launched the Nigeria Postal Service, NIPOST, paystack customs duty payment portal for parcels coming into the country from across the world.

The Minister of Communications, Innovations and Digital Economy, Dr Bosun Tijani launched the portal in his office in Abuja yesterday. He was represented by the Permanent Secretary of the Ministry, Dr Rafiu Adeladan.

The Minister said the digitalised payment portal would reduce human-to-human contacts, eliminate delays, and inefficiencies within the period of transactions based on global standards and best practices.

He said the launch represented a solution that is at the heart of Mr. President’s priorities for Nigeria’s digital economy, and Digital Public Infrastructure (DPI).

He said: ‘For years, too many Nigerians importing small parcels or business goods have faced the same frustrations – hidden customs charges revealed only at pickup, long queues at post offices, and endless social-media complaints about inefficiency.

‘These are not just customer-service problems, they are barriers to trade, to e-commerce, and to the daily hustle of small businesses trying to compete in a global economy. When citizens lose time and money navigating inefficient systems, we all lose value as a nation.’

He however expressed optimism that with the launch by NIPOST, the narratives would changed, as citizens would get value from NIPOST services, while the government would raise its revenue profile from the solutions.

The Minister who praised NIPOST for the digital solution said NIPOST together with the private sector have ‘built an ecosystem that reduces friction, restores trust, and turns government into a platform for innovation. This is indeed a milestone to a digitally-enabled Nigeria.’

The Postmaster General of the Federation, Engr Tola Odeyemi in her remarks said the solution would enable government track revenues coming from the sector in a transparent manner, stressing that NIPOST launched the product to eliminate perceived inefficiencies, delays and other bureaucratic bottlenecks within the ecosystem.

Engr Odeyemi said:’ Today, we are witnessing a new chapter in NIPOST’s transformation story; one that blends our legacy of public service with the power of technology, fintech, and innovation.

‘For decades, NIPOST has connected Nigerians through letters, parcels, and logistics. But in this new era of digital trade and e-commerce, connection means more than delivery, it means convenience, transparency, and trust. And that is exactly what this new collaboration represents.’

She said with the new technology and partnership with Paystack, Messenger, and Sendbox, NIPOST was stepping boldly into a new era of public service excellence, fintech integration, and trade facilitation.

‘Together, we are creating a seamless system for international inbound items, one that simplifies customs payments, enables online transactions, and delivers parcels directly to your doorsteps. We are solving a long-standing customer pain point: one that has been voiced repeatedly: on social media, in post offices and through customer feedback’, Engr Odeyemi said.

I’m confident nobody can defeat me in Osun, Adeleke boasts

Osun State Governor Ademola Adeleke yesterday boasted that nobody could defeat him in the August 8, 2026 governorship election.

He said he was not afraid of any federal might.

Speaking with reporters after facing Osun State PDP Governorship Screening Committee in Abuja, the governor said he was confident that President Bola Ahmed Tinubu would not do anything that would ‘mess up his administration.’

He said if he could defeat an incumbent governor to claim the seat, he was more than confident that the 2026 election would be a walk over, adding: ‘We will dance and work.’

Governor Adeleke said: ‘First of all, we don’t have any internal wrangling in Osun State PDP. When you look around, I can tell you that the PDP in Osun is number one. We are one family and everything is going on well. So, there’s no internal wrangling in PDP.

‘I am confident of winning the election because I have performed very well. You know, I mean, I introduced what they call fact-checking. You can go back and fact-check in Osun and see what is going on there. We are in the era of technology. You can just Google it and check it out, you will know that we are doing very well in Osun.

‘I am so confident that I am going to win. I defeated an incumbent and I am the governor. Within two years, it’s unprecedented what we have achieved. Man, I’m so confident that nobody can beat us there.’

Asked what he planned to do for the people of the state, the governor said: ‘This time, more goodies all the way, more goodies all the way throughout Osun State. We’ll be dancing, and we’ll be working.’

Chairman, Osun State PDP Governorship Screening Committee, Adebayo Adepoju, said the committee had gone through the documents of the governor and was confident that the coast was clear for him to proceed with the election