FRC; Diversifying Financial Reporting, Debuting Islamic Finance , BY ABUBAKAR YUSUF

The Financial Reporting Council, FRC as part of it’s transformation agenda under the Renewed Hope Agenda, RHA of President Bola Ahmed Tinubu’s administration has introduced series of programs as well diversified it’s activities in recent times.       This among many others included the introduction and integration of the robust Islamic Finance Services, IFS , known as “Islamic Banking “into Nigeria’s financial reporting framework by introducing standards issued by the Accounting Auditing Organization for Islamic Financiall Institutions (AAOIFI).       The decision of the leadership of Financial Reporting…

Customs extends deadline for migration to Authorised Economic Operator Scheme

The Nigeria Customs Service (NCS) has extended the deadline for all beneficiaries under the Fast Track Scheme to migrate to the Authorised Economic Operator (AEO) Programme. The initial cut-off date of December 31, 2025, has now been shifted to January 31, 2026.   According to a statement by the National Public Relations Officer, Deputy Comptroller Abdullahi Maiwada, the extension is part of the Service’s drive to deepen trade facilitation, enhance supply chain security, and strengthen compliance in line with international best practices.   Maiwada urged all remaining Fast Track beneficiaries…

Customs, NDLEA intercept 1,187kg of Canadian loud at Apapa Port

Barely five days after uncovering 25.5kg of cocaine on a Brazilian-flagged vessel, operatives of the Nigeria Customs Service (NCS) and the National Drug Law Enforcement Agency (NDLEA) have recorded another major interception at the Apapa Port this time seizing 1,187kg of Canadian Loud, a high-grade strain of cannabis. Acting on credible intelligence from the NDLEA, both agencies uncovered 2,374 packages of the illicit drug concealed in 55 bags hidden inside a 1x20ft container (FCIU 6369526) carrying two vehicles. Each package was compressed into 500g sachets. The discovery was made during…

WHAT IS NEXT AFTER THE EIGHT-DAY RETREAT IN NIGER STATE?

After eight days of intense learning, reflection, and reorientation inside the Hauwa Isah Wali Hall, government house, Minna, one question now sits at the centre of Niger State’s public service conversation is; What comes next? It is true that the capacity-building retreat for commissioners-designate, special advisers, permanent secretaries, and local government chairmen-elect may have ended, but what it set in motion is only beginning. The New Niger Vision of Governor Umaru Bago’s blueprint for a modern, accountable and development-driven state, now expects its executors to translate knowledge into action. During…

NHRC, LEDAP convene consultative forum to end harmful practices against women in Nigeria

The National Human Rights Commission (NHRC), in collaboration with the Legal Defence and Advocacy Project (LEDAP), organized a high-level consultative forum aimed at eliminating harmful traditional and religious practices that undermined the rights of women and gender equality in Nigeria. The event took place at the Bukhari Bello Auditorium, NHRC Headquarters, Maitama, Abuja. Dr. Tony Ojukwu Executive Secretary of NHRC, welcomed participants, noted that gender-based violence and harmful practices ranging from female genital mutilation and child marriage to discriminatory inheritance laws and dehumanizing widowhood rites remained a serious threat to…

Ondo Govt sets up Diaspora Focal desks in all 18 LGAs to deepen global engagement

The Ondo State Government has approved the establishment of Diaspora Focal Desks across all 18 Local Government Areas of the state in a strategic push to strengthen inclusive engagement with its citizens worldwide.   Announcing the initiative in a statement, the Director of Media, Public Relations and Protocols at the Nigerians in Diaspora Commission (NIDCOM), Abdur-Rahman Balogun, said the newly created desks will decentralise diaspora engagement and ensure that every local government directly benefits from global partnerships, development support, and community-driven interventions.   According to the statement, the Focal Desks…

TGF proposes new ministry to unify Nigeria’s internal security agencies

The Transformative Governance Forum (TGF) has urged President Bola Ahmed Tinubu to approve a far-reaching restructuring of Nigeria’s internal security architecture through the establishment of a Ministry of Internal Security and Public Safety (MISPS).   The recommendation is contained in TGF’s maiden policy advisory submitted to the President in December 2025. The group warned that Nigeria’s current security framework suffers from “dangerous fragmentation, institutional rivalry, and wasteful duplication,” which undermine national safety and weaken the fight against terrorism, banditry, kidnapping, and organised crime.   Under the proposed reform, key internal…

Senate grills Ibok-Ete Ibas, Jimoh Ibrahim, Other Ambassadorial nominees

The Senate Committee on Foreign Affairs on Wednesday continued its screening of ambassadorial nominees forwarded to the National Assembly by President Bola Ahmed Tinubu for confirmation. Chaired by Senator Sani Bello, the committee assessed several career and non-career diplomats, including former Chief of Naval Staff, Vice Admiral Ibok-Ete Ibas (rtd.); Senator Jimoh Ibrahim (Ondo South); Ahmed Sulu-Gambari; Maimuna Besto; Monica Enebechi; Ahmed Monguno; Kingsley Onaga; Magaji Umar; and Aminu Nasir. Senator Ibrahim, a serving lawmaker and businessman, appeared before the panel to present his Curriculum Vitae. In line with Senate…