General News
New Twist in Alleged Missing $20Bn Oil Money Probe

A dramatic twist was added to the alleged missing $20 billion oil money as Mr. Samuel Ukura, auditor general of the Federation, yesterday, told the Senate Committee on Finance investigating the disappearance of the money that his office lacked the constitutional power to carry out forensic audit on Nigerian National Petroleum Corporation (NNPC) account.
Citing section 85 of the 1999 Constitution, the auditor-general, informed the committee that his office lacked the constitutional power to audit the accounts of the NNPC
Mallam Lamido Sanusi, suspended, governor og Central Bank of Nigeria (CBN) had raised the alarm that the $49.8 billion, which was supposed to be remitted to the coffers of the Federal Government through the nation’s apex bank was nowhere to be found.
Sanusi’s allegation and petition to the Senate Committee led to the ongoing probe of the missing fund where Dr. Ngozi Okonjo-Iweala , coordinating minister for the economy and minister of Finance, had told the committee that she was going to hire foreign experts for forensic audit of NNPC.
NNPC submission at the hearing has been marred by confusion.
The Senator Ahmed Makarfi-led committee then asked auditor-general of the Federation to explain the link between routine checks by his office in NNPC and the committee’s investigation.
Okura was asked to furnish the committee with information on whether the periodic checks his office carries out in the NNPC had to do with the subject matter of its investigation.
The auditor-general, citing section 85 of the 1999 Constitution, informed the committee that his office lacked the constitutional power to audit the accounts of the NNPC, but that he had begun a routine check on the corporation as provided for in the constitution.
Said Makarfi: “We want you to, in writing, confirm to us what you are checking in the NNPC accounts. Does it cover what we are looking for? We will only make further directives on this matter when you write a letter to us to tell us whether or not what you are doing covered our own area of investigation.”
On the confusion generated by an earlier memo submitted to the committee, Andrew Yakubu, group managing director of NNPC, informed the lawmakers that, “in view of the confusion, there is the need to further clarify and align figures. So, we will withdraw the submission and present it again.”
The committee had pointed out that figures in the memo as read out during yesterday’s hearing were confusing as they did not add up to the $2.4 billion earlier claimed by the NNPC.
In her submission to the committee yesterday, Dr. Sarah Alade, acting governor of the Central Bank of Nigeria (CBN), said that the apex bank will remain on the side of the law with respect to what fraction of the revenue generated by the NNPC should be remitted to the Federation Account.
General News
NCDC Predicts Cholera Outbreak in 10 States as Heavy Rains Loom

Nigeria Centre for Disease Control and Prevention (NCDC) has warned of an imminent cholera outbreak in 10 states following forecasts of heavy rainfall and possible flooding across parts of the country.

The agency said flood predictions issued by the Federal Ministry of Environment and the Nigerian Meteorological Agency (NiMet) indicated that parts of Adamawa, Enugu, Kaduna, Kogi, Niger, Osun, Oyo, Plateau, Taraba and Kwara states may experience heavy rainfall and flooding between April 13 and 17, 2026.
In a public health advisory signed by Dr Jide Idris, director-general, the NCDC noted that the alert was coming at a critical time as Nigeria enters the seasonal period when cholera cases typically begin to rise.
The agency explained that recent national surveillance data already showed increasing cholera activity in multiple states, warning that flooding could rapidly worsen the situation through contamination of drinking water sources and disruption of sanitation systems.
According to the NCDC, flooding during this period may increase the risk of cholera and other diarrhoeal diseases, malaria and other mosquito-borne infections, as well as illnesses linked to contact with contaminated floodwater.
It also warned of possible injuries, including drowning and snakebites, as well as disruption of access to healthcare services in affected areas.
The agency stressed that the risks were preventable with early action, urging residents in at-risk communities to use only safe water for drinking and cooking by boiling, chlorinating or using bottled water.
It also advised regular handwashing with soap and clean water, avoiding contact with floodwater, and maintaining proper sanitation including safe disposal of waste and avoiding open defecation.
The NCDC further urged Nigerians to store and handle food safely to prevent contamination, sleep under insecticide-treated nets to reduce mosquito bites, and seek immediate medical attention if they experience diarrhoea, vomiting, fever or any symptoms of illness.
The agency said community leaders and local authorities must support sanitation activities and drainage clearance, promote hygiene practices and access to safe water, encourage early reporting of suspected illness, and ensure accurate public health information is widely shared.
On its part, the NCDC said it was working closely with State Ministries of Health and relevant partners to strengthen surveillance, enhance preparedness and support rapid response efforts in affected states.
It added that state governments were being supported to activate multisectoral response mechanisms, especially in water, sanitation and emergency management.
The agency maintained that early action, community vigilance and prompt care-seeking could prevent outbreaks and save lives.
General News
Building Systems that Outlive Founders

By Bidemi Oke
There is a quiet misconception in many growing companies that vision alone is enough to sustain momentum. Founders are often the engine because they are decisive, driven and deeply involved. But what happens when the engine steps back?

That question is where real companies are separated from fragile ones. Building something that outlives a founder is not about removing their influence; rather, it is about translating that influence into systems, repeatable, observable and transferable structures that do not rely on constant presence. Without this, growth becomes personality-dependent, and scale becomes inconsistent.
At the early stage, founder-led execution works. Decisions are faster, direction is clearer, and there is less friction. But as the company grows, that same model becomes a bottleneck. Every approval, every escalation, every strategic shift begins to orbit one person. The business does not slow down because of external pressure; it slows down because its internal architecture cannot carry its own weight.
Usually, “system” is often misunderstood. It is not just about tools, dashboards or policies. It is about designing how decisions are made, how information flows and how accountability is structured. It is about making sure that the logic behind actions is visible, not assumed.
For example, a strong system answers questions before they become problems. What triggers a decision? Who owns it? What data informs it? What happens if it goes wrong?
When these are unclear, teams default to escalation. When they are clear, teams operate with autonomy.
This is where many founders hesitate. System-building feels like losing control. In reality, it is the only way to extend control without being physically present. It shifts leadership from being reactive to being embedded.
One of the most overlooked aspects of building enduring systems is Documentation.
Now, not as a formality but as a strategic asset. Decisions that are not documented become opinions. Processes that are not documented become inconsistent.
Over time, this creates invisible friction. Teams solve the same problems repeatedly but differently each time.
Documentation, when done well, becomes institutional memory. It ensures that the company remembers even when individuals move on.
Another critical layer is Feedback Loops. Systems should not be static; they must evolve with the business. This requires structured ways to capture what is working, what is failing and what needs refinement. Without feedback loops, systems become outdated. With them, systems become adaptive.
There is also a cultural dimension to it. Systems do not operate in isolation; people execute them. If the culture rewards speed over clarity, systems will be bypassed. If the culture values accountability, systems will be strengthened. The goal is alignment where systems reinforce behaviour and behaviour reinforces systems.
In fast-moving industries, this becomes even more important, take fintech, for instance. The pace of regulatory change, market volatility and user expectations demands consistency under pressure.
Companies that rely solely on founder instinct struggle to keep up, while those that invest in structured decision-making, risk management frameworks, and operational clarity are better positioned to adapt.
This is something we are increasingly seeing in companies like FlashChange, where the focus is not just on growth, but on building operational resilience. The emphasis is shifting from “who is making the decision” to “how decisions are made.” That shift, while subtle, is very powerful. It creates a foundation that can support scale without losing direction.
Ultimately, building systems that outlive founders is about redefining leadership. It is not measured by how many decisions a founder makes, but by how many decisions the organisation can make without them.
The strongest companies are not those where the founder is always present. They are the ones where the founder’s thinking is quietly embedded, shaping actions, guiding priorities and influencing outcomes, even in their absence. That is how legacies are built.
Not through constant control, but through systems that carry intent forward.
Bidemi Oke is the Chief Executive Officer of FlashChange, a fintech platform focused on secure digital asset exchange. He is an entrepreneur and vibrant leader, recognised for driving innovation and redefining access in the financial technology industry.
General News
Martell’s Monumental Journey of Audacity Reaches Abuja

After kicking off in Lagos, Martell’s nationwide campaign, Martell On The Move, has officially arrived in Abuja. The road trip features The Swift Ascendant, a monumental 14 foot art installation that is traveling across the country to connect with people through local art and nightlife.

The installation is a physical tribute to the Swift, Martell’s iconic sigil and a symbol of freedom and constant motion. This bird represents a spirit that never stands still, much like the “Standout Swift”. A Standout Swift is anyone who embodies that same drive, rising above the ordinary to redefine their own path.
The Swift Ascendant is the result of a collaboration with celebrated Nigerian artist Dotun Popoola. What makes this piece truly stand out is its soul: it was built entirely from discarded and scrap metal.
By giving new life to old materials, Popoola and Martell have created a physical reminder that reinvention is a choice. It is a nod to a more conscious kind of luxury, one that finds beauty in what has been left behind and proves that great things can be built sustainably.
The Abuja leg of the journey hit a major milestone on March 21st at Fuego Lifestyle. It wasn’t just another event on the calendar; it was a full immersion into the Martell world. Guests at Fuego experienced the brand’s energy through curated music, signature cocktails, and a vibe that matched the industrial, edgy aesthetic of the sculpture itself.
The event served as the perfect introduction for Abuja’s social scene to see exactly how Martell is blending heritage with a modern, gritty edge. “We brought The Swift Ascendant to Abuja because the city understands ambition, audacity, and what it means to push boundaries,” said Evane Chenuet, Marketing Director at Pernod Ricard Nigeria.
“Working with Dotun Popoola allowed us to create something that feels raw and real, reflecting the House of Martell’s three hundred year legacy of challenging the status quo. Seeing it at Fuego Lifestyle showed that when art and atmosphere align, the experience isn’t just visual, it becomes something people truly feel”.
The campaign is far from over. Martell is now challenging Abuja residents to keep their eyes peeled as the installation moves through the city. If you happen to come across the 14 foot metal swift during your commute or a night out, the brand wants you to be part of the story.
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