News
NIPOST Targets 40m Nigerians in Financial Inclusion Programme

Mallam Ibrahim Mori Baba, post master general of Nigerian Postal Services (NIPOST), has said that the Post will bring over 40 million rural people into the financial market with the establishment of shared financial agent services across the country.
The PMG was speaking on the newly launched One Network managed multi- stakeholder partnership at Kubwa Post office, Abuja.
He said the post office will soon become the most important center for access to financial and citizen services under the financial inclusion pragramme of the Central bank of Nigeria (CBN) in partnership with the federal Ministry of Communications Technology.
Baba stated that the NIPOST is not just about posting stamps but is actually setup to provide much more such as e-commerce and other allied services.
‘‘We have completed arrangements with e-commerce services providers like Konga who will also be able to utilize this project to extend their services to unserved areas across the country.
The facility which is a partnership between NIPOST and NigComSat and managed by One Network limited is powered by NigComSat’s new Ka-band to boost internet accessibility in all the targeted 50,000 rural area locations across the country.
The launching of the project was described as a major milestone in making financial inclusion a reality in Nigeria, with about 1,170 post offices available for the provision of the shared financial services by Central Bank Licensed Financial institutions like FirstBank’s FirstMonie, Nigeria Agric. payment Initiative ( NAPI ) involving NIMC , Ministry of Agriculture and Central Bank based on Cellulant’s mobile payment platform.
Ms Abimbola Alale, managing-director of NIGCOMSAT, said that the new Ka-band would provide cheap internet financial transactions and internet accessibility at a lower cost to Nigerians through this partnership.
Alale said the new Ka-band inaugurated recently would be used by NIPOST, government, private and public stakeholders to achieve its aim.
Mr Peter Jack, director general of NITDA, also expressed commitment in setting up Public Access Venues with connected systems that can be used for access to digital services by the local community where the post offices are located.
The project is an initiative of stakeholders coming together to make sure that it works out.
It is expected to transform NIPOST to a modern postal service through digital financial services starting with 1170 Post offices across the country.
Mr Sola Bickersteth, chief executive of One Network, the project managing partner, said the Ka-band satellite from NIGCOMSAT would enable affordable connectivity in every rural community across Nigeria, creating job opportunities for interested agents .
He said rural people would also have access to agriculture loans, small business loans , mortgage facilities , insurance among others services that are beneficial to rural citizens .
“We are collaborating with The various stakeholders to have the post offices properly equipped, powered and connected as well provided with trained agent services staff,’’ he added.
Under the scheme, other financial institutions and service providers would also have the opportunity to become a part of the NIPOST Financial and Citizen Benefit Shared Services Scheme which targets 50,000 locations across the country.
In addition, the National Identity Management Commission ( NIMC) also would leverage the facility for enrolment of local citizens to obtain their National Identity Cards.
News
INEC Warns of Fake Ad-hoc Staff Recruitment Portal

Independent National Electoral Commission (INEC) has raised alarm about a fake and unauthorized website falsely claiming to be an “INEC Ad-hoc Staff Recruitment Portal 2026.”

The Commission raised the alarm in a statement published on its website late Tuesday.
It identified the fake recruitment website as okripeti.org/Inec-ADhoc-Sta…
The Commission affirmed that the website is fake and not affiliated with the it in any way.
“Members of the public are advised that any information, statistics, or application forms on this website are false, misleading, and intended to deceive unsuspecting applicants.”
It also advised anyone who has already registered on the fake portal to discontinue immediately and reapply only through the official INEC links provided above.
“INEC remains committed to transparency, credibility, and the protection of the public from fraudulent activities,” the Commission said.
The Commission also said it conducts Ad-hoc Staff recruitment ONLY through its official platform known as INECPRES.
It listed the only authentic links for the 2026 FCT Area Council Election Ad-hoc Staff recruitment as: •🌐 Web & iOS: pres.inecnigeria.org •📱 Android (Mobile App): presmobile.inecnigeria.org
It added that any other website or link outside the above is not authorized by INEC.
It thereforfore advised prospective applicants to verify all recruitment information using INEC’s official websites, not to click or register on suspicious or unofficial links
not to submit personal details (BVN, passwords, OTPs, or bank details) on non-INEC platforms and to always check that the URL ends with inecnigeria.org
News
NRS Boss Dismisses Fears of Political Weaponisation in Tax Reforms

Dr. Zacch Adedeji, Chairman of the Nigeria Revenue Service (NRS), has allayed fears that the new tax reform framework could be weaponised by the Federal Government to target political opponents or individuals based on affiliation.

Dr. Zacch Adedeji
Adedeji, responding to concerns over potential selective enforcement or politically motivated tax scrutiny, insisted the reforms prioritise national interest, transparency, due process, and institutional accountability.
Addressing speculations on suppressing opposition voices ahead of elections, he said: “I think the question you will ask is that we need to commend the courage of Mr. President, that despite the fact that there is an election coming, he is courageous enough to continue on this path of statesmanship and not of politicians.”
The NRS boss explained that it would have been politically expedient to shelve the reforms during an election cycle, but President Bola Tinubu opted to strengthen the country’s fiscal foundation and economic governance.
He outlined that the agenda targets structural tax system weaknesses, enhances fairness, and fosters a simplified, predictable compliance environment to boost voluntary participation over coercion.
Adedeji attributed public scepticism to Nigeria’s history of perceived institutional misuse, but stressed the new framework minimises administrative discretion through rule-based processes, automation, accountability, and governance safeguards insulated from political influence.
According to him, the reforms emphasise taxpayer trust, linking taxes to visible public service improvements while expanding growth opportunities and sustainable public finances.
He reaffirmed the focus on economic stability, credible institutions, phased implementation, investment support, vulnerable group protection, and freedom from partisan interference.
News
Court Sends Faleti, Ex-Lagos Director to Jail for Stealing ₦48.9m from Access Bank

An Ikeja Special Offences and Domestic Violence Court on Monday sentenced Olawale Faleti, a former Lagos State Education director, to two years and five months’ imprisonment for stealing ₦48.9 million from Access Bank Plc.

Justice Rahman Oshodi convicted Faleti, 64, on five counts of stealing after finding him guilty of charges filed by the Economic and Financial Crimes Commission (EFCC).
In his judgment, Oshodi said the offence was deliberate and sustained, noting that Faleti carried out repeated withdrawals despite knowing he had no authorisation to access the funds.
The judge added that the convict failed to show genuine remorse or fully accept responsibility for his actions.
“Financial institutions are the lifeblood of our economy and public confidence in them must be preserved,” Oshodi said, adding that “Those who attempt to defraud or steal from banks must understand that severe consequences will follow.”
While acknowledging Faleti as a first-time offender, the court said a custodial sentence was unavoidable.
The judge applied a 20 per cent reduction from the three-year maximum sentence, citing minimal restitution efforts as a mitigating factor.
Faleti was sentenced to two years and five months’ imprisonment on each of the five counts, with the sentences ordered to run concurrently.
The court directed that the sentence take effect from January 5, 2026, and ordered that Faleti’s biometric details and name be entered into the Lagos State Judiciary offenders’ registry.
After deducting ₦3 million already restituted, the court ordered Faleti to pay an outstanding ₦45.9 million to Access Bank Plc, directing the bank to notify the court upon full recovery of the funds.
Earlier, Mr Ahmed Dambuwa, EFCC counsel, told the court that Faleti dishonestly converted ₦48.9 million belonging to the bank by exploiting unauthorised access to an Access Bank credit card.
He said the card permitted withdrawals of not less than ₦43,000 per transaction, but a system glitch enabled Faleti to withdraw about ₦48 million during the COVID-19 pandemic in 2020.
One of the charges stated that between July 2 and July 10, 2020, Faleti converted ₦12.6 million for personal use, while another alleged that between May 22 and July 1, 2020, he converted ₦6.9 million, all property of Access Bank Plc.
The offences were said to contravene Section 287(1)(a) of the Criminal Law of Lagos State, 2015.
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