General News
Osinbajo Preaches Buhari, APC on BRT Bus
Prof. Yemi Osinbajo, vice presidential candidate of the All Progressives Congress (APC) in the 2015 presidential election, on Thursday said the country needed a man of integrity, such as the APC’s flag bearer, Maj. Gen. Muhammadu Buhari, to end corruption in the country.
Osinbajo, who joined passengers in the Bus Rapid Transit (BRT) from the Tafawa Balewa Square to Barracks area of Lagos, urged Nigerians to vote for Buhari, saying the former military Head of State is the only one that can curb corruption in the country.
The former Lagos State Commissioner for Justice addressed passengers in the bus, saying he would utilise “unusual opportunities to reach out to Nigerians on the need to vote out the PDP.”
He said, “Every Nigerian knows that Maj. Gen. Buhari is a no-nonsense person. He is going to make changes that would turn Nigeria around for the better. Remember that the APC is the party of change. Collect your PVC and ensure that you vote for the APC.
“The only way to make an omelet is to break an egg. You have to do something and I think that all of us, whatever it is that we are involved in must be interested in making a difference in this country. This country needs help desperately. Considering the economy and the security challenges, everyone of us must be involved in trying to get a change.”
While responding to a question by one of the BRT passengers, identified as Mfawa Edet, on whether Buhari was sponsoring Boko Haram, Osinbajo dismissed the allegations as “pure propaganda.” He noted that if Buhari was sponsoring the Boko Haram sect, they would not have attempted to kill him.
The arrival of Osinbajo at Barracks area of Lagos attracted some APC supporters and caused a mild gridlock on the road. Party supporters, who chanted solidarity songs, struggled to take photographs with him.
Giving an account of his stewardship as a former Attorney General of Lagos State, Osinbajo said the Lagos State judiciary recorded huge success because he enforced a zero tolerance policy for corruption.
He said during his tenure, 22 magistrates and three judges were sacked because of corruption-related cases.
He said, “In 1999, there was a survey, a great percentage said there was so much corruption in the judiciary in Lagos State. We decided on a plan; first we increased the salaries of the members of staff, we also decided that if a report was made about any judge, we follow up the report and treat any complaint of injustice, involve in investigation and we will reach a logical conclusion.”
Economic and Financial Crimes Commission (EFCC), has detained Tunde Ayeni, former chairman of defunct Skye Bank Plc, for alleged fraud involving N36.5 billion and $30 million.
Tunde Ayeni, former chairman of defunct Skye Bank Plc,
This follows the probe of alleged diversion of N36.5 billion and $30 million secured as loans from Polaris Bank Plc through companies linked to Ayeni.
He was arrested by EFCC operatives in Abuja on April 23, 2026, and is still been held in custody as at the time of filling the report.
Dele Oyewale, spokesperson, EFCC, confirmed the arrest on Friday but declined to provide further details.
Ayeni is under investigation for diverting funds obtained for marine security, electricity distribution, and real estate projects into other unknown projects.
Investigators allege the loans were instead channelled into telecom investments tied to NITEL/MTEL assets via a NATCOM account.
About 12 firms believed to be connected to Ayeni are also under investigation for their role in securing the loans.
The EFCC is expected to file charges once the investigation is concluded.
Summit Household Solutions Limited has opened its ultra-modern manufacturing facility in Ota, Ogun State, as part of its efforts to scale production of home and personal care products in Nigeria.
The plant, which started operations in April 2025, produces items such as dishwashing liquids, handwash, sanitisers and multipurpose liquid soaps, with an annual capacity estimated at 7,000 tonnes.
Commissioning the facility on behalf of Governor Dapo Abiodun, the Permanent Secretary, Ministry of Commerce, Trade and Investment, Mr Kehinde Akintomide, said the investment reflects growing confidence in Ogun State’s business environment.
He noted that the state hosts over 6,000 manufacturing firms and described the development as consistent with ongoing efforts to promote industrialisation, attract investment and reduce reliance on imports under the Federal Government’s Renewed Hope initiative.
Akintomide disclosed that the factory has already employed more than 50 Nigerians, with projections to exceed 250 jobs as operations expand.
In his remarks, the General Manager of the company, Mr Sadiq Ali, said the facility represents a major step in Summit’s growth plans, adding that its flagship brand, 2Sure, currently leads production at the plant.
He also revealed that the company is preparing to introduce new home and personal care products later this year.
Summit Household Solutions manufactures the 2Sure brand and has expanded into the personal care segment with Lewar, a premium beauty soap line positioned for quality and affordability.
Among dignitaries present were the Onikotun of Otun, Ota, Oba Abdulakeem Odunaro, representing the Olota of Ota, Prof. Adeyemi Abdulkabir Obalanlege; the Agba Akin of Ota, Chief Dada Olusola; Director of Investment, Ms Yemisi Folarin; Director of Industrial Promotion, Mr Femi Adeboye; former Managing Director of 7Up Bottling Company, Mr Ziad Maalouf; and the Chief Executive Officer of OmniRetail, Mr Deepanker Rustagi.
Speaking at the event, Maalouf, who conceived the 2Sure brand during his time at 7Up Bottling Company, expressed satisfaction with its growth and commended Summit Solutions Limited for advancing the brand.
The special guests were conducted around the facility, and the programme was concluded with a luncheon.
The administration of Donald Trump has frozen $344 million in cryptocurrency allegedly linked to Iran, marking a sharp escalation in financial pressure on Tehran.
The move comes amid stalled diplomatic efforts and a fragile ceasefire in the region.
U.S. Treasury Secretary Scott Bessent confirmed that authorities are sanctioning multiple crypto wallets tied to Iran. “We will follow the money that Tehran is desperately attempting to move outside of the country and target all financial lifelines tied to the regime,” he said.
Tether, which facilitated the transactions, said it worked with U.S. authorities to freeze the funds across two wallet addresses after receiving intelligence linked to unlawful activity.
A U.S. official said blockchain analysis revealed “material links” to the Iranian regime, including transactions routed through intermediary addresses connected to wallets associated with the Central Bank of Iran.
Responding to the development, Tether CEO Paolo Ardoino said the company does not tolerate illicit use of its stablecoin. “USD₮ is not a safe haven for illegal activity. When there is credible linkage to sanctioned entities or criminal networks, we act immediately,” he stated.
The crackdown underscores the growing reliance of sanctioned states on digital assets to bypass traditional banking restrictions. Data from Chainalysis shows Iran’s cryptocurrency holdings reached $7.8 billion in 2025, with the Islamic Revolutionary Guard Corps reportedly controlling about half.
Analysts say while the freeze is significant, Iran has historically adapted to sanctions. Daniel Tannebaum of the Atlantic Council noted that targeting third-party actors enabling such transactions may be key to increasing pressure.
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