The Economic and Financial Crimes Commission has traced funds linked to the failed CBEX cryptocurrency investment scheme to at least four countries, raising concerns that full restitution to victims may be unattainable. EFCC Chairman, Ola Olukoyede, disclosed this during an appearance on Channels Television’s Politics Today on Wednesday. He revealed that the commission had frozen several accounts tied to the scheme and recovered a significant—but undisclosed—sum of money. “We have been able to block some accounts. We have been able to freeze some funds, which I will not be able to give you a figure, but some reasonable amount of…
Author: Platform Times Newspaper
The Joint Admissions and Matriculation Board (JAMB) has disowned a fraudulent bank account allegedly being used to extort money from candidates who missed the 2025 Unified Tertiary Matriculation Examination (UTME), warning that scammers are demanding N15,700 for fake rescheduling services. In a statement released on Thursday, JAMB’s spokesperson, Fabian Benjamin, identified the fraudulent account as a Sterling Bank account with the number 8520641017 and the name “Copyrightwriter Personal J Rescheduling Flw”. He described the scheme as a criminal attempt to defraud unsuspecting candidates. “We issue this urgent notice to inform the public about this nefarious scheme targeting candidates who were…
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has commenced an investigation into a staggering N71.2 billion discrepancy in the disbursement of funds under the Nigeria Education Loan Fund (NELFUND). The commission’s Director of Public Enlightenment and Education, Demola Bakare, disclosed this in a statement on Thursday in Abuja, noting that preliminary findings uncovered major irregularities in the financial records of the student loan scheme. According to Bakare, while the Federal Government reportedly released N100 billion for the implementation of the students loan initiative, only N28.8 billion was confirmed to have reached student beneficiaries, raising concerns over the…
The League of Imams and Alfas in Ogun State, on Thursday, inaugurated the Council of Muslim Titled Chiefs (COMTIC), aimed towards unifying the Muslim Ummah in the state and strengthening Islamic leadership. The historic event took place in Abeokuta, Ogun State capital, and was graced by prominent Islamic scholars, leaders, and traditional Muslim titleholders. Among those in attendance were the President General of the League, Shaykh Sikirullahi Babalola; the Grand Chief Imam of Egbaland, Shaykh Saadallahi Bangbola; the Grand Chief Imam of Ijebuland, Shaykh Muftaudeen Ayanbadejo; and the Grand Chief Imam of Remoland, Shaykh Abdul Qadri Jinadu. The Baba Adeen…
Human rights activist and former presidential candidate of the African Action Congress (AAC), Omoyele Sowore, has warned that the growing public discontent with President Bola Ahmed Tinubu’s administration could ignite a mass protest movement reminiscent of the 2020 #EndSARS uprising, unless urgent reforms are implemented. Speaking on Frontline, a current affairs programme on Eagle 102.5 FM Ilese-Ijebu, on Thursday, May 1, 2025, Sowore said the popular #TinubuMustGo campaign could snowball into a nationwide revolt if the administration continues on its current trajectory of failure across critical sectors. “This administration is heading into its second year, and it is a second…
Despite prevailing economic challenges, the Nigeria Labour Congress (NLC), Ogun State Council, has completed 23 different projects without any financial assistance from the government, its Chairman, Comrade Hameed Benco Ademola, has revealed. Comrade Benco made the disclosure during the 2025 Workers’ Day celebration held at the NLC Secretariat in Abeokuta, while receiving the General Manager of Fresh 107.9 FM, Abeokuta, Chief Goke Babalola, who was represented by the station’s Assistant General Manager, Dr. Adeyinka Adegbite, popularly known as Ọmọ-Bàbá-Tíṣà. According to the NLC Chairman, the projects, all executed within his two-year tenure, were funded through internally generated revenue and voluntary…
As Nigeria marked the 2025 edition of Workers’ Day, legal and financial expert Dr. Gbenga Adeoye delivered a clarion call to civil servants across the country, describing them as the engine room of national development and urging both public servants and political leaders to uphold a culture of service, accountability, and respect. Speaking in a message commemorating Workers’ Day, Dr. Adeoye stressed that no nation can thrive without a vibrant, ethical, and effective civil service. He emphasized that the fate of Nigeria’s progress rests heavily on the conduct and efficiency of its public workforce. “If civil servants work well, there…
Feyisayo Ogunbiyi The Amalgamated Commercial Tricycle and Motorcycle Owners, Repairers and Riders Association of Nigeria (ACOMORAN), Ogun State chapter, on Wednesday inaugurated 28 new executives for the 2025–2030 administration, emphasizing the importance of literacy and inclusion of women in leadership. At the inauguration ceremony held in Ogun State, the National President of ACOMORAN, Alhaji Samsudeen Apelogun, underscored the need to reposition the association through competent and educated leadership. He declared that all candidates seeking leadership roles within the union must possess at least an O’Level certificate. “Whoever wants to contest for any position must have a school certificate. We need…
The Nigeria Deposit Insurance Corporation has emerged overall winner and third-place finisher at the 2025 Federal Public Service Innovation Competition, clinching two top spots out of 155 entries submitted by Ministries, Departments and Agencies (MDAs). A statement issued by the Ag. Head, Communication & Public Affairs, Hawwau Gambo, andade available to PLATFORM TIMES read that the competition, organised by the Office of the Head of the Civil Service of the Federation (OHCSF), culminated in an award ceremony held on Tuesday, April 29 in Abuja, where Head of Service, Mrs. Didi Walson-Jack, announced the NDIC’s dual victories. The Corporation’s Carpooling Team…
A group of concerned Ogun State indigenes in the diaspora have issued a strong appeal to political stakeholders and citizens to rally behind the most competent and morally upright candidate in the upcoming 2027 gubernatorial election, irrespective of political affiliation. In a statement titled “A Call for a Collective Support Towards the Best Candidate for Governor of Ogun State in 2027,” signed by prominent sons of the state, the group emphasised the need for a departure from politics driven by sentiment, sectionalism, or party loyalty. The statement, jointly signed by Akogun Deji Taiwo (Ogun Central), Prince Sola Olabode (Ogun West),…