News
ICPC Interrogates CBN Officials, Others Over $3.4bn COVID-19 Loan

The Independent Corrupt Practices and Other Related Offenses Commission, ICPC, has questioned two officials of the Central Bank of Nigeria, CBN, and one from the Office of the Accountant-General of the Federation, OAGF, over a $3.4 billion loan allegedly granted to Nigeria by the International Monetary Fund, IMF.
Recall that the Socio-Economic Rights and Accountability Project, SERAP, had filed a lawsuit against President Bola Tinubu for failing to probe the $3.4 billion loan that was either “missing, diverted or unaccounted for.”
The organization said the lawsuit was in line with Section 16(1) and (2) of the 1999 Constitution.
Following calls for investigation from various civil society organizations, the ICPC has retrieved vital documents on the loan, which was meant to finance the budget and to manage COVID-19.
According to a source who spoke to The Nation, the probe of the loan was already in progress.
READ ALSO: SERAP Sues Tinubu ‘Over Failure To Probe Missing $3.4 Billion IMF Loan’
“ICPC has launched a comprehensive investigation into the $3.4 billion loan.
“The commission began the probe after it had reviewed the report of the Auditor-General of the Federation.
“Our investigators are trying to establish if the cash was missing, diverted, or unaccounted for.
“The documents relating to the loan were retrieved from the CBN, the OAGF, and the Ministry of Finance.
“Some CBN and OAGF officials were interviewed, and the officials of the Ministry of Finance will be interviewed in the coming (this) week.
“Investigation is ongoing into the various approval and utilisation of the funds by the beneficiaries,” he said.
News
IPF Commends Tompolo’s Commitment To Security In Delta, Nigeria

Ijaw Publishers’ Forum (IPF) has commended High Chief Government Ekpemupolo, popularly known as Tompolo, for his remarkable commitment to improving security in Delta State, Niger Delta and Nigeria at large.
In a press statement by its national president, Comrade Ozobo Austin, the IPF described Tompolo’s gesture towards Delta Security Trust Fund as a demonstration of his firm commitment to promoting peace, security, and progress in the atate, Niger Delta and Nigeria.
The group’s leadership lauded Tompolo’s philanthropic efforts, which according to them, portrayed his dedication to the well-being and prosperity of the country.
READ ALSO:IPF Wants NDDC MD Ogbuku, Others Probed
Recall that Tompolo promised continued support for the Delta State Security Trust Fund after making a handsome donation at the event held at the government house yesterday.
“The unprecedented donation and firm commitment to peace and security in the country by High Chief Tompolo are shining examples of his leadership and dedication to the development of Delta State, Niger Delta and Nigeria as a whole.
“We commend him for his vision and generosity, and we urge others to follow his footsteps in supporting initiatives that promote peace and security in Delta State and Niger Delta region.
“High Chief Tompolo’s support will go a long way in enhancing security measures in Delta state and contributing meaningfully to the overall development of the country,” the statement reads.
News
University Suspends Students’ Union Over Controversial ‘Gender Swap Day’

The management of Taraba State University (TSU), Jalingo, has suspended the Students’ Union Government (SUG) indefinitely following allegations of misconduct during the recently concluded 2025 Students’ Week celebration.
The decision came after photos and videos from the event’s controversial “Gender Swap Day” surfaced online, sparking outrage from members of the university community and the general public. The university said the activities violated its values, dress code, and moral standards.
In a statement signed by the Vice-Chancellor, Professor Sunday Paul Bako, on Tuesday, October 14, 2025, the management described the incident as “regrettable and disappointing,” noting that some students’ actions were inconsistent with the institution’s core principles.
READ ALSO:Nigerian-born Rwandan Varsity DVC Named Among World’s Top 2% Scientists
An emergency management meeting held on Monday, October 13 reviewed the incidents and blamed poor supervision and coordination by the current SUG leadership for the disorder that occurred during the week-long celebration.
As part of the resolutions reached, the SUG has been suspended indefinitely to pave the way for a complete restructuring of student leadership and representation. The university also announced plans to introduce a new framework promoting accountability, discipline, and inclusiveness among student leaders.
“Students who were involved in actions that misrepresented the university’s image will face disciplinary action,” the statement read.
READ ALSO:Tinubu Under Fire Over Presidential Pardon For Drug Offenders
“Those whose behavior involved criminal acts have been arrested and will be handed over to law enforcement for further investigation.”
In response, the SUG led by Victor Mishak Abednego, tendered an official apology to the university management, expressing regret over the embarrassment caused by the event and promising stricter adherence to university rules in future activities.
The university reaffirmed its commitment to academic excellence and moral integrity, warning that such conduct will not be tolerated in any future student-organized events.
News
Fire Ravages Residential Building In Oyo

Properties worth millions of naira have been destroyed in a fire incident that ravaged a residential building in Oyo, Oyo State.
The incident occurred at Aladota, Oke-Olola Area in Oyo around 9 am on Wednesday.
The chairman of the Oyo State Fire Service, Maroof Akinwande, confirmed the incident.
READ ALSO:Edo Assembly Commission Questions Clerk Over Alleged Age Falsification
In a statement made available to DAILY POST on Wednesday, Akinwande said that officers of the agency were immediately mobilised to the scene once they were informed.
“The fire incident was as a result of a spark from electricity which ignited combustible materials and set the room ablaze. No casualty was recorded. The agency was able to save properties worth millions of naira,” he said.
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