Daily Record

EFCC arraigns ex-NRC MD over alleged $385,000, N165m fraud

The Economic and Financial Crimes Commission on Tuesday arraigned a former Managing Director of the Nigerian Railway Corporation, Fidet Edetanle Okhiria, before the Lagos State Special Offences Court sitting in Ikeja over an alleged fraud involving $385,000 and N165,438,000. Okhiria was arraigned before Justice Rahman Oshodi on a seven-count charge …

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Driving Growth Through Sustainability: FirstBank’s Commitment

Sustainability has become a critical priority for businesses and governments across the world, driving growth, innovation, and positive change. As the world grapples with climate change, social inequality, and economic uncertainty, organisations are recognising the importance of adopting sustainable practices that balance Environmental, Social, and Governance considerations. In Nigeria, the …

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Stanbic IBTC Nominees Limited celebrates 30 years of trust with landmark gala event

Stanbic IBTC Nominees Limited marked a significant milestone on Wednesday, 11 February 2026, celebrating three decades of exceptional custodial services in Nigeria’s financial markets. The anniversary gala, held under the theme “30 Years of Trust,” brought together industry leaders, clients, regulators, and stakeholders to commemorate the institution’s enduring legacy and …

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Dangote Refinery and NNPC Forge Strategic Alliance to Secure Nigeria’s Energy Future

In a landmark move signaling a new era of collaboration, Dangote Petroleum Refinery and the Nigerian National Petroleum Company Limited (NNPC Ltd.) have committed to a strategic partnership aimed at transforming Nigeria’s energy landscape and driving industrial self-sufficiency. During a high-level visit to the Dangote Refinery and Petrochemicals complex in …

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$214Bn Missing, Institutions Silent: Is Accountability Dead in Nigeria?

BY BLAISE UDUNZE Between 2010 and 2026, a staggering $214 billion, approximately N300 trillion in public funds, has been reported as missing, unaccounted for, diverted, unrecovered, irregularly spent, or trapped in non-transparent fiscal structures across Nigeria’s public institutions. That figure is not speculative but a conservative estimate of unaccounted funds. …

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