EFCC Operation Not Responsible For Kwara Poly Protest, Says Ilorin Zonal Directorate

EFCC Operation. Operatives of the Ilorin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, carried out a sting operation within two buildings flagged for suspected internet-related fraud at Agbede Community in Ilorin, Kwara state.

The operation, carried out on Wednesday, March 24, 2026, yielded the arrest of 30 suspected internet fraudsters, six of whom are students of Kwara State Polytechnic. The profiling of the students showed that all the six students are actively involved in internet fraud. Eight vehicles suspected to be proceeds of crime were recovered from the suspects, alongside mobile phones and laptops.

EFCC

The sting operation was not remotely connected to the Polytechnic. No entrance was made into the premises of the Institution and there was no disruption of any activity of the school. It is untenable to link any protest by some students of the Polytechnic to the lawful operation of the EFCC. Any video in circulation linking students’ protest with the operation of the Commission is contrived and outright misrepresentation of the operation.

The EFCC, for the umpteenth time, assures the public of the professionalism and integrity of its operations. All the channels of reporting unethical conduct of staff of the Commission remain open. The Commission will continue to work in the overall interests of Nigerians.

NAF Partner Ekiti On Aircraft Maintenance Depot As CAS Pledges Expanded Airpower Presence

The Nigerian Air Force (NAF) and the Ekiti State Government have initiated strategic collaboration towards the establishment of an Aircraft Maintenance, Repair and Overhaul (MRO) Depot aimed at strengthening indigenous technical capacity, enhancing operational readiness, and advancing national development.

This was disclosed during a courtesy visit by the Executive Governor of Ekiti State, Mr Abiodun Abayomi Oyebanji, to the Chief of the Air Staff (CAS), Air Marshal Sunday Kelvin Aneke, at Headquarters Nigerian Air Force, Abuja on 26 March 2026. The CAS noted that the initiative represents a critical milestone in the Service’s deliberate drive towards self-reliance in aircraft maintenance and the sustainable projection of airpower in support of national security objectives.

Air Marshal Aneke further explained that Ekiti State was identified as a potential host location due to its strong intellectual capital and growing reputation as a hub of knowledge and innovation. He commended the State Government for the allocation of land for the establishment of a NAF base and associated infrastructure, describing the gesture as a strategic investment in both security and socio-economic development.

According to the CAS, the proposed depot will not only enhance the Nigerian Air Force’s technical capability but will also generate specialised employment opportunities, stimulate local industry, and contribute significantly to the growth of Nigeria’s aviation and engineering sectors. He reaffirmed the Service’s commitment to expanding its operational footprint in Ekiti State to further strengthen security architecture across the South-West region.

In his response, Governor Oyebanji lauded the Nigerian Air Force for its professionalism and unwavering commitment to safeguarding national stability, assuring the CAS of his administration’s full support for initiatives aimed at enhancing security and economic prosperity.

Ekiti, NAF

He emphasised that the proposed MRO depot and NAF base would not only bolster the State’s security framework but also catalyse investment, human capital development, and sustainable growth.

Both leaders reaffirmed their shared resolve to deepen strategic collaboration in pursuit of a safer, more resilient, and economically vibrant Nigeria.

CBN Acknowledges High Court Ruling Over Dissolution Of Union Bank Board

Union Bank board. The court ruled that the CBN acted beyond its legal powers and, therefore, overturned that decision.

(CBN), on Thursday, acknowledged the judgement of a Federal High Court, Lagos Division, over its regulatory action on the Union Bank of Nigeria Plc (UBN) in January 2024.

This is contained in a statement by its acting director, Corporate Communications Department, Hakama Sidi-Ali, made available to journalists in Abuja.

Ms Sidi-Ali said that the apex bank was currently obtaining the Certified True Copy of the judgement and would review it carefully. She reaffirmed the CBN’s unwavering commitment to the rule of law.

“As the apex regulatory authority, the CBN remains committed to acting in accordance with its mandate and established legal processes.

“The CBN assures the public that UBN’s status is unchanged and that it remains fully capable of meeting its obligations to customers, depositors, and all stakeholders.

“The CBN will continue to provide the necessary regulatory oversight to ensure that the Union Bank operates in a safe, sound, and stable manner, while maintaining public confidence in the financial system,” she said.

CBN

The court ruling of Wednesday relates to an earlier action taken by the CBN in January 2024, which dissolved UBN’s board and management.

The court ruled that the CBN acted beyond its legal powers and therefore overturned that decision.