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Good morning! Here Are Major News Headlines In The Papers Today: UK fines GTB $9.3m over ‘weak’ money laundering control system

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1. A United Kingdom-based financial watchdog, Financial Conduct Authority (FCA), has fined the British subsidiary of Nigeria’s Guaranty Trust Bank £7.6 million ($9.3 million) over a weak money laundering control system. The FCA in a statement on Tuesday said the bank failed in its anti-money laundering systems and controls.

2. Indications have emerged that the All Progressives Congress Presidential Campaign Council is planning an alliance with smaller parties in a bid to boost the chances of its presidential candidate, Asiwaju Bola Tinubu. It was gathered that the PCC and the party had been making overtures to the parties to adopt Tinubu as their standard bearer.

 

3. The Nigerian Association of Resident Doctors (NARD) has threatened to go on a nationwide strike if the federal government does not meet its demands. The association in a letter to the Minister of Health, Dr Osagie Ehanire on Monday, and signed by its president, Dr Emeka Innocent Orji, said processes for the strike would commence at the end of January.

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4. The police have sought information on a man who shared suspected hemp with an infant in a video that went viral on Twitter on Monday. The Force Public Relations Officer, CSP Olumuyiwa Adejobi, said yesterday that the suspect must be made to face the full wrath of the law.

5. The Federal Government has assured that the 2023 general elections will be held as scheduled on February 25 and March 11 this year. Information and Culture Minister, Alhaji Lai Mohammed, who gave the assurance in Abuja, yesterday, dismissed the concerns by the Independent National Electoral Commission that security challenges across the country could lead to the cancellation of the polls.

6. President Muhammadu Buhari, yesterday, said he has fulfilled the promise he made in his inaugural address on May 29, 2015, to stabilise the country and tackle Boko Haram. This is as he has declared that nobody can blackmail him on inexplicable wealth and illicit enrichment while in office, saying: “I do not have one square-inch outside Nigeria.”

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7. Presidential candidate of the All Progressives Congress (APC), Bola Ahmed Tinubu has condemned the attack on a train station in Igueben, Edo State charging the Federal and Edo State governments to rescue all abducted passengers. According to him, Nigeria is yet to win the war against insecurity.

8. Benue State Governor, Samuel Ortom has denied endorsing Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP) alongside the G-5 governors for the 2023 election. In a statement by his spokesperson, Terver Akase, yesterday, Ortom denied reports credited to him that the G-5 had resolved to work for Atiku to win the 2023 election.

9. The Sub-Saharan African broadcast satellite service, DStv, has said it has no plans of broadcasting the 2022/23 Saudi Pro League despite the arrival of Cristiano Ronaldo. The satellite broadcast station said it considered the idea of buying television rights for the Saudi Arabia topflight as “premature.”

10. An Adamawa State High Court sitting in Yola, yesterday, nullified the nomination of the Senator representing Adamawa North, Ishaku Abbo, over his expulsion from the All Progressives Congress by officials in his ward. According to the court, the lawmaker is not qualified to be re-elected.

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Tinubu, governors present as Bello Matawalle’s 10 children wed in Abuja

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President Bola Tinubu,  President Carlos Manuel Vila Nova of the Democratic Republic of São Tomé and Príncipe and several governors were among the dignitaries who attended the wedding of the children of Bello Matawalle, minister of state for defence.

Matawalle celebrated the weddings of his ten children, five daughters and five sons, at the National Mosque, Abuja, on Friday.

The minister gave away his daughters—Maryam, Safiyya, Farida, Nana Firdausi, and Aisha—while his sons—Ibrahim, Abdul Jalal, Surajo, Bello, and Fahad—also tied the knot.

The Islamic ceremony was officiated by Imam Luqman Zakariyah, who prayed for Allah’s blessings on the marriages and for success in the couples’ future lives.

Tinubu received the brides on behalf of the Matawalle family, welcoming them into their new homes.

The high-profile wedding attracted the crème de la crème of Nigerian politics.

Notable dignitaries in attendance included Deputy Senate President Barau Jibrin and Ibrahim Masari, Senior Special Assistant on Political Affairs.

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Several governors were also present, including Ahmad Aliyu of Sokoto, Umar Namadi of Jigawa, and Nasir Idris of Kebbi.

In a post via X, Matawalle expressed his deep gratitude to Tinubu and Vila Nova for attending the ceremony, describing their presence as a rare and honourable privilege.

He further appreciated all dignitaries, family, friends, and well-wishers who joined physically or in prayers, wishing them safe journeys back to their destinations.

“Today, I am deeply honoured and profoundly grateful to His Excellency, President Bola Ahmed Tinubu, GCFR, for graciously serving as Wali at the wedding Fātiḥa of my children, held at the National Mosque, Abuja. I remain sincerely honoured by this rare privilege,” he wrote.”

“In addition, the presence of the President of the Democratic Republic of São Tomé and Príncipe, His Excellency President Carlos Vila Nova, added immense meaning to this joyous occasion, and I deeply appreciated it.

“I also wish to extend my heartfelt appreciation to everyone who joined us physically and in prayers to share in our joy. Your presence, prayers, and goodwill are truly cherished and deeply appreciated.

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“To my esteemed colleagues in the Federal Executive Council, Governors, members of the National Assembly, friends, family members, and well-wishers from across the nation, I am eternally grateful for the overwhelming love and kindness shown to me and my family.

“I also pray that Allah rewards abundantly all those who travelled from far and near to celebrate with us, and I ask Allah to grant you a safe and peaceful journey back to your respective destinations.”

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APC is my natural home, says Iyabo Obasanjo

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Iyabo Obasanjo, daughter of ex-President Olusegun Obasanjo, has confirmed her membership in the All Progressives Congress (APC) in Ogun state.

Iyabo spoke on Saturday during an interactive programme on Eagle7 Sports Radio 103.7 FM, anchored by Segun Odegbami.

Explaining her return to politics, Iyabo said the decision was driven by sustained pressure from supporters.

“Like I told you, a group of people who I did not bring together, I did not form them into a group, have been working, I think, for two years now,” she said.

“And then they started talking to me about a year ago, saying, ‘Look, we think you are the best candidate. We want you back.’”

She said she could not return to the Peoples Democratic Party (PDP), where she previously contested elections, citing internal crises.

“I could not go back to the PDP because of all kinds of turmoil,” she said.

Iyabo disclosed that she also considered the African Democratic Congress (ADC), but said the party was not yet fully organised.

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“The ADC was another option, but they don’t have their ducks in a row yet; they’re still working on it,” she said.

According to her, those who encouraged her return to politics are now members of the APC, a factor that influenced her decision after wide consultations.

“So, I think APC is my natural home. I don’t have any animosity towards any individual or any group within the APC,” she said.

“I feel more comfortable with all the actors I know within the APC… I feel more comfortable, actually, than with some of the actors I know in the PDP, and some of them are now in the ADC.

“So I think it’s my natural home. I feel quite confident and happy to have made that decision.

“I have an absolute 100% feeling it’s my natural home.”

Iyabo represented the Ogun central senatorial district between 2007 and 2011. She lost her re-election bid in 2011 to Gbenga Obadara of the then Action Congress of Nigeria (ACN).

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She later relocated to the United States, where she pursued an academic career and rose to the rank of professor. She is also a former commissioner for health in Ogun.

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Nigerian jailed eight years for $6m scam in US

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MAN JAILED FOR LIFE

A United States court has sentenced one Tochukwu Albert Nnebocha, a Nigerian national, to 97 months’ imprisonment for participating in a transnational inheritance fraud scheme that targeted elderly and vulnerable Americans.

According to a statement published on the US Department of Justice website on Friday, “a Nigerian National was sentenced today to more than eight years in prison for participating in a years-long conspiracy to defraud elderly and vulnerable Americans through an inheritance fraud scheme.”

The DOJ stated that Nnebocha, who is 44 years old, and his co-conspirators “operated a lucrative transnational inheritance fraud scheme that exploited vulnerable people in the United States” over a period exceeding seven years.

The statement read, “According to court documents, Tochukwu Albert Nnebocha, 44, of Nigeria, and his co-conspirators operated a lucrative transnational inheritance fraud scheme that exploited vulnerable people in the United States.

“Over the course of more than seven years, Nnebocha and his co-conspirators sent hundreds of thousands of personalized letters to elderly individuals in the United States, falsely claiming that the sender was a representative of a bank in Spain and that the recipient was entitled to receive a multimillion-dollar inheritance left by a deceased family member.”

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According to the US DOJ, victims were subsequently instructed to pay various fees before accessing the fictitious inheritance.


“The conspirators then told the victims that, before they could receive their purported inheritance, they were required to send money for purported delivery fees, taxes, and payments regarding the inheritance. In total, the defendant and his co-conspirators defrauded over 400 U.S. victims of more than $6 million,” the statement read,

The DOJ added that “in total, the defendant and his co-conspirators defrauded over 400 U.S. victims of more than $6 million.”

The statement disclosed that Nnebocha was arrested in Poland in April 2025 and extradited to the United States in September 2025.

He later pleaded guilty in November 2025 to conspiracy to commit mail fraud and wire fraud.

At sentencing, the court ordered 97 months’ imprisonment, three years of supervised release and restitution exceeding $6.8m to victims.

The department noted that “this is the second indicted case related to this international fraud scheme,” adding that eight co-conspirators from the United Kingdom, Spain, Portugal and Nigeria had previously been convicted and sentenced.

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The case was investigated by the US Postal Inspection Service and Homeland Security Investigations, with assistance from the Federal Bureau of Investigation’s Legal Attache in Poland, INTERPOL, Polish authorities, the US Attorney’s Office for the Southern District of Florida, and the DOJ’s Office of International Affairs.

Senior Trial Attorney Phil Toomajian and Trial Attorney Joshua D. Rothman of the Criminal Division’s Fraud Section are prosecuting the case, according to the statement.

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