The Economic and Financial Crimes Commission, EFCC, has placed a Post No Debit order on the bank accounts of the Osun State Government over alleged fraudulent handling of public funds to the tune of N11 billion. In a press statement released on Wednesday, the Commission said the action became necessary following suspicious movements of funds from state accounts since August 2, 2026. According to the EFCC, it has been investigating the Osun State Government since March 2026 regarding the alleged mismanagement of Ecology Funds, Intervention Funds, and Federal Account Allocation Committee, FAAC, allocations. The Commission disclosed that some officials of the state government, including the Accountant General, have been invited for questioning as part of the ongoing probe. "The Commission noticed huge transfers of funds into different corporate entities and had to swiftly halt the trend by freezing the accounts from which such heavy funds are being moved," the statement read. T...
By Goke Williams The School of Logistics and Innovation Technology, Department of Entrepreneurship, Federal University of Technology, Akure, will confer an Award of Excellence in Hospitality Entrepreneurship on Dr. Adeniyi Ayodeji Ijogun, FNIQs, RQS, FSCIarb, MBA, MSc, FCE, FDM, CFIAR, MACostiE, Dip. Law, at its 2026 Annual Entrepreneurship Eminent Personality Lecture scheduled for tomorrow. Adeniyi will also serve as a Special Guest of Honour at the occasion. FUTA cited his “immense contributions towards building Africa into an entrepreneurial and innovative continent in the 21st century,” as the underlying qualification. He is being honoured specifically for Excellence in Hospitality Entrepreneurship as Chairman of Premier Holiday Resorts, Igbara-Oke in Ondo State. According to FUTA, the lecture commemorates World Creativity and Innovation Day and World Entrepreneurship Day, in line with United Nations International Observances on the role of entrepreneurship ...