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Lawmakers Uncover Secret Bank Accounts in Fraud Probe as Uber Exits Nigerian Market

Lawmakers in the House of Representatives investigating the Presidential Foreign Intervention Promotion Council have uncovered 58 secret bank accounts linked to its detained leader, Prince Adeniyi Adeyemi. An ad hoc committee panel revealed that the bogus federal agency managed to secure a ₦400 million transaction without any legal document ever backing its creation.

Investigators also noted that 12 other fake entities were operating under similar conditions while clearing key presidency officials of wrongdoing.
In major business news, popular ride-hailing company Uber has officially shut down its transport operations across Nigeria after 12 years in the country.

The company announced a complete exit from the local market, ending service for thousands of daily riders and drivers. Industry watchers point to worsening economic pressures, currency fluctuations, and intense market competition as key factors driving the tech giant out.

On the political front, the New Nigeria Peoples Party has officially disowned ten house candidates ahead of the upcoming election cycle in Anambra State. Party leadership alerted the Independent National Electoral Commission that the names submitted did not emerge from valid internal primaries. Officials warned voters not to recognize the affected individuals as legitimate party representatives during the campaigns.

Meanwhile, health officials have raised a fresh public alarm following a sudden spike in diphtheria cases across several northern states. Medical experts blame low child immunization coverage for the rapid spread of the dangerous respiratory infection.

Emergency response teams are now deploying additional vaccines to vulnerable communities to curb further outbreaks and prevent avoidable deaths.

Finally, anti-trafficking agency NAPTIP has revealed that some unregistered civil society groups are being used as fronts for human trafficking rings. Security forces warned that fake non-profit entities lure unsuspecting young Nigerians abroad under the guise of fake job placements. Authorities promised to clamp down on fraudulent organizations exploiting citizens seeking opportunities outside the country.

Eniola Odetoye

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