General
#EndSARS: NBA Backs Protests, Calls for Police Reforms
By Adedapo Adesanya
The Nigerian Bar Association (NBA) has declared its intent to uphold Nigerians’ right to protest as a fundamental right as recognised by the Nigerian Constitution and upheld by Nigerian courts at all levels.
This follows a nationwide #EndSARS protest from Nigerian youths calling for the disbandment of the Special Anti-Robbery Squad (SARS) unit and the need for police reforms across the country.
This was disclosed by the President of the association, Mr Olumide Akpata, in a press statement sighted by Business Post, in which he outlined short and medium-term goals to ensure the much-demanded reformation.
He said, “As you all may know, the protests are precipitated by years of brutality and professional misconduct by operatives of this particular police unit who have for too long derailed from the core mandates of their establishment, and have become threats to the same citizens that they were meant to protect in line with the general mandate of the Police under the Nigerian Constitution.”
He added, “The protests have again brought to fore perennial issues affecting the Nigerian Police, our security agencies, their interface with the citizenry and the fundamental issues affecting our security system that can no longer be put off.
“In the wake of the protests that have resurrected the consciousness of the Nigerian society and indeed the international community to these very important and systemic issues, the NBA is convinced that disbandment of SARS (or any other unit by whatever name called), re-posting or transferring officers of any disbanded unit and other knee-jerk reactions will only scratch the surface and not offer long-lasting solutions to the endemic issues bedevilling the Nigerian Police as currently constituted.
“Consequently, and in keeping with its mandate of acting as a watchdog of the society, the NBA has mapped out certain short, mid and long-term measures that must be put in place to address the current issues and prevent a reoccurrence in the future.”
The NBA then stipulated some immediate, mid and long-term propositions regarding the current wave of demands being made, noting that “we condemn in very strong terms any ban on the rights of citizens to peacefully assemble and protest in any part of the country.”
In the immediate term propositions, the association called on governments at all levels to protect the rights of all citizens participating in the peaceful protests across the country and direct the security agencies to cease assaulting, attacking, abusing or otherwise harassing or using force against citizens who seek to have their voices heard through the peaceful protests.
It noted that “Under no circumstances should the use of live arms and ammunition against peaceful and lawful protesters be tolerated and those found culpable must be apprehended and made examples of.”
The NBA also demanded an unconditional release of all peaceful protesters across different states and also appeals to all protesters to remain non-violent and law-abiding in expressing their grievances or embarking on the protest.
It noted that it will continue to play its part in protecting the rights of citizens across the country.
In addition, it called for immediate disciplinary action (including dismissal and public prosecution) against erring officers and those who have breached the rules of engagement in dealing with the citizenry.
In the midterm propositions, it noted that it will continue to monitor compliance with rules of engagement by security agencies and escalate cases of abuse to the highest authorities within the relevant security agencies.
It equally demanded an expedited audit of the various SARS detention centres across the country. The most notorious of these centres are the SARS facilities in Awkuzu (Anambra State), the infamous “human abattoir” in Abuja and other parts of the country.
It reiterated its demand to work with the appropriate bodies including the Police Service Commission and the National Assembly to propose initiatives that can help both the citizens and the police.
In the longer term, The NBA demanded a total reform of the police force into a modern, responsible, and responsive law enforcement establishment that addresses funding and better working conditions for officers.
It added, “The NBA will set up an NBA Police Reform Team that will work with the Police and other institutions and organizations in developing or refining a Comprehensive Blueprint for Police Reform in Nigeria and continuously advocating for the implementation of the Blueprint.”
Mr Akpata said the NBA through the Human Rights Institute will work with the Police, providing continuous education, enlightenment, and sensitization to members of the Nigerian Police and other agencies on respect for civil law, human rights, rules of engagement, compliance with rulings, and/or judgment of courts, among others in the discharge of their duties.
By Adedapo Adesanya
The federal government has issued a data protection compliance circular to all Ministries, Departments and Agencies (MDAs) to promote public trust through data-driven governance.
The compliance directive is contained in Circular No. 59805/S.I/74, dated 27 July 2026, and signed by the Secretary to the Government of the Federation, Mr George Akume, according to a statement by the Head, Legal, Enforcement & Regulations, Mr Babatunde Bamigboye.
The initiative forms part of a continuum of regulatory measures that will be vigorously pursued as Nigeria advances towards the decisive frontiers of the Fourth Industrial Revolution.
The circular drew the attention of MDAs to a statement of President Bola Tinubu, where he said: “Data is the new oil”.
Mr Akume then directed all Ministries, Extra-Ministerial Departments and Agencies to capture the information rigorously and safeguard it under the Nigeria Data Protection Act, 2023 (NDP Act).
The circular also directed MDAs to ensure full compliance with the NDP Act, Regulations, Guidelines, and Directives issued by the Nigeria Data Protection Commission (NDPC) in relation to the processing of personal data.
To this end, the Circular directs MDAs to, designate suitably qualified officers as Data Protection Officers (DPOs) to oversee data protection compliance and advise management on all matters relating to the lawful processing of personal data, ensure that the names and contact details of their designated DPOs are communicated to the NDPC for registration and official records; engage licensed Data Protection Compliance Organisations (DPCOs), where required, to facilitate compliance with the NDP Act and support the conduct of statutory compliance audits.
It also directed them to provide adequate budgetary allocation for data protection compliance activities, including capacity building, awareness programmes, deployment of appropriate technical safeguards, and periodic compliance audits; and submit all mandatory Data Protection Compliance Audit Returns and other statutory returns to the NDPC within the timelines prescribed by law.
The circular further states that “Permanent Secretaries, Accounting Officers and Chief Executive Officers of all MDAs shall be personally responsible for ensuring institutional compliance with the Circular and the provisions of the NDP Act.”
The National Commissioner/Chief Executive Officer of the NDPC, Mr Vincent Olatunji, expressed the commission’s commitment to supporting data-driven governance.
Mr Olatunji maintained that data accountability is pivotal to achieving the eight Presidential Priorities. To provide full technical support to MDAs for the purpose of achieving compliance, the commission has constituted a regulatory clinic.
By Adedapo Adesanya
Yellow Card, a global stablecoin infrastructure provider, has raised $40 million in a strategic funding round to accelerate its international expansion and strengthen its digital payment infrastructure.
The funding round attracted investments from SC Ventures, the innovation and investment arm of Standard Chartered, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and other strategic investors. With the latest raise, Yellow Card’s total equity financing has now exceeded $120 million.
The company said the fresh capital will be used to scale its Global US Dollar Accounts, an end-to-end dollar account designed for businesses, while expanding the stablecoin payment rails that connect businesses to markets around the world.
Yellow Card’s chief executive, Mr Chris Maurice, described the investment as a strong endorsement of the company’s long-term vision, noting that the company has spent years building infrastructure that allows businesses to move money globally without relying on traditional correspondent banking systems.
He added that the next phase of growth will focus on helping banks connect directly to stablecoin payment rails, enabling faster and more efficient cross-border transactions while expanding access to US Dollar services for businesses.
SC Ventures chief executive, Mr Alex Manson, said stablecoins are becoming an important part of global payments, but noted that widespread adoption will depend on reliable infrastructure and practical use cases.
He said Yellow Card has built the payment rails businesses across Africa need to move money efficiently across borders and expressed confidence in the company’s ability to expand both within Africa and internationally.
The investment also marks growing interest from global institutions in stablecoin-based payments. Sony Innovation Fund said its backing reflects confidence in Yellow Card’s ability to build digital payment infrastructure for emerging markets.
Mr Austin Noronha, Managing Director at Sony Ventures-US, said the company believes Yellow Card is creating the technology needed to help banks, financial technology firms and enterprises move money faster and more securely.
He added that the company looks forward to supporting Yellow Card as it expands beyond Africa into Latin America, the Middle East, Europe and the Asia-Pacific region.
Yellow Card said the funding will also support the wider rollout of its Global USD Accounts, which allow businesses to hold U.S. dollars, manage treasury operations, swap stablecoins, and collect or make payments in local currencies across more than 50 countries.
The company noted that the platform is already being used by major customers, including Visa and Western Union.
Founded to simplify cross-border payments through digital assets, Yellow Card has processed more than $10 billion in transactions across its network. The company supports over 50 currencies and holds licences, authorisations and registrations in 22 jurisdictions across North America, Europe and Africa.
Yellow Card has also established strategic partnerships with global payment companies including Visa, Mastercard, PayPal and Coinbase as it positions itself as a key infrastructure provider for international digital payments.
By Adedapo Adesanya
The National Economic Council (NEC) has approved a $4.5 billion arrangement for the Nigerian National Petroleum Company (NNPC) Limited aimed at strengthening the country’s external reserves and freeing up funds for infrastructure.
This is part of the refinancing of the $3.3 billion Project Gazelle Pre-Export Finance Facility through a new $4.5 billion facility named “Project Gazelle 2”.
The approval allows NNPC Limited to refinance the outstanding balance of approximately $1.5 billion under the original 2023 facility, while unlocking an additional $3 billion in liquidity to strengthen the country’s external reserves and support ongoing fiscal and infrastructure priorities of the government.
NEC’s approval followed a presentation by the Minister of Finance, Mr Taiwo Oyedele, which was presented by the Chairman of the Council, Vice President Kashim Shettima, underscoring the importance of the project.
NEC observed the significance of unlocking additional liquidity to the federation, among other benefits, pledging its support for the actualisation of the initiative.
The Finance Minister explained that the refinancing has been structured on more favourable terms than the original facility, including a reduction in the volume of pledged crude oil from 90,000 barrels of oil per day to approximately 78,750 barrels of oil per day – a 12.5 per cent reduction.
He noted that under the new arrangement, an additional 11,250 barrels of oil per day for the federation will be released, while there will be a reduction in the pledged crude volumes by the state oil company.
Mr Oyedele added that while accessing additional liquidity on improved terms, the arrangement is freeing up resources for strategic national priorities while strengthening the country’s financing structures.
“The arrangement is freeing up resources for strategic national priorities while strengthening the country’s financing structures,” he said.
VP Shettima called for a responsive, scalable, and data-driven social protection policy to tackle multidimensional poverty in Nigeria.
According to Mr Shettima, government policies are often heard before they are seen, speak through the price of food, condition of hospitals, records in schools, strain on families, the confidence of those who invest their labour in the nation’s future, and, very importantly, the ambitions of state governments.
He implored members of Council to ensure that every decision they make assure the citizens “that their government is paying attention to the pulse of the nation and is resolved to respond with competence, compassion and purpose.”
