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Lagos Maid Exchanges Stolen Boss’ $10,000 at N86/$

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By Dipo Olowookere

A Lagos-based maid has been apprehended by security operatives after she allegedly stole her boss’ $10,000, which she later exchanged at a Bureaux de Change (BDC) office at N86 per Dollar, instead of the prevailing rate of N410/$.

The house help, identified as Blessing Paul from Benue State, was said to have committed the act in the highbrow Gbagada area of Lagos State.

She was paraded before newsmen alongside her accomplices.

Blessing Paul, the main suspect, was said to have used a knife to forcibly open her boss’ room while she was at work.

Her boss, identified simply as Mrs Totunbo, raised an alarm when she could not find the hard currencies she kept in the house, which had already been handed over to the house guard identified as Daniel by Blessing Paul.

It was gathered that Daniel later gave the money to another security man in the area identified as Amos, who in turn took it to a BDC operator for the Naira equivalent.

However, the forex dealer, who claimed he only received $5,000 from Amos, admitted he exchanged the Dollar at the rate of N86.

Reacting, spokesman of the police in Lagos, ASP Olarinde Famous-Cole, the BDC operator gave the suspects N870,000 as equivalent for $5,000, adding that the police have recovered N400,000 from there.

He said the command was in the process of confiscating the money through a court order.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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ICPC Secures Court Order to Extend El-Rufai’s Detention

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By Adedapo Adesanya

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has secured a court order to extend the detention of former Governor of Kaduna State, Mr Nasir El-Rufai.

This order gives the anti-graft agency ample time to finalise its investigation into allegations against the former governor, which has now deepened as a result of some new findings.

Subsequently, the new order, which was granted on Tuesday in the presence of Mr El-Rufai’s lawyer, will expire on Thursday, March 19.

However, Mr El-Rufai’s lawyer, whose application to quash the first remand order was declined by a Chief Magistrate Court in Bwari, has returned to the same court to nullify the latest order.

Justice Okechukwu John Akweke has fixed March 17 to decide whether or not he should set aside the latest detention order.

He said, “Upon hearing and listening to the prosecuting counsel, Dr Osuobeni Ekoi Akponimisingha Esq., praying this Honourable court for the following orders:

“An order of this Honourable Court issuing a remand warrant against the Respondent (NASIR AHMAD EL-RUFAI) in favour of the Applicant, i.e. Independent Corrupt Practices and other Related Offences Commission (ICPC), to detain the Respondent (NASIR AHMAD EL-RUFAI) in its custody for another fourteen (14) days pending conclusion of investigation activities on allegations of Money Laundering/abuse of office.

“And for such other or further order(s) as this Honourable court may deem fit to make in the circumstances. It is hereby ordered that: Application granted as prayed.

“That the Applicant, i.e. the Independent Corrupt Practices and other Related Offences Commission ICPC is hereby ordered to re-detain the Respondent (NASIR AHMAD EL-RUFAI) for an additional 14 days to enable the commission to conclude investigation activities.

“That the return date shall be the 19th day of March 2026, for the report of compliance.”

The scrutiny of Mr El-Rufai by the ICPC follows the report of the Kaduna State House of Assembly’s ad hoc committee constituted in 2024 to investigate finances, loans and contracts awarded between 2015 and 2023 under his eight-year administration of the state.

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Nigeria Begins Evacuation of Willing Nigerians from Iran

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Nigeria flag with Iran flag, 3D rendering

By Adedapo Adesanya

The federal government has begun evacuating willing Nigerians in Iran, escorting them across the Armenian border to ensure their safety amid escalating tensions in the Middle East.

The evacuation follows the growing crisis that began on February 28 after coordinated military strikes on Iran by the United States and Israel.

The attacks triggered retaliatory missile and drone strikes across parts of the region, raising fears of a wider conflict.

The chief executive of the Nigerians in Diaspora Commission (NiDCOM), Mrs Abike Dabiri-Erewa, disclosed this in a post on her X handle on Tuesday.

She said officials of the Nigerian Embassy in Tehran are coordinating the evacuation of Nigerians who wish to leave the country and are facilitating their safe passage into Armenia.

Mrs Dabiri-Erewa also reassured that no Nigerian in Iran has so far been affected by the ongoing tensions, noting that embassy officials remain stationed at the border to receive and assist evacuees.

Her post read, “Willing Nigerians [are] being escorted across the Armenian border by officials of the Nigerian embassy in Iran for safe passage. No Nigerian in Iran has been affected by the war as officials remain at the border to receive all who want to leave.”

The development comes as tensions in parts of the Middle East continue to raise concerns over the safety of foreign nationals residing in affected areas.

For repatriation flights, the NiDCOM chair said the airspace is currently unsafe but assured Nigerians in the Middle East that the Federal Government team is on standby to evacuate them.

“And as for repatriation flights, the skies are currently unsafe to fly. Luckily, a flight came in from the UAE to Lagos two days ago, just before another strike and the closure of the airspace.

“Once the airspace opens, the multi-agency FG team on crisis and evacuation is on standby. Our prayers are with you and all our people in affected countries,” she said.

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Grid-Connected Private Transmission Substations Must Register—NERC

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NERC

By Modupe Gbadeyanka

All private transmission connected to the national grid must register and get authorisation to operate, the Nigerian Electricity Regulatory Commission (NERC) has declared.

In a statement, the electricity regulatory body in Nigeria directed owners of private transmission substations used by bulk electricity consumers to obtain an Independent Electricity Transmission Network Operator (IETNO) Permit before operating or connecting to the grid.

It was disclosed that this latest development, which became effective March 9, 2026, is to strengthen oversight of privately owned substations connected to Nigeria’s national grid.

NERC further said the directive was introduced to improve grid reliability, safety, and operational visibility following frequent transmission line trips reported by the Nigerian Independent System Operator (NISO).

Under the order, NISO must submit to NERC a comprehensive list of all existing Private Transmission Substation Owners (PTSOs) and notify them of the provisions of the order within five days.

Existing PTSOs must apply to NERC for an IETNO permit within 45 days, while new PTSOs must obtain the permit before connecting to the grid, as non-compliance attracts regulatory sanctions.

NISO will deploy IoT-based metering systems at substation interconnection points within 120 days.

Further, operators must submit monthly operational reports, while NISO will conduct inspections to ensure compliance.

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