General
Nigeria’s Economy Will Suffer Setbacks in 2020—Prophet Iginla
By Modupe Gbadeyanka
**South Africa to Experience Boom
Abuja-based cleric, Prophet Joshua Iginla, has predicted that Nigeria’s economy will suffer setbacks in 2020. The seer made this disclosure in his New Year 44 prophetic release made available to Business Post on Sunday.
Prophet Iginla, who is one of the leading prophetic voices in the country, said in the message that he sees “a lot of hardship,” noting that, “It will take God’s intervention to see what we desire to see.”
The Shepherd in charge of Champions Royal Assembly, who is noted for his accurate predictions in the past, also strongly warned local authorities on the issue of Biafra agitation, which he said if not handled carefully, could cause huge international embarrassment for the country.
Below are his 44 prophetic release.
1) The government of the day will do her best to see how to improve the life of the common man, but I see a lot of battles.
2) The economy will suffer a lot of setbacks. I am not a prophet of doom, but I see a lot of hardship. It will take God’s intervention to see what we desire to see.
3) God’s hand is upon Nigeria. We are passing through a process and we are still in incubation period. It will take time for us to see that which we desire as a nation.
4) We have to pray because of what I saw. I hope we don’t experience a reoccurrence of what we have been delivered from in the past.
5) I see another kind of terrorism that is not good and it’s coming from the region we least expect in this county.
6) We have to pray for the security of families and lives in 2020. What I mean is a resurface of other kinds of attacks that are not too good. The God that we serve will deliver us in Jesus name.
7) I see a mighty protest that will erupt this year from an angle we least expect. It’s going to be very strong. It’s a massive protest and I see a counter protest to this massive protest. We have to pray strongly that God in his infinite mercy should help and keep Nigeria safe in the midst of these storms.
8) The government of the day will try all her best to handle a lot of things, but we have to pray for our leaders for them not to be overwhelmed by these battles.
9) We have to pray for a serving Governor to complete his tenure because of a health issue he is currently battling with.
10a) I am not a prophet of doom, but I must tell you the truth. We have not seen the end of the Biafra agitation. This year, it will take another turn and continue to grow like that.
10b) Still on the Biafra movement, it would not die. From 2020 to 2022, we will see a dimension that will be very strategic. A lot of you will ask me why is he always talking about Biafra. It’s because of what I am seeing. It won’t die at all. This battle will carry another dimension internationally and not locally and the young man at the centre of this thing will wax stronger with international presence. I see other people putting hands on his shoulder. If we don’t pray and do the needful with our Igbo brothers, there is going to be a time that things will fall apart. The only way to solve this is to do justice. I see a strong strategic battle so that a nation will not come out of a nation. I saw a wild lion and many other lions with the same features around him. Those in government should pray very well. There is going to be a lot of international embarrassment for Governors, Ministers, Senators and others. Some clothes will be torn and some beaten, it’s going to be bad. Let’s just pray and do the needful.
11) I see a nation coming out of a nation. I don’t know when and I don’t know how. We have to pray for the unity of this country.
12) There is going to be a time that even the military and police will not be able to stop the anger of some people. I pray that wisdom will be given to the government of the day to handle some situations and the grievances of some people in the part of this country.
13) The body of Christ in Nigeria will see an extreme tremendous and painful persecutions. It will come from quarters that we least expect. Brothers will betray brothers. In the midst of this storm, we pray for the body of Christ in Nigeria to be one in Jesus name.
14) Before the end of the tenure of this ruling party, there is going to be disaffection, disunity and I see a party splitting out of a party.
15) I see power brokers not being able to hold themselves because of ambitions. It’s going to be very tough.
16) This year is the year that the political seed of confusion will be petted. We have to pray for those great leaders that we have. In this nation to have a single mind as we run.
Is there hope for Nigeria? Yes!
17) I see a new Nigeria rising up but it’s going to be in God’s own way.
18) Political grandfathers will not be able to ascertain or solve the puzzle of Nigeria.
19) In the midst of this year and next year, we will know our bearing and many confused politicians will see the light and know that this is the hand of God. People will know that God loves Nigeria and not a man that loves Nigeria.
20) Nigeria should pray about the airspace because of unpleasant attack.
GHANA
21) Top politicians in Ghana will face a lot of battles.
22) That is, many of them will go to jail.
23) There will be a lot of trials for the President of Ghana. He has to be very careful because I see some expensive mistakes that might come from some cabals who are loyal to him and that can be an expensive media attack so that they don’t truncate his second term ambition.
24) The former president of Ghana, I foresee an attack and I pray the Lord will deliver him from that. I meant an attack and it’s not even spiritual but physical before the election. We should pray to avert this and I declared it will be averted in Jesus name.
25) Thus, we will be fasting for that between January 8 and 9, 2020.
26) Togo re-election! I see an election that will come and the opposition will not be satisfied with, but it will be peaceful. It’s the after effect of the election we should pray about.
27) The person sitting on the throne will still be there. The other private things, I have already said that to him.
28) Let’s us pray because I see a lot of confusion after the election. We have to pray for the nation of Togo. All my concern is peace.
29) South Africa is going to experience a boom in their economy.
30) And there is going to be a lot of downpour this year.
31) And there is going to be restoration of lost glory when it comes to issues of legacies that have been laid down by ruling forefathers.
32) I see a lot of restoration that will come.
33) South Africa will experience boom of prosperity but there will still be xenophobic attack. We pray it will not resurface again this year in Jesus name.
34) We have to pray for peace for Malawi.
35) We should pray not to have a rerun in their election.
36) I see a lot of battles after the court declaration which we have to pray about.
37) Malawi is God’s own nation and the hand of God is upon that nation. The truth is Malawi is about to experience a new dispensation of glory and there is no mortal man that can stop it. But before that, I see a lot that we have to pray about and Malawians have to pray. We prophesy peace even after the court declaration in Jesus name.
38) The great president of Gabon should be careful because there are lots of people around him who wish him dead. He meant well for the nation of Gabon. We have to pray for him.
39) I have set forth the 3rd and 4th of January, 2020 for fasting and prayer for him. God will preserve him but we have to pray for him strongly. I see the candle light burning but God will keep him.
40) The nation of Kenya has to pray very well in terms of their security. I see mischievous people with mischievous plan trying to cause bomb blasts at sensitive places. We will put that in prayer from 10th-11th of January 2020.
41) There is going to be a strong protest in the nation of Cameroon against the leadership and this can be very bad. I saw an aggression that can cause a blood bath. It’s not a conventional protest but a very strong one. I am not a prophet of doom. God revealed to redeem. We are praying that this should be reversed in Jesus name.
42) President Trump will go through all the saga. It will be tough but he will come out of it and it will make him very popular.
43) The ruling party in Ghana should not underestimate the former president contesting on the platform of opposition. There is a star on his head.
44) Zambia. I see the economy of Zambia growing stronger and better than it has ever experienced. You can call it a miracle or wonder but it will further make the president popular. I see a strong spiritual revival that will move through the land because of the cry of the brethren.
By Modupe Gbadeyanka
The Economic and Financial Crimes Commission (EFCC) has explained why it initiated a move to freeze the bank account of the Osun State government.
Earlier on Wednesday, the Governor of Osun State, Mr Ademola Adeleke, claimed that the anti-money laundering agency asked one of its bankers, First Bank, not to release funds to the state government.
According to the Governor, this was part of the strategies to frustrate his administration ahead of the August 15, 2026, governorship election in the state.
Reacting to the issue on Wednesday night, the EFCC, in a statement, said it has been investigating the state government since March 2026 over an alleged “fraudulent handling of Ecology Funds, Intervention Funds and Federal Account Allocation Committee (FAAC) account to the tune of N11.0 billion.
The organisation noted that some officials of the state government, especially the Accountant General of the State, have had interview sessions with investigators of the EFCC.
“These ongoing investigations of the state government would not have warranted any placement of Post No Debit order on its account but for the precipitate and unwarranted movement of funds from the accounts to different suspicious accounts since August 2, 2026.
“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,” parts of the statement said.
In the disclosure, the agency noted that its preventive mandate is a public-inclined framework of safeguarding public funds, assets and resources, stressing that it cannot “watch idly while a state government’s account is being pillaged.”
“While the commission is fully aware of the impending governorship election in Osun State, it has a responsibility to act in defence of the sanctity of the funds of the state. It will be uncharitable for the commission to allow an excuse of an upcoming election to fold its arms to perform its legally-assigned functions,” it pointed out.
The EFCC disclosed that it is “keeping watch over the finances of other states like Osun State. Many of these states are on the investigative radar of the commission to ensure accountability and probity. The commission has always pointed out that it is non-partisan and non-sectarian but always working in the overall interests of Nigerians. The Osun State government account was frozen to save public funds from being looted.”
The organisation urged the public “to ignore false narratives and deliberate demonisation of the works of the EFCC. The interests of all Nigerians are greater and will always be protected by the commission.”
By Adedapo Adesanya
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has launched a mobile application designed to monitor fuel consumption patterns in real time across retail outlets nationwide.
The NMDPRA, established under the Petroleum Industry Act (PIA) 2021, is responsible for the technical and commercial regulation of Nigeria’s midstream and downstream petroleum operations. The deployment of the mobile application aligns with the authority’s broader efforts to leverage technology to improve regulatory compliance and strengthen accountability.
The pilot phase of the project began on August 1 in Abuja and its six Area Councils, the authority said in a statement published on X.
As part of the rollout, the Executive Director for Distribution Systems, Storage and Retailing Infrastructure (DSSRI), Mr Ogbugo Ukoha, led a team alongside officials from the Abuja Regional Office to assess the readiness and operational performance of the digital platform at participating retail outlets.
According to the NMDPRA, the application captures inventory and compliance data in real time, enabling regulators to monitor fuel distribution more effectively while improving operational efficiency across the sector.
The authority said the platform would generate reliable, data-driven insights to support evidence-based decision-making, strengthen national energy security planning and enhance transparency in the downstream petroleum industry.
It added that the initiative is expected to provide significant value to government, investors, operators and other stakeholders by improving access to accurate fuel consumption and compliance data.
Nigeria’s downstream petroleum sector has undergone significant changes since the deregulation of the petrol market and the removal of fuel subsidies, with regulators placing greater emphasis on data-driven supervision to ensure product availability, prevent supply disruptions and discourage sharp regional disparities in distribution.
By Modupe Gbadeyanka
No doubt, moving money among African markets remains a slow, fragmented process that relies on multiple intermediaries and prolonged settlement cycles.
To solve this issue and drive the development of stablecoin-enabled payment services for businesses across the continent, Onafriq has joined forces with a leading stablecoin infrastructure provider, Privy.
The collaboration will enable Onafriq to create and manage embedded digital asset solutions for its partners and, in time, institutional clients where regulation allows. The initial phase focuses on cross-chain stablecoin transfers and treasury and settlement workflows, creating the foundation for future cross-border payment and liquidity solutions.
Integrating Privy’s secure infrastructure enables Onafriq to build the capabilities required to support a new generation of efficient digital payment services for banks, fintechs, and mobile money operators.
This partnership is a key component of Onafriq’s broader strategy to modernise pan-African payment infrastructure, enabling secure multi-modal wallets and more efficient movement of value across the continent.
The outcome will support a range of future institutional use cases, including stablecoin-enabled settlement, treasury management and liquidity services, as it reflects Onafriq’s commitment to driving Africa’s digital transformation agenda by investing in technologies that make financial services more efficient, connected and accessible.
It was gathered that Onafriq selected Privy for its enterprise-grade infrastructure to enable the seamless integration of digital asset wallet capabilities into its products, subject to regulatory approval, and deliver a simple user experience while abstracting the complexity of blockchain technology.
“At Onafriq, we keep investing in technology that makes payments faster and more accessible. Privy gives us a building block for faster settlement and better liquidity management. As demand for digital asset services grows, our goal is to ensure Africa’s payment ecosystem benefits securely and in line with regulatory frameworks,” the Group Chief Product and Innovation Officer at Onafriq,” Mr Luke Kyohere, said.
The chief executive of Privy, Mr Henri Stern, said, “Stablecoins will play an increasingly important role in the future of global payments, but real-world adoption depends on infrastructure that is secure, scalable and simple to implement. Working with Onafriq allows us to help build that foundation across Africa and beyond.”
