Nigeria · Country watch
SERAP Sues CBN, INEC Omits Parties, NAFDAC Alert
SERAP sues CBN over unaccounted funds; INEC omits parties from Bauchi list; NAFDAC warns of banned pesticides in markets.
In this briefing Central Bank of Nigeria · Socio-Economic Rights and Accountability Project · National Agency for Food and Drug Administration and Control · Independent National Electoral Commission
Regulation
SERAP sues CBN over $6.23m and ₦1.63trn unaccounted funds
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) for failing to account for $6.23 million in election funds and over ₦1.63 trillion in other public funds. The lawsuit, filed at the Federal High Court in Abuja, follows the Auditor-General's report highlighting these unaccounted funds. SERAP demands that the CBN disclose the transactions and identify the recipients of these funds, according to Channels TV.
Impact Lenders to Nigerian public projects face increased scrutiny over fund accountability.
Sources: Channels TV ↗, Vanguard Nigeria ↗
Disruption
Nothing significant reported today.
Internal tension
Nothing significant reported today.
Safety & health
NAFDAC warns of banned pesticides in Nigerian markets
The National Agency for Food and Drug Administration and Control (NAFDAC) has raised concerns about the prevalence of banned and unregistered pesticides in Nigerian markets. These pesticides pose significant risks to public health and food safety, according to Punch. NAFDAC urges consumers and retailers to be vigilant and report any suspicious products.
Impact Agricultural producers and food retailers must ensure compliance with pesticide regulations to avoid health risks.
Sources: Punch ↗
Companies
Nothing significant reported today.
Markets
Nothing significant reported today.
Trade
Nothing significant reported today.
Politics
INEC omits four parties from Bauchi 2027 governorship list
The Independent National Electoral Commission (INEC) has omitted the governorship candidates of four political parties from its published list for the 2027 Bauchi State election. The Social Democratic Party (SDP), New Nigeria Peoples Party (NNPP), Action Alliance (AA), and Accord Party were not included. INEC's list features 15 candidates, according to Daily Post Nigeria.
Impact Political parties in Bauchi State face challenges in the 2027 election due to candidate omissions.
Sources: Daily Post Nigeria ↗, Vanguard Nigeria ↗
Also today in Nigeria
- Tinubu’s petrol intervention: WoPU urges cuts in transport fares, food prices — Vanguard Nigeria
- Visa crackdown: UK varsities withdraw admission offers to Nigerians, others — Daily Trust
- “2027 Will Be Atiku’s Easiest Election; Hungry Nigerians Will Vote For Him” — Shaibu — Information Nigeria
- U.S. Releases Names Of 24 Nigerian Nationals Nabbed For Various Crimes — Information Nigeria
- Protest as Police barricade Venue of Anti-Tinubu meeting in Kano — Daily Trust
- UN raises alarm as displacement across Central Sahel reaches four million — P.M. News Nigeria
- IMF warns rising global debt, energy costs threaten growth — Business Day
- AI, energy shock, record debt to dominate IMF-World Bank meetings in Bangkok — Business Day
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.
The same day elsewhere
- Argentina: Floods Hit Entre Ríos; Railway Crisis Revealed
- Brazil: Metro Vandalism and Iguaçu Closure Disrupt Brazil
- Canada: Manitoba E-Scooter Rules, Immigration Error
- China: Guangzhou Land Policies, Food Safety Law Update
- Germany: Harburg Road Closures, Deutsche Bank Reform Critique
- Egypt: Banque du Caire IPO, EgyptAir Flight Suspension
- Spain: Madrid Protests Disrupt Events, Galicia Projects Delayed
- France: Lycée Protests Escalate, Macron's Auto Policy
- United Kingdom: ScotRail Disruption Hits Glasgow, Burnham Faces Election Pressure
- Indonesia: Transport Law Revised, Palembang Flights Disrupted
- Israel: Flydubai Flights Blocked, Court Rattles Banks
- India: SC Orders Delhi Protest Easing, IndiGo Flight Incident
- Iraq: Iraqi Graft Crackdown, Seismic Survey Deal
- Iran: Hormuz Tanker Fire, Iran-Turkmenistan Road Deal
- Italy: Italy's Budget Challenges, Ecobonus Changes
- Japan: AI Policy Shift, Cyberdefense Demand, Japan-China Tensions
- Kenya: Kenya Extends Fuel Relief, El Niño Risks Rise
- South Korea: Saudi Travel Alert, Cyber Risks for Finance
- Lebanon: Lebanon Strike Continues, Brent Oil Surges
- Morocco: Floods Disrupt, Cannabis Seized at Tanger Med
- Mexico: Hurricane Simon Halts Operations, Agro Surplus Dips
- Malaysia: Bailey Bridge Restores Access; Nurses Retention Efforts
- Netherlands: Rotterdam Train Services Resume, Diesel Supply Alert
- Poland: Tusk Threat Alert, School Violence Arrests
- Portugal: Energy Costs Prompt Urgent Hearings, EU Budget Talks
- Russia: Moscow Airports Halt, Yandex Data Center Hit
- Senegal: Debt Talks Impact Economy, School Reopening Confirmed
- Syria: Syria's Austerity Risks, Currency Market Chaos
- Turkey: Tokat Health Scare, Bosphorus Closure, e-Notification Rule
- Ukraine: Energy Truce Announced, Kyiv Faces Power Outages
- United States: Trump's Energy Ceasefire, LA Mosquito Surge
- Vietnam: Vietnam-China Trade Surges, Power Market Restructures
- South Africa: Durban Protests Persist, Home Affairs Faces Criticism