• September 20, 2026
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DAREDEVIL POLITICAL ROBBERS: UNABLE TO PAY TEN MONTHS SALARIES; DELTA STATE COUNCIL CHAIRMEN COUGH OUT N17 MILLION EACH FROM PARIS DEBT FUND TO GIFT THEMSELVES TOYOTA CAMRY

Secret Reporters Just two months to leaving office, the Chairmen of the twenty five local government areas in Delta State in one fall swoop have decided to empty the council vaults before their tenure ends. The Delta State Governor, Mr Ifeanyi Okowa recently released to them the sum of N2.1 billion from the Paris Debt […]

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STRAY BULLET

DMO SOLICITS MEDIA IN DEBT MANAGEMENT

The Director General of the Debt Management Office (DMO), Ms. Patience Oniha, has solicited the support of the media in informing Nigerians on the management of the country’s debt stock and government’s drive towards infrastructural development. Oniha, who made the call in Lagos weekend when she met some editors, gave the assurance that the DMO […]

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STRAY BULLET

FEC APPROVES REFINANCING OF OF DOMESTIC DEBTS BY EXTERNAL BORROWING

The Federal Executive Council has approved the refinancing of part of the country’s domestic debt through external borrowing. Minister of Finance, Mrs. Kemi Adeosun, who disclosed this after the Federal Executive Council (FEC) meeting, allayed fears of increased borrowing, insisting that instead of borrowing Naira, “we are now borrowing dollars and at a cheaper rate.” […]

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Boardroom Scandals

CBN DEPUTY GOVERNOR BAYO ADELABU WHO’S EYE OYO GOVERNORSHIP POSITION ON THE RUN AS EFCC TRAILS HIM OVER MULTI BILLION NAIRA FRAUD

Adebayo Adegoke Adelabu, Deputy Governor, Operations Directorate, of the Central Bank of Nigeria, CBN, has his eyes fixed on one goal: to succeed Governor Abiola Ajimobi, after the expiration of his eight-year tenure in 2019. Unfortunately, a dark cloud currently hovers over Adelabu’s vaulting ambition, as he is currently battling to extricate himself from the […]

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Special Report

DO YOUR WORST: DESOPADEC LOOTING MD MAKINDE DARES GOV. OKOWA TO TRAVEL TO ANTIGUA AND BARBUDA TO INVEST DESPITE GOVERNOR WARNING TO BOARD MEMBERS TO SHUN SUCH TRIP

Secret Reporters The coming back of Chief James Onanefe Ibori has empowered the Managing Director of the Delta State Oil Producing Area Development Commission (DESOPADEC), Mr Williams Makinde to start challenging the authority of the State Governor, Ifeanyi Okowa; multiple sources in the board recently told Secret Reporters. We exclusively gathered that Makinde and the […]

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STRAY BULLET

EMPIRE OF DEBT: OBA OTUDEKO’S HONEYWELL COMPANY OWES FIRST BANK N70 BILLION USING HIS POSITION AS BOARD CHAIRMAN

The sweet simplicity of the steep per cents attains bitterness and an unparalleled form of ugliness in the currency-activated halls and offices of Nigerian banks even as you read. About seven years after he retired as chairman of First Bank of Nigeria Ltd, echoes of Oba Otudeko’s reign still reverberate rancorously. While the premier banking […]

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Politics

BITTER WITHIN: DELTA STATE PARIS DEBT FUND FROZEN ACCOUNT TO BE VACATED AS GOV. OKOWA DENIES HIRING ANY FIRM TO HELP RECOVER MONEY FOR THE STATE

Secret Reporters The judgment by Justice Yusuf Halilu of the Federal Capital Territory (FCT) High Court were it issued an ex-parte order directing that the Paris-London Club Refund bank accounts of Abia, Cross River, and Delta states be frozen will be vacated by Delta State Government, Secret Reporters can authoritatively report. The accounts frozen are: […]

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STRAY BULLET

FG OFFERS MONTHLY SAVINGS BOND AT 13.535%, 14.535% FOR RETAIL INVESTORS

The Federal Government has offered for subscription two-year and three-year Savings Bonds to investors at 13.535 per cent and 14.535 per cent, respectively from Monday, August 7 to Friday, August 11, 2017. A statement from the Debt Management Office (DMO) said the two-year bond will be due in August 2019, while the three-year bond has […]

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STRAY BULLET

GODFATHER OF LOOTERS: DELTA PDP CHAIRMAN ESISO POCKETS N15 MILLION MONTHLY FROM DESOPADEC ACCOUNT DESPITE BOARD INABIITY TO PAY CONTRACTORS

Secret Reporters One of the richest State Party Chairmen in Nigeria is Kingsley Esiso, the numero uno of the Delta State Peoples Democratic Party (PDP), sources within the party revealed recently to Secret Reporters. The smooth talking Esiso according to insider sources is a godfather when it comes to siphoning money without notice by the […]

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Special Report

EXCLUSIVE: HOW FIDELITY BANK HELPED GOV. ORTOM OF BENUE STATE TO LAUNDER N4.29 BILLION INTO THREE FOREIGN ACCOUNTS USING HOUSE OF REPS MEMBER ACCOUNT NUMBER

Secret Reporters The war on corruption by the President Muhammadu Buhari led administration may not come to fruition unless Banks Managing Directors like Nnamdi Okonkwo are called to explain their roles in some of the nefarious activities of their banks. Despite stringent measures put in place to prevent money laundering, the Governor of Benue State, […]

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