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EFCC Chairman Ola Olukoyede speaking on electoral corruption and the rising cost of elections in Nigeria.

2027 Elections: Governorship Aspirants Spend Up to N30bn on Primaries, Says EFCC Chairman

The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has raised concerns over the growing cost of political contests in Nigeria, revealing that some governorship aspirants spend between N20 billion and N30 billion in their quest to secure electoral victory. Speaking on Wednesday in Ilorin, Kwara State, Olukoyede warned that excessive election spending…

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Nigerian Senate approves the Receivables Financing Bill aimed at improving access to funding for small businesses.

Senate Passes Receivables Financing Bill to Boost SME Funding and Trade Growth

The Senate has passed the Factoring, Assignments and Receivables Financing Bill, 2026, a significant piece of legislation aimed at expanding access to finance for businesses, improving liquidity and strengthening both domestic and international trade. The bill successfully passed its third reading during Tuesday’s plenary session after lawmakers reviewed and adopted its provisions in the Committee…

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