Paystack Co-founder, Ezra Olubi, sacked amid dispute over investigation process - ITREALMS

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Paystack co-founder and former Chief Technology Officer, Ezra Olubi, has been sacked binge company board of directors, effective Saturday November 22, 2025, reports ITREALMS.

Confirming this in a follow up Tweet on Sunday, Olubi said his employment was terminated by the company’s Board of Directors under circumstances he describes as premature, unfair, and inconsistent with internal policy.

Awba-Ofemili community sacked by flood in Anambra State with casualty - ITREALMS

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The Awba-Ofemili community in Awka-North Local Government Area of Anambra State has been sacked by the flood, with at least a death has been recorded, reports ITREALMS.

Sources from the town, disclosed to ITREALMS that the agrarian town known for her rice production have been heavily affected with some villages now relocated, including Umuosite.

Tillerson sacked after visit to Africa, Pompeo takes over

ITREALMS:

Barely 48 hours after reportedly rushing back home from his official visit to Africa including Nigeria and Kenya, the United States Secretary of State, Mr. Rex Tillerson has been sacked by President Donald Trump with immediate effect, reports ITRealms.

Mr. Tillerson is invariably the first official appointee of Mr. Trump to be replaced with immediate effect and only one to be sack formally amidst avalanche of resignation of government officials since Trump became the President.

Mr. Tillerson has since been replaced with Mike Pompeo, the director of the Central Investigation Agency (CIA).

As at the time of going to the press by ITRealms, there was no precise reason given for Mr. Tillerson’s prompt removal, but fears abound that it may not be distanced from Russia alleged hacking of the United States elections in 2016, and disagreement over the Iran’s nuclear deal with the United States.

ITRealms reports that while thanking Tillerson for his service via his Twitter handle, Trump expressed confidence in the new state secretary, declaring he (Pompeo) would do “a fantastic job.”

ITRealms recalls that Tillerson was a former chief executive of ExxonMobil, and was appointed barely over a year ago.

Meanwhile, Mr. Pompeo has been replaced at the CIA by a nominee, Gina Haspel, who becomes the first female director of the agency.

Nenye Dom/GEE

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FMBN Whistle-blower: AFRICMIL charges Fashola to reinstate sacked staff

ITRealms:

The African Centre for Media and Information Literacy (AFRICMIL) has called on Mr. Babatunde Fashola, Minister of Power, Works and Housing, to order the immediate and unconditional reinstatement of Mr. Murtala Ibrahim, a whistleblower who was recently sacked by the Federal Mortgage Bank of Nigeria (FMBN), reports ITRealms.

Coordinator of AFRICMIL, Chido Onumah, told ITRealms that Murtala Ibrahim, a Unit Head in the ICT Process Audit and Special Investigation Unit of the bank was unjustly disengaged on May 8, 2017, for blowing the whistle on contract scam and the bank’s manufactured 2016 Half-Year Validation Report.

According to AFRICMIL, “The Finance and Accounts Group of the bank reported a surplus of income over expenditure to the tune of N423, 653, 187, but on investigation by the Internal Audit Group where Mr. Ibrahim served as the deputy head, it was discovered that the report was doctored, and that the so-called profit was fraudulent. They found out that what ought to have been declared was a loss, and not a profit.”

The organization noted that the FMBN, which has never declared profit since its establishment, manufactured the report to deceive the Minister of Power, Works and Housing whose Ministry supervises the bank, into believing that the bank was performing well. It urged Mr. Fashola not to be misled by a report whose sole aim was to cover up the massive fraud and bad management which the bank had experienced over the years.

The statement referred the minister to a Central Bank of Nigeria report which vindicated the audit group that there was indeed no profit contrary to the report of the stated period submitted by the bank’s management. The CBN report also discovered a loss. But where the audit group merely reported a loss without putting a figure to it, the CBN report actually put the loss at about N7billion.

“We request Mr. Fashola to look critically at that CBN report and he would discover that not only was he shamelessly taken for a ride, the management of FMBN also went on to unlawfully sack an officer who was only carrying out his duties in an honest and professional manner,” Onumah said.

According to AFRICMIL, the cruel treatment of Ibrahim by FMBN has again brought to the fore the recurring victimization of officers who report wrongdoings in government offices.

“The persistent victimization in any form of those who are courageous enough to blow the whistle must not be tolerated if the whistleblower policy of this administration must succeed," noting that whistleblowers deserve nothing more than full protection as this will further encourage accountability and enrich the right of the public to know.

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Why we sacked 145 workers -TVC mgt

ITRealms:

The management of board of Continental Broadcasting Services Ltd (CBS), and the owners of Television Continental (TVC) as well as Radio Continental, has adduced some reasons on why the restructuring of the group companies led to the sacking of 145 workers, reports ITRealms.

A press statement by its public relations agency, Brooks & Blake, made available to ITRealms, attributed the sack to repositioning of the business for better and greater delivery of its services to audiences and advertisers alike.

As contained in the statement, “in line with the changes, 145 workers will be affected by the reconfiguring the workforce as part of the rationale to achieve the new objectives.

“We wish to make clear that our core channels consisting of TVC News Nigeria, TVC Entertainment and Radio Continental will now become the main focus of our business going forward where we will deliver high quality news and entertainment programmes to our audiences and advertisers across Nigeria and beyond. The winding down of TVC News Africa will allow us concentrate on these key areas of our business.

In addition, “The CBS Board of Directors has also approved substantial new investment in our staff across the group of companies which will enable us substantially enhance our news and current affairs output on TVC News, entertainment programming on the market leading TVC general entertainment channel and our key radio asset Radio Continental.

“For those staff members affected by today’s announcement, the Board of CBS Ltd has approved a generous severance package in addition to a programme of assistance to enable them seek new employment,” the company stated.

Uboshe Uboshe/GEE

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Lagos community sacked by militants

ITRealms:

A Lagos State subub of Ikorodu, may have been sacked by militants following frequent attacks which has led to residents deserting the community and environ, reports ITRealms.

According to the News Agency of Nigeria (NAN), several residents of communities in Ikorodu in Lagos State, have fled their homes for fear of being attacked by militants who have taken over the area.

NAN also reported on Friday in Lagos that life had become agonizing for them following activities of the militia group.

ITRealms also gathered that the militants have laid siege on the community for two weeks consecutively, robbing,  vandalising, kidnapping, raping and maiming their victims and efforts at alerting security agencies fail on deaf ears.

NAN further reported the militants steal domestic animals and raw foodstuffs, adding that the gang was armed with dangerous weapons in carrying out the incessant nefarious activities.

The fleeing residents of Igbo- Olowu community told NAN that they had sent an SOS to the Lagos State Police Command over the de­velopment.

Full of fright, the residents added that many of them had to vacate their abode for fear of further attacks and mo­lestations.

One the fleeing residents, Mr. Mike Faleke, told NAN he had left the area with his family due to increased criminal activities.

“The hoodlums are pipe­line vandals who have re­sorted to going to people’s homes to dispossess them of whatever they could find, including foodstuffs, goats, chicken, pigs and other domestic animals,” he decried.

Ayo Omidele/GEE

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Pix: Gov. Akin Ambode of Lagos State

Why Buhari sacked NNPC board

ITREALMS:

The President, Alhaji Muhammadu Buhari sack of the board of the Nigerian National Petroleum Corporation (NNPC) with immediate effect, may not have been unconnected with the high-level corruption allegedly incubating in the corporation, reports ITRealms.

The directive to that effect was conveyed in a letter signed  and dated today, 26th June 2015 by the Head of the Civil Service of the Federation, Barr.Danladi Kifasi. 

In a press statement made available to ITRealms endorsed by Director, Communications at the office of the Head of Civil Service of the Federation, Mr. Haruna R. Imrana, disclosed that part of the content was that President expressed thank to members of the dissolved board for their services to the nation.

ITRealms recalls that since the twilight of the former president till now, NNPC has been in the eyes of the public for unbecoming allegations of bribe.

According to industry observers, the dissolution and probing of NNPC will not come to Nigerians as unexpected.

Ayo Midele/ED, Ops

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IG of Police, Suleiman Abba sacked as Solomon Arase takes over

    ITRealms

  

Nigeria’s Inspector General of Police, Suleiman Abba has been sacked by President Goodluck Ebele Jonathan. The sack was announced by the president’s spokesperson, Reuben Abati, in a statement on Tuesday, ITRealms can report authoritatively.

ITRealms, however, gathered that a Deputy Inspector General of police, Solomon Arase, was appointed to act in his stead just as Mr. Abba’s removal and the assumption of office of his replacement are with immediate effect.

Mr. Abati’s statement read in full, “President Goodluck Ebele Jonathan has relieved the Inspector-General of Police, Mr. Suleiman Abba of his appointment and duties with immediate effect.

“President Jonathan has also appointed Deputy Inspector-General of Police, Mr. Solomon Arase as Acting Inspector-General of Police, also with immediate effect.” Until his appointment as Mr. Abba’s replacement, Mr. Arase ITRealms learnt, was the Head of the Force Criminal Intelligence and Investigation Department.

“Mr. Arase olds Bachelors and Masters Degrees in Law, as well as  Bachelors and Masters Degrees in Political Science and Strategic Studies. He is also a Fellow of the Nigerian Defence College.”

ITRealms further learnt that Mr. Abba, 56, became acting Inspector General on August 1, 2014 following the retirement of his predecessor, Mohammed Abubakar after 35 years of public service. He was confirmed substantive IGP on November 4, 2014.

With his removal, Mr. Abba will proceed on forced retirement four years before he attains retirement age.

Cyriacus Nnaji /GEE

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Pix: Acting IG, Deputy Inspector-General of Police, Mr. Solomon Arase