Business

Nigeria Records 65,000 Suspected Cholera Cases, Over 10,000 Diphtheria Cases

Published

3 weeks ago

August 28, 2026

Preport

Nigeria is facing significant outbreaks of cholera and diphtheria, with more than 65,000 suspected cholera cases recorded across 35 states and about 195 Local Government Areas. More than 10,000 confirmed diphtheria cases have also been reported in 2026.

The Director-General of the Nigeria Centre for Disease Control and Prevention (NCDC), Dr. Jide Idris, disclosed the figures in Abuja while providing an update on the country’s response to both outbreaks.

The NCDC has intensified disease surveillance and deployed National Rapid Response Teams to affected states, including Borno, which has recorded the highest number of cholera cases. Teams are investigating transmission sources and assessing water, sanitation and chlorination gaps.

To control cholera, authorities are bringing treatment closer to affected communities while expanding oral rehydration points, strengthening treatment centres, improving water chlorination and conducting oral cholera vaccination in high-burden areas.

The response to diphtheria is focused on reactive vaccination, early detection and treatment, particularly in Kano, Borno and Bauchi, where cases remain concentrated. Healthcare workers have also been urged to quickly identify, report and manage suspected cases.

The NCDC stressed that federal intervention alone cannot end the outbreaks. States and Local Governments must strengthen immunisation, improve access to safe water and sanitation, repair critical infrastructure and ensure communities have adequate treatment and rapid-response services.

Although declining cholera cases and improved survival rates are encouraging, the NCDC warned against complacency. Communities are advised to use safe water, practise good hygiene, prepare food safely and seek medical attention early. Anyone with frequent watery diarrhoea should begin oral rehydration immediately and visit a health facility, while parents and caregivers should ensure children are fully vaccinated against diphtheria.

The post Nigeria Records 65,000 Suspected Cholera Cases, Over 10,000 Diphtheria Cases appeared first on Business Today NG.

Related Topics:cases Cholera diphtheria Nigeria Records Suspected

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Access Holdings appoints Orimoloye as Access Bank executive director, risk management

Published

8 hours ago

September 19, 2026

Preport

Access Holdings Plc has announced the appointment of Ifedayo Orimoloye as Executive Director, Risk Management of its flagship subsidiary, Access Bank Plc.

The company disclosed this in a regulatory filing signed by Sunday Ekwochi, Group Company Secretary, on Friday, saying the appointment followed the approval of the Central Bank of Nigeria (CBN) and would take effect from 21 September.

Commenting on the appointment, Aigboje Aig-Imoukhuede, Group Chairman, Access Holdings Plc, said the appointment will further strengthen the Bank’s risk governance and support its scale to value focus.

“Mr. Orimoloye brings strong global risk management experience and strategic leadership to the Board of Access Bank Plc. His appointment will further strengthen the Bank’s risk governance and support its scale to value focus. We are pleased to welcome him and look forward to his contributions to the Group’s long-term value creation agenda,” he said.

The appointment, the company said, reinforces Access Bank’s commitment to strong governance, prudent risk management and sustainable stakeholder value.

It added that the appointment was made in line with applicable regulatory requirements and the Bank’s corporate governance framework.

Profile

Mr Orimoloye is an internationally recognised risk management executive with over 25 years’ experience across leading financial institutions in Africa, Europe and the United States.

His expertise spans enterprise risk management, capital optimisation, credit governance, regulatory compliance and strategic transformation.

READ ALSO: CBN begins work on new financial inclusion strategy, targets deeper access

He was recently the Group Chief Risk Officer of the African Development Bank, where he oversaw a portfolio exceeding $40 billion and supported the institution’s continued AAA ratings from Moody’s Investors Service, S&P Global Ratings and Fitch Ratings.

He also played key roles in landmark capital and securitisation transactions, including initiatives to expand renewable energy access across Africa.

Mr Orimoloye previously held senior risk leadership positions at Sterling Bank Plc, Ecobank Transnational Incorporated, Wells Fargo Bank, HSBC and Citigroup, where he led risk transformation, portfolio management and governance initiatives across multiple markets.

He holds dual bachelor’s degrees in Economics and Finance, as well as an MBA in Finance from California State University, Hayward.

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Business

EFCC Hands Over Recovered N140m to Loan Firm in Lagos

Published

16 hours ago

September 18, 2026

Preport

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Directorate 2, Okotie-Eboh, Ikoyi, Lagos, have handed over the sum of N140million to an investment and money-lending company, B4 Sail Limited.

The recovery of the funds, handed over in bank drafts by the Acting Zonal Director, Lagos Zonal Directorate 2, Assistant Commander of the EFCC, ACE I Bawa Usman Kaltungo, followed investigations into an alleged case of obtaining money by false pretence and diversion of funds involving one Jacob Oyebola Esan and companies linked to him.

In a petition submitted on April 20, 2026, B4 Sail Limited alleged that Esan, on behalf of his company, Geo Fields Plc, had approached the company in August 2025 for a N500 Million Naira loan facility to boost his business.

The loan facility, according to the petitioner, attracted an interest rate of 15 per cent per month and had a tenor of one month.
Investigation revealed that Esan, who is the first suspect, had previously obtained other loan facilities from the company, bringing his total loan exposure to N1,065,000,000.00 (One Billion, Sixty-Five Million Naira).
It was also revealed that Esan pledged shares held by him as collateral for the facilities through Calyx Securities Limited, the clearing house for the stocks, with the understanding that the shares would be subject to a lien in favour of B4 Sail Limited and that the company would have the first right of payment upon the sale of the shares.

The lien, investigation revealed, was communicated to B4 Sail Limited through a letter signed by the second suspect, Gbolahan Azeez Bello, Managing Director, Calyx Securities Limited.

Further investigation, however, revealed that the shares pledged as collateral had been sold without the knowledge of the petitioner, resulting in the suspect’s alleged default in repaying the facilities.
Consequently, the outstanding loan and accrued interest had risen to N2,250,500,000.00 (Two Billion, Two Hundred and Fifty Million, Five Hundred Thousand Naira).

Speaking during the handover ceremony, Kaltungo stated that the recovery “represents a further step in the Commission’s efforts to ensure that funds and assets recovered in the course of its investigations are appropriately returned to legitimate owners and victims in accordance with due process.

The post EFCC Hands Over Recovered N140m to Loan Firm in Lagos appeared first on Business Today NG.