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The Big Story
House Panel Clears Gbajabiamila, Uncovers Forged Documents in PFIPC Scandal
"The documentary evidence presently before the Committee does not establish that the Chief of Staff authorised, approved, established or participated in the activities of the purported organisation." — House Committee on PFIPC
A House of Representatives ad hoc committee investigating the purported Presidential Foreign Intervention Promotion Council (PFIPC) has cleared Chief of Staff Femi Gbajabiamila of any role in establishing or operating the fake agency, while uncovering an elaborate scheme of forged government documents. The committee, chaired by Rep. Yusuf Gagdi, found that a letter appointing Prince Adeniyi Adeyemi as PFIPC's director-general, a purported Executive Order, and a document presented as an Act of the National Assembly were all fabricated. Investigators traced 58 bank accounts and 12 additional fake agencies to Adeyemi, and are probing an alleged NGN400 million transaction in which a businessman says he paid for a government contract that never existed. [Premium Times] Adeyemi had separately accused Gbajabiamila of collecting an NGN400 million bribe over the council's creation, an allegation the committee's findings do not support. [Tribune Online] The committee said Gbajabiamila had in fact triggered the original investigations after being alerted to the council's activities, and confirmed evidence capable of supporting criminal charges will be forwarded to prosecutors. [Premium Times]
What Else Is Happening
Wike Escalates 2027 Campaign, Says He'll Be Atiku, Obi's First Target if Tinubu Loses
FCT Minister Nyesom Wike made a string of combative 2027 statements on Wednesday, saying he would be the first political casualty of Atiku Abubakar and Peter Obi if President Tinubu loses re-election, and predicting Tinubu will secure 25% of votes in the north while Atiku falls below 10% in the south. He also defended the right of politicians under Economic and Financial Crimes Commission (EFCC) investigation to canvass for votes. [Daily Trust] [Vanguard]
Uber Ends 12-Year Nigerian Run
Uber ended its Nigerian operations on September 2 after twelve years, telling customers it reviewed its business priorities and decided to exit, with its help centre staying open for final account queries until September 23. The ride-hailing service launched in Lagos in 2014 and became a fixture of urban transport before its withdrawal. [Channels TV]
Navy Disrupts Illegal Refining Operations in Rivers, Delta
The Nigerian Navy uncovered three suspected illegal refining sites, six reservoirs and about 99,000 litres of products believed to be stolen crude oil and illegally refined automotive gas oil during operations across Rivers and Delta states. The seizures form part of an intensifying crackdown on oil-theft infrastructure blamed for draining government revenue and fuelling environmental damage in the Niger Delta. [Channels TV]
Lagos Financial-Centre Project Faces Legal Test
Nigeria Revenue Service chairman Zacch Adedeji said the proposed Lagos International Financial Centre cannot succeed without clear legislation, constitutional alignment and predictable regulation, even as a steering committee was inaugurated to drive the project. The centre is targeting a first-quarter 2027 launch, a timeline Adedeji's comments suggest is not yet guaranteed. [TheCable]
Diphtheria Spreads to Nasarawa as Northern Outbreak Widens
Diphtheria has spread to Nasarawa State, with 15 cases confirmed, the latest state pulled into an outbreak that has already killed dozens in Kano and Katsina and driven Plateau's toll to 23 dead this week. Kano authorities are now engaging traditional rulers to boost vaccination uptake as health officials scramble to contain transmission across the north. [Daily Trust]
Market Watch
FX The naira strengthened to NGN1,326.69/USD on September 2, a 0.21% appreciation from NGN1,329.43 on September 1, extending its steady climb through the week as improved dollar supply and calibrated CBN interventions kept the official window firm. [CBN]
Equities The NGX All-Share Index slipped to 246,019.17 on September 2, down 0.03% from 246,082.63 on September 1, essentially flat after the prior session's rally, as profit-taking in a handful of large-cap names offset renewed buying interest elsewhere on the bourse. [NGX Group]
Macro The Securities and Exchange Commission released draft rules for online forex and Contracts for Difference trading, proposing capital thresholds of up to NGN5 billion for platform providers and a 30% minimum Nigerian ownership requirement for licensed brokers, closing a regulatory gap for domestic and offshore platforms serving Nigerian residents. [Tribune Online]
Quick Hits
→ The Nigeria Labour Congress rejected the latest petrol price increase and demanded more crude be supplied to domestic refineries, as pump prices climbed in parts of Lagos and Ogun State this week. [Punch]
→ The National Business and Technical Examinations Board released its June/July 2026 results this week, reporting an encouraging 81% pass rate across the National Business and Technical Certificate examinations held nationwide. [TheCable]
→ Tosin Adarabioyo joined Tottenham on a permanent deal and David Ozoh moved to Derby County on a five-year contract, among several Nigeria-eligible players who completed transfers across Europe on deadline day. [AllNigeriaSoccer]
On a Lighter Note
Nineteen-year-old Zadok Yohanna has become the most expensive Nigerian transfer of the summer, joining Brighton for 28 million euros after a breakout season with Sweden's AIK. It caps a remarkable rise from Swedish football to the Premier League in under two years. [Pulse Sports]
Why It Matters
  Chief of Staff Femi Gbajabiamila spent the summer accused of taking a bribe to legitimise a fake federal council. Today a House committee cleared him, and the accusation collapsed into forgery charges against his accuser instead. This is the story The Nigeria Brief has followed since July, when the same probe pulled in the CBN and summoned the National Security Adviser over an eight-month delay in acting on it. The ending is genuinely rare: an institution investigated a powerful official and he came out clean, on the evidence. Wike spent the day telling Nigerians exactly how the 2027 numbers will fall before a single vote is cast, the kind of confidence that treats an election as settled business. And Nasarawa became the fourth state pulled into a diphtheria outbreak that has already killed people in three others, spreading unremarked while Uber's twelve-year run in Nigeria ended with a one-line apology. Institutions clearing the innocent and institutions failing to contain a spreading disease are not opposites. They are the same country, moving at two different speeds.
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Produced with AI assistance using open-source web content. Sources have not been independently verified by Frontier Brief Media. Readers are encouraged to consult original sources before acting on any information herein.

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