The Institute of Chartered Accountants of Nigeria (ICAN) and the Nigeria Police Force (NPF) have commenced moves to finalise and sign a Memorandum of Understanding (MoU) aimed at strengthening collaboration in professional accounting education, financial crime investigation and continuing professional development for police personnel.

The development was disclosed by ICAN on Sunday, following an engagement between ICAN and the Department of Training and Development of the Nigeria Police Force held on Friday, September 18, 2026, at the Akintola Williams House, Abuja.

SEE MORE: Police Probe PCRC Chairman Olaniyan Over Alleged ₦178m Financial Crimes

The delegation of the Nigeria Police Force was led by the Deputy Inspector General of Police, Department of Training and Development, DIG Isyaku Mohammed, FCNA, PhD.

The delegation was received by ICAN’s 62nd President and Chairman of Council, Hajia Queensley Sofuratu Seghosime, mni, MSc, FCA, alongside members of the ICAN Council and Management.

Speaking at the meeting, Seghosime said the engagement was aimed at translating the understandings reached during ICAN’s earlier meeting with the Inspector General of Police into practical initiatives.

She said the proposed collaboration would focus particularly on professional accounting education, specialised financial crime training and continuing professional development for police personnel.

She highlighted the proposed introduction of the Accounting Technicians Scheme West Africa (ATSWA) for eligible Police Academy cadets and personnel.

According to her, the collaboration would also involve the development of specialised training in forensic accounting, financial analysis, asset tracing and digital financial evidence.

In his remarks, DIG Mohammed requested ICAN’s support in adapting ATSWA for integration into the Police Academy and training colleges.

He also sought ICAN’s support in developing practical financial crime training and providing technical input into the Force’s financial investigation procedures and reporting tools.

At the meeting, ICAN formally presented its Draft MoU to the Nigeria Police Force for review and further input.

Both parties agreed to work towards the finalisation and signing of the MoU.

After the agreement is signed, a Joint Technical and Implementation Team will be constituted to develop the inaugural work plan and implementation timetable.

The proposed collaboration is expected to provide a structured pathway for police personnel to access professional accountancy education while strengthening their capacity to investigate the increasingly complex financial dimensions of crime.

It is also expected to enhance the professional development of police personnel and provide specialised technical knowledge that can support financial crime investigations and related enforcement activities.

The Federal Road Safety Corps (FRSC) has disowned a viral recruitment notice circulating on social media, directing applicants who were not shortlisted or did not receive invitation messages to report to the nearest FRSC camp for verification.

The Corps, in a statement issued on Sunday, September 20, 2026, described the circulating notice as “fake, unauthorised” and urged applicants and members of the public to disregard it.

SEE MORE: How Routine FRSC Patrol Exposed Wanted Driver, Recovered Stolen Sienna

The viral notice reportedly directed applicants who were not shortlisted or had not received invitation messages to report to the nearest FRSC camp for verification on or before September 25, 2026.

However, FRSC said: “No such directive has been issued by FRSC, and applicants should not report to any FRSC office, camp or training institution on the strength of the circulating message.”

The Corps urged members of the public to rely only on its official communication channels for authentic information concerning the 2026 recruitment exercise.

The agency also warned applicants against making payments or sharing sensitive personal information with individuals claiming to be facilitating the recruitment process.

Applicants were further advised not to follow links circulated by unauthorised persons in connection with the recruitment exercise.

FRSC stated: “Any person found using the FRSC recruitment exercise to deceive or defraud members of the public will be reported to the appropriate law-enforcement authorities.”

The Corps therefore urged members of the public to disregard the fraudulent publication and remain vigilant to avoid falling victim to recruitment scams.

Former Kaduna Central Senator, Shehu Sani, has cautioned Nigerians about investing in the stock market, saying prospective investors need to understand the realities of the market before committing their money.

Sani gave the warning in a post shared on his X account on Sunday while commenting on the Nigerian stock market and the activities of stockbrokers.

RELATED NEWS: Dangote IPO Will Spread Wealth Across Nigeria – Emir Sanusi

He said stockbrokers could use persuasive language to convince people to invest, after which investors might have to wait for a long period before seeing substantial returns.

Sani wrote: “The Nigerian stock market issues. The stock brokers have ‘sweet mouth’. They will make you believe in magic until you pump in your money.

“When you give them N5M, you can be getting an alert (dividend) of N50k after a long time; if you complain, they will tell you to wait until ‘the market rises’, and remind you ‘it’s a LONG TIME investment.’

“Everything looks like the gambling machine. If you have money to invest, please set up a small factory.”

The former senator’s comments come amid heightened public interest in Nigeria’s capital market following the launch of the Dangote Petroleum Refinery and Petrochemicals Initial Public Offering (IPO).

The Dangote Refinery IPO opened on September 14, 2026, with 4.1 billion shares offered at ₦525 per share.

The Securities and Exchange Commission has advised prospective investors to carefully read the approved prospectus and understand the terms, conditions and risks associated with the investment.

Sani’s Earlier Comments on Dangote IPO

Sani had earlier commented specifically on the Dangote Refinery share offer on September 15, cautioning prospective investors against unrealistic expectations about making quick wealth from shares and stocks.

He urged Nigerians interested in the offer to educate themselves about the realities, risks and fluctuations associated with stock-market investments before committing their money.

According to Sani, while investing could be beneficial, investors needed to understand both the potential gains and the risks involved.

He also warned against the belief that buying shares would automatically make someone a millionaire or billionaire within weeks or months.

“On a serious note, people need to be properly educated or enlightened on the realities and fluctuations of the business of buying shares and stocks,” Sani said.

He added that people with phones should take time to educate themselves about the risks involved in investing and understand “both sides” of the investment.

Sani also made a humorous reference to prospective Dangote Refinery shareholders, asking: “So, those who will buy N100k worth of shares from Dangote Refinery will soon be saying ‘Our Refinery’?”

His latest Sunday remarks therefore follow his earlier warning on the Dangote share offer, although his latest post did not specifically mention Dangote Refinery.