By Seun Ibiyemi The Economic and Financial Crimes Commission (EFCC) has recovered 2.3 million litres of Automotive Gas Oil (AGO), valued at N4.485 billion, from Mamemo Ibru of Ibafon Oil and Gas over an alleged case of stealing and criminal conversion. The recovery was made on Monday, August 17, 2026, by the Lagos Zonal Directorate…
By Seun Ibiyemi Troops of the Nigerian Army, in collaboration with the Nigerian Navy, Nigeria Police Force and local security groups, have rescued all 16 persons abducted by suspected kidnappers in Kogi State. The victims were kidnapped on Sunday, August 9, 2026, when armed criminals attacked commuters along the Ojuwo–Ajengo–Memarebo and Ojiwo–Itobe roads in Ofu…
The Nigerian Exchange Group (NGX) has disclosed that the value of listed equities on the Nigerian capital market has risen from about N30 trillion in 2023 to N160 trillion, with expectations that the figure could climb further to N230 trillion before the end of 2026. The disclosure was made when the Board and Management of…
The detained self-acclaimed Director-General of the controversial Presidential Foreign Investment Promotion Council (PFIPC), Adeniyi Adeyemi, has denied responsibility for allegedly creating the disputed agency, claiming that several federal ministries, departments and agencies officially recognised, processed and supported its operations. Adeyemi, who is currently in police custody, made the claims in a statement issued on Sunday…
By Seun Ibiyemi The National Drug Law Enforcement Agency (NDLEA) has thwarted an international cocaine trafficking operation with the interception of drug consignments concealed in a local mortar and a specially modified backpack bound for China and Italy, while also seizing 26,000 bottles of codeine syrup and arresting suspected traffickers in coordinated nationwide operations. The…
Senator representing Zamfara West, Abdulaziz Abubakar Yari, has denied any involvement in the recent seizure of gold bars by the Economic and Financial Crimes Commission at the Mallam Aminu Kano International Airport, describing reports linking him to the incident as false, malicious and politically motivated. In a statement issued by his Chief of Staff, Hon….
By Seun Ibiyemi A fugitive drug kingpin, Ntoruka Emmanuel Chinedu, and former international footballer, Hunkarin Segun George, have been sentenced to a combined 24 years’ imprisonment by the Federal High Court in Lagos for unlawfully importing 7.050 kilograms of cocaine into Nigeria. Justice Musa Kakaki delivered the judgment on Friday, convicting the duo on separate…
By Seun Ibiyemi The National Drug Law Enforcement Agency (NDLEA) has arrested a 55-year-old Lagos trader, Onuigbo Ndubisi Chinedu, for allegedly attempting to smuggle 3.30 kilograms of cocaine concealed in cartons of food items destined for the United Kingdom, as the agency intensified its crackdown on drug trafficking across the country. The suspect, a clothing…
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has secured a final forfeiture order for N941,994,079.86 allegedly traced to proceeds of a ghost worker scheme uncovered on the Integrated Payroll and Personnel Information System (IPPIS). Justice Binta Nyako of the Federal High Court in Abuja granted the order following an ex parte application…
The National Drug Law Enforcement Agency (NDLEA) has intercepted 1.63 million pills of tramadol concealed in specially constructed compartments of two long trailers and dismantled part of a transnational drug trafficking network operating along the Togo-Benin Republic-Nigeria corridor. The agency disclosed that the operation followed the seizure of 558,900 tramadol pills hidden in a truck…
