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A suspected cultist, Ojo Akinola Iyanu was on October 26 arrested by men of Ogun state police command while allegedly trying to disrupt a school examination going on at Ogun state Institute of Technology Igbesa in Ado odo ota local government area of the state.  A statement by DSP Abimbola Oyeyemi, spokesperson of the state police command, says the suspect was arrested following credible intelligence gathered by the police that some students who belong to a  cult group have concluded plans to disrupt the school examination which was rescheduled after the settlement of crisis between the school management and the students.  ''Having not prepared for the examination, some of the students cultists enacted plan to ensure that the examination did not take place.  Upon the intelligence, the DPO Igbesa, SP Abayomi Adeniji, in collaboration with other security agencies such as NSDC, So safe Corps and the polytechnic security department decided to properly screen ...

The Rivers State Police Command arrested a 51-year-old woman, Gladys Amadi for killing her husband, Eze Napoleon Amadi, at their residence in Igwuruta community, Ikwerre Local Government Area of the state.    It was gathered that the deceased was the traditional ruler of Chokocho Etche community in Etche Local Government Area of Rivers State. The suspect while being paraded at the premises of the State Criminal Investigation Department on Wednesday, October 27, Mrs Amadi admitted to k*lling her husband with a machete during an argument on October 8, 2021. . The mother-of-two claimed that she k*lled her husband in self defense after the deceased allegedly attempted to k*ll her with a machete during an argument but she overpowered him and used the weapon on him. She further alleged that her husband had thre*tened to k*ll her and her children for r*tual purposes. "He went and brought the knife (machete) and started dr*gging me and I was screaming. We started dr*gging ...

The Federal Government has begun the process for the valuation and sale of property belonging to the former Minister of Petroleum Resources, Diezani Alison-Madueke which were forfeited to the government. The Diezani property is located in the exclusive Banana Island Foreshore Estate in Ikoyi, Lagos, and consists of 18 apartments and six penthouses in Building 3, Block B, Bella Vista, Plot 1, Zone N, Federal Government Layout. Other recovered items listed for sale include 125 pieces of wedding gowns, 13 pieces of small gowns, 41 pieces of waist trainers, 73 pieces of hard flower, 11 pieces of suit, 11 pieces of invisible bra, 73 pieces of veils, 30 pieces of braziers, two pieces of standing fan, 17 pieces of magic skits, six packets of blankets, one table blanket and 64 pairs of shoes. Meanwhile, other notable properties listed include those belonging to the late Chief of Defence Staff, Air Chief Marshal Alex Badeh, whose houses in the Wuse 2 and Maitama high-brow neighbourh...

The Nigeria Deposit Insurance Corporation, NDIC, said that 99.4 per cent of bank accounts contain less than N500,000 Maximum Insured Limit (MIL) of the Nigeria Deposit Insurance Corporation, NDIC. Managing Director/Chief Executive, NDIC, Mr. Bello Hassan disclosed this in Gombe, at a recent event.He stated this against the concerns over the adequacy of tl the NDIC’s maximum coverage limits of N500,000per depositor per commercial, merchant and, non-interest bank, primary mortgage bank and mobile money operator, as well as N200,000 per depositor per microfinance bank. “The Corporation invites you to note that in 2016, 2017, 2018 and 2019, the total number of accounts in the deposit money banks stood at 83.0 million; 99.1million; 112.0 million and 128.4 million respectively.  Out of these numbers, the N500,000 coverage limit fully covered 99.4%; 97.6%; 97.5% and 97.6% of accounts, respectively. What these figures entail is that only less than 3% of accounts/depositors are ...

A 26-year-old man identified as Aliyu Na Idris who put himself for sale for the sum of N20 million has been arrested by Hisbah police in Kano. Head of Hisbah Board, Commander Sheik Harun Ibn Sina said it is forbidden in Islam for one to put himself up for sale. “Yes we arrested him yesterday (Tuesday) night and he spent the night with us but I haven’t interrogated him,” he told The BBC. Idris, a tailor, had told reporters that he put a placard on his neck and went around Kano city, saying ‘I am for sale for N20m’ because of poverty. “My family is aware of it and it is because of poverty, I first tried Kaduna but I didn’t get any buyer so I moved to Kano. Some people have made their bargain but nobody has reached the N20m target.” He added that he planned to give the government N5m as tax if he gets a buyer willing to pay N20m. He also said he planned to give his parents N10m and that the person who helps him get a buyer would take N2m while he would keep N3m for daily upke...

President Muhammadu Buhari has launched Nigerian digital currency, E–Naira. While launching the digital currency, at the State House, Abuja, on Monday, October 25, the president said the adoption of new CBN digital currency is estimated to increase Nigeria’s GDP by $29 billion over the next 10 years. “We have become the first country in Africa and one of the first in the world to introduce a digital currency to our citizens,” he said.  Adding that the new virtual currency would improve cross-border trade, financial inclusion for those outside the formal economy and increase remittances.  Nigerian authorities say the currency is not intended to replace cash but will function as a safe and efficient alternative means of payment. The eNaira will be a Central Bank Digital Currency (CBDC), issued by the government, and it will have the same value as the paper, or fiat, currency. 

A 36-year-old man, Abubakar Halilu, has narrated how he plotted the kidnap and m*rder of his cousin, to avoid repaying the sum of N1.4 million he owed her, in Galadimawa, Kaduna State.  According to him, his cousin bought some tricycles valued at N3.9 million and gave them to him on hire purchase. He claimed he successfully paid N2.5 million and was owing her a balance of N1.4 million which he did not want to pay. “I was supposed to have finished payment in December 2020. The total amount was N3.9 million. I have paid her N2.5 million, remaining a balance of N1.4 million. When she called to ask for the balance, I told her I was going to collect my money from someone. I lured her to accompany me to collect the money from the person but took her to bandits in Galadimawa. As we arrived the place, they kidnapped both of us and took us into the bush and separated us. My plan was for them to k*ll her. They were supposed to collect N100 million ransom and give me my share...