General
NDLEA Busts Three Drugs Syndicates In Lagos

By Adedapo Adesanya
The National Drug Law Enforcement Agency (NDLEA), following various intelligence-led operations across parts of Lagos state, has clamped down three drug syndicates involved in dealing with multi-billion naira worth of cocaine, opioids and cannabis.
In the wake of the raid, NDLEA officials arrested an alleged baroness and four other kingpins recovered from their hideouts.
The female head of one of the syndicates, Mrs Faith Ebele Nwankwo, was arrested on Wednesday, August 9, at her residence, House 6, C close, 3rd Avenue, Festac area of Lagos shortly after she returned from a warehouse at Plot 3432 Sola Akinsola Street, Divine Estate, Amuwo Odofin where she loaded eight cartons of tramadol 225mg into an unmarked white Honda Pilot SUV.
Authorities say that a search of her residence and the warehouse led to the recovery of two million seven hundred and fifty thousand (2,750,000) pills of tea making, a brand of tramadol 225mg and 250mg packed in 39 cartons weighing 1,916 kilograms. The drugs and the SUV were recovered while the suspect was taken into custody.
In another operation targeted at a group of transnational syndicates involved in the importation, exportation, distribution, and dealing of cocaine and Canadian Loud, operatives of the same Special Unit of the Agency on Friday, August 4, tracked the drug syndicate to Atlantic Nominee Estate in Lekki- Ajah area of Lagos where a blue Toyota Highlander SUV was loaded with 8.49kg of cocaine and 10.3kg Canadian Loud for distribution by the duo of Mrs Urama Chinemelum Precious, 32, and Mr Adelakun Ilelabayo Oluade, 55.
A follow-up operation at the residence of Chinemelum at House 7, Road 7, Lagra estate, Eti-Osa, Lagos, led to the recovery of additional 18 blocks of Loud weighing 18.5kg.
The following day, Saturday, August 5, operatives of the Special Unit went after another syndicate involved in the importation, distribution and diversion of ephedrine hydrochloride, a precursor chemical used for the production of methamphetamine, following intelligence that members of the cartel were planning to divert 25 kilograms of the substance.
Two suspected members of the syndicate: Mr Udeh Vincent Ogbonna, 53, and Mr Okonkwo Ifeanyi Uzozie, 50, were arrested at a commercial bus terminal in Jibowu, Yaba, Lagos, where they were attempting to send the concealed substance to the South East.
A body search conducted on the two suspects led to the recovery of $3,000 found on Mr Udeh Vincent Ogbonna.
In operations across four other states of Ogun, Ondo, Edo and Nasarawa, NDLEA operatives recovered over 13,391.8 kilograms of skunk.
No fewer than 1,955kgs of the illicit substance packed in 139 jumbo bags and stored in the warehouse of a wanted suspected drug dealer, Mr Lekan Jimoh (aka Konmo Konmo) in Ado Odo Ota area of Ogun state, were recovered in the early hours of Saturday 12th August in collaboration with officers and men of the Nigerian Army.
In Ondo, Mr Ogbu Paul Odey, 30; Me Daniel Osidi, 34; Mr John Iyage, 41; Mr Friday Simon, 28; and Mr Friday James, 24, were arrested in connection with the seizure and/or destruction of over 10,325.5kgs of cannabis sativa in Iju and Ala forests, in Akure area of the state between Wednesday 9th and Thursday, August 10.
Also, a 22-year-old, James Aga, was arrested during the raid of an uncompleted building on the outskirts of Utese town in Ovia North East LGA of Edo State on Friday, August 11, with 10kg skunk, 976kg of the same substance was recovered from the building in addition to the recovery of four motorcycles.
In an earlier operation in Utese forest on Tuesday, August 8, at least 46.545kgs of skunk were recovered and 1.581146 hectares of cannabis farms destroyed while two suspects, Mr Onyelunisue Azuka, 48 and Mr Abraham Ayomide, 30, were arrested.
Similarly, in Nasarawa state, a 49-year-old, Mr Umar Abdullahi, was arrested on Friday, August 11, with 64.8kgs of cannabis sativa in Doma LGA, while NDLEA operatives of the Directorate of Operations and General Investigation (DOGI) on Wednesday, August 9, intercepted a 4.5kg consignment of Loud coming from the United States at a courier firm in Lagos.
In his reaction to the clinical dismantling of the three-drug syndicates and arrest of their kingpins, the Chairman/Chief Executive Officer of NDLEA, Mr Mohamed Buba Marwa, commended the officers and men of the Special Unit for being proactive and pragmatic in the operations.
He also applauded their colleagues in Ogun, Ondo, Edo and Nasarawa Commands and those of DOGI for their zeal and professionalism. He charged them and their compatriots across the country to remain vigilant and focused.
General
UBA’s Abiodun Coker Wins Future Leader in Media Management Award

By Modupe Gbadeyanka
The Media and External Relations Lead of United Bank for Africa (UBA) Plc, Mr Abiodun Coker, has been crowned the Future Leader in Media Management.
He clinched this award at The Industry Summit/Awards held on Friday, May 2, 2025, in Lagos, with several persons from across all sectors in attendance.
Mr Coker’s recognition further cements his growing reputation as one of Nigeria’s most dynamic and future-ready communications leaders, with his eyes firmly set on redefining the media management landscape.
The award jury, chaired by Mr Tolulope Ogunjobi, a renowned broadcast business correspondent and Business Editor at TVC News, said Mr Coker was bestowed with the honour because of his exceptional achievements in the public relations field during the year 2024.
The team said one of them was his masterful handling of UBA’s 2024 rights issue, which successfully closed on December 24, 2024, and the impactful execution of the bank’s 75th Anniversary Campaign, both of which were described as commendable and exceptional.
According to the jury, his management of UBA’s media ecosystem during the year under review was remarkable, with several media professionals praising his public relations craftsmanship and ability to skilfully manage the image of one of Africa’s most formidable financial brands.
“Abiodun Coker’s achievements in 2024 are a beacon for greater accomplishments ahead. He is undoubtedly one of the strategic communication experts to watch in 2025,” the jury noted.
A seasoned professional, Mr Coker’s journey from an acclaimed financial journalist at BusinessDay Newspapers to a powerhouse in corporate communications has been nothing short of inspiring.
With over eight years of robust journalism experience, coupled with leadership roles at top-tier public relations firms such as BD Consult Ltd and Quadrant, he has consistently demonstrated his ability to transform and manage leading brands successfully.
Organized by The Industry Newspaper, the leading brand marketing publication in West Africa, the prestigious awards recognize outstanding professionals shaping the future of brand marketing and communications across the region.
General
FG Reassures Investors More Enabling Investment Climate

By Adedapo Adesanya
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has reiterated the federal government’s commitment to fostering a more enabling investment climate, anchored on macroeconomic stability, structural reform, and a clear pathway to inclusive prosperity.
He gave this assurance at a high-level private dinner, organized by Kuramo Capital Management Lagos as part of Africa Venture Capital Week.
The Minister lauded Kuramo Capital and its partners for their steadfast belief in Africa’s promise and highlighted the alignment between private capital and Nigeria’s renewed hope reform agenda.
According to a statement, participants recognized the vital role of blended finance and innovation in driving sustainable development.
The event brought together a distinguished group of global investors, development partners, and business leaders for a candid exchange on unlocking long-term capital for Africa’s growth and transformation.
It also marks Kuramo Capital’s first formal convening in Nigeria in several years, underscoring a renewed sense of commitment to deepening its strategic footprint across the continent.
Mr Edun said with this renewed commitment, the federal government is poised to unlock new opportunities for economic growth, investment, and inclusive prosperity.
He also called for more investment into the country, assuring participants that the right mechanisms are being put in place towards driving Nigeria’s development and improving the lives of its citizens.
General
FG Moves to Fast-Track Household Cash Transfer Scheme

By Adedapo Adesanya
The federal government is fast-tracking the implementation phase of its economic and financial inclusion strategy aimed at improving access to economic opportunities for Nigerians.
This was disclosed by the Deputy Chief of Staff to the President, Mr Ibrahim Hadejia, at the inaugural meeting of the Technical Committee of the Presidential Committee on Economic and Financial Inclusion (PreCEFI).
He said that “Financial inclusion is not just about having a bank account—it means access to quality services, credit, and the visibility that digital platforms offer.”
The meeting was held at the Presidential Villa, Abuja, on Wednesday.
The federal government established an inter-agency task force to address challenges delaying President Bola Tinubu’s approved conditional cash transfers to 15 million vulnerable households.
The task force includes the National Identity Management Commission (NIMC), National Social Safety-Nets Coordinating Office, National Cash Transfer Office (NCTO), Central Bank of Nigeria (CBN) and Nigeria Inter-Bank Settlement System (NIBSS).
The mandate of the taskforce goal is to unlock bottlenecks and fast-track the distribution of critical financial support to Nigeria’s most vulnerable.
The meeting also endorsed steps to work with state governments in localising data from the Enhancing Financial Innovation and Access in Nigeria (EFInA) Access to Financial Services survey – a biennial study conducted by the EFInA.
Mr Hadejia explained that the meeting brought together high-level stakeholders from government agencies, financial institutions, and academia to align on the President’s vision and execution roadmap.
“We are off to a very good start. What has led to the success of what we’ve done so far is alignment and inclusive stakeholder engagement,” he said.
On hsi part, the committee’s Secretary, Mr Nurudeen Zauro, said the meeting also approved PreCEFI’s strategic roadmap and governance structure.
Mr Zauro, who is also the Technical Advisor to the President on Financial Inclusion, said ” an inter-agency committee has been established to address delays in the disbursement of conditional cash transfers to 15 million households as mandated by President Tinubu.
“We will be presenting the report to the National Economic Council and the Nigerian Governors Forum to ensure data is domesticated and acted upon at the subnational level.”
Also, Director-General of NIMC, Mrs Abisoye Coker-Odusote, explained that digital identity plays a foundational role in achieving inclusion goals.
“The beauty of the NIN is that it bridges the financial divide. It provides access to health, education, and agricultural services and strengthens national data infrastructure,” she said.
The Director of Consumer Protection and Financial Inclusion at the CBN, Mrs Aisha Isa-Olatinwo, urged the committee to focus on implementable outcomes that serve those at the base of the pyramid.
According to her, financial inclusion is one of the eight reform pillars of the President’s agenda.
-
Feature/OPED5 years ago
Davos was Different this year
-
Travel/Tourism9 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz2 years ago
Estranged Lover Releases Videos of Empress Njamah Bathing
-
Banking7 years ago
Sort Codes of GTBank Branches in Nigeria
-
Economy2 years ago
Subsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking2 years ago
First Bank Announces Planned Downtime
-
Sports2 years ago
Highest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn
-
Technology4 years ago
How To Link Your MTN, Airtel, Glo, 9mobile Lines to NIN