General
NDLEA Declares Prophetess, Celebrities Wanted for Alleged Trafficking
By Adedapo Adesanya
The National Drug Law Enforcement Agency (NDLEA) has declared a Port Harcourt-based prophetess and founder of Christ Power Adoration Ministries, Mrs Faith Ugochi and a celebrity couple: Mr Igho Ubiribo and Miss Danielle Simba Allen, wanted for allegedly recruiting teenage girls into drug trafficking through an international syndicate operating from Los Angeles, USA.
In a statement on Sunday, it was revealed when NDLEA operatives at the NAHCO import shed of the Murtala Muhammed International Airport, Ikeja Lagos, intercepted a consignment of 32.70 kilograms of Loud, a strong variant of cannabis concealed in cartons of used wear on Wednesday 16th November 2022.
A freight agent, Mr Ukoh Ifeanyi Oguguo, was immediately arrested while further investigations led to the arrest of four more suspects: Miss Chikodi Favour, Miss Obiyom Shalom Chiamaka; Miss Nnochiri Chidinma Promise and Mr Edward Omatseye (aka Montana).
The 15-year-old Favour was the first sales girl to be arrested at a fuel station in the Ajah area of Lagos. She thereafter led the operatives to a duplex accommodation around the Ikate area of Lekki, which was later discovered to be a rented apartment by the criminal group purposely for four young girls that the syndicate uses for marketing and distribution of illicit drugs.
Another girl, Shalom, who is a fresh graduate of Agricultural Science from Rivers State University of Science and Technology, was picked from the house alongside Favour.
During their preliminary interviews, it was learnt that the syndicate rented another building used as a drugs warehouse inside Richmond Estate, Lekki. By the time operatives located the house, it was discovered that other members of the syndicate had broken into the store and carted away bags of illicit substances.
However, some illicit drug paraphernalia, including a sealing machine, bloating machine and packaging bags, were recovered from the warehouse.
A follow-up operation led to the arrest of Edward Omatseye at his residence around the Lekki area. Edward confessed during an interview to be working for Igho and his wife, Danielle, who is identified as the overall head of the criminal group.
An investigation was able to establish that Favour and Shalom were recruited as salesgirls in the illicit drug trade by Prophetess Faith Ugochi of Christ Power Adoration Ministries, using her church platform to recruit teenage girls brought to her for help on behalf of the celebrity couple: Igho Ubiribo (aka Tiny) and Danielle Simba Allen (aka Dani), who are the owners of the business, while Edward Omatseye (aka Montana) coordinates the illicit drug trade activities for them in Nigeria, with Nnochiri Chidinma Promise as representative of Ben Cargo Ltd, a freight company responsible for the shipment of illicit consignments into the country.
While Nnochiri Chidinma Promise and Edward Omatseye (aka Montana) have already been charged to court and are currently facing trial at the Federal High Court, Lagos, alongside Ben Cargo Ltd, a freight company which had been linked to two previous drug seizures and also involved in the current case, several attempts to get Prophetess Faith Ugochi, Igho Ubiribo and Danielle Simba Allen submit themselves for questioning have proved abortive.
A letter of invitation sent to Prophetess Faith Ugochi of Christ Adoration Ministries, No. 27 Anozie Street, Mile 2, Diobu, Port Harcourt, Rivers State, on 28th November 2022 was received and acknowledged by her mother, with whom she runs the Church. The letter was followed with a reminder on January 9, 2023, after a long wait.
In the same vein, letters of invitation were also extended to Igho Ubiribo and Danielle Simba Allen. A reminder was also sent when the couple didn’t show any readiness to respond to the first invitation. While Prophetess Ugochi fled her home and went into hiding but continued her prophetic ministration on Facebook, the duo of Igho and Danielle initially sent a legal representation to ask for another time to honour the invitation; they have since gone incommunicado.
Curiously, they hurriedly moved all funds traced to their company Lasgidi Backwood Ltd where all proceeds from the sales of illicit drugs were deposited into a private account of one Victor Imagoro.
The Agency has since blocked the sum of Eighty Million Naira (N80,000,000) traced to the account and obtained a court order to seize all properties, including a fuel station linked to the suspects in Lagos and Port Harcourt.
The NDLEA has further sought and obtained an order of the Federal High Court Lagos to declare wanted the celebrity couple: Ubiribo Igho and Danielle Allen, as the arrowheads of the illicit trade as well as Prophetess Faith Ugochi, who recruits teenage girls as sales representatives for the duo.
Meanwhile, the Agency, in collaboration with other stakeholders, including the Customs Service, on Friday 31st March, conducted a joint examination of two containers marked TRHU 4758549 and TRHU 6936803 where One Hundred and Forty-Three Million Eight Hundred Thousand (143,800,000 tablets) pills of Tramadol 225mg were discovered in 720 cartons weighing 10.3tons (10,386kgs). The opioid pills, which were mixed with cartons of sweets, were imported from India. The interception followed credible intelligence and the cooperation of sister agencies.
In the same vein, officers of the Directorate of Operations and General Investigations, DOGI, have intercepted at a courier firm a cargo of 1.5kg cocaine concealed in a carton declared to contain hair cream, shampoo, hair rollers and burners, going to London, UK.
In Kaduna, operatives on Monday, 27th March, raided Dan Wata village, Soba LGA, where they arrested one Abdurrashid Musa, 33, with 142.8kg cannabis while the principal suspect, Ibro Danwata, is still at large, while another suspect, Shamsu Abdullahi (aka Waja), 35, was also arrested the previous day during a follow-up operation at Rigasa Kaduna after he had abandoned 80,000 tablets of Diazepam weighing 13.4kg and escaped arrest earlier.
No less than 63 bags of cannabis sativa weighing 600kg stored in a house at Okpe village in Akoko-Edo LGA were recovered on Friday, March 31, when operatives raided the area, while a raid of a warehouse owned by one Shehi Mallam at tomatoes market, Dei Dei Abuja same day led to the seizure of 80 sacks of cannabis sativa weighing 842.4 kilograms. In Cross River, 12,000 pills of Tramadol 225mg were seized from a female passenger, Talatu Sale Adamu, 46, when NDLEA officers intercepted the commercial bus she was travelling in along Ogoja/ Katsina-Ala road on Monday, March 27.
While a suspect, Abraham Alaigwu, was arrested at Slaughter, Trans/Amadi area of Port Harcourt, Rivers state, with 91.7kg of cannabis on Thursday, 30th March, 228kg of the same substance was seized from Mr Ayodele Osuya, 35, in a Toyota Camry car around Quarter Guard area of Akure, Ondo state.
While commending the officers and men of MMIA for a painstaking investigation of Prophetess Faith Ugochi and the celebrity couple, Igho Ubiribo and Danielle Simba Allen, along with other members of their cartel, Chairman/Chief Executive Officer of NDLEA, Mr Mohamed Buba Marwa assured that no effort would be spared to ensure the fleeing suspects are brought to face the consequences of their action.
He also expressed his gratitude to operatives of Apapa, DOGI, Edo, Cross River, Rivers, Kaduna, FCT and Ondo Commands of the Agency for their resilience, professionalism and excellent synergy with other security agencies in their areas of responsibility.
He charged them and their colleagues across the country to continue to raise the bar in their daily attainments.
General
DisCos Collect N196bn in March, Miss N50bn of Billed Revenue
By Adedapo Adesanya
Nigeria’s electricity distribution companies (DisCos) generated N196.13 billion in revenue in March 2026, despite billing customers a total of N246.43 billion during the month, according to the latest commercial performance report released by the Nigerian Electricity Regulatory Commission (NERC).
The figure represents a slight decline from the N196.68 billion collected in February, highlighting persistent challenges in revenue recovery across the power distribution segment, even as energy supplied to the grid continued to improve.
NERC’s March 2026 fact sheet showed that electricity billing rose by 1.71 per cent from N242.29 billion recorded in February, reflecting increased energy deliveries and customer charges. However, collection efficiency declined to 79.59 per cent from 81.17 per cent in the previous month, indicating that a significant portion of billed revenue remained uncollected.
The regulator disclosed that DisCos received 293.76 million kilowatt-hours of electricity during the review period, representing a 6.02 per cent increase compared to February. The development suggests a modest improvement in power availability across the distribution network.
Despite the increase in energy supplied, revenue recovery remains uneven across the industry. NERC reported that the average approved tariff for March stood at N124.30 per kilowatt-hour, while actual collections averaged ₦100.75 per kilowatt-hour, resulting in an overall revenue recovery efficiency of 81.05 per cent.
Among the eleven DisCos, Ikeja Electric emerged as the strongest performer, posting a revenue recovery efficiency of 99.30 per cent. Eko Electricity Distribution Company followed with 95.73 per cent, while Benin DisCo recorded 85.18 per cent.
At the lower end of the performance table, Kaduna Electric recorded the weakest recovery rate at 35.65 per cent. Jos DisCo and Yola DisCo also struggled, achieving recovery efficiencies of 53.53 per cent and 58.58 per cent, respectively.
Ikeja Electric also led in collection efficiency with 96.38 per cent, ahead of Benin DisCo at 90.97 per cent and Eko DisCo at 87.68 per cent. Kaduna, Jos and Yola remained the poorest performers in this category, underlining the persistent commercial and operational challenges facing power distributors in parts of northern Nigeria.
In terms of billing efficiency, Eko DisCo ranked first with 92.30 per cent, followed by Port Harcourt DisCo at 90.36 per cent and Ikeja Electric at 87.76 per cent. Yola DisCo recorded the lowest billing efficiency at 58.68 per cent.
The latest figures underscore the mixed realities within Nigeria’s power sector. While electricity supply and customer billing continue to improve, revenue collection remains a major obstacle to the financial sustainability of the industry.
Analysts note that stronger metering penetration, improved customer confidence, reduction in energy theft and more efficient collection systems will be critical if DisCos are to close the widening gap between electricity supplied, billed revenue and actual collections.
The March performance report comes as regulators and industry stakeholders intensify efforts to strengthen the commercial viability of the electricity market, attract fresh investment and improve service delivery across the country.
General
Interswitch Adopts Temenos Platform to Deliver Banking Services to African Lenders
By Adedapo Adesanya
Interswitch has entered into a partnership with Geneva-headquartered banking software provider Temenos to offer managed banking services to financial institutions across the continent, deepening its push into banking technology.
The partnership will see Interswitch adopt Temenos’ banking technology across core banking, digital banking, payments, wealth management, and financial crime management.
This will enable the firm to provide cloud-hosted and on-premises managed services to lenders on the continent. The service will initially target Nigeria, Ghana, Côte d’Ivoire, Kenya, and other African markets.
“This is a pivotal moment for Interswitch as we accelerate our expansion beyond payments and reimagine digital banking for Africa,” Mr Jonah Adams, managing director for Digital Infrastructure and Managed Services at Interswitch, said in a statement.
By combining Temenos’ software with its existing footprint across the continent, Interswitch is positioning itself as a technology partner that can help banks upgrade critical systems without having to manage the complexity of large-scale technology deployments.
“By adopting Temenos’ cloud-native, composable platform, Interswitch gains the flexibility and scalability to accelerate its next phase of growth and deliver banking services that meet the needs of African markets,” Mr Adams added.
For Temenos, the deal strengthens its presence in Africa through a partner with deep relationships across the banking sector. It lost one of its banking customers, Sterling Bank, in 2024 after the tier-2 Nigerian bank switched to SEABaaS, a new custom-built core banking application.
“Interswitch is an important new customer and partner for Temenos in Africa,” said Mr William Moroney, Chief Revenue Officer at Temenos. “Interswitch’s strong presence across the continent also extends our reach and further strengthens our ecosystem and partner network.”
Founded in 2002, Interswitch built its reputation as one of Africa’s largest payments companies through products such as Quickteller and Verve, its domestic card scheme.
General
TGI Group, Wilmar to Form $12bn West Africa Food Giant in Major Merger
By Adedapo Adesanya
Tropical General Investments (TGI) Group and Singapore-based Wilmar International have agreed to combine their Nigeria and Republic of Benin operations into a 50:50 joint venture aimed at building a dominant integrated food and agribusiness platform across West Africa, targeting a market estimated at $12 billion.
The proposed merger will consolidate operations across several value chains, including agriculture, oil palm plantations, edible oils, edible nuts, rice, food manufacturing, and distribution, creating one of the region’s largest end-to-end food production and supply chains.
Under the arrangement, both firms will integrate their complementary strengths, with Wilmar contributing global expertise in palm oil, speciality fats, and large-scale agribusiness operations, while TGI brings established local manufacturing capacity, consumer brands, and an extensive distribution network across Nigeria and neighbouring markets.
Chairman and Chief Executive Officer of Wilmar International, Mr Kuok Hong, said the partnership would enhance both firms’ ability to serve Africa’s expanding consumer base, describing Nigeria and Benin as strategic growth markets.
“For more than four decades, TGI Group has built a leading position in Nigerian food manufacturing and distribution. This partnership will leverage Wilmar’s global scale and expertise as well as TGI’s local knowledge to deliver innovative food solutions across Africa,” added TGI Group founder and chairman, Mr Cornelis Vink.
On his part, Vice Chairman of TGI Group, Mr Farouk Gumel, said the deal reflects confidence in Nigeria’s long-term economic prospects, adding that it would deepen domestic value addition, strengthen food security, support smallholder farmers, and create jobs.
Adding his input, Wilmar’s Africa Head, Mr Santosh Pillai, described the transaction as a strategic fit, noting that the combined entity would have the scale, local insight, and operational depth needed to better serve consumers in the region.
The companies said the transaction is expected to be completed in the 2026 financial year, subject to regulatory approvals and other customary conditions.
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