Chairman and Chief Executive Officer of the NDLEA, Buba Marwa, commended officers in Abuja, Lagos, Kano, and Edo states for the arrests and seizures over the past week, urging them to sustain efforts aimed at reducing both the supply and demand of illicit drugs in the country.
News
MBA Forex Victims: Can EFCC Deliver Justice?
Port Harcourt is known to bust with a Ponzi scheme from time to time, and the lesson is hardly learnt. From the days of Umana Umana bank where lives were ruined when important persons banked and crashed with them, to the MBA Forest of recent, it has been same tale.
Port Harcourt is an oil zone and so a mega bucks zone. People earn big and lose big because they invest big; in good and bad.
So, when a scheme came called MBA Forex emerged, big investors poured in billions of naira, and when it crashed, souls went aflame and ablaze. Many had hoped and prayed that government agencies could intervene and save what is left of their souls. It was late in coming because the suspects usually plan ahead.
Now, the Economic and Financial Crimes Commission (EFCC) has in Port Harcourt arraigned a director for alleged N13.8bn fraud.
The EFCC arraigned the director of Glossalalia Nigeria Ltd and Pelenged Nigeria Ltd, Precious Williams before Justice S. I . Mark of the Federal High Court, sitting in Port Harcourt, the Rivers State capital.
Williams is being prosecuted on a 14-count charge, bordering on conspiracy, advance fee fraud, obtaining money under false pretence and money laundering to the tune of N13.8 billion.
One of the charges reads: “That you, Precious Williams of Glossolalia Nigeria Limited; Pelegend Nigeria Limited, Phenom 413 Events Limited (company representative at large) and Doxasterz Oil and Gas Limited, sometime between the 24th day of August, 2019 and 15th day of February, 2020, at Port Harcourt, within the jurisdiction of this Honourable Court, directly took possession of the sum of Ten Billion Naira (N10bn) only from Maxwell Chizi Odum (still at large) and MBA Trading and Capital Investment Limited (at large) through your Sterling Bank PLC Account No. 0064260799, when you reasonably ought to have known that the said funds formed part of the proceeds of the unlawful activities, of Maxwell Chizi Odum (still at large) and MBA Trading and Capital Investment Limited (at large) of obtaining money under false pretence from one Christian I. Agadag Agadaga and over three thousand (3000) other unsuspecting members of the Nigerian public, under the pretext that it was for investment purposes that will yield for them 10% to 15% interest. There were other charges that ran contrary to Section 15 (2)(b) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15(3) of the same Act.”
She pleaded “not guilty” to all the charges, prompting the prosecution counsel E. K. Bakam to ask for a trial date and to apply for the remand of the defendant in a correctional center, while counsel to the defendant, Tochukwu Maduka, SAN, informed the court of the defendant’s bail application and prayed the court to grant her bail to enable her to prepare for her trial.
In his ruling, the judge held that the defendant be remanded in the Port Harcourt Correctional Center and adjourned the matter till June 17, 2025 for the hearing of the bail application.
The defendant was arrested when petitioners alleged that she received money from over 3000 victims by false pretence and laundering the money for personal use sometime in April 2021.
The petitioners alleged that sometime in 2019 and 2020, the defendant alongside MBA Trading and Capital.
Businessday.ng
News
JUST IN: Israel Breaks Silence On Netanyahu’s Death Claims; Truth Emerges
The office of Israeli Prime Minister, Benjamin Netanyahu, has cleared the air over his rumoured death.
It dismissed viral social media claims suggesting the Prime Minister had been assassinated following the escalating conflict involving Israel, the United States and Iran.
“These are fake news; the Prime Minister is fine,” the Prime Minister’s office said
DAILY POST reports that the rumours gained traction after a video shared by Netanyahu on his X account on Friday showed him addressing a press conference on the ongoing Israel-US-Iran conflict.
Some social media users, immediate after the video was posted, claimed they had spotted what appeared to be six fingers on Netanyahu’s right hand when he briefly raised it during the speech.
The speculation spread further after US conservative commentator, Candace Owens raised questions on X.
News
Tears As Atiku’s Top Aide Dies, Former Vice President Releases Heartfelt Statement
Former Vice President Atiku Abubakar has announced the death of Mr. Ifeanyi Izeze, a pioneering member of his media team.
The development was announced in a statement issued by his media adviser, Paul Ibe, on Sunday.
The statement said Izeze joined Atiku’s media team in 2006, moving from the Aluminium Smelter Company of Nigeria, ALSCON, in Ikot-Abasi, where he served as office manager.
Bringing extensive experience from both journalism and Nigeria’s oil and gas sector, he played a key role in shaping media strategies and campaign policies for Atiku, particularly in the Niger Delta region.
Trained as a geologist at the University of Port Harcourt up to postgraduate level, Izeze later transitioned into journalism, reporting extensively on the oil and gas industry for publications including Sunray, Anchor and NewAge newspapers before joining ALSCON.
Beyond his professional life, Izeze was known for his prodigious sense of humor and devout Christian faith.
He was an ordained preacher in the Christ Embassy denomination and also active in the Pentecostal Fellowship of Nigeria.
He is survived by his children, grandchildren, and his elder brother, Pastor Emeka Izeze, known for his work with The Guardian Newspapers..
The Atiku Media Office expressed condolences to his family, friends, and colleagues, praying for God’s comfort and eternal rest for his soul.
Atiku said: “A man with a prodigious sense of humour and a born-again Christian of the Christ Embassy denomination, Ifeanyi was an ordained preacher of the gospel of Jesus Christ in the Pentecostal Fellowship of Nigeria.
“May God give his family, friends, and colleagues the fortitude to bear his demise.”
I mourn the loss of one of the prominent and pioneer members of my media team, Mr Ifeanyi Izeze.
Ifeanyi joined my media team in 2006, from Aluminium Smelter Company of Nigeria (ALSCON), Ikot-Abasi, as Office Manager. He brought to bear on the work of the media team, at that… pic.twitter.com/XvbrDQwTFu
— Atiku Abubakar (@atiku) March 15, 2026
News
UK-Bound 74-Year-Old Grandpa Arrested With Illicit Drugs At Abuja Airport
Operatives of the National Drug Law Enforcement Agency have arrested a 74-year-old man, Ikwuakalom Emeka, at the Nnamdi Azikiwe International Airport, Abuja, for allegedly attempting to smuggle 11 kilograms of cocaine concealed in food items while travelling to the United Kingdom.
The septuagenarian was apprehended at the departure hall while attempting to board British Airways flight BA082, bound for Heathrow, London, on Saturday, March 14, 2026.
According to a statement released on Sunday by the agency’s spokesman, Femi Babafemi, a search of Emeka’s luggage revealed blocks of cocaine wrapped in foil papers and balloons and concealed inside food items, including ground dry pepper.
“A 74-year-old grandpa, Ikwuakalom Nwakoro Emeka, has been arrested by operatives of the NDLEA at the Nnamdi Azikiwe International Airport, Abuja, after a large consignment of cocaine was discovered in foil papers and balloons concealed in his luggage. The septuagenarian, who claimed he was travelling to London, United Kingdom, for vacation, was arrested at the departure hall while attempting to board British Airways flight BA082 to Heathrow on Saturday, March 14, 2026.
“During a search of his luggage, blocks of cocaine weighing 11 kilograms were discovered concealed inside food items, including ground dry pepper, carefully wrapped in foil papers and balloons,” the statement partly read.
The agency also reported a series of arrests and seizures across other parts of the country.
In Lagos, Babafemi said NDLEA operatives arrested a woman, Maryam Olalowo, at Ikad Hotel and Suites while allegedly attempting to sell 89 grams of cocaine and 20 grams of Canadian Loud, a strain of cannabis. She was with her three children, including an infant, at the time of the arrest.
“In Lagos, NDLEA operatives acting on credible intelligence in the early hours of Monday, March 9, arrested Mrs. Maryam Olalowo at Ikad Hotel and Suites on Etim Inyang Street, Victoria Island, while attempting to sell 89 grams of cocaine and 20 grams of Canadian Loud. She was found with her three children, including an infant, at the time of the arrest. She confessed the illicit drugs belonged to her husband, Ibrahim Olalowo Olatunji, who was later taken into custody the same day while his wife was immediately released.
“Ibrahim confirmed ownership of the illicit drugs in his statement, while further investigation revealed that he had previously been arrested, convicted, and sentenced to two and a half years’ imprisonment for a similar offence in 2015.”
In another Lagos Island operation, NDLEA operatives arrested two suspects, Kalilou Simpara and Saidu Ibrahim, after recovering 68,000 tramadol pills loaded in a truck allegedly meant for transport to Benin. A follow-up raid at Idumota Market led to the arrest of Nnamdi Cyprian, believed to be the owner of the consignment. Officers also recovered a parcel containing 1,000 tramadol tablets prepared for waybill delivery from his shop.
Another raid at the market resulted in the arrest of Nwanosike Kelvin and the recovery of 47,500 ampoules of pentazocine injection.
In separate operations, NDLEA officers arrested Magaji Dan Azumi, 42, with 386 kilograms of skunk in Bebeji, and Isah Wako with 282.2 kilograms of the same substance in Gwagwalada.
In Orhionmwon Local Government Area, operatives raided the Egwa Forest Reserve, arresting Chinedo Odalonu, 33, and destroying 4,218.96 kilograms of skunk on two farms, while recovering 16.5 kilograms.
At Apapa Seaport, NDLEA officers, in collaboration with customs officials, intercepted 339,800 bottles of codeine-based syrup hidden in two containers that had been watch-listed following intelligence reports.
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