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My boys and I are not ritualists, says billionaire Obi Cubana

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OBI CUBANA

 

Popular business mogul and nightlife boss, Obi Cubana, has refuted insinuations that his allies and associates are products of money ritual.

The most talked-about socialite explained that his “boys” as he described friends and associates are hardworking businessmen, thriving in their various endeavours.

The recent burial ceremony of the business mogul’s mum, which took place over the weekend in Oba, Anambra State, witnessed a top display of affluence as allies and associates of Obi Cubana were deeply involved in money splash of different curriencies.

A great show of affluence that resulted in topic of discourse among Nigerians of various age grades, leading many to insinuate that only ritualists can throw money around the way they did at the funeral of the socialite’s mum.

However, reacting to the insinuations, Obi Cubana insisted that his friends and allies made their money the legal, right way as he noted he had helped several of them become billionaires which is something he takes pleasure doing.

According to Obi Cubana, critics are there to serve a purpose in one’s life however, when convinced about doing and being on the right track; never get swayed by what they say.

The Cubana Group Chairman made the clarification in a lengthy statement titled: “Obi Cubana speaks” which was posted by Joe Igbokwe, a chieftain of the All Progressives Congress, APC, via his Facebook page.

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He said:”I want to state this clearly, I am not the talking type or Social media interest free person”

“Many have questioned the type of boys and friends I have, to me, I hardly address anyone as my boy because we are all boys to God Almighty.

“I don’t have any boy who is into rituals, if you are my boy or my man because I like to address my boys as my men, it means you are working hard and you made your money in a clean way.

“In 2013, I pushed 53 uneducated Oba boys into the market to learn trading. In 2017, I withdrew all of them from their Ogas and settled all of them with N3 million each and paid for their shops.

“I linked 40 of them into importation and made them use my name and platform to import goods into the country. After two years, I checked on them how they were doing and found out some had issues and I supported them again to stand.

“I am happy today that out of the 53 men, 38 are billionaires while the rest are in the level of a millionaire.

“In 2018, I took 100 educated men out of streets and introduced them to the white men for business and today there are billionaires in dollars.

“They also help me in their capacity when I require their help. All their friends both Nigeria and outside patronises me.

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“I am into hotel and club business and I have so many businesses I am brand ambassadors too. I have alliance with spirit drinks and wines, I am brand to many businesses in the world.

“It gives me joy to see my men do well, none of my hotel managers in Nigeria can small poverty, I encourage them to raise others from their local communities. I have never sacked a worker due to misconduct, I bring you in and speak to you the way you will understand.

“I have this understanding that we should allow the stubborn people to exist and cool headed people to exist and we make use of them when their need arises.

“I don’t believe in the supremacy of power rather I believe in the fair share of power and authority and allow everyone to feel belonged.

“I have many uncountable people through my hotel business, I have encouraged many, I have made a lot of friends millionaires and billionaires because it gives me joy.

READ ALSO: Obi Cubana: My late mum requesting for re-burial – Victor Osuagwu
“Seeing them throw money around gives me happiness and they know, so anytime they are with me, they show such attitude of throwing money to please me.

“Yes, I will gift 1 million to 300 Oba boys to start up business and link them up too to make it.

“I have a lot of friends and associates and we are like brothers to each other. We love and encourage one another in good and bad as you have seen in my case that all of them came massively to support me.

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“Critics is normal and they are there to say what they want to say but when you are doing the right thing, you don’t listen to what people say. If I have my way, I will also help those criticising me.

“A lot of non Obas will still benefit from me because I am still in the business of making people great.

“Cubana Chief priest is my man and he is a jolly fellow. People mistake him for me, I am Obi Cubana and he is my Chief priest I hope you understand it now.

“I am not into politics and I don’t have interest in it till tomorrow. I respect those in politics because they carry power. Lol hahaha.

“My advice is they should identify talents and make them great, don’t have any fear of who betrays you tomorrow, just make men and move, if they remember good if not be happy that they made it through you.

“I didn’t ask my boys/men for donations or help, I didn’t also ask my friends for help or donations they did that on their own and I appreciate their efforts.

“Gradually ala Igbo ga adinma.”

 

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Yahoo boy jailed seven years for defrauding American $205,238

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A Federal Capital Territory High Court in Abuja has sentenced one Nwachi Chidozie Kingsley to seven years’ imprisonment for defrauding an American woman, Nicole Kierulff Sayers, of $205,238 under false pretence.

According to a statement issued on Thursday by Dele Oyewale, head,  media & publicity of the Economic and Financial Crimes Commission (EFCC),
Justice U.P. Kekemeke of the FCT High Court, Maitama, in his judgement, also also ordered Kingsley to refund the victim the full amount.

The EFCC said Kingsley was sentenced to seven years on each of the two counts against him, with the sentences to run concurrently at the Kuje Correctional Centre, Abuja, without an option of fine.

The charges bordered on possession of a document containing false pretence and obtaining money by false pretence in connection with a purported contract with the Federal Ministry of Works and Housing.

According to the Commission, one of the charges accused Kingsley of possessing a fake notice of intent to award a contract allegedly issued in his name by the ministry. The second count accused him of obtaining $205,238 from Sayers by falsely claiming that the money was needed to finance a government contract.

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Testifying before the court, Sayers, an American lawyer based in Oregon, United States, said Kingsley first contacted her through Facebook on her birthday.

“I know the defendant. The defendant messaged me on Facebook on my birthday and he said he was a member of the same spiritual organization as me,” she told the court.

Sayers said their conversations later developed into a romantic relationship, which made her trust Kingsley and believe his claims.

According to her testimony, Kingsley subsequently requested money to facilitate the award of a contract by the Federal Ministry of Works and Housing. She said he claimed that some men were threatening his life because he had not provided the money required to secure the contract.

The witness told the court that Kingsley supplied her with details of the purported contract, including a logo and other information, which she believed because of the emotional attachment she had developed towards him.

She said his initial request was for $15,000, which he promised to repay within 45 days. She transferred the money through a money transfer application.

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Sayers further testified that Kingsley later introduced her to members of his family during a video call, during which they allegedly thanked her for helping him secure the purported contract.

She said she had transferred approximately $40,000 to him before travelling to Nigeria to meet him in person.

According to the witness, she arrived in Abuja in March 2022 and spent two weeks with Kingsley at his rented house in Sun City, Abuja. She said she continued the relationship because she wanted to recover her money.

Sayers alleged that Kingsley subsequently requested additional funds for various purposes, including medical emergencies, surgeries, malaria treatment and supplies for the purported government contract.

She told the court that the requests involved more than 125 transactions and that, by her estimate, she transferred well over $200,000 to him within 12 months.

The witness also said Kingsley presented a document he claimed showed that he had attempted to transfer $10,000 to her.

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According to her, he claimed that the bank had intercepted the transaction because the money was allegedly linked to the misappropriation of government funds, which he said had led to his arrest and detention.

Sayers further alleged that Kingsley asked her to provide money for his bail and for bribes connected to the purported criminal case.

She told the court that she repeatedly demanded a refund, adding that Kingsley eventually requested her bank details and promised to transfer the money the following day but failed to do so.

She said she later realised that he would not repay the money.

At the conclusion of the prosecution’s case, EFCC counsel, Fatsuma Muhammad, urged the court to convict and sentence Kingsley in accordance with the law.

In his judgment, Justice Kekemeke found Kingsley guilty on the two counts and imposed the prison terms without an option of fine. The court also ordered him to restitute the $205,238 to Sayers.

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Nigerian on US Most Wanted List over $1m fraud

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The United States Department of Labour has named a Nigerian, Onoriode Ezewu, on the Most Wanted List over allegations of money laundering involving fraudulent unemployment benefit claims worth more than $1m.

The department’s Office of Inspector General unveiled the list on its website on Wednesday, naming 16 fugitives wanted in cases involving alleged fraud, identity theft, money laundering, labour trafficking and other offences.

According to the agency, the cases collectively involve more than $55m allegedly stolen from American taxpayers.

Ezewu’s profile on the department’s website identifies him as wanted for concealment money laundering and states that he is believed to be residing in Nigeria.

“In January 2021, Ezewu was charged with 15 counts of concealment money laundering tied to fraudulent UI and Pandemic Unemployment Assistance claims filed using stolen identities, in a scheme exceeding $1 million that also touched SBA’s Economic Injury Disaster Loan program.

“Following his arrest and initial appearance, Ezewu violated the conditions of his pre-trial release and an arrest warrant was issued,” the department said.

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Announcing the list, the US Department of Labour’s Inspector General, Anthony P. D’Esposito, said the initiative was intended to intensify efforts to locate the fugitives and recover money allegedly stolen from taxpayers.

“Today we are introducing our first-ever Most Wanted List, targeting 16 fraudsters who stole more than $55 million from hardworking American taxpayers,” D’Esposito said.

He added that the agency was working with the White House Fraud Task Force to locate those listed and account for the money involved.

“In partnership with the White House Fraud Task Force, we are using every resource possible and will not stop until every one of these criminals is in handcuffs and every stolen dollar is accounted for. No more excuses. No more hiding. The hunt is on,” he added.

The department said the list was intended to mobilise members of the public, the media, online platforms and international partners to help locate the fugitives.

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It also announced the arrest of another person on the list, Leslie Kaciban, in Hungary. Kaciban is awaiting extradition to the United States over an alleged labour racketeering scheme involving approximately `$4m in illegal kickbacks.

The department urged anyone with information about suspected wrongdoing involving its programmes or operations to contact its Office of Inspector General.

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Four killed, many others injured as container truck falls on bus in Lagos

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Four people have reportedly died and 16 others injured after a container truck fell on a Toyota Hiace bus on Berger Bridge along the Ibeju-Lekki Expressway in Lagos State.

According to the Lagos State Emergency Management Agency (LASEMA), the accident occurred in the early hours of Wednesday, October 28, 2026, inward Eleko, after an articulated truck carrying a 20-foot container collided with the bus, registered as GME-589 ZU.

The agency said preliminary findings indicated that the truck was travelling uphill at excessive speed when it encountered the bus. The driver reportedly lost control while attempting to avoid a collision, causing the truck and its container to fall on the vehicle.

“The impact was severe and tragically resulted in the loss of four (4) adult males who were confirmed dead at the scene, while sixteen (16) other adult males sustained varying degrees of injuries,” LASEMA said.

The agency reportedly dispatched its Beta Whales Team from the Epe Base after receiving a distress call. The team worked with the Federal Road Safety Corps (FRSC) and the Nigeria Police Force to secure the scene and assist the victims.

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The injured passengers were given first aid before being transported to Epe General Hospital for further treatment.

LASEMA said a private crane had been secured to lift the overturned truck and container to enable responders to safely recover the bodies of the deceased. The recovery operation was ongoing, while traffic management measures were introduced along the affected stretch of road.

The Lagos State Government expressed its condolences to the families of the deceased and wished the injured victims a speedy recovery.

Meanwhile, in separate incidents on Wednesday, emergency responders also attended to two other road crashes in Agege and Igando.

In Agege, a truck rammed into a solar-powered streetlight pole near Vetland School, inward Pen Cinema, along Old Abeokuta Road, before mounting the road median and obstructing traffic.

LASEMA attributed the incident to reckless driving. No casualties were recorded, although the truck and streetlight pole were damaged.

The agency diverted traffic while recovery operations were carried out. Its heavy-duty recovery equipment was used to remove the truck, which was taken to Abattoir Police Station for investigation and safekeeping. The road was subsequently cleared and reopened.

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In Igando, a DAF truck collided with a Toyota Corolla at Lanre Bus Stop along LASU-Igando Road.

LASEMA said preliminary information indicated that traffic had built up because of a broken-down truck on the opposite side of the road. The DAF truck was reportedly driving against traffic when it collided with the Corolla.

The crash obstructed part of the road inward Igando. The Corolla driver sustained a minor head injury and was taken to Igando General Hospital by an associate. No deaths were reported.

The Corolla was towed to Igando Police Station, while LASEMA deployed its heavy-duty recovery equipment to move the DAF truck to a lay-by and restore traffic flow. The operation was still ongoing at the time of the report.

The Lagos State Government reiterated its commitment to protecting lives and property through emergency response operations and commended LASEMA and the other agencies involved in handling the incidents.

LASEMA also advised motorists to observe speed limits, avoid driving against traffic, refrain from reckless manoeuvres and ensure their vehicles are mechanically sound before travelling. Residents were urged to report emergencies through the state’s toll-free lines.

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