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Good morning! Here Are Some Major News Headlines In The Newspapers Today: CBN prohibits use of foreign currency collateral for Naira loans

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1. The Central Bank of Nigeria, CBN, has prohibited the use of foreign currency, FCY as collateral for Naira loans. This directive, contained in a circular by Acting Director of the Banking Supervision Department, Adetona S. Adedeji, represents a significant shift in the CBN’s approach to loan collateralization.

 

2. Sultan of Sokoto, His Eminence, Alh. Muhammad Sa’ad Abubakar, has declared Wednesday as Eid-il-fitr. A statement on Monday by the Deputy Secretary General of NSCIA, Prof Salisu Shehu said fasting continues on Tuesday.

3. Federal Capital Territory, FCT, Minister Nyesom Wike on Monday shut down the International Conference Centre, ICC, for eight months for lack of maintenance. The minister, who announced this after inspecting the facility, cancelled all events and activities booked at the venue.

 

4. A notorious bandit who terrorized sections of Katsina and Zamfara states has reportedly been killed by a rival gang. Reliable sources from Batsari local government of Katsina State told Daily Trust that the bandit known as Dangote was killed in the early hours of Sunday.

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5. The Economic and Financial Crimes Commission, EFCC, says it has recovered N30 billion in the alleged money laundering case against the suspended Minister of Humanitarian Affairs, Betta Edu, and the ministry. It also revealed that 50 bank accounts were currently being investigated.

 

6. UAE carrier, Emirates, is expected to resume its flights to Nigeria in June this year, the federal government has hinted. This is coming almost two years after the airline suspended flights to Nigeria over issues bothering on trapped funds, among others.

 

7. The Edo State House of Assembly on Monday impeached the embattled state deputy governor, Philip Shaibu following the adoption of the report of the seven-man investigative panel set up by the state Chief Judge to probe allegations of misconduct against him.

 

8. A Federal High Court in Abuja has stopped a former Chairman of the Peoples Democratic Party, PDP, Uche Secondus, from participating in the party’s meetings pending the determination of a motion on notice. Also, the National Chairman, the Secretary of the Party, the National Executive Council, and the Board of Trustees were ordered not to allow Secondus to attend any of its meetings until the suit is determined.

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9. Gunmen dressed in army uniform reportedly abducted a popular ex-militant leader, High Chief Sobomabo Jackrich, aka Egberipapa, from his Usokun country home in Degema Local Government Area of Rivers State. Sources said the gunmen stormed his home around 3:00 am on Monday, killed two of his lieutenants and took him away to an unknown place.

 

10. The Lagos State Special Offences Court in Ikeja, on Monday, sent back the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele, to the custody of the Economic and Financial Crimes Commission. Justice Rahman Oshodi made the remand order shortly after the anti-graft agency arraigned Emefiele on 23 counts bordering on “abuse of office, accepting gratifications, corrupt demand, among others.

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NDLEA arrests South African woman with drug shipments, seizes large consignment of drugs at Lagos airport

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The National Drug Law Enforcement Agency (NDLEA) says its operatives have arrested a South African, Gebashe Sithandiwe Jessie, with 30 parcels of Thai Loud, a strain of cannabis, weighing 32.74 kilogrammes, at the Port Harcourt International Airport, Omagwa, Rivers State.

According to a statement issued on Sunday by the NDLEA Director of Media and Advocacy, Femi Babafemi, the drugs were concealed in two travelling bags.

The statement added that the suspect travelled from Thailand through Doha aboard Qatar Airways flight QR1431.

“She confessed to having previously trafficked through other African countries, and was expanding her route to Port Harcourt when she was caught.”

Similarly, NDLEA operatives at the import shed of the Murtala Muhammed International Airport, Ikeja, Lagos, intercepted a shipment of 354,000 tablets of Tapentadol 250mg weighing 307.20kg from Pakistan.

Babafemi said the consignment arrived aboard a Royal Air Maroc flight on September 29 and was placed under surveillance before a joint examination on Tuesday, October 6, uncovered the drugs in nine cartons.

In a separate operation at the Lagos airport, NDLEA officers intercepted 70 parcels of Colorado, a synthetic cannabinoid, weighing 75.90kg in six Ghana-Must-Go bags contained in a consolidated cargo from the United Kingdom.

The statement said the shipment was monitored after arriving on September 29.

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A clearing agent, John Edrah, 54, was arrested on September 30, while an Uber driver, Taofiq Ajibola, 54, was apprehended while collecting one of the bags at a logistics company in Mafoluku, Oshodi.

The agency said Adetunji Adebayo and Kazeem Damola Dosunmu, 48, a clothing trader, were subsequently arrested when they came to collect the remaining five bags.

According to Babafemi, Ajibola said the drugs were sent by a UK-based associate, Lukman Sa’idu, while Dosunmu claimed his consignment came from another UK-based man identified as Yusuf.

In Cross River State, NDLEA operatives arrested 46-year-old Adama Inuwa at Iyala Nkun village, Ikom Local Government Area, on Sunday, October 4, following surveillance.

Babafemi said the operation led to the recovery of 181 bags of cannabis sativa weighing 1,100kg and 17.15kg of cannabis seeds.

In Edo State, officers intercepted a black Toyota Camry conveying 1,049 blocks of compressed cannabis weighing 702.83kg at Otuo, Owan East Local Government Area, on Monday, October 5.

The agency said Monday Orji, 52; Monday Lawal, 40; and Precious Uduegele, 20, were arrested in connection with the seizure.

In a separate raid at Asoro, off Sakponba Road, Benin City, operatives arrested 26-year-old Ojugo Mercy with 989 grammes of Loud, 13 grammes of Colorado and 83 grammes of methamphetamine.

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In Ondo State, a 21-year-old suspect, Happy Endurance, was arrested at her hideout in the Shasha area of Akure on October 5, with 29 bags of cannabis weighing 290kg.

The statement added that a separate raid on an apartment at Oba-Ile, Akure, on the same day led to the arrest of 42-year-old Tunde Adebayo, with 35 bags of cannabis weighing 351kg.

In Taraba State, NDLEA operatives, supported by soldiers, arrested Abdulrasheed Mohamed, 31, and Abubakar Saidu, 37, at Chanchanji village, Wukari Local Government Area, on Friday, October 9.

Babafemi said the suspects were found with 166,200 tablets of tramadol 225mg weighing 107kg.

In Kano State, a stop-and-search operation along the Kano-Maiduguri Road on October 9 led to the arrest of 32-year-old Yahaya Musa with 24,990 capsules of tramadol, 50,000 tablets of diazepam and 22,000 tablets of Exol-5.

In Kaduna State, operatives on patrol along the Zaria-Kaduna Expressway arrested 29-year-old Mohammed Musa with 31 jumbo bags and 775 blocks of skunk weighing a combined 1,027kg.

The agency also arrested Musbau Balogun Adekunle in Orile, Lagos, on Tuesday, October 6, with 32.51kg of skunk and 52.65kg of cannabis seeds, bringing the total seizure to 85.16kg.

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In Plateau State, NDLEA operatives raided the residence of 45-year-old Christian Chukwudi Uju at Rukuba Road, Jos, on Thursday, October 8, recovering methamphetamine, firearms and ammunition.

According to the statement, the items seized included 47 grammes of methamphetamine, two pump-action rifles, one locally made gun, 199 live cartridges, five rounds of 7.62mm ammunition and one round of 9mm ammunition.

The agency said its War Against Drug Abuse sensitisation campaign also continued across the country, with lectures delivered to students and staff of schools in Oyo, Ebonyi, Niger, Kano, Lagos and Ogun states.

Among the institutions reached were Progressive Grammar School, Tede, Oyo State; Eghugo Technical College, Afikpo, Ebonyi State; Baptist High School, Lambata, Niger State; and Ipara Senior and Junior Community Secondary School, Badagry, Lagos State.

Commending officers involved in the operations, NDLEA Chairman and Chief Executive Officer, Brig. Gen. Mohamed Buba Marwa (retd.), praised personnel of the Lagos, MMIA, PHIA, Taraba, Kano, Kaduna, Edo, Cross River, Ondo and Plateau Commands.

Babafemi said Marwa commended the officers “for their professionalism and intelligence-driven approach to the various successful operations” and urged them “to continue with the current balanced approach to the drug control efforts of the Agency.”

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NDLEA arrests 83-year-old ex-convict with Colorado, meth in Abia

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Operatives of the National Drug Law Enforcement Agency have rearrested an 83-year-old grandmother, Uloma Uchechi Sunday, with consignments of methamphetamine and Colorado.

The arrest comes barely a year after the grandmother was convicted of drug-related offences.

Uloma was first arrested on May 17, 2025, alongside her 32-year-old daughter, Chisom Uchechi, at the same residence.

This was disclosed in a statement issued on Sunday by the NDLEA Director of Media and Advocacy, Femi Babafemi.

According to Babafemi, the octogenarian was arrested on Wednesday, October 7, at her residence in Ite-Uzo, Umuaguma, Obingwa Local Government Area of Abia State, with the substances allegedly tied around her waist with a wrapper.

Her arrest followed credible intelligence indicating that she operated a notorious drug joint allegedly harbouring criminal elements terrorising the community.

During her first arrest in May, operatives recovered 50 grammes of methamphetamine, 522 grammes of skunk, 260 grammes of fresh cannabis leaves and 12 grammes of tramadol from the Uloma and her daughter.

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According to the statement, “Both pleaded guilty and were sentenced to 12 months’ imprisonment or a fine of N200,000 each. They paid the fine and were released by the court”

The NDLEA spokesman alleged that the elderly woman returned to the illicit drug trade after her release.

“Undeterred, the notorious old woman promptly returned to the criminal trade and escalated the scale by setting up a drug joint where she harbours dangerous characters,” the statement added.

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Varsity lecturer dies after sex romp  with prostitute in hotel room

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A senior lecturer at the Edo State-owned Ambrose Alli University, Ekpoma, identified as Dr. Matthew Uwuigbe, has repeatedly died in a hotel room after an alleged sexual encounter with a 21-year-old commercial sex worker, identified as Angela Defa Jacob.

The incident, according to a report by Punch online, happened on Sunday at a hotel in the Mosco area of Ekpoma, Esan West Local Government Area of Edo State.

It was gathered that the lecturer had checked into the hotel with the sex worker and died moments after the romp.

Spokesperson for the Edo State Police Command, Eno Ikoedem, who confirmed the incident, said three persons have been arrested in connection with the incident.

She said, “On October 5, 2026, at about 8 pm, the command received a report that Matthew Uwuigbe, a lecturer at Ambrose Alli University, Ekpoma, had lodged at a hotel in Ekpoma and engaged the services of a 21-year-old sex worker, Angela Defa Jacob.

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“He subsequently sent the woman to purchase water for him, and upon her return, she found him lying dead in the room.”

Ikoedem said the hotel owner, the manager and the sex worker are currently in custody while investigation continues. The corpse, she added, has been deposited at the Oriaifo Memorial Hospital mortuary.

The university’s Public Relations Officer, Otunba Mike Ade Aladenika, confirmed that Uwuigbe is a staff member of the institution, but said the incident occurred outside the campus.

“We are not denying that he is our staff, but whatever he did and what happened, it is his private life. The girl in question is not our student, and everything happened outside our institution,” he told the News outlet.

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