General News
Military Arrests Abductor of Chibok Girls
The military announced, yesterday, that it has arrested one of the sect’s leaders, who was one of the abductors of the more than 200 schoolgirls in Chibok, Borno State.
This is coming almost three months after Boko Haram terrorists abducted the schoolgirls and on a day the sect members bombed a Divisional Police Headquarters in Shani Local Government Area of Borno State and also attacked an emir’s palace.
The alleged abductor of the Chibok girls, whose name was given as Babuji Ya’ari, was also said to have led the attack in which the Emir of Gwoza, Alh. Idriss Timta, was killed a few weeks ago.
Maj. Gen. Chris Olukolade, director of Defence Information, disclosed in a statement issued in Abuja, yesterday, that Ya’ari doubled as member of the Youth Vigilante Group, popularly known as Civilian JTF.
According to the Defence spokesman, the Boko Haram kingpin used his membership of the civilian JTF only as a cover, as he has been coordinating deadly attacks in Borno State since 2011.
He added that the arrest of Ya’ari led to the arrest of several other Boko Haram intelligence cell members. Olukolade said that those arrested had confessed their involvement with the deadly sect and named several others who were being trailed.
The full text reads: “A terrorists’ intelligence cell headed by a businessman, who participated actively in the abduction of School Girls in Chibok has been busted by troops. The man, Babuji Ya’ari, who is also a member of the Youth Vigilante Group popularly known as Civilian JTF which he uses as cover while remaining an active terrorist, also spearheaded the murder of the Emir of Gwoza. His main role in the group is to spy and gather information for the terrorist group.
“Babuji has been coordinating several deadly attacks in Maiduguri since 2011, including the daring attacks on Customs and military locations as well as the planting of IEDs in several locations in the town.
“The arrest of the businessman, who is known to deal in tricycles has also yielded some vital information and facilitated the arrest of other members of the terrorists’ intelligence cell who are women. One of them, Hafsat Bako had earlier escaped to Gombe State to avoid suspicion but was tracked and arrested. Prior to her arrest, Hafsat coordinated the payment of other operatives on the payroll of the group. In her confession, she disclosed that a minimum of N10,000 is paid to each operative depending on the enormity of his task.
“Another female suspect named Haj Kaka, who doubles as an armourer and a spy for the terrorist group has also been arrested. Until their arrest, all the suspects actively operated a terrorists’ intelligence cell in collaboration with others still at large.
“In another development, troops deployed in Goniri, Yobe State, over the weekend, had an encounter with terrorists, resulting in casualties on both sides after the attack was successfully repelled”.
Economic and Financial Crimes Commission (EFCC), has detained Tunde Ayeni, former chairman of defunct Skye Bank Plc, for alleged fraud involving N36.5 billion and $30 million.
Tunde Ayeni, former chairman of defunct Skye Bank Plc,
This follows the probe of alleged diversion of N36.5 billion and $30 million secured as loans from Polaris Bank Plc through companies linked to Ayeni.
He was arrested by EFCC operatives in Abuja on April 23, 2026, and is still been held in custody as at the time of filling the report.
Dele Oyewale, spokesperson, EFCC, confirmed the arrest on Friday but declined to provide further details.
Ayeni is under investigation for diverting funds obtained for marine security, electricity distribution, and real estate projects into other unknown projects.
Investigators allege the loans were instead channelled into telecom investments tied to NITEL/MTEL assets via a NATCOM account.
About 12 firms believed to be connected to Ayeni are also under investigation for their role in securing the loans.
The EFCC is expected to file charges once the investigation is concluded.
Summit Household Solutions Limited has opened its ultra-modern manufacturing facility in Ota, Ogun State, as part of its efforts to scale production of home and personal care products in Nigeria.
The plant, which started operations in April 2025, produces items such as dishwashing liquids, handwash, sanitisers and multipurpose liquid soaps, with an annual capacity estimated at 7,000 tonnes.
Commissioning the facility on behalf of Governor Dapo Abiodun, the Permanent Secretary, Ministry of Commerce, Trade and Investment, Mr Kehinde Akintomide, said the investment reflects growing confidence in Ogun State’s business environment.
He noted that the state hosts over 6,000 manufacturing firms and described the development as consistent with ongoing efforts to promote industrialisation, attract investment and reduce reliance on imports under the Federal Government’s Renewed Hope initiative.
Akintomide disclosed that the factory has already employed more than 50 Nigerians, with projections to exceed 250 jobs as operations expand.
In his remarks, the General Manager of the company, Mr Sadiq Ali, said the facility represents a major step in Summit’s growth plans, adding that its flagship brand, 2Sure, currently leads production at the plant.
He also revealed that the company is preparing to introduce new home and personal care products later this year.
Summit Household Solutions manufactures the 2Sure brand and has expanded into the personal care segment with Lewar, a premium beauty soap line positioned for quality and affordability.
Among dignitaries present were the Onikotun of Otun, Ota, Oba Abdulakeem Odunaro, representing the Olota of Ota, Prof. Adeyemi Abdulkabir Obalanlege; the Agba Akin of Ota, Chief Dada Olusola; Director of Investment, Ms Yemisi Folarin; Director of Industrial Promotion, Mr Femi Adeboye; former Managing Director of 7Up Bottling Company, Mr Ziad Maalouf; and the Chief Executive Officer of OmniRetail, Mr Deepanker Rustagi.
Speaking at the event, Maalouf, who conceived the 2Sure brand during his time at 7Up Bottling Company, expressed satisfaction with its growth and commended Summit Solutions Limited for advancing the brand.
The special guests were conducted around the facility, and the programme was concluded with a luncheon.
The administration of Donald Trump has frozen $344 million in cryptocurrency allegedly linked to Iran, marking a sharp escalation in financial pressure on Tehran.
The move comes amid stalled diplomatic efforts and a fragile ceasefire in the region.
U.S. Treasury Secretary Scott Bessent confirmed that authorities are sanctioning multiple crypto wallets tied to Iran. “We will follow the money that Tehran is desperately attempting to move outside of the country and target all financial lifelines tied to the regime,” he said.
Tether, which facilitated the transactions, said it worked with U.S. authorities to freeze the funds across two wallet addresses after receiving intelligence linked to unlawful activity.
A U.S. official said blockchain analysis revealed “material links” to the Iranian regime, including transactions routed through intermediary addresses connected to wallets associated with the Central Bank of Iran.
Responding to the development, Tether CEO Paolo Ardoino said the company does not tolerate illicit use of its stablecoin. “USD₮ is not a safe haven for illegal activity. When there is credible linkage to sanctioned entities or criminal networks, we act immediately,” he stated.
The crackdown underscores the growing reliance of sanctioned states on digital assets to bypass traditional banking restrictions. Data from Chainalysis shows Iran’s cryptocurrency holdings reached $7.8 billion in 2025, with the Islamic Revolutionary Guard Corps reportedly controlling about half.
Analysts say while the freeze is significant, Iran has historically adapted to sanctions. Daniel Tannebaum of the Atlantic Council noted that targeting third-party actors enabling such transactions may be key to increasing pressure.
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