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Ataga was Stabbed Multiple Times on the Neck-  Super Network Co-Founder

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late Usifo Ataga, chief executive officer of Super TV
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Mr Raman Obiorah Saliu, co -founder of Super Network Limited (owners of Super TV), has said that a total of seven multiple stabs was found on late Usifo Ataga, chief executive officer of Super TV

Ataga was Stabbed Multiple Times on the Neck-  Super Network Co-Founder

late Usifo Ataga, chief executive officer of Super TV

Saliu stated this as the trial of Chidinma Ojukwu, a 300 level Mass Communication student of the University of Lagos, who is suspected to have killed the CEO of Super TV, continued on Monday at the Lagos High Court sitting at the Tafawa Balewa Square (TBS).

Saliu, who broke down in tears while testifying before Justice Yetunde Adesanya, said apart from the stabs on Ataga’s neck, there was one to the stomach and several on the two sides of the ribs and the left ventricular to the chest.

Led in evidence by Mrs Adenike Oluwafemi, deputy director of Public Prosecution, he testified that the deceased was tied up, on both hands and legs like a ram waiting to be slaughtered.

Saliu, who is also a network engineer, programmer, and developer, testified as the fifth prosecution witness in the case. He told the court that he met the late Usifo Ataga 10 years ago in the course of building the Super TV App.

He explained that he was introduced to Ataga by a friend, Mr Bisi Osuneye, who is also late.

He added that when Ataga came into the project as an investor, he became a co-founder by adding so many ideas and they started working on the project until his demise last year June.

The witness also stated that as Chief Executive Officer of Super TV, Ataga usually convene management meetings on Mondays and Executive (EXCO) meetings on Tuesdays and they sometimes meet virtually using Microsoft link.

Narrating how he came to hear about his death, Saliu said that he got a call from Ataga on Monday 14, June 2021, that he was having stomach pain and he subsequently advised the Super TV boss to take his drugs and get some rest.

He said that much later, he needed to reach Ataga, in relation to some tasks and so he started to call him the next day from about 11am.

Saliu narrated, “I started calling him, he didn’t pick his calls neither did he return my message. I was surprised because the only thing he wants to hear is the billing App, with MTN, which is working now.

“Michael (Ataga) didn’t pick his calls, everybody started reaching out to me because the only way they can get him is through me and the only way they can reach me is through him; he still did not pick up my calls, this was about 3:30pm, on June 15, 2021.

“Then I got a WhatsApp message from him, after reading the message, I said to myself this is not Michael, talking to me. The message read ” I saw your missed call, I took some drugs that made me sleeping.’ The construction of that message was not Michael, because Michael was very fluent in English.

“I knew that was not Micheal’s typing and it was someone else but I sent him a screenshot of the billing system in the Super TV App, that it’s working and his response to me was ok, great, that was when I knew something was happening because Michael will jump, up pick up his phone, and call me immediately. So, I went outside to take fresh air and I started thinking where he could have been now that he is not picking up my calls.

“I called Gambo, he is a driver and personal assistant (PA) to Michael. I asked him, did you receive any call from Micheal? He said no that he has also been calling him too because he needed to pick up his clothes from the laundry that he was traveling with to Abuja.

“Gambo said he got a WhatsApp message, that was between 5 to 6pm, on June 15, 2021, then we started thinking of what could have happened to him. Another of Micheal’s friend, Okwuedo, who lives with us at Victoria Garden City (VGC), also asked of his whereabouts, I told him I got a WhatsApp message from Michael. So, Okwuedo said let him see the message, immediately he saw it, he said this is not Michael’s typing.

“Okwuedo and Gambo went to few places where they thought he could be. So, I went back to the office and on Wednesday 16, June 2021, I asked Gambo if they found him, he said no. I then called his cook at Banana Island, that was when I knew that he left home since Sunday 13, June 2021.

“I was keeping calm because he was going to Abuja on Thursday for his 50th birthday. I told myself that wherever he was, I knew that he would come and meet me, and we would go to the airport, stay with the girls (Michael’s daughters) and his wife for his 50th birthday. They were actually waiting for him; they were planning a surprise birthday party for hi

“So, I started suspecting something was wrong because he was supposed to come to VGC on the 15th, but he didn’t. I had to raise an alarm that I don’t know where Michael was.

“My last WhatsApp message to Michael on June 16, 2021, was at 10:30am and the message read ‘Bro, where are you? I am worried, my BP is rising.” The message was read, no response, I started getting calls from his family wanting to wish him happy 50th birthday.

“Calls started coming in, I did not really know what to say. How can I say I’m looking for a 50-year-old man? To me, it didn’t make any sense. I wanted to go and make a complaint at the VGC police station of a missing person, when at about 6:33 to 6:35am on Thursday, 17 June 2021, I got a call from Mrs Brenda Ataga, who happens to be his wife and the wife said where is Usifo?

“I had to tell her the truth that I have been looking for Michael since Tuesday. She was a bit upset with me that I was looking for someone since on Tuesday and I did nothing about it. I tried to explain to her that I was trying to make a complaint, 10 minutes later she called back and said Michael’s phones were traced to the University of Lagos, UNILAG Guest House.

“I didn’t take my bath; I just grabbed my car key and I started driving to UNILAG. A friend called me, and I told him I was driving to UNILAG. He asked how I knew Usifo was in UNILAG, I mentioned that the information came from Brenda.

“Mrs Brenda Ataga also called me and said there is a team of policemen that will meet me at UNILAG, to conduct the search. I got to UNILAG before them, so I went to the security and told them I was looking for a black Range Rover and they directed me to the guest house.

“The police joined me with two of his friends and staff (member) from my office. Mrs Ataga called me and was giving me the GPS coordinate from where the direction of the phone is. While going through Yaba, I got a call from our GTBank account officer, whom I asked to help me trace Michael’s transactions, so that I can know where exactly he is.

“He told me that Michael made transactions on Sunday and Monday. The Sunday transaction was to a lady Mrs Nkechi Mogbo, the owner of the service apartment (where the deceased was murdered). The account officer also said that the transaction that was made on Monday was to a Sterling Bank with the name Chidinma Ojukwu Adora. The account officer asked me what was happening, I said today is his birthday and I have been looking for him since Tuesday.

“So, I told him that since the owner of the service apartment uses GTB, he should send me her number, and he did. The police said I should give the number to Brenda so that it will not distract from our search of Michael.”

“Only for Brenda to later call and tell me that Michael is dead. I fainted; it took the police to resuscitate me. When I was a bit okay, I called her and asked how? She said she called the number I sent to her, and the owner of the apartment said somebody was murdered that she should show his means of Identification if it was the person we were looking for.

“So, Brenda shared her husband’s picture to the woman and the owner of the service apartment said this person was murdered here and she is on her way to the police station at Maroko, so Brenda asked me to meet Mrs Nkechi Mogbo, at Panti.

“I met her with some of Michael’s friends at Panti, and we went to the scene of the incident where Michael was murdered. I didn’t want to believe that Michael was dead, I saw Michael’s belongings that the police brought out and we were not allowed inside.

“When I got to the mortuary, I saw Michael’s body, Michael was killed like a chicken, I saw a very big cut at the back of his neck. The wickedness, for me, is that the day I was with Michael’s corpse; they were still taking money from his account, that was 17 June 2021, exactly the day he was 50 years old.

“There were subsequent USSD transactions on his account until Brenda and I decided to close the account. I started tracking Chidinma, I started looking at Michael’s calls from 9mobile and MTN, Chidinma was calling him with a WhatsApp number.

“I traced the money that was transferred by Michael to Chidinma’s Sterling Bank and I supplied all the information to the police at Panti. Around 1am, on June 23, 2021, on a Wednesday, I got a message from Panti, that Chidinma has been arrested.

“Michael’s iPhone came with an original Apple pouch, when the police recovered the iPhone from Chidinma, it was replaced with a N1000 pouch; Michael’s laptop was also recovered. There were two iPhones, one iPhone 11 and one iPhone 7 or 8, was also recovered; I was told by the police that she gave the other iPhone to her sister,” Saliu recounted as he broke down in tears.

He further stated that there was a restaurant at Lekki – Angle Villa Restaurant that the deceased made a transaction on June 13.

“I shared the information with Michael’s friends, and they proceeded to Angle Villa, to confirm if a transaction was actually made. They confirmed that Michael came so we requested CCTV footage to know if he went alone, but we discovered that he came with Chidinma.

“The police at Panti took the video and I was surprised to see the CCTV footage all over the social media.”

During cross-examination by the counsel to Chidinma, Onwuka Egwu, the witness said he had no idea who handed the CCTV footage video to the police.

He said that the CCTV footage was trending prior to the arrest of Chidinma.

Justice Adesanya, in her ruling, adjourned until February 17 for the continuation of the trial.


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Tech Firms Sack over 45,000 so Far in 2026

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More than 45,000 jobs have been cut across the global technology sector in the first few months of 2026, according to data from RationalFX, signalling that the industry is still adjusting after a period of aggressive hiring rather than returning to a full growth phase.

Tech Firms Sack over 45,000 so Far in 2026

“In 2025, automation, artificial intelligence, and sustained cost-discipline measures drove much of the downsizing, with entire departments restructured or eliminated in favour of leaner, AI-assisted workflows. This trend has continued full steam into 2026,” said Alan Cohen, analyst at RationalFX.

According to the report, if the current rate of redundancies is sustained, total layoffs in 2026 could surpass the 245,000 recorded in 2025.

The majority of these layoffs have been concentrated in the United States, with major companies continuing to trim their workforce despite stable core operations.

Amazon has announced approximately 16,000 job cuts this year, while Block has also reduced thousands of roles as it tightens operations and shifts focus towards artificial intelligence.

There are indications that further reductions may follow.

Meta is reportedly considering additional layoffs as it increases investment in AI infrastructure, while PayPal and Klarna are reassessing spending and hiring strategies amid ongoing uncertainty.

Established technology firms are also undergoing restructuring. Dell has reduced its workforce by around 11,000 over the past year as part of a broader reorganisation, while Salesforce has cut approximately 1,000 roles in 2026 while aligning its teams more closely with AI-driven products.

Outside the United States, layoffs have been smaller in scale but more geographically dispersed.

Australia has reported around 2,650 job cuts so far this year, followed by Sweden with roughly 1,923 and Netherlands with about 1,700.

Other markets have also been affected. Israel and India have recorded approximately 1,539 and 1,520 layoffs respectively, with Israel’s startup ecosystem particularly sensitive to tighter funding conditions, while in India, both startups and larger IT firms have reduced headcount as global client spending slows.

In Singapore, around 1,016 layoffs have been reported, reflecting a softer hiring environment across Asia’s major technology hubs, where companies are adopting a more cautious approach amid uneven demand.

Across Europe, job cuts have been comparatively limited but still noticeable.

The United Kingdom has recorded around 1,000 layoffs, while Czech Republic and Germany have seen smaller reductions.

The broader trend suggests that technology companies are shifting towards leaner operations and more defined priorities following years of expansion. Increasing investment in automation and artificial intelligence is also reshaping the types of roles in demand.

For employees, the impact is becoming increasingly visible, with hiring slowing and becoming more selective. While opportunities remain, companies are taking a more measured approach to recruitment compared to the rapid expansion seen in previous years.

 

Further credit… .storyboard18.com

 


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Jury Finds Elon Musk Liable for Misleading Twitter Investors

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Elon Musk, a billionaire internet entrepreneur, was held responsible by a federal jury in San Francisco for deceiving Twitter shareholders during his contentious $44 billion takeover of the social media site.

Jury Finds Elon Musk Liable for Misleading Twitter Investors

Elon Musk

Following a three-week trial in a federal court in California, the verdict was handed out on Friday.

It found that Musk had made false and misleading representations in tweets that were posted in May 2022.

The jury concluded that at a crucial point in the purchase process, these remarks caused Twitter’s share price to decline.

Investor Giuseppe Pampena filed the action on behalf of stockholders who sold their Twitter stock between mid-May and early October 2022, a time when Musk’s commitment to closing the purchase was questionable.

Jurors determined that Musk violated US securities laws prohibiting deceptive statements capable of influencing market prices.

Legal representatives for the plaintiffs estimate potential damages at approximately $2.6 billion, exposing Musk to a significant financial penalty if the ruling is upheld.

In order to give Musk leverage to renegotiate the purchase price or back out of the transaction, plaintiffs contended that the statements were meant to lower Twitter’s valuation.

Musk finished the transaction in October 2022 after Twitter filed a lawsuit to enforce the arrangement, despite early attempts to end it. Later, he changed the platform’s name to X.

The ruling has been disputed by Musk’s legal team, which has confirmed plans to appeal and described it as a temporary setback.

For Musk, who has won a number of well-known court cases, the decision represents a rare setback.

Meanwhile, he was cleared in a separate defamation case in Texas and had also won a similar shareholder lawsuit in 2023 related to his 2018 tweets about taking Tesla private.


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SEC, NYSC Partner to Combat Ponzi Schemes

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Securities and Exchange Commission (SEC) and the National Youth Service Corps (NYSC) have formalised a strategic partnership aimed at embedding financial literacy and anti-Ponzi education into the national service programme.

SEC, NYSC Partner to Combat Ponzi Schemes

This is in a move to shield young Nigerians from the growing menace of fraudulent investment schemes.

The collaboration, sealed through a Memorandum of Understanding (MoU) signed in Abuja, marks a significant step toward strengthening investor education at the grassroots level by targeting thousands of corps members annually.

The agreement was executed by Emomotimi Agama, director-general, SEC, and Olakunle Oluseye Nafiu, his NYSC counterpart, at the NYSC headquarters.

At the heart of the initiative is the integration of anti-Ponzi scheme campaigns into the NYSC’s Community Development Service (CDS), specifically under its Education and Enlightenment arm.

The move is designed not only to educate corps members on identifying fraudulent investment schemes but also to cultivate a culture of responsible and informed investing among Nigeria’s youth population.

Under the terms of the agreement, the SEC will spearhead the development of comprehensive educational materials and training modules covering capital market operations, safe investment practices, and strategies for identifying and avoiding Ponzi schemes.

The Commission will also fund and facilitate specialised training sessions for selected corps members and NYSC officials, who will, in turn, serve as facilitators within their host communities.

The NYSC, on its part, will ensure the seamless integration of these training modules into its existing CDS framework. This will include structured workshops, sensitisation campaigns during orientation camps, and continuous engagement throughout the service year.

By leveraging its nationwide presence across all local government areas, the scheme is expected to amplify awareness and significantly reduce the vulnerability of young Nigerians to financial fraud.

Both institutions also pledged to collaborate on extensive public awareness campaigns using a blend of traditional media, digital platforms, and grassroots outreach initiatives.

In addition, mechanisms will be established for data sharing and performance tracking to assess the impact and effectiveness of the programme over time.

Speaking at the signing ceremony, Agama underscored the SEC’s longstanding commitment to youth development through the NYSC scheme.

He revealed that the Commission currently hosts between 160 and 180 corps members, one of the highest among public institutions in the country.

“We have consistently demonstrated our belief in the capacity of young Nigerians by providing them with opportunities to learn and grow within the capital market ecosystem.

“These corps members are not just participants; we regard them as integral members of our workforce. By equipping them with the right knowledge and values, we are preparing them to become ambassadors of sound investment practices in society,” he said.

Agama further emphasised that the initiative aligns with the Commission’s broader mandate of investor protection and market development, noting that early education remains a critical tool in combating financial scams.

In his remarks, Nafiu described the partnership as a milestone achievement and a key performance indicator for both organisations.

He commended the SEC for its proactive role in promoting trust and participation in Nigeria’s capital market, noting that the collaboration would have far-reaching benefits for the nation.

“It is important to catch them young,” he said, referring to corps members. “By instilling the right financial habits at this stage, we can prevent them from falling prey to Ponzi schemes and other fraudulent ventures.”

He assured that the NYSC would remain fully committed to implementing the agreement, adding that the execution phase would be carried out diligently to ensure maximum impact on Nigerian society.

The initiative comes at a time when Nigeria continues to grapple with the proliferation of Ponzi schemes and unregulated investment platforms, many of which have resulted in significant financial losses for unsuspecting citizens.

 


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