EFCC chairman’s account hacked by 17-year-old hacker with impressive IT skills

Ola Olukoyede, Chairman of the Economic and Financial Crimes Commission, has narrated an incident where a 17-year-old successfully hacked into his personal computer and bank account while being interrogated at his office in Lagos. The anti-graft agency chairman made this known at the EFCC Headquarters, Jabi, Abuja, last Tuesday. Olukoyede recounted inviting the 17-year-old for questioning at his own office, only to witness the young hacker effortlessly bypass the security measures of his locked computer right before his eyes. He said, “I brought into my Lagos office a seventeen-year-old boy…

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Fidelity Bank records a 120.1% growth in PBT to N39.5bn in Q1 2024

In line with its upward growth trajectory, leading financial institution, Fidelity Bank Plc, has posted an impressive 120.1% growth in Profit Before Tax from N17.9bn at the end of Q1 2023 to N39.5bn for Q1 2024. This was made known in the Bank’s unaudited financial statements released on the issuer portal of the Nigerian Exchange (NGX) on Tuesday, 30 April 2024. According to the statement, Gross Earnings increased by 89.9% yoy to N192.1bn from N101.1bn in Q1 2023. The increase was led by a combination of interest income (90.7% yoy)…

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Binance founder, Changpeng Zhao jailed in US

Changpeng Zhao, the founder of Binance, has been sentenced to four months in prison becoming the world’s richest prisoner with a personal fortune estimated at $43 billion. Changpeng “CZ” Zhao was sentenced by a Seattle court on Tuesday after pleading guilty to violations of United States anti-money laundering and sanctions laws last year. A US judge handed down the four-month sentence despite prosecutors pushing for a three-year term, as the court took into account the “positive nature of Mr Zhao’s past behaviour. His prison sentence marked a stunning downfall for…

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Workers Day: NLC decries FG’s 35% pay rise, says living wage should be N615k

Joe Ajaero, the president of the Nigeria Labour Congress (NLC), has described the 35 per cent pay rise of the federal government civil servants as mischievous, saying living wage should be N615, 000. Ajaero stated this while speaking during an interview on Channels Television on Wednesday. Recall that the federal government approved a pay rise of between 25 and 35 percent for civil servants across various consolidated salary structures on Tuesday. Ajaero said the last minimum wage of N30,000 expired on April 18. He said, “We should be in the…

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Gunmen abduct four residents in Abuja community invasion

The Bmuko Community, in the Dutse Baupma axis of the Bwari Area Council of the Federal Capital Territory Abuja, was on Monday night invaded by gunmen who reportedly kidnapped four residents in the area. A resident of the community, Mr Isah, who spoke on Tuesday, said the gunmen arrived in the community at about 11:50 pm on Monday, at the house of one Engr Patrick, whose wife and brother were among the four abducted persons. The Area Council had in January been attacked when gunmen kidnapped 22 persons, and killed…

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85-yr-old traditional ruler arrested for attempting to kill son for rituals

10 members of suspected criminals who specialize in exhuming body parts from cemeteries and killing human beings for rituals have been arrested by police in Lagos. Among the arrested suspects was an 85-year-old traditional ruler in Benin Republic, Yusuf Lawal Muse, the son of a pastor said to be the kingpin, Ademola Akinlosota, 33, an Ifa priest, Sunday Badonu, aka Osekure, 25, his father, Vijamiya Badonu, an idol priest and Osetura’s father, Dada Trival, 33, Bale of Akalekumo in Badagry, Hunsu Segun,35, Balogun in Ogboni fraternity, Badagry, Amodu Wahab, aka…

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Yahaya Bello: Abuja American School refunds $760,000 school fees to EFCC

The sum of $760,000 paid as advanced school fees by a former Kogi State Governor, Yahaya Bello, for his children at the American International School, Abuja, has been received by the Economic and Financial Crimes Commission. The spokesperson for the EFCC, Dele Oyewale, confirmed the development in Abuja on Friday. “The school has refunded the entire $ 760, 000 to the EFCC’s recovery account,” he said. Earlier, the American International School of Abuja had asked the EFCC to provide “authentic banking details” for the refund of fees paid for the…

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6,240 sacks of dynamite explosives intercepted by Customs in Kebbi

The Nigeria Customs joint border patrol team on intelligence-based patrol have intercepted 6,250 sacks of dynamite explosives en route to Kebbi along Yauri-Jega road. According to Comptroller of Customs, Kebbi State, Mr Ernest Iheanacho, the explosives were loaded in a canter vehicle with registration number Zur 882 ZY, which was intercepted immediately, leading to the arrest of the driver, one Abdullahi Aliyu, who was billed to hand over to Alhaji Mustapha Garba Jega, the receiver. He explained that, upon the discovery of the items, both intelligence units of the joint…

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Terrorists attack military camp in Niger, bandits attack emir in Zamfara

Suspected Boko Haram terrorists yesterday sacked the military base at Allawa town in Shiroro Local Government Area of Niger State, as residents fled communities in the area to avoid being shot or kidnapped. This came as bandits also yesterday attacked the palace of the emir of Zurmi, Alhaji Mohammed Bunu, but failed to kidnap him as he was whisked away to the state capital, Gusau, by security agents. The Niger incident was said to have happened at about 1:30 am, as the insurgents “invaded the town on motorcycles with not…

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Nigerian man arrested in UK for beating wife to death with skateboard

Olubunmi Abodunde, a United Kingdom-based Nigerian man, has reportedly beaten his wife, Taiwo, to death with their son’s skateboard. The couple, who had three children, arrived in the UK from Nigeria in 2022 and always clashed over alleged affairs and arguments about bills. 48-year-old Abodunde had been repeatedly investigated by Suffolk Police about domestic violence and was due to go on trial for murder but changed his plea to guilty on Wednesday after a jury had been sworn in. During the abuse, officers heard ‘a number of bangs’ inside the…

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