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N1.4Billion Bank Fraud: EFCC Arrests Kogi Assembly Candidate with N326Million, $610,500 Cash
The Nigeria anti-corruption agency, Economic and Financial Crimes Commission, EFCC, has arrested the Kogi State House of Assembly candidate of the New Nigeria Peoples Party, NNPP, Ismaila Yusuf Atumeyi, said to be in possession of N326million and $610,500 cash.
Atumeyi, who is seeking to represent Ankpa 11 Constituency in the Kogi State House of Assembly was arrested on Sunday, alongside one Joshua Dominic, an alleged serial fraudster, in a sting operation at Macedonia Street, Queens Estate, Karsana, Gwarinpa, Abuja, a statement by EFCC’s Head of Media and Publicity, Wilson Uwujaren, said.
Also arrested in connection with the fraud is Abdumalik Salau Femi, a former bank employee, who allegedly supplied the inside information that facilitated the attack on the bank by the syndicate.
The EFCC statement read, “He was picked up on Tuesday, November 1, 2022, at Radisson Blu Hotel in Lagos. Following his arrest, a search was conducted on his home in Morgan Estate, Ojodu where a total of $470,000 USD was recovered.”
Meanwhile, $140,500 in cash had reportedly been recovered from him by the agency.
Uwujaren explained that the arrest of the suspects followed months of investigation into the hacking of one of the commercial banks by a gang of fraudsters who pulled off a heist of N1.4 billion.
The statement published on the Commission’s website read, “The syndicate allegedly moved N887 million into the account of Fav Oil and Gas Limited, from where the monies were paid to several Bureau de Change operators and some auto dealers for exchange into United States Dollars and purchase of high-end cars.
“Dominic, who has severally been arrested for fraud, allegedly helped Atumeyi perfect the hacking plan through Abdumalik. Dominic, a self-styled investment expert and managing director of Brisk Capital Limited was arrested in May 2021 by the Special Fraud Unit of the Nigeria Police for alleged N2 billion investment scam. He allegedly defrauded over 500 persons in a phony investment scheme.
“Two Range Rover Luxury SUVs were also recovered from the two suspects arrested in Abuja.”
The anti-graft agency said the suspects would be charged in court after the investigation.
Meanwhile, the commission expressed concern about the rising spate of cyber-attacks on banks and the reluctance of the institutions to report such breaches to law enforcement.
While warning that such reticence would only embolden the criminals, the EFCC appealed to financial institutions to collaborate with it to secure the financial sector from threats of cyber-attacks.

The commission said that in the wake of the recent announcement by the Central Bank Nigeria of plans to redesign some denominations of the naira, it warned Bureau de Change operators to be wary of currency hoarders who would attempt to use the opportunity to offload the currencies they had illegally stashed away.
News
American Accuses Reno Omokri of Deception, Calls Him “Pathological Liar” as Omokri Dismisses Christian Genocide Claims

A former Texas Mayor, Mike Arnold, has accused former Nigerian presidential aide Reno Omokri of deception and manipulation, describing him as a “pathological liar” who thrives on calculated deceit.
In a viral post on X (formerly Twitter), Arnold said he had witnessed Omokri’s alleged dishonesty firsthand during personal and professional encounters both in the United States and Nigeria.
“The truth about Reno Omokri is sad. I’ve seen it up close. Reno doesn’t lie like most liars. He lies calm, cool, constant. Up close, he’s reptilian. Chilling. Soulless. Yet so charming,” Arnold wrote.
Arnold, who claimed to have hosted Omokri in Texas and attended his birthday safari in Kenya, accused the former presidential aide of falsifying events, exaggerating connections, and fabricating ownership of luxury assets.
He recounted an incident where Omokri allegedly showcased luxury cars online, falsely claiming ownership of two vehicles belonging to Arnold’s friend.
Arnold also alleged that during a fact-finding mission to Nigeria on Christian persecution, Omokri promised high-level meetings with President Bola Tinubu, NSA Nuhu Ribadu, and the Sultan of Sokoto, none of which materialized.
“Looking back, those promises were props for his narrative for clout and manipulation,” he wrote.
Arnold further accused Omokri of misrepresenting him on Nigerian television, falsely introducing him as the current mayor of Blanco, Texas, and a close associate of U.S. Senator Ted Cruz.
“On live TV, he called me a Republican mayor—we don’t even have partisan municipal elections. He also said I’m a personal friend of Ted Cruz. False,” Arnold stated.
Quoting Psalm 101:7, Arnold said Omokri’s actions were “soulless” and “evil,” adding that “lying to cover up the Christian genocide raging in Nigeria is a bridge too far.”
“People must know Reno Omokri is a pathological, habitual, calculating, self-serving liar from someone who knows him personally so they won’t trust his sleazy attempts to bury the blood of tens of thousands of Nigerian martyrs with the manure spewing from his mouth,” Arnold wrote.
He also accused Omokri of harboring political ambitions, claiming that he plans to run for vice president under National Security Adviser Nuhu Ribadu.
Omokri, however, recently appeared on Arise News Night, dismissing reports of a Christian genocide in Nigeria as “ludicrous,” insisting that both Christians and Muslims are victims of insecurity across the country.
“Killings happen equally to Christians and Muslims,” Omokri said, urging Nigerians not to allow Western narratives to sow religious division.
The exchange has since sparked intense debate online, with many Nigerians weighing in on the authenticity of Arnold’s claims and Omokri’s controversial statements on religious persecution.
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Biafra
BREAKING: Nnamdi Kanu’s Ailment Not Life-Threatening – Court Adopts NMA Findings

The Federal High Court in Abuja has adopted a medical report by a panel set up by the Nigerian Medical Association (NMA), which found that the detained leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, is not suffering from any life-threatening ailment.
The NMA panel, constituted by the association’s president on the order of Justice James Omotosho, was tasked with determining Kanu’s actual health condition following conflicting claims from medical experts representing both the prosecution and the defence.
According to the report submitted to the court on October 13 by the prosecution team led by Adegboyega Awomolo (SAN), and partly read in open court on Thursday, the panel concluded that Kanu’s condition is not life-threatening and that he is fit to stand trial.
Justice Omotosho, citing the report and noting no objections from either side, ruled that the trial would proceed.
The judge subsequently granted the defence six consecutive days — from October 23 to October 28 — to open and close its case.
Additionally, the court approved an oral application by defence counsel, Kanu Agabi (SAN), requesting that Kanu’s legal team be allowed to hold private consultations with him outside the Department of State Services (DSS) facility to ensure confidentiality.
Justice Omotosho ruled that the private meeting will take place in the courtroom between 9 a.m. and 12 noon on October 22, with only Kanu and his lawyers present.
The court further ordered that Kanu should continue receiving medical care at the DSS medical facility pending further proceedings.
One of Kanu’s lawyers, Aloy Ejimakor, confirmed the development after Thursday’s sitting.
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News
Bayelsa Governor Douye Diri Resigns from PDP with 23 Assembly Members

Bayelsa Governor Douye Diri Resigns from PDP with 23 Assembly Members
Bayelsa State Governor Douye Diri announced his resignation from the Peoples Democratic Party, PDP on Wednesday during a state executive council meeting in Yenagoa, accompanied by 23 members of the Bayelsa State House of Assembly, including Speaker Abraham Ngobere and Deputy Speaker Faithful Ebi.
His Chief Press Secretary, Daniel Alabrah, confirmed the move, attributing it to ‘obvious reasons’ without specifics, while Diri thanked PDP supporters and reaffirmed his dedication to Bayelsa’s progress.
“Today, I have formally resigned my membership from PDP for obvious reasons.” – Bayelsa State Governor, Douye Diri.
The defection ends the PDP’s control of the state since 1999 and hints at a potential shift to the All Progressives Congress before the 2027 elections.
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News
Davido Announces 5IVE Alive Tour in Five Cities in Nigeria

Nigerian Afrobeats star Davido has revealed the Nigerian dates for his 5IVE Alive Tour, linked to his fifth studio album released in April 2025, following a successful North American run.
The tour kicks off on October 26 in Uyo, Akwa Ibom, and includes stops in Yola, Enugu, Ibadan, culminating on December 25 in Lagos.
Tickets are now available starting at ₦5,000 for most venues, with fans urged to purchase quickly amid high demand.

News
Lagos Re-Arraigns Evans For Alleged Murder Of Two Policemen

The Lagos State Government has re-arraigned convicted billionaire kidnapper, Chukwudumeme Onwuamadike, popularly known as Evans, on a fresh murder charge involving the deaths of two police officers.
Evans and his co-defendant, Joseph Emeka, were re-arraigned before Justice Oyindamola Ogala on a five-count charge bordering on murder, attempted murder, and conspiracy to commit kidnapping.
The case was transferred from Justice Adenike Coker, and according to the charge, Evans and his co-defendant allegedly killed two policemen, Peter Nweke and Chijioke Ngozi, on August 27, 2013, around 10 p.m. at Festac Town, Lagos.
The offences violate Section 221 of the Lagos Criminal Law, 2011.
At the proceedings, State Prosecutor A. O. Azeez confirmed the transfer of the case and requested a fresh arraignment despite Evans’ earlier plea bargain applications before the former judge.
Both defendants pleaded not guilty to the five-count amended charge.
The court adjourned the matter to November 19, 2025, for hearing and issuance of witness summons.
Evans has already been convicted before another court and is currently serving sentences for two of his five criminal cases.
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