News
Court Freezes Firm’s Accounts Over N24.9bn Debt

Justice A.I. Akobi of the High Court of the Federal Capital Territory has frozen bank accounts linked to TAK Logistics Limited, TAK Agro PLC, and their director, Thomas Etuh, over alleged debts totaling N24.9 billion.
The court on Monday granted the interim order following an ex parte application filed by Mofesomo Tayo-Oyetibo, (SAN), on behalf of Keystone Bank Limited.
The order made by Justice Akobi includes a Mareva injunction restraining the defendants from accessing or dealing with any funds, shares, dividends, or other financial instruments up to the disputed amount.
In the ruling, the court also directed all banks and financial institutions holding accounts operated by the defendants to preserve the funds and to file affidavits within seven days, disclosing the balances and providing relevant bank statements.
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The judge also barred the defendants from transferring, selling, or otherwise disposing of any movable or immovable property pending the resolution of the matter.
Furthermore, the court granted an application for substituted service on the third defendant, Thomas Etuh, allowing Keystone Bank to serve court documents via courier or by posting them at his last known address.
The court ordered that,“The defendants, their directors, agents, privies, or representatives are hereby restrained from withdrawing, transferring, dissipating, or otherwise dealing with funds, shares, dividends, or any other financial instruments up to the sum of N24,934,741,718.91, or any part thereof, in any bank or financial institution.”
In addition, the court ordered immediate compliance by all affected banks and financial institutions, including a requirement to preserve any funds tied to the defendants and submit full account disclosures: “Within seven days of being served with this order, each bank or financial institution shall file an affidavit stating the balances in all accounts held by the defendants, along with relevant statements.”
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The court said that the order applies to accounts associated with the defendants, including those linked to the Bank Verification Number (BVN) 22273745073.
The interim order will lapse seven days after it is served unless extended by the court.
Consequently, the matter was adjourned till July 22, 2025, for further hearing.
News
Popular Lagos Hairstylist Shot Sead By Suspected Cultists

A professional hairstylist identified simply as Sebastine Timothy has been shot dead by suspected armed robbers in the Satellite Town area of Lagos State.
A police source, who pleaded anonymity because he was not authorised to speak publicly, said the deceased was attacked shortly after returning home from work.
It was gathered that the incident occurred on Sunday night along Olasanoye Street in the community.
READ ALSO:One Injured As Truck Falls Off Lagos Bridge
According to the source, the robbers broke into Timothy’s apartment, dispossessed him of his belongings, and transferred an undisclosed amount of money from his bank account before shooting him in the head.
The source added that the assailants fled the scene immediately after the attack, while neighbours who heard gunshots later found Timothy’s lifeless body.
In a separate account, an online channel known for exposing cult-related activities, Confra Naija, claimed in a post on X that the attack was cult-related.
According to the platform, the assailants, believed to be members of the Eiye confraternity, had originally targeted Timothy’s brother, who is allegedly affiliated with a rival group, Aye, but turned on the hairstylist when they could not find him.
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“The Eiye cultists came to attack Sebastine’s brother, who is a member of Aye. When they didn’t find him, they turned on Sebastine, who told them his brother wasn’t around. They forced him to unlock his phone and transfer money to them, took his phone after the transfer, and shot him in the head,” the post read.
When contacted on Wednesday, the Lagos State Police Public Relations Officer, Abimbola Adebisi, confirmed the incident but gave a slightly different account. She said Timothy sustained a fatal head injury during a fight with unidentified men in the area.
“He sustained an injury to the head and died on his way to the hospital. The police cannot confirm yet if it was a gunshot wound or a machete cut. The family reported the case at the station and later took his body to the mortuary,” Adebisi stated.
News
Reps Order Suspension Of CBT Rollout For WAEC 2026 Exams

The House of Representatives has urged the Federal Government to halt the plan by the West African Examinations Council, WAEC, to implement Computer-Based Testing, CBT, for the 2026 West African Senior School Certificate Examination, WASSCE, warning that the initiative could trigger widespread academic failure, psychological distress, and even fatalities among students.
The decision followed the adoption of a motion of urgent public importance presented by Hon. Kelechi Nworgu on Thursday, who called for immediate intervention to prevent what he described as an impending crisis in education.
Speaking on the motion, Nworgu acknowledged that while CBT has been successfully utilised by the Joint Admissions and Matriculation Board, JAMB, the current state of most secondary schools in Nigeria renders such a shift premature for WAEC exams in 2026.
He stressed that the Federal Ministry of Education’s plan to conduct the 2026 WASSCE via CBT, despite objections from the Nigeria Union of Teachers, NUT, and school principals, would place millions of students at a significant disadvantage, particularly those in rural communities who lack computers, stable electricity, and internet connectivity.
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“Most of the over 25,500 schools across the country, especially in rural areas, do not have functional computers or qualified computer teachers.
“Many students have never used a computer before, yet they are being compelled to take up to nine subjects, including theory and practical exams, through CBT,” he said.
Nworgu warned that the initiative is being rushed without sufficient groundwork and cautioned that its fallout could be severe, potentially resulting in mass failure, frustration, drug abuse, and other social ills among young people.
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He recommended that WAEC and the Ministry of Education postpone the CBT rollout for at least three years, suggesting a more feasible implementation period around the 2029–2030 academic session, after necessary infrastructure and training have been established.
In response, the House directed WAEC and the Ministry of Education to immediately suspend the planned CBT initiative.
It urged the government to allocate funds from the 2026 budget for hiring computer teachers, constructing computer labs with internet access, and installing standby generators in schools nationwide.
The House also tasked its Committees on Basic Examination Bodies, Digital and Information Technology, Basic Education and Services, and Labour, Employment and Productivity to engage stakeholders in the education and technology sectors and submit a report within four weeks to guide further legislative measures.
News
Defence Minister Reacts Yo Wike–Naval Officer Clash

The Minister of Defence, Mohammed Badaru, on Wednesday said the ministry is investigating the confrontation between the Minister of the Federal Capital Territory, Nyesom Wike, and a naval officer, A. M. Yerima, over a disputed piece of land in Abuja.
Speaking during a press briefing to commence activities for the 2026 Armed Forces Remembrance Day at the National Defence College, Abuja, Badaru said the Armed Forces would not abandon any personnel carrying out lawful duties.
He said, “Well, at the ministry, and indeed the Armed Forces, we will always protect our officers on lawful duty.
“We are looking into this issue, and we assure all that any officer on lawful duty will be highly protected. We will not allow anything to happen to him so long as he is doing his job, and he is doing his job very well.”
The confrontation occurred on Tuesday when Wike visited the site and alleged that the military had taken over the land illegally.
READ ALSO:Naval Officer In Face-off With Wike Breached The Law — SAN
In a video obtained online, the visibly enraged minister questioned the presence of armed personnel on the land, said to belong to a former Chief of Naval Staff, Vice Admiral Zubairu Gambo (retd.).
Beyond the incident, Badaru used the briefing to unveil new initiatives aimed at strengthening military operations, veteran welfare, and national security.
He announced that the Federal Government had initiated a programme tagged “Reclaiming the Ungoverned Space for Economic Benefits Programme (RUSEB-P)”, which will deploy retired yet agile military veterans to help secure and rehabilitate areas previously occupied by terrorists.
“By engaging veterans to reinforce local security and initiate projects like farming and mining, RUSEB-P will prevent the resurgence of terrorism, revitalise local economies, and strengthen national security and cohesion,” he said.
READ ALSO:I’ll Support Trump To Fight Terrorism In Nigeria If… – Wike
The minister also launched the “Thank A Soldier” QR Code, which allows Nigerians at home and abroad to send personalised appreciation messages to troops on the frontlines.
On ongoing military operations nationwide, Badaru said troops under President Bola Tinubu’s administration had neutralised more than 13,000 terrorists and criminals, arrested over 17,000 suspects, rescued nearly 10,000 hostages, and destroyed 1,900 illegal refining sites.
He added that over 100,000 Boko Haram/ISWAP fighters and their families had surrendered.
Speaking on veterans’ welfare, he revealed that the ministry was setting up a Veterans’ Databank and Call Centre, and had enrolled 2,141 Civil War veterans who previously did not qualify for pension benefits.
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The government also plans to amend the Nigerian Legion Act and rename it Veterans Federation of Nigeria (VFN).
Badaru said the Defence Health Maintenance Limited now covers more than 400,000 enrollees, including 205,000 veterans and their families across the country.
He urged Nigerians to show gratitude to troops and fallen heroes.
“We must continue to honour gallant men and women who embody valour, discipline, and unity — the pillars of our democracy and sovereignty.”
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