Metro
EFCC Arraigns Three Company Staff For Alleged Fraud Of ₦174m

The Economic and Financial Crimes Commission, EFCC, Uyo Zonal Directorate, has arraigned Akaninyene Enefiok Archibong, Sylvanus Edet Akpan, and Glory Enefiok Archibong before Justice Maurine Onyetenu of the Federal High Court sitting in Uyo, Akwa Ibom State.
EFCC spokesperson Dele Oyewale who disclosed this in a statement on Thursday said they were arraigned on Friday, November 7, 2025 on twenty-two count charges bordering on stealing, conspiracy, money laundering and criminal diversion to the tune of ₦174,226,610 (One hundred and Seventy-four million, Two hundred and Twenty-six thousand, Six hundred and ten Naira).
He said, “One of the charges reads: “That you, Akaninyene Enefiok Archibong sometime between January and December 2022, in Nigeria, within the jurisdiction of this Honourable Court, fraudulently took possession of the sum of ₦58,600,500.00 through your First Bank account number 3055162976, knowing that the money formed part of the proceeds of an unlawful act, to wit: stealing by conversion, contrary to Section 18(2)(d) of the Money Laundering (Prohibition and Prevention) Act, 2022, and punishable under Section 18(3) of the same Act.”
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“Another count reads: “That you, Glory Enefiok Archibong sometime in 2022, in Nigeria, within the jurisdiction of this Honourable Court, took possession of the sum of ₦14,090,000.00 through your Zenith Bank account number 2256436893, knowing that the money formed part of the proceeds of an unlawful act, to wit: money laundering and thereby committed an offence contrary to Section 18(2)(d) and punishable under Section 18(3) of the Money Laundering (Prohibition and Prevention) Act, 2022.”
He said the suspects all pleaded not guilty to the charges when they were read to them
In view of their pleas, prosecution counsel, Oluwatimileyin Faleye prayed the court to fix a date for trial to enable the prosecution to prove its case against the defendants.
However, defence counsel, Imeh Eduk and Ndifreke Inyangette sued for a short adjournment to enable them file formal bail applications for the defendants. They also made an oral application for the third defendant on the ground of being a nursing mother.
READ ALSO:EFCC Arrests CEO Over ₦2bn Ponzi Scheme
After listening to both sides, Justice Onyetenu granted the third defendant, Glory Archibong bail in the sum of ₦30 million, with two sureties in like sum, and landed properties within the jurisdiction of the court.
The court ordered that Akaninyene Archibong and Sylvanus Akpan be remanded at the Nigerian Correctional Service facility in Uyo, Akwa Ibom State.
The case was adjourned till January 27, 2026, for bail hearing and commencement of trial.
The defendants were arrested in Uyo, following claims of a petitioner, Mr Ubong Bassey Okon, Managing Director of Ubotex Nigeria Limited.
According to the petitioner, Akaninyene Archibong and Sylvanus Akpan, who worked in the company as cashier and auditor respectively, allegedly conspired and diverted company funds into personal accounts, by manipulating figures with forged authorizations on payment vouchers.
Investigations into the matter revealed that Akaninyene Archibong transferred portions of the stolen funds to his younger sister, Glory Enefiok Archibong, who played a critical role in laundering the said funds via property acquisition and constructions, aimed at concealing the source of the illicit funds.
Metro
Gunmen Kidnap Businessman In Ibadan

Gunmen suspected to be kidnappers have abducted a 60-year-old man in Ibadan, the Oyo State capital.
The victim was kidnapped on Saturday while on his way to his residence.
The incident occurred at Jinarere, Alakia in Ibadan.
Public Relations Officer of the State Police command, Olayinka Ayanlade, when contacted, confirmed the incident.
READ ALSO:Gunmen Abduct 60-year-old Trader In Oyo
Ayanlade in a statement made available to DAILY POST on Sunday, explained that efforts are ongoing to rescue the victim.
Ayanlade said, “Preliminary information reveals that the victim, a 60-year-old male and building materials trader, was accosted while returning home along the Jinarere axis of Alakia Road by four masked armed men, who forcefully whisked him away in an unregistered ash-coloured Toyota Corolla vehicle”.
Metro
Tragedy As Suspected Kidnappers Kill Young Entrepreneur In Edo

A 30-year-old entrepreneur and CEO of Principle Takeout, Justice Abu Oshioke, has been killed by suspected kidnappers in Ekpoma, Esan West Local Government Area of Edo State.
He was reportedly attacked by the suspected kidnappers on Saturday while on his way to pick up an order made for his child’s dedication on Sunday morning.
Eyewitnesses said the attackers attempted to force him into a nearby bush in a kidnapping attempt. However, he reportedly resisted and tried to escape.
READ ALSO:Senatorial Seat: Ogbakha-Edo Warns Against Imposition Of Candidates In Edo South
In the course of the struggle, the assailants opened fire, shooting him multiple times.
Concerned residents quickly rushed him to a nearby medical facility, but he was confirmed dead on arrival.
The deceased was said to have recently gotten married and welcomed a baby boy.
The tragic event has turned a joyous occasion into a moment of grief for the family.
READ ALSO:Edo NLC Divided Over May Day Celebration
The shocking development has left the Ekpoma community in deep sorrow, with many residents expressing outrage over the growing insecurity in the area.
Edo State Police Command’s spokesperson, Eno Ikoedem confirmed the incident and said the Commissioner of Police, Monday Agbonika has ordered a “full-scale investigation and intensified manhunt for those responsible.”
According to her, the Police, in collaboration with the military, local vigilantes, and hunters, are actively pursuing the perpetrators through coordinated operations.
Metro
Grandfathers Arrested For Drug Trafficking

Two grandfathers, aged 83 and 78, are among several suspects apprehended by the National Drug Law Enforcement Agency (NDLEA) in a fresh nationwide crackdown on illicit drug trafficking.
Pa John Ofiel, 83, was arrested on Tuesday, 28 April during a raid in the Aba region of Abia State.
The NDLEA said that operatives acting on credible intelligence recovered 700 grams of skunk, a potent strain of cannabis already packaged into retail sachets.
The octogenarian, who claimed to be a professional shoemaker allegedly confessed to delving into the illicit trade.
READ ALSO:PHOTOS: NDLEA Intercepts Drug-laden Trucks Worth N724m, Arrests Suspects In Edo
In Ekiti State on Thursday 30 April 78 year old Ogunjobi Samuel was detained at his residence in Ilupeju-Ekiti where officers seized 350 grams of cannabis from him, identifying him as a local peddler.
Chairman and Chief Executive Officer of the NDLEA, (CCEO), Brig. Gen. Mohamed Marwa (Rtd), commended the various state commands for their drug supply reduction efforts.
He urged officers to maintain the current momentum, balancing enforcement with the agency’s War Against Drug Abuse (WADA) sensitisation activities.
The enforcement drive also led to the arrest of a notorious drug dealer in Oyo State Taofik Adeyemi, 49.
He was apprehended on Saturday, 2 May, at his residence in Ibadan after months of evading the authorities.
READ ALSO:NDLEA Intercepts Drugs Hidden In Cream, Jackets At Lagos Airport
He was caught alongside his salesman, Mustapha Oyerinde, with 3.085kg of cannabis and a getaway vehicle.
Across other states, the NDLEA recorded significant seizures including over 140,000 pills and capsules of Tramadol intercepted in separate operations targeting transit routes from Damaturu to Hadejia.
A raid on Awolowo Market in Mushin area of Lagos state resulted in the recovery of 740kg of cannabis while in Kaduna, two suspects were caught on the Abuja-Jos highway with 290kg of compressed cannabis concealed in a Honda Ridgeline.
READ ALSO:NDLEA Arrests 93-year-old Grandpa, Medical Doctor Over Cocaine, Skunk Trafficking
A 65-year-old driver was intercepted at the Ile-Ife toll gate in Osun state conveying skunk and methamphetamine, leading to a follow up arrest of the consignment’s owner in Ilesha.
In line with it’s mandate, the NDLEA continued its War Against Drug Abuse (WADA) advocacy, holding enlightenment lectures for students, Islamic schools, and commercial motorcyclists in Niger, Kano, Anambra, and Lagos states.
The NDLEA’s Director of Media and Advocacy, Femi Babafemi, noted that the agency remains committed to “cleansing the streets” of both notorious distributors and those who use age as a shield for criminal activity.
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