Metro
Fake Naira Notes In Circulation, CBN Warns Nigerians

The Central Bank of Nigeria has warned Nigerians to be wary of counterfeit naira notes in circulation amid reports of currency shortage in the country.
In a statement released on Friday titled ‘Beware of Counterfeit Naira Banknotes in Circulation,’ the apex bank advised Deposit Money Banks, Financial Houses, Bureau de Change, and the public to be vigilant and implement necessary precautions.
The Central Bank assures the public that it is working with law enforcement operatives to apprehend those responsible for circulating counterfeit currency.
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The statement, in part, said, “The attention of the Central Bank of Nigeria (CBN) has been drawn to the circulation of counterfeit banknotes, significantly higher denominations, by some individuals for transactions in food markets and other commercial centers across major cities in the country.
“For the avoidance of doubt, Section 20(4) of the CBN Act (2007) as amended, states that: “It shall be an offense punishable by a term of imprisonment of not less than five years for any person to falsify, make or counterfeit any bank note or coin issued by the Bank which is legal tender in Nigeria.”
“The CBN is constantly collaborating with relevant security and financial agencies to confiscate fake Naira banknotes and arrest and prosecute counterfeiters. Members of the public are also encouraged to report anyone suspected of having counterfeit naira notes to the nearest police station or branch of the Central Bank of Nigeria.
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“Meanwhile, all Deposit Money Banks, Financial Houses and Bureau de Change and the general public are enjoined to be more vigilant and take all necessary precautionary measures to curtail the acceptance and distribution of counterfeit notes,” the statement reads.
Metro
Ex-convict Arrested In Edo For Armed Robbery, Possession Of Firearm
The Edo State Security Corps (ESSC) has arrested a 45-year-old ex-convict, Owen Osas, for alleged unlawful possession of firearms and suspected involvement in a robbery incident.
Osas was reportedly arrested with a cut-to-size single-barrel gun during a covert operation along Fishpond Road in Eyean, Uhunmwonde Local Government Area.
The arrest reportedly comes barely a year after he was released from prison, where he had served time for illegal possession of firearms and other criminal offences.
Osas, who confessed to the latest crime, also admitted to being a member of the Eiye Confraternity.
READ ALSO:Tragedy As Suspected Kidnappers Kill Young Entrepreneur In Edo
Consequently, a victim of an alleged robbery incident, Reginia Izy, identified Osas as the person who robbed her a day before his arrest.
The victim narrated that the suspect had approached her residence around 8 p.m., pretending to be familiar before carrying out the attack.
The Deputy Commander Operations of ESSC, Richard Balogun, said the arrest was part of intensified efforts to rid Edo State of criminal elements.
READ ALSO:Edo South Senatorial Seat: Nothing Wrong Seeking Wike’s Support – Ogbeide-Ihama
Balogun explained that operatives conduct both overt patrols and covert operations to track and apprehend suspects.
He said, “Our men are always on patrol. Some operate in plain clothes as part of covert strategies, while others are stationed at strategic locations.
“Osas, who is a former convict, was arrested with firearms and he also confessed to be a member of the Eiye Confraternity.”
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.
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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.
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