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Fire Guts Market In Lagos, Good Worth Millions Of Naira Destroyed

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The stockfish section of the popular Oyingbo market was has been gutted by fire and goods worth N120 million were destroyed and looted.

Vanguard’s visit to the scene of the incident showed that about seven shop recently stocked with stockfish were raised down as the ashes of the commodity were seen scattered around the market.

Although, cause of the fire could not be ascertained, traders who spoke to VANGUARD correspondent said that the fire started after midnight but was put off after more than two hours of battle to tackle it.

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Speaking, one of the affected shop-owners Mr. Davidson Okenwa said that he got a call at about 12:30. A M that the market was on fire and that four of his shops were affected.

READ ALSO: ‘I Didn’t Know Burning Qur’an Is Offense’ Tani Olohun Begs Muslims

Okenwa also said a total of seven shops belonging to him were completely burnt and looted as goods worth more than N70 Million were destroyed in the inferno.

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He said: ” Around 12:20 A M this morning, I got a distress call from that market and I rushed from my house in Ijegun . On getting I discovered that four of my shops were completely burnt while others were looted.

” I am in a state of distress right because I took a facility from the First City Monument Bank, FCMB. I am totally at a loss at to what to do. The total value of Stockfish destroyed in the fire is over N70 million because I only took delivery of the goods only a day before the fire incident happened.”

Speaking on the development, Greg Ilobinso, a major dealer in the Stockfish trade based in the East, said that the need to have a fire service station at the market for quick intervention cannot be overemphasized adding that the loss at the runs into millions of Naira.

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READ ALSO: JUST IN: Fire Guts Canadian Embassy Building In Abuja

Ilobinso also said that until the Lagos Government sees the need to safeguard the lives and property at this particular market, the government and the traders will keep losing money.

Ilobinso called on insurance companies to come up with market insurance products with a view to minimizing the losses to victims of such incidents.

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I was informed of the situation this morning by some of my customers and I share the pain of the traders whose shops were affected and I hope the Lagos State Government in its magnanimity come to the aid of the victims and cussion the effect of the losses of the affected shop-owners.

“Imagine if somebody was sleeping inside any of the shops, that would have been worse than what we are talking about now.”

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Edo Police Arrest Two Suspected Cultists

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The Edo State Police Command on Wednesday said two suspected cultists were arrested in Ohonre community, off Adolor College Road, Benin.

This was disclosed in a statement by the command Public Relations Officer, Eno Ikoedem, and made available to newsmen electrically.

Ikoedem said the arrest was possible due to operatives response to a distress report concerning the movement and gathering of some suspected cult members within the community.

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READ ALSO:Edo Police Arrest Four Suspected Cultists, Recover Firearms

The statement reads: “The Edo State Police Command has recorded another operational breakthrough following the swift disruption of a suspected cultists’ gathering in Ohonre Community, off Adolor College Road, Benin City.

“On 21st May, 2026, at about 19:00hrs, operatives attached to Ugbowo Division who were on surveillance patrol responded to a distress report concerning the movement and gathering of some suspected cult members within the community.

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“Acting promptly on the information, the police team mobilized to the location. On sighting the operatives, the suspects fled in an attempt to evade arrest. The operatives immediately gave them a hot chase, leading to the arrest of two suspects identified as Victor Peter ‘M’, 21 years and Iyemoma Ogbewe ‘M’, 35 years.

READ ALSO: Idahosa Expresses Gratitude To Okpebholo, Oshiomhole, Others For Support At mother’s Demise

“A search conducted on the suspects led to the recovery of one cut-to-size gun believed to have been in their possession for unlawful purposes.

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“Upon investigation, the suspects confessed to being members of the notorious Maphite cult group. Efforts are ongoing to identify and apprehend other fleeing gang members.”

She said the Commissioner of Police, Monday Agbonika, commended the swift response of the operatives and reiterated the Command’s resolve to deny criminal elements any opportunity within Edo State.

He further urged residents to continue providing timely and credible information to the Police, assuring that all reports would receive prompt attention.

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Troops Eliminate Two Terrorists, Foil Pipeline Attack

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The Nigerian Army says troops have, in the last 24 hours, eliminated two terrorists, rescued four kidnapped victims and foiled pipeline attacks in a series of coordinated military operations across Taraba, Kogi and Rivers.

This is contained in operational updates issued to reporters on Tuesday in Abuja.

According to the reports, troops of 93 Battalion deployed at Akate in the Donga Local Government Area of Taraba engaged suspected terrorists in a forested area, killing two of them.

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READ ALSO:UN Troops Restore Crucifix After Damage By Israeli Military

According to the report, items recovered from the scene include an AK-47 rifle, ammunition, magazines, mobile phones and other personal effects.

In Kogi, it said the troops of 21 Battalion, in collaboration with vigilantes, rescued four kidnapped passengers along the Anyigba–Itobe road in Ofu Local Government Area.

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It added that the victims were reportedly abandoned by their captors while attempting to cross a seasonal stream due to sustained pressure from advancing troops.

According to the military, efforts are ongoing to rescue other victims still in captivity.

READ ALSO:Troops Arrest TikTok Bandits Promoter

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The report said that troops of 12 Brigade successfully repelled an ambush along Kabba–Okene road while withdrawing from an earlier operation, forcing the assailants to flee with gunshot wounds.

Meanwhile, in Rivers, troops of 5 Battalion acting on credible intelligence, foiled an attempt by suspected vandals to detonate a crude oil pipeline in Ahoada West Local Government Area.

“The swift response of the troops disrupted the operation before it could be executed, with the suspects fleeing the scene,” it said.

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Police Arrest Private Chef Over Alleged N150m Theft, Drugging Of Employer, Burglary

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The Nigeria Police Force has arrested a chef, John Cosmos Govi, over his alleged involvement in a burglary operation at a residence in Abuja, where luxury items and valuables worth about N150 million were reportedly stolen.

The arrest was announced on Monday, May 25, 2026, by the Force Public Relations Officer, DCP Anthony Placid, who said the suspect was apprehended by operatives of the Force Intelligence Department Intelligence Response Team (FID-IRT) after investigations into allegations of criminal conspiracy, housebreaking, theft, malicious damage and administering harmful substances.

According to police findings, Govi, who allegedly gained employment as a chef at the residence, was said to have studied the movement of occupants, internal routine and security setup before allegedly carrying out the operation on April 23, 2026.

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READ ALSO:Police Reject N500m Bribe, Recover N7.8bn Illicit Drugs In Lagos

Investigators said he reportedly worked with two accomplices identified as Peter and Moses, who are currently on the run.

Police alleged that food prepared in the house was laced with a suspected sedative substance to weaken the occupants and security personnel.

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After they reportedly became unconscious, the suspects allegedly broke into the property, damaged CCTV installations and stole 20 luxury wristwatches valued at about N150 million, alongside other valuables.

READ ALSO:Court Orders Police To Unseal Disputed Lekki Property

Speaking on the development, DCP Anthony Placid said the suspect was intercepted around the Gwagwalada axis of the Federal Capital Territory while attempting to flee to Lagos. He added that an iPhone 17 Pro Max, believed to belong to the victim, and a suspected chemical substance were recovered.

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We remain committed to dismantling organised criminal networks and ensuring that all fleeing accomplices are brought to justice,” Placid said.

Police said efforts are ongoing to arrest the fleeing suspects and conclude investigations into the case.

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