The NDLEA Ogun State Command eradicated a six-hectare Indian hemp farm in Alaka village, arrested four suspects, and conducted successful operations against drug trafficking in 2024. In a determined effort to combat drug trafficking, the National Drug Law Enforcement Agency (NDLEA), Ogun State Command, has destroyed a six-hectare Indian hemp farm located in Alaka village. During the operation, four individuals suspected of being involved in the illicit cultivation were arrested. Investigations into their activities are currently ongoing. This announcement was made by the NDLEA State Commandant, Tijani Rabe, during a press briefing held on Thursday in Abeokuta. The event also highlighted the agency’s 2024 achievements in combating drug-related crimes. NDLEA’s 2024 Performance Highlights Rabe disclosed that the command arrested 675 drug offenders in 2024, a year marked by intensified anti-drug operations. The agency also seized significant quantities of illegal substances, including: As part of its end-of-year strategy, Operation Closed Gates was launched, targeting drug merchants and syndicates. The operation effectively disrupted supply routes into Ogun State, yielding remarkable results. Public Awareness Campaigns Reach Thousands In addition to enforcement, the NDLEA ramped up its public awareness initiatives to address the root causes of drug abuse. The agency conducted: The command also secured 221 convictions against drug offenders, emphasizing its commitment to holding perpetrators accountable. Moving Forward The NDLEA continues to strengthen its efforts to eradicate drug trafficking and abuse in Ogun State and across Nigeria. With strategic enforcement and robust public education, the agency is building a safer and healthier society. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
Optimism Amid Concerns: Nigerian Businesses Expect Naira Depreciation – CBN Report Nigerian businesses anticipate further depreciation of the naira this month and into the first quarter of 2025, according to the Central Bank of Nigeria’s (CBN) Business Expectations Survey Report for November 2024. While businesses remain optimistic about the broader macroeconomic environment, they hold mixed views on various economic indicators. Highlights from the CBN Report: Consumer Expectations Show Mixed Feelings In a parallel Consumer Expectations Survey Report, the CBN revealed that Nigerian households remained cautious about the macroeconomic environment in November 2024. Conclusion The CBN reports underscore a complex economic landscape where businesses exhibit optimism about the future, despite short-term challenges such as naira depreciation and financial constraints. Similarly, consumers express caution amid rising costs, reflecting ongoing pressures in Nigeria’s economy. By addressing structural challenges like access to credit and resource utilization, the Nigerian economy could harness its potential for growth in 2025 and beyond. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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Despite the recent price reduction of Premium Motor Spirit (PMS) by Dangote Petroleum Refinery to ₦899.50 per litre from ₦970 per litre, the minimum pump price of petrol in Nigeria has not yet dropped. In Lagos, most petrol stations, including those operated by the Nigerian National Petroleum Company Limited (NNPCL), continue to sell petrol at a minimum of ₦1,025 per litre. Major oil marketers maintain prices around ₦1,070, while independent marketers charge as high as ₦1,100 per litre. This price slash by Dangote Refinery was intended to ease transportation costs and bring relief to Nigerians, particularly during the festive season. Reactions from Industry Experts Maxi Colman Obasi, the National President of the Oil and Gas Services Providers Association of Nigeria (OGSPAN), applauded Dangote Refinery for reducing its ex-depot prices. He urged petrol marketers to pass on the benefits of the price reduction to consumers. Another industry expert, who chose to remain anonymous, highlighted that the global crude oil price had dropped from $73 per barrel to $72 per barrel. This decline, coupled with the deregulated market, should encourage a decrease in petrol prices at the pump. Dangote Refinery’s Efforts Announcing the price cut, Dangote Refinery offered a special holiday discount, reducing its ex-depot price to ₦899.50 per litre. In addition, customers purchasing petrol in cash can buy an extra litre on credit, supported by a bank guarantee from Access Bank, First Bank, or Zenith Bank. Anthony Chiejina, Chief Branding and Communications Officer of Dangote Group, emphasized the refinery’s commitment to providing high-quality, competitively priced petroleum products that are environmentally friendly and safe for engines. He also noted that the refinery’s operations would eliminate Nigeria’s reliance on substandard, blended imported petroleum products, which have posed health and environmental risks. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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In a landmark ruling, Guinea’s former Defense Minister Mohamed Diané has been sentenced to five years in prison on charges of corruption, illicit enrichment, embezzlement, and money laundering. Diané, who held office from 2015 to 2021 during ex-President Alpha Condé’s tenure, faces additional penalties including a $58.5 million fine. His properties in Conakry and Kankan, as well as his bank accounts, have been confiscated by the state. The court determined that Diané could not substantiate the origins of his substantial wealth. He has been in custody since May 2022, following the military junta’s sweeping anti-corruption campaign, initiated after their 2021 coup. Led by Gen Mamady Doumbouya, the junta has positioned the fight against corruption as a top priority for Guinea. This effort included the establishment of a special anti-corruption court, which has overseen legal actions against over 180 individuals, including high-ranking officials and former President Alpha Condé, by the end of 2022. While the campaign initially garnered widespread support, critics argue that it has evolved into a tool for political persecution. Allegations have surfaced that the junta is stalling Guinea’s democratic transition. Promised elections and a referendum on a new constitution remain unfulfilled, fueling concerns that Gen Doumbouya may be consolidating power rather than facilitating reform. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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The Nigerian Senate has introduced a bill to prohibit the use of foreign currencies, such as the US dollar, for payments and transactions within the country. Sponsored by Senator Ned Nwoko of Delta North, the bill, titled “A Bill for an Act to Amend the Central Bank of Nigeria Act, 2007, to Prohibit the Use of Foreign Currencies for Remuneration and Transactions,” has successfully passed its first reading. Strengthening the Naira The bill aims to ensure that all financial activities, including salaries and commercial transactions, are conducted in the naira. This move is designed to restore the naira’s value, boost confidence in the currency, and enhance Nigeria’s monetary sovereignty. Nwoko highlighted that the widespread reliance on foreign currencies like the US dollar and British pound has weakened the naira and compounded Nigeria’s economic struggles. He described this practice as a colonial remnant that limits Nigeria’s economic independence. Key Provisions of the Bill Economic Security Measures Nwoko proposed storing Nigeria’s foreign reserves domestically to minimize exposure to external economic shocks and bolster economic security. He reassured Nigerians that the transition of domiciliary account balances to naira would remain voluntary, allowing for a gradual adaptation to the new system. Access to Foreign Exchange While prioritizing the naira, the proposed law ensures continued access to foreign exchange for legitimate purposes, such as travel. Reforms are planned to streamline access to Basic Travel Allowance (BTA) and other foreign exchange needs. Long-Term Vision Nwoko emphasized that prioritizing the naira in domestic and international financial transactions is critical for achieving economic self-reliance and long-term stability. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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First Bank of Nigeria has announced a landmark achievement for its subsidiary, First Nominees Nigeria Limited, as it becomes the first nominee company in Nigeria’s capital market to be officially registered by the Securities and Exchange Commission (SEC). In a statement released on Thursday, the bank highlighted that this recognition positions FirstNominees as a pioneering firm in securities custody and asset management within the Nigerian financial sector. What Does a Nominee Company Do? A nominee company, as defined by First Bank, is established by financial institutions to manage securities and other assets on behalf of their actual owners. This is achieved under the terms of a custodial or nominee agreement regulated by the SEC. Approval and Recognition The SEC granted this significant approval on November 22, as confirmed in a statement by Olayinka Ijabiyi, Assistant Group Head of Marketing and Corporate Communications at First Bank. This registration also makes FirstNominees the first indigenous non-pension assets custodian recognized by the commission. “With this achievement, FirstNominees solidifies its position as a trailblazer in Nigeria’s securities custody landscape,” the bank noted. Licensed and Regulated by Key Authorities FirstNominees operates under dual oversight: it is licensed by the Central Bank of Nigeria (CBN) and regulated by the Securities and Exchange Commission (SEC). This dual regulation enables the company to act as a full-fledged Capital Market Operator, offering advanced custody solutions for its clients. Leadership Speaks on the Achievement Speaking on this milestone, Kunle Olorunfemi, Managing Director of FirstNominees, expressed pride in the company’s progress. He described the development as a testament to its commitment to excellence and ability to meet client needs effectively. “We owe our success to the unwavering support of our clients and remain dedicated to delivering innovative and superior custody services,” Olorunfemi said. Olusegun Alebiosu, CEO of FirstBank Group, also celebrated the recognition, describing it as a milestone for the institution. He emphasized that FirstNominees is now poised to uphold global standards, enhance regulatory engagement, and deliver unmatched professionalism in the capital market space. Commitment to Excellence and Innovation Equipped with cutting-edge technology, FirstNominees leverages FirstBank’s 130 years of financial expertise to provide customized solutions to high-net-worth local and international investors. Guided by core values of entrepreneurship, professionalism, innovation, and customer centricity (EPIC), the subsidiary aims to reshape the custody landscape in Nigeria and beyond. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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Renowned Activist Olamide Thomas Collapses in Custody Due to Police NeglectLMSINT MEDIA reports that Olamide Thomas, a prominent human rights activist, collapsed while in custody at the Force Criminal Investigation Department (FCID) in Abuja. Despite suffering from asthma and peptic ulcers, which had caused internal bleeding since Monday, the activist was reportedly denied medical attention. Her lawyer, Barr. Ernest Chukwuemeka Okpaga, expressed outrage, stating that police officers ignored repeated pleas for medical care and refused him and Thomas’ relatives access to see her. Alarming Events During DetentionOn Thursday, Okpaga revealed the sequence of events. Thomas collapsed after giving her statement, and instead of taking immediate medical action, the Assistant Director of Administration at the National Cybercrime Centre (NCCC) ordered both Thomas and her lawyer to be locked in an interrogation room. “I resisted being detained, but officers assaulted me,” Okpaga recounted. Eventually, after persistent appeals, Thomas was rushed to a police hospital in Area 11, Garki, Abuja, where she is now receiving treatment. Health Crisis IgnoredEarlier in her detention, Thomas had cried out about her deteriorating condition, describing severe internal bleeding and unbearable pain. She accused officers of harassment, bullying, and deliberate negligence due to her outspoken criticism of Inspector-General of Police (IGP) Kayode Egbetokun and Force Public Relations Officer Olumuyiwa Adejobi. Abduction and Detention OrdersThomas revealed that she was abducted last Friday in Lagos, after her brother was allegedly used to track her location. Sources within the police confirmed that her detention was ordered by IGP Egbetokun, not because of any evidence of wrongdoing but as retaliation for her activism. A police source stated, “We found nothing incriminating against her. This detention was purely the IGP’s directive.” The activist’s ordeal highlights ongoing concerns about police misconduct and the suppression of human rights defenders in Nigeria. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, has expressed profound sympathy for the families affected by the tragic stampede that claimed 32 young lives during a festive event in Ibadan. The incident, which took place at a yuletide celebration organized by Queen Naomi Silekunola, the Ooni’s ex-wife, and Oriyomi Hamzat, a prominent Ibadan radio host, has left the nation grieving. Both organizers, alongside others involved in the event, have since been detained for questioning regarding the tragedy. In a statement released by his spokesperson, Moses Olafare, the monarch conveyed his condolences to the families of the victims and the Oyo State government. He also encouraged the event organizers to remain steadfast in their mission to serve their communities despite the heartbreaking incident. “We extend our heartfelt condolences to the government of Oyo State, the organizers—Agidigbo Radio, led by Oriyomi Hamzat, and Ms. Naomi Silekunola Ogunseyi—alongside the grieving families of the young lives lost in this sorrowful incident in Ibadan,” the statement read. The Ooni also commended Governor Seyi Makinde for his swift response to the tragedy and pledged support from the House of Oduduwa to help alleviate the pain of those affected. A Call for Improved Safety Measures The Ooni emphasized the critical need for stricter safety protocols during events involving children. He urged the organizers and other stakeholders to use this tragedy as a learning point to prevent similar occurrences. “This unfortunate event highlights the urgent need for collaborative efforts to ensure the safety and well-being of children across Nigeria. We must prioritize robust child welfare policies and implement stricter safety measures at public gatherings,” the Ooni stated. The monarch encouraged the organizers to remain committed to hosting impactful events while improving planning and execution to safeguard participants’ welfare. The Ooni’s message serves as both a gesture of solidarity and a rallying call to ensure that children’s safety becomes a priority in all public activities. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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The Blood Mafia’s Family (BMF), a rapidly growing entertainment industry powerhouse, is making headlines with its latest initiative. This groundbreaking opportunity is set to revolutionize the music and craft scene in Nigeria, providing an incredible platform for young talents to showcase their skills and achieve their dreams. Through this initiative, BMF promises to offer not only exposure but also substantial financial rewards. Let’s explore what this means for aspiring artists and how you can become part of this game-changing movement. What is BMF (Blood Mafia’s Family)? BMF is an emerging entertainment hub dedicated to nurturing and promoting young, talented individuals in Nigeria. The organization aims to help artists develop their skills, connect with wider audiences, and achieve international recognition. With a robust platform that includes financial support, mentorship, and exclusive opportunities, BMF is committed to turning dreams into reality. From music to craft, BMF’s vision is clear: to build a sustainable creative ecosystem that empowers the youth. What Does This Record-Breaking Deal Entail? BMF is launching an exclusive program that allows participants to:1. Showcase their talents to a global audience through BMF’s platform.2. Gain access to BMF’s backend official tools to participate in competitive events.3. Battle for a chance to win $1,000, a starting token that could launch a promising career in the entertainment industry. This deal is not just about financial rewards; it’s about building a career in the creative industry with the right guidance and exposure. Who Qualifies for This Giveaway? While BMF aims to impact as many lives as possible, this opportunity is exclusive to the best and brightest talents. Here’s how the selection process works:• Many will be called, but few will be chosen.• Candidates will go through a rigorous selection process.• The ultimate winner will take home the $1,000 cash prize. This ensures that only the most deserving talents get the recognition and support they need to thrive. Categories for Participation BMF has created a diverse range of categories to cater to various creative talents. Participants can compete in the following: Music Categories:• Rapper: A general category for all rap enthusiasts.• English Rapper: For artists who rap fluently in English.• Hausa Rapper: Dedicated to rappers showcasing their talent in the Hausa language.• Igbo Rapper: Highlighting the unique sounds and rhythms of Igbo rap.• Yoruba Rapper: Celebrating the vibrant and lyrical Yoruba rap style. Special Competitions:• Battle Rap: A platform for lyrical warfare where only the strongest survive.• Freestyle: For those who can think on their feet and deliver bars effortlessly.• Fight for the Throne: A competitive category for those vying to be crowned the ultimate champion.• Get It from the Box: A creative category that challenges artists to bring their A-game. These categories ensure inclusivity and give artists across different genres and languages a fair chance to shine. Why This Initiative Is a Game-Changer BMF’s initiative isn’t just another talent competition; it’s a life-changing experience. Here’s why:1. Global Exposure: BMF’s platform will showcase participants to a worldwide audience, giving them the visibility they need to launch successful careers.2. Financial Support: The $1,000 prize is just the beginning. BMF provides additional financial and professional resources to help artists grow.3. Mentorship: With access to industry professionals, participants will receive guidance to refine their craft.4. Inclusivity: By catering to multiple languages and categories, BMF ensures that every talented individual has a chance to shine. How to Get Started Getting involved in this initiative is straightforward:1. Stay Tuned for Updates: Keep an eye on BMF’s official channels for announcements regarding registration and competition details.2. Prepare Your Best Work: Whether you’re a rapper, freestyler, or battle artist, start honing your skills now.3. Register and Compete: Once registration opens, submit your application and prepare to showcase your talent. Conclusion The Blood Mafia’s Family is not just an entertainment brand; it’s a movement. By offering young artists a platform to excel, BMF is helping to shape the future of Nigeria’s creative industry. If you’re an aspiring rapper or craft artist looking for an opportunity to change your life, this is your moment. Join BMF, showcase your talent, and become part of a legacy that’s set to redefine the entertainment landscape in Nigeria. Don’t miss out! Start preparing today and take the first step toward a brighter future. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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Death Toll Rises in Ibadan Stampede: Police Arrest Organizers, Including Ooni’s Ex-Wife A tragic stampede at a children’s funfair held at Islamic High School, Bashorun, Ibadan, has left 35 children dead and six others critically injured, according to reports from the Oyo State Police Command. The heartbreaking incident occurred on Wednesday during an event organized by the Wings Foundation in collaboration with media partner Agidigbo FM. In a statement released by the police spokesman, Adewale Osifeso, the authorities confirmed the arrest of several individuals linked to the tragedy. Among those detained is Naomi Silekunola, the estranged wife of the Ooni of Ile-Ife, Oba Adeyeye Enitan Ogunwusi, alongside the school principal and five others. The event was reportedly held without obtaining proper approval or implementing essential safety measures. The police have launched a full-scale investigation to determine the cause of the incident and identify those accountable. Authorities have also assured the public that the organizers will face justice for any negligence leading to the devastating loss of lives. In a condolence message, the Oyo State Police Command extended sympathies to the victims’ families and vowed to ensure steps are taken to prevent similar tragedies in the future. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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An Opportunity for Traders to Compete, Learn, and Win Prestigious Prizes easyMarkets, a renowned global Forex and CFD broker, has launched the ‘Trade with the Champions’ competition, which runs from December 2, 2024, to January 15, 2025. Open to both new and seasoned traders, this competition offers a platform to test trading strategies, refine skills, and win exclusive prizes. This initiative underscores easyMarkets’ dedication to fostering growth and excellence within the trading community, creating a collaborative environment that prioritizes learning and recognition. Why Join the ‘Trade with the Champions’ Competition? A Unique Trading ArenaThe competition is a structured yet accessible way for traders to showcase their expertise while enjoying exclusive perks such as: These benefits ensure participants maximize their potential while maintaining financial flexibility. Skill Development and RecognitionAccording to Garen Meserlian, CMO of easyMarkets, “The ‘Trade with the Champions’ competition provides a unique arena for traders to challenge themselves, learn, and gain recognition. Our goal is to foster growth in a supportive and rewarding environment.” Exciting Prizes for Outstanding Traders The competition features a multi-tiered reward system that celebrates top-performing participants: Participants can sign up for the competition and explore the full details through the easyMarkets website. About easyMarkets Founded in 2001, easyMarkets is an award-winning global broker, recognized for pioneering risk management tools like free guaranteed stop loss, dealCancellation, Freeze Rate, and easyTrade. With over 275 tradeable instruments, tight fixed spreads, and dedicated 24/5 support, easyMarkets continues to innovate and prioritize client satisfaction. For inquiries about the competition, contact:Garen Meserlian, CMOEmail: [email protected]: +357 25 828899 READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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In a decisive operation, troops of the Multinational Joint Task Force (MNJTF), under Sector 1 in Mora, successfully defended the Darak military base in Cameroon against a coordinated assault by Boko Haram/ISWAP terrorists. The attack, which occurred in the early hours of December 18, 2024, was swiftly repelled, resulting in the elimination of 10 terrorists. According to Lt. Col. Olaniyi Osoba, Chief Military Information Officer, the terrorists launched a multi-directional assault at dawn. MNJTF troops responded with precision, neutralizing six attackers during the initial engagement and forcing the rest to retreat, many with severe injuries. In the aftermath, five soldiers sustained injuries and are currently receiving medical care. However, the troops maintained momentum, launching a follow-up operation that ambushed the fleeing terrorists near Mazogo, a village between Zamba and Djibirilli. Four additional terrorists were eliminated in the ambush, bringing the total neutralized to 10. Assorted supplies, including food items left behind by the attackers, were recovered during the operation. Lt. Col. Osoba emphasized that the success underscores the MNJTF’s commitment to eradicating terrorism and ensuring the safety of the region. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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The Oyo State Police Command has detained Mr. Abdullahi Fasasi, the principal of Islamic High School, Bashorun, Ibadan, following a tragic stampede during a children’s carnival held at the school. Reliable sources revealed that Fasasi was invited by the police on Wednesday evening and has been in custody since then. According to a family member who spoke under anonymity, the principal responded to the police invitation at approximately 4:00 p.m. but was subsequently detained at the Criminal Investigation Department (CID) in Iyaganku, Ibadan. The relative stated:“The principal, Mr. Abdullahi Fasasi, was invited to the police station around 4:00 p.m. yesterday and has been in detention since then. He has not been released.” Related Investigations In connection with the incident, the Oyo State Police Command has also invited two notable individuals for questioning: As of the time of this report, the police confirmed that neither Silekunola nor Hamzat has appeared for questioning. Police Public Relations Officer Adewale Osifeso stated:“We are yet to receive them for questioning. The public will be thoroughly updated as developments occur.” Tragic Incident at the Children’s Carnival The stampede, which occurred during the children’s carnival organized by Silekunola at Islamic High School, claimed the lives of several children. The devastating event has raised questions about the safety measures and crowd control strategies implemented during the event. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
