NEWS
FRAUD: Ovaioza Group Boss arrested for running a Ponzi scheme
The Nigeria Police has arrested one Imu Yunusa, 28, the CEO of Ovaioza Group of Companies, for allegedly being involved in a Ponzi scheme cum criminal breach of trust and cheating.
The suspect is reportedly co-owner of Ovaioza Farm Produce Storage Business (OFPSB), a company registered with CAC and very popular on social media. It deals with Farm products such as processing, storing, and distribution of Garri, plantains, etc.
She argues that having registered with the Corporate Affairs Commission (CAC), she was not aware that she was also required to register with the Securities and Exchange Commission (SEC).
Ovaioza Skills Acquisition Center (OSAC) and Relax & Chill are both co-owned by Ovaioza.
Ovaioza, who got married earlier in the year, is accused of scamming hundreds of people’s money running into billions of Naira.
Yunusa, who was arrested on Monday, April 18, and taken to the police headquarters, handled by the Force Criminal Investigations Department (FCID)
Yunusa is currently in police custody and will be transferred to the State Police Command on Tuesday, April 19, 2022, according to The Whistler.
Read Also >> Insecurity: COAS Say There Is Need To Identify, Track Sources Of Funding Of Insurgents, Bandits
Trouble started for Yunusa after she allegedly created a partnership plan for her business that guaranteed investors a 70-80% return on investment on her Facebook page.
Following the introduction of this scheme, she was able to gain the heart of many of her followers, with the investing and entrusting their money to her while keeping them up to date on their investments on her verified Facebook page, gaining more attention and confidence from potential investors.
Yunusa, shortly after the investment scheme blossomed was accused of leading a lavish lifestyle, after the company expanded into new sectors last year.
She is alleged to have bought a house in the US for $400K. She applied for Investment Visa to get her Green Card in the US which costs about $1Million.
She bought her Plaza in Abuja for N600M Investor and spent millions buying trucks, infrastructure, and some other things.
She also spent millions buying cars for her friends and doing reckless giveaways.
Ovaioza who offered investors a huge return on investment claimed to have bought a plaza in the nation’s capital for more than N500million.
The same property was put on sale for N500million on a trading website after it expired.
According to reports gathered by Biztellers, Ovaioza allegedly collected N3Billion from investors.
In March 2022, Yunusa was accused of mismanaging investors’ funds, after the company went bankrupt, resulting in her inability to pay investors a return on their investments.
She, via her Facebook post on Saturday, April 16, 2022, assured investors that their money would be returned.
She was allegedly planning to leave the country with her husband, David when the officers apprehended her in Abuja on Monday.
A tweet, @EstherIjewere alleged that some investors put in as much as N36 million in Ovaioza’s care.
“How she managed to fool people on Facebook should be studied. Ovioza scammed people to the tune of 3billion naira with her storage PONZI scheme. I’m all about women supporting women but this sister right here didn’t show love to other women. Some invested up to N36M!!!”
A secondary schoolmate of Ovaioza identified as Okey Aliyu shared some information about her while they were in high school.
In his words: “On Ovaioza, I want to share a secret I have kept away for long.
“I guess most of you didn’t know that I knew Ovaioza right from our secondary school days. Her closest friends then were Hrh Henry Prosper and Blessing Duru. The name
“wire wire” was given to her by our Biology teacher Mr. Joseph.
“I know she might have defaulted in her business but she is not as bad as most of you painted her truth be told. She has a good heart and was ever ready to give even from her last penny.
“Before we wrote our WAEC, she struggled to pay her school fees because according to some of her closest friends, they said she was from a poor home. But that didn’t discourage her from taking school seriously. We wrote JAMB in the same center back then at Okene Kogi state before we lost contact.
“When i saw her pulling weight a few years ago online, I quickly did underground research. I went to her house at Lugbe when I visited Abuja for a contract. She personally came to the airport to drive Hilary Knox and me to our hotel room… Ehhh, na story wey no happen I won dey share now… I no Sabi the ekperima ooo
Born Ovaioza Yunusa on December 30, 1993, in the Okene Local Government Area of Kogi State.
She studied Arabic and Islamic Studies at the College of Arabic and Islamic Studies in Okene.
Ovaioza also reportedly attended the School of Nursing And Midwifery in Nasarawa State and Bayero University in Kano State.
NEWS
‘They’ll Be Free Soon’ – DIG Gives Fresh Update on Abducted Oyo Pupils, Teachers
The South-West Coordinating Deputy Inspector-General of Police (DIG), Adegoke Fayoade, has reassured Nigerians that the abducted pupils and teachers in Oyo State will soon regain their freedom as security agencies intensify rescue operations.
Speaking during an official working visit to the Lagos State Police Command Headquarters in Ikeja on Monday, Fayoade expressed confidence that ongoing efforts by law enforcement agencies and government authorities would yield positive results in the shortest possible time.
According to him, all available resources are being deployed to secure the safe release of the victims, while security operatives remain focused on rescue efforts rather than engaging in discussions about ransom demands.
ALSO READ: Oyo APC Rejects LG Election, Says Makinde Wants to Rule by Proxy After Exit
“All agencies, including government authorities, are working tirelessly. I can assure Nigerians that within the shortest possible time, the children and their teachers will be free,” the DIG stated.
Fayoade dismissed reports suggesting that the abductors had altered their demands, insisting that the police were unaware of any negotiations involving ransom payments or the release of suspected accomplices.
“We do not discuss ransom. Our priority is ensuring the safe rescue of those in captivity,” he said.
The senior police officer explained that his visit to Lagos was part of a broader strategy to strengthen supervision across police commands in the South-West and engage officers on effective approaches to tackling emerging security threats.
He disclosed that discussions with officers centered on manpower development, welfare improvement, and operational efficiency.
Fayoade noted that the ongoing recruitment of 40,000 police personnel would help address manpower shortages across the country, while improved welfare packages would boost officers’ morale and effectiveness.
The DIG also highlighted the Nigeria Police Force’s commitment to adopting modern technology in crime fighting.
He revealed that efforts were underway to complete a central data centre that would enable security agencies to share intelligence and improve crime detection nationwide.
He added that the force was preparing to introduce artificial intelligence into criminal investigations and intelligence gathering to enhance policing and improve response times.
“Technology remains a major priority. Very soon, our officers will begin specialized training on the use of artificial intelligence in investigations and intelligence operations,” he said.
Fayoade further urged members of the public to cooperate with law enforcement agencies, stressing that effective policing requires mutual trust and respect between officers and citizens.
The assurance comes amid growing concern from parents and residents over the fate of the abducted pupils and teachers, with many hoping for a swift and safe resolution to the incident.
NEWS
UK PM Keir Starmer Resigns
British Prime Minister Keir Starmer announced his resignation on Monday after less than two years in office, in a term characterised by policy U-turns and deep public unpopularity.
“Every decision I have taken has been about putting the country I love first. That is why I will resign as leader of the Labour Party,” Starmer said as he choked up in an emotional speech outside 10 Downing Street.
Starmer said the process of picking a new leader for the centre-left party would be launched in July, and he would remain as prime minister until his successor is chosen, to be in place before parliament returns from the summer recess in September.
Starmer’s main rival, veteran politician Andy Burnham, is due to be sworn in as a member of parliament on Monday after winning a crucial special election on Thursday, allowing him to return to parliament and clearing his path to run for party leader.
“I will remain in post as prime minister until the contest is complete, and I will do everything I can to ensure an orderly handover of power,” Starmer added.
Until the weekend, Starmer had insisted he was going to fight on and remain as prime minister as he fought off challenges and calls to step down.
He has clung to that position for months after multiple scandals and high-profile resignations that piled the pressure on him and his Labour Party.
But Britain is now set to get its seventh prime minister in a decade.
Starmer’s widely anticipated announcement comes a day before the 10-year anniversary of the Brexit referendum, which triggered the UK’s exit from the European Union and an unprecedented churn of prime ministers.
Starmer has been credited with reshaping Labour into an election-winning party, which clinched a decisive victory in 2024, ending 14 years of Conservative rule.
But his term was derailed by missteps ranging from benefit cuts to criticism over defence spending plans.
ALSO READ: Osun Eyes $7.7 Trillion Halal Economic Strategy
He was nearly ousted in March over his ill-fated decision to appoint Peter Mandelson, a known associate of the late US sex offender Jeffrey Epstein, as the UK’s ambassador to Washington.
He has also struggled to fight off the rapid rise of the far-right, anti-immigration Reform UK party — which defeated Labour in local elections in May, further weakening Starmer’s position.
“I will also give my successor my full and unequivocal support, knowing that they will inherit a Britain that is far stronger and fairer than the one I inherited two years ago,” Starmer said in his resignation speech.
Courtesy – AFP
NEWS
Gunmen Kill Ex-Ogun State Broadcaster, Security Guard in Early Morning Attack
Gunmen have killed a former staff member of Ogun State Television, Mrs. Kitan Oyesiku, popularly known as “Aunty Kitan,” alongside her security guard in a violent early morning attack in Agodo community along the Abeokuta–Siun–Sagamu Expressway in Ogun State.
The incident, which occurred in the early hours of Sunday, threw residents of the area into panic and mourning as news of the killings spread across the community.
The victims were reportedly attacked inside their residence by unknown armed men who stormed the compound and carried out the operation before fleeing the scene.
SEE MORE: Midnight Horror in Kaduna: Gunmen Kill Nine, Injure 11 in Fresh Community Attack
The security guard on duty was also killed during the invasion.
The attack took place within the Abeokuta axis of Abeokuta, raising fresh concerns over insecurity in parts of the state.
The bodies of the deceased have since been deposited at the morgue of the State Hospital, Ijaiye, Abeokuta.
As of press time, the motive behind the attack remains unclear, while security agencies are expected to launch a full-scale investigation into the incident.
An anonymous source who spoke on the development said the incident was discovered after concerned church members went to check on the deceased when she failed to appear at church service.
The source said: “They had come around to check on Mrs Oyesiku when they did not see her in the church. On getting to her residence, they found out that the security officer had been killed, and they later also saw that the assailants had also killed Mrs Oyesiku. That was how they raised the alarm in the community.”
When contacted, the spokesperson of the Ogun State Police Command confirmed the incident and said an official statement would be issued after preliminary investigations.
Mrs. Oyesiku, a former broadcaster with the state-owned television station, was well known in media circles before her retirement.
Her death has sparked grief among colleagues, friends, and residents across Ogun State, as calls mount for improved security in the area.






