NEWS
NDLEA detained socialite, Obi Cubana, for hours over alleged drug links
The National Drug Law Enforcement Agency recently grilled popular socialite, Obi Iyiegbu, better known as Obi Cubana, for his alleged link to the illegal narcotic business.
The PUNCH reports that Iyiegbu, who is the Chairman, Cubana group of companies, was grilled for about five hours at the Abuja headquarters of the NDLEA before he was granted bail and asked to return at a future date.
Impeccable sources told our correspondent that suspicious payments were made into Cubana’s account by three convicted drug dealers from Malaysia, Nigeria and India.
Operatives of the NDLEA and the Economic and Financial Crimes Commission have now widened the probe into Cubana and his business network based on the premise that he may be involved in the drug business.
“Obi Cubana arrived at the NDLEA office around 9am and responded to questions for some hours before he was granted bail at 2pm. There are suspicions that he may be a drug kingpin. Some convicted drug dealers paid funds into his account.
“We have been able to establish three of such payments. One of the persons that paid money into his account was convicted in Kuala Lumpur, Malaysia; another one that was convicted in New Delhi, India; also paid money into his account while a third person that was arrested at the Murtala Muhammed International Airport, Lagos and convicted in 2017, also paid money into Cubana’s account,” said a source.
The socialite was allowed to go home in order to get some documents which would be presented to the NDLEA.
Cubana who has been in the nightclub business since 2006, grabbed international headlines last July when he organised a lavish funeral for his mother, Ezinne Iyiegbu, in Oba, Idemili South local government area of Anambra State.
The event attracted several entertainers and renowned politicians from across the country including embattled Nigerian super cop, Abba Kyari. Other entertainers that graced the event include- Davido, D’banj, Kcee, Poco Lee and Ubi Franklin/ The guest list also had Nollywood stars and early callers like Kanayo O. Kanayo, Alex Ekubo and Williams Uchemba.
But the highlight of the event was the ostentatious display of wealth as evidenced by the donation of about 400 cows to Cubana as well as the ‘naira rain’.
In what seemed like a bid to outdo one another, Cubana’s associates sprayed him with bundles of new naira notes. In one of the videos that went viral, two guests were seen having a playful cash fight as they threw wads of money at each other, while other guests laughed.
In another viral video, wads of N50, 000 are thrown at Cubana while he juggles them like a football. The event became the most talked about party of 2021 as it trended on social media for several months. After the funeral, Cubana continued to show off his wealth, posting photographs of his trips to exotic locations on private jets.
As his celebrity status blossomed, he was honoured by several dignitaries. In October last year, he was a guest at the Nigerian Army Resource Centre to launch a book titled, ‘ Leadership Principles for Junior Commanders in the Military’ authored by Col. Chukwu Obasi.
He also built a church, The Good Shepherd Anglican Church in his hometown late last year.
When questions about the source of his wealth began to crop up, Cubana told the BBC that he came to Abuja for his National Youth Service Corps programme in 1999 and served at the National Assembly.
He said he went into the real estate business where he got a contract to furnish houses. The socialite added that he got a contract with the Pipelines and Product Marketing Company and later ventured into the hospitality sector where he has made billions of naira.
The 46-year-old has since opened branches of Cubana club in about five states including Imo, Lagos, Rivers, Enugu and Abuja. But the authorities were not satisfied with his explanation.
Cubana, who had hitherto kept a low profile, subsequently became a subject of investigation by the Nigerian government.
In November 2021, he was detained by the EFCC for three days as part of investigations into alleged money laundering, tax fraud and other financial crimes before he was released with a condition that he would continue to report back for questioning.
Other associates of the socialite who have been questioned by the authorities for their flamboyant lifestyle include: Pascal Okechukwu, popularly known as Cubana Chief Priest; and the Chairman, Five Star Group, Emeka Okonkwo aka E-Money.
NEWS
Adeleke Settles Late Public Servants’ Next of Kin
Osun State Governor, Senator Ademola Adeleke has disbursed a total of Two Hundred and Four Million, Two Hundred and Seventy-five Thousand, two hundred and nine naira and eighty kobo (N204,275,209.80) to the next of kin of all staff who died in active service.
According to a government house statement in Osogbo on Monday, the disbursement covers all those, whose documentations have been completed in the Pension Office.
It added that the disbursement was made up of One Hundred and Twenty-Five Million, Six Hundred and Thirty-One Thousand, Eighty-Three Naira, Forty-Five Kobo (#125,631,083.45) for the State level beneficiaries and Seventy-Eight Million, Six Hundred Fort-Four Thousand, One Hundred and Twenty-Six Naira, Thirty-Five Kobo (#78,644,126.35) for Local Government level beneficiaries.
It was gathered that from 2023 to date, the administration had paid a total of Eight Hundred and Eighty-two Million, Seven Hundred and Fifty-Two Thousand, Seven Hundred and Seventeen Naira, Fifty Kobo (₦882,752,717.50) to a total of One Hundred and Eighty-Four (184) beneficiaries across the entire gamut of the public service.
Under the personal accident insurance scheme, the administration had approved and released a total of One Billion, Eight Hundred and Sixty-Six Million, Seven Hundred and Nineteen Thousand, One Hundred and Twenty-Three Naira, Fifteen Kobo (₦1,866,719,123.15) being the outstanding claims of the Five Hundred and Sixty-three (563) beneficiaries covering September 2013 to 1st of August 2023.
The sharing of cheques for the new beneficiaries was held today at Osogbo with the Head of Service, Elder Ayanleye Aina representing the state governor.
In the address of the governor presented by the Head of Service, Governor Adeleke reiterated that his commitment to workers and pensioners’welfare remain unshaken despite the financial challenges facing the state, adding that “what my predecessor failed to implement is what I am executing now.
“When we stated clearly in our 5 – point Action Plan, our desire to make the welfare of the workforce and the pensioners No. 1 priority, our detractors made jest of us, describing the pledge as an impossibility. Today, to the glory of God, we have made significant progress as a talk and do administration”, the governor noted.
He explained that the Group Life Assurance Policy, under the Contributory Pension Scheme (CPS) 2008, Section 15, is designed to cater for death-in-service benefits for Osun State workforce, describing the refusal of the previous government to commit to its settlement as inhumane and uncharitable.
ALSO READ: DIL Named Africa’s Most Admired Brand for 8th Consecutive Year
The governor faulted the previous administration for foisting and condoning irregularities in the payment of Premium to the Insurance Company for the settlement of claims to the beneficiaries.
To correct the anomalies, Governor Adeleke said his administration approved the engagement of VALANIS Insurance Brokers Ltd., as the lead Broker while Capital Express Assurance Plc was engaged as the Lead Insurance Underwriter in August 2023.
“Since then, my Administration had paid a total of Eight Hundred and Eighty-two Million, Seven Hundred and Fifty-Two Thousand, Seven Hundred and Seventeen Naira, Fifty Kobo (₦882,752,717.50) to a total of One Hundred and Eighty-Four (184) beneficiaries across the entire gamut of the public service.
“It is also heartwarming that the Insurance Company has added another package known as Personal Accident Insurance (PAI) to the Group Life Assurance Scheme for the State Workforce, which is a free package. Under this package, each officer of the workforce, no matter the Grade Level, is entitled to a sum of One Million (N1,000,000.00) Naira only, for the payment of Medical Expenses for all accidents resulting in bodily injuries.
“This new addition is no doubt a reflection of my commitment to the welfare of all staff in the Public Service. Three (3) of our insured workers had benefitted from this policy to the tune of millions naira.
“As an advocate of politics without bitterness and as one who is committed to the welfare of the entire workforce, dead or alive, I have approved and released a total of One Billion, Eight Hundred and Sixty-Six Million, Seven Hundred and Nineteen Thousand, One Hundred and Twenty-Three Naira, Fifteen Kobo (₦1,866,719,123.15) being the outstanding claims of the Five Hundred and Sixty-three (563) beneficiaries covering September 2013 to 1st of August 2023.
“This was what our predecessors failed to do thereby making life difficult for the beneficiaries.
“Despite our present financial challenges, we have continued to fulfil our electioneering campaign promises on staff welfare and funding of the pension industry.
“This morning, cheques of Two Hundred and Four Million, Two Hundred and Seventy-five Thousand, two hundred and nine naira and eighty kobo (N204,275,209.80) will be distributed to the beneficiaries. This made up of One Hundred and Twenty-Five Million, Six Hundred and Thirty-One Thousand, Eighty-Three Naira, Forty-Five Kobo (#125,631,083.45) for the State level beneficiaries and Seventy-Eight Million, Six Hundred and Forty-Four Thousand, One Hundred and Twenty-Six Naira, Thirty-Five Kobo (#78,644,126.35) for Local Government level beneficiaries”, the governor told the elated beneficiaries.
Responding on behalf of other beneficiaries, Alhaji M.K. Bello, a retired Director of Administration, commended Governor Ademola Adeleke for approving the reorganisation and disbursement of the cheques, describing the Governor as God-sent.
According to him, “the holistic attention to workers’ Welfare by Governor Adeleke is unprecedented in the history of Osun governance”, adding “we are grateful”.
NEWS
DIL Named Africa’s Most Admired Brand for 8th Consecutive Year
Dangote Industries Limited (DIL) has reinforced its position as Africa’s most influential corporate brands after emerging as the continent’s Most Admired African Brand for the eighth consecutive year.
In the same vein, its Group Chief Branding and Communications Officer, Anthony Chiejina, was named among Africa’s 100 Most Influential Chief Marketing Officers.
The recognition was announced at the 16th annual Brand Africa 100: Africa’s Best Brands rankings unveiled in Addis Ababa, Ethiopia. The survey, regarded as Africa’s most comprehensive consumer-led brand study, covered 30 countries representing more than 85 per cent of the continent’s population and economic output.
In the latest rankings, the DIL emerged as Africa’s Most Admired Brand in aided recall, ahead of South Africa’s MTN and Vodacom. In the spontaneous recall category, it ranked second among African brands, behind MTN and ahead of Trade Kings.
The Group also retained its position as Africa’s Most Admired Industrial Brand and was ranked the No. 1 African Brand Contributing to a Better Africa, ahead of MTN, DStv, Shoprite/Checkers and Trade Kings, reflecting its significant contribution to industrialisation, job creation, economic development and sustainable growth across the continent.
The rankings show Dangote’s growing influence as one of Africa’s most recognisable corporate brands, built on investments spanning cement, fertiliser, petrochemicals, energy, sugar, salt, packaging and logistics.
Brand Africa noted that despite a modest rebound in African brand recognition, homegrown brands still account for only 15 per cent of Africa’s 100 most admired brands, highlighting the continued dominance of foreign brands across the continent.
Brand Africa Founder and Chairman, Thebe Ikalafeng, described the promotion and support of African brands as a critical economic imperative for the continent.
“Converting goodwill towards African contribution into admiration for African brands is the most urgent commercial opportunity for the continent. It is not enough for Africans to believe in Africa, they must buy Made-in-Africa,” he said.
ALSO READ: Foreign Training Induced Industrial Action Engulfs NUPRC
The survey also ranked Dangote among Africa’s leading brands in sustainability and social impact, placing second in the category of brands recognised for doing good for society, people and the environment.
Despite the dominance of global brands across Africa, Dangote has cemented its position as one of the continent’s leading corporate brands, alongside MTN and Ethiopian Airlines.
The three emerged as the highest ranked African brands in the 2026 Brand Africa rankings, standing out on a list dominated by global names such as Nike, Adidas, Samsung, Apple and Coca-Cola. The achievement is notable given that African brands accounted for just 15 per cent of the Top 100 rankings, compared with 38 per cent for European brands, 28 per cent for North American brands and 19 per cent for Asian brands.
Further strengthening the Group’s standing, its Group Chief Branding and Communications Officer, Anthony Chiejina, was selected for the inaugural Africa CMO 100 (ACMO100) list, which recognises the continent’s most impactful marketing, brand and reputation leaders.
The ACMO100 initiative, launched by Brand Africa in partnership with African Business magazine, MIPAD and the African Media Agency, honours marketing executives whose work is shaping Africa’s business narrative, strengthening brand equity and driving economic growth across the continent and the diaspora.
Chiejina was among only 20 executives selected from West Africa and one of 17 Nigerians recognised for their contribution to brand building, corporate reputation management and strategic communications.
According to Brand Africa, the selection process was based on independent research, industry impact, leadership influence and contribution to the growth of brands that shape consumer perceptions and economic outcomes across Africa.
The latest recognition adds to a growing list of honours for Dangote Industries, which was inducted into the Brand Africa Hall of Fame last year for consistently ranking among Africa’s most admired brands over more than a decade. Its President and Chief Executive, Aliko Dangote, was also honoured with a Lifetime Achievement Award for championing industrialisation and building one of Africa’s most successful indigenous enterprises.
NEWS
Foreign Training Induced Industrial Action Engulfs NUPRC
Persistent disagreements involving foreign training placements have escalated to trade disputes with the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), shutting down the operations of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which forced the regulator to suspend operations nationwide.
Members of the PENGASSAN blocked entrances and halted administrative functions, demanding clarity on training allocations and alleging favoritism in who was chosen for overseas programmes.
It was gathered that the PENGASSAN embarked on an indefinite nationwide strike, shutting down all commission offices across Nigeria, because of a dispute over foreign training.
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The industrial action, which commenced on Monday, led to a total shutdown of regulatory activities at NUPRC headquarters in Abuja and all field offices nationwide, effectively grounding administrative and operational functions of the upstream petroleum regulator.
Sources familiar with the development said the strike followed the breakdown of negotiations between the union and management over the handling of staff training programmes, particularly the commission’s position that capacity-building should be conducted locally rather than through overseas training.
According to the sources, management had insisted that training programmes particularly for Factory Acceptance Test for Positive Displacement (PD) Meters be domestically delivered within Nigeria to reduce cost and strengthen local institutional capacity, a stance the workers reportedly rejected.
A security source said that representatives of the parties are presently meeting at the office of the National Security Adviser where a resolution will likely be reached today.





