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Abductors of Lagos trader demand ransom in dollars
- Release victim but vow to come back for balance
An abducted Lagos-based Igbo businessman, Timothy Uche, has regained freedom some days after his family was made pay ransom in dollars.
Uche, who deals in different kinds of electronics, was kidnapped in the Ejigbo area of Lagos State last Friday.
His abductors, a gang of four kidnappers, had waylaid him in the Iyana-Ejigbo area and fired several shots at his car. He waa dragged out of the vehicle and whisked away to an unknown destination.
The gunshots made everyone around the area, including tricycle riders, to scamper for safety.
It was gathered that as soon as he was taken away, his telephone lines were immediately switched off.
He could neither be reached through his lines nor did the kidnappers call any member of his family for over 48 hours.
It was learnt that after the incident was reported at the Ejigbo police station, the DPO deployed a tracking system which indicated that Uche had been taken away through Liasu and LASU roads.
His abductors later called Uche’s wife on Sunday and demanded N70 million naira ransom for the release of his husband.
Eventually, after a lot of plea, the kidnappers agreed to take N5 million.
While the family and friends of Uche were gathering the money, the captors placed a clause that the N5 million value must be converted to United States Dollars.
The family members started running around to raise the money and convert it to dollars.
News broke on Tuesday morning that Uche was released.
Uche narrated his ordeal to Credible News correspondent who visited him.
”I was kidnapped on Friday, March 10, 2023, around 9:30pm, when I closed from my shop situated on Ifoshi Road, close to Iyana Ejigbo, Lagos.
”On that fateful day, three armed men and a ‘pregnant woman’ shot sporadically at my car when I entered it to make a U-turn to pick up my children, who were still in the store waiting for me. The next thing I saw was people and tricycle riders running for safety. I was left alone at this point.
”They shot at the front, back, and sides of my car to ensure that I cannot escape. They even fired a bullet at my seat, which burned the upholstery of the seat but didn’t touch me. But to my greatest surprise, none of these bullets touched. At that point, the abductors whisked me away to an unknown destination.
”They drove through Egbe, Idimu, and Liasu roads to an apartment in the Ayobo area of Lagos State, where I was kept for three days. While I was struggling with them in their vehicle, they used knives on me and the gun which could not penetrate. ”There were bruises on me but the knives could not penetrate. I had bruises, but my clothes did not tear. One of them even cut through my signet but the knife could not enter me. If not God, who could have done it for me?
“For the three days, I spent in their custody, I was fed and medically treated.
“This is the third time these kidnappers have come for me. The last one was two months ago. While I was in the kidnappers’ den, one of them said they had been monitoring me since Monday of the same week.
“On Sunday, one of the kidnappers used my phone to call my wife, demanding N70 million in ransom. When they discovered that she could not raise the money, they agreed to N15 million, and when they observed that the money was not available, they requested N5 million, stressing that they would come for the balance later.”
Asked if those that kidnapped him were Igbo or Yoruba. Uche said they spoke in English each time they were together. “I also heard two or three of them communicating in the Igbo language at other times. I later found out that one of the kidnappers who dressed like a pregnant female is actually a male.
“But, before I was released, one of the kidnappers tapped at me where I was praying and said: ”It is okay, your prayers have been answered. Let us do what we want to do and leave here. But you must promise to give us the balance.’ They told me that they will still come back for me.’
“When the ransom was paid, I was blindfolded by my abductors, who dropped me somewhere at Ayobo on Tuesday, where my family members came to pick me up. My phone is presently with the kidnappers.”
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From One Goat to a Global Empire: Dino Melaye’s Inspiring Journey to Financial Freedom
From One Goat to a Global Empire: Dino Melaye’s Inspiring Journey to Financial Freedom
Former Nigerian Senator Dino Melaye has shared the remarkable story of how a single goat he purchased at age 12 funded his education from secondary school through university—and ultimately launched him on a path to international investment success that spans three continents.
The former Kogi West senator made the revelation during an appearance on the KAA Truths podcast on Thursday, August 14, 2026, where he opened up about his journey from humble beginnings to acquiring a diversified portfolio of businesses, shares, and properties across Qatar, Oman, the United Arab Emirates, the United States, and Sweden .
Melaye’s story begins in childhood, long before his political career. At just 12 years old, he made a modest yet strategic purchase—a single goat. That goat reproduced, and Melaye sold its offspring to fund his education. What started as a small animal investment snowballed into a financial lifeline that carried him through secondary school and into higher education.
“At the age of 12, I bought a goat. And this goat would give birth, and I would sell the offspring of the goat to pay my school fees in secondary school. From the offspring of that goat, I paid for my WAEC, paid for my JAMB, I paid for my first year and second year in Ahmadu Bello University,” Melaye recounted .
The returns from that single goat covered not only his secondary school fees but also his West African Examinations Council (WAEC) examination fees, his Joint Admissions and Matriculation Board (JAMB) registration, and his tuition for the first two years at Ahmadu Bello University, Zaria—where he graduated with a degree in Geography in 2000 . He later obtained a law degree from Baze University in 2021 .
Melaye’s investment instincts did not stop with the goat. At age 18, he began investing internationally, purchasing shares in some of the world’s most prominent companies, including Apple, Microsoft, Uber, and Zoom . He recalled that his friends initially ridiculed his decision to buy Uber shares, but those same investments have since delivered substantial returns.
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- 19-Year-Old Housewife Arrested for Allegedly Poisoning Husband 40 Days After Wedding
- Oyinlola Denies Adeleke’s Car Gift Claim: “Osun Govt Gave Me the Car, Not You”
- Tinubu Rejects Blame Game, Vows to Revive Refineries with Profitability Focus
“When I bought my Apple shares, I bought Microsoft too. When I bought shares in Uber, my friends were laughing at me: ‘Uber, what’s wrong with you?’ Today, I know what it is. When I also bought some shares in Zoom, people were laughing at me, then COVID came, and Zoom went up 400 per cent. So just ask God for direction,” Melaye said .
In addition to equities, Melaye disclosed that he purchased Eurobonds approximately 27 years ago when the euro was trading at about N60. He left the investment untouched and consistently reinvested the dividends, allowing the value to compound significantly over the decades .
The former senator also ventured into franchise businesses in the United States over 20 years ago. He began with a single outlet and expanded steadily over time .
“When I started investing in franchise businesses in America over 20 years ago, I started with one, one gave birth to two, two gave birth to three, three to four,” he said .
Melaye’s real estate journey is equally impressive. He started in Dubai by purchasing studio apartments and renting them out through Airbnb. From studios, he progressed to one-bedroom units, then two-bedroom apartments, and eventually purchased his own house on one of Dubai’s most expensive streets—a duplex in a prominent Downtown Dubai tower .
“When I started in Dubai, I began by buying studios and giving them out for Airbnb. From studios I bought a one-bedroom, from one bedroom I bought two bedrooms, from two bedrooms I bought my own house, in Downtown Dubai, on the most expensive street of Dubai, the first duplex in a tower,” he said .
Today, Melaye has transitioned from being a property owner to a property developer. “I don’t just have a portfolio of apartments in Dubai, I’m a developer. I’m building,” he stated .
Addressing critics who attribute his wealth solely to his time in political office, Melaye pointed out that he has been out of public office since 2019—seven years ago—yet his financial standing has not diminished .
“I’ve been out of public office since 2019. Seven years ago, my standards have not dropped. Definitely, you know there’s a second address,” he said .
He also claimed that he has never secured a government contract at either the federal or state level .
Melaye took time to distinguish between being rich and being wealthy, offering a perspective that resonates with aspiring investors .
“The difference between richness and wealth is that when you’re rich, you’re working for money, you go to work from 9 to 5, you have to attend meetings, you’re rich, but you’re working for money. But when you’re wealthy, money works for you,” Melaye explained .
He urged young Nigerians to develop the habit of investing, regardless of the amount available to them. “You don’t need trillions, millions, or hundreds of thousands to start investing — however small, start it,” he said .
Melaye attributed his financial journey to having a clear vision, remaining committed to it, and believing in divine favour. “I came from a very lowly background, but God, in his infinite mercy, out of his grace, out of divine favour, I am where I am today. And I should not be ashamed of it,” he reflected .
He also advised Nigerians to embrace discipline, hard work, tenacity, and sound decision-making. “Just be sincere with yourself. Believe in the supremacy of God over the universe. Be hardworking, be tenacious, make the right decisions, and have a second address,” he counselled .
Melaye, who served in the Senate from 2015 to 2019 representing Kogi West Senatorial District, has had a political career marked by both legislative achievements and controversies . His journey from a single goat to a global investment portfolio serves as a powerful testament to the virtues of early financial planning, consistent reinvestment, strategic risk-taking, and diversified asset allocation—lessons he hopes will inspire young Nigerians seeking financial independence.
From One Goat to a Global Empire: Dino Melaye’s Inspiring Journey to Financial Freedom
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19-Year-Old Housewife Arrested for Allegedly Poisoning Husband 40 Days After Wedding
19-Year-Old Housewife Arrested for Allegedly Poisoning Husband 40 Days After Wedding in Bauchi
Bauchi State Police have taken a 19-year-old woman into custody following allegations that she poisoned her husband’s meal less than six weeks into their marriage, in a case that has stunned the local community. Aisha Musa, a newlywed residing in Gwamma Village, Bauchi Local Government Area, was arrested on August 12, 2026, after she allegedly mixed a toxic substance into her husband’s food—barely 40 days after their wedding ceremony.
According to police reports, the incident unfolded at approximately 3:15 PM when Musa reportedly introduced the poison into the meal she had prepared for her spouse. The husband, whose identity has been withheld for privacy reasons, consumed the food and subsequently fell seriously ill. He was immediately rushed to the Abubakar Tafawa Balewa University Teaching Hospital (ATBUTH) in Bauchi, where medical staff confirmed he is now in stable condition and responding to treatment.
The alarm was raised by an anonymous female caller from the Wunti Dada area of Bauchi, who contacted the police around 7:40 PM on the same day. Officers from the ‘C’ Division, Tafawa Balewa Estate, swiftly mobilized to the scene, evacuated the victim, and arrested the suspect without incident.
READ ALSO:
- Oyinlola Denies Adeleke’s Car Gift Claim: “Osun Govt Gave Me the Car, Not You”
- Tinubu Rejects Blame Game, Vows to Revive Refineries with Profitability Focus
- Scores of Terrorists Killed, 60 Arrested in Nationwide Military Operations
During initial interrogation, Musa allegedly confessed to the crime, admitting that she had intentionally mixed the poisonous agent into her husband’s meal. Investigators have since recovered key pieces of evidence, including an empty bottle believed to have contained the poison and remnants of the contaminated food, both of which have been registered as official exhibits.
The Commissioner of Police, CP Sani-Omolori Aliyu, has ordered that the case be transferred to the State Criminal Investigation Department (SCID) for a more comprehensive probe into the circumstances and motive behind the alleged act. The police have assured the public that the suspect will be charged in court as soon as investigations are concluded.
While the motive remains unclear, the case has drawn significant attention to domestic incidents involving young brides and has reignited conversations about gender-based violence, mental health support, and early marriage in the region. Community leaders have called for a fair and thorough investigation, urging both families to allow the legal process to take its course.
The police continue to appeal to the public for any additional information that may aid the investigation, reaffirming their commitment to ensuring justice for all parties involved.
19-Year-Old Housewife Arrested for Allegedly Poisoning Husband 40 Days After Wedding
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Scores of Terrorists Killed, 60 Arrested in Nationwide Military Operations
Scores of Terrorists Killed, 60 Arrested in Nationwide Military Operations
In a major coordinated offensive against terrorist networks, troops of the Nigerian Army have bombed scores of terrorists, arrested a high-profile operative linked to notorious terrorist leader Dogo Gide, and detained 60 suspected collaborators in separate intelligence-led operations across the country. The operations, recorded between August 12 and 13, 2026, also led to the recovery of weapons, military uniforms, and other items, according to military authorities. The Theatre Command, Joint Task Force North West, Operation Fansan Yamma, launched Operation Clean Sweep IV, a coordinated ground and air offensive aimed at intensifying pressure on terrorists and armed criminal elements across the region. The Media Information Officer, Lieutenant Colonel Aliyu Danja, said the operation brings coordinated ground and air actions to bear on identified threats across the North Western States, with the objective of degrading terrorist capabilities, disrupting their movements and logistics, and denying them the opportunity to establish footholds within Nigerian communities.
In Kaduna State, troops of 4 Demonstration Battalion arrested a suspected ISWAP operative at Kadage Check Point while he was allegedly conveying seven pairs of sewn foreign camouflage uniforms to a terrorist camp. Preliminary interrogation revealed that the suspect was a close confidant of Dogo Gide and had been supplying logistics to him, indicating the deep-rooted network of support that enables terrorist operations in the region. Troops recovered 23 yards of foreign camouflage material, two mobile phones, three ATM cards, and an identity card from the suspect, providing valuable intelligence for ongoing operations. The arrest of this high-value target is expected to disrupt supply chains to terrorist camps and weaken the operational capabilities of Dogo Gide’s network.
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- Keyamo Issues One-Week Ultimatum to Airlines Over Debt Repayment Plans
- [ICYMI] How Nigerian Medical Doctor Was Promoted to Captain in US Army
In Adamawa State, troops of 226 Battalion, supported by hunters, raided a motor park in Gombi following intelligence on suspected terrorist collaborators allegedly disguising themselves as menial workers and hawkers. The operation led to the arrest of 60 suspects, who are currently being held for further investigation. This follows similar operations in the region, including the recent arrest of a 43-year-old suspected collaborator in Mubi South, Adamawa State, demonstrating the military’s sustained efforts to dismantle support networks for terrorist groups. The arrests send a strong message that those who provide support to terrorists, whether through logistics, shelter, or information, will face the full weight of the law.
In Katsina State, troops of Sector 2 conducted a clearance operation on August 12 around suspected terrorist enclaves in Dutsinma Local Government Area. The operation mounted significant pressure on the terrorists, compelling them to abandon their positions and withdraw into surrounding bushes, while clearance operations are ongoing in the general area. In Zamfara State, the Air Component of Operation Fansan Yamma conducted precision strikes on terrorists who had converged on motorcycles in Anka Local Government Area. The strikes reportedly neutralised scores of terrorists and forced survivors to abandon their motorcycles and flee into surrounding bushes, with air assets subsequently locating and engaging the fleeing terrorists. Troops of 1 Brigade also recovered an RPG bomb during a patrol around Tunga-Jambako in Maradun Local Government Area following an earlier terrorist ambush, highlighting the ongoing threat posed by terrorist elements in the region.
In Benue State, troops of Operation Whirl Stroke arrested five suspected terrorists during operations in Chito, Jootar, and Ikyior in Ukum Local Government Area. The troops destroyed the suspected enclaves and recovered two motorcycles and two locally fabricated guns, dealing a significant blow to terrorist operations in the state. The military also intercepted five women and seven children suspected to be family members of terrorists in Mafa Local Government Area of Borno State, with the group reportedly escaping from a terrorist enclave in Gazuwa Camp. Similarly, six male children were intercepted at Ajiri after reportedly escaping from Murofari Village following clashes between rival terrorist groups, indicating the internal conflicts and fragmentation within terrorist networks. In a related operation, troops of Operation SAVANNAH SHIELD foiled an advance by terrorists from Zamfara into Niger State, recovering an AK-47 rifle and 398 rounds of ammunition after following credible intelligence on the movement of terrorists riding about 200 motorcycles towards Inana Village in Rijau Local Government Area of Niger.
Danja said a major component of Operation Clean Sweep IV was the effort to contain and dismantle the Lakurawa terrorist network across the theatre. The Lakurawa group has deeper Sahelian roots in the Mali–Niger border region and emerged in northwestern Nigeria between 2016 and 2018 as a community self-defence force before transforming into a violent extremist group that imposes its own interpretation of Islamic law on communities it controls. “The operation is designed to prevent the infiltration and reinforcement of Lakurawa elements into Nigeria while denying the group the opportunity to exploit border areas as corridors for movement, logistics and the establishment of enclaves,” he said. The operation further seeks to block the activities of terrorist elements operating around the River Niger axis and the Kainji Lake National Park, thereby preventing them from using the area as a platform for projecting violence into adjoining communities and other parts of the North West. “The launch of Operation Clean Sweep IV underscores the proactive and sustained posture of Operation Fansan Yamma in confronting evolving terrorist threats across the region. The Theatre remains resolute in protecting civilian communities, securing Nigeria’s territorial integrity and denying terrorist elements the opportunity to regroup, reinforce or establish operational footholds,” Danja said.
Scores of Terrorists Killed, 60 Arrested in Nationwide Military Operations
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