Obi Cubana May Still Be With EFCC

Abiola Olawale
Writer

Ad

OPEC Rejects Media Reports of Major Output Hike Ahead of G8 Meet

OPEC has slammed the brake on speculation, flatly rejecting media reports that the G8 is preparing to hike crude oil production by half a million barrels per day. In a statement from Vienna on Tuesday, the OPEC Secretariat called the claims “wholly inaccurate and misleading,” stressing that discussions among ministers for the upcoming meeting haven’t…

Ranked: Countries Losing the Most (and Least) from Trump’s Tariffs

Trump’s tariffs are hitting all of America’s major trading partners. But in U.S. trade, what matters isn’t just the tariffs a country faces—it’s how they stack up against competitors. This visualization, made with the Hinrich Foundation, shows which countries are losing the most, and the least, from Trump’s tariffs. The data seen here is sourced from…

Emergency in Rivers: Romancing impunity?, By Ebun Olu-Adegboruwa 

By Ebun-Olu Adegboruwa, SAN “I urge every Nigerian home and abroad to try and live within the confines of the law of the land and the Constitution of the Federal Republic of Nigeria. If we are able to do just that, we will be sure of ensuring that peace and unity reign in the country.…

Ad

Popular Nigerian businessman and socialite may still be in the custody of the Economic and Financial Crimes Commission (EFCC).

A source privy to the real situation disclosed this during an interview with a national newspaper.
The source said that Obi Cubana, who was arrested on Monday over alleged money laundering and tax fraud, was still being held by the anti-graft agency.

According to the source, the popular socialite was still being interrogated and would only be released when he has satisfactory responded to all the allegations against him.

“Obi Cubana has not been released, he is still having quality sessions with investigators over alleged money-laundering running into millions of naira and tax fraud.

“He will be released when he has satisfactorily responded to all questions relating to his involvement in various illegal deals. As part of investigation, his travel documents has been temporarily seized pending the conclusion of investigations,” the source reportedly said.

This is coming hours after news broke about the release of popular socialite from the custody of the EFCC.

On Tuesday, Instigator PH, an associate of Obi Cubana, who took to his Instagram page, claimed that the popular socialite had been freed.

“Thank u Jesus!! @obi_cubana is free. We gat Jesus!!! Dis Dance is for all my fans. I love u all,” Instigator PH posted.

Since the news of his arrest broke out, the EFCC has been conspicuously silent. The anti-graft agency is yet to issue an official statement on why the popular socialite was arrested.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp