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EFCC Chairman Says Naira Redesign May Strengthen Currency to N200/$1

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The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has said the dollar may appreciate to N200 after the redesign of naira notes.....KINDLY READ THE FULL STORY HERE▶

We quoted Bawa to have said this in an interview with the Hausa service of Deutsche Welle (DW) on Wednesday.

On October 26, Central Bank of Nigeria Governor, Godwin Emefiele, had announced the plan to redesign the N200, N500 and N1,000 denomination of the country’s currency to control money supply and aid security agencies in tackling illicit financial flows.

Bawa commended President Muhammadu Buhari for approving the naira redesign policy.

“The law says the redesigning of naira notes should be done every eight years but we spent 20 years without any changes on them,” Bawa said.

“And that resulted in 85 percent of money in circulation not in banks. When CBN came up with this redesigning, the dollar moved to N880 and later dropped to N680 or thereabouts. So, you see with this redesigning, dollar may massively fall, who knows probably to N200.”

Bawa also denied reports that the action was intended to destroy opposition groups in Nigeria ahead of the 2023 general elections.
“Does just the opposition vote in elections?”
Everyone votes in elections, and there is no political motivation behind this; some people skimmed and hid public monies, which is why we want them to come out,” he stated.
“And nobody says they can’t bring them; the government says they can deposit such money in banks.”
The EFCC chief urged Nigerians to disclose anyone with concealed money to the commission and promised whistleblowers a 5% reward.
“We tell Nigerians that we are always ready to accept reports of any person with suspicious concealed money, and if the reports are verified and confirmed to be real, we would give them 5% of the money,” Bawa stated.

Meanwhile, the EFCC recently arrested an alleged currency speculator in Abuja as part of its continuing campaign to clean up the foreign exchange industry.

Crime

BUS STOP BANDITS: Notorious Couple Who Drugged And Robbed Passengers Finally Caged by Police!.

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  • The Stupefying Heist: On September 18, 2026, a passenger on a Dreamline bus from Nairobi to Mombasa was allegedly drugged into unconsciousness by the person seated next to him, waking up later in Tudor Sub-County Hospital without his belongings[cite: 43, 44, 45].....KINDLY READ THE FULL STORY HERE▶

    • Forensic Breakthrough: Detectives from Makupa Police Station immediately launched an investigation, following forensic leads that led them to a residence in Magongo[cite: 46].

    • The Magongo Bust: In a raid on the home, police arrested a married couple, Pius Paskale Frugenze (52) and Redempta Revelian Kuleta (47), both Tanzanian nationals[cite: 47].

    • The Evidence Trove: A search of the suspects’ house yielded the victim’s stolen HP laptop and iPhone 17 Pro Max, along with a massive cache of suspected stolen goods, including multiple phones, chargers, watches, wallets, and clothing[cite: 48, 49].

    • Drugging Materials Found: Crucially, detectives also recovered substances suspected to be the stupefying drugs used in the robbery[cite: 49].

    • Suspects Caged: The couple is currently in police custody awaiting arraignment, while all recovered items have been detained as exhibits[cite: 50].

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Crime

“SHE CAME TO ME IN A DREAM”: Shocking Confession As Woman Ends Co-Wife’s Life Over Dream Dispute!.

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  • Shocking Confession: Bauchi housewife Hauwau Haruna, 35, has confessed to the murder of her co-wife, Jamila Adamu, whom she had lived with for 16 years[cite: 36, 37].....KINDLY READ THE FULL STORY HERE▶

    • Fatal Delusion: Hauwau told police she bludgeoned Jamila to death with a pestle on Sunday, September 27, 2026, claiming the victim had been appearing in her dreams attempting to kill her and her children[cite: 36, 38, 39].

    • Metamorphosis Claim: The assailant alleged that Jamila appeared to her in a dream as a “cat” on Sunday. After striking the dream-cat with a food flask, it reportedly transformed into her co-wife standing outside, at which point Hauwau grabbed the pestle and attacked her until she died[cite: 38, 39].

    • Attempted Escape: Following the killing, Hauwau fled the scene with her newborn twins, intending to drop them with her mother before turning herself in at a police station. She was apprehended before she could surrender[cite: 36, 40, 41].

    • Dismissed Warnings: Hauwau stated she previously reported the disturbing dreams to her husband, Alhaji Abdullahi Ibrahim, but he dismissed her concerns. All attempts to reach him for comment have been unsuccessful[cite: 36, 42].

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“SHE DIED IN HIS ARMS!” – ENUGU MAN ARRESTED IN SHOCKING ALLEGED MURDER OF HIS GIRLFRIEND.

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The Enugu State Police Command has arrested 30-year-old Okpara Emmanuel in connection with the alleged murder of his girlfriend, Chinyere.....KINDLY READ THE FULL STORY HERE▶

The suspect, a resident of Olympic Layout, One-Day, Enugu, was apprehended by operatives from the Awkunanaw Police Division after being rescued from an angry mob.

Key details of the tragic incident include:

  • Discovery of the Crime: According to police spokesperson SP Daniel Ndukwe, Emmanuel allegedly killed Chinyere on September 19 following an argument. He then wrapped her body in nylon and concealed it inside his apartment’s toilet.

  • Neighbours’ Intervention: The decomposing body’s foul odour eventually alerted neighbours, who forced their way into the apartment and detained the suspect before authorities arrived.

  • Suspect’s Confession: During preliminary interrogations, Emmanuel reportedly confessed that the fatal dispute stemmed from an argument over who infected each other with HIV, during which he allegedly struck her on the head with a pestle.

  • Next Steps: The victim’s remains have been moved to a mortuary for an autopsy and preservation, while the State Criminal Investigation Department—under the directive of Commissioner of Police Mamman Bitrus Giwa—has launched a full investigation for prosecution.

  • Police Advice: Authorities have urged members of the public, especially young women, to exercise caution and always inform trusted friends or family of their whereabouts when visiting others.

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