TROOPS ARREST SUSPECTED KIDNAPPER, RECOVER AK-47 RIFLE ALONG BENIN–SAPELE ROAD. (PHOTO). #PRESS RELEASE

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 TROOPS ARREST SUSPECTED KIDNAPPER, RECOVER AK-47 RIFLE ALONG BENIN–SAPELE ROAD Troops of 4 Brigade Nigerian Army, Operation WABAIZIGAN, have arrested a suspected kidnapper and recovered an AK-47 rifle and ammunition during a targeted operation along the Benin–Sapele Road in Ikpoba-Okha LGA of Edo State. The suspect, identified as Olamide Oyeniyi, was arrested on 12 September 2026 at Obaretin Community by troops conducting operations to disrupt criminal activities and safeguard major transportation routes within the area. Items recovered from the suspect include one AK-47 rifle, one magazine and eight rounds of 7.62mm Special ammunition. Other items recovered are one Tecno mobile phone, two bags, one torchlight, one music box and assorted charms. The suspect and recovered items are currently in troops’ custody for further investigation, while efforts are ongoing to establish his links to other criminal elements and determine his possible involvement in kidnapping and related activi...
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I ONCE NEARLY TOOK MY LIFE- BILLIONAIRE FEMI OTEDOLA'S BEST KEPT SECRET.(PHOTO).

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I once nearly took my life — Billionaire Femi Otedola's best kept secret


11th Jul 2023 


Nigerian billionaire, Femi Otedola, has revealed that he almost committed suicide after losing $480 million in the diesel market in 2008.


He spoke about his depressive episode during his business partner Akin Akinfemiwa’s 50th birthday celebration in London.


According to a Nairametrics, Otedola revealed how instrumental the celebrant was to him getting through the depressive episode that struck him after losing the money.


In his words: “My relationship with Akin is what I would call destiny prevails. 


“In 2005, I had a friend that worked in Oando, and she did mention to me that she had a colleague. 


“And she called Akin, and we spoke.”


Otedola spoke about how Akin came to his aid when he was unable to find a capable oil trader.


He added: “I set up my trading company in 


London: Fine Shade Energy. 


“I was looking for a trader, and I couldn’t find any good trader. 


“I called Dimeji Edwards, who was Akin’s boss. 


“Akin picked up the phone to come and see me.”


Otedola noted that shortly after this, he offered Akin a job.


He said: “Now when I say destiny prevails, the business collapsed. 


“I built a massive empire. 


“I had 93 per cent diesel at my fingertips. 


“I was a bit playful, and the business collapsed.”


It was at this point that Otedola started to have suicidal thoughts. 


He then spoke about how he reconsidered taking his own life after thinking about his family.


He said: “The option I had then was to commit suicide. 


“Then, of course, I thought of Nana and the kids. 


“And I said no, I won’t commit suicide.”


The billionaire concluded his speech by highlighting how he was able to overcome his tumbling block. 


He did so by stepping down as the Chief Executive Officer and made Akin the CEO of the London office.


He said: “I gave him 1 per cent of the business. 


“I now later, made him the CEO of Zenon Oil and then the CEO of African Petroleum.”


The businessman stated that after this, he was impressed by how his new partner turned the business around. 

 

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