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How Killers Planned Kwara Oba’s Murder In Beer Parlour
Fresh facts have emerged that the killers of the Olukoro of Koro in the Ekiti Local Government Area of Kwara State, Oba Olusegun Aremu-Cole, perfected the murder plot in a pub, popularly called beer parlour, in the town.
Fresh facts have emerged that the killers of the Olukoro of Koro in the Ekiti Local Government Area of Kwara State, Oba Olusegun Aremu-Cole, perfected the murder plot in a pub, popularly called beer parlour, in the town.
Oba Aremu-Cole, a retired senior military officer, was shot dead on Thursday night by the assailants, who invaded his palace, and his wife and two natives who live near the palace were whisked away to an unknown destination.
He was crowned in 2017 and he would have been 66 this year as he was born in 1958.
It was gathered that the killers also lured a salesgirl at the pub to lead them to the palace, which is located in the area.
A source in Koro, who did not want his name in print, confided in Saturday PUNCH on Friday that when the assailants arrived in the town on Thursday evening, they settled in the pub to take some drinks.
The source stated, “After spending several hours at the relaxation centre and being good customers, they now asked the salesgirl to lead them to the palace to pay obeisance to the monarch and discuss the progress of the town.
“The girl ignorantly led the three men to the palace to see the monarch and went back to continue her work at the joint.”
Another native of Koro, Funsho Akorede, said the monarch had just returned from a journey and was relaxing when the gunmen attacked him.
He added that following the killing, a team of soldiers had been dispatched to comb forests in Kwara and neighbouring Kogi and Ekiti states to smoke out the assailants.
The immediate junior brother to the monarch, Mr Adelaja Aremu, on Friday, narrated how gunmen killed the Oba.
Adelaja, who spoke in a telephone interview with Saturday PUNCH, noted that the assailants shot his brother dead for refusing to follow their orders to stand up and come with them.
He said, “I am his immediate younger brother and I live very close to the village. Immediately gunshots were heard in the palace, I was contacted and told the gunshots.
“They (gunmen) came into the palace and met him (the monarch) and asked him to stand up. They wanted to abduct him. He refused to get up, saying that nobody could command him like that. He refused to take orders from unknown people, so they shot in the air to scare him but he wasn’t afraid.
“Of course, they knew that they met a stubborn person and that was how they shot him. This was what the houseboy told us. He (houseboy) bolted out of the palace through the back door when my brother was shot, but he saw all that transpired.”
When asked if the family had been contacted over the abduction of the monarch’s wife and the two other abductees, Adelaja stated, “The other two who were kidnapped are our neighbours because I live in the palace too anytime I am around. I can’t disclose whether or not the kidnappers have contacted anyone, but we hope that the police will do their work.”
Adelaja disclosed that this was not the first time bandits had terrorised residents of the town.
He added, “For me, I think it’s the peculiar nature of our location. I try to farm at home and these bandits have been raiding our community and I have been calling the attention of the authorities to my encounters with them.
“When I had my first encounter with the bandits, I reported to the police but nothing happened. The second time I had an encounter with them, I informed the police again. Even when the All Progressives Congress women leader was killed by bandits during electioneering, the governor came to see the late monarch, but nothing changed after he left.
“These bandits have camped themselves in certain areas and we are at their mercy because we don’t have people to speak for us. None of our people go to their farms anymore because bandits will go to farms and kill people.
“When they first raided my farm, they rustled the cattle in my ranch. I restocked and they returned in May last year and rustled 74 of my cattle again. They also attacked the man I hired to tend them and left him for dead on the farm.”
Abductors demand N100m
Meanwhile, the abductors have demanded the payment of N100m for the monarch’s wife and the other persons kidnapped in Koro.
A family member of the monarch told Saturday PUNCH on Friday night that the abductors also gave a 48-hour deadline within which the money must be paid or they would kill the victims.
“They are asking for N100m ransom. They have said the money must be ready in 48 hours,” the source said.
Koro shares boundaries with Egbe in the Yagba West Local Government Area of Kogi State, and Irele/Oke Ako/Ipao/Oke Aiyedun and Ikole in Ekiti State. Indigenes of the communities share farm boundaries. Gunmen on Monday attacked three monarchs from the communities.
The attack led to the killing of the Onimojo of Imojo Ekiti in the Oye Local Government Area and the Elesun of Esun Ekiti in Ajoni, Ikole Local Government Area of Ekiti State, while the Alara of Ara in the Ikole Local Government Area of the state managed to escape when the gunmen accosted them and attempted to forcefully take them away while returning from a journey.
In confirming the incident on Thursday night, the Kwara State Governor, AbdulRahman AbdulRazaq, condemned the monarch’s killing and the abduction of his wife and another palace resident.
A statement by the Chief Press Secretary to the Governor, Rafiu Ajakaye, quoted AbdulRazaq as charging security agencies not to spare any resources to track down the perpetrators, free the spouse and others taken away, and bring them to book.
“We will certainly get the perpetrators and ensure that this is their last crime against humanity. My profound condolences go to the people of Koro. Our hearts are broken, and we stand by them at this time and always,” the governor added.
News
DSS Releases Ogun Pastor, Associates Following Public Outcry Over Arrest
Operatives of the Department of State Services (DSS) have released Ogun State-based pastor Kayode Olawoye and two of his associates, Johnson Idowu and Korede Oluwadare, following intense public outcry.
Olawoye became an internet sensation following his exposé on the poor state of some roads in Ogun State, which he had repeatedly drawn to the attention of the state government.
A family source close to Olawoye confirmed his release in a telephone conversation with PUNCH Metro on Tuesday.
In an earlier interview with our correspondent, Olawoye’s family had raised concerns over his detention after he was allegedly invited by the DSS.
Speaking with PUNCH correspondent earlier on Tuesday, Olawoye’s wife, Shola Olawoye, said her husband received a phone call from the DSS on Sunday evening, asking him to report to its Ogun State office by 2 p.m. on Monday, January 19, 2026.
According to her, the officials described the invitation as a “friendly interrogation visit,” assuring him that it was nothing serious.
She said Olawoye arrived at the DSS office at about 1:30 p.m. on Monday but was held without family members having access to him, adding that several efforts made to reach him proved abortive.
She also noted that two other associates, Benjamin Olaleye and Joshua, who accompanied him to the DSS office, were also detained.
“I have not been able to speak with him since he entered the office. I don’t know his condition—whether he has eaten or even taken water. The people who went with him also had their phones seized, and we have not heard from any of them,” she said.
Shola said that while she was at the DSS office to inquire about her husband’s welfare, she was told to leave and return later, with assurances that he would be released after questioning.
She added that she waited until late Monday night and into Tuesday morning without receiving any update on his status, adding that the detention may be linked to his continued advocacy for the improvement of road infrastructure across the state.
She continued, “This is a man who is fighting for grassroots governance. He is not a criminal. He is not fighting or abusing the governor. He is not anti-politics, anti-peace, or protesting. He is simply saying, ‘Our governor should fulfil his campaign promises.’ That is all he is doing, and I don’t understand when being civil became a crime in my state.
“I do not know when being civil and asking for your rights turned into a criminal offence. He has been detained as if he were a criminal. Bandits are on TikTok and everywhere, yet the DSS has not detained any of them.
But they have detained my husband since yesterday. It has been almost 24 hours now, and I have not heard anything from him. I need the help of the whole of Nigeria.”
Another family member, who did not want to be named, explained that Olawoye had been invited on two occasions in the past and had always honoured the invitations.
The family source said this was the third time Olawoye had been invited by the DSS, adding that during previous visits, he was questioned about his public commentary on the condition of roads in Ogun State.
The source alleged that DSS officials had repeatedly asked whether he was sponsored to publicise poor road infrastructure in the state, an allegation Olawoye denied, maintaining that he had no sponsor.
“The first time he was invited, I was with him at the meeting. They asked who was sponsoring him to showcase the bad roads that Governor Dapo is not fixing. He replied that nobody was sponsoring him and that he was instructed by God to speak out about the bad roads so that the governor would fix them.
“The second time, they asked him the same question again—that he should name the people sponsoring him. He told them nobody was sponsoring him,” the family member said.
The news of his detention, however, sparked public outcry, with social media users condemning the action.
Reacting to the detention, Amnesty International Nigeria, condemned Olawoye’s detention in a statement on Tuesday.
The human rights advocacy group described the detention as unlawful and abuse of human rights.
The statement read, “The Nigerian authorities must end the incessant intimidation and harassment of Pastor Kayode Olawoye — a cleric widely known for advocating for better road infrastructure in Ogun State.
“Subjecting such a peaceful advocate for good governance to bizarre intimidation by the Department Of State Services is unlawful. The advocacy of Pastor Kayode is justified given the shocking and deplorable state of roads in Ogun — his state. Criticizing Gov. Dapo Abiodun is not crime.
“The authorities have an obligation to uphold and protect fundamental human rights. Instead of investing in desperate attempts to punish activists, the government should be listening to them and doing more to addressing people’s concerns.”
In an update on Tuesday night, the family source told our correspondent that Olawoye and the two associates who were with him had been released.
The source said, “Mr Olawoye and the two associates have been released. They were freed on Tuesday night after more than 24 hours in detention.”
Meanwhile, when contacted on Tuesday, the State Director of the DSS in Ogun State, Peter Afunanya, did not respond to messages sent to his line, nor did he pick calls placed to him as of the time of filing this report.
The governor’s Special Adviser on Information and Strategy, Kayode Akinmade, asked our correspondent to call back when contacted on Tuesday.
He was, however, not reachable as of the time of filing this report.
News
Unity Bank Unveils Enhanced Unifi Mobile App To Deepen Digital Banking Experience
Nigeria’s retail lender, Unity Bank Plc, has launched an upgraded version of its mobile banking platform, Unifi, as part of ongoing efforts to improve customer experience on the Bank’s digital Banking platform and reinforce its proposition in ebusiness.
The latest update, Unifi version 2.3, introduces a suite of improved features designed to enhance usability, security, and convenience for customers. Key upgrades include enhanced security protocols, expanded quick-action functionalities, improved bill payment options, and an updated Nigeria Quick Response (NQR) feature to support faster and more secure QR code transactions.
A key aspect of the rollout builds on the Bank’s continued investment in digital and security infrastructure, aimed at safeguarding customer data, ensuring secure payments and enabling safe, real-time transactions across channels.
Speaking on the upgrade, Adenike Abimbola, Divisional Head, Retail, SME, Digital Banking & Fintech Partnerships at Unity Bank, said the improvements are built on the back of continuous interrogation of the platform to be more responsive to customer feedbacks which are being received overtime in our interactions and engagements.
“Digital banking has become an integral part of everyday life, particularly for retail customers who expect speed, dependability, convenience, and security as standard. With the latest upgrade to Unifi, we are responding directly to these expectations by enhancing functionality, strengthening security, and simplifying key payment and transaction journeys. Our goal is to ensure that customers can carry out their banking activities seamlessly, confidently, and without friction, anytime and anywhere.”
She added that the Bank remains committed to continuous improvement of its digital channels in line with evolving customer needs and emerging industry trends.
“As mobile banking increasingly defines how people interact with financial services, Unifi is central to our strategy of delivering intuitive, reliable, and inclusive digital solutions. We will continue to invest in technology partnerships and platform enhancements that support financial inclusion, drive adoption, and improve overall customer experience.”
Originally introduced as part of Unity Bank’s strategic push to expand its retail footprint, particularly among young and digitally savvy customers, Unifi has grown into a core engine of the Bank’s retail banking expansion. The platform plays a critical role in driving customer acquisition, deepening engagement, and reinforcing Unity Bank’s broader digital transformation agenda.
The Unifi mobile app is available for download on Android and iOS devices, offering customers access to a wide range of services, including transfers, bill payments, airtime purchases, and QR-enabled transactions.
News
Recapitalisation Explained — Where Access, FCMB And Others Fit
Nigeria’s banking sector is being reshaped by one of the most ambitious recapitalisation programmes in its history.
If you bank, invest, or do business in Nigeria, understanding how this works and where each bank stands matters.
In 2024, the Central Bank of Nigeria raised minimum capital requirements and introduced three banking “tiers”: regional, national, and international.
Banks have until March 31, 2026, to comply.
Here’s what that means:
International banks need ₦500bn in paid-up capital
National banks need ₦200bn
Regional banks need ₦50bn
Paid-up capital is key. Retained earnings don’t count.
Several banks, including Access Bank, Zenith Bank, GTBank, UBA, Fidelity Bank, and First Bank of Nigeria, have already met the ₦500bn threshold and secured international licences.
Others, such as Stanbic IBTC, Citibank Nigeria, and Wema Bank, have secured national licences and appear focused on domestic operations.
First City Monument Bank, a subsidiary of FCMB Group Plc, sits between these groups. In 2024, it raised ₦147.5bn in a public offer, pushing its banking subsidiary above ₦200bn in paid-up capital and securing its national licence. That means FCMB’s core banking operations are not at risk under the new rules.
The bank is now raising additional capital to reach the ₦500bn mark required for an international licence.
This includes further share sales and shareholder-approved funding options. Regulatory review is ongoing.
Why does this matter to customers? A bank’s licence affects what it can do.
International banks can finance cross-border trade and large projects. National banks focus on domestic lending. Both are viable models.
For FCMB customers, the national licence already ensures continuity.
The international licence would expand services beyond Nigeria into the rest of Africa and the world.
The recapitalisation is also driving mergers, downgrades, and niche strategies across the sector, making Nigeria’s banking system more structured and transparent.
By 2026, the system will be stronger, not because every bank has become international, but because each has chosen a sustainable path.
