Business
Driver steals Boss ATM Card, withdraws over N2.7m
A driver, Mayowa Adenuga, has been arrested by operatives of the Lagos State Police Command for allegedly stealing his boss’ Automated Teller Machine card and withdrawing over N2.7m.
Also arrested were suspected accomplices in the crime – Adewale Opeyemi, 18, and Jeremiah Iyitoye, 29.
PUNCH Metro gathered that 25-year-old Adenuga, who is also a computer expert, was employed as a driver by a lecturer at UNILAG, Prof. Simbo Banjoko.
It was learnt that the suspect had driven Banjoko to the Bells University on the day of the incident.
While waiting for his boss on the university premises, the driver found Banjoko’s Zenith Bank ATM card in the car and hid it.
Our correspondent gathered that when the victim did not notice that his ATM card was missing, Adenuga used software to uncover the card’s PIN code.
After withdrawing N200,000 from the bank account through the ATM, he allegedly bought four iPhones, valued at N495,000; one Macbook laptop, valued at N415,000; 10 wristwatches, a Blackberry and a ring.
It was learnt that a total of N2,728,255 was withdrawn from the victim’s bank account.
The theft of the ATM card was said to have been referred to the Rapid Response Squad, which later transferred the case to the Anti-Vice Section of the State Criminal Investigation and Intelligence Department, Yaba.
A source said the prime suspect, Adenuga, perfected the crime by blocking his boss’ telephone line so that he would not see the alert of transactions conducted on his account.
He said, “The suspect is the lecturer’s driver. He is also a computer expert. He hid the ATM card for three days and when he saw that the man did not look for it, he used software to get the PIN. He called Adewale (Opeyemi) and handed over the card to him for safekeeping, saying it belonged to his sister.
“When he drove his boss out again at another time, he had access to the man’s phone and deliberately entered the wrong PUK number three times which led to the blockage of the line.”
Our correspondent was told that having succeeded in blocking the line, the suspect contacted Opeyemi and linked him up with another friend, Iyitoye.
He allegedly asked the duo to make transactions with the card on his behalf.
The two men were said to have gone to Shoprite, Ikeja, and Mega Plaza, Victoria Island, where they withdrew N200,000 and purchased the iPhones, Macbook laptop, wristwatches and other items through POS transactions.
It was gathered that the loot was shared among the three men.
A police source explained that Banjoko, who noticed that his telephone line had been blocked, took it to a telecoms centre, where it was reactivated.
“At that point, he received 30 alerts that a total of N2,728,255 had been withdrawn from his account. He reported the matter to the police, and the case was transferred to the RRS.
“When the matter got to the Anti-Vice Section of the SCIID, the police arrested the driver and after interrogation, he confessed to the crime and named his accomplices.
“The police recovered two iPhones 6S Plus, two iPhones SSE, one Macbook laptop, seven GT Shock wristwatches, one Blackberry Z10, one ring and two bags,” the source added.
The suspects were arraigned at the Yaba Magistrate’s Court on two counts of stealing.
The charge read in part, “That you, Mayowa Adenuga, Adewale Opeyemi and Jeremiah Iyitoye, on July 2, 2016, on Olanireti Fesan Street, Magodo, Isheri, Lagos, in the Lagos Magisterial District, did steal the sum of N2,728,255 only, property of one Professor Simbo Banjoko.”
The police said the offence was punishable under sections 409 and 285 of the Criminal Law of Lagos State, Nigeria, 2011
The defendants pleaded not guilty to the charge.
The magistrate, Mrs. O.A. Erinle, admitted them to bail in the sum of N800,000 with two sureties in like sum.
She added that one of the sureties must be a blood relation of the defendants, who must be a landlord within the jurisdiction of the court.
The case was adjourned till October 17, 2016.
Aig-Imoukhuede Foundation opens applications for 6th Cohort Programme
The Aig-Imoukhuede Foundation is pleased to announce that applications are now open for the sixth cohort of its transformative AIG Public Leaders Programme (AIG PLP).
This flagship six-month executive education initiative, delivered by the University of Oxford’s Blavatnik School of Government, is designed to empower high-potential public sector leaders across Africa with the tools, networks, and strategic insight required to deliver meaningful reform across African public institutions.
Applications are now open to qualified public servants from all English-speaking African countries and will close on Sunday, April 12, 2026. The programme commences in October 2026.
Since its inception in 2021, the AIG PLP has built a formidable reputation for creating tangible impact.
Alumni from the programme have gone on to design and implement more than 230 reform projects within their ministries, departments, and agencies across Africa.
An impact survey revealed that 62% of alumni have earned promotions or assumed expanded leadership roles post-training, demonstrating the programme’s direct effect on career advancement and institutional influence.
“Across Africa, the complexity of public sector challenges demands more than good intentions. It requires reformers who understand systems, can navigate institutional realities, and are equipped to implement sustainable change.
The AIG PLP is designed to meet this need,” said Ofovwe Aig-Imoukhuede, Executive Vice-Chair of the Aig-Imoukhuede Foundation.
As part of the programme, a PLP alumna, Titilola Vivour-Adeniyi, Executive Secretary of Lagos State DSVA, launched a secure self-reporting tool that allows survivors of domestic and sexual abuse safely document incidents and preserve evidence.
Survivors are already accessing support, and the tool ensures that crucial proof is protected until justice can be sought. This is one of over 230 impactful reform projects being implemented across sectors as diverse as healthcare, finance, agriculture, and education.
We are seeing proof every day that investing in the capacity and leadership potential of people, delivers the kind of transformation that policy alone cannot achieve.”
The AIG PLP is a blended learning experience that combines online sessions with an intensive residential module.
It is offered at no cost to selected participants, with the Foundation covering all costs of the programme including accommodation and feeding during the residential weeks.
Participants gain direct access to world-class faculty from the University of Oxford, and learn to tackle core public sector challenges such as: Negotiating in the public interest. Harnessing digital technology for governance.
Strengthening public organisations.
Upholding integrity in public life.
The curriculum culminates in a capstone reform project, where participants apply their new skills to a real-world challenge within their institution.
This practical component ensures that learning translates directly into actionable solutions.
Interested candidates are encouraged to apply early. For more details on the application process and to apply, please visit the Aig-Imoukhuede Foundation website.
Renewed Hope Ambassadors Inspect RHA Secretariat
Renewed Hope Ambassadors, led by its Director-General and the Governor of Imo State, Hope Uzodinma, alongside Zonal Coordinators (NW, NC, SE), the Media & Publicity Directorate, and other key stakeholders, inspected the RHA Secretariat two days after President Bola Tinubu unveiled the Renewed Hope Ambassadors grassroots engagement drive in Abuja.
Harmony Gardens’ Ibeju-Lekki Portfolio Crosses $1bn
Harmony Garden & Estate Development Limited has expanded its development activities across Ibeju-Lekki, pushing the projected long-term value of its estate portfolio beyond $1 billion.
Led by Chief Executive Officer Hon. Dr. Audullahi Saheed Mosadoluwa, popularly know Saheed Ibile, the company is developing seven estates within the Lekki–Ibeju corridor. Details available on Harmony Garden & Estate Development show a portfolio spanning land assets and ongoing residential construction across key growth locations.
A major component is Lekki Aviation Town, where urban living meets neighborhood charm, located near the proposed Lekki International Airport and valued internally at over $250 million. The development forms part of the company’s broader phased expansion strategy within the axis.
Other estates in the corridor tagged as the “Citadel of Joy” (Ogba-idunnu) include Granville Estate, Majestic Bay Estate, The Parliament Phase I & II, and Harmony Casa Phase I & II.
With multiple projects active, the rollout of the Ibile Traditional Mortgage System, and structured expansion underway, Harmony Garden & Estate Development Ltd continues to deepen its presence within the fast-growing Ibeju-Lekki real estate market.
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