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Crime Ambassadors Of Nigeria (CAN)
In a country where many citizens are obsessed with titles to enhance their social standing, a new tag – the Crime Ambassador of Nigeria (CAN) is fast recommending itself for conferment on Nigerians who have drawn international attention and opprobrium to the country, with respect to their involvement in trans-border crimes. And it would seem that the time has come for the formal conferment of such a title starting with deserving Nigerians like those 79 recent suspects of cybercrime in the US currently facing charges in that country’s courts over charges of swindling individuals, companies, charities as well as even churches of millions of dollars, with which they come back to Nigeria to live big without as much as a whimper from their communities over how they suddenly became super rich. According to some posts currently trending on the social media, many of these profiled individuals are seemingly ordinary Nigerian good time folks and regular toasts of their kith and kin as well as social circles.
Interestingly, such miscreants have been with us for a long time since the days when electronic processes in banking commenced around the world in the early nineties. Until then, banking fraud was restricted to local institutions as operations were manual and hardly would any untoward development spread beyond the gates of the bank. With the growth of electronic banking in the nineties, banking operations between individual banks and branches were progressively being synchronized as exchange of banking information, which traditionally were locally subjected to strict confidentiality, became increasingly facilitated with greater ease. But this transition came with a dark side as the bad eggs in the banks found it easier to falsify the now machine readable information, and exploit the system in collaboration with outside scammers. Hence, as the ease of transactions grew, so the liberty to swindle the system also expanded.
Older Nigerians will easily recall the days of ‘419’ in the early nineties when the swindling of foreigners by Nigerian ‘smart alecs’ was rampant with not a few of the culprits, making huge fortunes from the illicit activity and built financial empires that survive till today. They were named ‘419ers’ after Section 419 of Nigeria’s Criminal Code which deals with the crime of obtaining favours through deceit. However, if compared with the earlier day ‘419ers’, the present day fraudsters are light years ahead. The similarities between the two generations of fraudsters if any, go beyond the ways and means of operation. While the older generation depended on the now archaic fax machines that transmitted only data across telephone networks, the new age operators use the much faster and more efficient computer and internet.
Although the focus may be on Nigerians today, participation in internet fraud activities is not confined to Nigerians. The scourge of internet fraud is already a pandemic in the advanced countries where the exercise accounts for global losses estimated at $3 billion annually. Some may therefore be even inclined to see the participation of Nigerians as a mere scratch on the surface.
However, for this country, the increasing involvement of Nigerians in cybercrime especially on the international scale is more than the diplomatic scenario of poor representation of the country abroad by the culprits. In a more profound context, it imposes a negative value system on the growing and impressionable youth as it reinforces the mindset that easy money from crime is the way to go. When the fraudsters succeed in coming home with stashes of cash and spread same in a poverty ridden environment, it becomes difficult to preach any other sermon that runs on the dignity of hard work. The impact of such a syndrome is already incalculable in the Nigerian society as it accounts for the current apocalyptic escalation in crimes such as armed robbery, kidnapping and the ‘yahoo yahoo’ range of rituals-based, nefarious activities.
Today, the Nigerian society lies prostrate before the scourge of kidnapping for ransom, which has turned into a most lucrative business enterprise across the country. All categories of nationals are kidnapped daily for ransom with victims securing their release on the payment of various sums of money and occasionally with items in kind including food stuff and for ladies, sexual favours. The explosion in the crime of kidnapping in Nigeria has proved to outmatch the capacity of the security forces as even their personnel are not spared as victims.
Meanwhile, as the recent case of one Hamisu Wadume, the alleged kidnapper from Taraba State is revealing, the seemingly intractable nature of kidnapping and other heinous crimes in the country, enjoy in many cases the active collaboration of the very security operatives on whom the task of caging the culprits, rests. Wadume was reportedly earlier arrested in Ibi town in Taraba State, in the course of investigations into serial kidnapping cases by some crack police detectives. He was being conveyed to the Police base when soldiers – apparently acting in league with the suspect attacked the police officers, and killed some of them as well as injuring others.
Revelations from the ongoing investigations in the Wadume case clearly point to a wider malady of insider conspiracies between the wave of crimes and the criminals as well components of the security apparatus. It would therefore seem that the country’s fight against violent crimes needs to be targeted at discouraging the lure of easy money among the youths. And the earlier this is done, the better, as the lure to join the ranks of the CANs, is not growing.
President Bola Tinubu yesterday celebrated the Nigerian Exchange Group’s breakthrough into the N100tn market capitalisation threshold, saying Nigeria has moved from an ignored frontier market to a compelling investment destination.
Tinubu, in a statement signed by his Special Adviser on Information and Strategy, Bayo Onanuga, urged Nigerians to increase their investments in the domestic economy, expressing confidence that 2026 would deliver stronger returns as ongoing reforms take firmer root.
He noted that the NGX closed 2025 with a 51.19 per cent return, outperforming global indices such as the S&P 500 and FTSE 100, as well as several BRICS+ emerging markets, after recording 37.65 per cent in 2024.
“With the Nigerian Exchange crossing the historic N100tn market capitalisation mark, the country is witnessing the birth of a new economic reality and rejuvenation,” Tinubu said.
He attributed the stellar performance to Nigerian companies proving they can deliver strong investment returns across all sectors, from blue-chip industrials localising supply chains to banks demonstrating technological innovation.
The President added, “Year-to-date returns have significantly outpaced the S&P 500, the FTSE 100, and even many of our emerging-market peers in the BRICS+ group. Nigeria is no longer a frontier market to be ignored—it is now a compelling destination where value is being discovered.”
Tinubu disclosed that more indigenous energy firms, technology companies, telecoms operators and infrastructure firms are preparing to list on the exchange, a move he said would deepen market capitalisation and broaden economic participation.
He also cited what he described as a sustained decline in inflation over eight months—from 34.8 per cent in December 2024 to 14.45 per cent in November 2025—projecting that the rate would fall below 10 per cent before the end of 2026.
“Indeed, inflation is likely to fall below 10 per cent before the end of this year, leading to improved living standards and accelerated GDP growth. The year 2026 promises to be an epochal year for delivering prosperity to all Nigerians,” he said.
The President attributed the trend to monetary tightening, elimination of Ways and Means financing, and agricultural investments, which he said helped stabilise the naira and ease post-reform pressures.
Nigeria’s current account surplus reached $16bn in 2024, with the Central Bank projecting $18.81bn in 2026, reflecting a trade pattern shift toward exporting more and importing less locally-producible goods.
Non-oil exports jumped 48 per cent to N9.2tn by the third quarter of 2025, with African exports nearly doubling to N4.9tn. Manufacturing exports grew 67 per cent year-on-year in the second quarter.
Foreign reserves have crossed $45bn and are expected to breach $50 billion in the first quarter, giving the CBN ammunition to maintain currency stability and end the volatility that previously fuelled speculation, according to the President.
Tinubu also highlighted infrastructure expansion in rail networks, arterial roads, port revitalisation, and the Lagos-Calabar and Sokoto-Badagry superhighways, alongside improvements in healthcare facilities that are reducing medical tourism costs, and increased university research grants funded through the Nigeria Education Loan Fund.
“Our medicare facilities are improving, and medical tourism costs are declining. Our students benefit from the Nigeria Education Loan Fund, and universities are receiving increased research grants,” he said.
He described nation-building as a process requiring hard work, sacrifices, and citizen focus, pledging to continue working to build an egalitarian, transparent, and high-growth economy catalysed by historic tax and fiscal reforms that came into full implementation from January 1.
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RSG Kicks Off Armed Forces Remembrance Day ‘Morrow …Restates Commitment Towards Veterans’ Welfare
The Rivers State Government has reiterated its commitment towards the welfare of veterans, serving officers and widows of fallen officers in the State.
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?The Secretary to the Rivers State Government, Dr. Benibo Anabraba, in a statement by ?Head, Information and Public Relations Unit, SSG’s ?Office, ?Juliana Masi, stated this during the Central Planning meeting of the 2026 Armed Forces Remembrance Day in Port Harcourt, yesterday.
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?Anabraba thanked the Committee for their contributions to the success of the Emblem Appeal Fund Ceremony recently held in the State and called on them to double their efforts so that the State can record resounding success in the remaining activities.
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?According to him, the remembrance day events will begin with Jumaàt Prayers on Friday, 9th January at the Rivers State Central Mosque, Port Harcourt Township, while a Humanitarian Outreach/Family and Community Day will be hosted on Saturday, 10th January, by the wife of the governor, Lady Valerie Siminalayi Fubara, for widows and veterans.
?”On Sunday, 11th January, an Interdenominational Church Thanksgiving Service will hold at St. Cyprian Anglican Church, Port Harcourt Township while the Grand-finale Wreath- Laying Ceremony will hold on Thursday, 15th January at the Isaac Boro Park Cenotaph, Port Harcourt”, he said.
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?The SSG noted that one of the highlights of the events is the laying of wreaths by Governor Siminalayi Fubara and Heads of the Security Agencies.
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The Governor of Rivers State, Sir Siminalayi Fubara, has approved a minor cabinet reshuffle in the State Executive Council.
Under the new disposition, Barrister Christopher Green, who until now served as Commissioner for Sports, has been redeployed to the Ministry of Justice as the Honourable Attorney General and Commissioner for Justice.
This is contained in an official statement signed by Dr. Honour Sirawoo, Permanent Secretary, Ministry of Information and Communications.
According to the statement, Barrister Green will also continue to coordinate the activities of the Ministry of Sports pending the appointment of a substantive Commissioner to oversee the ministry.
The redeployment, which takes immediate effect, was approved at the last State Executive Council meeting for the year 2025, underscoring the Governor’s commitment to strengthening governance, ensuring continuity in service delivery, and optimising the performance of key ministries within the state.
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