News
Mohbad Not Poisoned In Our Custody, Says NDLEA

By Abubakar Y Ojimaojo
Amid the controversy surrounding the death of singer Ilerioluwa Aloba, aka MohBad, the National Drug Law Enforcement Agency (NDLEA) says the late musician was not poisoned in its custody.
After Mohbad’s death last Tuesday in an unclear circumstance, a video emerged showing the 27-year-old artiste crying on a hospital bed. Shortly after, some Nigerians accused the agency of poisoning the singer during his purported arrest and detention.
In the video, Mohbad claimed he was forced to consume a liquid substance, abused with the butt of a gun and was later asked to go home.
But NDLEA spokesman, Femi Babafemi, said the musician was never arrested nor detained by the agency.
He argued that the deceased was not one of the Marlian Music acts arrested by the agency in 2022, contrary to the speculations by many, adding that this makes it impossible for Mohbad to have been poisoned in their custody.
Babafemi also shared a link by an online platform (not Channels Television) detailing the arrest of six people, two females, and four males, in the persons of Oniyide Azeez (Zinoleesky), Owoeye Michael and Abimbola Ogbe.
Others are Dominica Chinwe, Olaolohun Shubomi Mariam, and Ibrahim Alawo.
“This is an authentic account of the arrest and detention of some Malian artistes in Feb 2022, an incident that has now been twisted by purveyors of fake news to say Mohbad was poisoned or detained by the agency,” Babafemi tweeted.
“I hope, they’ll be bold enough to defend their claims when the hand of the law catches them.”
Last Thursday, police authorities said it will probe the circumstances leading to the death of the late singer.
Although the musician has since been buried, Force Public Relations Officer, Olumuyiwa Adejobi, said police were committed to a comprehensive investigation into the matter.
“Our heartfelt condolences go out to the family, friends, and fans of the late Ilerioluwa Oladimeji Aloba, known as Mohbad, who recently passed away. We understand the concerns regarding his untimely demise,” he said.
“The Nigeria Police Force is committed to a comprehensive investigation into this matter, as the Lagos State Commissioner of Police has been tasked to unravel the circumstances surrounding his death. Rest assured, updates will be provided as investigations unfold.
“We encourage family members or close associates with valuable information to approach the Lagos State Commissioner of Police to assist in this process. In the meantime, we kindly request that individuals refrain from making statements or engaging in activities that could jeopardize the ongoing investigation. Your trust and support are deeply valued.”
While Nigerians demand justice for the musician, the Lagos State Police Command indicated the possibility of exhuming the singer’s remains.
The state Police Public Relations Officer, Benjamin Hundeyin, said this follows “growing public concerns” and a preliminary police review of the general circumstances surrounding Mohbad’s demise.
“The Commissioner of Police, Lagos State Command, CP Idowu Owohunwa, has directed the commencement of full-scale criminal investigation into the case,” the command said.
News
Bitcoin Drops to $82,000 After Trump’s Tariff Announcement

Bitcoin experienced sharp fluctuations following President Donald Trump’s April 2 tariff announcement, initially surging to $88,000 before dropping to $82,000.
By April 3, it stabilized around $83,000, with the broader crypto market down over 4%. Major altcoins like Ethereum and Solana also declined over 6%, hitting multi-month lows.
Analysts see the tariff news as reducing market uncertainty, potentially attracting institutional investors.
Despite higher-than-expected rates, experts believe the clarity could help Bitcoin regain momentum toward $90,000. Bitcoin ETFs, led by BlackRock, recorded $218 million in inflows on April 2, reversing prior outflows.
Kraken’s Thomas Perfumo challenged the idea that institutional interest stabilizes crypto, emphasizing that volatility signals demand for a scarce asset.
Some analysts viewed the sell-off as an overreaction to trade policy concerns, highlighting Bitcoin’s resilience as a store of value.
With ETFs showing strong demand, Bitcoin’s price may stabilize and rise, though market participants remain cautious, monitoring trade policies and economic conditions.
News
Clashes In South Sudan: 30 People Kill

Violent clashes between pastoralist groups and settled farming communities have long been a challenge in South Sudan.
However, the recent outbreak of violence in the northern Ruweng Administrative Area has further heightened concerns over the nation’s fragile peace. At least 30 people lost their lives after an armed youth group launched a brutal attack on a northern South Sudanese town, according to local officials.
The incident, linked to an escalating cattle raid, saw the town briefly fall under the control of the attackers before security forces regained control.
The violence began when a group of armed youth stole lambs earlier in the week. Security forces quickly intervened, forcing the raiders to retreat. However, instead of dispersing, the group reorganised and launched a more aggressive attack on Abiemnom the following day.
Local Minister of Information, Simon Chol Mialith, confirmed that despite resistance from local youth and security personnel, the town was overrun by the Mayom armed youth. The attack led to significant casualties and destruction before security forces were able to reclaim the town.
On Wednesday, the South Sudan People’s Defence Force (SSPDF) successfully pushed the attackers out, restoring a semblance of calm. However, the scale of the destruction was already severe, with over 40 individuals injured in addition to the fatalities.
Although reports suggest that some of the deceased were members of the armed groups, official confirmation remains pending.
The attack comes at a time of growing instability in South Sudan, with tensions between forces loyal to President Salva Kiir and First Vice President Riek Machar intensifying. This political rivalry threatens to unravel the delicate 2018 peace agreement that ended the nation’s five-year civil war.
Since gaining independence in 2011, South Sudan has struggled with continuous unrest. Despite its vast oil resources, the country remains impoverished, with conflicts like these exacerbating economic and social difficulties.
News
Oil Prices Decline to $69 as OPEC+ Initiates Production Increase

Key Business Developments to Monitor This Week: Crude Oil Transactions in Naira and Resumption of Emirates Flights
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) have announced an increase in crude oil production by 411,000 barrels per day (bpd) starting in May. This decision follows a virtual meeting among eight member nations, which agreed to gradually reduce previously implemented output cuts.
The nations involved in this agreement include Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman.
As a result of this production increase, Brent crude prices fell by 6.8% to $69.85 per barrel, while West Texas Intermediate (WTI) crude dropped by 7.08% to $66.63, as of 10 PM WAT.
According to Reuters, these fluctuations are closely linked to the recent announcement by U.S. President Donald Trump imposing a 10% tariff on all imported goods.
### Voluntary Production Cuts by Eight OPEC+ Member Nations
In April 2023, eight OPEC+ countries declared additional voluntary reductions amounting to 1.65 million bpd, lasting until the end of December 2026. Subsequently, in November 2023, an additional voluntary cut of 2.2 million bpd was announced.
On December 5, 2024, the oil cartel revealed plans to extend these adjustments through March 2025, indicating that the 2.2 million bpd reductions would be gradually phased out on a monthly basis until the end of September 2026, aimed at maintaining market stability. However, on March 3, these nations agreed to implement a planned increase in oil production starting April 1.
### Monthly Phasing Out of Oil Production by Eight OPEC Member Countries
OPEC stated that the eight participating countries will implement a production adjustment of 411,000 barrels per day, divided into three monthly increments, beginning in May 2025. This adjustment includes the planned increment for May plus two additional monthly increases. The oil alliance emphasized that these gradual increases could be paused or reversed depending on market conditions, allowing for continued support of oil market stability.
Furthermore, OPEC+ noted that this measure would provide an opportunity for member nations to expedite their compensation efforts. The eight countries will convene monthly to assess market conditions, compliance, and compensation strategies.
The next meeting is scheduled for May 5, where decisions regarding June production levels will be made.