News
Gunmen abduct popular Lagos businessman and two others; demand $1.5m ransom
The managing director of electronic distributor Fouani Group, Mohamed Fouani, has been reportedly abducted by unknown gunmen in Lagos.
Fouani was abducted alongside two others during an ambush in Ikoyi on Friday, June 14.
Police spokesman Benjamin Hundeyin confirm the incident and said he was not yet briefed on the attack on Saturday afternoon but maintained an investigation had already commenced to unravel the situation.
Multiple sources with information said it occurred near Falomo Bridge. Fouani Group, run by Mohamed Fouani and other prominent Lebanese businesspeople, is the major distributor of LG and Hisense products in Nigeria.
Sources said the abductors had contacted people near the victims for a ransom of $1.5 million, the report added.
-
Football1 week agoFull list: Six countries already qualified for 2030 FIFA World Cup
-
Aviation1 week agoUK updates customs rules, lists duty-free allowances and prohibited items for travellers
-
Aviation1 week agoNCAA threatens to suspend Royal Air Maroc operations over alleged passenger rights violations
-
Business7 days agoScarcity; Dangote triggers further hike in fuel price
-
Football4 days agoBallon d’Or 2026: Yamal, Mbappe, Kane emerge early favourites
-
Comments and Issues1 week agoYayi and the burden of stewardship
-
Football3 days agoPost-World Cup Shake-Up: Managerial changes, record transfers dominate football headlines
-
Latest5 days agoAccountability group questions ₦962.8bn Allocation for empowerment projects, official vehicles in 2026 budget