Crime
Man arrested for killing his friend over an unpaid loan
Police operatives in Yobe State have arrested a 24-year-old businessman, identified as Yunus Isa, in connection with the death of his friend and business partner, Lawan Adamu.
It was gathered that the suspect allegedly caused the death of the deceased in an attempt to avoid repaying a N500,000 loan he had borrowed from him.
SaharaReporters reports that the deceased and Isa were traders, selling engine oil and other lubricants in Damaturu, the Yobe State capital.
ALSO READ: Suspected herders kill 5 in Agatu community, Benue – Police
He reportedly took the N500,000 credit facility on false pretence of starting a new outlet with an agreed profit sharing formula. But he later used the capital to marry a wife.
After repeated failure to remit the agreed percentage of the sharing formula, Lawan demanded a refund of his capital, consequent upon which Isa lured his victim to a solitary area of Shago Tara, and st@bbed him multiple times.
He committed the act on Sunday, September 15 and was arrested the following day, September 16.
-
Featured1 week agoInside INEC’s race to prepare for Nigeria’s 2027 elections
-
Featured1 week ago2027: APC unveils nationwide campaign timetable, Tinubu to rally in 12 states
-
Business5 days agoNaira faces exchange rate gap as Dollar hits N1,380 on parallel market
-
Business1 week agoCourt dismisses ₦170m Trade Fair contract claim, says Zenith Bank was not a party
-
Latest1 week agoBreaking: NNPCL raises petrol price to ₦1,405 per litre amid discount controversy
-
Football2 days agoMan United shortlist Emery, Nagelsmann as potential replacements for Carrick
-
Featured1 week agoFrom kitchen to Supreme Court: Nigerian’s fight over alleged support for terrorists
-
Business7 days agoNCC launches Internet Governance Working Group to tackle AI risks, boost online safety


