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Princess Toyin Kolade Debunks Involvement in $32m Fraud Allegation

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With the current story making the round about seasoned businesswoman Princess Toyin Kolade, Iyalaje Oodua, the head honcho of Fisolak Global Resource over an alleged fraud case relating to her client, the business woman has distanced herself from the said case, claiming she has been exonerated in the past but the Police Special Fraud Unit, SFU over the years.

The report claimed that she and her company is currently enmeshed in some fraudulent act but to set the records straight, she averred that; she was contacted by the said foreign national to clear some goods for them which she did and got paid for the services her company rendered.

The said Indian nationals who supposedly got loans from the bank at no point involved Princess Toyin in their dealings and whatever transpired between the Indian nationals and the bank is not in anyway her concern. As we speak, the Indians forfeited their properties and other valuables which the bank sold to recover their debt they have also left the country.

The philanthropist also disclosed that; “I am never a fraudulent nor dubious person and those who know me well can attest to the fact. I have been audited and exonerated by the Police Special Fraud Unit whom after thorough investigation found out that the issue had nothing to do with me. They wrote to me and my company in person and pleaded. The case ended more than 5 years ago. It was recently revisited and they are still attaching me and my company to the legal process which should originally not be so. I am just clearing agent who only worked for the accused and got paid. I keep records and I have the documents still intact till date for records purpose. So the unnecessary clamor for my detractors to exploit this avenue to make disparaging comments and unfound assertions about me is uncalled for. The said story is being syndicated by an individual with questionable character who feels intimidated by my numerous achievements ever since I was conferred with the title as Iyalaje Oodua by the Ooni of Ife.”

“The more they throw their punches it won’t still get to me. I know the person behind it and I pray they heal very fast and come to bear in mind that who God has blessed no man can curse. I am a moving train and I am not intimidated nor perturbed by the lingering rumors. They are all lies from the pit of hell. I am not a fraudster. I work hard for my money. I have instructed my lawyer to take a legal action against those responsible for the inclusion of my name in this issue when the court finally exonerate me.”

Thorough findings further confirmed that the mischievous report flying about town was just concocted based on the unavoidable absence of her lawyer, Barr. Olapade Awowole, who couldn’t make it to the court on Thursday, 4th of November.

However, the legal counsel, Awowole had reiterated his determination to attend the court proceeding tomorrow, 9th of November to get his client’s name off the mess.

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Bandits Invade Kwara Community, Abduct Scores, Set Emir’s Palace Ablaze

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Suspected bandits have reportedly invaded the Yashikira community in Baruten Local Government Area of Kwara State, early this morning, setting the Emir’s palace ablaze and abducting several residents, including women and children.

It was gathered that the attack occurred late at night when the heavily armed assailants stormed the community, firing sporadically.

According to sources in the area, the gunmen attacked the palace during the invasion, setting parts of the royal residence on fire before whisking away multiple victims.

Residents said the attackers operated for hours without resistance, leaving behind destruction and fear in the border community.

Another local source described the incident as terrifying, noting that villagers were caught unaware as the gunmen invaded the town under the cover of darkness.

Sources say Security forces have launched immediate rescue operations to free victims of the Yashikira abduction, which occurred on Sunday night.

Military and police operatives have established a cordon in the area as part of the efforts to rescue about 10 persons who were reportedly taken from the community in an overnight attack on the palace of the Emir of Yashikira.

The police are yet to issue an official statement on the incident.

The development comes after bandits on Saturday night invaded a prayer ground at Ori-Oke Ajaiye, on the outskirts of Ikiran village in Ekiti Local Government Area of Kwara State, killing three worshippers and abducting 15 others during a vigil.

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Glo Celebrates Oba Adetona’s Legacies at Ojude Oba 2026

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Africa’s biggest corporate supporter of culture, Globacom, is commemorating the life and legacy of the late Awujale of Ijebuland, Oba Sikiru Kayode Adetona, at this year’s Ojude Oba Festival, marking the 21st consecutive year of its sponsorship of the cultural event.

This year’s edition, themed “Ojude Oba 2026: Celebrating the Legacy of Oba Sikiru Adetona,” is taking place at the Festival Pavilion opposite the royal palace in Ijebu Ode, Ogun State.

The celebration pays glowing tribute to the remarkable accomplishments of the late monarch, who transited on Sunday, July 13, 2025, after an illustrious reign spanning 65 years.

The departed monarch ascended the throne on April 2, 1960, and during his reign, the profile and prestige of the Ojude Oba Festival grew tremendously, making it one of Africa’s most celebrated cultural events.

In a statement issued in Lagos, Globacom posited that Oba Adetona’s unwavering dedication to preserving and promoting Ijebu culture, traditions, and values was a major factor behind the company’s continued support for the festival.

According to the company, “This year’s celebration goes beyond our traditional role as sponsor over the past two decades. It is an opportunity to honour the exceptional legacy of the revered monarch, Oba Adetona, whose vision and commitment elevated Ojude Oba to its present status.”

Globacom recalled that the late Awujale played a pivotal role in transforming the festival into a unifying platform that brought together Ijebu sons and daughters from across the world, regardless of religious affiliation.

This inclusive vision and royal leadership, said Glo,  inspired the company to begin sponsoring the festival 21 years ago. Over the years of Globacom’s sponsorship, Ojude Oba has evolved into a globally recognized cultural celebration, attracting thousands of visitors and dignitaries from within and outside Nigeria.

The company reaffirmed its commitment to sustaining its support for the festival as part of its broader objective of showcasing Nigeria’s rich cultural heritage to the world.

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Oyo Kidnap Carried Out by Dislodged JAS terrorists — DHQ

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The Defence Headquarters has said the recent kidnap incident in Oyo State was carried out by terrorists displaced from other parts of the country following intensified military operations.

The military high command stated this on Thursday while reacting to what it described as “mischievous and misleading publications” surrounding comments credited to the Defence Headquarters on the classification of terrorists and criminal elements operating in the South-West.

In a statement signed by the Director, Defence Media Operations, Maj Gen Michael Onoja, the DHQ said the attackers behind the Oyo abduction were members of the Jama’atu Ahlis Sunna Lidda’awati wal-Jihad terrorist group displaced by sustained military offensives across the country.

“The recent incidence of kidnap in Oyo State was clearly perpetrated by terrorists of the JAS Group that have been dislodged from other parts of the country due to high-intensity operations being conducted all over,” the statement read.

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