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Sunday, 26 April 2026

NDLEA's huge drug crack downs for the week ended April 24, seriously alarming!



 The National narcotic Law Enforcement Agency, or NDLEA, claimed on Sunday that its agents had seized a shipment of Captagon, an amphetamine-based narcotic, in Kwara State.

The NDLEA said the interception came after an earlier bust at Lagos' Apapa harbor.

Femi Babafemi, Director of Media and Advocacy at the NDLEA, confirmed this in a statement.

According to the statement, on April 21, 2026, operatives on patrol along Bode Saadu Road stopped a passenger, Nasiru Mu'azu, 33, in a trailer.

According to the statement, a search resulted in the discovery of ten packs of Captagon containing 10,000 pills, as well as nine packets of Tapentadol 250 mg.

On April 24, NDLEA agents seized another trailer and discovered 155,900 tramadol capsules, 6,000 ampoules of tramadol injection, 3,000 tablets of co-codamol, and 9,000 tablets of bromazepam hidden in a bogus compartment. A suspect, Aminu Isah, 24, was arrested.

On April 21, Oyo State NDLEA police stopped a commercial bus on the Ibadan/Oyo Expressway. A body scan revealed that a passenger, Eze Prince Emeka, 33, had used illicit narcotics. He later expelled 45 cocaine pellets totaling 1.043 kilos over three sessions.

The suspect apparently intended to convey the drugs to Europe via trans-Saharan routes, with Algeria serving as a transit point following initial delivery in Sokoto.

On April 25, NDLEA operatives seized a truck along the Benin-Lagos expressway carrying 1,196,000 pills of prescription opioids.

Two accused, Osagie Igbinibo, 43, and Omijie Malik, 44, were apprehended. The shipment was apparently heading for Onitsha, Anambra State.

Other raids across the country resulted in more seizures and arrests.

In Lagos, Rasheed Ibuowo, 40, was apprehended with 810 kg of cannabis. In Bauchi State, Muktar Bello, 35, was apprehended with 288 skunk chunks weighing 154.5kg.

In Ekiti State, 466.8kg of skunk was discovered at a residence, while NDLEA agents destroyed 20,000kg of cannabis grown on property in Cross River State.

In Niger State, 394 components suspected of being used in improvised explosive devices (IEDs) were confiscated from a suspect, Mohammed Aliyu, 26, who was handed over to appropriate security forces.

NDLEA Chairman Mohamed Buba Marwa praised the officers engaged in the operations and termed the Captagon seizure as a significant disruption to drug trafficking networks.

He warned that the substance remains a target for traffickers because of its links to violence and insecurity, and that the agency would continue to work to prevent its spread.



NGX Best performers for the week ended April 24

The NGX Banking Index advanced 6.81%, driven by First Holdco (17.19%), Ecobank (15.90%), Wema Bank (15.10%), UBA (14.58%), Fidelity Bank (11.22%), Zenith Bank (7.86%), Accesscorp (4.68%), FCMB (4.98%), GTCO (4.12%), and Sterling (2.55%).

In the consumer goods space, the NGX Consumer Goods Index climbed 5.25%, supported by gains in BUA Foods (7.93%) and Nigerian Breweries (2.26%), while Nascon Allied Industries, PZ Cussons, and Unilever ranked among the top advancers.

The NGX Oil and Gas Index rose 0.86%, while the NGX Insurance Index edged higher by 0.40%, rounding off a week of widespread gains across the market.

Top gainers 

UACN Plc: up 42.00% to N142.00

The top-performing stocks for the week were:

UACN Plc: up 42.00% to N142.00

Union Dicon Salt Plc: up 32.73% to N21.90

Nascon Allied Industries Plc: up 32.63% to N206.90

Trans-Nationwide Express Plc: up 30.58% to N7.90

Zichis Agro Allied Industries Plc: up 25.71% to N15.60

Chemical & Allied Industries Plc: up 24.74% to N118.50

Lafarge Africa Plc: up 21.36% to N294.90

PZ Cussons Nigeria Plc: up 18.81% to N92.20

First HoldCo Plc: up 17.19% to N75.00

 Unilever Nigeria Plc: up 17.13% to N121.00

Top losers 

The week’s worst-performing stocks included:

Infinity Trust Mortgage Bank Plc: down 50.79% to N9.35

Abbey Mortgage Bank Plc: down 33.33% to N5.40

Guinea Insurance Plc: down 15.20% to N1.06

Stanbic IBTC Holdings Plc: down 13.82% to N162.50

LivingTrust Mortgage Bank Plc: down 10.98% to N3.65

Sovereign Trust Insurance Plc: down 10.14% to N1.95

Transcorp Power Plc: down 9.97% to N272.70

Meyer Plc: down 9.92% to N16.80

Legend Internet Plc: down 9.60% to N5.65

 NPF Microfinance Bank Plc: down 9.48% to N5.25