The lawmaker representing Kogi Central Senatorial District, Natasha Akpoti-Uduaghan, failed to appear before the Senate Committee on Ethics, Privileges, and Public Petitions on Wednesday, which is investigating her conduct during last week’s plenary session.

The female lawmaker had previously engaged in a heated exchange with Senate President Godswill Akpabio over seat allocation.

Akpoti-Uduaghan also accused Akpabio of publicly humiliating her and obstructing her motions and bills on the Senate floor.

Her refusal to accept the new seating arrangement led to the Senate President denying her the opportunity to speak during the session.
In response, the Senate referred the matter to its Committee on Ethics, Privileges, and Public Petitions.

 

At the committee meeting, the Chairman, Senator Neda Imasuen (PDP, Edo South), expressed disappointment over Akpoti-Uduaghan’s absence, stating, “Senator Natasha was duly invited to this meeting. We hope she will join us as we continue.”

As of the time of filing this report, the Kogi lawmaker had yet to arrive for the hearing.

Details later…

[Punch]

Newcastle striker Alexander Isak’s home was raided by a “professional group of travelling burglars” who stole his car and jewellery worth £68,000 ($87,000), a court heard on Wednesday.

The Sweden international was not in his house in Northumberland, in northeast England, when the gang broke in through a glass door last April, Newcastle Crown Court was told.

The thieves had already stolen jewellery and clothes worth more than £1 million from a businesswoman and designer goods worth £100,000 from another woman in the previous days.

Three members of the same family, living in Italy, have admitted conspiracy to commit burglary, the court heard.

A fourth family member, Valentino Nikolov, 32, denies the charge.

Dan Cordey, prosecuting, said Isak left his home between 4:00 pm and 10:00 pm on April 4, and he discovered the break-in when he returned.

The gang broke into his TV room and “inside an untidy search took place”, Cordey said.

Cash between £5,000 and £10,000 was taken, along with jewellery worth about £68,000 and Isak’s Audi car, which a member of the public later found abandoned, jurors were told.

CCTV images of the break-in were recorded.

“This was a professional group of travelling burglars,” said Cordey. “It contained one female and three men — all related. Two of those men and one female have admitted their part in pleading guilty.”

Cordey said the fourth man was the defendant Valentino Nikolov.

The gang arrived in Britain via a ferry from Calais to Dover last March, using a motor-home as their base, the court heard.

Nikolov, of Birmingham, is representing himself at the trial and requires an Italian interpreter.

Jurors have been told his brother Giacomo Nikolov, 28, his sister Jela Jovanovic, 43, and her son Charlie Jovanovic, 23, who all live in Italy, have admitted conspiracy to commit burglary.

Isak has enjoyed a standout season for Newcastle, scoring 22 goals in all competitions for Eddie Howe’s team, who face Liverpool in the League Cup final at Wembley on March 16.

[Vanguard]

 
  • AAVE gains nearly 8% on Wednesday as crypto traders digest Bitcoin’s return above $87,000 after the flash crash. 
  • Crypto market capitalization is back above $2.9 trillion, even as institutional traders slowly lose appetite for risk assets. 
  • Bitcoin, Ethereum, and XRP lag and observe a slow recovery from Monday’s market crash. 

Aave (AAVE), the native token of the Aave lending protocol, is rallying on Wednesday as the crypto market recovers from Monday’s bloodbath. Bitcoin (BTC), Ethereum (ETH), and XRP note small gains on the day as traders maintain a risk-averse stance in crypto, grappling with volatility concerns this week ahead of the White House Crypto Summit on Friday. 

While the crypto community prepares for the first White House Crypto Summit of its kind, enthusiasm among traders is capped. The crypto Fear & Greed Index on alternative.io shows that traders remain fearful as the indicator reads 20 on a scale from 0 to 100. 

AAVE yields nearly 8% gains for traders on the day, while the top 3 cryptocurrencies, BTC, ETH, and XRP, lag behind at the time of writing. 

Why AAVE is rallying?

AAVE recently deployed its lending markets on Sonic, a blockchain that evolved from Fantom. This marked the DeFi lending platform’s first Layer 1 expansion in 2025, part of the project’s roadmap. 

AAVE’s version 3 was deployed following the approval of the governance proposal, and the launch on Sonic Labs was followed by a gain of $33 million in total value locked (TVL) within 24 hours. 

Data from Lookonchain, an on-chain intelligence tracker, shows that large wallet investors like izebel.eth(@izebel_eth) purchased AAVE tokens worth $4.25 million on Wednesday. 

Bitcoin, Ethereum, and XRP post 1.21%, 3.15%, and 1.85% gains, respectively, on the day. The addition of XRP to the US Crypto Strategic Reserve raised concerns among traders across X, sparking debates over the relevance of the altcoin. However, the token is holding its seven-day gains of nearly 8% and continues to recover slowly. 

Ethereum hovers around the $2,100 level, and Bitcoin is inching close to resistance at the $90,000 level on Wednesday. 

AAVE eyes double-digit rally

AAVE’s Relative Strength Index (RSI) key momentum indicator in the daily chart is sloping upwards and reads 47, close to the neutral level of 50. Meanwhile, the Moving Average Convergence Divergence (MACD) shows a bullish crossover, suggesting there is underlying positive momentum in AAVE’s price trend, albeit relatively small compared to the last week of February. 

AAVE trades at $224 at the time of writing on Wednesday and steadily climbs towards the 10-day and 50-day Exponential Moving Averages (EMAs) at $251.77 and $254.04, respectively. A re-test of resistance at the 50-day EMA at $254.04 would mark over 13% gains in AAVE price. 

On the downside, the DeFi token could find support at the lower boundary of the Fair Value Gap (FVG) on the daily chart at $213. 

AAVE

AAVE/USDT daily price chart 

Expert comments on crypto market recovery and impact of proposed tariffs

After the steep decline in crypto prices on Monday, crypto traders are digesting the impact of the pump and dump that followed US President Donald Trump’s strategic reserve announcement. Though Bitcoin rallied to its all-time high in January, the token recorded a 17.39% decline in February, the largest drop since 2014. 

While the market reels from over $1 billion in liquidations across derivatives exchanges, traders are fearful. 

Uldis Teraudklans, Chief Revenue Officer at Paybis, discussed the state of the market with FXStreet and what to expect. 

Teraudklans said, “Thus far this year, Bitcoin has proven more reactive to macroeconomic trends, including trade wars and interest rate trends. With large Wall Street firms now exposed to the coin, it is more susceptible to significant liquidity flows, thus contributing to its volatility. This [negative 17.39% monthly return in February] decline can be attributed to a loss of institutional appetite for risk assets, driven by the trade and tariff tensions initiated by the Trump administration. Bitcoin's correlation with the S&P 500 has further contributed to the decline. 

Bitcoin has never been a safe-haven asset—only an aspirational one. Yet, the promise remains, and with every cycle, critics revisit this so-called "failure." My perspective is that Bitcoin has consistently been a risk asset, following a long-term trajectory toward becoming a safe-haven, risk-off asset. This was true in previous cycles and remains true today.”

The expert says, “Only when Bitcoin reaches the market capitalization of gold can we seriously evaluate whether it can replace it as a safe-haven asset.”

[fxstreet]

Russia mulls experimental cryptocurrency trading for top-tier investors, with a $250,000 minimum asset holding.

Russia is exploring the idea of launching experimental cryptocurrency trading for top-tier investors, a move that would allow a select group to participate in the cryptocurrency market, state-controlled news agency Interfax reports, citing Aleksey Yakovlev, the Ministry of Finance’s financial policy department head.

Per the report, the Ministry of Finance and the Bank of Russia are leading talks on the project, which aims to create a safe space for crypto trading. However, the plan is still in its early stages, Yakovlev added without elaborating on the details.

It’s understood that the pilot would be open only for top-tier investors — professional market participants and individual investors — with personal holdings at least at 24 million rubles ($250,000).

While owning crypto is allowed in Russia, using it as a legal tender is banned. Officially, the country has no centralized exchange for cryptocurrencies. This means that individuals can trade crypto only on foreign platforms.

However, as crypto.news reported earlier, Garantex, a crypto exchange sanctioned by the U.S. and the European Union, seems to be one of the largest Russia-based exchanges operating within the Kremlin’s purview. The exchange has offices in Moscow’s Federation Tower and allows deposits and withdrawals in rubles to Russian bank cards, including those from Sberbank, Tinkoff, and Alfa-Bank.

[Crypto News]

 

Technical charts, particularly the shape of candlesticks, often reflect the psychology behind the market, highlighting trader sentiment and behavior. Since Friday, at least two bitcoin (BTC) candles have indicated bullish undercurrents at multi-month lows, providing a glimmer of hope for crypto bulls.

The chart below shows that BTC's price decline has stalled at the 200-day simple moving average support level since last Wednesday. Daily candles for Tuesday and Friday are of particular interest, as both have small bodies with long lower wicks, hinting at bear failures below the 200-day SMA.

In other words, on both days, sellers initially pushed prices below the key average but failed to establish a foothold there, likely due to buyers stepping in to protect the support level.

Such candles appearing after a notable downtrend, which is the case in BTC, signal a potential bullish reversal. Traders usually see it as evidence of weakening selling pressure that might translate into a renewed bullish phase.

So, BTC could bounce back to Sunday's high of around $95,000, above which traders may once again set sights on the $100,000 mark. On the flip side, a downside break of the 200-day SMA could deeper losses.


  • Sygnum Bank Expands Custody to Include Leading Crypto Options Exchange Deribit
    Deribit CEO Luuk Strijers (Extreme right) at Consensus Hong Kong (CoinDesk) · CoinDesk

    Crypto bank Sygnum has expanded its custody platform to include the world's leading options exchange Deribit.

    Sygnum and Deribit are now leveraging crypto custodian Fireblocks' "Off Exchange" service, which allows traders to essentially "mirror" their assets held in custody on a trading platform.

    This will allow traders to hold their assets in a regulated bank while continuing to access the deep liquidity of Deribit, according to an announcement shared with CoinDesk on Wednesday.

    Traders received an unwelcome reminder of the dangers in keeping their assets on an exchange last month with the $1.4 billion hack of Bybit by North Korean Group Lazarus.

    "Counterparty risk awareness in crypto comes in cycles, and the recent major cyber-attack has triggered one of the largest waves of exchange derisking since FTX," Sygnum's chief product officer, Dominic Lohberger, said.

    Zurich-based Sygnum, which acquired a valuation of over $1 billion following a $58 million funding round in January, is licensed in its native Switzerland as well as Luxembourg and Singapore.

    Deribit is among the world's leading derivatives exchanges, with trading volume surpassing $1 trillion in 2024. Its options volume alone reached $743 billion.

    [CoinDesk]

As you may have heard, this has already been a big week for cryptocurrency. With the announcement from President Donald Trump on March 2 for plans to create a national cryptocurrency reserve, which is set to include Bitcoin (CRYPTO: BTC)XRP (CRYPTO: XRP)Solana (CRYPTO: SOL), and a couple of others, it's hard to see how there could be other big developments on the docket.

Nonetheless, there's a major catalyst event slated for March 7. Here's what investors should be looking out for, and why it matters for the coins you hold.

Regulators and industry will get a chance to mingle

March 7 will see the very first crypto summit to be hosted by the president, at the White House. Major investors, CEOs, politicians, and other notable members of the public will be in attendance, perhaps including financial regulators. The president will be making an address with prepared remarks.

This kind of event is fully unprecedented in the history of cryptocurrency, and it will doubtlessly move the crypto markets promptly and significantly if any major policies are announced or clarified. What's more, while volatility is guaranteed, it is very likely that new policy announcements will imply meaty changes to the industry's potential to grow. Of particular importance will be any elaboration on the size, distribution, or actual purpose of the cryptocurrency reserve, not to mention the legal or regulatory basis for implementing it as a policy. There will also be a back-and-forth process of determining how realistic the proposed reserve is in terms of the political aspects of its implementation.

One older proposal for the reserve calls for purchasing 5% of all outstanding Bitcoin supply over the next five years. Per that proposal, the coins would be held for at least 20 years. Such a proposal being implemented for Bitcoin, or a similar one being implemented for Solana or XRP, would likely result in a gargantuan move upward in the prices of these coins. And there isn't any guarantee such a move would be retraced, as the expectation would be that the government would hold for as long as it specified at a minimum.

In other words, these policies could easily become part of the investment thesis for why these assets are worth buying and holding forever.

There may be moments during the summit (or afterward) that tempt you to dump everything. Alternatively, there will probably be moments where you want to slam all of your remaining cash into buying coins. Resisting both of these temptations is important to preserving your portfolio's value over the long term, so prepare for it. This isn't the time to be actively watching the prices of your coins move from minute to minute. In fact, there is never such a time.

The long-term implications are positive, but far from fully clear

The fact that there's a crypto summit at the White House at all is a bullish sign for the industry. It supports the idea that Bitcoin, XRP, Solana, and the other assets that could be included in the reserve are serious investments that are worthy of getting some exposure to.

At the same time, it is very difficult for investors to plan around policies that haven't been elaborated on yet. And it's clear that many regulatory bodies overseeing the crypto sector are being shaken up right now, which makes the planning process even harder. Likewise, there is a real possibility that the new regulations will not be received well by financial institutions. If that happens, they may not buy as much of these coins as they would have otherwise.

Still, there's not much point in speculating at the moment, either in the financial sense or the narrative sense. Nor is there much reason to sell your holdings. It might even be acceptable to load up on a bit more of the smaller coins under consideration for the reserve, particularly Solana. After all, the leadership of fairly centralized chains like Solana and XRP will have a chance to talk directly to policymakers and senior administration leaders at the summit, which could influence any subsequent regulations significantly in their favor.

Keep a close watch for announcements coming out of this summit, as well as in the days leading up to it. Even if the summit doesn't trigger the melt-up that investors are hoping for, there will certainly be a lot of discussion about the future of cryptocurrency, and that'll affect your holdings, as well as your intuitions about where to invest in the future.

[[The Motley Fool ]

When we started with digital assistants, Microsoft potentially had the inside track. Its Cortana effort was named after the Halo AI character, which gave it far more potential than the others.

Apple had a decent shot, too. It marketed Siri very well but didn’t seem to want to fund its advancement, while Amazon just shipped product after product that used Alexa.

Google was no slouch either, pivoting hard to its Gemini product (which I use a lot) for Pixel smartphones.

What I find fascinating is that Panos Panay, the guy who pretty much made the Microsoft Surface line a thing and drove my favorite phone, the Surface Duo, is now at Amazon and apparently doing there what should have happened at Microsoft with Cortana.

Let’s discuss how we got here, what to expect, and why this move from Amazon will be a game-changer. We’ll close with my Product of the Week: AMD’s new RX 9070 and RX 9070 XT graphics cards.

Microsoft’s Cortana Failure

Microsoft was one of the first to introduce a believable AI assistant. What made it believable was that it was named after a character in the Halo video game. To make it work, Microsoft needed to advance this technology and make it look like it did in the game.

You might have thought this was a stretch, but an engineer working on his own created exactly what this would have looked like, and it worked. Imagine how this would have set the stage and provided a huge competitive advantage for the company once generative AI was driving into the market years later. It would have been the centerpiece of any tech-forward home, particularly for those of us who got hooked on Halo back in the day.

Then, instead of becoming the digital assistant that would rule them all, Microsoft did what it so often does these days: it underfunded and under-executed the effort with virtually no help from marketing and eventually pulled the plug on it years before generative AI became a thing.

Apple’s Siri Misstep

Apple also had a shot at this race with Siri, which was, compared to Microsoft, far better marketed and executed even though, like Cortana, it really wasn’t AI so much as a text-to-speech, speech-to-text interface for the web. Apple had more people using Siri than any of the alternatives, but the promise of Siri that the ads tended to convey was well short of Siri’s reality.

Even today, when I’m on a panel discussing AI, someone almost always points to Siri and argues that it isn’t AI because it sets such a bad example.

Apple had the opportunity as part of its now failed partnership with IBM (who saw that coming?) to have Siri be the front-end for IBM’s watsonx, which would have made Siri into the first digital assistant that was a true AI. But that partnership was virtually dead on arrival, largely because Apple just doesn’t work well with partners. While IBM has a far better partnership skill set, even IBM couldn’t save the thing.

Siri remains in use — though that may change now that Apple can spell AI — but it’s still the disappointment it has always been.

Alexa Surprise

Amazon has lost billions on Alexa. However, arguing that Alexa is a failure is unfounded mainly because many users order products from Amazon using Alexa. Unlike the others, Amazon saw the potential to create a front end for the retail business and use the digital assistant to remind and help people to order stuff and become a trusted part of their day.

I know we often start our day asking Alexa about the weather and end the day asking Alexa about actors in shows (for those not using Amazon X-Ray, which is a truly handy feature available with Amazon streaming content) or getting color on the limited information we’re watching on TV.

Even though, just like Cortana was, and Siri is, Alexa is more of a web front end than true AI and has proven far more useful. The only thing we use almost as much is Google’s digital assistant, which, for some reason, doesn’t have a cute name.

What will change in the coming weeks is that Alexa moves to generative AI. Granted, that move was promised in 2023, but this turned out to be more difficult than they thought. Still, it is better to do something well than quickly — and while this feature will only be for Prime members, so it is not truly free, the result should be a huge improvement in this technology class.

The generative AI assistant will be called Alexa+. It will work on most Alexa devices, a smartphone app, and the Amazon website. So, although Amazon wasn’t first, didn’t have a game to connect to, and was more of a retailer than a tech company, it out-executed Apple, Google, and Microsoft.

Google is arguably a distant second with its planned implementation in Pixel phones, which may be a problem for me because I carry a Pixel phone, and I might prefer Alexa+.

Wrapping Up: Alexa+

If you aren’t working with AI, you should start because you’ll need that skill set to do many things in the second half of this decade. AI can handle complex questions with detailed answers, generate content, offer nuanced advice, and even assist with productivity.

Alexa+ will let up jump to scenes in movies you own or rent on Amazon’s video service, ask for unique playlists on Amazon Music, and get far better answers than just a reading of a web page that Alexa would have previously defaulted to.

You’ll be able to use natural language rather than the Alexa commands you need to learn, and you’ll be able to give it complex, multi-step directions based on historical knowledge. For example, you can ask it to book the same place for your anniversary that you booked last year, purchase tickets at specified prices, or even recommend and contact repair services for something broken.

 

With the Rink security cameras — and this is huge — you could ask Alexa+ to show you any images of people who have been frequenting your property, how often your kids are actually walking the dog, or to figure out where your cat is (assuming a camera has or can see it).

There will likely be some quality problems because AI developers aren’t focusing enough on quality yet, which I think is a huge mistake. So you’ll want to be careful about taking everything Alexa+ says as fact. There will likely be some issues with third-party applications until they become fully integrated, but this is huge, and I think it will change how we look at digital assistants going forward.

Panos Panay wasn’t able to execute at Microsoft, though I know he tried — so it’s great to see Amazon give him what he needed to perform there. Maybe a future Amazon device will be able to do what that Cortana prototype did and give Alexa+ a face. We’ll see.

 

 

 
[technewsworld]
KEY POINTS
  • Qualcomm announced the X85, its latest high-end modem.
  • It has taken some time for Apple to release its first modem and it did so quietly with the launch of the iPhone 16e last month. The cellular modem is called the C1.
  • In an interview with CNBC on Tuesday, Amon touted the improved performance of the modem, suggesting it would create a big gulf between it and Apple.

Qualcomm CEO Cristiano Amon told CNBC its latest modem will create a big distance in performance versus Apple, which has made its first foray into the technology.

Modems are a key component of smartphones that connect the device to the mobile network. Qualcomm is one of the biggest modem suppliers in the world and for years has been the go-to company for Apple’s iPhones.

But in 2019, Apple bought Intel’s modem business with the view of designing its own modem in-house, much like it does with its smartphone processors.

It has taken some time for Apple to release its first modem and it did so quietly with the launch of the iPhone 16e last month. The cellular modem is called the C1.

This week, Qualcomm announced the X85, its latest high-end modem. In an interview with CNBC on Tuesday, Amon touted the improved performance of the modem, suggesting it would create a big gulf between it and Apple.

“It’s the first modem that has so much AI, it actually increases the range of performance of the modem so the modem can deal with weaker signals,” Amon told CNBC.

“What that will do will set a huge delta between the performance of premium Android devices, and iOS devices, when you compare what Qualcomm can do versus what Apple is doing.”

The iPhone 16e is Apple’s cheapest smartphone on the latest range. Several reports suggest Apple is working on modems for its higher end iPhones.

Amon reiterated a statement he has made previously that he expects Qualcomm will not supply Apple with modems in 2027.

Addressing potential technology advances with Apple’s modem, Amon said the components will be key for AI and Qualcomm will be able to address that.

“If modem is relevant there’s always a place for Qualcomm technology,” Amon said.

“In the age of AI, modems are going to be more important than they have ever been. And I think that’s going to drive consumer preference about do they want the best possible modem in the computer that’s in their hand all the time,” Amon added.

[CNBC]

 

The Ripple-based token rallied strongly during the mid-week trading session, posting an intra-day gain of about 8% for the day as it looked set to breach the $2.55 mark.

The altcoin is now the third-largest crypto asset by market valuation, trading at $144.5 billion, displacing Tether (USDT) with a valuation of $142 billion into fourth place.

The atmosphere in the Ripple ecosystem significantly elevated after the inclusion of Ripple’s XRP in President Trump’s statement on the Crypto Strategic Reserve.

 

President Donald Trump stated that XRP, Cardano (ADA), and Solana (SOL) will now be part of the US crypto reserve.

This comes after he signed an executive order creating a working group on digital assets tasked with establishing clear regulations for the cryptocurrency industry and determining whether a national digital asset stockpile is feasible.

The main goal of the proposed reserve is to strengthen the US digital asset market. The plan highlights three well-known cryptocurrency assets as essential parts of the recommended reserve structure. By suggesting a more crypto-friendly SEC chair and establishing a strategic reserve with US-based coins, President Trump reportedly intended to make cryptocurrency development easier.

Technical Analysis

The market action demonstrated that XRP has failed to hold the $2.55 support line, confirming a tug-of-war between bulls and bears.

Market indicators show that if the $2.55 support line is not recovered, the current recovery will likely be vulnerable. If the price breaks above $2.65, price discovery will occur. The RSI’s declining peaks affirmed market sentiment that such a rally was likely a liquidity trap for small portfolios.

Market Fundamentals

The main concern for Ripple is the SEC litigation and actual adoption, which is even more significant than Trump’s increased visibility of XRP. Whales understand this and would rather profit quickly than risk a false “strategic reserve” status.

Cryptocurrencies like XRP are now more accepted thanks to the SEC’s recent reform. In the past, the commission vigorously examined a variety of digital assets under Gary Gensler’s direction, even bringing legal challenges against Ripple Labs.

XRP has prospered under the Trump-led administration due to the change in regulatory attention.

XRP had no chance of success under the Joe Biden-led administration, underscoring the importance of regulatory certainty in asset performance.

Ripple Has No Obligation to XRP Holders

David Schwartz, the CTO of Ripple, recently affirmed that Ripple is under no obligation to hold XRP, attributing this notion to XRP’s security misrepresentation.

  • He made his remarks in response to a continuing debate concerning Ripple’s obligations to token holders. Pierre Rochard, an XRP critic and supporter of Bitcoin, contended that Ripple has no function to benefit XRP holders. He claimed that even if selling its substantial XRP holdings hurts retail investors, the company is still free to do so. In his opinion, this is what renders XRP insecure.
  • Remarkably, Schwartz concurred, stressing that Ripple acts in its best interests, like any other company.
  • He likened owning XRP to owning early pieces of art by a budding artist. Investors are under no duty to support the artist’s continued creation of value that enhances their holdings, even though they may wish to.
  • He emphasized that no business, including Ripple, should be expected to act against its interests to please investors. The CTO of Ripple noted that the company has been a well-known participant in the market for almost 14 years. The business has more XRP than it could realistically sell off quickly.

A well-known Ripple critic, who goes by the handle “ScamDaddy,” posted a screenshot of the exchange after Schwartz’s most recent comments. He implied that this has always been obvious and asked why anyone would be shocked by Ripple giving its business objectives top priority. In response, Schwartz said that people promoting the idea that XRP is a security are primarily to blame for the misunderstanding regarding Ripple’s role in the ecosystem.

He suggested that such a group had purposefully misrepresented how XRP and Ripple are related. “The ‘XRP is a security’ crowd is primarily to blame for purposefully causing misunderstanding regarding the connection between Ripple and XRP,” he added.

[Nairametrics]

Concerns are growing within the Nigeria Police Force (NPF) over the continued stay of Inspector General of Police (IGP) Kayode Egbetokun, despite exceeding the statutory retirement age of 60 years.

While several senior officers have been compulsorily retired due to alleged age falsification and violations of service rules, Egbetokun has remained in office, an issue that has sparked internal discontent.

 

By March 3, 2025, Egbetokun officially retired all his coursemates, filling their positions with senior officers perceived to be loyal to him.

 

However, insiders within the police hierarchy are questioning why the IGP himself has not stepped aside, despite strictly enforcing retirement policies on his colleagues.

A source within the force told SaharaReporters that Egbetokun has privately admitted that he nearly lost his position but was saved by the intervention of First Lady Remi Tinubu, with whom he is said to have close ties.

“The IGP almost lost his job, but the First Lady intervened.

“Now, he is more confident than ever and is making strategic moves to secure his position,” a senior government official revealed.

Egbetokun Moves To Force Out AIG Owohunwa

The latest officer to face uncertainty under Egbetokun’s leadership is Assistant Inspector General (AIG) Idowu Owohunwa, whom the IGP reportedly considers an “archenemy” and a threat to his continued stay in office.

Sources disclosed that Owohunwa’s retirement letter has already been prepared and is expected to be issued next week after he failed to secure promotion to Deputy Inspector General (DIG).

The Police Service Commission (PSC) declined to promote Owohunwa, effectively sealing his fate.

Earlier this week, Naija News reported that the PSC approved the appointment of six new Deputy Inspectors General of Police (DIGs) to replace those who were recently forced into retirement by police authorities.

[NaijaNews]