SPECIAL REPORT
GAME OF THRONES: EXCLUSIVE INSIDERS STORY OF THE RUTHLESS ROT AND NAKED CORRUPT PRACTICES IN STERLING BANK – EPISODE 1
Secret Reporters
Running a bank requires having men of tested integrity and impeccable characters but for Sterling Bank, breaking every known rules of banking is the order of the day, with active connivance from the very top. To them, banking is personal business and the customers’ money a fiddle to play with. Their use of T24 Core Banking Applications (CBA), which they changed to on April 30th 2016 in a project that lasted eighteen months to hide corrupt practices but disguised as applications to improve services, is an exclusive report from Secret Reporters to hit the news stand soon. The 18 tower building is a citadel of corruption.
Some daring insiders who are our ever reliable sources out rightly call the bank they work in ‘Stealing Bank’ as they have not only stolen from the system but also systematically defrauded the bankers within, especially the outsourced staff. To this bank, all is fair, even if it’s crime, as long as the lid is not blown open. This is an endless report on the dirty games that plays out in Sterling Bank, the corporate romance that engulfed the notorious 9th/12th floor and mindless fraud, rampaging the revered bank. It’s the Game of Bank Executive Thrones where the winner takes it all. The Managing Director’s ten years tenure ends this year and the competent sources revealed that he will hand over to one of his Citibank recruits who understands how the cartel works.
These names called and still call the shot in the bank. They determine the fate of every worker on the 12th floor and every other floor, where decisions are sealed. They form the dirty cabal that runs contrary to anything banking. Every fraud that ever happened in the bank which will be unraveled in the episodes had and still has their signatures. They are extremely ruthless and heartless in actions and inaction.
Yemi Odubiyi – He’s the Executive Director of Operation and Services and likely to succeed the Managing Director, Adeyemi Razack Adeola. Alongside the MD and the Executive Director of Finance and Performance Management, Abubakar Suleiman; they run the bank. The three of them are the defunct Citibank recruits. Odubiyi is the most powerful ED in Nigeria banking sector and a dangerous skirt chaser. Very top sources alleged that he has an intimate affair with two of the bank female staff, who climbed the ladder fast, courtesy of their amorous relationship. In a dangerous manner never experienced in the financial world, he did not only encourage fraud but promoted the fraudsters. He’s the sack machine of the bank. His office is on the 9th floor.
Yemi Odubiyi
Adekanla Desalu – He’s the protégé of Odubiyi and even keeps bald head like him. He’s the master of the looters who received the lion’s share in a secret fraud that rocked the bank and works in the ED office. A former Globacom worker who moved to ETB before joining Sterling Bank, he has a legacy in the bank in employing ladies with no previous banking experience but good in wearing miniskirts. With the active connivance of the ED, he gets them recruited and gives them big positions. In July 2016, he was transferred to head the Contact Centre which is an all female unit. “He has allegedly been enjoying himself in the midst of ladies”, revealed a source. Secret Reporters insiders within the bank reported that the recent happening is that the new group head of CEMG, Mr Nduka Mba-Uzoukwu is on the verge of removing him from the contact centre describing him as “an empty vessel”. He will be removed this month!
Adekanla Desalu
Eguru Nyenke – A dangerous player in the bank Headquarter and can do and undo. Her influence cuts across branches and even employs outsource staff. This influence is gotten from her alleged sexual relationship with the ED, Odubiyi. A former Globacom worker but was brought in by Desalu. She was a Unit Head and managed the Contact Centre, which she could not manage until the ED created another unit called Service Performance for her to head just to make her relevant. Employed in 2013 but rapidly promoted in 2015 in a controversial manner that will be detailed in the episodes. Her office is on the 12th floor.
Eguru Nyenke
Busola Awosile – She’s a major rival to Eguru over the heart and attention of the ED, with whom she allegedly has amorous affairs with. Both ladies are known to “shamelessly fight with one another” according to one of our insider sources. They are the two most deadly rivalries that exist in Sterling Bank today. She’s in her mid thirties and known as the Professor Emeritus of miniskirts. The ED employed her as a full Manager in 2013. She once worked in the Customer Unit of Sainsbury Plc. During group meetings, she doesn’t agree with Eguru as they were always arguing and at loggerhead. While Eguru managed the Contact Centre, she was in charge of Customer Experience Management Personnel (CEMPs)
Busola Awosile
Titilayo Ogundipe – A spineless Assistant General Manager and group head of CEMPs who was sacked on 30th January 2016 by the ED, Odubiyi, just to please Eguru, who was having issues with her. She allowed Eguru make a mess of the corporate environemnt because she was afraid of Yemi Ogunbiyi who has emotional relationship with the latter. She is now a facilitator and consultant to banks like FCMB. Her details and times in Sterling Bank where the cabal held her hostage will surface in the episodes. As soon as she was sacked, the ED employed Nduka Uba-Nzoukwu from another bank to head the group.
Kojusola Ajao – She was sacked for a fraud committed by four persons which includes the ED’s lover. In the conspiracy to cover up one of the bank frauds, she was made the scapegoat.
Oluwaseyi Oni – A brilliant banker who was not allowed to soar in Sterling Bank due to the cabal that infested it. Sent on a mission to rescue a unit, he ended up getting ‘penalized’ for a job well done, simply because the powerful Eguru was not happy that he exposed her weaknesses. The ED who is ever at her beck and call did the needful, and today, he’s with First City Monument Bank (FCMB) when he he observed he would lose the ethical battle with Eguru.
Fineface Oguzie – He’s a manager of a Issa Williams branch, beside the famous Balogun Market and behind UBA Headquarters, Marina and never yields profit, but very fraudulent in converting account brought by other staff to his own. For carrying out a dirty job within the bank for the 12th floor occupants, he was promoted from Senior Banking Officer to Assistant Manager alongside Janet Akpan who is one of the fraudsters and assists Eguru in her reign of terror was promoted from Executive Trainee to Senior Executive.
*** The scary fraud reports begins…
SPECIAL REPORT
Nigerian Government Accuses Secrets Reporters Publisher Fejiro Oliver of Espionage, Invites Him For Questioning Days After Kidnapping Its Reporter
Secrets Reporters
The Nigeria Police Force National Cybercrime Centre (NPF-NCCC) has invited the Publisher and Editor-in-Chief of Secrets Reporters, Mr. Tega Oghenedoro, also known as Mr. Fejiro Oliver, for questioning over an ongoing investigation into alleged offenses bordering on espionage, cyberstalking, and computer-related crimes, days after kidnapping one of SecretsReporters Senior Reporter Stanley Ugagbe
Recall that at the close of work on Wednesday the 1st of July, 2026, Ugagbe was kidnapped on his way home by officers of the NIgerian Police force in connection with a report published by SecretsReporters, titled “EXCLUSIVE: CBN Deputy Governor Emem Usoro Linked to N3.6bn Los Angeles Property Amid Questions Over Asset Declaration Compliance (Part 2)”
Mr Stanley was released on Monday by 7:30pm to the President of the International Press Institute (IPI), Mojeed Muskilu, who was on ground to ensure he was not detained further.
A letter dated 6 July 2026, with reference number CR: 3000/X/NPF-NCCC/FHQ/ABJ/TDP-LM/VOL.1/364, was issued by the National Cybercrime Centre and addressed to Mr. Oghenedoro at the media organization’s office in Wuye, Abuja.
According to the letter, the Cybercrime Centre stated that it is investigating “a case of espionage, cyberstalking, and computer-related offenses in which your name featured prominently.”
The police requested the publisher to report to the National Cybercrime Centre for an interview through the Assistant Director, Defence and Protection Unit, NPF-NCCC Abuja.
The invitation is scheduled to be held on Wednesday, 8th July 2026, at 10:00 a.m. at the Nigeria Police Force National Cybercrime Centre office, Plot 625, Mission Road, Diplomatic Zone, Abuja.
The letter also directed the invitee to contact a phone number listed in it for directions upon arrival. It concluded by requesting his cooperation with the investigation, stating that it “will be highly appreciated.”
The invitation letter was signed by DCP Olufemi Akinola, psc (+), Deputy Director (Operations), NPF-NCCC, Abuja.
In the course of detaining its senior reporter, Stanley Ugagbe, the government through the police accused Secrets Reporters of leaking government documents through its medium and spying on the government to foreign countries, a claim the publisher has denied.
As at the time of filing this report, the publisher has stated that he’s currently not in Nigeria and will answer the invitation as soon as he gets back to the country.
BEHIND THE SCENCES
Kidnapped SecretsReporters Journalist Stanley Ugagbe Found at Police Headquarters After 48 Hours Blindfolded Over Government Secrets Leak and Petition by CBN Deputy Governor Emem Usoro
Secrets Reporters
Fresh details have emerged regarding the whereabouts of abducted SecretsReporters journalist, Stanley Ugagbe, who was allegedly seized by armed men in mufti on his way home before being taken to his residence, where his laptop and mobile phone were confiscated.
SecretsReporters has obtained videos showing masked security operatives handcuffing and taking Ugagbe away. According to information available to this newspaper, he was intercepted by armed men in Karu, Abuja, while returning home from official training on Wednesday, July 1, 2026, at about 6:00 p.m.
Policemen in masks abducting Journalist Stanley Ugagbe
The operatives handcuffed him, took him to his residence in Jikwoyi, seized his work laptop and phone, blindfolded him and drove him to an undisclosed location.
As earlier reported by this newspaper, Ugagbe’s arrest is believed to be connected to a report published by SecretsReporters titled: “EXCLUSIVE: CBN Deputy Governor Emem Usoro Linked to N3.6bn Los Angeles Property Amid Questions Over Asset Declaration Compliance (Part 2).”
Sources said Ugagbe remained blindfolded throughout the night at the first location until Thursday, July 2. He was then driven to another facility, still blindfolded, before the blindfold was removed. SecretsReporters has since established that the facility was the National Cybercrime Centre (NCCC).
Sources within the NCCC told SecretsReporters that one of the petitions against the journalist was submitted by the Deputy Governor of the Central Bank of Nigeria, Emem Usoro, who reportedly alleged that he published false information about her.
According to the same sources, a second petition, allegedly submitted anonymously, accused the journalist platform of leaking sensitive government information and official secrets considered detrimental by the authorities.
During questioning, Ugagbe reportedly maintained that, as a reporter, he was assigned stories by the management of SecretsReporters and was not the custodian of the source materials used in preparing some investigative reports, as all investigations belongs to the organization.
The sources further stated that he noted that laptops, communication devices and other equipment used by him and other reporters in carrying out their official assignments are company property belonging to SecretsReporters.
Meanwhile, an examination of Ugagbe’s mobile phone call records obtained by SecretsReporters showed that his phone was switched on by security operatives at about 4:00 a.m. on July 2. During that period, four calls were received but went unanswered before the device was switched off again.
The Police is yet to officially own up to kidnapping the journalist.
General News
Exclusive: Ex Militant Tompolo Moves Niger Delta Traditional Rulers To Beg President Tinubu Over N2.1 Trillion Pipeline Surveillance Contract Renewal
Secrets Reporters
The battle for the renewal and cancellation of the N2.1 trillion pipeline surveillance awarded to two companies owned by two cousins namely Tantita Security Services Limited and Maton Engineering Limited has shifted to Abuja.
SecretsReporters can exclusively report that the decentralization of the pipeline surveillance championed by social activist and businessman, Tega Oghenedoro, popularly known as Fejiro Oliver, has led to President Bola Tinubu giving his words to stakeholders that he will split the contract along ethnic line, which has caused worries to Government Ekpemupolo aka Tompolo, who owns Tantita Security company covering the Western Corridors of the pipeline contract. His cousin Matthew Tolangha owns Maton Engineering Limited that covers the central corridor.
To convince the President that his company Tantita be solely responsible for holding the multi trillion Naira contract while subleasing to other minor companies, we can authoritatively report that he has bought flight tickets and reserved hotel accommodation for almost all the Niger Delta traditional rulers, apart from the first class kings who refused the gestures, to meet the President next week Thursday in Abuja. They will be leaving for Abuja on Wednesday, revealed several traditional rulers to this medium. The contract is due for renewal in August 2026 but has faced opposition from major stakeholders under the banner of ‘Guard your pipeline and I guard my own’, led by Fejiro Oliver and former Niger Delta agitators like HRM Ateke Tom, Victor Ben aka General Boyloaf, Ajube aka Shoot at Sight, Ateke Tom and many others. Recently, Niger Delta stakeholders such as Ayiri Emami and Diden Michael aka Ejele also joined in the call for the decentralization of the pipeline surveillance.
“We have been promised $5,000 per person after seeing Mr President, which is different from our already paid return flight tickers and hotel accommodation. We should be around hundred selected kings that will meet the President to discuss Niger Delta issues, pass a vote of confidence on Tinubu, endorse him for a second term, even though we know the main purpose is to tell him to give the contract back to Tompolo next month” narrated a king who craved anonymity. An estimated cost of the logistics and welfare package means over N5 billion may be spent by the warlord on the king’s alone.
The meeting we gathered was made possible by the embattled Chief of Staff, Femi Gbajabiamila, who is facing national heat for allegedly demanding for over Ten billion Naira bribe from Prince Adeyemi ‘fake’ Presidential Investment Council and the National Security Adviser, Nuhu Ribadu, who is at the forefront of ensuring that the contract is awarded back to Tompolo despite obvious resistance from the region.
The National Assembly committees on Gas, Midstream, Upstream and Downstream recently passed a vote of confidence on Tantita, a move condemned by stakeholders led by Ijaw Youth Council President, Theophilus Alaye during a two hour live coverage on national television.
Since the award of the contract to the ex militant, local oil bunkering has reduced drastically, yet oil production has been below the OPEC benchmark.
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