N476/N480 (updated 30.11.16:noon)
buying/selling naira exchange rates per USD
Wednesday, 5 October 2016

A security guard, Bala Usman, is in the custody of the Lagos State Police Command after he aided the robbery of his employer's car worth N6m and his gang tried to sell same for N2m on Thursday 29 September 2016.

According to a policeman at the Isolo Police Division,
"Usman and his boss lived in the Ikoyi area, where the boss also has a car store. The guard sometime last week stole the key of the car. He then invited the two suspects to drive it away, sell for an agreed price and bring his share.

"On Thursday, we arrested Asogwa, while he and Garba were attempting to sell the vehicle for N2m instead of the N6m market value; that was what raised suspicion. Usman was also there. The suspects had put a fake number plate, AGL 943 DP, on the vehicle."
 
Confirming the incident, Lagos State Police PRO Dolapo Badmos, said:
"Apart from the three, one Chike Umeh and Ekene Eze, who received the stolen vehicle and helped in scouting for buyers, were also arrested by the police.

"The five suspects are undergoing interrogation at the division. They will soon be charged to court."
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