Business
Lagos Police to Begin Statewide Clampdown on Vehicles with Covered, Missing Number Plates
BY SUNDAY SAMUEL—The Lagos State Police Command, in compliance with the directive of the Inspector-General of Police, IGP Olatunji Rilwan Disu, aimed at enhancing public safety, strengthening security, and denying criminal elements the opportunity to conceal their identities and activities, will commence a statewide enforcement exercise against vehicles with covered, obscured, unauthorised, defaced or no registration number plates.
The exercise will commence on Monday, 15th June 2026, and will be led by the Commissioner of Police, Lagos State Command, CP Tijani Fatai, psc, mnips. He has directed all Area Commanders, Divisional Police Officers (DPOs), across the State to commence enforcement of the directive and ensure full compliance within their respective Areas of Responsibility. He further directed that any vehicle found violating the directive be impounded and subjected to thorough investigation in accordance with extant laws and established procedures.
The Command wishes to assure members of the public that this enforcement exercise is not intended to inconvenience law-abiding motorists. Rather, it is a proactive security measure designed to enhance the capacity of Police operatives to identify vehicles, investigate crimes, track criminal suspects, and strengthen the overall security architecture of the State.
Accordingly, motorists, transport operators, fleet owners, and members of the public are advised to ensure that their vehicles carry valid, duly issued, and clearly visible registration number plates at all times. Vehicle owners are also encouraged to ensure that all relevant vehicle documents are up-to-date and readily available for inspection when required.
The Command remains steadfast in its commitment to protecting lives and property and creating a safer environment for all residents and visitors in the State. The success of this initiative, like all policing efforts, depends largely on the cooperation and support of members of the public. The Command appreciates the understanding, cooperation, and continued support of Lagosians as it continues to implement measures aimed at ensuring the safety and security of all.
Security is a shared responsibility. The Command therefore urges residents to remain vigilant and promptly report suspicious persons, vehicles, movements, or activities through the Command’s emergency lines: 07061019374, 08065154338, 08063299264, 08039344870, and 09168630929.
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BY SUNDAY SAMUEL—The Zamfara State Police Command says its continuous effort to rid the state of crime and criminality have paid off as a team of police operatives attached to the Violence Crime Response Unit (VCRU), rescued three kidnapped victims along Gurusu–Anka Road who were travelling from Bukuyum to Talata Mafara.
A statement by Yazid Abubakar, Zamfara State Police Public Relations Officer says operatives were swiftly mobilised after receiving a distress call indicating that a large number of armed bandits wielding sophisticated weapons had blocked the Gurusu–Anka Road and kidnapped three persons travelling from Bukuyum to Talata Mafara. The team trailed the armed bandits into a nearby forest. A gun duel subsequently ensued between the police operatives and the bandits. Through the effective deployment of tactical measures, the bandits were overpowered and forced to flee into the bush with suspected gunshot wounds.
As a result of the operation, all three kidnapped victims were successfully rescued unharmed. However, the bandits escaped with an Android phone belonging to one of the victims.
Efforts are currently ongoing to track and apprehend the fleeing suspects through the stolen phone and other intelligence-led strategies.
The Commissioner of Police, A.M Bello Zamfara State Command, commends the bravery and professionalism of the operatives involved in the operation and reassures residents of the Command’s unwavering commitment to protecting lives and property across the state.
The post Zamfara Police Overpower Armed Bandits in Forest Gun Duel, Rescue 3 Kidnap Victims appeared first on Business Today NG.
Elon Musk, the world’s richest person, has attained trillionaire status after SpaceX, the rocket, AI and satellite communications company established by him, turned a soaraway success on its first trading day, surging 20 per cent to $2.1 trillion in valuation.
SpaceX’s shares closed at $161 on the Nasdaq on Friday, compared to its initial public offering (IPO) price of $135, making it the biggest-ever stock market debut.
The IPO had earlier raised $75 billion from investors and the underwriters of the transaction before the listing.
“Liftoff! First $SPCX trade complete,” Space X wrote on X (formerly Twitter), which Mr Musk also owns.
The 54-year old now has a total net worth of $1.1 trillion, according to the Bloomberg Billionaires Index, with its stake in SpaceX standing at 42 per cent or $767.1 billion as of Friday.
SpaceX debuted with a valuation of around $1.8 trillion. Its valuation at the end of Friday’s trade makes it the sixth-largest publicly traded company in the United States.
Trading under the ticker symbol “SPCX,” SpaceX began trading shortly before noon, attracting strong investor demand.
The listing places SpaceX among the world’s most valuable companies, despite the firm reporting a loss of nearly $5 billion last year and generating significantly less revenue than many technology giants with comparable valuations.
“I gave SpaceX a 10 per cent chance of succeeding at all,” Mr Musk said shortly before the company was listed.
SpaceX, since its establishment in 2002, has evolved from an experimental rocket startup into a dominant player in aerospace, satellite communications, and AI-related infrastructure.
READ ALSO: Elon Musk announces formation of American Party
Starlink, its satellite internet business, has expanded SpaceX beyond rocket manufacturing into a broader technology and connectivity platform.
Mr Musk, who now controls several companies, including Tesla, SpaceX, xAI, and X, began building his wealth by co-founding Zip2 and PayPal.
After completing the acquisition of X in October 2022 in a deal worth $44 billion, Mr Musk introduced monetisation features on the platform, which contributed to the growth of his business empire.
After selling Zip2 and later PayPal, he reinvested much of his earnings into Tesla, SpaceX, and other ventures.
Mr Musk’s wealth is now nearly equivalent to the entire economic output of Switzerland or Poland.
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