The police have arrested a man, simply identified as Moshood, for allegedly stabbing his friend to death during an argument over N1000.

According to eyewitnesses, the incident happened at Makoko in Yaba area of Lagos.

The friends were said to have found and picked a N1000 note on the ground. A bloodied fight, however, ensued over who owned the money with both refusing to share.

The deceased was stabbed to the death in the process of fighting.

Residents in the community apprehended the alleged killer and handed over to the police authorities.