Nigerian Groups Hail UK for $9.5m Asset Recovery
CISLAC and Transparency International Nigeria commend the UK for recovering $9.5m in stolen Nigerian assets. They urge transparency in managing recovered funds to benefit citizens.
Category : Search result: Proceeds of Crime Act
Gang jailed for £1m burglary spree after flaunting loot
An Albanian crime gang dubbed 'Bonnie and Clyde' admitted over 40 high-value burglaries across the UK, stealing £1m in jewellery and cash. Read how their social media boasts led to their downfall.
South Africa Tops 2026 Africa Crime Index, Nigeria Ranks High
New 2026 data reveals Africa's most dangerous countries. South Africa leads with a 74.5 crime index, while Nigeria faces high risks from kidnappings and cybercrime. See the full list.
Budget Office: Re-enactment of 2024, 2025 Budgets Constitutional
The Budget Office of the Federation insists the repeal and re-enactment of the 2024 and 2025 budgets is legal. DG Tanimu Yakubu addresses misconceptions. Read the full details.
UK Man Gets 14 Years for Online Assisted Suicide Sales
A British man, Miles Cross, has been sentenced to 14 years in prison for selling lethal chemicals online to vulnerable individuals, leading to two deaths. Read the full story.
Bitcoin Hacker Released Early, Thanks Trump
Ilya Lichtenstein, convicted for laundering $4.5B from Bitfinex hack, is out on home confinement. He and his wife thank Trump's First Step Act. Read full details.
Intelligence-Driven Action Urged Against Human Trafficking
West African stakeholders call for urgent, coordinated action against human trafficking, highlighting its $150bn annual profit and 75% child victim rate. Learn about the regional strategy.
Denying Sex Can Lead to 2-Year Jail - Ghana Police
A Ghana Police ACP warns that denying a partner sex can be charged as emotional abuse under the Domestic Violence Act, with a maximum 2-year prison sentence. Learn the details.
Nigeria's Parliament Votes on Major Constitutional Reforms
Nigeria's House of Representatives votes today on landmark constitutional reforms including state police and gender inclusion. The outcome will shape the nation's democracy amid deep political divisions.
NMDPRA, NUPRC Chiefs Resign After Dangote's Allegations
President Tinubu seeks Senate confirmation for new oil sector chiefs after Farouk Ahmed and Gbenga Komolafe resign. The move follows Aliko Dangote's public allegations of multi-million dollar school fees payments. Read the full details.
Customer Warns Banker Over 2026 Family Tax Deductions
A Nigerian banker reveals a customer's threatening message about the new 2026 Tax Act. See the viral 'wahala' and public reactions to the impending tax reforms.
Court dismisses suit challenging PIA host community provisions
A Federal High Court in Warri has dismissed a suit seeking to invalidate key Petroleum Industry Act provisions on host community liability. The court affirmed the Act's validity. Read the full details.
Nigeria's oil rigs stuck at 41 amid OPEC expansion
Nigeria's oil rig count remained flat at 41 in November, unchanged from 2024, while OPEC nations boosted activity by 7%. Discover the structural challenges holding back Africa's top producer.
DMO to States: Comply with Fiscal Responsibility Act on Loans
The Debt Management Office has urged state governments to strictly adhere to the Fiscal Responsibility Act when borrowing. DMO DG Patience Oniha says compliance is non-negotiable for sustainable public finance. Read more.
Fidelity Bank to Restrict Accounts Without TIN/NIN in 2026
Fidelity Bank will restrict transactions for accounts not linked to a Tax ID or National Identity Number from January 1, 2026. Learn how to update your details to avoid service disruptions.
CSOs Defend NMDPRA Against Dangote's Allegations
A coalition of Civil Society Organisations has defended the NMDPRA against claims of undermining regulatory independence. They absolve CEO Farouk Ahmed of corruption, citing his adherence to the PIA. Read the full story.
Federation Account Hits N23trn in 10 Months
Revenue inflows into Nigeria's Federation Account surged to N23.06 trillion in the first ten months of 2025, driven by fiscal reforms and digital tracking. Learn about the growth and the new tax law.
Reps Panel Pushes for Fuel Supply Sufficiency, Downstream Efficiency
The House Committee on Petroleum (Downstream) outlines a legislative push to strengthen local refining and stabilise Nigeria's fuel sector ahead of 2026. Read the full plan.
PEBEC 2025 Report: Best and Worst Performing MDAs Revealed
PEBEC's 2025 report exposes a sharp divide in government agency performance. NCDMB leads, while ARCON scores a dismal 3%. Discover which MDAs are driving or hindering Nigeria's business environment.
MTEF 2026-2028 Signals Fiscal Realism, CPPE Says
The CPPE hails Nigeria's new MTEF-FSP for budget credibility but experts warn late approval undermines scrutiny. Key figures: $64.85 oil benchmark, N1,512/$ exchange rate. Read the full analysis.
EU fines Elon Musk's X €120m for DSA rule breaches
The European Union has imposed a €120 million fine on Elon Musk's X for violating the Digital Services Act over deceptive blue checks and ad transparency. Read the full story on the clash between Brussels and Washington.
EU fines X €120M over DSA violations, risks US clash
The European Union imposes a €120 million fine on X for breaching digital transparency rules, testing its resolve against Big Tech and risking tensions with the Trump administration. Read more.
Nigeria Must End Reliance on Foreign Health Aid - Presidency
Presidential adviser Dr. Salma Anas warns Nigeria's health system is vulnerable due to over-reliance on foreign grants and high out-of-pocket payments. The government is pushing for Domestic Resource Mobilisation to achieve Universal Health Coverage.
Supreme Court Justice: Forensic Practice is Pillar of Justice
Justice Abraham Moore Adumein highlights forensic science as central to justice. CIFCFIN marks anniversary, trains 5,000 professionals, and calls for FOI Act review to fight digital crime.
Pharmacists Oppose Creation of New Health Commissions
The Association of Community Pharmacists of Nigeria cautions the National Assembly against creating new health bodies, calling proposals legally unnecessary and wasteful.
Lagos Tops 2025 Nigeria Business Environment Rankings
PEBEC's 2025 reports reveal Lagos, Kaduna, and Oyo as Nigeria's top states for business. Discover key reforms and federal agency rankings driving investment climate improvements nationwide.
FIRS Explains 4% Levy, Says It's Not an Additional Tax
The FIRS clarifies that Nigeria's new 4% development levy consolidates existing charges, aims to simplify compliance, and boost investment. Learn how the tax reforms affect businesses and FTZs.
FG Orders MDAs to Comply with 5% PWD Employment Quota
The Federal Government mandates full compliance with the 5% employment quota for Persons with Disabilities. SGF Akume declares the transition period over and warns against excuses.
US Bill Threatens Dual Citizenship for Nigerians Abroad
US Senator Bernie Moreno's Exclusive Citizenship Act of 2025 could force Nigerians with dual citizenship to choose. Learn the details and potential impact on the diaspora.
Ireland Probes TikTok, LinkedIn Over EU Content Rules
Irish regulator investigates TikTok and LinkedIn for potential breaches of EU Digital Services Act. Platforms accused of poor illegal content reporting systems. Read the full details.
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