Category : Search result: recovered assets


Police Arrest 22, Recover Arms, Drugs Nationwide

Nigeria Police arrest 22 suspects for crimes including kidnapping and armed robbery. Firearms, vehicles, and illicit drugs recovered in major nationwide operations. Read details.

Chappal Energies gets $430m financing for oil assets

Chappal Energies secures a $430 million reserve-based lending package to refinance its acquisition of Equinor's Nigerian assets and fund development. This deal highlights investor confidence in well-structured African upstream projects despite tight capit

EU Summit Deadlock Over Russian Assets for Ukraine

EU leaders meet in a crucial summit to unlock €210bn in frozen Russian assets for Ukraine, but face strong opposition from Belgium. Will they find a deal before Ukraine's cash crunch hits?

Man Accuses Harrison Gwamnishu of Withholding Money

A Nigerian man details his year-long struggle to get activist Harrison Gwamnishu to return millions of naira recovered for his brother. The activist allegedly blocked him after making promises.

Abode Assets Rewards Team with Qatar, Rwanda Training

Abode Assets Limited has concluded an international bootcamp for 16 top associates and customers in Qatar and Rwanda. The program aimed to boost professional skills and global exposure for wealth creation.

Police bust kidnapping syndicate, recover GPMG in Gombe

Gombe State Police Command, with hunters, neutralized two kidnappers, arrested seven, and recovered a General Purpose Machine Gun. The syndicate confessed to receiving N150 million in ransoms. Read the full details.

EU's Ukraine Funding Plan Exposes Hypocrisy on Colonial Debt

The EU's plan to use €210bn in frozen Russian assets for Ukraine faces legal risks, while ignoring calls for colonial reparations in Africa. This double standard threatens Europe's financial credibility. Read the full analysis.

Troops Rescue 10, Recover N1.6m Ransom in Kaduna

Nigerian Army troops have rescued 10 kidnapped victims, including children, in Kaduna. The operation also recovered a fabricated AK-47 rifle and N1.6 million ransom money. Read the full details of the successful mission.

TotalEnergies Sells 40% Nigerian Offshore Stake to Chevron

TotalEnergies divests 40% stake in two Nigerian offshore licences to Chevron, forming a new joint venture to accelerate exploration in the West Delta basin. This marks a strategic realignment amid Nigeria's push for new oil investments.

Digital Assets Can Make Nigeria a Top-Tier Economy

Finance expert Ochuko Akejagbor proposes a national strategy using digital assets to boost Nigeria's economy, aiming for top-tier global status by 2030 through new commissions and reserves.

Nigeria's Money Supply Reaches N119 Trillion

Nigeria's broad money supply increased to N119.04 trillion in October 2025, driven by rising domestic assets despite falling foreign reserves. Learn what this means for the economy.

NSCDC FCT Commandant Calls for Enhanced Security Synergy

NSCDC FCT Commandant Dr. Olusola Odumosu emphasizes sustainable inter-agency collaboration for improved national security during visit by Armed Forces College. Learn how security agencies are strengthening cooperation.

Nigerian Bank to Close Accounts Under N7.5M Balance

Standard Chartered Bank Nigeria will close customer accounts with less than N7.5 million in February 2026. Learn about the new requirements and branch closures affecting personal banking customers.

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