Monday, 17th February 2025
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NFIU

24 Jan
A faction of Ohanaeze Ndigbo, yesterday, threatened to take legal actions against any governor, especially those from the South-East that divert local council funds.
NFIU
21 Jan
The Chief Executive Officer, Nigerian Financial Intelligence Unit (NFIU), Hafsat Abubakar Bakari, has called for stakeholders' collaboration for the country to succeed in mitigating risks and safeguarding its financial system. Bakari made this observation on Tuesday in Abuja at the National Anti-Money Laundering, Combating Terrorism Financing and Counter-Proliferation Financing (AML/CFT/CPF) Compliance Summit, organised by the…
11 Dec
The Ambassador of the United Kingdom (UK), Dr Richard Montgomery, said the United Kingdom is working with the Central Bank of Nigeria (CBN) and the Nigeria Financial Intelligence Unit (NFIU) to track illicit inflows.
4 Dec
PalmPay, a leading fintech company in Nigeria, has reiterated its commitment to combating financial fraud through cutting-edge technology. This was disclosed during a high-level courtesy visit by the company’s Managing Director, Chika Nwosu, and management team to the Nigerian Financial Intelligence Unit (NFIU). Addressing the growing prevalence of fraud in the country, Nwosu, Managing Director…
NFIU
2 Dec
The Nigeria Financial Intelligence Unit (NFIU) has called for a Public-Private Partnership (PPP) to curb networks facilitating the smuggling of weapons, drugs, and other illegal goods into the country. Chief Executive Officer Hafsat Abubakar Bakari made the appeal in Lagos during a dialogue organised by the NFIU and the London Stock Exchange Group, which focused…
28 Nov
The Money Laundering Act 2022 provides an elaborate framework that prevents and addresses money laundering in Nigeria, through the establishment of the Special Control Unit Against Money Laundering (SCUML) which is a key agency. The SCUML functions under the Economic and Financial Crimes Commission (EFCC), supervising Designated Non-Financial Businesses and Professions to make sure these…
NFIU
26 Nov
The Chief Executive Officer of the Nigeria Financial Intelligence Unit (NFIU), Hafsat Abubakar Bakari, revealed that networks facilitating global financial crimes are exploiting the weaknesses of stakeholders involved in combating these crimes to spread weapons and other illicit goods, destabilizing the African region. Bakari made this observation on Tuesday in Abuja during a roundtable discussion…
26 Nov
The Chartered Institute of Forensics and Certified Fraud Investigators of Nigeria (CIFCFIN) has sought collaboration with the Central Bank of Nigeria (CBN), Nigeria Financial Intelligence Unit (NFIU) and Financial Technology (Fintech) companies to contain corruption and financial crimes in the country. This was disclosed by the institute’s Registrar/Chief Executive, Dr Isa Salifu, against the backdrop of…
25 Nov
The Nigerian Financial Intelligence Unit (NFIU) has said the Financial Action Task Force (FATF) had approved three additional grades in its anti-money laundering and counter-terrorism financing quest, making it the fifth progress report since greylisting the country in February 2023.
Money Laundering: EU, NBA, RoLAC push to remove Nigeria from grey list
24 Nov
The Nigerian Financial Intelligence Unit (NFIU) has announced that the Financial Action Task Force (FATF) has approved three additional grades in its anti-money laundering and counter-terrorism financing efforts, marking the fifth progress report since Nigeria was greylisted in February 2023. FATF, established in 1995, is the global body tasked with leading actions to combat money…
EFCC
16 Nov
The Supreme Court, on Friday, dismissed the suit instituted by 16 states of the federation against the Attorney-General of the Federation (AGF) challenging the constitutionality of the acts establishing the Economic and Financial Crimes Commission (EFCC) and two others.
15 Nov
The Supreme Court on Friday dismissed a suit filed by Kogi and some other state governments challenging the constitutionality of the laws

Latest

23 mins ago
Former President Goodluck Jonathan, on Monday, flag off the new Olympic-standard 25,000-capacity Bayelsa stadium project at Igbogene, Yenagoa, as part of the activities marking the 5th anniversary of governor Douye Diri. The former president performed the groundbreaking ceremony on a day Gov. Diri restated his appeal for support of the the federal government as well…
31 mins ago
The Health and Development Support Programme (HANDS), an NGO, has trained community health workers in Kano on the Social Behavioural Communication Change (SBCC) strategy. The training, held on Monday in Kano, focused on raising awareness about Neglected Tropical Diseases (NTDs) and Water, Sanitation, and Hygiene (WASH) practices. Mr Muhammad Dan’Aro, the state Programme Officer of…
38 mins ago
A chieftain of the All Progressives Congress (APC), Nwaorisa Gerald, has criticised the party’s leadership for failing to address growing tensions with former Kaduna State Governor, Mallam Nasir El-Rufai. The reaction follows reports suggesting that El-Rufai is dissatisfied with both the party and the president, with speculations that failure to address the issue could deepen…
43 mins ago
The Senate Committee on Power has kickstarted discussions with a South Korean energy firm, BK Energy, to explore mini-grid solutions and alternative energy sources, including coconut-derived graphene for power generation. This comes against the backdrop of Nigeria’s persistent national grid collapse and unstable power supply. During a meeting on Monday, the Committee Chairman, Senator Enyinnaya…
48 mins ago
The Inspector-General of Police has ordered the deployment of more decoy operatives to Osun State to maintain law and order following violence over a court ruling on the reinstatement of sacked local council chairmen. Police spokesman, ACP Muyiwa Adejobi, who disclosed the new move by the police, noted that it was in response to the…
52 mins ago
The Federal Government has donated food and non-food relief items to Borno Government to support the resettlement of Nigerians who returned from Chad. Mrs Fatima Daura, the Director, Refugee Department at the National Commission for Migrants, Refugees, and Internally Displaced Persons (NCFRMI) made the presentation on Monday in Maiduguri. The News Agency of Nigeria (NAN)…
58 mins ago
Ahead of the Saturday, February 22, 2025, local government elections in Osun State, the Osun State Independent Electoral Commission (OSSIEC) has officially unveiled voting materials. The unveiling took place on Monday during a press briefing held at the commission’s headquarters in Osogbo. The event was led by OSSIEC Chairman, Hassim Abioye, who assured the public…
1 hour ago
Cashew dealers in Kogi State have appealed to the Federal Government of Nigeria to come to their aid by preventing foreign competitors from disrupting the cashew market, citing exploitation. According to the affected farmers, they have asked the government to take prompt action before foreigners drive them out of business and into poverty, as they…
1 hour ago
EFCC FC secured a hard-fought 1-0 victory over Galadima FC on Monday to book their place in the final of the FCT President Federation Cup at the Area 3 football pitch in Abuja. The News Agency of Nigeria ( NAN) reports that the match was a closely contested affair, with both teams creating scoring opportunities…
1 hour ago
The Legal Practitioners Disciplinary Committee (LPDC) has awarded a cost of N200, 000 against a lawyer, Mr A. O. Amagwula, for stalling the hearing of a petition against his client, Stella Oyiogu. The Chairman of the LPDC, retired Justice Is’haq Bello, gave the order after Amagwula told the committee that he was not ready to…