Terrorists Using PoS to Collect Ransom - FG
The FG reveals terrorists are exploiting PoS operators to collect ransom, making funds harder to track. Security agencies are collaborating with tech firms to dismantle their networks.
Category : Search result: terror financing
Terrorists Use PoS for Ransom, FG Alerts Public
The Nigerian government warns terrorists are using PoS agents to collect ransom, evading detection. Security agencies are working with social media giants to dismantle terror networks. Read more.
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
UBA, Lagride $100m Scheme to Empower 3,500 Lagos Drivers
UBA, Lagride & Lagos State launch a $100m 'Drive to Own' scheme. 3,500 drivers can own a car with 10% equity. CEO shares personal story of driver father. #Empowerment #Lagos
Bondi Attacker's Family Unaware of Radicalisation
New details emerge about Sajid Akram, the gunman in the Bondi Beach terror attack. His family in Hyderabad, India, expressed no knowledge of his radical beliefs. Read the full investigation.
Heirs Energies Gets $750m Afreximbank Financing
Heirs Energies secures a landmark $750 million financing from Afreximbank, marking a major vote of confidence in Nigeria's indigenous energy sector. Read the full story.
Australia Probes Security After Bondi Beach Attack
PM Albanese orders review of police and intelligence services after a deadly ISIS-inspired shooting at a Jewish festival in Sydney. A father-son duo is accused.
Kebbi Youths Protest EFCC Detention of Ex-Minister Malami
Youths in Kebbi State protest the EFCC's detention of former AGF Abubakar Malami, who faces 18 charges including money laundering and terrorism financing. He claims the probe is politically motivated. Read the latest.
Electric Tricycles Launched in Abuja to Combat Pollution
Alpha and Roadrunner unveil electric passenger and cargo tricycles in Abuja. The initiative, featuring a lease-to-own model, aims to cut emissions and boost operator income. #GreenTransport #Nigeria
Africa Reclaims Development Wheel After USAID Freeze
The abrupt freeze of USAID funding forces African governments and civil society to recalibrate strategies, sparking a crucial shift towards sovereignty and sustainable domestic financing for health and gender programmes.
Accion MFB Calls for Urgent Reforms to Finance MSMEs
Accion Microfinance Bank pushes for digital onboarding and value-chain financing to unlock credit for Nigeria's informal sector, crucial for 80% of jobs. Read the key reforms needed.
Police Foil Alleged Bondi Beach Attack Plot, Arrest 7
Australian police arrest seven men allegedly planning violence at Bondi Beach, days after a deadly terror attack. Read the full details of the foiled plot and ongoing investigation.
Woman's Heartbreak After Financing Boyfriend's Move Abroad
A 37-year-old woman reveals how she brought her boyfriend abroad, financed everything, only for him to fall in love with her pregnant neighbour. Full story and video.
Union Bank Unveils 'Endless Possibilities' Campaign
Union Bank of Nigeria launches its 'Endless Possibilities' campaign, celebrating Nigerian resilience and ambition. Discover how the 108-year-old bank supports growth.
FG Pushes States to Lead Disaster, Poverty Response
Federal Government mandates states to lead humanitarian and poverty reduction efforts. New 'One Humanitarian, One Poverty Reduction System' aims to harmonise interventions and boost accountability.
Ododo Recovers Arms Cache, Vows Anti-Terror War
Kogi Governor Ahmed Ododo announces recovery of major arms cache in joint security operation. He vows total war on terror following meeting with President Tinubu. Read details.
N37.59tr Maritime Trade Renews Call for Local Shipping
Nigeria's massive N37.59 trillion sea trade in Q3 2025 highlights a critical need for a strong indigenous shipping industry. Experts warn of billions in annual losses and urge action on the dormant Cabotage Fund to reclaim maritime wealth.
Mother's defence after son's Bondi terror attack kills 16
The mother of a terrorist who killed 16 at a Hanukkah event in Sydney says her son was a 'good boy'. Get the full details on the shocking attack and the investigation into IS links.
How Boko Haram Gets Money: 4 Funding Sources Revealed
Nigerian journalist Ahmad Salkida details Boko Haram's adaptive financial model, from community donations to criminal enterprises, explaining its resilience against military pressure. Read the full analysis.
Prominent Nigerians Deny Terrorism Financing Allegations
Former CBN Governor Godwin Emefiele, ex-AGF Malami, and Ambassador Buratai have issued strong denials after being named in a report revisiting a 2021 terror financing probe. Read their full statements.
Ex-Army Chief Buratai Denies Terrorism Financing Links
Former Chief of Army Staff, Lt.-Gen. Tukur Buratai, has vehemently denied an online report linking him to terrorism financiers. He calls for a retraction and apology or faces legal proceedings.
Ex-CBN Gov Emefiele Denies Sponsoring Terrorism
Former CBN Governor Godwin Emefiele has vehemently denied allegations of financing terrorism in Nigeria, describing the reports as malicious and baseless. Read his full statement and the context of the claims.
Ex-AGF Malami Refutes Terror Financing Allegations
Former Attorney-General Abubakar Malami dismisses terror financing insinuations as politically motivated. He highlights his anti-terrorism reforms. Read his full statement.
Ex-Justice Minister Malami Rejects Terror Sponsor Claims
Former AGF Abubakar Malami breaks silence, dismissing terror financing claims as baseless and politically motivated. He highlights key anti-money laundering reforms from his tenure. Read his full statement.
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.
FG Slammed for Protecting Identities of Terror Financiers
Political activist Timi Frank accuses the Nigerian government of shielding terrorism sponsors and credits US actions for forcing a security response. He urges withholding intelligence until prosecution.
FCMB Named Nigeria's Best SME-Focused Bank for 2025
First City Monument Bank (FCMB) wins the 2025 Best SME Focused Bank award from CIBN, holding a dominant 24% of industry SME lending. Discover how they fuel Nigeria's top economic sectors.
PENGASSAN Urges FG to Name Terror Sponsors
PENGASSAN calls on the Federal Government to publicly identify terror sponsors and halt kidnappings. The union warns insecurity threatens national development and citizens' safety.
Bank CEO Calls for $25bn Aviation Fund in Nigeria
Fidelity Bank CEO Nneka Onyeali-Ikpe urges the Federal Government to create specialised funding from the CRR to bridge Nigeria's $25 billion aviation finance gap and support fleet growth.
$50m Credit Boost for Northern Nigeria MSMEs
British International Investment and FCMB partner to provide a $50 million credit facility, with 70% targeting MSMEs in Northern Nigeria and 30% for women-owned businesses nationwide. Read more.
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