Jersey Returns $9.5m Looted Funds to Nigeria
Nigeria recovers over $9.5 million in looted assets from Jersey. The funds, forfeited by a court, will be used to complete the vital Abuja-Kano Road project. Read more.
Category : Search result: asset forfeiture
Court Orders Forfeiture of Malami's 57 Properties
A Federal High Court in Abuja has ordered the interim forfeiture of 57 properties linked to ex-AGF Abubakar Malami, valued at over ₦212 billion. The EFCC has also filed money laundering charges. Read the full details and public reactions.
Court forfeits N213bn properties linked to ex-AGF Malami
A Federal High Court in Abuja has ordered the interim forfeiture of 57 properties valued at N213.2 billion linked to former AGF Abubakar Malami. Malami alleges a plot for his re-arrest, while EFCC warns of smear campaigns ahead of 2027 elections.
N213bn Properties Linked to Malami Seized by Court
A Federal High Court has ordered the interim forfeiture of 57 multi-billion naira properties suspected to be proceeds of crime linked to former AGF Abubakar Malami. The EFCC is prosecuting.
N213bn Malami Properties Forfeited to FG
A Federal High Court orders interim forfeiture of 57 assets valued at N213.2bn linked to ex-Attorney General Abubakar Malami. The properties include luxury hotels and residences across four states.
Court seizes N213bn properties linked to ex-AGF Malami
A Federal High Court in Abuja has ordered the interim forfeiture of 57 properties worth N213.2 billion linked to former Attorney-General Abubakar Malami. Read the full details of this major anti-corruption move.
Feeding Our Future Ringleader Must Forfeit Porsche, Millions
Aimee Bock, convicted in the $250M Feeding Our Future COVID-19 fraud scheme, has been ordered to surrender her Porsche, designer bags, and millions. Read the shocking details of this massive welfare fraud.
Court Orders Forfeiture of N30.7m in NNPC Fraud
A Federal High Court in Abuja has granted an interim forfeiture order for N30.7 million linked to alleged fraud involving NNPC officials. The EFCC traced the funds to a BDC operator.
Court forfeits N30.7m in NNPC fraud probe
A Federal High Court in Abuja has ordered the interim forfeiture of N30.7 million linked to alleged fraud involving NNPC officials. The EFCC traced funds through a bureau de change operator. Read the full details.
Oyedepo SAN: Architect of Nigeria's Asset Recovery Regime
Explore how Rotimi Oyedepo SAN is shaping Nigeria's anti-corruption fight through landmark asset forfeiture cases and strategic prosecution. Discover his journey from EFCC to the AGF's office.
Ex-Gov Yari Under Scrutiny for Geregu Power Appointment
A civil society coalition calls for full disclosure of Abdulaziz Yari's asset declarations and stewardship of Zamfara's resources. Read the full demand for accountability.
Nigeria's 2026 Crypto Tax Reform and Youth Adoption
As Nigeria becomes a top crypto hub, new 2026 tax reforms spark debate among its youth-driven market. Explore the impact, global comparisons, and trader concerns.
NNPC Lists Top Assets for Sale, Opens Bidding Process
NNPC launches a formal bid to sell stakes in key oil and gas assets. This strategic divestment aims to attract investors, boost production, and reshape Nigeria's energy sector under the PIA reforms.
FCMB Asset Management Gets N20bn Fund Approval
FCMB Asset Management has received SEC approval for a N20 billion Series II private debt fund. The fund targets SDG-aligned sectors like agriculture and clean energy, with issuance opening in January 2026. Read more.
Firm Gives ₦4bn Assets to Loyal Managers
Cosgrove Investment transfers ₦4 billion in real estate to management staff as a long-term reward. Chairman Umar Abdullahi says it's about sustainable wealth, not short-term cash. #Nigeria #Business
Court forfeits N5.2bn lands for Jonathan estate to FG
A Federal High Court in Abuja has permanently forfeited two high-value plots of land meant for the Goodluck Jonathan Legacy Model Housing Estate to the Federal Government. The ICPC secured the order to ensure the project benefits end-users.
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
LASIAMA Urges Staff Unity to Boost Service Delivery
LASIAMA's staff retreat emphasized cross-unit collaboration for better efficiency. GM Adenike Adekanbi said teamwork is critical for achieving the agency's mandate. Discover how the retreat aimed to break silos.
IRON Capital's Rise as Africa's Premier Financial Advisor
Discover how IRON Capital, under Jubril Enakele, became a leading African investment firm, advising Nigeria's $917m US Dollar Bond and major corporations. Explore their journey of trust and innovation.
How Foreign Countries Aid Nigeria's $400B Political Loot
Academic research reveals Nigerian officials stole over $400B, with funds held in wealthy nations. Explore the slow recovery process and key cases like Abacha. #Nigeria #Corruption
AMCON Repays N3.6trn to CBN, Pursues 3,000 Court Cases
Nigeria's AMCON has repaid N3.6 trillion to the CBN from debt recovery and asset sales since 2010. The corporation still owes N3 trillion and is engaged in over 3,000 lawsuits. Read the full report.
NDIC Seeks NIESV Collaboration on Bank Depositor Safety
NDIC MD Thompson Sunday urges NIESV to deepen collaboration for accurate asset valuation in bank liquidation, crucial for protecting depositors' funds. Read more.
PAC Asset Champions Wealth Creation at Isimi Lagos Polo
PAC Asset Management reinforced its dedication to generational wealth building at the 2025 Isimi Lagos Polo Festival. Discover how luxury, sustainability, and investment converged.
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.
Federal High Court orders EFCC to release 27 houses
Federal High Court Abuja mandates EFCC to immediately return 27 properties wrongly seized. Justice Joyce Abdulmalik vacates forfeiture order after claimants prove ownership. Read full details.
CCB Launches Digital Asset Declaration System
Nigeria's Code of Conduct Bureau introduces digital asset declaration platform to enhance transparency and combat corruption in public service. Read how this revolutionary system works.
Reliability: Nigeria's New Oil - NoteOpX Revolution
Discover how Nigerian startup NoteOpX is transforming industrial reliability with African-built asset management systems, saving millions and preventing failures across oil, gas and power sectors.
Marwa warns drug cartels: We'll seize your assets
NDLEA boss Brig. Gen. Mohamed Marwa begins second term with stern warning to drug traffickers. Assets will be confiscated, arrests made in intensified war on drugs.
Cambodia's Prince Group denies $15B scam allegations
Cambodia's Prince Holding Group denies US allegations of running transnational scam empire after $15 billion asset seizures. Company claims innocence amid global crackdown.
Nigeria May Sell NNPC Assets Amid Oil Production Crisis
Federal Government considers selling NNPC assets as crude output plummets. Presidential adviser reveals restructuring plans to revive Nigeria's energy sector. Read more.
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