ISWAP Confirms Killing of Missing Damboa Brigade Commander After Failed Rescue Attempts.

General Uba, the Brigade Commander of Damboa, has been confirmed killed by ISWAP terrorists, hours after he was declared missing during operations in the forest.

Military sources revealed that the commander had earlier sent a video message indicating he was safe. 

According to them, the clip—where he appeared calm and unharmed—was recorded before his condition deteriorated.

According to DailyPost, sources said the officer later became disoriented while navigating the forest, prompting urgent rescue efforts by ground troops and air assets. At one point, he informed colleagues that he was already heading back to base, raising hopes that he would be recovered alive.

However, after reports of his disappearance went viral, ISWAP reportedly re-captured him. His death was confirmed shortly afterward.

The Army had earlier stated that the commander had safely returned to base, a claim now contradicted by emerging details.

 His death has intensified scrutiny over the military’s handling of frontline personnel and the accuracy of official communication regarding troop welfare.

FG intensifies efforts to track remote workers & undeclared foreign assets; Signs Data-Sharing Deal with 100+ Countries.

The Chairman of the Presidential Committee on Fiscal Policy & Tax Reforms, Taiwo Oyedele has revealed that Nigeria has entered into agreements with more than 100 countries to track the income of remote workers & citizens with undeclared assets abroad.

Speaking at a webinar hosted by the National Orientation Agency (NOA) on Wednesday, themed “Simplifying Nigeria’s Tax System,” Oyedele said the initiative aims to enforce compliance in the growing digital economy.

“Whether you earn from Google or a company in the Bahamas, you must declare your income yourself,” he said. “If you fail, the system will gather intelligence once the money hits your account.”

He added that Nigeria already receives financial data from countries including the U.S., U.K., Canada & UAE under the Common Reporting Standards (CRS). This allows authorities to monitor citizens holding foreign bank accounts or properties.

Oyedele also discussed Nigeria’s engagement with global tech companies to ensure they remit Value Added Tax (VAT) on services provided in the country.

“If a local shop selling phones charges VAT, online platforms shouldn’t get a free pass. We engaged them collaboratively, and today Nigeria earns billions from digital taxes without confrontation,” he said.

Addressing public concerns about the new Capital Gains Tax (CGT) framework, Oyedele clarified that the law, which takes effect January 1, 2026, will not be applied retroactively. A cost basis reset and grandfathering clause ensure that only profits made after 2026 will be taxed.

He further acknowledged minor errors in the recently gazetted tax legislation regarding turnover thresholds, clarifying that the correct exemption threshold is ₦100 million.

“The regulations will reflect this correction,” Oyedele said, urging Nigerians to comply voluntarily to avoid presumptive assessments.

Mohbad’s Family Renews Call for Probe, Bars His Widow from Using ‘Aloba’ Pending DNA Test.

The family of the late singer, Ilerioluwa Aloba, popularly known as Mohbad, has renewed its call for a transparent and independent probe into his d+ath while directing his wife, Wunmi, to stop using the family surname pending the result of a court-ordered DNA test.

In a statement signed by family head Omolayo Aloba and Mohbad’s father, Joseph Aloba, the family said it remained “resolute in its demand for a transparent, independent, and comprehensive investigation into the circumstances surrounding Mohbad’s death.”

It announced the appointment of Oladayo Ogungbe, Esq., as the family’s sole legal representative for estate and DNA matters, while Dr. Wahab Shittu, SAN, will continue to represent them before investigative authorities.

Three administrators — Ajewole Aloba, Rasaq Famuyiwa, and Alonge Aloba — were named to manage the late singer’s assets, with one slot left for Wunmi if the DNA test confirms that her son, Liam, is Mohbad’s biological child.

The family also instructed Wunmi to “cease using the surname Aloba in public or private records until lawful confirmation of paternity is obtained,” noting that “no statutory or customary marriage was contracted between the late Mohbad and Wunmi Adebanjo.”

Reacting, Wunmi’s lawyer, Kabir Akingbolu, described the directive as illegal and sentimental, saying, “Nobody can stop her from bearing Aloba. That is the name given to her by her husband, and under the law, she has every right to keep it.”

He accused the Aloba family of frustrating the DNA process despite multiple court orders, adding, “We are ready for the DNA any time, any day. The child is not a bastard, and my client has nothing to fear.”

Mohbad, a former Marlian Music signee, who is yet to be buried,  died on September 12, 2023, at 27. The Lagos State Police Command had earlier inaugurated a 13-man team to probe his death.

Fugitive Chinese Fraudsters Caught in UK After £5.5bn Bitcoin Scam.

A Chinese national has been jailed in the UK following the country’s largest-ever cryptocurrency seizure, involving bitcoin worth more than £5.5 billion at the time of her conviction.

Zhimin Qian, 47, also known as Yadi Zhang, orchestrated a massive Ponzi scheme in China, defrauding over 128,000 victims between 2014 and 2017 through her company, Lantian Gerui. When Chinese authorities investigated her activities, she fled to the UK in September 2017 under a fake identity.

While on the run, Qian lived lavishly, renting a Hampstead property for £17,333 per month and traveling across Europe, converting bitcoin into cash, jewellery, and property. In 2018, she attempted to buy a £12.5 million London property, sparking UK authorities’ investigations.

Qian recruited accomplices including Jian Wen, who helped establish her life in London, and Seng Hok Ling, who assisted with transferring criminal property.

Ling, a Malaysian national, claimed he was unaware of Qian’s full criminality and described her as the “boss lady.”

Qian evaded arrest for nearly six years until April 2024, when she was caught in York following a trail of bitcoin transfers. Authorities recovered multiple devices, including a laptop containing millions in bitcoin.

On Tuesday, Qian was sentenced to 11 years and 8 months for money laundering and possessing criminal property, while Ling received 4 years and 11 months. At conviction in September, the bitcoin was valued over £5.5 billion; it is now worth around £5 billion.

This case marks the UK’s largest cryptocurrency seizure, highlighting the challenges of tracing digital assets tied to international financial crime.

NAF Bombs Several ISWAP Terrorists, Bandits To Death In Multiple Airstrikes.

Air strikes carried out by the Nigerian Air Force (NAF) have resulted in the killing of several terrorists and bandits across the country and the destruction of their hideouts.

According to a statement on Monday by the NAF Spokesman, Air Commodore Ehimen Ejodame, scores of Islamic State of West Africa Province (ISWAP) terrorists in Mallam Fatori and Shuwaram, Borno State, as well as bandits’ enclaves in Garin Dandi and Chigogo, Kwara State, as well as Zango Hill in Kankara local government area of Katsina State, were affected by the strikes.

He added that the coordinated missions were carried out on November 9, 2025, based on credible intelligence on the movement and activities of the criminals.

Ejodame said the missions represent a decisive phase in ongoing joint operations under Operation Hadin Kai and Operation Fansan Yamma, aimed at degrading terrorists and criminal networks across Nigeria’s northern theatres.

News reports that the NAF airstrikes dealt a heavy blow to ISWAP terrorists entrenched in the Northern Tumbuns of Borno State.

According to the NAF spokesman, the Air Component guided by real-time Intelligence, Surveillance, and Reconnaissance (ISR) feeds conducted precision strikes southeast of Shuwaram before shifting to Mallam Fatori, where ISWAP elements were observed mobilising with motorcycles and boats along the Lake Chad Basin.

According to him, the strikes destroyed the insurgent hideouts, logistics hubs, and weapons storage facilities, eliminating several terrorists and crippling their mobility capabilities.

“Post-strike assessments confirmed multiple neutralizations and a significant degradation of ISWAP’s operational networks in the area,” he said.

Similarly, NAF aircraft carried out precision air interdiction missions over Garin Dandi and Chigogo in Kwara State, striking bandits,’ camps with devastating accuracy based on credible intelligence.

He said the attacks caused panic in the enemy camp and inflicted heavy losses among the criminals.

In a related operation, air assets under Operation Fansan Yamma struck Zango Hill in Kankara LGA, Katsina State, the hideout of a terrorist kingpin and his fighters.

Ejodame said the aircraft guided by actionable intelligence and ISR surveillance, executed multiple attack passes, destroying key logistics hubs and neutralizing several terrorists in one of the most decisive strikes in the region.

Furthermore, the Air Component of Operation Fansan Yamma (Sector 1) conducted an Armed Reconnaissance mission across the northwest corridor, covering key settlements in Zamfara, Kebbi, and Kaduna States, including Kakihum, Dankolo, Kotonkoro, and Kuyello.

Ejodame said the locations served as known routes and hideouts for armed groups along the Birnin Gwari–Funtua axis.

“During the mission, coordination with Forward Operating Bases at Dankolo and Kotonkoro revealed suspicious movement near Wam Hill, where terrorists on motorcycles were spotted attempting to flee. The aircrew swiftly engaged and neutralized the targets, with no further hostile activity observed,” he said.

Nigerian Navy Rescues 10 Crew Members from Distressed Vessel Off Calabar Coast.

The Nigerian Navy says its personnel have rescued 10 crew members from a distressed vessel off Calabar waters.

In a statement on Friday, Navy spokesperson Commodore A. Adams-Aliu said the rescue was carried out by troops of Forward Operating Base (FOB) IBAKA after receiving a distress call at about 8pm.

According to him, the Base deployed a naval gunboat fitted with a submersible pump to assist MV SEMA III, which had departed Malabo, Equatorial Guinea, and was heading to Calabar, Cross River State, before it began taking in water.

Upon arrival, the naval team safely evacuated all 10 occupants — one Cameroonian, one Equatorial Guinean, and eight Nigerians. The rescued crew members were taken to FOB IBAKA, where they were debriefed, cared for, and accommodated until Saturday, 8 November 2025.

The Master of MV SEMA III expressed deep appreciation to the Nigerian Navy for the swift response and professional handling of the situation.

He added that the incident highlights the Navy’s strengthened efforts under the leadership of the Chief of Naval Staff, Vice Admiral Idi Abbas, to enhance maritime safety, safeguard national maritime assets, and support lawful economic activities within Nigeria’s territorial waters.

“I can buy a private jet if I want to, but I have other important priorities,” Don Jazzy says as he urges youths to invest wisely.

Veteran music producer and Mavin Records boss, Don Jazzy, has advised young Nigerians to prioritize self-development and the acquisition of practical skills in today’s fast-changing world driven by technology and artificial intelligence.

Speaking in a recent video shared online, the music mogul revealed that despite being financially capable of acquiring luxury assets such as exotic cars or private jets, he chooses instead to focus on more meaningful investments particularly in himself.

“I’ve been blessed enough for a long time to be able to afford any type of car that I want to buy, or even a private jet,” Don Jazzy said. “But I have more important things to take care of. Nothing beats investment, including investing in yourself and acquiring knowledge that you can charge people for.”

BlackRock reportedly loses over $500 million to Indian-Origin CEO in massive Loan Fraud.

Bankim Brahmbhatt, the Indian-origin CEO of US-based telecom firms Broadband Telecom and Bridgevoice, has been accused of orchestrating a large-scale loan fraud that cost lenders, including BlackRock’s private credit unit, over $500 million, according to The Wall Street Journal.

Lenders allege that Brahmbhatt’s companies falsified accounts receivable to use as collateral, creating the appearance of strong business activity while secretly moving funds offshore to India and Mauritius. 

A lawsuit filed in August claims the firms’ financial strength “existed only on paper.” Brahmbhatt, however, denies any wrongdoing.

The alleged scheme began in 2020 when BlackRock’s credit arm, HPS, started lending to one of Brahmbhatt’s financing companies. The loan amount eventually grew to about $430 million by 2024, with French banking giant BNP Paribas also involved in financing the debt.

The fraud reportedly came to light in July when HPS staff noticed that emails supposedly from Carriox (another Brahmbhatt-linked company) customers came from fake domains mimicking real telecom firms. 

Further checks revealed that customer emails and contracts provided over the past two years were fabricated, and some fake documents dated as far back as 2018.

When questioned, Brahmbhatt initially dismissed the concerns but soon stopped responding. When investigators visited his company offices, they reportedly found them shut down.

Court filings also allege that assets meant to secure the loans were moved into offshore accounts in India and Mauritius.

Brahmbhatt’s companies filed for Chapter 11 bankruptcy in August — the same day Brahmbhatt himself filed for personal bankruptcy after agreeing to provide a personal guarantee for the loans. Lenders believe he is currently in India.

Black Lives Matter and its founders, Patrisse Cullors & Alicia Garza, are reportedly under federal investigation for the alleged misuse of $90 million in donations.

The U.S. Department of Justice has launched an investigation into allegations that leaders of the Black Lives Matter (BLM) movement misused tens of millions of dollars in donations raised during the 2020 George Floyd protests.

According to the Associated Press, federal prosecutors have issued subpoenas & executed at least one search warrant in connection with the Black Lives Matter Global Network Foundation, Inc. & several affiliated groups that helped organize nationwide demonstrations against racial injustice & police brutality.

The probe is reportedly being handled by the U.S. Attorney’s Office for the Central District of California, led by Bill Essayli, a former Republican assemblyman known for his past criticism of BLM.

Sources indicated that while the investigation began under the Biden administration, it has accelerated since President Trump took office.

The Black Lives Matter Global Network Foundation stated that it is not the target of any federal criminal inquiry and emphasized its commitment to transparency and accountability in managing donations.

The organization collected over $90 million in 2020 but has faced ongoing scrutiny over how the funds were used. In 2022, reports revealed that BLM leaders purchased a $6 million property in Los Angeles with donor money, sparking public backlash. Co-founder Patrisse Kahn-Cullors resigned shortly after the revelations amid criticism of her real estate purchases.

Despite the controversy, BLM leaders have consistently denied wrongdoing. Their most recent tax filings show $28 million in assets as of June 2024.

Earlier in 2022, Indiana Attorney General Todd Rokita sued the organization for failing to comply with a state investigation into its finances, though the case was later dismissed after BLM provided the requested documents. So far, no criminal charges have been filed against the group or its leaders.

Asset Recovery: EFCC Returns Properties Seized From Fake Spiritualist to Fraud Victim
The Economic and Financial Crimes Commission (EFCC) has handed over three properties, two luxury vehicles, and ₦1.1 million to a fraud victim, Daniel Babatunde Attiogbe. The assets were recovered from convicted fake spiritualist and advance-fee fraudster, Fatai Olalere Alli.
According to EFCC spokesperson Dele Oyewale, the recovered items include multiple residential properties in Ibadan and two vehicles — a Honda Pilot SUV and a Toyota Corolla. The handover, conducted by the EFCC’s Ibadan Zonal Directorate, followed a court order issued by Justice Uche Agomoh.
EFCC Chairman Ola Olukoyede, represented at the ceremony, said the Commission acted in compliance with the court’s directive, emphasizing its commitment to transparency, accountability, and strict adherence to the rule of law.
Attiogbe, who lost over ₦200 million to Alli under the guise of “spiritual cleansing,” praised the EFCC for restoring his confidence in justice. Alli was sentenced to three years in prison after being found guilty of fraud in a case that began in 2019.

Kenya Takes Nigeria to the ICC - President Ruto Challenges Nigeria Before International Court, Freezes Billions in Assets and Declares: "You Kidnapped Nnamdi Kanu Return Him to Kenya or Face the World Court!".

President William Ruto has reportedly taken a firm stance against Nigeria over the unlawful detention of Mazi Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB). According to emerging reports, President Ruto has brought Nigeria before the International Criminal Court (ICC), accusing the West African country of violating international law by abducting Kanu from Kenya in 2021. The Kenyan leader is also said to have imposed a travel ban on Nigerians entering Kenya and frozen assets worth billions of dollars owned by Nigerians in the country, a move aimed at pressuring Abuja to release Kanu immediately.

We are not afraid of Nigeria. If justice requires war, we are ready. You cannot invade our land, kidnap a man, and call it justice," President William Ruto was quoted as saying.

Kano govt sues ex-governor Ganduje, sons for ‘taking’ state’s stake in Dala dry port.

The Kano State Government has taken former governor Abdullahi Umar Ganduje to court, accusing him, his two sons, and several associates of mismanaging public funds and unlawfully taking control of the state’s stake in a major project.

In a case filed before the Kano State High Court on October 13, 2025, the government is demanding the return of ₦4.49 billion allegedly misappropriated during Ganduje’s tenure as governor. The suit also seeks to recover the state’s 20 percent ownership share in Dala Inland Dry Port Limited a major logistics and trade project meant to boost Kano’s economy by serving as an import and export hub for northern Nigeria.

The defendants named in the suit include Ganduje himself; his sons, Umar Abdullahi Umar and Muhammad Abdullahi Umar; Abubakar Sahabo Bawuro, a former Special Adviser; Hassan Bello, former Executive Secretary of the Nigerian Shippers Council; Adamu Aliyu Sanda, a legal practitioner; and Dala Inland Dry Port Limited.

According to court filings, the state government alleges that during Ganduje’s administration, public funds were diverted and state assets were transferred illegally to private individuals under the guise of investment partnerships. The government’s legal team claims that the 20 percent equity originally belonging to Kano in the Dala Inland Dry Port was “unlawfully and fraudulently” taken away, depriving the state of its rightful benefits in the project.
Read also: Wike fines Ganduje, Oyinlola N5 million for illegal conversion of residential properties to commercial use
The case is one of several investigations the current administration has launched into financial transactions that took place under the former governor. Since taking office, Governor Abba Kabir Yusuf has repeatedly accused his predecessor of corruption and financial misconduct, vowing to recover every kobo of public money allegedly stolen.

Court orders takeover of EndSARS Activist, FK Abudu’s Family Firm over N532 million Debt.

Justice Deinde Isaac Dipeolu of the Federal High Court in Lagos has granted an interim order empowering Lotus Bank Limited to take possession of all assets belonging to Unpacked Limited (in receivership), a company owned by Oluwafeyikemi Abudu and guaranteed by Oluwafemi Badewole, over an alleged debt of ₦532,691,920.86.

The order followed an ex parte motion filed by the bank’s counsel, A. Adedoyin-Adetunji, seeking the court’s approval to recover the outstanding sum arising from an Ijara Muntaluya Bittamleek (lease-to-own) facility extended to the company.

Court Grants Takeover of Assets and Accounts
In the motion, marked FHC/L/CS/2097/2025, Lotus Bank prayed the court for leave to take over the company’s movable and immovable assets, as well as funds domiciled in several financial institutions across the country.

The bank also sought an order restraining over 25 banks and financial institutions—including GTBank, Access Bank, First Bank, UBA, Zenith Bank, and Fidelity Bank—from releasing or tampering with any funds linked to the defendants’ accounts or Bank Verification Numbers (BVNs).

The restraining order also extends to digital finance platforms such as Opay, Palmpay, Paystack, Piggyvest, and Momo Agent, pending the determination of the substantive suit.

Receiver Empowered to Take Possession
The court further authorised Patrick Mgbeoma, the receiver/manager appointed by Lotus Bank, to take possession of and realise all assets belonging to Unpacked Limited, including fixed and floating assets, equipment, and undertakings covered under the Deed of All Assets Debenture dated May 25, 2025, and the Deed of Appointment of Receiver dated October 6, 2025.

Justice Dipeolu also granted the bank’s request for police assistance, directing the Inspector-General of Police, senior officers, and the Commissioner of Police, Lagos State, to provide security support to court bailiffs and the receiver during the takeover process.

According to the motion, the affected company operates from VPD Academy Building 4, Thorburn Avenue, Yaba, Lagos, where the bank alleged some of the assets under the loan agreement were located. The court’s order enables bailiffs and enforcement officers to gain access to the premises and secure all relevant assets.

EFCC Chairman Finally Opens Up on How the ₦566bn, $411m Recovered Loot Are Used.

The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has finally revealed how the massive sums of money recovered by the anti-graft agency are being utilised.

According to him, the recovered funds totalling ₦566.3 billion and $411.6 million are being channeled into key social investment programmes across the country.

He made this known during a media briefing in Abuja to mark his second anniversary in office.

Mr. Olukoyede explained that part of the recovered money has been used to support national initiatives such as the Students Loan Scheme and the Consumer Credit Scheme, which are both aimed at improving access to education and financial stability for Nigerians.

“Part of the funds recovered by the commission in the last two years was invested in critical social investment programmes: the Students Loan Scheme and the Consumer Credit Scheme,” he said.

He also disclosed that several government agencies have benefited directly from recovered assets and funds. These include the Niger Delta Development Commission (NDDC), Asset Management Corporation of Nigeria (AMCON), Federal Inland Revenue Service (FIRS), and the National Health Insurance Authority (NHIA).

According to him, a number of properties seized from corrupt individuals have been handed over to government institutions for use as offices and public service facilities.

Speaking further, the EFCC boss noted that in the last two years, the commission recorded significant recoveries, not just in cash but also in assets. He listed the recovered items to include 1,502 properties, comprising 402 in 2023, 975 in 2024, and 125 in 2025.

UK Charity Commission Freezes Assets of MFM Ministries.

The United Kingdom’s Charity Commission has frozen the assets of the Mountain of Fire and Miracles Ministries International (MFM), a church founded by Dr. Daniel Olukoya, following findings of financial mismanagement and governance lapses within its UK operations.

In a detailed report released on Monday, POLITICS NIGERIA learned that the commission said the decision followed an official inquiry that uncovered “serious concerns” about how the church’s funds were being managed. The investigation revealed that MFM trustees failed to maintain proper oversight of over 100 bank accounts run independently by local branches across the country.

According to the Commission, the charity’s rapid expansion from a few branches to over 90 nationwide was not matched by the necessary governance systems to ensure financial accountability.

“Branches operated autonomously, opening and managing bank accounts without central authorisation or adequate monitoring,” the report said. “This created substantial risks to charitable funds and led to inaccurate and delayed financial reporting.”

The inquiry also found that some branches had engaged in major financial transactions, including the purchase and leasing of properties, without the knowledge or approval of the main trustees. These irregularities, the Commission said, resulted in “financial losses that could not be fully accounted for.”

As part of its enforcement action, the Commission ordered the immediate freezing of all MFM’s UK assets to prevent further mismanagement. “The Commission has acted decisively to protect the charity’s remaining assets while remedial steps are being implemented,” the statement added.

This is not the first time the Charity Commission has intervened in MFM’s affairs. In 2019, the regulator appointed an interim manager to oversee the church’s financial administration after repeated failures to file annual reports and maintain proper accounting records.

Convicted NNPC Senior Official Forfeits $2.5 Million Los Angeles Mansion to U.S. Government.

Paulinus Iheanacho Okoronkwo, a senior official of the Nigerian National Petroleum Company (NNPC), has forfeited a $2.5 million mansion in Los Angeles, California, to the U.S. government after being convicted of money laundering.

A preliminary forfeiture order issued on October 3, 2025, by Judge John Walter of the U.S. District Court for the Central District of California, directed that Okoronkwo’s luxury property at 25340 Twin Oaks Place, Valencia be seized and transferred to the government.

According to court documents obtained by Peoples Gazette, the property—identified as Tract No. 45433, Lot 12 (Assessor’s Parcel No. 2826-143-004)—was linked to proceeds from illegal financial transactions in violation of U.S. money-laundering laws.

The ruling followed Okoronkwo’s conviction on three counts of money laundering, as detailed in a superseding indictment by U.S. prosecutors. The court found a “requisite nexus” between the offences and the mansion, making it subject to forfeiture.

Assistant U.S. Attorney Alexander Su, who handled the forfeiture motion, confirmed that the government could immediately seize and liquidate the asset under federal forfeiture laws. The U.S. Attorney General was also authorised to notify any third parties with potential claims.

The court ruled that the forfeiture would become final at sentencing, forming part of Okoronkwo’s punishment and granting the U.S. government clear title once all third-party claims are resolved.

The case—United States v. Paulinus Iheanacho Okoronkwo (Case No. 2:24-CR-20(A)-JFW)—is part of a wider U.S. federal probe into international financial crimes involving politically exposed persons from Nigeria and other countries.

Okoronkwo’s case adds to a growing list of Nigerian officials and business executives whose U.S. assets have been seized after being traced to illicit offshore transactions.

Nigerians blush uncontrollably as VP Shettima reveals EFCC recovered over ₦500 billion in assets in just two years.

Vice President Kashim Shettima has revealed that the Economic and Financial Crimes Commission (EFCC) recovered assets worth over ₦500 billion within the first two years of President Bola Tinubu’s administration.

Shettima made this known on Monday while declaring open a three-day capacity-building workshop for judges and justices, organised by the EFCC and the National Judicial Institute (NJI) in Abuja.

Representing President Tinubu, the VP said the administration’s policy of non-interference in anti-graft agencies has strengthened their independence and boosted Nigeria’s anti-corr¥ption drive.

“As an administration, we have prioritised public accountability by empowering anti-corr¥ption agencies to operate without political interference. The EFCC, for instance, has secured over 7,000 convictions and recovered assets valued at over ₦500 billion,” Shettima stated.

He noted that proceeds from the recovered assets are being reinvested into national development schemes such as the students’ loan and consumer credit programmes to enhance economic growth and welfare.

Reaffirming Tinubu’s commitment to the rule of law, Shettima said no political ally enjoys protection from investigation, urging judges to uphold integrity and resist corruption.

“Corruption is no respecter of persons. Judges are not immune from its consequences,” he warned, stressing the need for stronger collaboration across government arms to sustain the anti-corruption fight.

We Have Already Submitted Your Documents To EFCC – CCB to Nyesom Wike.

The Minister of the Federal Capital Territory, Nyesom Wike, has found himself embroiled in a fresh controversy over allegations of secret acquisition of multimillion-dollar properties in Florida, USA.

According to reports, Wike attempted to amend his asset declaration with the Code of Conduct Bureau (CCB) to include the properties, but was informed that his original declaration had already been forwarded to the Economic and Financial Crimes Commission (EFCC) for thorough verification and investigation.

Sources close to the minister revealed that Wike was unsettled by the development, which could potentially lead to a forensic audit of his financial dealings. Investigations by some media outlets uncovered a pattern of concealment and alleged violations of Nigeria’s asset declaration laws by the minister. Records obtained showed that Wike acquired a $2 million mansion in Winter Springs, Florida, registered under the names of his wife, Justice Eberechi Wike, and their three children.

Further investigations revealed that three multimillion-dollar homes in affluent Florida communities were purchased covertly using cash transactions and swiftly transferred to their children via quitclaim deeds, executed by Wike’s wife. These transactions, spanning from 2021 to 2023, raised suspicions of attempts to keep assets beyond the regulatory grasp of Nigerian anti-corruption bodies.

The CCB informed Wike that his file had already been transmitted to the EFCC for verification, and the anti-graft agency is now conducting a forensic audit of Wike’s declarations, ownership details, and possible infractions. Civil Society Organizations (CSOs), advocacy groups, and international NGOs have launched campaigns demanding an exhaustive probe into Wike’s financial dealings, citing suspected diversion of public funds and illicit enrichment.

Wike’s camp has denied the allegations, dismissing them as politically motivated attacks. However, documentary evidence filed in US property registries tells a different story. An EFCC source said the minister is “playing with fire” and that the ongoing forensic financial investigations will uncover the truth. As the investigation unfolds, Wike’s reputation and future hang in the balance.

Kano govt sues Ganduje, sons, others over alleged N4.49bn fraud.

The Kano State Government has filed a lawsuit against former Governor Abdullahi Ganduje, two of his sons, and several others before the State High Court over an alleged N4.49 billion fraud.

The suit seeks to recover the state’s 20 per cent equity stake in Dala Inland Dry Port Limited and to reclaim public funds totalling N4,492,387,013.76, which were allegedly misappropriated.

Filed on October 13, 2025, the case lists as defendants Dr Abdullahi Umar Ganduje; his sons, Umar Abdullahi Umar and Muhammad Abdullahi Umar; Abubakar Sahabo Bawuro, his former Special Adviser; Hassan Bello, former Executive Secretary of the Nigerian Shippers Council; Adamu Aliyu Sanda, a legal practitioner; and Dala Inland Dry Port Limited.

The defendants face a ten-count charge, including criminal conspiracy, misappropriation of public funds, breach of trust, and conflict of interest.

According to the charge sheet, the defendants allegedly conspired to fraudulently transfer 80 per cent of the dry port’s shares, including the state’s 20 per cent equity, to private interests under a shell company known as City Green Enterprise.

Prosecutors allege that the transaction was deliberately structured to conceal the true ownership of the port project, which was initially conceived to boost Kano’s economic infrastructure.

“The defendants deliberately hijacked a federal initiative and used proxies and fake entities to conceal the diversion of public assets meant for the people of Kano State,” the prosecution stated.

The prosecution further claims that over N4.49 billion in public funds was siphoned under the guise of infrastructure development at the dry port, including the construction of a dual carriageway, electricity, and fencing.

Tinubu Urges World Leaders To Declare Theft Of Mineral Resources An International Crime.

President Bola Ahmed Tinubu has called on world leaders to recognise the stealing of countries’ mineral resources through illegal mining and smuggling as an international crime.

Speaking at the 7th Annual General Assembly of the Network of Anti-Corruption Institutions in West Africa (NACIWA) in Abuja, the President said the illegal exploitation of Africa’s natural resources has become a global threat to economic stability and peace.

Tinubu lamented that billions of dollars are lost yearly to mineral smuggling, corruption, and illicit trade, which he said fuel insecurity, kidnapping and banditry across the continent.

“The stealing of our countries’ mineral resources should no longer be treated as a local issue. It is an international cr+me that undermines peace and stability,” he said.

The President urged the Economic Community of West African States (ECOWAS) and the broader international community to strengthen legal frameworks that criminalize illegal mining and resource theft.

He also called for collective regional action to trace and recover stolen assets, while emphasizing transparency in their use. Tinubu disclosed that Nigeria has so far channelled over ₦100 billion in recovered proceeds into social intervention projects such as the Student Loan Scheme and the Consumer Credit Scheme.

“No nation can win this fight alone. We must build stronger partnerships and ensure that those who profit from our collective wealth face justice,” he added.

Tinubu further appealed to world leaders to support a global convention against resource theft, similar to existing international laws against drug and human trafficking.