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Nigerian Financial Intelligence Unit

President Buhari signs New National Minimum Wage Bill into Law in State House on 18th April 2019 1

President Buhari rejects bid to stop EFCC, ICPC, others from seizing assets

The bill is seeking to establish the Proceeds of Crimes Recovery and Management Agency (POCA), which will strip the Economic and Financial Crimes Commission (EFCC) and six other agencies of powers to seize assets or invoke the forfeiture clause. It has been sent to the President.
Walter Duru

Group backs NFIU on directive on local government funds

An advocacy-based Civil Society Organization, Media Initiative against Injustice, Violence and Corruption (MIIVOC), has thrown its weight behind the Nigerian Financial Intelligence Unit (NFIU) over its directive on the management of local government funds.

NFIU guidelines: NULGE urges President Buhari to ignore governors

The National Union of Local Government Employees on Thursday called on President Muhammadu Buhari to ignore the petition written by the Nigerian Governors’ Forum seeking to stop the implementation of the recent guidelines by the Nigerian Financial Intelligence Unit on local government funds.
Nigeria Governors Forum (NGF)

NGF: NFIU guidelines on local council funds illegal

The governors of the 36 states, acting under the aegis of the Nigeria Governors Forum, have rejected the financial autonomy recently granted the 774 local government areas in the country.
Nigeria Governors Forum (NGF)

Governors rise against NFIU regulations on local council funds, write President Buhari

Nigeria’s 36 governors have risen against new financial regulations which seek to end their control of local government finances.
The Nigerian Financial Intelligence Unit (NFIU) says the effective date for the new regulations on local government funds remains June 1.

NFIU warns governors to steer clear of local council funds

The Nigerian Financial Intelligence Unit (NFIU) says the effective date for the new regulations on local government funds remains June 1.

Corruption fight: Buhari-Osinbajo campaign group wants NFIU strengthened

The Buhari-Osinbajo campaign group `No Alternative To Buhari-Osinbajo (NATBO 2019)’ has called for the strengthening of the Nigerian Financial Intelligence Unit (NFIU) as local government councils move towards financial autonomy.

Former Plateau deputy governor hails return of financial autonomy to local councils

Former Deputy Governor of Plateau, Chief Jethro Akun, has said that granting financial autonomy to local government councils will propel rapid development at the grassroots level.
The Nigerian Senate Wednesday postponed the third reading of the 2019 Appropriation Bill till Tuesday.

Senate backs NFIU’s directive on local government finance

The Senate has thrown its weight behind financial guidelines for Local Governments recently introduced by the Nigerian Financial Intelligence Unit (NFIU).

Senate passes Proceeds of Crime Bill, paves way for membership of FATF

The Nigerian Senate on Wednesday passed the Proceeds of crime bill which will now pave way for the country to become full member of the Financial Action Task Force (FATF).
Modibbo Hamman Tukur

Official: NFIU impounds N10bn suspected criminal funds

Nigerian Financial Intelligence Unit, NFIU, by the Egmont Group of Financial Intelligence Unit yesterday, said it had impounded N10 billion suspected criminal funds.
Travelex

Travelex: Nigeria, other African nations lose $50 billion to illicit flows annually

Travelex Nigeria Limited at the weekend disclosed that Nigeria and other African countries “are losing over $50 billion annually through illicit financial flows.”

Court stops federal government from freezing Justice Onnoghen’s bank accounts

A Federal High Court sitting in Abuja has stopped the federal government from freezing the accounts of the Chief Justice of Nigeria, Justice Walter Onnoghen.

Justice Onnoghen: BVN reveals more accounts

A Bank Verification Number (BVN) search may have exposed more accounts linked to the suspended Chief Justice of Nigeria (CJN), Justice Walter Onnoghen.

More cash found in Justice Onnoghen’s accounts

Detectives may have found more “suspicious” funds in Chief Justice of Nigeria Walter Onnoghen’s accounts, The Nation has learnt.
Chief Justice of Nigeria, Justice Walter Onnoghen

Federal government freezes Justice Onnoghen’s five bank accounts

Chief Justice of Nigeria (CJN) Walter Onnoghen’s five bank accounts have been frozen on the orders of the Federal Government.

AGF orders freezing of Justice Onnoghen’s accounts

The Office of the Attorney-General of the Federation has asked the Nigerian Financial Intelligence Unit to freeze the bank accounts of the Chief Justice of Nigeria, Justice Walter Onnoghen.
Senate President Senator Bukola Saraki

President Buhari declines assent to five bills

President Muhammadu Buhari has declined assent to five bills transmitted to him by the National Assembly in 2018.

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Gov. Aminu Tambuwal of Sokoto state on Friday inaugurated a 10-member committee to investigative alleged killing of two persons by men of Nigerian Air Force in Mabera area of Sokoto metropolis.

Sokoto government meets stakeholders on review of budget

The Sokoto State Government on Tuesday met with stakeholders on how best the state’s 2020 budget could be reviewed to include provision of Isolation Centres, screening facilities, and other costs in the management of COVID-19 pandemic in the state.

Man sentenced to death by hanging for murder

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The ex of Chelsea footballer Michy Batshuayi has taken him to court over the alleged failure to pay child maintenance for his two-year-old daughter.

West Ham linked with a move for Michy Batshuayi

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The Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami, SAN,

Nigerian government frees 7,813 inmates in 18 states, FCT

The Federal Government, on Tuesday, said it has released a total of 7, 813 inmates from various Correctional Centers since the outbreak of Coronavirus in the country.
Rivers State Governor Nyesom Wike on Monday slammed the Nigeria Governors’ Forum (NGF) for not standing up for embattled Edo State Governor Godwin Obaseki.

Governor Wike: Abdullahi Ganduje has exposed plot to rig Edo election

Rivers State Governor and Chairman, Peoples Democratic Party (PDP) National Campaign Council for Edo Governorship Election, Nyesom Wike, has said the statement credited to Kano State Governor, Abdullahi Ganduje, that he (Wike) will be quarantined, was an admission of the plot by the party to use security forces to rig the Edo State election come September 19.