"...President Tinubu will be sitting very, very close to Donald Trump in the front row of the United Nations General Assembly, that you get from me. Don't ask me how that was arranged, but he will be sitting. The President of Nigeria will be sitting in the front row. And he'll be speaking at a time when Nigeria will not be sleeping..." - Jimoh Ibrahim, Permanent Representative of Nigeria to the United Nations
President Bola Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination, 2026, to harmonise the regulation of virtual assets.
Virtual Assets Coordination, 2026, is also aimed at strengthening cooperation among the nation’s financial, revenue and capital markets agencies, protecting citizens from fraud, and safeguarding the integrity of the financial system while enabling responsible innovation.
https://t.co/UcfIqC8tl6
"Some fuus are asking why Tinubu’s children are not frying akara. How can Tinubu’s children fry akara? Tinubu has already fried akara because of his own children long time ago, that is why his own children won't fry akara again. Or don't you know that Tinubu was doing security work in America to sponsor himself to school? That's how he fried his own akara...."
Emefiele: Supreme Court Affirms Final Forfeiture of Properties, $2 Million, Share Certificates to Government
The Supreme Court on Friday, July 17, 2026 affirmed the final forfeiture of seven landed properties, the sum of $2,045,000 (Two Million, Forty-Five Thousand United States Dollars) and share certificates linked to a former Governor of the Central Bank of Nigeria, Godwin Emefiele, to the Federal Government of Nigeria.
In a unanimous judgment delivered by a five-member panel of the apex court led by Justice Ibrahim Mohammed Saulawa, the court set aside the judgment of the Court of Appeal and affirmed the decision of the Federal High Court, Lagos, which had ordered the final forfeiture of the assets on the grounds that they were reasonably suspected to have been acquired with proceeds of unlawful activities.
Following the final forfeiture order made by the Federal High Court, Emefiele challenged the decision before the Court of Appeal, which reversed the judgment of the trial court.
Dissatisfied with the appellate court's decision, the Economic and Financial Crimes Commission, EFCC, approached the Supreme Court, which has now restored and affirmed the judgment of the Federal High Court.
The forfeited properties are:
A fully detached duplex of identical structures situated at No. 17B Hakeem Odumosu Street, Lekki Phase 1, Lagos;
An undeveloped parcel of land measuring 1,919.592 square metres, covered by Survey Plan No. DS/LS/340, situated at Oyinkan Abayomi Drive (formerly Queens Drive), Ikoyi, Lagos;
A bungalow situated at No. 65A Oyinkan Abayomi Drive (formerly Queens Drive), Ikoyi, Lagos;
A four-bedroom duplex situated at 12A Probyn Road, Ikoyi, Lagos;
An industrial complex under construction on 22 plots of land in Agbor, Delta State;
Eight units of undetached apartments on a plot measuring 2,457.60 square metres, situated at No. 8A Adekunle Lawal Road, Ikoyi, Lagos;
A full duplex together with all its appurtenances on a plot measuring 2,217.87 square metres, situated at 2A Bank Road, Ikoyi, Lagos.
The apex court also ordered the forfeiture of $2,045,000 (Two Million, Forty-Five Thousand United States Dollars) and share certificates of Queensdorf Global Fund Limited to the Federal Government.
The final forfeiture order was originally granted on November 1, 2024, by Justice D.I. Dipeolu of the Federal High Court sitting in Lagos in Suit No. FHC/L/MISC/500/24, following an application filed by the EFCC through its counsel, Director, Public Prosecution, Rotimi Oyedepo, SAN, pursuant to Section 17 of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006, and Section 44(2)(b) of the Constitution of the Federal Republic of Nigeria, 1999 (as amended).
The application, brought as an action in rem, sought the final forfeiture of properties reasonably suspected to have been acquired with proceeds of unlawful activities. The application for the forfeiture was supported by an affidavit deposed to by David Jayeoba, an investigating officer with the EFCC, who averred that investigations revealed that the assets were reasonably suspected to have been acquired with proceeds of unlawful activities.
In its originating motion, the Commission urged the court to grant the final forfeiture under the provisions of Section 17 of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006, contending that the assets were liable to forfeiture because they were reasonably suspected to have been acquired through unlawful means.
With the Supreme Court's unanimous decision affirming the judgment of the Federal High Court, the final forfeiture of the seven landed properties, the $2.045 million and the share certificates to the Federal Government of Nigeria has now been conclusively upheld.
When the global corporate stage calls for Nigeria’s brightest future leaders, the "First and the Best" don't just show up, we lead the way.
Congratulations to all University of Ibadan students who got into the Nigeria Higher Education Foundation (NHEF) Scholars!
#Nhef #UItoglobalstage #UISU #Thediligentteam
Earlier today, the Oyo State Government commenced the demolition of illegal shanties in the Ojoo area as the 7-day eviction notice expired. The exercise is part of ongoing efforts to improve public safety, restore order, and curb criminal activities linked to the settlement following the recent deadly clash in the area.
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CELEBRATING TWO ICONS OF PROGRESSIVE UNIONISM!
Today, the University of Ibadan Students' Union stands proud to celebrate the birthday of two exceptional trailblazers. Happy Birthday. leaders.
Comr. Aweda Bolaji (OLOYE): Erstwhile UI'SU President.
Comr. Adekanmbi Ezekiel (EAZY): Erstwhile UI'SU Public Relations Officer.
Anybody who wants to argue about what the impact of these reforms have mean go and look at the reserves figure as of yesterday, we are hovering around $52 billion. When we started, the net reserves figure was in the region of about $3 billion plus.
- CBN Governor Olayemi Cardoso
Asiwaju - To catch the rabbit, you have to give a bait.
This is the first deepwater production-sharing contract project to approach an FID in Nigeria since 2008. Emphasis on 2008!
- $20 Billion
- 150,000 barrels of crude oil per day.
- Supply roughly 140 million cubic feet of gas daily.
- Create more than 5,000 direct and indirect jobs for Nigerians.
Exactly what he said he was going to do at the NESG summit.
They say politics is about who wins. Hon. Bimbo Adekanmbi believe it’s about what stays.
The foundation laid by Omituntun has changed our state. But the work isn't finished it’s just getting started. Why stop a winning streak when we can elevate it?
Omituntun 3.0 isn't a new direction, it’s a higher gear. More growth, more jobs, more Oyo.
Join the movement for the next chapter.
#BAM2027 #Omituntun3point0 #BimboAdekanmbi #OyoState #BIMADEK
The Senate is cautioning Gov. Seyi Makinde for calling in the UN, but they were mute when a disgraced former governor accused the Oyo State Government of sponsoring kidnappings.
Is it dereliction to seek the truth, or is it just scary to see a leader who has absolutely nothing to hide? The silence of the elite during the smears vs the noise during the demand for justice tells you exactly who is afraid of the facts.
#TruthPrevails #SeyiMakinde #OyoRising #BAM2027 #FactsOverPolitics #BimboAdekanmbi