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Chinese nationals forfeit $222 in digital assets to FG

EditorJuly 21, 202501 mins

Justice Alexander Owoeye of the Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of digital assets worth $222,729.86 recovered from Chinese nationals linked to cyber-terrorism and internet fraud. The Economic and Financial Crimes Commission disclosed this in a statement on Monday, following the court order delivered on July 21, 2025. The…

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Tinubu signs bill recognising crypto, other digital assets into law

EditorMarch 31, 2025March 31, 202523 mins

President Ahmed Bola Tinubu has assented to the Investments and Securities Bill (ISB) 2025, which effectively repeals the Investments and Securities Act No. 29 of 2007 and enacts the Investments and Securities Act (ISA) 2025. It was gathered that the bill signed into law by President Tinubu clearly recognises digital assets such as crypto and…

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  • BEDC offers reasons for shortfall of power supply to customers
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