Simon Ekpa, a leader of the Indigenous People of Biafra (IPOB), is currently held at Finland’s Kylmäkoski Prison, known as one of the toughest facilities in the world, following his arrest on terror-related charges. Ekpa, who styles himself as the Prime Minister of the Biafra Republic Government-in-Exile, was arrested alongside four others for allegedly inciting … Read more
Simon Ekpa, a pro-Biafran agitator and self-proclaimed Prime Minister of the Biafra Republic Government-in-Exile, will potentially face charges in May 2025 in Finland for terrorism-related offenses, including incitement to violence and terrorism financing. Finnish authorities arrested Ekpa and four others last week, accusing him of using social media to incite violence in Nigeria’s South-East region. … Read more
Knarik Gambaryan, the mother of Tigran Gambaryan, a detained Binance executive in Nigeria, has fervently declared her son’s innocence regarding the charges of money laundering and terrorism financing brought against him by the Nigerian government. In a statement sent on Friday, Knarik emphasized that her son is unaware of the allegations against him. EDITOR’S PICKS … Read more
Human rights activist Femi Falana, SAN, along with Maxwell Opara and Deji Adeyanju, were among the lawyers who accompanied Nigeria Labour Congress (NLC) President, Comrade Joe Ajaero, to the Force Headquarters for questioning over allegations including terrorism financing EKO HOT BLOG reports Initially, the Labour movement had mobilised its members to accompany Ajaero to the … Read more
The National Union of Electricity Employees (NUEE) has warned that it will shut down the power sector if its General Secretary, Joe Ajaero, who is also the President of the Nigeria Labour Congress (NLC), is arrested on what they describe as “trumped-up charges” of terrorism financing, cybercrime, subversion, criminal conspiracy, and treasonable felony by the … Read more
The Nigeria Police Force has summoned Joe Ajaero, the National President of the Nigeria Labour Congress (NLC), for questioning over serious allegations, including terrorism financing, cybercrime, and related offences. EDITOR’S PICKS Focus on Hard Work, Not Just Prosperity – Osinbajo Tells Nigerian Churches Olympics Best Basketball Coach: Tinubu Hails As D’Tigress’ Wakama On Award WAEC … Read more
A report has revealed that the Nigerian government has frozen over $37 million worth of cryptocurrency held in wallets believed to be owned by organizers of the #EndBadGovernance protests. The freezing order was issued by the Federal High Court in Abuja. According to a copy of the ruling obtained by Premium Times, the order was … Read more
FG Denies Binance’s Bribery Allegation Accuses Crypto Firm of Attempting Blackmail Charges Binance with Money Laundering, Terrorism Financing Eko Hot Blog reports that in a fierce rebuttal, the President Bola Tinubu-led federal government has accused cryptocurrency trading platform Binance of attempting to blackmail Nigeria. This accusation comes in the wake of Binance’s allegation that top … Read more
EKO HOT BLOG reports that the House of Representatives Committee on Financial Crimes is preparing to enforce its constitutional powers against Binance Holdings Limited after the company failed to attend a public hearing. The hearing aimed to address allegations of terrorism financing, money laundering, tax evasion, and other illicit activities against the digital assets exchange operator … Read more
EKO HOT BLOG reports that the Economic and Financial Crimes Commission (EFCC) has issued a clarification regarding recent revelations made by its Chairman, Ola Olukoyede, about a religious sect’s involvement in money laundering activities. Contrary to widespread speculation, the EFCC has stated that the religious organization in question is neither a church nor a mosque. EDITOR’S … Read more
Eko Hot Blog reports that starting from March 1, 2024, the Central Bank of Nigeria (CBN) has announced that accounts lacking the Bank Verification Number (BVN) and the National Identity Number (NIN) will face restrictions on conducting transactions Similarly, the CBN has made the possession of BVN and NIN mandatory for all bank account openings. … Read more
EKO HOT BLOG reports that barely 24 hours after a Federal Capital Teritorry High Court sitting in Abuja ordered the release of the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, from detention, another court has nullified his arrest, detention and interrogation by the Department of State Services (DSS). In a judgment … Read more
President Buhari reportedly granted the CBN governor, Godwin Emefiele, a study leave amid corruption and terrorism-financing allegations. It is alleged that Emefiele used the said study leave as an opportunity to flee the country before May 29 when a new government would take over. The DSS opposes the alleged study leave granted to Emefiele, citing … Read more
GATE had accused the government of sponsoring terrorism EKO HOT BLOG reports that the Nigerian Government has berated a US-based non-profit organization, Global Advocates for Terrorism Eradication (GATE), for alleging that the present administration under President Muhammadu Buhari is a sponsor of terrorism in the country. In a statement issued on Sunday, the Minister … Read more
This is in line with the resolve of the government to address the challenges of money laundering and terrorism financing…. EKO HOT BLOG reports that the Federal Government has indicated willingness to become a member of the global Financial Action Task Force (FATF) on money laundering and terrorist financing watchdog. Attorney-General of the Federation and … Read more