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Money Laundering: EU, International IDEA, NBA Collaborate to Get Nigeria Solve Money Laundering, Terrorism Financing

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Money Laundering: EU, International IDEA, NBA Collaborate to Get Nigeria Solve Money Laundering, Terrorism Financing


…Over 300 Lawyers sensitized on professional conduct

By: Michael Mike

The Rule of Law and Anti-Corruption Programme of the International Institute for Democracy and Electoral Assistance (International IDEA) with the support of the European Union are working together with the Nigerian Bar Association (NBA) to get Nigeria off the high risk areas of money laundry, funding of terrorism and, proliferation of small arms.

Nigeria has already been designated as one of the high risk areas of money laundering and terrorism financing.

the Anti-corruption Programme Manager of the EU-funded Rule of Law and Anti-corruption Programme (RoLAC-Phase II) of International IDEA, Dr. Emmanuel Uche, at a two-day sensitization event on the Rules of Professional Conduct for Legal Practitioners in Abuja, said the main essence of this workshop is to get lawyers on board to get Nigeria off the grey list of the Global Financial Action Task Force.

According to him, the taskforce is the global body that monitors financial transactions and the financial risks inherent in different jurisdictions.

He said: “The last evaluations of Nigeria’s risk clearly says Nigeria is one of the high risk areas of money laundry, funding of terrorism and, proliferation of small arms which underscores the challenges Nigeria is currently facing today and therefore, they’ve made a handful of recommendations necessary to get Nigeria out of that high level vulnerability to this risks.

“While those risks subsists and Nigeria remains on this grey list, there would be very limited confidence in Nigeria, being able to participate with other global countries that mean well. That’s why you will be surprised, when you want to use your debit card on an international website, it is not recognised.

“Other jurisdictions don’t honour our financial instruments because they think working with us exposes them to the same risks of money laundering, terrorism financing amd all that you see with kidnapping and proliferation of small arms.”

The President of the Nigerian Bar Association (NBA), Mr. Afam Osigwe, said the ability of lawyers to adhere to the highest ethical standards in giving services to the people is very important.

He said even if it’s one lawyer that runs foul of our Rules of Professional Conduct, it worries us.

“While we may not achieve 100 percent compliance level, we want to instill confidence in the public that we are interested in ensuring that members of the public adhere to the highest standard.

“”We will also ensure that those who violate their Rules of Professional Conduct are brought to book because that’s the only way we can show the society that we have the capacity and the willingness to weed out those who give us a bad name”.

The Head of Programme, RoLAC II, International IDEA, Mr. Danladi Plang, at the event said the importance of seeking to increase transparency and accountability of anti-corruption systems and reforms cannot be overemphasised as it is regarded as fundamental to sustaining a democratic system of government.

Plang who was represented by the State Project Coordinator, Abia State, RoLAC II
Mr Peter Omenka, said the democratic system of governance comprises a network of interdependent actors and the performance of each actor is affected by the performance of others.

He stated: “Within the system, the legal practitioners are recognised to generally work to support progressive ideals whereby lawyers are expected to be sensitive and create a process to which democracy can flourish.

“It is relatively fair to acknowledge the unique role that lawyers’ play in the protection of rule of law within a limited sphere.

“The legal profession is often regarded as a catalyst for progressive reforms within the legal and societal frameworks of a nation. Legal professionals serve as the architects of the legal system, playing a pivotal role in refining and sustaining the democratic structures of governance. “

The Head of Programme further stated that the ” issues such as misrepresentation of facts, fraud, exploitation of legal loopholes, deceit, and intimidation have marred the integrity of the profession. These unethical practices pose a significant threat to the legal system and must be addressed before they undermine its foundation. In Nigeria, instances of professional misconduct frequently go unchallenged, suggesting a more widespread prevalence of such behavior.”

“Over the years, there has been an increasing societal focus on the ethical conduct of legal professionals, emphasizing the protection of individuals, clients, the courts, fellow practitioners, and the legal profession itself.”

According to him, the “ growing concern underscores the importance of upholding ethical standards in law. In response to this, the Honourable Attorney General of the Federation and Chairman of the General Council of the Bar undertook a review of the Rules of Professional Conduct (2007), aiming to address global malpractice concerns and to ensure that the conduct of legal professionals reflects the highest ethical standards.

“Every society influences its ethical disciplinary culture and ensuring fairness and consistency in a disciplinary procedure promotes a progressive societal value for the public. It fosters positive cultures, encourages a fair and transparent approach to societal goals that promotes confidence and trust. What remains unenforceable and has limited the discipline of erring lawyers is the disciplinary procedure and this gap within the legal community remains a major challenge for the noble profession.”

Earlier, the Communications Officer, International IDEA, Mukhtar Suleiman
in a media advisory, said the two-day national sensitization event, scheduled to take place in Abuja, will serve as a Training of Trainers (ToT) workshop, with participants from all 130 NBA branches, including branch chairpersons and leaders of the Young Lawyers’ Forum.
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Money Laundering: EU, International IDEA, NBA Collaborate to Get Nigeria Solve Money Laundering, Terrorism Financing

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Gunmen abduct 15 passengers, kill one in Benue

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Gunmen abduct 15 passengers, kill one in Benue

By: Zagazola Makama

Armed men dressed in military uniforms have abducted 15 passengers and killed one person during an attack on a commercial bus in Okpokwu Local Government Area of Benue State.

Sources confirmed on Tuesday that the incident occurred on Sunday at about 7:30 p.m. at Ado-Okpoga, along the Oju–Ado-Ekiti route.

The sources said the bus, a Hummer vehicle driven by one Gbenga Peter, 35, was travelling from Oju LGA in Benue to Ado-Ekiti in Ekiti State with 23 passengers on board when it was intercepted by nine armed men.

“On reaching Ado-Okpoga, the bus was attacked by nine unknown armed bandits wearing army uniforms. Fifteen passengers were abducted into the bush,” the sources said.

During the нападение, one passenger, identified as Idiku Meshak Ogbete, 22, was shot dead. The driver and eight other passengers managed to escape and later reported the incident at Okpokwu Police Station.

The Divisional Police Officer (DPO) in Okpokwu was said to have immediately mobilised patrol teams alongside other tactical units, including Operation Whirl Stroke, the Benue State Civil Protection Guards and other security agencies.

“The corpse of the deceased has been removed and deposited at the mortuary in Okpoga. A coordinated search of the surrounding bushes is ongoing to track the suspects, effect arrests and rescue the abducted victims,” the sources added.

Gunmen abduct 15 passengers, kill one in Benue

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Lagos Moves to Build West Africa’s Leading International Financial Centre

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Lagos Moves to Build West Africa’s Leading International Financial Centre

By: Michael Mike

Lagos State has taken a major step toward repositioning Nigeria as a global investment destination with the unveiling of a comprehensive roadmap to establish a Lagos International Financial Centre (LIFC), envisioned as the leading financial hub in West Africa.

The roadmap is contained in a new report titled “Establishing an International Financial Centre in Lagos (LIFC), Nigeria”, produced by TheCityUK in collaboration with the UK Government, Lagos State Government, the Lagos International Financial Centre Council (LIFCC), and EnterpriseNGR. The report was formally launched at the State House, Marina, Lagos.

The high-level event attracted senior government officials, diplomats, and private sector leaders, including Lagos State Governor Babajide Sanwo-Olu, British Deputy High Commissioner to Nigeria Jonny Baxter, EnterpriseNGR Chairman Aigboje Aig-Imoukhuede, and EnterpriseNGR Chief Executive Officer Obi Ibekwe.

The initiative is aligned with Nigeria’s Agenda 2050 and the Lagos State Development Plan 2052, positioning the LIFC as a long-term catalyst for economic transformation. According to the report, the proposed financial centre will deepen capital markets, mobilise international investment, drive innovation, and support sustainable economic growth across Lagos, Nigeria, and the wider West African region.

The report underscores the importance of strong public-private collaboration, noting that Lagos’ demographic advantage, expanding financial ecosystem, and strategic location make it well-suited to host an international financial centre that meets global standards.

One of the report’s core recommendations is the creation of an independent IFC framework for Lagos. This model would provide regulatory certainty, simplified tax and policy regimes, and a transparent governance structure aimed at improving investor confidence and enhancing Nigeria’s competitiveness in global finance.

To differentiate Lagos from other emerging financial centres, the report identifies three priority sectors for initial focus: green and sustainable finance, fintech and financial innovation, and commodities trading and capital markets. These sectors are considered critical to Nigeria’s future economic diversification and resilience.

The report also highlights the need for robust legal and regulatory reforms, calling for close coordination between Lagos State, the Federal Government, regulators, and the private sector to ensure smooth implementation of the LIFC vision.

Human capital development is another key pillar of the strategy. Recommendations include strengthening local talent pipelines, easing visa requirements for international professionals, and creating an enabling environment that supports skills transfer and high-value job creation for Nigeria’s growing youth population.

In addition, the report proposes competitive and targeted tax incentives, streamlined business processes, and investment-friendly policies designed to attract long-term capital aligned with national development priorities.

Speaking at the launch, Governor Babajide Sanwo-Olu reaffirmed Lagos State’s commitment to the project, describing the International Financial Centre as essential to boosting market competitiveness and facilitating seamless trading.

“Lagos is Nigeria’s largest economic and financial centre, and we must create an ecosystem that attracts investment, improves liquidity, and strengthens market infrastructure,” the governor said, adding that the LIFC would unlock new opportunities for public-private partnerships in technology and capital market development.

British Deputy High Commissioner Jonny Baxter said the report reflects the deepening UK-Nigeria partnership, combining Lagos’ strengths with UK expertise to support financial sector development.

He noted that, if effectively implemented, the LIFC could unlock significant domestic and international investment, expand capital markets, create jobs, and promote sustainable growth beyond Lagos State.

Also speaking, TheCityUK’s Managing Director for International, Nicola Watkinson, described Nigeria as a high-growth market with strong long-term potential. She said the LIFC could play a vital role in attracting global capital, supporting fintech and green finance innovation, and creating high-value employment opportunities for young Nigerians.

With the launch of the report, stakeholders say the focus now shifts to implementation, as Lagos seeks to translate vision into action and establish itself as a globally competitive financial centre for West Africa.

Lagos Moves to Build West Africa’s Leading International Financial Centre

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Transcorp Hilton Abuja Curates All-Inclusive Valentine Weekend Experience

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Transcorp Hilton Abuja Curates All-Inclusive Valentine Weekend Experience

By: Michael Mike

As Valentine’s Day approaches, Transcorp Hilton Abuja is set to transform into one of the capital’s premier destinations for romance and social experiences, unveiling an all-inclusive lineup of activities designed for both couples and singles.

This was disclosed in a statement issued at the weekend by the hotel’s Communications and Marketing Manager, Ms Ijeoma Osuji, who said the iconic hospitality brand will host a three-day “Valentine Weekend Package” from February 13 to 15.

According to the statement, the experience is designed to cater to a wide range of guests, from long-term couples seeking a romantic getaway to individuals looking to connect and celebrate the season of love in a vibrant social setting.

For visitors seeking a complete escape, the hotel is offering a bespoke room package that combines luxury accommodation with carefully curated romantic add-ons, promising a serene retreat from the city’s bustle alongside world-class hospitality.

The weekend programme features a diverse mix of entertainment and lifestyle experiences. Among the highlights is the “Signature Couples Event,” a grand and intimate gathering featuring a specially curated Valentine menu, games, music, and comedy performances.

Guests can also look forward to “A Night of Humour,” a comedy showcase featuring top-tier entertainers, aand“Theatre Magic on Stage,” a specially curated romantic stage play designed to engage audiences through powerful storytelling and emotional connection.

For culinary enthusiasts, the hotel will host Dual Restaurant Experiences, with its signature outlets; Zuma Grill and Bukka Restaurant, offering exclusive Valentine-themed dining packages tailored to diverse tastes.

Breaking away from the traditional focus on couples, the hotel is also introducing a Poolside Party for Singles, providing a chic, lively atmosphere for Abuja’s social crowd to mingle under the stars, accompanied by music and refreshing cocktails.

To help guests capture lasting memories, professional couples’ photography sessions will also be available, allowing visitors to document their special moments against the hotel’s scenic backdrops.

“We wanted to create a weekend that wasn’t just a meal, but a memory,” the hotel’s management said in the statement. “Whether it’s through laughter at our comedy special or a beautiful moment captured during a photo session, our goal is to celebrate love in all its forms.”

Reservations for the Valentine Weekend Package are now open, with organisers confident that guests will experience a memorable, immersive celebration at what remains one of Abuja’s most vibrant social hubs.

Transcorp Hilton Abuja Curates All-Inclusive Valentine Weekend Experience

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