Wednesday, November 4, 2026

London court rejects ex-Nigeria governor's appeal in corruption case

 

A London court on Tuesday rejected a former Nigerian oil state governor's bid to reduce a $136.05 million asset confiscation order imposed on ​him after he was convicted in a corruption case.

James Ibori, ‌who enjoys occasional access to President Bola Tinubu and remains influential in oil-producing Delta State, served more than four years in jail in Britain after his 2012 conviction.

He ​had pleaded guilty to laundering tens of millions of dollars in ​stolen public funds through British banks and properties during his ⁠time as governor of Delta from 1999 to 2007.

In 2023, a lower ​London criminal court ordered that £101.5 million ($136.05 million) of his assets should be ​confiscated. It was one of the largest confiscation orders imposed on an individual in British legal history.

Ibori appealed, seeking to have it reduced by some £4.3 million, but on Tuesday ​the Court of Appeal rejected his lawyer’s arguments.

The appeal has been holding ​up the confiscation. It should now go ahead, unless Ibori seeks to appeal to ‌the ⁠Supreme Court.

He told Reuters he was speaking to his lawyers to decide his next steps. He also said it had been a very long time since his troubles started. “Give me a break,” he added.

In his heyday as ​governor, Ibori was a ​household name in ⁠Nigeria and a powerful figure, given Delta’s importance to the national economy.

After a joint investigation into his financial ​affairs by Nigerian and British anti-corruption police, he left ​Nigeria for ⁠Dubai, and was extradited from there to Britain in 2011.

After his guilty plea in 2012, he received a 13-year prison sentence. Taking into account both pre- ⁠and ​post-trial detention, he served about half of it.

He ​was released in late 2016 and returned to Nigeria in early 2017.


U.S. turns to Africa for help fighting a global threat after Americans lose $148 billion in just one year, with Zuckerberg’s Meta under fire

To combat an escalating global wave of online scams, romance fraud, and transnational cybercrime, U.S. Deputy Assistant Secretary of State for International Narcotics and Law Enforcement Affairs (INL) Michael Gonzales recently traveled to Abuja, Nigeria, to meet with senior government and law enforcement officials.

This diplomatic mission comes at a crucial moment for the U.S., as a alarming report from the Consumer Federation of America revealed that Americans lost an estimated $148.2 billion to digital fraud last year costing an average of $1,009 per household.

With financial harm reaching unprecedented levels, American authorities are expanding overseas law enforcement partnerships while major tech platforms like Mark Zuckerberg's Meta face mounting pressure over their alleged role in enabling fraudulent activity.

Rising fraud losses hit the U.S. while Meta faces growing scrutiny

The surge in financial crime includes cryptocurrency schemes, romance fraud, and AI-enabled scams, with total losses exceeding initial law enforcement estimates.

According to the Consumer Federation of America, the true financial cost of online scams is over seven times higher than the losses officially reported to the FBI in 2025.

Over half of all reported losses involved cryptocurrency, while newly measured artificial intelligence fraud added another $6.3 billion in damages.

Social media networks remain the primary channel for scam operations, with platforms owned by Mark Zuckerberg’s Meta accounting for the top three spots in scam reports.

Facebook (57%), Instagram (22%), and WhatsApp (8%). Investigative reports have further claimed that internal Meta estimates indicate that approximately 10% of its annual revenue (roughly $16 billion) stems from advertisements promoting fraudulent schemes and prohibited goods.

As public outrage grows, consumer advocate organizations and local prosecutors have filed major lawsuits against Meta for failing to sufficiently protect users from deceptive ads.

Ben Winters, Director of AI and Data Privacy at the Consumer Federation of America, emphasized the need for corporate responsibility, stating, "This update shows that the troubling trend of rapidly increasing scam losses continues while tech companies are too often allowed to avoid accountability".

Winters added that resolving the crisis "demands additional bold action through legislation, enforcement, and public education at every level, including holding tech companies accountable for the role they play in enabling online scams".

The U.S. and Nigeria deepen joint operations to dismantle cybercrime networks

To effectively combat cross-border offenses like romance scams and financially motivated sextortion, federal agencies in the U.S. have built direct, operational alliances with law enforcement bodies in Nigeria.

During his visit to Abuja, Michael Gonzales met with leaders from Nigeria’s Economic and Financial Crimes Commission (EFCC) and the Nigeria Police Force to accelerate real-time intelligence sharing, joint investigations, and criminal extraditions.

This international law enforcement collaboration is already delivering significant results.

Since 2022, the FBI Legal Attaché Office in Abuja and the EFCC have executed 41 extraditions, including recent cases where suspects were extradited from Nigeria to face U.S. federal charges over sextortion schemes targeting American minors.

Michael Gonzales noted that "when the United States and Nigeria combine investigative, diplomatic, and law-enforcement capabilities, international borders do not provide sanctuary to those who prey on our citizens".

Both nations plan to expand proactive measures targeting illicit financial infrastructure, scam networks, and online facilitators before additional victims are targeted.

By Awogbemila Temitope, Business Insider Africa

Tuesday, November 3, 2026

Video - Lagos fashion week showcases Africa's blend of heritage and modern design



Lagos Fashion Week brought together African designers and fashion enthusiasts to celebrate traditional craftsmanship, bold creativity and contemporary design under the theme "CRAFTED." The event also highlighted the growing potential of Africa's fashion industry, with calls for greater investment, production and global recognition.

Monday, November 2, 2026

Video - Nigeria turns to homegrown defense technology to tackle security challenges



Africa's first International Defense Exhibition (AFRIDEX) has brought global defense companies and local manufacturers together in Lagos to showcase advanced military technology and equipment. The four-day event highlights Nigeria's drive to boost domestic arms production, attract international partnerships, and reduce reliance on foreign military imports amid growing security threats.

Tinubu reaffirms commitment to Project Nigeria

President Bola Tinubu has reaffirmed his commitment to Project Nigeria, pledging to build a prosperous nation, invest in youths and pursue development guided by Almighty Allah and Nigerians’ aspirations.

The president stated this on Monday while reflecting on his spiritual journey to Saudi Arabia for the lesser Hajj, during which he was granted the rare privilege of praying inside the Holy Ka’abah.

King Salman bin Abdulaziz Al Saud, Custodian of the Two Holy Mosques, granted the President and members of his delegation access to the sacred structure in Makkah.

At the Ka’abah, Tinubu offered prayers of gratitude to Almighty Allah for the privilege of serving as Nigeria’s president and commander-in-chief of the armed forces.

Sheikh Dahlulah Muthawal of Masjid al-Haram led the President into the Ka’abah.

Tinubu thanked King Salman and Crown Prince Mohammed bin Salman for granting him and members of his delegation the opportunity to enter the Holy Ka’abah and offer prayers.

He described the honour as historic and a deeply cherished spiritual experience, reflecting the longstanding bonds of friendship, mutual respect and cooperation between Nigeria and Saudi Arabia.

“I want to say a big thank you for the faith, for the recognition. I can’t believe the fencing of the Ka’abah is in green-white-green, which reminds us of the Nigerian identity.

“I thank the Crown Prince and all the administrators of the Holy Land. I thank them for the hospitality and recognition given to me as the leader of the delegation and the country.

“We are all facing challenges and hostility around us. We will overcome them with faith in God Almighty. I’m grateful forever. I thank the King and the royal Crown Prince.

“It is an honour that I enjoyed, and it is gracious of them to have allowed me to enter inside the Ka’abah. This is history,” he said.

The president said he prayed for wisdom and resilience to continue serving Nigerians, expressing confidence that Almighty Allah had granted his request.

“Well, I asked for wisdom and resilience to continue to serve the people. I know that prayer has been granted. Before the 2023 election, I did the same thing.

“I asked Allah to bless my Umrah then, and He did. And I promised that I would come back to thank Him,” the President said.

Reflecting on Surah Aal-Imran, Verse 26 of the Holy Qur’an, the President said sovereignty belonged ultimately to Almighty Allah, who grants and withdraws power.

He said the message underscored the need for leaders to exercise authority responsibly, with humility and in the service of the people.

“There is no other God but Almighty Allah. He is the giver and the taker. He owns power and authority.

“He says, ‘If I give you, use it well. If you don’t use it in accordance with my dictates, I can take it from you and give it to another person. I am the only one who has that authority.”

Tinubu said his faith had strengthened his conviction that becoming Nigeria’s leader was an extraordinary blessing that must be matched with dedicated service.

“I have faith in that, and I believe extremely well that He has done me and my country a great favour.

”Out of many millions of people, to be the President and Commander-in-Chief is a favour that only Almighty God can do to a human being,” he stated.

The president said his commitment to Project Nigeria had become stronger, assuring Nigerians of his determination to pursue policies that would promote prosperity and shared progress.

“My commitment to Project Nigeria is higher. I am determined to usher in prosperity and fully develop the country, consistent with the wish of Allah and the support of the people.

“It is important to put Allah first, then move on. Follow your conscience. Follow the right path that will lead Nigeria to that greatness,” he said.

On the economy, Tinubu expressed optimism about the progress recorded under his administration.

“The foundation is solid, and the economy has come out of the dark tunnel. This is inspiring,” he said.

He said nation-building required sustained investment in young Nigerians, stressing that present leadership decisions would shape how future generations remembered them.

“We need to build a future for our youth. If we don’t invest in their future, how do we want to be remembered as leaders 50 years from now? That’s the main thing. So this is a rare privilege to lead the country,” the president added.

Tinubu reiterated his administration’s commitment to strengthening the economy, expanding opportunities for young people and creating conditions for Nigerians to realise their potential.

He thanked Almighty Allah for the opportunity to lead Nigeria, pledging to justify the confidence reposed in him through purposeful leadership and sustained commitment to national progress.