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Cryptocurrency Portrays Greater Danger To World Economy, Says EFCC

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Chairman, Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, has said growth of cryptocurrencies, such as Bitcon portrays a far greater danger to the world economy.

The EFCC boss stated this while delivering a keynote address on Monday at the 38th Cambridge International Symposium on Economic Crime, themed, “Economic Crime-Who pays and who should pay?”, organized by the Center for International Documentation on Organized and Economic Crime (CIDOEC), Jesus College, University of Cambridge,, United Kingdom.

Describing cryptocurrencies as the new typologies of economic crimes, Bawa said criminals now elect to transact or receive illegal monies such as ransom money in digital currency, noting that Bitcoin and Ethereum were the most commonly used medium of these exchanges.

He therefore, advocated collective and collaborative approach by authorities around the world in dealing with the challenges of financial crimes which, he noted, is a global scourge as no nation is spared its virulence.

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According to him, economic crimes which are largely illegal acts committed for private gain, “affect the vital structures of global economies, causing significant damage to the Global Financial System and depriving developing nations of the needed resources for sustainable development”.

He noted that developed countries are not immune from the scourge, which has “magnified with the proliferation of Cyber-crimes which threatens the stability of Global Financial Institutions.”

He commended the choice of theme which he said offers a platform to interrogate the challenges of economic crimes.

“As the victims of crime continue to suffer globally from the effects of financial crimes, either directly or indirectly as part of a social system, the determination of who pays or who should pay becomes a critical measure of the criminal justice system in place,” he said.

He underlined the imperatives of an impartial judiciary in ensuring that “the perpetrators of acts and not the victims pay for their crimes.”

While highlighting some of the transparency and accountability achievements of the Nigerian Government under the leadership of President Muhammadu Buhari including enactment and amendment of relevant laws to enhance public accountability and reforms such as Treasury Single Account and the Whistle Blower Policy among others;  Bawa pointed out that the EFCC, as the rallying point in the fight against economic crimes in Nigeria, has recorded important milestones in investigations, prosecutions and assets recovery.

In his words, “Since its establishment in 2003, the Commission has recorded no less tha  3,500 convictions and recovered assets of significant value including properties in Nigeria, the UK, USA, and the UAE. All these have measurably contributed to the national efforts against economic crimes in Nigeria”.

The EFCC boss concluded by challenging participants to come up with practical solutions to curb the international threat of economic crimes.

Chairman of the Symposium, Mr. Saul Froomkin, thanked the EFCC boss for his insightful presentation, and the support received from Nigeria in organizing the event.

Participants at the Symposium were drawn from law enforcement and security agencies, accountability institutions and select stakeholders from across the World.

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President Tinubu Graces Late President Buhari’s Book Launch

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By Yusuf Danjuma Yunusa

The family of the late president Buhari, on 15 December, 2025, launched a book entitled “From Soldier to Stateman: The Legacy of Muhammadu Buhari”

The event took place at the presidential villa with dignitaries in attendance include: President Bola Ahmed Tinubu, Aisha Buhari, the wife of the late president Buhari, Senator Oluremi Tinubu, the wife of the president, Dr. Charles Omole, the Author of the book, Adama Borrow, the president of Gambia, Sultan of Sokoto, Muhammad Sa’ad Abubakar, and many others.

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Speaking at the launch of the biography, Tinubu said Buhari’s legacy of integrity and modesty would continue to inspire Nigerians.

The president described the late president Buhari as a “leader of quiet strength and discipline.”

“President Muhammadu Buhari left behind a reputation for integrity, a spartan lifestyle, and the belief that public office is a trust and not a windfall,” Tinubu said.

He recounted his political journey with Buhari, decorating him as a consistent patriot whose honesty was acknowledged even by critics, adding that their political partnership taught the value of cooperation across differences.

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Prominent Kano Politician Ibrahim Little Sues Danagundi, Ibn Sina Over Hisbah Establishment

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A chieftain and leader of the African Democratic Congress (ADC) in Kano State, Alhaji Ibrahim Ali Amin “Little,” has filed a legal action at the Kano State High Court challenging the establishment of an Independent Hisbah body in the state.

It will be recalled that Little had earlier written to the concerned parties, urging them to suspend the move in the interest of peace and stability in the state. A copy of the letter, addressed to former Governor Abdullahi Umar Ganduje, was also sent to the Governor of Kano State, Abba Kabir Yusuf; Baffa Babba Danagundi; Haruna Ibn Sina; and the Department of State Services (DSS).

According to his Executive Assistant and Media Aide, Adnan Mukhtar, Little decided to seek legal redress following what he described as the respondents’ persistence and insistence on proceeding with the establishment of the Independent Hisbah.

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“Dissatisfied with their recent actions and continued insistence on moving forward with the establishment process, Little approached the Kano State High Court to seek redress,” Mukhtar said.

Those listed as respondents in the suit include the Speaker of the Kano State House of Assembly, the Kano State House of Assembly, the Attorney General of Kano State, the Kano State Hisbah Board, Baffa Babba Danagundi, and Haruna Ibn Sina.

In an official statement posted on his Facebook page, Little said:

“I have today instructed my lawyers to file an action challenging the establishment of an Independent Hisbah in Kano State. This follows my recent letter to the parties concerned and their insistence on proceeding with the establishment of the Independent Hisbah.

 

“I believe this move is an attempt to disrupt our peaceful coexistence at a time when the state is facing security challenges.

 

“The peace of Kano State remains our utmost priority.

Kano Sabuwa, In sha Allahu.”

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Commissioning of Kano State Online Media Chapel Marks Historic Milestone in Journalism

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By: Ahmad Muhammad Sani Gwarzo, ANIPR

The commissioning of the Kano State Online Media Chapel at the Nigeria Union of Journalists (NUJ) Kano State Council Secretariat marked a defining moment in the history of journalism practice in Kano State. The event reflects the continuous evolution of the media profession in response to digital transformation and modern communication realities.

The ceremony attracted prominent personalities from journalism and government circles, underscoring the importance of online media as a vital component of information dissemination, public enlightenment, and democratic engagement in contemporary society.

NUJ National President’s Remarks
In his keynote address, the National President of the NUJ, Comrade Alhassan Yahaya Abdullahi, described the commissioning as a progressive step aligned with global best practices in journalism, where digital platforms now play a central role in shaping public opinion and narratives.

He emphasized that the Online Media Chapel was not established merely for recognition, but to instill discipline, professionalism, and ethical compliance among online journalists operating within Kano State and beyond.

“Journalism remains a noble profession that demands responsibility, truthfulness, and accountability, regardless of whether it is practiced through print, broadcast, or online platforms,” Abdullahi stated. He cautioned against the misuse of digital platforms for misinformation, character assassination, and unverified reports, warning that such practices pose serious threats to societal peace, national security, and the credibility of the profession.

The NUJ President charged members of the Online Media Chapel to see themselves as ambassadors of responsible journalism, committed to accuracy, balance, and fairness in all their reports. He assured that the national body would continue to provide guidance, support, and policy direction to ensure online journalists are fully integrated into the union’s professional framework.

Kano State Government’s Position
Delivering his remarks, the Kano State Commissioner for Information and Internal Affairs, Comrade Ibrahim Abdullahi Waiya, described the commissioning as a timely intervention in the state’s information ecosystem.

He noted that the Kano State Government recognizes the influence of online media in shaping public perception and applauded the NUJ for organizing practitioners under a structured and accountable platform.

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The Commissioner reaffirmed the government’s commitment under the leadership of His Excellency, Alhaji Abba Kabir Yusuf, FNISE, to sustaining a healthy relationship with the media as partners in governance and development. He urged online journalists to use their platforms to promote peace, unity, and developmental initiatives, stressing that responsible reporting remains a key pillar for social stability and economic growth.

“Freedom of expression must go hand in hand with respect for the law, ethical standards, and cultural values,” Waiya emphasized, assuring the chapel of the ministry’s readiness to engage constructively with practitioners to ensure accurate dissemination of government policies and programs.

NUJ Kano State Council’s Perspective
Earlier in his address, the Chairman of the NUJ Kano State Council, Comrade Sulaiman Abdullahi Dederi, welcomed guests and described the day as historic for the council and online media practitioners.

He explained that the decision to establish the Online Media Chapel was borne out of the need to accommodate the growing number of journalists operating on digital platforms within Kano State.

Comrade Dederi noted that the chapel would serve as a platform for capacity building, ethical regulation, and collective engagement, aimed at improving the welfare and professional competence of its members. He reiterated the council’s commitment to fostering unity among all chapels under the NUJ umbrella, emphasizing that journalism thrives best in an atmosphere of cooperation and mutual respect.

Online Media Chapel’s Commitment
Speaking on behalf of online media practitioners, the Kano State Chairman of the Online Media Chapel, Comrade Abubakar Abdulkadir Dangambo, described the commissioning as a dream fulfilled and a turning point for online journalism in Kano State.

He expressed gratitude to the NUJ leadership at both state and national levels for formally recognizing online journalists as critical stakeholders in the media industry.

Comrade Dangambo pledged that members of the chapel would operate with professionalism, integrity, and a strong sense of responsibility to the public. He emphasized that the chapel would prioritize training, mentorship, and internal regulation to ensure members uphold the ethics of journalism at all times.

He further stressed the collective resolve of members to combat fake news, hate speech, and sensational reporting that could undermine social harmony, calling on online journalists to see the chapel as a platform for unity, self-discipline, and continuous learning in line with global journalism standards.

Conclusion
The atmosphere of the event reflected shared optimism and commitment by all stakeholders toward strengthening journalism practice in the digital era. Participants expressed confidence that the Online Media Chapel would contribute positively to professional development, public trust, and credible information dissemination.

The establishment of the chapel was widely acknowledged as a proactive response to the challenges and opportunities presented by digital journalism. The commissioning ceremony concluded with a collective call for ethical journalism, unity among practitioners, and sustained engagement in advancing the role of the media in national development.

The Kano State Online Media Chapel now stands as a symbol of progress, professionalism, and adaptation, reflecting the enduring relevance of journalism in a rapidly changing digital world.

 

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