Nigeria News (Standard)
CBN Freezes Accounts of Six Terrorism Suspects and Four BDCs in Nationwide Crackdown
Regulator orders immediate asset freeze and enhanced surveillance after new Nigeria Sanctions List update on June 18
Regulator orders immediate asset freeze and enhanced surveillance after new Nigeria Sanctions List update on June 18
The Central Bank of Nigeria (CBN) has directed all commercial banks, payment service banks, and financial institutions across the country to freeze accounts and assets linked to six individuals and four bureaux de change (BDCs) identified under terrorism sanctions. The directive, issued from Abuja via a circular dated June 24, follows updated sanctions by the Nigeria Sanctions Committee and the United States Office of Foreign Assets Control (OFAC), with immediate effect.
According to the circular signed by Olubunmi Ayodele-Oni, Director of Compliance at CBN, the apex bank stated that these measures were necessary after the Nigeria Sanctions List was revised on June 18. The CBN said all regulated entities must comply by immediately restricting access to funds or assets associated with the named persons and BDCs. The six individuals named include Muktar Muhammad Adamu, Babangida Muhammed Adamu Hammajam, Abdullahi Umar Usman, Ibrahim Abubakar, Adamu Chiroma, and Yakubu Ogirima Ibrahim.
The move comes as Nigeria intensifies efforts to disrupt financial networks suspected of supporting terrorism. Security analysts have long highlighted the role of illicit financial flows in sustaining insurgent groups in the North-East and other affected regions. With this action, authorities aim to stem such funding channels while sending a warning to others involved in similar activities.
In its circular, CBN further instructed all banks and financial institutions to conduct retrospective reviews of suspicious transactions linked to the affected accounts or entities. The regulator emphasised that compliance is binding on all regulated organisations as at the date of the notice. No timeline for unfreezing was provided, indicating that restrictions will remain until further instructions are issued by government or relevant authorities.
While no official statement has yet been released from opposition parties or affected individuals, financial sector stakeholders are expected to increase scrutiny over customer due diligence processes in coming weeks. The CBN’s move aligns with broader government policy targeting terrorism financing following international cooperation with OFAC under Executive Order 13224.
Nigeria News (Standard)
Ex-UNILAG Don Hails Tinubu’s State Police Proposal as Timely Initiative
Former university lecturer describes move as step towards addressing insecurity; calls for inclusive implementation framework
Former university lecturer describes move as step towards addressing insecurity; calls for inclusive implementation framework
A former lecturer at the University of Lagos has commended President Bola Tinubu’s proposal for the establishment of state police across Nigeria, describing the initiative as a timely response to ongoing security challenges. The endorsement came on Friday, 26 June, following Tinubu’s renewed push for state-level policing structures to tackle rising incidents of banditry and armed attacks nationwide.
The ex-UNILAG academic argued that empowering state governments with their own police formations would boost rapid response to localised threats and improve accountability in law enforcement. He stated that the federal government’s current centralised policing model has struggled to contain complex security issues in various regions, especially in the North-West and South-East geopolitical zones.
Calls for state police have intensified in recent years amid persistent security breaches and demands from state governors and civil society groups for decentralised policing. Proponents believe that locally controlled police will be better equipped to understand and address the unique concerns of their communities, while opponents worry about possible political misuse by state authorities.
“This move is long overdue and should be backed by a comprehensive legal framework to ensure checks and balances,” the ex-don said. He urged stakeholders at both federal and state levels, including lawmakers from the APC, PDP, LP, and NNPP, to support relevant constitutional amendments in order to make state police a reality. Opposition voices have previously cautioned against hasty implementation without adequate safeguards for human rights.
As at press time, President Tinubu has directed relevant ministries and agencies to begin consultations with key stakeholders. Legislative debate on the proposal is expected in the coming weeks, with public hearings likely to follow. Security experts say a successful transition to state policing could mark a major shift in Nigeria’s approach to internal security.
Nigeria News (Standard)
Super Eagles Goalkeeper Nwabali Nears Saudi Club Move After Chippa United Exit
Sources say Saudi club leads race for Rivers-born keeper as Israeli interest fades; transfer could finalise this week
Sources say Saudi club leads race for Rivers-born keeper as Israeli interest fades; transfer could finalise this week
Stanley Nwabali, the Super Eagles goalkeeper who hails from Rivers State, is set to seal a move to a Saudi Arabian club after leaving Chippa United in South Africa earlier this year. The development comes as at Wednesday, with sources close to the player indicating that talks with a Saudi side have intensified and may conclude before the end of the week.
Nwabali, who parted ways with Chippa United following the conclusion of the 2025/26 season, has attracted significant attention due to his strong performances for Nigeria at international level. While clubs in Israel previously showed interest in signing him, those options have now taken a back seat as negotiations with a Saudi club move forward. Reports indicate that the unnamed Saudi club has been impressed by Nwabali’s experience and sees him as a valuable addition capable of strengthening their squad ahead of the new campaign.
The transfer is seen as significant for both Nwabali and Nigerian football fans, given his recent rise to prominence as Super Eagles’ first-choice goalkeeper. His leadership and consistency between the posts earned plaudits during Nigeria’s recent international fixtures, even as the national team missed out on qualification for the 2026 FIFA World Cup. His next destination is closely watched by stakeholders keen on seeing more Nigerian talent excel abroad.
A source familiar with the situation told reporters that negotiations are at an advanced stage. “At the moment, Saudi Arabia looks like the most likely destination. The club involved likes his profile and believes he can add experience and quality to their squad. There could be some developments by the end of this week if everything goes according to plan,” the source said.
If finalised, Nwabali’s move would mark another high-profile transfer involving a Nigerian player to the Middle East in recent years, reflecting growing opportunities for homegrown talents outside traditional European leagues. Fans and analysts are now watching closely for an official announcement from both Nwabali and his prospective new club.
Source: https://guardian.ng/sport/stanley-nwabali-set-to-join-saudi-club/
Nigeria News (Standard)
Cape Verde Holds Uruguay to 2–2 Draw in Historic World Cup Debut at Miami Stadium
Coach Bubista says team aims to showcase Cape Verdean culture as small island nation surprises global football audience
Coach Bubista says team aims to showcase Cape Verdean culture as small island nation surprises global football audience
Cape Verde, a Portuguese-speaking island country off West Africa with a population of about 600,000, forced its way into the global football conversation on Sunday by holding Uruguay to a dramatic 2–2 draw at Miami Stadium in their debut FIFA World Cup appearance. The Blue Sharks earlier opened their campaign with a goalless draw against Spain, marking a remarkable start for the tournament’s underdogs.
In the Sunday match, Kevin Pina scored Cape Verde’s first-ever World Cup goal with an impressive free kick from over 30 metres, while substitute Helio Varela netted the late equaliser in the second half. These performances saw fans waving flags and celebrating as Cape Verde matched up against footballing giants, defying expectations tied to their modest population size.
The result has sparked pride across Africa, as Cape Verde joins other nations in representing the continent on world football’s biggest stage. For many Nigerians, especially those following Super Eagles’ performances at previous tournaments, Cape Verde’s feat demonstrates how smaller teams can make an impact when given an opportunity.
Coach Pedro Leitão Brito, popularly known as Bubista, stated that the squad’s ambition was not just about results but also about showing the world Cape Verdean identity. “We want people to know our culture, music, history and supporters,” Bubista said after the match. Supporters echoed his sentiments as social media buzzed with praise for the team’s discipline and resilience.
With two draws from their opening games, Cape Verde remains unbeaten at their first World Cup outing and will look to build on this momentum in their next fixture. Analysts say this performance could inspire other African nations and increase interest in grassroots football development across West Africa.
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