The Nigerian Financial Intelligence Unit (NFIU) has raised alarm over an alarming surge in suspicious financial transactions from Nigeria to Dubai and Hong Kong—two jurisdictions it describes as emerging global hotspots for illicit financial flows. In a report released in May 2025 and obtained by The PUNCH on Tuesday, the NFIU revealed that it received 401 Suspicious Transaction Reports linked …

President Bola Tinubu on Thursday, met King Charles III of England in Dubai, the United Arab Emirates, venue of the COP28 Climate Summit. Both leaders had arrived at the city to participate in the Conference where leaders from over 198 countries are expected to participate. President Tinubu announced the meeting on his X account, describing the British monarch as a …