Author: News Room
The use of centralized crypto exchanges for laundering illicit funds is on the decline, with Chinese-language money laundering networks now being used more than ever, according to Chainalysis.Chainalysis said in a report on Tuesday that informal service-based networks offered through Chinese-speaking channels have a wide variety of laundering-as-a-service businesses that use money mules, informal over-the-counter trade desks, and gambling platforms to mix and swap crypto.The networks emerged during the start of the COVID-19 pandemic in early 2020, and now “dominate known crypto money laundering activity.”Centralized crypto exchanges have made strides to beef up customer checks and security in the last…
Us Weekly has affiliate partnerships. We receive compensation when you click on a link and make a purchase. Learn more! If half your Instagram feed is basically all about fashion, well, same. Luckily, all that scrolling makes gives Us a crystal clear understanding of what’s trending right now — and it’s these sweater styles. Influencers literally can’t stop talking about these knit pullover looks, so it’s no wonder they’re flying off the shelves! Between the flattering fits, elegant details and cozy fabrics, these Amazon picks look much more expensive than they are. Whether you’re picking the kids up from school…
Nigeria’s former Minister of Petroleum, Diezani Alison-Madueke, spent over £2 million at Harrods, a luxury store in London, buying high-end accessories with money gotten from a government contractor, a prosecutor told a UK court on Tuesday. The accessories were purchased with a payment card owned by a Nigerian businessman, Kolawole Aluko. Some purchases were also made with his company’s debit card, Tenka Limited. Reuters reported on Tuesday that the case prosecutor, Alexandra Healy, told jurors at Southwark Crown Court that Mrs Alison-Madueke “lived a lavish lifestyle in London.” He declared that she was staying there at the expense of individuals…
President Recep Erdogan of the Republic of Türkiye, on Tuesday in Ankara, said his country targets a $5 billion trade volume with Nigeria, adding that discussions to actualise this have already commenced. President Erdogan stated this during a joint press briefing with President Bola Tinubu during the Nigerian President’s State Visit. At present, the trade volume between the two nations is about $2 billion. Turkey exports planes, helicopters, machinery, iron and steel, and chemical products to Nigeria. Nigeria exports crude oil and agricultural products to Türkiye. Mr Erdogan said the establishment of the Joint Economy and Trade Committee between the…
Former Director of Voter and Publicity Education of the Independent National Electoral Commission, INEC, Oluwole Osaze-Uzzi, says there is evidence that the Senate is delaying the passage of the Electoral Act. Osaze-Uzzi made this allegation on Tuesday while fielding questions in an interview on Arise Television. He said that the consequence of the delay would me make Nigeria to fall back on the Electoral Act of 2022, which he said has flaws. “Evidence shows the Senate is deliberately delaying the passage of the Electoral Act. I think the circumstantial evidence seems to be that it’s a deliberate ploy. “When you…
A chieftain of the New Nigerian Peoples Party, NNPP, Buba Galadima, has said that the defection of Kano State Governor, Abba Yusuf into the All Progressives Congress, APC, is the worst betrayal in the entire world. Galadima made this statement on Tuesday when he appeared as a guest in an interview on ‘Prime Time’, a programme on Arise Television. He said that the betrayal of the governor should be in Guiness World Record, adding that January 23, when Governor Yusuf resigned from the NNPP, should be marked every year as World Betrayal Day. DAILY POST reports that Governor Yusuf resigned…
Troops of the Nigerian Army has apprehended 27 suspected illegal miners in the Federal Capital Territory, FCT, and neutralised three terrorists during sustained operations across the country in the last 24 hours. A credible military source disclosed this to the News Agency of Nigeria on Tuesday in Abuja. He said troops of 7 Guards Battalion under Operation MESA raided an illegal mining site at Iddah in Bwari Area Council of the FCT, arresting 27 suspects and destroying the illegal miners’ camps. According to him, items recovered during the operation included a dane gun, four motorcycles and assorted mining equipment, while…
Argentina legendary player, Angel Di Maria has said he won’t be joining Lionel Messi and Cristiano Ronaldo at the World Cup this year. The 37-year-old standout player has been a key member of the national team for many years, experiencing every moment alongside his friend Messi. Di Maria did an interview with AS and talked about his future plans. He said he feels satisfied with all the things he has done in his career. He said he still wants to play in the World Cup, but he knows his time is up because he has already achieved everything he wanted.…
US Rep Ilhan Omar was attacked during a town hall she was hosting on Tuesday in Minneapolis. Associated Press reports that a man armed with a syringe sprayed an unknown substance at Democrat Congress woman. This act prompted a swift response from security and police as tensions over federal immigration enforcement continue to run high in the city. The man was tackled to the ground by attendees and security moments after the attack, as cheers erupted in the room. Video seen by PUNCH Online on NBC News early Wednesday morning of the incident showed the suspect wearing a black jacket…
An Ekiti State High Court, Ado Ekiti Division, on Tuesday, sentenced three persons to death by hanging for armed robbery. The condemned inmates, Lasisi Afeez (33), Ilesanmi Seun (32) and Ajewole Peter (53) were arraigned before Justice Lekan Ogunmoye on a four-count charge bordering on conspiracy, armed robbery and unlawful possession of firearms. The charge stated that “the offences were contrary to Section 314, 312 (2) (b) and 344 of the Criminal Law of Ekiti State, 2021”. It read that “the defendants on 29th March, 2022 at Ado Ekiti, while armed with offensive weapons such as guns and cutlasses, did…
