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    Supreme Court Orders Final Forfeiture of Emefiele’s Assets to Federal Government

    Supreme Court Orders Final Forfeiture of Emefiele’s Assets to Federal Government

    President Bola Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination, 2026, establishing a unified framework to regulate virtual assets and strengthen Nigeria's digital economy. The President signed the order pursuant to Section 5 of the 1999 Constitution (as amended), and it took effect immediately, according to a statement issued Friday by presidential spokesperson, Bayo Onanuga. The statement explained that the order was designed to address a fragmented regulatory landscape, where overlapping and disjointed oversight by government agencies had exposed Nigerians to risks such as money laundering, terrorism financing, cybersecurity threats, fraud and revenue losses. It noted that unregistered operators had exploited these gaps in the past to defraud unsuspecting citizens. To close these loopholes, the order establishes a Virtual Asset Council chaired by the Central Bank of Nigeria (CBN), with the Nigeria Revenue Service (NRS) and the Securities and Exchange Commission (SEC) serving as vice-chairs. Other members include the Nigerian Financial Intelligence Unit (NFIU) and the Office of the National Security Adviser (ONSA). The Council will set policy direction, foster cooperation among the agencies, and collaborate with the Attorney-General of the Federation to build a harmonised legal and institutional framework for the sector. A Virtual Asset Office will also be created as the Council's operational arm, with its secretariat based at the CBN. The office will coordinate information sharing, applications and reporting among agencies through an integrated supervisory technology platform. The statement clarified that the order does not create a new regulator or strip any agency of its existing powers. Instead, registration of virtual asset activities will be determined by the nature of the asset involved — the SEC will register security-related activities, while the CBN will handle payment, settlement, custody and other non-security virtual asset services. The Council will resolve any disputes over jurisdiction. As part of the coordinated approach, the CBN is proceeding with a regulatory sandbox that will allow eligible operators to test virtual asset products and blockchain-based solutions under close supervision before they reach the wider market. The NRS is also expected to release a tax policy for the virtual assets sector to strengthen compliance and ensure the industry contributes fairly to national revenue. Additionally, the Federal Government is finalising a Virtual Assets White Paper that will outline the country's long-term policy direction for the sector. The Council has been given 30 days to develop a Harmonised Implementation Framework to guide agencies in enforcing the order.

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    Tinubu Wanted Young Female Deputy Governor, Says Hamzat

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    NLC Moves To End NURTW Crisis As MC Oluomo, Baruwa Agree To Peace Talks

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    Supreme Court Orders Final Forfeiture of Emefiele’s Assets to Federal Government

    Supreme Court Orders Final Forfeiture of Emefiele’s Assets to Federal Government

    President Bola Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination, 2026, establishing a unified framework to regulate virtual assets and strengthen Nigeria's digital economy. The President signed the order pursuant to Section 5 of the 1999 Constitution (as amended), and it took effect immediately, according to a statement issued Friday by presidential spokesperson, Bayo Onanuga. The statement explained that the order was designed to address a fragmented regulatory landscape, where overlapping and disjointed oversight by government agencies had exposed Nigerians to risks such as money laundering, terrorism financing, cybersecurity threats, fraud and revenue losses. It noted that unregistered operators had exploited these gaps in the past to defraud unsuspecting citizens. To close these loopholes, the order establishes a Virtual Asset Council chaired by the Central Bank of Nigeria (CBN), with the Nigeria Revenue Service (NRS) and the Securities and Exchange Commission (SEC) serving as vice-chairs. Other members include the Nigerian Financial Intelligence Unit (NFIU) and the Office of the National Security Adviser (ONSA). The Council will set policy direction, foster cooperation among the agencies, and collaborate with the Attorney-General of the Federation to build a harmonised legal and institutional framework for the sector. A Virtual Asset Office will also be created as the Council's operational arm, with its secretariat based at the CBN. The office will coordinate information sharing, applications and reporting among agencies through an integrated supervisory technology platform. The statement clarified that the order does not create a new regulator or strip any agency of its existing powers. Instead, registration of virtual asset activities will be determined by the nature of the asset involved — the SEC will register security-related activities, while the CBN will handle payment, settlement, custody and other non-security virtual asset services. The Council will resolve any disputes over jurisdiction. As part of the coordinated approach, the CBN is proceeding with a regulatory sandbox that will allow eligible operators to test virtual asset products and blockchain-based solutions under close supervision before they reach the wider market. The NRS is also expected to release a tax policy for the virtual assets sector to strengthen compliance and ensure the industry contributes fairly to national revenue. Additionally, the Federal Government is finalising a Virtual Assets White Paper that will outline the country's long-term policy direction for the sector. The Council has been given 30 days to develop a Harmonised Implementation Framework to guide agencies in enforcing the order.

    Tinubu Signs Executive Order To Regulate Virtual Assets, Digital Economy

    Rufai Oseni Breaks Down on Live TV Over Nigeria’s Economic Decline

    Rufai Oseni Breaks Down on Live TV Over Nigeria’s Economic Decline

    Tinubu Wanted Young Female Deputy Governor, Says Hamzat

    Tinubu Wanted Young Female Deputy Governor, Says Hamzat

    Bode George Blames Excessive Land Reclamation for Lagos Flooding

    Bode George Blames Excessive Land Reclamation for Lagos Flooding

    FG to Publish Poverty, Income Data to Measure Impact of Economic Reforms – Oyedele

    FG to Publish Poverty, Income Data to Measure Impact of Economic Reforms – Oyedele

    Barcelona Reveals Story Behind Messi’s Iconic Photo With Baby Lamine Yamal

    Barcelona Reveals Story Behind Messi’s Iconic Photo With Baby Lamine Yamal

    FG Renames Lagos-Calabar Coastal Highway in Honour of Tinubu

    FG Renames Lagos-Calabar Coastal Highway in Honour of Tinubu

    NLC Moves To End NURTW Crisis As MC Oluomo, Baruwa Agree To Peace Talks

    NLC Moves To End NURTW Crisis As MC Oluomo, Baruwa Agree To Peace Talks

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Pleasure Magazine’s Latest Edition Features PR Expert Adeniyi Ifetayo

Seunmanuel Faleye by Seunmanuel Faleye
May 31, 2023 - Updated on May 4, 2025
in Featured Story, Leadership 360°
Reading Time: 3 mins read
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Pleasure Magazine’s Latest Edition Features PR Expert Adeniyi Ifetayo
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In its latest edition, Pleasure Magazine, a luxury brand publication known for connecting the world, has featured Adeniyi Ifetayo Moses, celebrated Nigerian journalist, and PR expert. Pleasure magazine is published by Otunba Adedotun Olaoluwa, and endorsed by the Prince of Saudi Arabia. The prestigious magazine highlights the achievements of individuals who have made remarkable contributions to their respective fields. Adeniyi Ifetayo Moses, alongside two other Nigerians, has been recognised as one of the world’s leading businessmen featured in this exclusive issue.

The Pleasure Magazine feature on Adeniyi Ifetayo Moses carries the title “Charting the Rise of the Innovative Media,” signifying his significant impact in the industry. Adeniyi’s journey as an award-winning celebrity journalist and lifestyle reporter has been nothing short of inspiring. His unwavering determination and intelligence have led him to make it his life’s mission to empower others to reach their full potential.

As the founder of Megastar Media Communication and First Lady Award Entertainment, Adeniyi has established alliances with renowned global media organizations, bringing trusted and renowned journalism to the forefront. Megastar Media Group, a market-leading B2B media company, publishes print and digital products that facilitate connections between end-users and solution providers on a daily basis.

Adeniyi’s dedication to mentoring and training youth from all over Nigeria has played a crucial role in shaping the future of the media industry. Drawing from his extensive experience, he guides aspiring individuals in finding their niche and excelling in the media world.

FIRS: Nigeria’s Tax-To-GDP Ratio, 10.86% As At 2021

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Having studied Multimedia Journalism at The Institute for Advancement of Journalism in Johannesburg, South Africa, and Entrepreneurship and Business Management at the National Open University of Nigeria, Adeniyi has honed his skills over 15 years in celebrity journalism and media PR. Celebrating people, businesses, and events has been a core aspect of his work. He serves as a content provider for prominent media outlets such as BBC, Ben TV London, Dotmount Communication, Reign Advertising, and several national dailies, where his clients enjoy prime-time exposure and desired brand visibility.

Throughout his career, Adeniyi, fondly known as “Niyi,” has interviewed and covered the lives of rich, famous, influential, and powerful personalities across Nigeria, Africa, Europe, Canada, and the UK. His journalistic expertise led to his selection as one of the few journalists to cover the wedding of former President Goodluck Jonathan’s daughter. Furthermore, he was appointed as the sole media PR consultant accompanying His Majesty, Ogiame Atuwatse III, The Olu of Warri, on an official visit to Canada to attract foreign direct investment to the Warri Kingdom and Nigeria as a nation.

Adeniyi’s professional prowess extends beyond his journalism career. He currently serves as the media PR consultant to Senator-Elect Prince Ned Nwoko for the years 2023-2027. Notably, he was the only journalist to accompany the esteemed billionaire philanthropist and Antarctica explorer, Ned Nwoko, on his historic trip to Cape Town. During this remarkable journey, Ned Nwoko became the first black man to hoist the Nigerian flag in Antarctica, raising awareness about the scourge of malaria in Africa. Adeniyi joins Ned Nwoko in calling upon world leaders to join hands in eradicating malaria from the continent.

Adeniyi Ifetayo Moses’ exceptional contributions to the media industry and his relentless commitment to empowering others have rightfully earned him a place in Pleasure Magazine’s latest edition. His remarkable achievements are not only a testament to his talent and dedication but also an inspiration to aspiring media professionals around the world.

Pleasure Magazine’s Latest Edition Features PR Expert Adeniyi Ifetayo

Seunmanuel Faleye
Seunmanuel Faleye

Seunmanuel Faleye is a brand and communications strategist. He is a covert writer and an overt creative head. He publishes Apple’s Bite International Magazine.

Tags: Adeniyi Ifetayo

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  • Supreme Court Orders Final Forfeiture of Emefiele’s Assets to Federal Government
  • Tinubu Signs Executive Order To Regulate Virtual Assets, Digital Economy
  • Rufai Oseni Breaks Down on Live TV Over Nigeria’s Economic Decline
  • Tinubu Wanted Young Female Deputy Governor, Says Hamzat
  • Bode George Blames Excessive Land Reclamation for Lagos Flooding

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