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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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    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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Revealed: 3years after ceremonial wedding, GatekeeperNews reports Queen Naomi Silekunola Quits As Olori of Ooni

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December 23, 2021
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Queen Silekunola Naomi has quit her role as the Queen of Ile-Ife and the wife of the Ooni of Ife, revealed she’s no longer the wife of the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi Ojaja II, Gatekeepers News can authoritatively confirm.

Queen Naomi, an Evangelist married the traditional ruler in October 2018 and they had a child, Prince Tadenikawo Ogunwusi together in November 2020.

The mother of one appreciated her son and described him as a sign of God’s knowledge of her situation, as she appealed to aggrieved persons to allow peace to reign, and respect their son.

“I bless the Lord almighty for His faithfulness in the last 3years of my marriage. In life’s journey, it isn’t how far. Still, how well, indeed though satan should buffet if trials should come, I have this blessed assurance controlling all situations and saying to me it is well with my soul. Certainly, it is well. I made my journey into the ancient throne of Ife with faith in my heart and love for the keeper of it,” she told Gatekeepers News.

Queen Naomi said contrary to reports that the Ooni of Ife is married to another queen, she was his only wife. She further revealed that their marriage in 2018 was not arranged as some people have painted it to be.

“Few impressions I would love to correct. If anyone knows otherwise, they are free to come up with facts. Let it be known that this decision to move on did not come because his majesty is married to another queen. As many would love to assume, throughout our life as a couple, I was the only married wife to him. There were side attractions, but it was never an issue.

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“I never approached him with any revelation of any sort, as many believed he contacted me first and made his proposal known several months later.

“The marriage was not an arranged one, as many have misconstrued. I never knew the prophetess said to have introduced me to him. Instead, he introduced her to me after I agreed to marry him. I was only being polite out of respect for him. I have never been pregnant all my life before Tadenikawo; my son is my first ever pregnancy with medical reports to back it up. The girl who is said to be my daughter is my niece,” she said.

She said she tried hard to make the marriage work but soon realised she has only one assignment – God and her son.

“I did my best to endure and make it work; many times, I smiled through the struggle, but I have finally realised I had just one assignment, my son, and when God is done, He is done. He chose Saul to be king, and when He was done, He told the prophet Samuel I have moved on. Religion was never an issue between us; please refer to my interview on News Central TV. Instead, His Majesty has a picture he would love the world to see and perceive him as and another one which is his true self.”

Queen Naomi announced she’s no longer the Ooni’s wife or the Queen of Ile-Ife and will like to be known as the “Queen of the People”.

“Today I announce the beginning of a new dawn and the close of a chapter. Today, I am a mother to God’s unique gift.

“I am no longer a slave to my thoughts of perfection. I, at this moment, announce that I shall no longer be referred to as wife to the Ooni of Ife or as Queen of Ile-Ife but as the Queen of the people and mother of my adorable Prince.”

She thanked her loved ones and prayer partners and further revealed she’s moving to a new chapter of her life.

Referring to her son, Prince Tadenikawo, Queen Naomi said: “He is God’s way of saying I know about it all. In situations like this, there will be aggrieved persons. I, at this moment, appeal to all parties involved to allow the peace of God with the consciousness that there is a lovely little boy between us. I thank all of my prayer partners and loved ones.

“I remain committed to all of my projects, charity work and ministry. In this new season, I shall be focusing on God only.”

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