Argentine Police Arrest Nigerian Fugitive Wanted by INTERPOL in Landmark Cybercrime Case

Argentine authorities have arrested a Nigerian national, Ikechukwu N., marking the country’s first-ever capture of a fugitive listed on both INTERPOL’s Red and Silver Notices. The suspect is accused of masterminding a series of large-scale romance scams that defrauded thousands of women across multiple countries, as well as leading an international cybercrime network. The arrest was made under Operation Jackal, an INTERPOL-coordinated initiative targeting West African organized crime syndicates. The operation was conducted jointly by Argentina’s Federal Police (@PFAOficial) and Airport Security Police (@seguridadpsa), with crucial support from INTERPOL’s Financial Crime and Anti-Corruption Centre (IFCACC), FIS, and INTERPOL Brazil. The INTERPOL Silver Notice, introduced in January 2025 as a pilot project, is designed to help member countries trace, freeze, and recover criminal assets linked to transnational crime. This milestone arrest underscores Argentina’s growing role in global efforts to combat cyber-enabled financial crimes and strengthen international cooperation against organized criminal networks.

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Tinubu Signs Landmark Insurance Industry Reform Bill into Law

Tinubu Signs Landmark Insurance Industry Reform Bill into Law

President Bola Ahmed Tinubu has signed the Nigerian Insurance Industry Reform Bill, 2025 into law — a sweeping legislation aimed at modernising Nigeria’s insurance sector, boosting financial stability, and supporting the country’s goal of becoming a $1 trillion economy. The Nigerian Insurance Industry Reform Act (NIIRA) 2025 repeals and consolidates multiple outdated insurance laws into a single, modern framework for regulating all insurance and reinsurance operations in the country. Under the Renewed Hope Agenda for the Insurance Sector, the new Act introduces: The law mandates the National Insurance Commission (NAICOM) to enforce its provisions and drive reforms that will improve insurance penetration nationwide. According to the Presidency, the NIIRA 2025 will attract new investments, enhance transparency, spur innovation, and position Nigeria as a leading insurance hub in Africa.

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