The Jurisprudence of Non-Conviction Based Asset Forfeiture (Civil Forfeiture) in Nigeria: Constitutionality of the New Knight-Errant Innovated Under the UNCAC

The Jurisprudence of Non-Conviction Based Asset Forfeiture (Civil Forfeiture) in Nigeria: Constitutionality of the New Knight-Errant Innovated Under the UNCAC

Research shows that between 1980 and 2018, African countries received close to $2 trillion in foreign direct investments and development assistance but recorded over half of that sum, about $1.3 trillion, in illicit financial flows (outflow). Nigeria, South Africa, Democratic Republic of Congo and Ethiopia collectively accounted for more than 50% of illicit outflows from […]

Interim Remedies As Tools To Enhance Debt Recoveries In Nigeria

Interim Remedies As Tools To Enhance Debt Recoveries In Nigeria

Introduction “The Board and Management of the bank have not been able to improve the bank’s financial performance, a situation which constitutes a threat to financial stability…”. Nigeria woke up to the above statement of the Apex Bank on 3rd June 2024 when the operating license of the defunct Heritage Bank Plc was revoked. Reports […]