Nigerian police have seized criminal assets valued at more than ₦2 billion and arrested fugitives as part of a global crackdown, according to PM News. The National Central Bureau also facilitated investigations into over 43 financial crime cases and received at least 15 cybercrime referrals from INTERPOL partner bureaus worldwide, highlighting expanded international cooperation against financial and cybercrime networks.

The Nigeria Police Force has refuted claims that its operatives permitted armed bandits to pass through a checkpoint without challenge, stating that the individuals in the viral video are vigilantes, not bandits. The police emphasized the importance of accurate reporting regarding security matters.

According to Daily Trust, Nigeria is facing a critical juncture regarding the establishment of state police, as the Tinubu administration intensifies its efforts to decentralize policing across the federation. Advocates argue for the benefits of state police, but concerns about the implications of such a move are also being raised, suggesting that the nation may not yet be ready for this change.

MTN Nigeria has highlighted the ongoing issue of SIM-swap fraud in Nigeria's digital economy, despite various efforts to tackle the problem through discussions and conferences. The telecom company claims to have a lasting solution and is advocating for banks to contribute to the costs of telecom-powered security checks to combat this fraud.

The article discusses the arguments supporting the establishment of state police in Nigeria, addressing the misconceptions held by skeptics and highlighting the necessity for a decentralized police system. It emphasizes the potential benefits of such a structure in improving law enforcement and addressing local issues more effectively.

TechCabal's daily newsletter covers several African tech and business developments, led by an investigation by Nigeria's antitrust watchdog into Uber's exit from the market. The edition also reports that South African regulator ICASA is reviewing the impact of digital platforms, the Financial Sector Conduct Authority has fined executives at Altvest, and solar company Sun King has introduced smartphone financing for customers. These stories span competition policy, digital regulation, financial enforcement, and consumer fintech across African markets.