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Verilumia

The Daily Verified Briefing

Markets

Court orders permanent forfeiture of Achimugu assets N9.9bn

Published 16 July 2026

A Federal High Court in Abuja has ordered the permanent forfeiture of billions of naira in assets linked to businesswoman Aisha Achimugu to the Nigerian government. The ruling, delivered by Justice Jude Onwugbuzie on Thursday, July 16, 2026, covers jewellery valued at N4.645 billion, 11 exotic vehicles worth N4.

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