Fraud , tax evasion fuel 51 % surge in financial crimes – NFIU

Tax crimes and fraud accounted for 51 per cent of the financial crime intelligence reports disseminated by the Nigerian Financial Intelligence Unit (NFIU) to law-enforcement and regulatory authorities in 2025, highlighting persistent vulnerabilities in the country’s financial system. The figures are contained in the NFIU’s 2025 Annual Report, which reviewed suspicious transactions, emerging criminal typologies and intelligence shared with domestic authorities for further investigation. Tax crimes involving direct and indirect taxes accounted for 30 per cent of intelligence reports disseminated across the top10 designated offences, making them the most prevalent category. Fraud followed with 21 per cent, bringin