Barely two weeks after declaring his intention to contest the 2027 governorship election in Kebbi State, former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, will appear before the Economic and Financial Crimes Commission (EFCC) for questioning. Malami confirmed the development on his Facebook page on Friday. He stated that the anti-graft agency …
The Economic and Financial Crimes Commission (EFCC) has officially declared Timipre Sylva, former Governor of Bayelsa State and Minister of State for Petroleum Resources, wanted over an alleged $14,859,257 fraud involving the Nigerian Content Development and Monitoring Board (NCDMB). This was made known on the commission’s Facebook official Page on Monday evening. The EFCC notice, …
An Economic and Financial Crimes Commission (EFCC) witness, Mshelia Arhyel Bata, on Monday told the Federal High Court in Abuja that no banking law was violated in the withdrawals made by the Kogi State Government during the administration of former Governor Yahaya Bello. Bata, a compliance officer who testified as the fourth prosecution witness (PW-4), …
The Lagos State Special Offences Court sitting in Ikeja has dismissed a no-case submission filed by social media personality Ismaila Mustapha, popularly known as Mompha, in his ongoing ₦5.9 billion money laundering trial. Justice Mojisola Dada ruled that the Economic and Financial Crimes Commission (EFCC) had successfully established a prima facie case against Mompha and …
The Securities and Exchange Commission (SEC) has disclosed that Nigerians have lost an estimated N300.2 billion to Ponzi and illegal investment schemes in recent years, sparking intensified enforcement and heightened investor-protection efforts. AbdulRasheed Dan-Abu, Head of Fintech and Innovation at the SEC, revealed the figure during the Commission’s 2025 Journalists Academy in Abuja on Thursday. …
Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has disclosed that under his leadership, the Commission has made unprecedented progress in the fight against economic and financial crimes in the last two years by recovering over N566 billion alongside other foreign currencies and assets. He made this disclosure in Abuja on Thursday, …
The Economic and Financial Crimes Commission (EFCC), in collaboration with the Nigerian Immigration Service (NIS) and the Nigerian Correctional Service (NCoS), has completed the deportation of 192 foreign nationals convicted of cybercrime, internet fraud, and related financial offenses in Lagos State. The operation, which began on August 15, 2025, concluded on October 16 with the …
Ola Olukoyede, Executive Chairman of the Economic and Financial Crimes Commission (EFCC), has urged media professionals across Nigeria to intensify efforts to expose corruption, fraud, and misuse of public office. In his keynote delivered in Warri during the 12th Annual Conference of the Association of Communication Scholars and Professionals of Nigeria (ACSPN), with the theme …
In a bold move aimed at reforming Nigeria's mining sector, the Nigerian Mining Cadastre Office (MCO) has revoked over 4,700 mining licences that were hoarded by speculators and inactive holders. This action, taken in the past year, seeks to create a transparent, competitive, and investor-friendly environment that can attract serious players and boost Nigeria’s position …
The Federal Capital Territory (FCT) Police Command has raised fresh concerns over the rising cases of land grabbing in Abuja, warning that the menace is scaring investors, draining public trust, and worsening the city’s investment climate. Commissioner of Police, FCT Command, CP Ajao Saka Adewale, sounded the alarm while speaking at the official launch of …
