EFCC
3 Feb
The Economic and Financial Crimes Commission (EFCC) on Monday, February 3, 2025, arraigned a former Executive Secretary of the National Health Insurance Scheme (NHIS) Professor Usman Yusuf, before Justice Chinyere E. Nwecheonwu of the Federal Capital Territory High Court, Kuchiako Kuje. Usman was arraigned on a five-count charge bordering on embezzlement, conferring undue advantage,…
3 Feb
NGX Regulation Limited (NGX RegCo), the independent regulation subsidiary of Nigerian Exchange Group and the Economic and Financial Crimes Commission (EFCC) have called for an enhanced partnership that would pave the way for efficient market surveillance and help combat financial crimes in Nigeria's digitalised capital market.
2 Feb
Worried by the huge anti-corruption gap in the country, the Network Against Corruption and Trafficking Initiative (NACAT) has established a South-South anti-corruption office in Uyo, the Akwa Ibom State capital, to boost Nigeria's fight against financial crimes. In his opening remarks, the NACAT Initiative South-South Regional Director, Michael Ekpo, said he is filled with so…
1 Feb
The role of law enforcement agencies in maintaining public safety is undeniable, especially when it comes to swift and decisive action against suspected criminals. However, a troubling trend is emerging in Nigeria, where these agencies, like the Economic and Financial Crimes Commission (EFCC) and the Department of State Service (DSS) increasingly resort to aggressive tactics
31 Jan
Some suspected internet fraudsters, including 11 Chinese nationals and one Filipino, have been arraigned by the Economic and Financial Crimes Commission (EFCC) in Lagos. A company known as Genting International Co. Ltd was arraigned alongside the suspected internet fraudsters before Justice D.I. Dipeolu of the Federal High Court in Ikoyi, Lagos. Operatives of the anti-graft…
31 Jan
The Economic and Financial Crimes Commission (EFCC) has blamed the number of participants and unstable Internet service in parts of the country for the unsavoury experiences of some Nigerians, who participated in the recent public auction of forfeited vehicles.
31 Jan
A federal Capital Territory (FCT) High Court in Kuje has rejected the bail application of Usman Yusuf, a former Executive Secretary of the National Health Insurance Scheme (NHIS).
30 Jan
The Economic and Financial Crimes Commission (EFCC) has blamed the sheer number of participants in the exercise and unstable internet service
30 Jan
The Economic and Financial Crimes Commission (EFCC) has announced plans to review complaints from Nigerians who participated in the recently concluded public auction of forfeited vehicles conducted by accredited auctioneers on its behalf. EFCC spokesperson, Dele Oyewale, disclosed this in a statement on Thursday. Oyewale said the commission received reports of various challenges, including…
30 Jan
A Federal Capital Territory (FCT) High Court judge, Justice Chinyere E. Nwecheonwu, has deferred the arraignment of Umar Yusuf to February 3. Yusuf was the former Executive Secretary of the National Health Insurance Agency (NHIS). Appointed in 2016, Yusuf's tenure was riddled with controversies and several allegations. The Guardian earlier reported that the former NHIA…
30 Jan
Former executive secretary of the National Health Insurance Authority (NHIA), Usman Yusuf, will be arraigned by the Economic and Financial Crimes Commission (EFCC) today. Yusuf was by operatives of the EFCC at around 4:30 pm on Wednesday on charges of alleged N4 billion fraud, among other allegations. Since becoming the head of the NHIA in…
30 Jan
The Federal Capital Territory Internal Revenue Service (FCT-IRS) has sought collaboration with the Economic and Financial Crimes Commission (EFCC) to enhance tax compliance in the territory. The acting Executive Chairman of the Service, Mr. Michael Ango, solicited the partnership when he visited the Executive Chairman of the EFCC, Mr. Olanipekun Olukoyede, in Abuja on Wednesday.…
Latest
5 mins ago
The Academic Staff Union of Research Institutions (ASURI) and the National Association for Small Scale Industrialists (NASI) have rallied in strong support of a proposed amendment to the Raw Materials Research and Development Council (RMRDC) Act. The amendment, currently before the National Assembly, seeks to mandate a 30% value addition to all raw materials exported…
6 mins ago
Nigerian music star Damini Ogulu, popularly known as Burna Boy, took the spotlight, as he closed the Off-White runway at Paris Fashion Week 2025. The event, which started on March 3 and concludes on March 11, showcased various designers' Fall/Winter 2025-2026 collections. The Grammy-winning singer graced the runway on Thursday in an all-black leather ensemble,…
7 mins ago
Ikeja Electricity Distribution Company (IKEDC) has confirmed that its headquarters in Lagos was invaded by personnel from the Nigerian Air Force (NAF) on Thursday morning. Mr. Kingsley Okotie, Head of Corporate Communications for Ikeja Electric, told the News Agency of Nigeria (NAN) on Thursday in Lagos that the incident followed the disconnection of electricity to…
9 mins ago
Nigeria Sanctions Committee (NSC) said it has identified Simon Ekpa, an extremist group, Lakurawa, and 15 other individuals and entities as terrorist financiers. According to a report on the NSC website, after a meeting on 6th March 2025, the Chairman of NSC ordered all financial institutions and designated non-financial businesses and professions to immediately identify…
11 mins ago
The Federal Ministry of Aviation and Aerospace Development has refuted a report published by a national daily, which claimed that the government lost N120 billion due to illegal private jet charters. The report alleged that a ministerial task force had identified several companies and organizations involved in unauthorized charter operations. The entities reportedly mentioned included…
17 mins ago
Google on Thursday disclosed that since 2022, its Hustle Academy had provided critical support to over 15,000 African Small and Medium Businesses (SMBs) who had completed the bootcamp. Kristy Grant, Head of B2B Marketing, Sub-Saharan Africa at Google, who made this known in a statement, announced the opening of applications for the 2025 edition of…
19 mins ago
The Transmission Company of Nigeria (TCN) has said it is progressively expanding its transmission capacity from the national grid to steadily boost power installations to efficiently transmit bulk electricity in the country. According to TCN, its current evacuation capability stands at 8,500MW targeting the generation of 10,000MW in less than two years. TCN's Managing Director…
25 mins ago
The people of Ukawu community in Onicha Local Government Area of Ebonyi State on Thursday debunked a media report alleging that their traditional ruler, HRH Vincent Ajah (Ogenyi IV), forged his First School Leaving Certificate. Addressing journalists in Abakaliki, the spokesperson of the community and a member of the Eze-in-Council, High Chief John Elom Elom,…
26 mins ago
Over 300 members from the ruling All Progressives Congress (APC), Labour Party and Action Democratic Party (ADP) in Imo State have joined The Movement (TMO), a non-governmental organization founded by Dr. Chima Mathew Amadi. The party executives, mostly at the ward level, were drawn to TMO's commitment to grassroots development and humanitarian work. They praised…
30 mins ago
Justice Rahman Oshodi of Lagos Special Offences Court, Ikeja has granted bail to Jude Okoye the former manager of the hip-hop artists of the defunct music group P-square, in an alleged theft of $1 million US dollars 34, 537 pounds. The judge admitted him to bail of N50 million with two sureties in like sum…