financial crimes
2 Dec
The Nigeria Financial Intelligence Unit (NFIU) has called for a Public-Private Partnership (PPP) to curb networks facilitating the smuggling of weapons, drugs, and other illegal goods into the country. Chief Executive Officer Hafsat Abubakar Bakari made the appeal in Lagos during a dialogue organised by the NFIU and the London Stock Exchange Group, which focused…
9 Sep
The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, has urged members of the judiciary nationwide to ensure speedy dispensation of justice in financial crime and corruption cases. READ ALSO:NFIU enlists foreign partners against financial crimes Fagbemi made the call on Monday in Abuja at a one-day roundtable on…
18 Apr 2024
Stakeholders in the anti-corruption sector have declared that Nigeria's fight against financial crimes might be taking a significant leap in the right direction with the implementation of beneficial ownership information.
1 Apr 2024
Alex Murdaugh, the South Carolina lawyer convicted in a high-profile trial last year of murdering his wife and son, was sentenced to 40 years in prison on Monday for financial crimes.
25 Mar 2024
One of the two executives of Binance detained by the Nigerian government has escaped custody, according to a report. Nigerian authorities detained two senior officials of Binance – the world’s largest cryptocurrency exchange – in late February when they arrived the West African country to dialogue with government officials over the clampdown on the cryptocurrency…
25 Mar 2024
Joint efforts are ongoing by the Nigeria Deposit Insurance Corporation (NDIC) and the Economic and Financial Crimes Commission (EFCC) to curb financial crimes in the banking sector of the economy.
5 Mar 2024
Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukayode, has explained how banks in Nigeria carryout fraudulent acts.
3 Mar 2024
Youths under the aegis of Arewa Consultative Youth Movement have called on the Chairman of the Economic and Financial Crimes Commission, Olanipekun Olukoyede, to cease the persecution of the family of Eric Odoh or resign as head of Nigeria’s anti-graft agency. The call was contained in a statement issued by the President and Publicity Secretary…
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2 mins ago
33 former members of staff of the Central Bank of Nigeria (CBN), who were dismissed in a mass layoff last year, have dragged the apex bank to court, alleging rights violations. The workers alleged that the CBN violated internal policies, Nigerian labour laws, and their contractual rights. The claimants, represented by Stephen Gana and 32…
3 mins ago
In the wake of a devastating gas explosion in the Oroazi axis of Obio/Akpor Local Government Area, Rivers State, the LGA chairman, Chijioke
8 mins ago
The Nigerian Correctional Service (NCoS) has described as false the claim that an awaiting trial person, Ayomide Adeleye, has been released and no more in prison. In a statement on Monday, the NCoS Public Relations Officer, Deputy Controller of Corrections, Umar Abubakar, said the 23-year-old with with Custody Number: S-1995/24 is currently in the Maximum…
13 mins ago
Governor of Ondo State, Lucky Aiyedatiwa, has imposed a dawn-to-dusk curfew in Owo, headquarters of the Owo Local Council Area of Ondo,
17 mins ago
The Richard Ozobu-led Ohanaeze Ndigbo 2025 Election Committee, on Monday, announced Dr Jackson Omenazu from Rivers State as the President General, alongside other members of the National Executive Council (NEC) of the apex Igbo socio-cultural organisation. In a statement signed by Ozobu and the Committee Secretary, Prof. Chibuikeya Achokawa, it was revealed that the new…
22 mins ago
The Indigenous Igbo in Rivers State (IIC) has threatened to boycott the apex Igbo Socio-Cultural Organisation's election, scheduled for January 10, if their demand to allow only recognised and registered Igbo members to contest the prestigious Ohaneze Ndigbo presidency position is not considered. The group also warned that it will be difficult to unite the…
25 mins ago
The House of Representatives will begin formal discussions with Ministers and Permanent Secretaries of all Ministries, Departments, and Agencies (MDAs) on Tuesday, aiming to expedite the N49.7 trillion budget proposal for the 2025 fiscal year. Abubakar Bichi, Chairman of the House Committee on Appropriation, made the announcement on Monday following a meeting with statutory committee…
59 mins ago
Malawi police on Monday arrested the country's ex-finance minister Joseph Mwanamveka and four other former government officials for allegedly
1 hour ago
Feeling the economic hardship faced by Nigerians, especially due to the removal of the fuel subsidy, religious leaders have urged President Bola Tinubu to immediately seek an alternative way of improving the economic well-being of the citizens. They argue that Tinubu must seek ways to improve the economy of the people, following the continuous crises…
1 hour ago
Veteran Nollywood actor and President of St. Finbarrs Old Boys Association, Patric Doyle, has stated that Afrobeats star, David Adeleke, known