In the bid towards reducing financial crimes and fraudulent transactions in the real estate and mortgage sectors, the Institute of Mortgage Brokers and Lenders in Nigeria (IMBLN) has signed a Memorandum of Understanding (MoU) with the Economic and Financial Crimes Commission (EFCC). The official signing of MoU held at the EFCC headquarters is in line with the Institute’s establishment Act …

The Economic and Financial Crimes Commission on Friday returned a total sum of $132,362.43 and N78,566,324.81 to victims of fraud from the United States, Spain, and Switzerland. Other assets, including vehicles and real estate documents, were also handed over to representatives of these countries in Nigeria for restitution to those affected by fraudulent activities. Speaking at the EFCC’s corporate headquarters …

The Economic and Financial Crimes Commission (EFCC) yesterday arraigned 20 foreign nationals before Justice Musa Kakaki of the Federal High Court in Lagos for alleged cybercrime and attempt to destabilise Nigeria’s social and economic structures. The defendants include 15 Filipinos, one Indonesian, and four Chinese nationals. Some of the foreigners are: Kayceelyn Remorin, Jonylyn Agulto, Donny Hermanto, Guo Bin, Darwa …

The Economic and Financial Crimes Commission (EFCC) on Tuesday outlined Nigeria’s significant progress in the fight against corruption over the past year, despite global perceptions to the contrary. EFCC Chairman, Mr. Ola Olukoyede, shared insights into the country’s strengthened anti-corruption efforts, citing the financial autonomy granted to Local Government Areas through a Supreme Court ruling as a key example. Olukoyede …

The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has defended the commission’s ongoing crackdown on internet fraudsters, popularly known as Yahoo Yahoo boys, despite criticisms from some quarters. Speaking on Thursday while receiving the management of The PUNCH at the EFCC’s corporate headquarters in Abuja, Olukoyede stated that the country lost over $500 million in …

The Lagos zonal directorate of the Economic and Financial Crimes Commission (EFCC), on Wednesday, arraigned one Precious Uzondu, on a two-count charge bordering on alleged refusal to accept the Naira notes as a legal tender. According to a statement on the commission’s X account on Tuesday, Uzondu refused to accept Naira notes, Nigeria’s official currency, as a means of payment. …

The Economic and Financial Crimes Commission (EFCC), on Tuesday, arraigned 11 Chinese nationals over allegations of cyber fraud, identity theft, and an attempt to destabilise Nigeria’s constitutional structure. The defendants were arraigned before the Federal High Court in Lagos. They pleaded not guilty to the charges. The development comes only a day after the anti-graft agency arraigned 42 Chinese and …

The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr.Ola Olukoyede has expressed surprise at the attitude of his fellow citizens who complain of corruption but support corrupt leaders in various ways when they are prosecuted. During a visit at the weekend in Abuja by officials of the Centre for Crisis Communication (CCC), led by Mr. Chris Olukolade, the …

The Economic and Financial Crimes Commission has tackled the protesting bidders alleging irregularities in the car auctioning recently held in different locations across the country. This development is coming on the heels of the conclusion of the exercise, which lasted between Monday, 20 January and Monday, 27 January, 2025. One of the auctioned vehicles. Upon conclusion, bidders shared screenshots on …

A yet-to-be-identified officer of the Economic and Financial Crimes Commission attached to the Lagos Division of the anti-graft agency has slumped and died. A video circulating online shows the officer who was not in uniform slumped and died in an undisclosed part of Lagos State on Sunday. The video shows the lifeless body of the officer being surrounded by sympathisers …