The Ilorin zonal command of the Economic and Financial Crimes Commission (EFCC) has arrested an herbalist and 48 suspected internet fraudsters for offences bordering on conspiracy and obtaining under false pretence in Lokoja, Kogi State. In a statement on Thursday, the anti-graft agency said: “They were arrested upon credible intelligence on Tuesday, March 5, 2024 at various locations in Lokoja. “The …

The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede has revealed the commission’s plans to investigate more than 3,000 financial crime cases. He explained that the 3,000 cases approved for investigation were part of the over 5,000 petitions received by the agency from different groups and Nigerians. Olukoyede said this at the 20th-anniversary lecture of the …

The Economic and Financial Crimes Commission (EFCC) has asked the Presidency, the Federal Judicial Commission, and other Ministries, Departments, and Agencies (MDAs), to submit their anti-corruption strategies, as part of the agency’s efforts to stop the abuse of contracts. All the MDAs have until 1 March to submit their strategies to the anti-graft agency. The directive was contained in separate …

Operatives of the Kano zonal command of the Economic and Financial Crimes Commission (EFCC) have arrested 11 suspected currency racketeers for allegedly selling new naira notes. According to a statement on Saturday by the agency’s Head of Media and Publicity, Mr. Dele Oyewale, the suspects were arrested last Monday, following intelligence that unmasked a syndicate of fraudsters operating in Kano. …

The Economic and Financial Crimes Commission (EFCC) has refuted claims of shooting students during an operation at Kwara State University hostels. In a statement by Head of Media and Publicity, Mr. Dele Oyewale shared on EFCC’s official account, the commission stated that there was no shooting of any student. The EFCC said the story of the shooting as reported by …

Operatives of the Ilorin zonal command of the Economic and Financial Crimes Commission (EFCC), on Wednesday, arrested 48 students of the Kwara State University (KWASU), and two residents of Malete in Moro Local Government Area over offences bordering on Internet fraud (popularly referred to as ‘yahoo-yahoo’. A statement in Ilorin, the Kwara State capital, on Thursday by the agency’s Head …

The Economic and Financial Crimes Commission  (EFCC) will arraign the immediate-past governor of  Kwara State, Abdulfattah Ahmed, for alleged N10 billion fraud on Friday, according to The PUNCH. Credible sources in the anti-graft agency said the ex-governor would be dragged before the Federal High Court in Ilorin, the Kwara State capital. “He is going to be arraigned on Friday at …

Operatives of the Ilorin Zonal Command of the Economic and Financial Crimes Commission (EFCC), have arrested two Chinese: Yang Chao, 39, and Xiao Jiang 38 for suspected illegal mining activities. According to the statement made available to journalists in Ilorin on Sunday by the Head of Media and Publicity of EFCC, the suspects were arrested alongside Chidi Joseph Osuji, 48, …

The Economic and Financial Crimes Commission (EFCC) has established a task force to tackle illegal forex trading and naira abuse. The commission is combating illegal forex trading against the backdrop of the continued depreciation of the naira against the US dollar. According to data from the financial market infrastructure group warehousing, also known as FMDQ, the naira depreciated to N1,537.96 …

Justice Ismail Ijelu of an Ikeja Special Offences Court on Wednesday sentenced an 18-year-old Secondary School Certificate (SSCE) holder, Henry Bilabi to a two-year imprisonment for impersonating on Tiktok to defraud unsuspecting citizens of $500. The convict was however given an option of N1 million fine which must be paid within 30 days. Justice Ijelu sentenced Bilabi following his plea …