Investigation

According to the EFCC chairman, Bello allegedly transferred money directly from the Kogi State Government’s account to a bureau de change and used the funds to pay $720,000 as advance school fees for his child. The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has accused the …

Justice Maryam Aliyu Hassan of the High Court of the Federal Capital Territory (FCT), sitting at Gwarimpa in Abuja has ordered that the former Minister of Labour and Employment, Dr Chris Nwabueze Ngige be kept at Kuje Correctional Centre till December 18, when his bail application would be decided one …

Adewoye was arraigned on two-count charge before Justice Mojisola Dada by the Lagos Zonal Directorate of the Economic and Financial Crimes Commission (EFCC), alongside his companies, Sunlek Investments Limited and Sunsteel Industries Limited. The Managing Director and Chief Executive Officer of Sunsteel Industries Limited, Olalekan Adewoye, has been arraigned at …

A federal High Court sitting in Lagos has ordered interim forfeiture of 73 properties, including 1,596 laptop computers recovered from 792 Chinese involved in cyber-terrorism and internet fraud arrested on December 10, 2024 in Lagos during a surprise operation tagged “Eagle Flush Operation” by operatives of the Economic and Financial …

An Abuja High Court has adjourned the alleged procurement fraud ongoing trial of the embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele to June 3, 2025.Nigerian cultural tourism packages Court Adjourns Central Bank Ex-Governor Godwin Emefiele’s Procurement Fraud Trial To June 3 An Abuja High Court …

A Federal High Court in Abuja has rescheduled the trial of Olugbenga Obadina, Chief Executive Officer of Almond Projects Limited, for alleged N2.17 billion fraud, until May 12. Olugbenga Obadina was alleged to have received the money from retired Col. Sambo Dasuki, former National Security Adviser (NSA) during the President …

Moniepoint Microfinance Bank is currently battling to recover a N1.1 billion allegedly stolen by fraudsters from the bank. The hacker, Sunday Ozimede, was said to have invaded the vault of Moniepoint and defrauded the lender of a sum of N1,190, 728, 076 billion. The hacker who has been arrested by …

These are not the best of times for Eroton Exploration And Production Company Limited as a firm, GIL Automations Limited, has begin the process for the winding up of the oil firm over an alleged debt. GIL Automations Limited, on Friday, published a petition seeking the winding up of Eroton. …

Bosun Tijani, minister of communications, innovation, and digital economy, says the federal government is thoroughly investigating the alleged breaches in its national data system. Speaking via his X handle on Wednesday, Tijani said the National Identity Management Commission (NIMC) and National Data Protection Commission (NDPC) are conducting the probe. The …

The Economic and Financial Crimes Commission, EFCC, on Wednesday, arrested Dennis Baba Wdony, Wycliffe Midala and Samuel Kayode Melaye for allegedly parading themselves as military officers. They allegedly used the office of the Chief of Defence Staff to defraud unsuspecting members of the public through fake contract awards. According to …