EFCC Arrests Abuja Businessman Over Alleged $120m Fraud
By Mardiyyah Abubakar The Economic and Financial Crimes Commission (EFCC) has arrested a 57-year-old Abuja-based businessman over allegations of defrauding a Ukrainian investor of more than $120 million. EFCC spokesperson Dele Oyewale confirmed the arrest, saying operatives apprehended the suspect in Abuja on October 19, 2026. The businessman remains in the commission’s custody. The suspect […]
El-Rufai in Fresh Trouble Over Corruption Allegations
By Sofiat Adenekan-Abdul The alleged corruption trial of former Kaduna State Governor Nasir El-Rufai resumed on Wednesday at the Federal High Court in Kaduna, a day after an eight-hour hearing at the state high court. On Tuesday, a forensic investigator with the State Security Service, Segun Kayode, alleged that El-Rufai and some associates planned to […]
EFCC Asks Sylva to Appear Over Alleged $14.86m Fraud
By Julian Osamoto The Economic and Financial Crimes Commission (EFCC) has asked former Bayelsa State Governor Timipre Sylva to appear for questioning over an alleged $14.86m fraud case. EFCC spokesman Dele Oyewale said on Monday, that Sylva should make himself available to the commission after it declared him wanted in connection with the investigation. “He has […]
NLC, EFCC Seek Stronger Partnership to Fight Illicit Financial Flow
By Chinedu Echianu The Nigeria Labour Congress (NLC) and the Economic and Financial Crimes Commission (EFCC) have agreed on the need to strengthen collaboration in the fight against corruption, illicit financial flows and kleptocracy in Nigeria. The agreement was reached when a coalition of the NLC on whistleblower protection, civic space and anti-kleptocracy accountability in […]
EFCC Recovers N115bn in Outstanding NDDC Levies
By Anayo Akwitti The Economic and Financial Crimes Commission (EFCC) has recovered over N115 billion in outstanding statutory levies owed to the Niger Delta Development Commission (NDDC) by oil companies between 2021 and 2023. The commission disclosed this on Wednesday while appearing before the Senate Committee on Public Accounts, which is investigating findings from the […]
Accord Demands EFCC Chair Resignation Over Osun Freeze
By Oluwakemi Kindness The Accord Party has called for the immediate resignation of the Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, over the freezing of the Osun State Government’s bank accounts. The party also praised President Bola Tinubu for directing the anti-graft agency to unfreeze the accounts, describing the intervention as […]
Reps Minority Criticizes Tinubu Over Osun EFCC Action
By Oluwakemi Kindness The House of Representatives Minority Caucus has criticized President Bola Tinubu over his directive to the Economic and Financial Crimes Commission (EFCC) to unfreeze the Osun State Government’s bank accounts. The caucus described the President’s intervention as a “panicky, belated afterthought” prompted by public outrage rather than respect for the rule of […]
Tinubu orders EFCC to unfreeze Osun accounts
By Chinedu Echianu President Bola Tinubu has directed the Economic and Financial Crimes Commission (EFCC) to immediately return to court and vacate the order freezing the bank accounts of the Osun State Government. In a statement issued by the State House on Thursday, the President says that while he supports the EFCC’s independence and anti-corruption […]
Osun Denies ₦11bn Looting Allegation, Accuses EFCC of Bias
By Zainab Bakare The Osun State Government has denied allegations that ₦11 billion was looted from its accounts, accusing the Economic and Financial Crimes Commission (EFCC) of pursuing a politically motivated investigation. In a statement by the Commissioner for Information and Public Enlightenment, Kolapo Alimi, the government claimed the EFCC froze the state’s accounts […]
Osun Election: TICC Accuses EFCC of Power Abuse
By Oluwakemi Kindness The Imole Campaign Council (TICC) has accused the Economic and Financial Crimes Commission (EFCC) of abusing its powers by freezing the Osun State Government account ahead of the state’s governorship election. The council described the action as an attempt to interfere with the election and put economic pressure on the people of […]