NDIC, EFCC Strengthen Partnership to Recover Bank Assets
By Oluwakemi Kindness The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its commitment to working with the Economic and Financial Crimes Commission (EFCC) to recover assets and debts from failed banks and prosecute individuals responsible for bank failures. NDIC Managing Director, Thompson Sunday, made this known during a courtesy visit by NDIC management to EFCC […]
Court Remands Ex-Labour Minister Chris Ngige in Kuje Prison Over N2.2bn Corruption Case
By Chinedu Echianu A Federal Capital Territory (FCT) High Court in Abuja has ordered the remand of former Minister of Labour and Productivity, Chris Ngige, at the Kuje Correctional Centre pending the hearing of his bail application. Justice Mariam Hassan issued the order on Friday after the Economic and Financial Crimes Commission (EFCC) arraigned the […]
EFCC Declares Former Petroleum Minister Timipre Sylva Wanted
By Chinedu Echianu The Economic and Financial Crimes Commission (EFCC) has declared former Minister of State for Petroleum Resources and ex-Governor of Bayelsa State, Timipre Sylva, wanted over an alleged conspiracy and dishonest conversion of $14,859,257. In a public notice released on Monday, EFCC spokesperson Dele Oyewale said the funds were part of an investment […]
HURIWA Demands Probe of LGA Funds Amid Imo Killings
By Chinedu Echianu The Human Rights Writers Association of Nigeria (HURIWA) has accused the Imo State Government and local authorities in Ideato North Local Government Area (LGA) of abandoning families affected by the recent mass killing in Arondizuogu and Umualoma, describing the official response as “shocking and cruel.” In a statement signed by its National […]
SEC Warns: Digital Assets Fraud Threatens Market Integrity in Nigeria
By Oluwakemi Kindness The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has expressed concern over the growing threat of digital assets fraud, warning that it poses a significant challenge to market integrity and undermines investor confidence. Speaking in Abuja at an event to mark African Union Anti-Corruption Day, themed “Understanding […]
Customs Seizes ₦653.9m Undeclared Cash at Kano Airport
By Oluwakemi Kindness In a major crackdown on illicit financial flows, the Nigeria Customs Service (NCS), Kano/Jigawa Area Command, has intercepted over ₦653.9 million worth of undeclared foreign currency at the Mallam Aminu Kano International Airport (MAKIA). The bust, made during a clearance operation on Monday, 8 July 2025, led to the arrest of three […]
RCMP Lauds Nigeria Customs for Boosting Border Security in West Africa
By Oluwakemi Kindness The Nigeria Customs Service (NCS) has been lauded for its unwavering commitment to safeguarding borders and disrupting transnational organised crime through strategic partnerships and intelligence-driven operations. This is according to the Royal Canadian Mounted Police (RCMP) International Special Services. The recognition follows the recent recovery of 12 luxury vehicles by the RCMP […]