efcc
BREAKING: EFCC Arrests Lagos Socialite E-Money Over Alleged Naira Abuse, Dollar Spraying
According to insider sources within the commission, E-Money is accused of spraying United States dollars during public events—an action said to contravene provisions of the Foreign Exchange Act.
Lagos, Nigeria – Operatives of the Economic and Financial Crimes Commission (EFCC) … Continue Reading
Make-up Artist Bags Six-Month Jail Term for Naira Abuse at Wedding
The EFCC, acting on actionable intelligence, apprehended Huseini for the offence shortly after the event. In its statement, the Commission confirmed that the act was carried out in defiance of repeated public warnings against naira abuse.
Kano, Nigeria – Federal … Continue Reading
EFCC Probes Man Caught With $578,000 at Lagos Airport
Following his arrest, the NCS handed Sunday over to the EFCC’s Lagos Zonal Directorate 2 on March 21, 2025. During the handover, NCS official Harrison stated that the suspect had violated the Money Laundering (Prohibition) Act 2011, which mandates travelers
… Continue Reading
EFCC Warns Nigerians Against 58 Illegal Ponzi Scheme Operators
The EFCC reaffirmed its commitment to closely monitoring financial activities to prevent fraudulent schemes from preying on unsuspecting Nigerians. It urged the public to conduct thorough research before investing and to verify the legitimacy of financial institutions with appropriate regulatory
… Continue Reading
Court Orders Final Forfeiture of $1.4m Tied to Emefiele
An affidavit sworn by EFCC investigator David Jayeoba detailed how intelligence reports led to the discovery of the concealed funds. The probe allegedly revealed a scheme in which Emefiele, alongside Donatone Limited directors Uzeobo Anthony and Adebanjo Olurotimi, laundered and
… Continue Reading
I rejected N500m gifts during My mother’s burial – EFCC chairman
EFCC Chairman Discloses Rejection of N500 Million in Gifts During Mother’s Funeral
In a recent address at the 38th Anti-Corruption Situation Room held in Abuja, Olanipekun Olukoyede, the Chairman of the Economic and Financial Crimes Commission (EFCC), revealed that … Continue Reading
EFCC Arraigns 14 Filipinos for Fraud and Cyber-Terrorism
EFCC Charges 14 Filipinos and Company with Cyber-Terrorism and Internet Fraud in Lagos
The Economic and Financial Crimes Commission (EFCC) has taken legal action against 14 Filipinos and the company Genting International Co. Ltd, presenting the case before Justice Musa … Continue Reading
EFCC arraigns man for Rejecting Naira as legal tender
EFCC Arraigns Precious Uzondu for Allegedly Rejecting Naira as Legal Tender
The Economic and Financial Crimes Commission (EFCC) in Lagos has brought charges against Precious Uzondu for allegedly refusing to accept the Nigerian Naira as legal tender. This … Continue Reading
EFCC Promotes 900 Officers, Reintroduces Life Insurance for Operatives
Abuja, Nigeria – The Economic and Financial Crimes Commission (EFCC) has promoted 900 personnel, some of whom had been awaiting elevation for six to seven years. This announcement was made by the EFCC Chairman, Ola Olukoyede, during the 2024 Rewards … Continue Reading
