Abuja, July 9, 2025 — The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has reaffirmed the Commission’s unwavering commitment to ensuring that the Nigeria Education Loan Fund (NELFUND) serves its intended purpose of empowering students, and not falling victim to corruption or misappropriation. Speaking on Tuesday in Abuja, Olukoyede
Mokwa, Niger State, July 9, 2025 — Operatives of the Kaduna Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have arrested nine individuals, including five Chinese nationals and four Nigerians, for engaging in illegal mining activities in Kaniyan Village, located in Mokwa Local Government Area of Niger State. The suspects were apprehended following
Abuja, July 9, 2025 — The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has called for mandatory integrity testing of public officers across all Ministries, Departments, and Agencies (MDAs) of the Federal Government as a strategic step to curbing corruption and strengthening fiscal governance. Olukoyede made this proposal on
The Economic and Financial Crimes Commission (EFCC) has arraigned the founder of the popular online gaming platform, Bigibet, Mr. Adepoju Abiodun, before a Federal High Court in Lagos over his alleged involvement in a massive ₦855 million fraud. The arraignment, which took place earlier this week, marks a significant step in the Commission’s ongoing clampdown
The Economic and Financial Crimes Commission (EFCC) has begun an official investigation into one Mr. Rajesh Kumar, an Indian national, who was apprehended at the Murtala Muhammed International Airport in Lagos with an undeclared sum of $29,000. The incident, which occurred on Monday, July 8, 2025, underscores the ongoing efforts by Nigerian authorities to clamp
The Economic and Financial Crimes Commission (EFCC) has formally arraigned two operators of the embattled Crypto Bridge Exchange (CBEX), Avwerosuo Otorudo and Chukwuebuka Ehirim, before the Federal High Court in Abuja over their alleged involvement in a staggering $1 billion cryptocurrency investment fraud. The accused appeared before Justice Mohammed Umar on Monday, facing a three-count
The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has expressed deep concern over the increasing involvement of Nigerian youths in internet-related crimes, describing the development as a major threat to the country’s economy and international reputation. Speaking through the Acting Zonal Director of the Commission in Benin, Assistant Commander I,
July 7, 2025 The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 1, on Monday, July 7, 2025, arraigned two individuals, Abel Egerton Sokari and Nkiruka Chukwuma, alongside a company, Zakah Global Investment Limited, before Justice Mojisola Dada of the Special Offences Court, Ikeja, Lagos. The defendants were brought before the court on a
Abuja, Nigeria – July 2025 — A Federal High Court sitting in Abuja has sentenced one Abdullahi Usman to five years in prison for currency counterfeiting, following his conviction on charges brought against him by the Economic and Financial Crimes Commission (EFCC). Usman was arraigned on a one-count charge bordering on the possession and distribution
Benin City, Nigeria – July 3, 2025 — The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has emphasized the need for stronger synergy and collaboration among Nigeria’s security agencies in the fight against corruption, insecurity, and related criminalities across the nation. Olukoyede made this call during a study tour
