Washington, D.C., United States | September 19, 2025 A Nigerian man has been accused by United States authorities of hacking into the computer systems of an American university and stealing $235,000 through a sophisticated cyber fraud scheme. According to U.S. Department of Justice officials, the suspect allegedly gained unauthorized access to the university’s payment platforms,
Abuja, Nigeria – September 11, 2025 The immediate past Group Managing Director of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has reported to the Economic and Financial Crimes Commission (EFCC) headquarters in Abuja following an invitation linked to ongoing investigations into alleged financial misconduct.Kyari, who left office in July 2025, is being questioned
Enugu, Nigeria | September 6, 2025The Enugu State Government has accused the Chief Executive Officer of Sujimoto Construction, Sijibomi Ogundele, of allegedly mismanaging ₦5.7 billion allocated for the state’s Smart Schools Project. In a statement, the government said the funds were released to Sujimoto Construction for the development of modern, technology-driven smart schools across the
Lagos, August 28, 2025 — Financial technology expert, Obioha Oti, has stressed that integrating GPS technology into Point-of-Sale (PoS) machines will significantly reduce fraudulent activities in Nigeria’s fast-growing digital payment ecosystem. Speaking on Thursday, Oti explained that GPS-enabled PoS would allow regulators, banks, and operators to track the exact location of each transaction in real-time,
Lagos, Nigeria – August 13, 2025 The Lagos State Special Offences and Domestic Violence Court, Ikeja, on Tuesday, struck out a ₦60 billion fraud case against former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, following the Federal Government’s withdrawal of charges. Presiding Judge Justice Rahman Oshodi made the ruling after
ABUJA, August 6, 2025 — A Nigerian national has been extradited to the United States to face charges in connection with a sophisticated cybercrime ring that defrauded individuals and businesses of millions of dollars through hacking, identity theft, and wire fraud. The suspect, identified as 35-year-old Chinedu Obiora, was handed over to U.S. authorities in
July 22, 2025 The trial of former Kwara State Governor, Alhaji Abdulfatah Ahmed, continued on Monday over allegations of financial misappropriation amounting to N5.78 billion. The Economic and Financial Crimes Commission (EFCC) is prosecuting Ahmed alongside his former Commissioner for Finance, Alhaji Ademola Banu. Both are accused of conspiracy, criminal breach of trust, and illegal
Abuja, July 18, 2025 —The Abuja Federal High Court has ordered the arrest and production of a surety who stood for a British national accused in the $9.6 billion Process and Industrial Developments (P&ID) fraud case but failed to ensure the defendant’s court appearance. The surety, identified as an Abuja-based businessman, was apprehended and brought
Abuja, July 18, 2025 —A bureau de change operator, testifying before a Federal High Court in Abuja on Thursday, detailed how top executives of SunTrust Bank allegedly coordinated the movement of $12 million in cash to finance a controversial oil transaction. The witness, whose identity was protected for security reasons, narrated how the transactions were
A Federal High Court sitting in Lagos has granted the final forfeiture of ₦335 million, Galaxy Hospital, five petrol stations, and multiple landed properties linked to an alleged fraud case under investigation by the Economic and Financial Crimes Commission (EFCC). The judgment, delivered in July 2025, followed the commission’s application after an earlier interim forfeiture
