Abuja, June 11, 2025 – A Federal High Court sitting in Abuja has ordered Professor Dibu Ojerinde, a former Registrar of the Joint Admissions and Matriculation Board (JAMB), to open his defence in the ongoing trial over an alleged ₦5.2 billion fraud. Justice Inyang Ekwo issued the ruling after dismissing a no-case submission filed by
A Federal High Court sitting in Lagos has sentenced nine Chinese nationals to varying jail terms after finding them guilty of cyber-terrorism, internet fraud, and related offences. The convicts were arraigned by the Economic and Financial Crimes Commission (EFCC) following months of investigation into their involvement in a transnational cybercrime syndicate operating within Nigeria. The
The Office of the Attorney General of the Federation and Minister of Justice, Prince Lateef Fagbemi (SAN), has discontinued the criminal charges against Dr. Nneka Onyeali-Ikpe, Managing Director and CEO of Fidelity Bank Plc, following a thorough review of the case. The charges stemmed from allegations of fraud involving approximately N19 billion linked to Woobs
A U.S. federal court has handed down a five-year prison sentence to Uche Victor Diuno, a 57-year-old Nigerian national, following his conviction for participating in a sprawling international fraud scheme that defrauded individuals across 20 countries of nearly $5.7 million . U.S. prosecutors revealed that from October 2014 to September 2018, Diuno and his associates posed
Abuja — Former Economic and Financial Crimes Commission (EFCC) Chairman, Ibrahim Magu Bawa, has lifted the lid on extensive fraud within Nigeria’s fuel subsidy system, revealing that billions of naira have been siphoned off through deceptive practices including ‘ghost imports’ and over-invoicing. Speaking at a recent anti-corruption forum, Magu detailed how unscrupulous actors exploit loopholes
In a major crackdown on cybercrime, twenty-one internet fraudsters have been convicted and sentenced to various jail terms by courts sitting in Makurdi, Benue State, following successful prosecution by the Economic and Financial Crimes Commission (EFCC). The convictions, delivered over the past week, followed a series of coordinated arrests and investigations by operatives of the
The Economic and Financial Crimes Commission (EFCC) has filed fresh criminal charges against the former Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, accusing him of grand theft and the illegal acquisition of a sprawling estate consisting of 753 duplexes in Abuja, alongside the alleged concealment of billions of naira using proxy
Lagos — A former Group Executive Director of Union Bank Plc, Mr. Austine Obigwe, has disclosed that he voluntarily wrote off a $2.3 million debt owed by Arik Air to his private firm, Staal Nigeria Limited, citing the airline’s operational difficulties at the time. He made this known while testifying before the Lagos State Special
Lagos — A former Group Executive Director of Union Bank Plc, Mr. Austine Obigwe, has disclosed that he voluntarily wrote off a $2.3 million debt owed by Arik Air to his private firm, Staal Nigeria Limited, citing the airline’s operational difficulties at the time. He made this known while testifying before the Lagos State Special
Former National Health Insurance Scheme (NHIS) Executive Secretary, Dr. Olufemi Martins Thomas, is scheduled to hear the verdict in his alleged $2,198,900 fraud case on July 24, 2025. The Federal High Court in Ikoyi, Lagos, set the date following the conclusion of trial proceedings. Dr. Thomas and co-defendant Kabiru Sidi, a Bureau De Change operator,
