Business

Dangote expands East Africa footprint with $660m Ethiopia-Djibouti

  • 24th September 2026

Gucci turns to China for new sneakers amid

  • 24th September 2026

Starbucks plans to shut 250 North American cafes

  • 24th September 2026

US launches online portal to report visa fraud,

  • 24th September 2026

Contact Info

Some Populer Post

Ondo gov unveils AI system for civil service management,

Policy and Regulations

States’ IGR hit ₦5.15trn in 2025, Lagos leads

featured Finance

Oyedele calls for cheaper, long-term financing for Africa’s development

Finance

Tinubu stabilising economy, Nigeria in safe hands — Okpebholo

Economy featured

Tag: EFCC

Policy and Regulations

EFCC recovers ₦1.233trn, secures 10,872 convictions in 34 months

The Economic and Financial Crimes Commission says it recovered N1.233tn between October 1, 2023, and July 31, 2026, under the chairmanship of Ola Olukoyede. The commission disclosed this in a video posted on its official X account on Thursday, which highlighted its activities over the 34-month period. “₦1.233 trillion in recoveries in just 34 months. […]

featured Policy and Regulations

Diverting tithes, offerings to private businesses is criminal offence — EFCC

The Economic and Financial Crimes Commission has cautioned religious leaders against diverting tithes, offerings, zakat and other religious funds into private businesses. EFCC Chairman, Mr Ola Olukoyede, issued the warning on Wednesday in Abuja at the 2026 Second Council Meeting of the Nigeria Inter-Religious Council, NIREC. Olukoyede described such diversion as criminal and advised churches […]

featured Policy and Regulations

EFCC sacks over 40 staff for corruption, malpractice

The Chairman of The Economic and Financial Crimes Commission, Mr Ola Olukoyede, says more than 40 staff members have been dismissed for corruption and financial malpractice in the last three years. Olukoyede disclosed this on Monday in Abuja at a media interactive session to mark his three-year stewardship at the commission’s headquarters. The chairman also […]

featured News

EFCC summons ex-gov Sylva after APC exit, over alleged $14.86m fraud

The Economic and Financial Crimes Commission has urged former Bayelsa State Governor, Timipre Sylva, who has been declared wanted over an alleged $14.86 million fraud, to make himself available for questioning. The commission’s spokesman, Dele Oyewale, stated this on Monday while reacting to Sylva’s allegation that the anti-graft agency had conducted itself more as an […]

featured Finance

EFCC uncovers stolen LG funds in crypto wallets

The Economic and Financial Crimes Commission has revealed how public money was diverted from a local government account into a private company before being routed into cryptocurrency wallets. EFCC Chairman, Ola Olukoyede, made the disclosure on Monday during an interaction with media executives and journalists in Abuja, insisting that the commission could not turn a […]

Oil and Gas

EFCC recovers ₦115bn, $84m unpaid NDDC levies from oil firms

The Economic and Financial Crimes Commission has recovered more than N115bn and $84m in outstanding statutory levies owed the Niger Delta Development Commission by oil companies, the agency told the Senate on Wednesday. The disclosure was made before the Senate Public Accounts Committee, chaired by Senator Ibrahim Dankwambo, during the committee’s ongoing investigation into issues […]

featured News

Tinubu orders EFCC to unfreeze Osun govt accounts immediately

President Bola Ahmed Tinubu has directed the Economic and Financial Crimes Commission to immediately unfreeze the bank accounts of the Osun State Government by returning to court to vacate the freezing order. The President said the action could affect public confidence ahead of the August 15 governorship election. In a statement issued on Thursday, the […]

Business

EFCC charges Ex-Warri refinery boss over alleged N1.339bn money laundering

The Economic and Financial Crimes Commission has arraigned the former Managing Director of the Warri Refining and Petrochemical Company, Jimoh Olasunkanmi Yisawu, before the Federal High Court in Abuja on an eight-count charge bordering on alleged money laundering involving N1.339bn. Justice Inyang Ekwo presided over the arraignment on Monday, July 20, 2026. The defendant pleaded […]

Scams

EFCC arraigns Miyetti Allah leader over alleged $2.33m money laundering

The Economic and Financial Crimes Commission has arraigned the National President of Miyetti Allah Kautal Hore, Bello Abdullahi Bodejo, before the Federal High Court in Abuja over alleged money laundering involving $2.33 million. The anti-graft agency disclosed the development in a statement published on its official X account on Thursday, July 9, 2026, stating that […]

Scams

Terrorism: EFCC probed Lagos BDC operator before US sanctions, says source

The Economic and Financial Crimes Commission was already investigating a Lagos-based Bureau De Change operator, Mukhtar Adamu Muhammad, and three companies linked to him for alleged terrorism financing before the United States government imposed sanctions on them, sources within the anti-graft agency have disclosed. The PUNCH reported that top EFCC officials familiar with the investigation […]

Scams

EFCC arrests Nigerian-American over $320,000 fraud

The Economic and Financial Crimes Commission, has arrested a Nigerian-American over an alleged cross-border vehicle import fraud involving more than $320,000 (about ₦434.9 million). The agency said this in a statement on its website by its Media and Publicity unit on Friday. It said that the suspect was arrested by operatives of the EFCC Ilorin […]

featured News

Blessing CEO remanded in Kirikiri over alleged ₦13m cancer fraud

Social media influencer and self-styled relationship therapist, Okoro Blessing Nkiruka, popularly known as Blessing CEO, has disclosed that she has been remanded at the Kirikiri Correctional Centre in Lagos following her arraignment by the Economic and Financial Crimes Commission. Blessing CEO made the disclosure in a post on her Facebook page on Wednesday, shortly after […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in