Business

NNPC, Chevron complete Awodi-07 appraisal, exploration well

  • 26th January 2026

PAYE reductions boost workers’ salaries – Oyedele

  • 26th January 2026

Dangote Cement inducts 200 engineers after graduate training

  • 26th January 2026

Unilever Nigeria’s 2025 profit after tax hit N30.7bn

  • 26th January 2026

Contact Info

Some Populer Post

X to display ads on Grok’s AI responses

EU probes X platform after Grok generates explicit material

Tech

AGF assumes control of Mike Ozekhome’s alleged forgery case

News

NNPC, Chevron complete Awodi-07 appraisal, exploration well

Business

Tinubu departs Abuja for Türkiye to boost economic partnerships

Travel

Tag: EFCC

featured

EFCC bans dollar transactions in embassies

Alex Omenye The Economic and Financial Crimes Commission has taken a decisive step to halt the dollarization of Nigeria’s economy and safeguard the value of the Naira by prohibiting foreign missions from conducting transactions in foreign currencies. In a letter addressed to the Minister of Foreign Affairs, Ambassador Yusuf Tuggar, titled “EFCC Advisory to Foreign […]

News

EFCC arrest BDC operators as naira slides to 1,416/$

The Economic and Financial Crimes Commission operatives on Tuesday reportedly arrested some Bureau De Change operators at the popular Wuse Zone 4 market on Tuesday amid the rapid depreciation of the naira. In addition, traders said some BDC operators resisted arrest in the course of the undercover operation, according to The Punch. The operatives had […]

Binance opens crypto trading to Syrians after US lifts sanctions
featured News

Abuja court adjourns Binance exec Gambaryan’s trial till May 17

A Federal High Court sitting in Nigeria’s capital, Abuja, on Thursday adjourned the trial of detained Binance Holdings Limited executive, Tigran Gambaryan, till May 17 2024 for the continuation of his trial. AMBusiness reported that Gambaryan and his fleeing colleague, Nadeem Anjarwalla, and Binance Holdings Limited are being prosecuted by the Economic and Financial Crimes […]

  • enitan
  • 2nd May 2024
  • 0 Comments
  • 77 Views
Binance halts support for USDC stablecoin on Tron blockchain
News

Binance executive pleads not guilty to money laundering charges

An Executive of Binance Holdings Limited, Tigran Gambaryan, has pleaded not guilty to the money laundering charges preferred against him by the Economic and Financial Crimes Commission. The Economic and Financial Crimes Commission on Monday charged Gambaryan before Justice Emeka Nwite at the Federal High Court in Abuja, according to The punch. Recall, that the […]

El Salvador moves Bitcoin to offline vault
Crypto

Binance trained ‘police, EFCC operatives’, blocked 281 accounts over money laundering

Binance stated it confined 281 accounts belonging to Nigerian residents as a result of money laundering concerns in 2022 and extensively partnered with the FG to protect users from illicit activity. The Binance team also stated in a press release, that it had visited the country twice during the fourth quarter, and the company’s Law […]

Nigerian banks involved in 70% of financial crimes - EFCC
News

Nigerian banks involved in 70% of financial crimes – EFCC

The Economic and Financial Crimes Commission on Monday indicted the banks in relation to about 70 percent of Nigeria’s banking offences. This was disclosed by Ola Olukayode, Chairman EFCC, while speaking in at the 2023 Annual Retreat and General Meeting of the Association of Chief Audit Executives of Banks in Nigeria, in Abuja, according to […]

NUPENG, EFCC collaborate to combat oil theft
News

NUPENG, EFCC collaborate to combat oil theft

The Economic and Financial Crimes Commission and the National Union of Petroleum and Natural Gas workers have joined forces to combat the evil of oil theft. According to The PUNCH, NUPENG appealed for cooperation when its president, William Akporeha, and members of his executive visited the EFCC’s corporate offices in Abuja on Wednesday. William asked […]

EFCC investigating Sirika's Nigerian Air deal – Keyamo
Economy

EFCC investigating Sirika’s Nigerian Air deal – Keyamo

Minister of Aviation and Aerospace Development, Festus Keyamo has disclosed that the Economic and Financial Crimes Commission is investigating the controversial Nigeria Air deal initiated by former Aviation Minister, Hadi Sirika. Keyamo made this known during an appearance on Channels Television’s Politics Today program on Wednesday. Keyamo stated, “There is a criminal investigation going on. […]

13 Chinese nationals detained in Kwara for illegal mining
News

13 Chinese nationals detained in Kwara for illegal mining

13 Chinese nationals have been detained by the Economic and Financial Crimes Commission for allegedly indulging in illegal mining activities in Ilorin, Kwara State. This information was released by the anti-graft organization in a statement on Thursday by its head of media and publicity, Wilson Uwujaren. The 12 male and one female suspects were detained […]

Nigerian banks involved in 70% of financial crimes - EFCC
News

EFCC investigates over N317bn Lagos investment, forex fraud

The Economic and Financial Crimes Commission has declared that it is presently looking into numerous cases of forex and investment fraud totaling more than N317 billion in Lagos alone. At the same time, it was announced that Lagos, Nigeria’s commercial capital, had turned into the country’s epicentre for all kinds of economic and financial crimes. […]

The Chairman of EFCC
Business

Naira scarcity: Over N500bn old notes still in circulation, says EFCC

The Chairman of the Economic and Financial Crimes Commission, Mr. AbudulRasheed Bawa, on Wednesday said that over N500 billion of the old N1000 and N500 notes are still out of the Central Bank of Nigeria. This, he disclosed while speaking during an interview on Channels Television’s “The 2023 Verdict” programme. On finding out how prepared […]

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