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…
EFCC
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…
EFCC, ICPC investigate Nigerians depositing millions of old N500, N100 at Ilorin CBN
Anti-corruption agencies have began investigating the depositors of millions of old N500 and N1,000 notes at the Central Bank of Nigeria’s Ilorin…
EFCC retrieves unremitted N900m for NHIS
EfccIThe Economic and Financial Crimes Commission has again retrieved a sum of N900 million for the National Health Insurance Scheme. The EFCC’s…
Fuel subsidy: EFCC recovers N13bn illegal payments
The Economic and Financial Crimes Commission records recovery worth N13bn as proceeds from illegal payments made under the subsidy regime between 2017…
New naira: Beware of currency hoarders, EFCC warns BDC operators
The Economic and Financial Crimes Commission has urged Bureau de Change operators to be wary of currency hoarders who would attempt to…
EFCC, ICPC should probe oil theft not lawmakers – Falana
Human rights activist and Senior Advocate of Nigeria, Femi Falana said it is not the business of the National Assembly to investigate…
EFCC threatens to arrest dollar hoarders over naira fall
Following the increasingly fall of the Naira, the Economic and Financial Crimes Commission has threatened to arrest Nigerians hoarding dollars and other…
Three ex-bankers connive to defraud bank N20bn
Three former workers of First Bank of Nigeria have been arraigned before a Lagos State Special Offences Court, Ikeja over attempted fraud…
EFCC partners marketers to curb oil theft in Niger Delta
The Independent Petroleum Marketers Association of Nigeria has sought the support and intervention of the Economic and Financial Crimes Commission in curbing…
Agents, policies blamed as abandoned ships litter Nigerian waters
In Nigeria, it is normal to detain ships and allow them to sink or rot away. In this piece, this story looks…
Senate amends Money Laundering Act, banks to report deposits to EFCC
The Senate, on Wednesday, passed a bill to amend the Money Laundering Act 2011, which makes it mandatory for Deposit Money Banks…