Tag: EFCC

Naira falls N777 against dollar after CBN announcement
Economy

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 foreign currency The Chairman of the anti-graft agency, Abdulrasheed Bawa, said this during a meeting with representatives of the Bureau De Change operators on Friday. Bawa’s meeting with the BDC operator was a […]

New naira: Beware of currency hoarders, EFCC warns BDC operators
Banking

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 charges. The Economic and Financial Crimes Commission arraigned the culprits, Ozioma Ugorji, 35; Ugwu Emeka, 32; and Obike Chukwuka, 38, for allegedly attempting to steal N20bn from the bank. PUNCH Metro reported that the […]

Senate probes Niger Delta oil theft
Oil and Gas

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 oil theft and pipeline vandalism in the Niger Delta. This request was made on Monday, May 16, 2022 in Port Harcourt, Rivers State, by the Chairman of IPMAN, Hon. Bello Binna, who paid […]