# Tags

‘Budget Padding, Fake Projects, Payroll Fraud’: EFCC Exposes Governance Failures

The Economic and Financial Crimes Commission (EFCC) has raised concerns over the lack of transparency in Nigeria’s oil and gas sector, warning that unverified transactions, budget padding, and lax oversight are driving corruption and inefficiency in public finance. Speaking at the National Conference on Public Accounts and Fiscal Governance in Abuja, the EFCC Chairman, Ola […]

EFCC Opposes Yahaya Bello’s Bid to Travel Abroad for Medical Treatment

The Economic and Financial Crimes Commission (EFCC) has opposed an application by former Kogi State Governor, Yahaya Adoza Bello, seeking court permission to travel abroad for medical treatment. The application was heard before Justice Emeka Nwite at the Federal High Court in Maitama, Abuja, during the resumed hearing of Bello’s trial over an alleged ₦80.2 […]

$4.5bn Fraud: Can WhatsApp Chats Stand? Court to Decide on Emefiele’s Evidence Challenge

The Special Offences Court in Ikeja, Lagos, has scheduled 15 September 2025 to rule on an application by former Central Bank Governor, Godwin Emefiele, seeking a forensic examination of WhatsApp messages admitted as evidence in his ongoing fraud trial. Presiding Judge, Justice Rahman Oshodi, fixed the date after hearing arguments from Emefiele’s lead counsel, Olalekan […]

EFCC Arrests Former NNPCL Executives Over $7.2bn Refinery Scandal

Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested a former Chief Financial Officer (CFO) of the Nigerian National Petroleum Company Limited (NNPCL), Umar Isa, in connection with an alleged $7.2 billion fraud related to the rehabilitation of the Kaduna, Warri, and Port Harcourt refineries. Also in EFCC custody is Jimoh Olasunkanmi, a […]

Emefiele Faces Fresh Charges Over ₦6bn Property, Proxy Accounts

The Economic and Financial Crimes Commission (EFCC) has filed fresh charges against former Central Bank Governor, Godwin Emefiele, accusing him of illegal acquisition of 753 housing units and holding billions of naira in proxy accounts. The eight-count charge, filed at the High Court of the Federal Capital Territory in Abuja, alleges that Emefiele, in conspiracy […]

Emefiele Fights to Reclaim Forfeited 753-Unit Abuja Estate

Former Central Bank of Nigeria Governor, Godwin Emefiele, has filed an appeal at the Court of Appeal in Abuja, seeking to overturn a judgment granting the Federal Government permanent ownership of a 753-unit housing estate in Lokogoma, Abuja. The Economic and Financial Crimes Commission (EFCC) had secured the initial forfeiture order on the estate, which […]

EFCC and ICPC Recover ₦277bn and $105m in 2024, Says AGF Fagbemi

Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, has announced that the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) collectively recovered ₦277 billion and $105 million in 2024. Speaking at an asset recovery summit in Abuja, Fagbemi detailed that the EFCC reclaimed over […]

FG to Sell 753 Housing Units Recovered from Emefiele

The Federal Government has taken possession of a 753-unit housing estate formerly owned by embattled former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, and plans to sell the property to members of the public. In a statement issued on Tuesday, the Ministry of Housing and Urban Development confirmed that the estate was handed over […]

Fraud Crackdown in Lagos: Jewellery, Laptops, Luxury Cars Seized in EFCC Sting

The Economic and Financial Crimes Commission (EFCC) has arrested 120 individuals suspected of engaging in cybercrime across various locations in Lagos State. In a statement posted on Monday via its official X (formerly Twitter) handle, the Commission said the arrests were made by operatives from the Lagos Zonal Directorate 1 following intelligence-led operations and sustained […]

Social Media Auto Publish Powered By : XYZScripts.com