An Ikeja Special Offences Court has adjourned the bail application of businessman Joseph Ufoma, facing charges by the Economic and Financial Crimes Commission (EFCC) over a $1.5 million oil fraud, to today, March 31, following his absence in court. Ufoma, who is being tried alongside Intermediate Investment Holdings Limited, faces a …
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…By Sodiq Oyeleke THE recent public spectacle involving the Chief Executive Officer of Sujimoto Luxury Construction Limited, Olasijibomi Ogundele, and the Economic and Financial Crimes Commission has unfolded as a masterclass in how not to manage a corporate reputation crisis. As the public watched a prominent figure in Nigeria’s real …
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NO fewer than 37 suspected internet fraudsters have been arrested by the operatives of the Economic and Financial Crimes Commission (EFCC) in Warri, Delta State, and Owerri, the capital of Imo State. The EFCC disclosed this in a statement issued on Saturday, saying the suspected internet fraudsters were apprehended on …
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THE Economic and Financial Crimes Commission (EFCC), on Thursday re-arraigned a former Minister of Power and Steel, Dr Olu Agunloye for alleged infractions in the award of contract for Mambila Hydroelectric Power Station. The EFCC had dragged Agunloye, before Justice Jude Onwuegbuzie of Federal Capital Territory (FCT), Apo, Abuja, on …
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The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede has expressed the Commission’s readiness to work with the Presidential Committee on Campaign against Social vices in Secondary and Tertiary institutions to tackle economic and financial crimes and other acts of corruption among students. He stated …
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For hours on Monday, September 8, 2025, the Economic and Financial Crimes Commission (EFCC) grilled the Chief Executive Officer of Sujimoto Luxury Construction Limited, Sijibomi Ogundele, in Abuja over alleged diversion of about N5.7 billion belonging to Enugu State. There were indications he might be detained because the quizzing was …
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The Executive Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede has charged media practitioners across the country to use their platforms to expose fraudulent and corrupt practices in all sectors of the society. He gave this charge in Warri, Delta State while addressing the 12th Annual Conference of the …
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The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede has observed that cryptocurrency as an innovation and transactional technology in the global economy requires governing rules to regulate its ecosystem in the country in order to prevent its fraudulent abuse. He made the observation in …
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Operatives of the Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission (EFCC) have apprehended 17 suspected internet fraudsters in Lagos. EFCC confirmed this in a post shared on its official Facebook page on Tuesday. It stated that the suspects were apprehended on Tuesday in a sting operation …
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OPERATIVES of the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) have arrested 12 suspected illegal Bureau de Change (BDC) operators. EFCC spokesperson, Mr Dele Oyewale, disclosed this in a statement on Thursday in Abuja, stating that the suspects were apprehended on Wednesday following credible intelligence …
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