EFCC Arraigns Oil Magnate in Port Harcourt for Alleged N750 million Bank Fraud
The Economic and Financial Crimes Commission, EFCC, has arraigned Ugochukwu Nwaemere before a Federal High Court sitting in Port Harcourt, for alleged conspiracy, forgery and obtaining money under false pretence to the tune of Seven Hundred and Fifty Million Naira.In a Press Statement by the EFCC, the Defendant was brought before Justice E.A Obile on a […]
EFCC Cautions Tompolo’s Video, Cites AI Manipulation Concerns
The Economic and Financial Crimes Commission (EFCC) has urged Nigerians to exercise restraint and avoid premature condemnation of Chief Government Ekpemupolo, widely known as Tompolo, following a viral video alleging naira abuse. The commission stated that the video in question is currently undergoing forensic analysis, raising concerns about potential manipulation through artificial intelligence.The viral footage, […]
EFCC Cracks Down on Mother-Son Duo for N64.4m Fraud
The EFCC’s Port Harcourt Zonal Directorate arraigned Ifeoma Joe and her son, Chima Mike Nmerem, before Justice P. I. Ajoku for a N64.4 million fraud involving conspiracy, misrepresentation, and advance fee fraud. They allegedly deceived a US-based petitioner by posing as associates of Evangelist Uma Ukpai, extracting funds for fake spiritual cleansing and legal settlements […]
EFCC Re-arraigns Omatsuli Over Alleged N3.6bn Fraud
The Economic and Financial Crimes Commission (EFCC) on Monday, May 19, 2025, re-arraigned Tuoyo Omatsuli, a former Executive Director of Projects at the Niger Delta Development Commission (NDDC), before Justice Daniel Osiagor of the Federal High Court in Ikoyi, Lagos, over an alleged N3.6 billion fraud. Omatsuli is standing trial alongside Francis Momoh, Don Parker […]
EFCC Denies Role In VeryDarkMan’s Arrest
The Economic and Financial Crimes Commission (EFCC) has refuted reports about explaining the reasons behind VeryDarkMan’s arrest, labelling them as fake news. According to reports, VeryDarkMan was arrested following complaints about his social media activities, which may contravene the Cybercrimes Act of 2015. The EFCC denied reports on its social media accounts, sharing photos of […]
The EFCC’s Reign of Impunity
Nigeria’s Economic and Financial Crimes Commission (EFCC) was established in 2003 with a noble mandate: to combat corruption, financial crimes, and money laundering. Under its first chairman, Nuhu Ribadu, the agency earned international accolades for its bold prosecutions of high-profile politicians and fraudsters. But today, the EFCC has degenerated into a grotesque parody of its […]
E-Money Arrested by EFCC Over Naira Abuse Claims.
E-Money, a popular Lagos socialite, was arrested by the Economic and Financial Crimes Commission (EFCC) on Monday night at his residence in Omole, Lagos. The arrest was due to allegations of Naira abuse and defacing foreign currencies, specifically spraying US dollars, which violates the Foreign Exchange Act. Reason for his arrest as stated by the […]
EFCC Assures CBEX Investors of Fund Recovery
The Economic and Financial Crimes Commission (EFCC) has guaranteed that investors in the CBEX digital trading platform will retrieve their money. The platform, which promised a 100% return on investment, faced a crisis when investors couldn’t withdraw their funds, leading to public outcry and even looting of its Ibadan office. The EFCC claims it was […]
Bobrisky Loses N200 Million Legal Battle With EFCC
Nigerian social media influencer and controversial crossdresser, Okuneye Idris Olanrewaju, popularly known as Bobrisky, has faced a significant legal setback. The Federal High Court in Lagos, presided over by Justice Alexander Owoeye, dismissed Bobrisky’s ₦200 million lawsuit against the Economic and Financial Crimes Commission (EFCC). Bobrisky had filed a fundamental rights suit against the EFCC, […]
House Committee To Inspect EFCC, Prison Facilities On Oct
The House of Representatives Committee has launched an investigation into allegations of corruption against the Economic and Financial Crimes Commission (EFCC) and the Nigeria Correctional Service (NCoS). The controversy surrounds Idris Okuneye, popularly known as Bobrisky, a controversial crossdresser. Bobrisky was convicted on April 5, 2024, by the Federal High Court in Lagos for abusing […]
EFCC: NAHCON Chair On Fire Over 90bn Hajj Subsidy
The Nigerian National Oil Corporation has announced a target of increasing crude oil production to 2 million barrels per day by the end of the year. According to the Nigerian Upstream Petroleum Regulatory Commission, the country’s daily production increased to 1.6 million barrels per day in July from 1.27 million barrels in June. Speaking at […]
Anti-Graft Agency Nabs Fours Suspects in Kano for Alleged Naira Mutilation
The Economic and Financial Crimes Commission (EFCC) announced the arrest of four suspects for alleged naira note recycling and manipulating contents. This was contained in a statement released through their X handle on Wednesday stating that the suspects were apprehended following verified information concerning their activities at Unity Road, Kantin Kwari Market in Kano State. […]