EFCC

Louisa Olaniyi Business Network > Blog > EFCC

April 25, 2026
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EFCC, CRIME, News

EFCC arrests ex-Skye Bank chairman over alleged N36.5bn fraud

The Economic and Financial Crimes Commission (EFCC) has arrested a former chairman of the defunct Skye Bank Plc, Tunde Ayeni, over allegations of money laundering, misappropriation, and diversion of...

April 9, 2026
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EFCC, News

EFCC Dismantles Yahoo Academy in Abuja, Nabs 31 Suspects

The Economic and Financial Crimes Commission (EFCC) has arrested 31 suspected internet fraudsters during a sting operation at an alleged “Yahoo academy” located in Karu, Federal Capital Territory, Abuja....

CIG Motors Dismisses Executive Director Over Alleged Financial Misappropriation, Refers Case to EFCC

January 4, 2026
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finance, EFCC, News

CIG Motors Terminates Executive Director Jubril Arogundade Over Financial Misappropriation and Abuse of Authority, Refers Case to EFCC

CIG Motors Co. Ltd has announced the immediate termination of the appointment of its Executive Director, Jubril Arogundade(@JubrilofLagos), following internal investigations that uncovered issues relating to financial misappropriation and...

Court Sets December 18 for Ngige’s Bail Over ₦2.2bn Fraud

December 15, 2025
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law, EFCC, News

₦2.2bn Fraud: Court Fixes December 18th for Ngige’s Bail Ruling

The Federal Capital Territory High Court sitting in Gwarimpa, Abuja, has fixed Thursday, December 18, to deliver its ruling on the bail application filed by a former Minister of...

December 12, 2025
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EFCC, News

Alleged N2.2bn Fraud: EFCC Arraigns Ex-Labour Minister Chris Ngige Today

The Economic and Financial Crimes Commission (EFCC) has finalised plans to arraign former Minister of Labour and Employment, Chris Ngige, today (Friday), over alleged fraud totalling N2,261,722,535.84. Court officials...

December 9, 2025
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EFCC, News, Politics

Alleged Fraud: EFCC Seals Sylva’s Abuja House

Julius Bokoru, Special Assistant on Media and Public Affairs to former Minister of Petroleum, Chief Timipre Sylva, has condemned the sealing of his principal’s Maitama residence in Abuja by...

EFCC Raises Alarm Over Diversion of Students’ Fees in Nigerian Universities

December 4, 2025
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EFCC, News

EFCC Chair Faces Contempt Over Withheld 27 Properties

A Federal High Court in Abuja has warned the chairman of the Economic and Financial Crimes Commission (EFCC) about the consequences of his alleged continued failure to comply with...

SEC Partners with CBN, EFCC to Track and Freeze Illicit Digital Wallets

October 31, 2025
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EFCC, ECONOMY, finance, News, SEC

SEC, CBN, EFCC Partner to Freeze Illicit Digital Wallets

The Securities and Exchange Commission (SEC) has announced a partnership with the Central Bank of Nigeria (CBN) and the Economic and Financial Crimes Commission (EFCC) to trace and freeze...

EFCC Recovers ₦39.8bn as Ex-NSIPA CEO Halima Shehu Says “I Stole by Mistake”

October 29, 2025
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EFCC, News

EX NSIPA CEO CLAIMS, “I Stole by Mistake” AS EFCC RECOVERS ₦39. 8 BILLION.

The Economic and Financial Crimes Commission (EFCC) has recovered the sum of N39.8 billion from Halima Shehu, National Coordinator / CEO. National Social Investment Programme Agency (NSIPA) who allegedly...

August 20, 2025
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EFCC, fraud

EFCC Nabs Bank MD, Two Nuns Over Alleged Loan Fraud

Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested two Catholic Church sisters for allegedly and unlawfully tampering with shareholders’ documents at the Corporate Affairs Commission. The...