The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC), on Monday, August 17, 2026 recovered 2.3 million litres of Automotive Gas Oil, AGO, valued at N4.485 billion from Mamemo Ibru of Ibafon Oil and Gas, during an investigation into an alleged case of stealing and...
Economic and Financial Crimes Commission (EFCC)
Ibadan Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Thursday, August 13, 2026 arraigned one Adeoye Gabriel Adewale and his firm, De Lukas Global Concept Limited before Justice Olusola Adetujoye of the Oyo State High Court, sitting in Ibadan, Oyo State. The defendant allegedly defrauded one...
Access Bank Plc has approached the Federal High Court in Lagos to recover N1.34 billion allegedly lost through an unauthorised transfer of funds from four customers’ accounts in what the bank described as a suspected cyber fraud incident. The incident, which raises fresh concerns about the financial and cybersecurity...
Ibadan Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) on Thursday, August 13, 2026 arraigned one Lawal Babale Musa before Justice Olusola Adetujoye of the Oyo State High Court, sitting in Ibadan, Oyo State. Musa was arraigned on a fifty seven-count charge bordering on forgery, uttering of...
Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has charged members of the National Youth Service Corps (NYSC), across the country to strive to be new breed youths by taking ownership of the fight against corruption, economic and financial crimes and upholding integrity, discipline...
Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede has charged youths across the country to tread the path of integrity for a secure future. He gave the charge in Port Harcourt, Rivers State on Tuesday, August 11, 2026, while addressing youths and teenagers in a...
Economic and Financial Crimes Commission (EFCC), has commenced a four-week Basic Investigation and Enforcement training for 102 newly recruited officers of the Code of Conduct Bureau, CCB. The Executive Chairman of the Commission, Ola Olukoyede speaking at the opening ceremony on Monday, August 10, 2026 at the EFCC Academy,...
Justice F.N. Ogazi of the Federal High Court in Ikoyi, Lagos, on Friday, August 7, 2026, convicted and sentenced four persons to two and six months’ imprisonment respectively for offences bordering on illegal foreign exchange transactions and unlawful trading of naira notes. The convicts; Ahmad Umar Baros, Aminu Umar...
Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission (EFCC), Ikoyi, Lagos, on Thursday, August 6, 2026, handed over the sum of N125,000,000.00 (One Hundred and Twenty-five Million Naira) to the victim of an alleged land fraud, Akinsewa Akiode. The recovery of the funds, handed over in Sterling Bank drafts, followed a petition...
Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission (EFCC) on Wednesday, August 5, 2026, arraigned the trio Jacob Acheneje Okolo, Yakubu Wisdom Onu Solomon and Issa Aloba Lateef for an alleged N652.18m theft before Justice Olubunmi O. Abike-Fadipe of the Special Offences Court sitting in Ikeja,...
The Economic and Financial Crimes Commission (EFCC), has arrested one Odigie Moses, a self-acclaimed spiritualist for alleged sextortion to the tune of $1,100 (One Thousand, One Hundred Dollars). He was arrested in Ekpoma, Edo State. The suspect, who misrepresented himself on Zelle, a social media platform as possessing spiritual healing powers, was...
President Bola Tinubu has informed Osun State Governor Ademola Adeleke that he has directed the Economic and Financial Crimes Commission (EFCC) to vacate the court order freezing the state’s account. The latest development was disclosed on Thursday in an update from the Presidency, which confirmed that the President personally...
Osun State Governor, Ademola Adeleke, has sued the Economic and Financial Crimes Commission (EFCC) over the freezing of the state’s Federal Statutory Allocation Account. The suit was filed before the Federal High Court in Abuja by a legal team led by M. T. Adekilekun, SAN. The Attorney General of...
African Democratic Congress (ADC) has welcomed President Bola Tinubu’s directive to reverse the freezing of the Osun State Government’s accounts but questioned his claim that the EFCC acted on the basis of a court order, noting that the President was either misinformed or he had deliberately misrepresented the situation....
Osun State Government has rejected claims by the Economic and Financial Crimes Commission (EFCC) that about ₦11 billion was looted from the state’s accounts, describing the allegation as false and an attempt to justify what it called the unlawful freezing of government funds. In a statement issued on Wednesday...
Osun State Governor, Ademola Adeleke, has appealed to residents of the state to remain steadfast ahead of the August 15 governorship election, urging them to reject any attempt to return the state to what he described as an era of hardship and unpaid wages. In a message shared on...
Nigeria Democratic Congress (NDC) presidential candidate, Peter Obi, has expressed concern over the reported freezing of the Osun State Government’s bank accounts by the Economic and Financial Crimes Commission (EFCC), describing the development as one capable of raising questions about the integrity of democratic institutions. In a statement posted...
Economic and Financial Crimes Commission (EFCC) has explained why it placed a Post No Debit (PND) order on the bank accounts of the Osun State Government, saying the action was taken to prevent the alleged diversion of public funds currently under investigation. In a statement posted on its official...
Coalition of pro-democracy organisations has condemned the reported freezing of bank accounts belonging to the Osun State Government by the Economic and Financial Crimes Commission (EFCC), describing the move as a threat to democratic governance ahead of the August 15 governorship election. In a statement issued on Wednesday, the...
Executive Chairman of the Economic and Financial Crimes Commission, (EFCC), Mr. Ola Olukoyede has disclosed that policy reforms are the most result-oriented approach to fighting corruption, economic and financial crimes. He made the disclosure on Tuesday, August 4, 2026 when the managing director of the Consumer Credit Corporation, Creditcorps,...