In a bid to combat the growing issue of food insecurity, the Maiduguri Zonal Command of the Economic and Financial Crimes Commission (EFCC) executed a successful sting operation on Tuesday, March 5, 2024. The operation led to the apprehension of 21 trucks laden with food and non-food items en route to neighboring countries, including N’djamena,…
Kaduna State Governor, along with President Bola Ahmed Tinubu, GCFR, concluded a highly successful two-day state visit to Qatar, culminating in the signing of multiple Memoranda of Understanding (MOUs) between Nigeria and Qatar. The visit aimed to solidify existing partnerships with the Qatari Government and Qatar Charity while exploring new avenues of cooperation. During the…
In a bid to combat the rising tide of financial crimes within Nigeria’s banking sector, Mr. Ola Olukoyede, the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), has urged bank audit executives to heighten their vigilance and assertiveness. Speaking at the 2024 Annual retreat of the Association of Chief Audit Executives of Banks…
The organized private sector has sounded the alarm over the escalating incidents of theft targeting trucks transporting food and essential materials. This worrisome trend has raised concerns among industry leaders, who warn that if left unchecked, it could lead to the suspension of operations for industries nationwide. Gabriel Idahosa, President of the Lagos Chamber of…
In a significant victory for the Ibadan Zonal Command of the Economic and Financial Crimes Commission (EFCC), seven individuals have been successfully prosecuted for their involvement in internet fraud. Adio Peter Olakunle, Adebanjo Oluwafemi Samuel, Ezekiel Papi Kolawole, Lukman Olakunle Alabi, Sakiru Olamilekan Usman, Godwin Moses Abaka, and Amosu Oladele Gbenon faced separate charges related…
Under the auspices of the Chief of Army Staff Special Intervention Civil-Military Cooperation Project, Lieutenant General TA Lagbaja spearheaded the commissioning of a cutting-edge solar-powered computer laboratory at Government Girls Secondary School Charanchi, Kano State. This transformative initiative, led by Major General UB Abubakar, marks a significant milestone in bolstering educational infrastructure in the region….
The Federal Government of Nigeria is intensifying efforts to address the persisting issue of exorbitant ticket prices imposed by international airlines. In response to mounting concerns about the affordability of air travel, especially among the middle-income demographic, the government is contemplating imposing penalties on these airlines. Despite prior warnings and discussions aimed at fostering fair…
The EFCC recorded another victory as Justices Deinde Dipeolu and N. Ogazi of the Federal High Court in Lagos have recently delivered convictions in a notable cybercrime case. The convicted individuals, Oluwafemi Abdulwaheed Rasaq and Chris Onabulu, were found guilty of perpetrating romance scams and engaging in impersonation. The convictions mark a decisive victory for…
In 2027, Nigeria may witness a significant shift in its political landscape if a proposed bill aimed at altering certain provisions of the 1999 Constitution is passed into law. The bill, titled “An Act to modify the provisions of the Constitution of Nigeria to introduce a system of power rotation among various geographic and political…
In a bid to restore confidence in Nigeria’s foreign exchange market, the Central Bank of Nigeria (CBN) has taken decisive action, revoking the licenses of 4,173 Bureaux De Change (BDC) operators. This move, announced by the bank’s Acting Director of Corporate Communications, Sidi Ali Hakama, signifies a stringent response to the failure of these institutions…
