29 h. ago EFCC traces over $300,000 laundered money to arrested ‘Yahoo boy’ suspect

From Sola Ojo, Abuja The Economic and Financial Crimes Commission (EFCC), has traced money laundering activities in excess of $300,000 (three hundred thousand United States Dollar) to a suspected internet fraudster. EFCC Spokesman, Dele Oyewale, who confirmed this to newsmen in Abuja on Tuesday said the investigation into the suspicious activities link to the suspects […] The post EFCC traces over $300,000 laundered money to arrested ‘Yahoo boy’ suspect appeared first on The Sun Nigeria.

Politics

54 h. ago Money Laundering : Bank asks court to halt N’Assembly, police probe

By Lukman Olabiyi Justice Daniel Osiagor of the Federal High Court, Lagos has scheduled July 18, 2025, for the hearing of a suit filed by Sterling Bank Limited and its affiliates challenging the authority of the House of Representatives to investigate the management of funds in the accounts of two of its customers, Dr. Innocent […] The post Money Laundering : Bank asks court to halt N’Assembly, police probe appeared first on The Sun Nigeria.

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6 d. ago EFCC Traces CBEX Stolen Funds To Four Countries, Says Full Recovery Likely Impossible

The Economic and Financial Crimes Commission has traced funds linked to the failed crypto bridge exchange scheme to four countries. The anti-graft agency said that although efforts are underway to recover the stolen funds, but full restitution to victims may be impossible. Speaking on Channels Television programme on Wednesday, Olukoyede revealed that most of the […] The post EFCC Traces CBEX Stolen Funds To Four Countries, Says Full Recovery Likely Impossible appeared first on Information Nigeria.

Politics

6 d. ago EFCC arraigns maize processing CEO for N21.5m money laundering in Yobe

From Sola Ojo, Abuja The Maiduguri Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) arraigned Ibrahim Lafiya, CEO of I.U Lafiya Maize Processing Ventures and I.U Maize Processing Ventures, alongside his companies, before Justice Fadimatu Aminu of the Federal High Court in Damaturu, Yobe State, on a one-count charge of money laundering involving […] The post EFCC arraigns maize processing CEO for N21.5m money laundering in Yobe appeared first on The Sun Nigeria.

Politics

7 d. ago Aisha Achimugu makes court appearance in alleged money laundering case

Businesswoman Aisha Achimugu was presented before the Federal High Court in Abuja by operatives of the Economic and Financial Crimes Commission (EFCC) in the alleged money laundering case. Daily Sun reported that Achimugu was apprehended and detained by EFCC operatives after she was ordered by Justice Inyang Ekwo to honour the invitation by the anti-graft […] The post Aisha Achimugu makes court appearance in alleged money laundering case appeared first on The Sun Nigeria.

Politics

7 d. ago We have treated 300,000 malnourished children in 7 states of Nigeria — MSF

From Olanrewaju Lawal Birnin Kebbi The Medecins Sans Frontieres (MSF) known as Doctors Without Borders, has disclosed that 300,000 malnourished children have been treated in the seven states of Northern Nigeria within a year. Huggins Madondo, Project Coordinator,Kebbi State stated this while briefing newsmen on the success story of the International Non- Governmental Organisation (NGO) […] The post We have treated 300,000 malnourished children in 7 states of Nigeria — MSF appeared first on The Sun Nigeria.

Politics

8 d. ago EFCC investigates 30 arrested at Hustle Kingdom fraud school

From Sola Ojo, Abuja Operatives of the Benin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have begun investigating 30 suspected internet fraudsters arrested at a “Yahoo” training school, known as Hustle Kingdom (HK), in Benin City. The EFCC Head of Media and Publicity, Dele Oyewale, announced on Tuesday that the suspects were […] The post EFCC investigates 30 arrested at Hustle Kingdom fraud school appeared first on The Sun Nigeria.

Events

8 d. ago EFCC Arrests Aisha Achimugu At Abuja Airport Over Money Laundering Allegations

The Economic and Financial Crimes Commission (EFCC) has apprehended Aisha Achimugu, the managing director and CEO of Felak Concept Group, at the Nnamdi Azikiwe International Airport in Abuja. Achimugu was arrested at around 5 a.m. on Tuesday upon her arrival in Nigeria from London. Her lawyer, Chikaosolu Ojukwu, confirmed the arrest in a statement issued […] The post EFCC Arrests Aisha Achimugu At Abuja Airport Over Money Laundering Allegations appeared first on Information Nigeria.

Politics

1 week ago Over 100 Zamfara villages deserted due to banditry, urgent need for official IDP camps

From John Bassey More than 100 villages in Zamfara State have been deserted due to relentless banditry, displacing over 300,000 people, yet the state government has not established official Internally Displaced Persons (IDP) camps. Previously operational camps in Gusau, Anka, Maradun, and Mada were closed, leaving IDPs to fend for themselves. Many squat with relatives […] The post Over 100 Zamfara villages deserted due to banditry, urgent need for official IDP camps appeared first on The Sun Nigeria.

Politics

1 week ago EFCC arraigns Lexicon Multiconcept Media CEO for N459m fraud

From Sola Ojo, Abuja The Economic and Financial Crimes Commission (EFCC) has arraigned Osabohem Alex Ologbosele, CEO of Lexicon Multiconcept Media Limited, his company, and employee Augustine Osas Iyoha before Justice E. Akpan of the Federal High Court in Abuja. They face six amended charges of fraud, obtaining under false pretences, and money laundering involving […] The post EFCC arraigns Lexicon Multiconcept Media CEO for N459m fraud appeared first on The Sun Nigeria.

Politics

1 week ago OPay Awards Scholarships To 20 Kwara Polytechnic Students In ₦1.2bn National Initiative

OPay, one of Nigeria’s leading financial institutions,  has awarded scholarships to 20 outstanding students of Kwara State Polytechnic, under its ₦1.2 billion, 10-year national scholarship initiative. Each of the selected students will receive ₦300,000 to support their education, making Kwara Polytechnic the first polytechnic to benefit from the programme. The initiative, which aims to ease […]

Politics

1 week ago N1.3bn fraud: Jude Okoye meets bail conditions, regains freedom

By Seyi Babalola Jude Okoye, Psquare’s former manager, has been freed from Ikoyi prison after meeting his bail terms in an ongoing N1.38 billion money laundering trial. Jude, the eldest brother of music artists Peter and Paul Okoye, and his firm, Northside Music Limited, are facing a seven-count prosecution before A. Owoeye of the federal […] The post N1.3bn fraud: Jude Okoye meets bail conditions, regains freedom appeared first on The Sun Nigeria.

Politics

3 w. ago Court orders final forfeiture of Livingtrust Mortgage Bank’s N6.6bn shares, N42.4m, $26.44 in Lagos

From Sola Ojo, Abuja On Tuesday, April 15, Justice F.N. Ogazi of the Federal High Court in Ikoyi, Lagos, ordered the final forfeiture of 2,041,087,747 units of Livingtrust Mortgage Bank Plc shares, valued at N6,674,356,932.69, along with N42,461,096.66 and $26.44 in funds. The Economic and Financial Crimes Commission (EFCC) traced these assets to Cititrust Holdings […] The post Court orders final forfeiture of Livingtrust Mortgage Bank’s N6.6bn shares, N42.4m, $26.44 in Lagos appeared first on The Sun Nigeria.

Politics

3 w. ago USAID cuts leave African health systems in crisis as malaria, cholera surge

As clouds gather and humidity rises across West Africa, whose annual rains bring an uptick of deadly, malaria-carrying mosquitoes, Musa Adamu Ibrahim, a nurse, is sitting at home, unemployed. In Nigeria — home to 30 percent of the world’s annual 600,000 malaria deaths — clinics that once served 300 people a day in the conflict-hit Read More

Politics

3 w. ago Alleged N1.3bn fraud: How my rift with Jude Okoye started – Peter Okoye

Peter Okoye, a former member of the defunct music duo P-Square, testified in the N1.3 billion fraud case against his older brother, Jude Okoye on Monday. Jude Okoye is standing trial on a seven-count charge, including fraud and money laundering, based on a petition written by Peter Okoye through the Economic and Financial Crimes Commission […] The post Alleged N1.3bn fraud: How my rift with Jude Okoye started – Peter Okoye appeared first on The Sun Nigeria.

Politics

3 w. ago Private school proprietors protest 300 percent increase in Personal Income Tax in Edo

…As 300,000 teachers risk job lose From Ighomuaye Lucky, Benin The Coalition of Association of Private Schools (CAPS), Edo State, raised the alarm that over 300,000 teachers are at the verge of losing their jobs if the state government implements the 300 percent increment in Personal Income Tax of private school owners. The chairman of […] The post Private school proprietors protest 300 percent increase in Personal Income Tax in Edo appeared first on The Sun Nigeria.

Politics

3 w. ago Nigerians arrested as Indian police bust international drug ring

Two Nigerians and a local forex agent have been arrested in Hyderabad, India, as police uncovered a transnational drug trafficking and money laundering syndicate with links to the United States and Nigeria, The Hindu Newspapers reports. The suspects, identified as Ugwu Ikechukwu (alias Emma) and Chukwu Ogbonna (alias Big Joe), were arrested by the Telangana Read More

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