Financial Crimes

Salesgirl stands trial for stealing N553.9m from Shoprite

A salesgirl, Mariam Mufutau, who allegedly stole N553, 956, 000 from Shoprite stores in Eti-Osa, Lagos, was on Friday charged before an Igbosere Magistrates’ Court, ...

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Alleged fraud: Court grants bail to ex-Jigawa governor, Turaki

The vacation judge at the High Court of the Federal Capital territory (FCT), Maitama, Abuja, Justice Yusuf Halilu, on Thursday granted bail to former Jigawa ...

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EFCC re-arraigns ex-Jigawa governor, Sule Lamido, sons

The Economic and Financial Crimes Commission (EFCC) on Friday, re-arraigned former Jigawa governor, Sule Lamido, his two sons, and five others before Justice B.O Quadri ...

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Banks lost N2.2bn to electronic fraud in 2016 – CBN

The Central Bank of Nigeria (CBN) has said the Nigeria Interbank Settlement System (NIBSS) recorded over 1,200 per cent increase in  reported fraud cases in ...

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How Gov. Yari built Lagos hotel with N500m, $500,000 Paris Club funds – EFCC

A Federal High Court in Abuja has ordered an interim forfeiture of the sums of N500m and $500,000 said to have been looted from the Paris Club refunds made by the Federal Government in favour of the 36 states of the federation ...

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EFCC arrests Jigawa ex-governor, Saminu Turaki

The Economic and Financial Crimes Commission (EFCC) has arrested former governor of Jigawa, Senator Saminu Turaki Spokesman of the agency, Mr Wilson Uwujaren, yesterday confirmed ...

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Nigerian fraudsters face jail in UK over £2.5m fraud

A gang of fraudsters are facing jail for using the identities of MPs, judges and police officers during a £10million scam. The crew stole personal ...

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Army corporal in police net for working with Evans, kidnap kingpin

A soldier, Victor Chukwunonso, said to be a gang member of the notorious kidnap kingpin, Chukwudimeme Onwuamadike, aka Evans, has been arrested by the police ,,,

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Panel sits to probe Fayemi’s tenure as Ekiti governor

The Judicial Commission of Enquiry set up by the Ekiti State government to probe financial transactions in the administration of Dr. Kayode Fayemi as the ...

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2017 budget: FG to release N350bn for capital projects

The Federal Government is set to release the first tranche of capital release of N350bn to Ministries, Departments and Agencies (MDAs) of government for implementation ...

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