30 results
- 11 Dec 2018
Ayeni, Former Skye Bank Chairman @ EFCC Custody over Alleged Fraud
Mr Tunde Ayeni, former chairman of the defunct Skye Bank Plc, was on Tuesday in the custody of the Economic and Financial Crimes Commission (EFCC). While he was at the Abuja office of the…
- 13 Jul 2025
EFCC: Accusations Against Our Chairman Are Baseless and Misleading
Economic and Financial Crimes Commission (EFCC) has strongly denied allegations of lack of integrity and transparency directed at its chairman, Ola Olukoyede, by columnist Steve Osuji. In a statement…
- 24 Apr 2026
EFCC Detains Ayeni, Ex-Skye Bank Chairman over Alleged N36.5Bn, $30m Fraud
Economic and Financial Crimes Commission (EFCC), has detained Tunde Ayeni, former chairman of defunct Skye Bank Plc, for alleged fraud involving N36.5 billion and $30 million. Tunde Ayeni, former…
- 15 Jul 2026
Court Grants Former CCT Chairman Danladi Umar N100m Bail Over EFCC Charges
A Federal Capital Territory (FCT) High Court sitting in Maitama has granted bail to former Chairman of the Code of Conduct Tribunal (CCT), Mr Danladi Umar, in the sum of N100 million with one surety…
- 18 May 2026
EFCC Which Handles Sensitive Data, Financial Records has No Privacy Policy on Website- FiJ
Economic and Financial Crimes Commission (EFCC) does not currently maintain a public privacy policy on www.efcc.gov.ng , its official website. Ola Olukoyede, EFCC chairman, EFCC This is despite…
- 23 Sept 2020
Magu, Suspended EFCC Boss Says He Never Received Bribe all His Life
Ibrahim Magu, suspended acting chairman, Economic and Financial Crimes Commission, (EFCC), on Wednesday said he has never received bribe all his life. brahim Magu, suspended chairman, EFCC Magu was…
- 20 Sept 2016
Banks, Staff Conceal Funds for Looters- EFCC
Ibrahim Magu, chairman, Economic and Financial Crimes Commission (EFCC) has accused banks and some of their officials of helping looters of national treasury conceal stolen wealth. Magu, said it was…
- 1 Feb 2018
Court Okays Senate’s Rejection of Magu as EFCC Boss
The fate of Mr. Ibrahim Magu, embattled acting chairman, Economic and Financial Crimes Commission (EFCC), may have been sealed Thursday when a Federal High Court in Abuja ruled that the Senate is…
- 7 Apr 2019
Foreigners Sponsor Terrorism Through Nigerian Banks- EFCC
Ibrahim Magu, acting chairman, Economic and Financial Crimes Commission (EFCC), has alleged that recent discovery by the Commission showed that some foreign nationals sponsor terrorism through banks…
- 26 Apr 2019
Fraudsters Now Working inside Banks- EFCC Boss
Ibrahim Magu, acting chairman, Economic and Financial Crimes Commission (EFCC), has claimed that fraudsters now work in Nigerian banks and also accused banks of conniving with Bureau De Change…
- 22 Oct 2024
Nigeria Lost over $500m to Cybercrime in 2022 - EFCC
Economic and Financial Crimes Commission (EFCC) has raised the alarm over the dangers of cybercrime, saying Nigeria lost over $500 million to it in 2022. Ola Olukoyede, chairman, EFCC, who spoke on…
- 4 Jun 2018
Some Nigerian Banks Weak, May Collapse—Magu
Economic and Financial Crimes Commission (EFCC), has raised an alarm over the health of some Deposit Money Banks (DMBs) operating in the country. Mr Ibrahim Magu, acting chairman, EFCC, who…
- 8 Apr 2024
Betta Edu: N30bn recovered, 50 bank accounts under investigation - EFCC
Ola Olukoyede, Chairman of the Economic and Financial Crimes Commission (EFCC), says N30billion has so far been recovered for the Federal Government while it has also placed 50 bank accounts under…
- 20 Jan 2015
UK, EFCC Probe Govs, Ministers
Ibrahim Larmorde, chairman, Economic and Financial Crimes Commission (EFCC) has said that the commission and the United Kingdom’s Metropolitan Police are investigating some serving and former…
- 8 Aug 2014
EFCC Partners NCC on Corruption
Ibrahim Lamorde chairman of the Economic and Financial Crimes Commission (EFCC), has commended the partnership between the EFCC and the Nigerian Communication Commission (NCC), in the fight against…
- 19 Sept 2013
How Ibori Gave me $15m Cash Bribe, Ribadu Tells UK Court
Malam Nuhu Ribadu, former chairman, Economic and Financial Crime Commission (EFCC), on Thursday told the British court hearing the ongoing asset confiscation of James Ibori, convicted former…
- 10 Jul 2025
EFCC Recovers Funds Lost to CBEX Fraud
Ola Olukoyede, chairman, Economic and Financial Crimes Commission (EFCC), has announced that the body has recovered lost funds from the CBEX fraud scheme. Olukoyede did not announce the amount…
- 19 Feb 2019
Court Orders EFCC to Release of Ayeni, Ex-Skye Bank Chairman
Justice Yusuf Halilu of an Abuja High Court on Tuesday ordered the Economic and Financial Crimes Commission (EFCC) to immediately release detained Tunde Ayeni, former chairman of Skye bank, from its…
- 26 Oct 2009
EFCC Terminates 800 E-Mail Accounts
The Economic and Financial Crimes Commission (EFCC) has terminated over 800 scam e-mail a and busted 18 fraudsters, in a renewed fight against cyber-crime. Farida Waziri, EFCC chairman disclosed this…
- 11 Jul 2025
EFCC Says Corrupt Politicians are Using Crypto Wallets to Launder Money
Ola Olukoyede, chairman, Economic and Financial Crimes Commission (EFCC), has raised the alarm that some corrupt Nigerian politicians are now hiding their illicit wealth in cryptocurrencies to evade…
- 9 Aug 2020
Magu Probe: Bank CEO Claims N573m Prongly Posted to Prophet Omale’s Account
The Ayo Salami-led panel probing allegations of corruption against, Ibrahim Magu, suspended chairman, Economic and Financial Crimes Commission (EFCC) was stunned on Thursday when Adam Nuru, MD/CEO of…
- 21 Dec 2017
Senate Sacks Magu as EFCC Boss
Senator Samuel Anyanwu, chairman, Senate Committee on Public Petitions, Ethics and privledges has stated that Nigeria Senate no longer regard Mr. Ibrahim Magu as Acting Chairman of Economic and…
- 30 Apr 2026
EFCC Warns Fintech Firms over Rising Fraud, Ransom Payments
Mr. Ola Olukoyede, chairman, Economic and Financial Crimes Commission (EFCC), has called on financial technology companies in Nigeria to strengthen their systems and safeguard their platforms against…
- 26 Oct 2016
Buhari Orders EFCC to Probe His Ministers, Others
Ibrahim Magu, chairman of the Economic and Financial Crime Commission (EFCC), has said that his agency has the mandate of the federal government to investigate and prosecute every government…
- 26 Dec 2017
Confusion as Magu Lays Claims to EFCC Sit
Economic and Financial Crimes Commission (EFCC) has denied report that Ibrahim Magu, its acting chairman, would be removed as the head of the anti-graft agency. The agency was reacting to…
- 5 Mar 2024
Banking Sector Becoming Cesspool of Financial Crimes- EFCC
Economic and Financial Crimes Commission (EFCC), has revealed that approximately 70 percent of financial crimes in Nigeria are connected to banks. Ola Olukoyede, chairman, EFCC, stated this during…
- 6 Aug 2025
Olukoyede, EFCC Chair Denies Forcing Ojulari to Resign as NNPC Boss
Ola Olukoyede, executive chairman, Economic and Financial Crimes Commission (EFCC), has denied claims that he compelled Bayo Ojulari, group chief executive officer, Nigerian National Petroleum…
- 11 Oct 2021
Why EFCC is Pressing ahead with Directive to Bankers on Asset Declaration– Bawa
Abdulrasheed Bawa, chairman, Economic and Financial Crimes Commission (EFCC), has said that the anti-graft agency’s directive to bankers to declare their assets was not to witch-hunt them but to save…
- 20 Jul 2013
Lamorde, EFCC Boss Asks New Recruits to Uphold Values
Ibrahim Lamorde, chairman, Economic and Financial Crimes Commission (EFCC) has charged the newly recruited operatives of the Commission to uphold the tenet and core values of the Commission. “The…
- 14 Jul 2021
EFCC Launches Eagle Eye App for Online Reporting of Economic Crimes
Economic and Financial Crimes commission, (EFCC), has launched Eagle Eye, an App, designed to ease the process of reporting economic and financial crimes in Nigeria. Abdulrasheed Bawa, executive…