30 results
- 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…
- 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…
- 11 Feb 2019
Magu, EFCC Boss Accuses 10 Banks of Money Laundering
Ibrahim Magu, acting chairman, Economic and Financial Crimes Commission (EFCC), has accused 10 commercial banks of money laundering. Magu, who stated, while speaking at a round table meeting…
- 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…
- 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…
- 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…
- 15 Feb 2019
EFCC Asks Banks to Report Suspicious Transactions to it
Mr Ibrahim Magu, acting chairman, Economic and Financial Crimes Commission (EFCC), has asked financial institutions in the country to report any suspicious transactions to the agency. Mr Magu…
- 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…
- 3 Apr 2019
Magu, EFCC Boss Goes Tough on Banks over PND Order
Ibrahim Magu, acting chairman, Economic and Financial Crimes Commission (EFCC), has called on banks to be wary of “dubious individuals or groups within and outside their establishments” who abuse…
- 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…
- 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…
- 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…
- 8 Feb 2016
EFCC Goes After Okonjo- Iweala, Diezani, Aluko
Ibrahim Magu, chairman of the Economic and Financial Crimes Commission (EFCC), has said that former minister of Finance and Petroleum Resources, Dr. Ngozi Okonjo-Iweala and Diezani Alison-Madueke…
- 25 Jun 2018
EFCC, FBI Partner to Fight Cybercrime
“Trends in global security denote that cyber crimes is the latest form of terrorism and corruption and this is a growing concern affecting all nations in the 21st century”. Ibrahim Magu, Acting…
- 8 Oct 2016
Buhari Asks EFCC to Probe His Children if Found Corrupt
President Muhammadu Buhari has got sterner with his war against corruption as he has reportedly told the Economic and Financial Crimes Commission (EFCC) and other anti-graft agencies to probe even…
- 15 Nov 2019
ALMPO announces theme, speakers for Mobile Money conference 2019
The Association of Licensed Mobile Payment Operators (ALMPO) is set to host the 2019 Mobile Money Conference. The theme for this year’s event is; Mobile Money: “Beyond Payments” . The august event is…
- 24 Nov 2019
Eziukwu, Group CEO BlueTag to Keynote 2019 Mobile Money Conference
Mr. Uzo Eziukwu, group ceo, BlueTag Group, has been scheduled to present the keynote presentation as the Association of Licensed Mobile Payment Operators (ALMPO) is set to host the 2019 Mobile Money…
- 20 Jun 2017
NITDA, EFCC Forge Alliance, Tighten Noose on IT Procurement Racketeers
National Information Technology Development Agency (NITDA) and the Economic and Financial Crime Commission (EFCC) have forged alliance in order to strengthen the anti-corruption war especially on the…
- 19 Oct 2016
EFCC Lobbies for Percentage of Recovered Loots
Economic and Financial Crimes Commission (EFCC) has urged a review of Nigerian laws to enable anti-graft agencies in the country retain a percentage of the loot recovered to fund their operations. Mr…
- 20 Apr 2021
Terrorism Tag: Wike Asks Panami to Resign Now
Nyesom Wike, governor of Rivers has asked Dr. Isa Pantami, minister of Communications and Digital Economy to resign immediately irrespective of his recent volte-face. Chief Nyesom Wike The Governor…
- 5 Feb 2018
Egmont May Expel NFIU, Blacklist Nigerian Credit Cards
Nigerians may no longer be able to carry out international transactions as Egmont Group is considering expelling the Nigerian Financial Intelligence Unit (NFIU) because of governance issues. …
- 27 Nov 2017
NITDA Clears EFCC, NFIU’s ICT security, Systems Infrastructure Upgrade
By peter oluka The National Information Technology Development Agency (NITDA) has cleared the ICT Security and Systems Infrastructure Upgrade project of the Economic and Financial Crimes Commission…
- 20 Jan 2017
EFCC, SEC Join Hands to Fight MMM, Others
Economic and Financial Crimes Commission (EFCC), and the Securities and Exchange Commission, (SEC), on Thursday in Abuja vowed to clamp down on fraudulent operators in the Nigerian capital market.…
- 15 Aug 2017
EFCC Steps up Fight Against Cybercrime, Arrest Over 100
Over 100 undergraduates of tertiary institutions across Southwest have been detained for various cybercrimes by the Ibadan Zonal office of the Economic and Financial Crimes Commission (EFCC), it was…
- 7 Aug 2017
AMCON, EFCC to Raid Banks over Debts
Asset Management Corporation of Nigeria (AMCON), says it is collaborating with the Economic and Financial Crimes Commission (EFCC) as strategy to recover N4.6 billion from debtors across the country.…
- 11 Jun 2019
Buhari Mulls Sanction for Bankers, Others Aiding Corrupt Practices
President Muhammadu Buhari, has said that his administration will ensure effective asset declaration by public office holders and ensure sanctions by professional bodies against lawyers, bankers,…
- 15 Sept 2019
James Agada to Keynote South East Cyber Security Conference
Techcode Nigeria Limited, Organisers of South East Cybersecurity Conference, dubbed SECYCONE, has disclosed that Dr. James Agada, former chief executive officer, CWG Plc., will deliver keynote…
- 19 Dec 2016
SEC Seeks EFCC’s Support to Curb Market Infractions
The Securities and Exchange Commission (SEC) says it is working on a memorandum of understanding (MOU) with the Economic and Financial Crimes Commission (EFCC) to address some of the infractions…
- 31 Dec 2019
Shehu Sani in Trouble for Allegedly Collecting Money for Magu, EFCC Boss
Economic and Financial Crimes Commission (EFCC) has confirmed the arrest of Shehu Sani, former senator representing Kaduna Central for allegedly collecting money from Sani Dauda, chairman and CEO of…