30 results
- 22 Nov 2024
EFCC Says Nigerian Banks are Notorious Conduits of Financial Crimes
Economic and Financial Crimes Commission (EFCC) has warned banks against making themselves available as instruments of fraud. Ola Olukoyede, charman, EFCC, issued the warning on Friday when 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…
- 28 Mar 2026
Anti Graft Agencies Raise Alarm over Rising Crypto-Linked Financial Crimes
Ola Olukoyede, chairman, Economic and Financial Crimes Commission (EFCC), has raised concerns over the growing threat of cryptocurrency-related crimes in the country. Olukoyede made this known at the…
- 23 Jun 2023
Nigerians Lost N12.5bn to Telecom-based Financial Crimes in 4 Years – NCC
Nigerian Communications Commission (NCC) has revealed that Nigerians have lost about N12.5 billion to financial crimes linked to the telecommunications industry in four years. Dr Al-kasim Umar,…
- 8 Nov 2023
NCC Highlights Role of ICT in Fighting Financial Crimes
Nigerian Communications Commission (NCC) has said effective application of Information and Communication Technology (ICT) is critical in combating financial crimes by enabling real-time surveillance,…
- 22 Nov 2019
NCC Says 150m Nigerians Risk Financial Fraud
Nigerian Communications Commission (NCC) has warned that over 150 million Nigerians in the financial system risk being defrauded through telecommunications platforms. Prof. Umar Danbatta,…
- 28 Apr 2020
Beware of Fake Lockdown Funds, EFCC Warns Nigerians
Economic and Financial Crimes Commission (EFCC) has alerted Nigerians about a fraudulent offer of lockdown palliatives online. The in a statement on Tuesday, cautioned members of the public against…
- 6 Mar 2015
SEC, NFIU to Collaborate to Check Money Laundering, Terrorism Financing
The Securities and Exchange Commission (SEC) and the Nigerian Financial Intelligence Unit (NFIU) of the Economic and Financial Crimes Commission (EFCC) have pledged stronger collaboration to fight…
- 28 Nov 2023
EFCC Warns Nigerians against ATM Card Swap Fraud
Economic and Financial Crimes Commission (EFCC) has alerted Nigerians against unauthorised bank withdrawals linked to Automated Teller Machine (ATM) card swapping fraud. The commission issued the…
- 17 Sept 2025
How Internet Fraudsters are Worsening Visa Restrictions for Nigerians- EFCC
Economic and Financial Crimes Commission (EFCC) has blamed suspects involved in internet fraud and money laundering for subjecting Nigerians to stricter visa restrictions criteria abroad. Ola…
- 8 Jul 2026
How EFCC Turned Recovered Loot Into School Supplies for Thousands of Nigerian Students
Economic and Financial Crimes Commission (EFCC), on Tuesday, July 7, handed over 1,452 items recovered from proceeds of crime to the Federal Ministry of Education to support schools across the…
- 8 Sept 2024
NCC Partners EFCC, Police to Track Identity Thieves
Nigerian Communications Commission (NCC) is working closely with law enforcement agencies such as the Economic and Financial Crimes Commission (EFCC) and the Nigerian Police Force to track and…
- 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…
- 3 Nov 2008
EFCC Warns Banks against Aiding Money Laundering
Farida Waziri, chairman of the Economic and Financial Crimes Commission (EFCC) has challenged Nigerian banks to live up to their responsibility by giving the anti-graft agency genuine information on…
- 19 Nov 2023
Maida Underscores Benefits of using Robust ICT in the Fight Against Financial Crimes
Dr. Aminu Maida, Executive Vice Chairman and CEO of the Nigerian Communications Commission (NCC), has highlighted the pivotal role of Information and Communication Technology (ICT) in combatting…
- 11 Mar 2025
EFCC Uncovers 58 Ponzi Schemes Targeting to Defraud Nigerians
Economic and Financial Crimes Commission (EFCC) has issued a public alert on 58 companies allegedly running illegal Ponzi schemes in Nigeria, warning citizens against investing in them. In a…
- 13 Oct 2008
EFCC, Nipost, Soca Intercept N55 Bn
A tripartite collaboration between Economic and Financial Crimes Commission (EFCC), Nigerian Postal Service (Nipost) and Serious Organized Crime Agency (Soca), a London -based group, specifically…
- 13 Apr 2026
EFCC Warns Banks against Loans without Credible Collateral
Ola Olukoyede, executive chairman, Economic and Financial Crimes Commission (EFCC), has cautioned Nigerian banks against granting loans without credible collateral, warning that such practices often…
- 13 May 2025
EFCC Tells Nigerians to Shun Ponzi Schemes Like CBEX, Others
Economic and Financial Crimes Commission (EFCC) has charged Nigerians to shun Ponzi schemes as many of such schemes have destroyed lives, eroded trust and undermined national development. Aisha…
- 18 Aug 2008
EFCC Gets Data Centre, Thanks EC
The Economic and Financial Crimes Commission (EFCC) has commissioned an ultra modern Data Centre, which will serve as the nerve centre and data bank for the commission, at its headquarters in Abuja.…
- 15 Mar 2016
NIPOST, EFCC Seize Fake Currencies, Money Order worth N83Bn
Nigerian Postal Service (NIPOST working with the Economic and Financial Crimes Commission (EFCC) intercepted fake financial transaction tools such as cheques, International Money Order and credit…
- 6 Mar 2025
FG Partners China to Crack Down on Chinese Nationals in Financial Crimes
Nigeria and China said this week they will cooperate in efforts to crack down on the increasing number of Chinese nationals taking part in financial crimes in the African country. The joint effort…
- 26 Apr 2021
Beware of Schemes that Promises Quick Gains- EFCC
Economic and Financial Crimes Commission (EFCC), on Monday warned Nigerians to be wary of fraudulent schemes that promises quick returns and gains. The commission said it is alarmed at the rate…
- 3 Jul 2026
How Fraudsters Emptied a Judge's Account of N7.2 Million in Midnight Attack
Ola Olukoyede, chairman of the Economic and Financial Crimes Commission (EFCC), has disclosed that the commission recovered more than N7.2 million stolen from the bank account of a serving judge by…
- 13 Nov 2024
EFCC Cracks Down on Currency Racketeering: 50 Convicted
Ola Olukoyede, chairman of the Economic and Financial Crimes Commission (EFCC), says the commission has convicted over 50 persons for currency racketeering and dollarisation of the Nigerian economy…
- 28 Nov 2023
Banks Call for Special Court to Deal with Financial Crimes
Dr Ken Opara, president, Chartered Institute of Bankers of Nigeria (CIBN) has said that there was a need for the creation of a specialised court to exclusively deal with commercial and financial…
- 10 Aug 2016
PIN Seeks Release of Arrested Blogger, Cybercrime Law Review
The arrest of blogger, Abubakar Sidiq Usman, by heavily armed operatives of the Economic and Financial Crimes Commission (EFCC) on Tuesday, August 8, 2016, in his residence has again highlighted the…
- 16 May 2024
SEC Partners EFCC to Tackle Market Infractions
Securities and Exchange Commission (SEC) and Economic and Financial Crimes Commission (EFCC) have announced collaboration to minimise trade manipulations in the virtual sphere. Emomotimi Agama,…
- 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.…
- 20 Jun 2022
EFCC Says Nigerians Losing Interest in Whistleblowing despite Rewards
Economic and Financial Crimes Commission (EFCC) has lamented the loss of interest in the whistleblowing policy of the federal government despite the huge financial reward attached to it. Abdullahi…