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Money Laundering

Brain Drain Fears Grow as Nigerian Scientists Exit

Nigeria scientific community warns that rising migration of Nigerian scientists could weaken research capacity and slow innovation if funding and policy reforms stall.

Naira Gains N11 at Official FX Market

The naira strengthened at the official market, gaining N11 as improved liquidity and steady inflows supported confidence in Nigeria currency outlook.

Court Mandates EFCC to Free Detained Socialite in High-Profile Corruption Case

KEY POINTS A Federal High Court ordered the EFCC to release businesswoman Aisha Achimugu...

Lagos Socialite E-Money Released After EFCC Interrogation

KEY POINTS E-Money was released after EFCC interrogation over alleged Naira abuse and defacing...

Businesswoman Aisha Achimugu Begins Hunger Strike

KEY POINTS Businesswoman Aisha Achimugu declared a hunger strike after her arrest by the...

Court Orders Aisha Achimugu to Face EFCC Over $25.3 Million Oil Block Probe

KEY POINTS Aisha Achimugu faces court-ordered questioning by the EFCC over alleged money laundering...

Three Nigerians Plead Guilty to $4.5 Million US Money Laundering Scheme

KEY POINTS Three Nigerians admitted laundering $4.5M via romance/BEC scams, targeting 125+ victims in...

Customs Intercepts $193,000 Concealed in Yogurt Carton

KEY POINTS The Customs authorities discovered $193,000 worth of concealed funds concealed inside a...

Court Overrules Yahaya Bello as EFCC Opens N110bn Fraud Trial

Judicial authorities rejected Yahaya Bello's legal challenge while granting EFCC authority to pursue its N110bn fraud case.

Fintech Firms to Resume Customer Enrollment After Regulatory Pause

Nigerian fintech companies will be allowed to resume enrolling new customers in a few months, according to the Central Bank of Nigeria (CBN). The CBN had suspended new customer onboarding in April to address concerns about money laundering.

EFCC Reopens Money Laundering Cases Against 13 Ex-Governors

Nigeria's Economic and Financial Crimes Commission (EFCC) has reopened money laundering cases against 13...

Former Minister Sadiya Umar-Farouq Fails to Appear at EFCC Amid ₦37.1bn Fraud Probe

Sadiya Umar-Farouq, former minister, leaves EFCC waiting, declining ₦37.1bn fraud inquiry appearance, stirring concerns over her non-attendance.

Latest articles

Brain Drain Fears Grow as Nigerian Scientists Exit

Nigeria scientific community warns that rising migration of Nigerian scientists could weaken research capacity and slow innovation if funding and policy reforms stall.

Naira Gains N11 at Official FX Market

The naira strengthened at the official market, gaining N11 as improved liquidity and steady inflows supported confidence in Nigeria currency outlook.

Oil Prices Rise as Supply Risks Keep Markets Alert

Crude oil prices moved higher as traders weighed tightening supplies, geopolitical risks, and steady demand signals across major energy consuming economies worldwide.

Nigerian industrialist Emmanuel Nuel Ojei dies at 74

Emmanuel Nuel Ojei, founder of Nuel Ojei Holdings, has died at 74, ending a business career defined by discipline, mentorship and long term impact.