• Colors: Cyan Color

By Celestine Okafor (Editor-in-Chief)

The Economic and Financial Crimes Commission, EFCC, has applauded the move by the Central Bank of Nigeria, CBN, to redesign and reissue higher denominations of the Nigerian Currency, the Naira. Speaking at a press briefing today, October 26, 2022, the CBN Governor, Godwin Emefiele announced that the apex bank had obtained the approval of President Muhammadu Buhari to resign and issue new N200, N500 and N1000 notes that shall come into circulation by the 15th of December, 2022.

By Farouk Bello Abdulrahman (Jigawa State Correspondent)

The October 13, 2022 ruling of the Federal High Court Dutse, striking out the money laundering charges brought against Saminu Turaki, a former governor of Jigawa State by the Economic and Financial Crimes Commission (EFCC) does not amount to an acquittal.

By Chinwendu Agoha (Governance Reporter)

In a verdict that vindicated former Acting Chairman of EFCC, Ibrahim Magu, for his selfless service to the country, a High Court of the Federal Capital Territory (FCT) has ordered FCMB to pay N540,500,000.00 in damages to Pastor Emmanuel Omale of the Divine Hand of God Prophetic Ministry and his wife, Deborah, over false claim that he laundered N573million for Magu.

By Celestine Okafor (Editor-in-Chief) @CelestineOkaf11

The Independent Corrupt Practices and Other Related Offences Commission (ICPC), in collaboration with the Office of the Secretary to the Government of the Federation (OSGF) and the Joint Admissions and Matriculation Board (JAMB) is set to organize the 4th National Summit on Diminishing Corruption in the Public Sector on Tuesday, October 4, 2022, at the State House Conference Centre, Abuja.

By Celestine Okafor (Editor-in-Chief) @CelestineOkaf11

The Economic and Financial Crimes Commission (EFCC), said the attention of the Commission has been drawn to some reports in the media, alleging that, the Federal High Court, FHC, sitting in Abuja, on Monday, September 26, 2022, “ struck out a suit filed by the Commission against former National Publicity Secretary of the People’s Democratic Party, PDP, Olisa Metuh, for retrial.

By Celestine Okafor (Editor-in-Chief) @CelestineOkaf11

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, has commended President Muhammadu Buhari for the strong political will he has demonstrated in tackling the menace of illicit financial flows, IFFs, and other acts of corruption. He gave the commendation on Saturday, September 24, 2022, in New York, United States of America, while serving as a panelist at a High-Level Side Event, at the margins of at the 77th Session of the United Nations General Assembly, UNGA. According to him, there are four critical factors in dealing with the problem of IFFs: political will, necessary legal framework, the capacity of those saddled with the responsibility of enforcing the required laws, and the fear of God. Of these factors, he said Buhari's political will, is second to none.

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