Author: editor

Nigerian Banking Sector Braces for Regulatory Shake-Up – longform content (~600 words)

Oil Prices Surge Amid OPEC+ Production Cuts – longform content (~600 words)

Global Markets React to US Fed’s Interest Rate Policy – longform content (~600 words)

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede has described elaborate reforms as the panacea to investment risks across the African continent. He made this disclosure on Friday, September 19, 2025 in Washington DC, United States of America at the EBII Group African Leaders & Partners Forum. According to him, lowering investment risks in Africa requires broad-based and radical reforms that would make the continent a beautiful bride to investors around the world. “De-risking Africa requires us to pay attention to reforms to improve the ease of doing business, respect for the rule of…

A coalition of civil society groups under the banner of the National Interest Coalition staged a large protest in Abuja on Monday against what they described as a “grand plot” by senior public officials to derail President Bola Tinubu’s anti-corruption agenda and weaken the Economic and Financial Crimes Commission (EFCC). The demonstration began after a press conference convened by the group in the Central Area and proceeded through the Three Arms Zone home to the Presidential Villa, National Assembly, and Supreme Court before ending at the EFCC headquarters in Jabi. Led by Comrade Bashir Abdu, the protesters carried placards, chanted…

A coalition under the aegis of the National Interest Coalition (NICO) has raised alarm over what it described as a grand conspiracy by some embattled top government office holders to derail President Bola Ahmed Tinubu’s anti-corruption fight and destabilise the leadership of the Economic and Financial Crimes Commission (EFCC). The group alleged that the plot, backed by ₦5 billion, was designed to blackmail EFCC Chairman Olanipekun Olukoyede and smear the anti-corruption drive of the Tinubu administration. Addressing journalists in Abuja during a solidarity march and world press conference on Monday, NICO leader, Comrade Bashir Abdu, said those behind the alleged…

The Economic and Financial Crimes Commission, EFCC and the Presidential Economic Advisory Council, Presidential Foreign Intervention Promotion Council have forged a stronger collaborative pact to improve on foreign direct investment drives into the country. The agreement was made in Abuja on Thursday, September 4, 2025 when the Director General of the Council, Prince Adeniyi Adeyemi, led his management team on a courtesy visit to the EFCC’s Executive Chairman, Ola Olukoyede at the Commission’s corporate headquarters. Adeyemi disclosed that the parley was necessary to evaluate the integrity of the investing members of the public preparatory to World Investment Summit to be…

The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, on Wednesday , August 27, 2025, secured the conviction and sentence of three internet fraudsters before Justice D.I.Dipeolu of the Federal High Court sitting in Ikoyi, Lagos. The convicts are: Shodeinde Taiwo Samuel, Oyetunde Eniola Ayomide and Akinola Samuel Bolutife. They are among the 93 suspected fraudsters arrested in a sting operation on Sunday, August 10, 2025 at a hotel within the precincts of Olusegun Obasanjo Presidential Library, OOPL, Abeokuta, Ogun State. They were arraigned on Wednesday, August 27, 2025, on a one-count charge bordering on impersonation,…

Justice Dehinde Dipeolu of the Federal High Court in Lagos on Tuesday ordered the final forfeiture of 245,568,137 shares, valued at over N5 billion, traced to Major General Umar Mohammed, former Group Managing Director of Nigerian Army Properties Limited (NAPL), and businessman Kayode Oladipupo Filani. The order followed an application by the Economic and Financial Crimes Commission (EFCC), which alleged that the shares were acquired with proceeds of unlawful activities during Mohammed’s tenure as head of the Army’s property company. EFCC counsel, Hanatu Kofanaisa, informed the court that a Special Court Martial had already convicted Mohammed on 14 of 18…

The Economic and Financial Crimes Commission (EFCC) on Monday secured the conviction of five internet fraudsters before Justice D.I. Dipeolu of the Federal High Court, Ikoyi, Lagos. The convicts, Christian Okoli, Adeleye Emmanuel, Akinyele Kehinde Fatai, Shonekan Waris Bolaji, and Olufemi Korede Ayomiposi were among 93 suspects arrested on Sunday, August 10, 2025, during a sting operation at a hotel within the precincts of the Olusegun Obasanjo Presidential Library (OOPL), Abeokuta, Ogun State. They were arraigned on separate one-count charges bordering on impersonation, identity theft, and internet fraud. All five pleaded guilty to the charges. In the case of Christian…