Tag "EFCC"

    Obasanjo: EFCC has become a toothless bulldog

Obasanjo: EFCC has become a toothless bulldog

Former President Olusegun Obasanjo has described the Economic and Financial Crimes Commission (EFCC) as a “toothless bulldog”.Obasanjo, who established the anti-graft agency in 2003, said  the commission recorded tremendous achievements under Nuhu Ribadu, its pioneer chairman.He was speaking in Abeokuta, Ogun state capital, on Saturday during an occasion to commemorate his 79th birthday.“When Nuhu Ribadu was handling the EFCC, he [...]

1 comment Read Full Article
    EFCC to file fresh charges against Tarfa, Nwobike

EFCC to file fresh charges against Tarfa, Nwobike

Rickey Tarfa and Joseph Nwobike, both senior advocates of Nigeria, have been accused by the Economic and Financial Crimes Commission (EFCC) of bribing judges with millions of naira to influence court decisions. In a statement by Wilson Uwuajaren, the EFCC spokesperson, the anti-graft agency said Tarfa and Nwobike will be arraigned in a Lagos state high court. Tarfa will be tried for [...]

0 comment Read Full Article
    EFCC arrests Ebonyi speaker for ‘N60m fraud’

EFCC arrests Ebonyi speaker for ‘N60m fraud’

The Economic and Financial Crimes Commission (EFCC) says it has arrested Ogbonnaya Francis Nwaifuru, speaker of the Ebonyi state house of assembly.According to a statement issued by Wilson Uwujaren, EFCC spokesman, Nwaifuru was picked up at 11am on Friday at Akanu Ibiam International Airport, Enugu, after he spurned two previous invitations by the agency."Nwaifuru was first invited on October [...]

2 comments Read Full Article
    Court strikes out Badeh’s bail bid

Court strikes out Badeh’s bail bid

A federal high court in Abuja has struck out the bail application by Alex Badeh, former chief of defence staff, who is currently in custody of the Economic and Financial Crimes Commission (EFCC).James Tsoho, a judge, held that since there was a subsisting remand order, which has not been set aside by a magistrate court in Lagos, he would not give [...]

0 comment Read Full Article
    Dasuki loses fresh bid to stop trial

Dasuki loses fresh bid to stop trial

Peter Affen, a justice of the federal capital territory (FCT) high court, has dismissed the application of Sambo Dasuki, former national security adviser (NSA), to stop his trial pending his release by the federal government.Affen held that Dasuki was unable to prove that he was being held by the Economic and Financial Crimes Commission (EFCC) – the prosecutor – after an [...]

0 comment Read Full Article
    Magu asks journalists to monitor EFCC

Magu asks journalists to monitor EFCC

Ibrahim Magu, chairman of the Economic and Financial Crimes Commission (EFCC), has appealed to journalists to monitor the activities of the EFCC with a view to providing useful suggestions on how to correct its mistakes and shortcomings.Magu said this on Thursday when he paid a courtesy visit to the NUJ Press Centre in Kano.He also solicited the support of journalists [...]

0 comment Read Full Article
    Secondus blames ‘a minister from Rivers’ for EFCC ordeal

Secondus blames ‘a minister from Rivers’ for EFCC ordeal

Uche Secondus, deputy national chairman of the Peoples Democratic Party (PDP), says Chibuike Amaechi, minister of transport, is behind the negative reports of his brush with the Economic and Financial Crimes Commission (EFCC).   Secondus, who was detained by the anti-graft agency for eight days, described his ordeal as a case of persecution.   “On Tuesday 23rd February 2016, I honoured an invitation from [...]

0 comment Read Full Article
    Britain has helped us to ‘touch the untouchables’, says Magu

Britain has helped us to ‘touch the untouchables’, says Magu

[...]

0 comment Read Full Article
    Tarfa: I paid N225,000 to Justice Yunusa’s namesake

Tarfa: I paid N225,000 to Justice Yunusa’s namesake

Rickey Tarfa, a Senior Advocate of Nigeria (SAN), has told a federal high court in Lagos that the controversial N225,000 was paid into the account of Muhammed Yunusa, his former employee, and not that of Justice Mahmud Yunusa.In February, operatives of the Economic and Financial Crimes Commission (EFCC) arrested Tarfa for allegedly shielding two of his clients from justice.The anti-graft [...]

1 comment Read Full Article

Ricky Tarfa: I gave my staff member not judge N225, 000

Ruling in the case of unlawful arrest brought by Rickey Tarfa (SAN) against the Economic and Financial Crimes Commission (EFCC) and three other persons that was billed for Monday suffered a setback owing to the applicant’s attempt to introduce new evidence.Tarfa had approached the court asking it to award N2.5bn as damages against the EFCC over his arrest and detention.At [...]

0 comment Read Full Article
    Badeh  to know fate on bail application next week

Badeh to know fate on bail application next week

The federal high court in Abuja, on Monday reserved March 4 to rule on a bail application filed by Alex Badeh, immediate past chief of defence staff (CDS).Badeh is currently in the custody of the Economic and Financial Crimes Commission (EFCC) over his alleged role in the $2.1 billion arms scandal.John Tsoho, a justice reserved the date after counsel to parties [...]

0 comment Read Full Article
    We’d have to downsize our promises, says Lai

We’d have to downsize our promises, says Lai

Lai Mohammed, the minister of information and culture, says President Muhammadu Buhari's campaign promises were based on $100 per barrel oil, so current realities will make the government fall short of its promises.However, contrary to Mohammed’s claims, the All Progressives Congress (APC) kicked of its full presidential campaign in November 2014, when oil sold at $79 per barrel.In February 2015, [...]

5 comments Read Full Article
    EFCC: Metuh named Jonathan in torn statement

EFCC: Metuh named Jonathan in torn statement

The Economic and Financial Crimes Commission (EFCC) says Olisa Metuh, spokesman of the Peoples Democratic Party (PDP), named former President Goodluck Jonathan in the statement he allegedly destroyed while in custody of the anti-graft agency.Junaid Said, a staff of the commission, told a FCT high court that in the statement, Metuh admitted that he received N400 million arms money, which was [...]

0 comment Read Full Article
    Absence of EFCC document stalls Metuh’s trial

Absence of EFCC document stalls Metuh’s trial

The failure of the Economic and Financial Crimes Commission (EFCC) to produce a required document – a written testimony of its prosecution witness, Junaid Saeed – compelled the federal capital territory high court trying  Olisa Metuh, the Peoples Democratic Party (PDP) national publicity secretary, on charges of destruction of evidence while in EFCC custody, to adjourn to March 16.Saeed, a detective at [...]

0 comment Read Full Article
    CBN lists solutions to BVN registration challenges

CBN lists solutions to BVN registration challenges

The Economic and Financial Commission (EFCC) has a role to play in the closure of the bank accounts without bank verification numbers (BVN), the central Bank (CBN) has confirmed.In this circular, the CBN explained the role of the EFCC’s financial intelligence unit, while clarifying other matters arising from BVN registration.FULL TEXT OF CIRCULARYou will recall the CBN issued a circular [...]

0 comment Read Full Article
    Keyamo asks police to disregard senate’s threat against Lamorde

Keyamo asks police to disregard senate’s threat against Lamorde

Festus Keyamo, counsel to Ibrahim Lamorde, former acting chairman of the Economic and Financial Crimes Commission (EFCC), has asked the police to disregard the threat of the senate to issue a warrant for the arrest of Lamorde.On Thursday, the senate committee on ethics, privileges and public petitions, directed Samuel Anyanwu, its chairman, to request the warrant from the senate president.The [...]

0 comment Read Full Article
Advertisement
Advertisement
Advertisement

Advertisement

Exchange Rates

December 05, 2019USDGBPEUR
INTERBANK306397354
LAGOS355444389
KANO354445370
PH355447412
ABUJA356454413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement