Author: Staff Editor
The African Students Union Parliament (ASUP), on Friday, August 21, 2026, commended the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, for his leadership and efforts in the fight against corruption and economic and financial crimes in Nigeria. The students presented Olukoyede with the Pan-African Leadership Hall of Fame Award as Africa’s Patriotic Icon of Integrity and Leadership during a courtesy visit to the Commission’s Corporate Headquarters. Speaking on behalf of the delegation, the Nigerian representative of ASUP, Comrade James Uneze, said the award was in recognition of Olukoyede’s contributions to nation-building and his efforts…
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has ordered the withdrawal of charges preferred against Maryam Isah Shehu and Abubakar Shuraim Abdulhamad, who were arraigned on Thursday, August 21, 2026, before Justice Joyce Abdulmalik of the Federal High Court, Abuja, over alleged cybercrime and the dissemination of malicious information against the Commission. While the Commission considered the arraignment of the two defendants for alleged cyberstalking under Section 24(2)(c) of the Cybercrimes (Prohibition, Prevention, Etc.) Act, 2015, as amended in 2024, and punishable under Section 24(2)(c)(ii) of the same Act, the Executive Chairman nonetheless…
The Economic and Financial Crimes Commission (EFCC) has arraigned Maryam Isah Shehu and Abubakar Shuraim Abdulhamad before Justice Joyce Abdulmalik of the Federal High Court, Abuja, over alleged cybercrime and the peddling of malicious information against the Commission. While Shehu was arraigned on Thursday, August 20, 2026, on an amended one-count charge bordering on cybercrime and wilful character assassination of the Commission through her Instagram handle, Abdulhamad was arraigned on a one-count charge bordering on cybercrime and the criminal fabrication of the identity of the EFCC. The charge against Shehu reads: “That you, Maryam Isah Shehu, on or about the…
The National Drug Law Enforcement Agency (NDLEA) has opposed the bail applications filed by 10 defendants standing trial over the alleged operation of a clandestine methamphetamine laboratory in a forest in Ogun State, describing them as flight risks who could evade trial if released. Justice Akintayo Aluko of the Federal High Court in Lagos, after hearing arguments from both sides, adjourned until September 2, 2026, for ruling on the defendants’ bail applications. The defendants are Anochili Innocent, Juan Carlos Meza Torrero, Nemecio Martinez Felix, Jesus Lopez Valles, Nwankwo Sunday Christian, Egwuonwu Uchenna Victor, Igwe Abuchi Remijus, Ifeanyichukwu Chibuike Joshua, Omonughwa…
The Abuja Zonal Directorate of the Economic and Financial Crimes Commission (EFCC), on Tuesday, August 18, 2026, arraigned three alleged land grabbers and two companies before Justice Ngozika C. Nwabulu of the Federal Capital Territory (FCT) High Court, Maitama, Abuja. The defendants are Paul Olufemi Ogunlana, Olaniyi Rufai, Dauda Bashir, Unified Luxury Homes Limited and Utopian Planning Ltd. The defendants allegedly defrauded one Lucky U. Odigie of ₦23,000,000 (Twenty-Three Million Naira) after allegedly presenting themselves as owners of a parcel of land and obtaining the money from him under false pretences. According to the petitioner, the defendants and their companies…
The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 2, on Thursday, August 20, 2026, arraigned the Chief Executive Officer (CEO) of Brookfield Group Holdings, Olatunji Oluwaseun Adebola, also known as Whitelion, before Justice C. Ngozi of the Federal Capital Territory (FCT) High Court sitting in Maitama, Abuja, over an alleged ₦990,000,000 (Nine Hundred and Ninety Million Naira) fraud. Adebola, alongside his company, Brookfield Mining Limited, was arraigned on a four-count charge bordering on conspiracy, obtaining money by false pretence and dishonest misappropriation of funds amounting to ₦990 million. His arraignment followed a petition dated April 6, 2026, filed…
The President of Global Peace Movement International, Dr Mike Uyi, has commended the Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, for what he described as a significant transformation in the Commission’s approach to fighting economic and financial crimes and converting recoveries into tangible national assets. Uyi said the Federal Government’s decision to channel liquid funds recovered by the EFCC to the Nigerian Education Loan Fund (NELFUND) was a strong endorsement of the Commission’s recovery efforts under Olukoyede’s leadership, describing the policy as an investment in Nigeria’s future. According to him, the significance of the decision lies…
The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned two men, Gideon Bakpa Aghogho, a staff member of First City Monument Bank (FCMB), and Oscar Ebere Chukwuebuka, before the Federal High Court in Lagos over alleged unlawful dealings involving the bank’s access credentials. The defendants were arraigned alongside an individual identified as “Scott”, who the prosecution said is currently at large. They were brought before Justice F.S.N. Ogazi on an eight-count charge bordering on conspiracy, unauthorised access to a computer system, unlawful disclosure of access credentials, attempted interception of a network database and retention of proceeds of unlawful acts.…
The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Olanipekun Olukoyede, has led a major breakthrough in the Commission’s ongoing investigation into the alleged criminal aspects of transactions involving Nestoil Limited and a consortium of its lenders. At a meeting convened and chaired by the EFCC Chairman, a structured repayment plan was agreed upon between Nestoil Limited and the consortium of lenders as part of efforts to recover the outstanding indebtedness. The agreement has already yielded significant results, with US$60 million recovered from Nestoil Limited and paid to the consortium of lenders during the course of the investigation.…
Justice A. Aluko of the Federal High Court, Ikoyi, Lagos, on Tuesday, August 18, 2026, convicted and sentenced two persons to six months’ imprisonment each for offences bordering on the unlawful trading of naira notes. The convicts, Mutairu Omowunmi Tawa and Faith Chukwujeku, were separately arraigned by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) on one-count charges each. The charge against Mutairu Omowunmi Tawa reads: “That you, Mutairu Omowunmi, female, on or about the 25th of July, 2026, at Salamagic Event Centre, Onikan, Lagos, within the jurisdiction of this Honourable Court, did sell and…