Thoughts on the Central Bank of Nigeria’s abuse of the naira policy It’s the weekend and you are at an owambe. Your best friend’s cousin’s great uncle’s grandfather’s funeral. He passed on at the very ripe old age of 95 so…
Bobrisky jailed without option of a fine
Justice Abimbola Awogboro of the Federal High Court sitting in Lagos, Friday sentenced controversial cross-dresser, Idris Olanrewaju Okuneye, popularly known as Bobrisky, to six months imprisonment without an option of fine for abusing the Naira. The judge while sentencing the…
EFCC to arraign Bobrisky over alleged N180.7m laundering, abuse of N490k today
The Economic and Financial Crimes Commission (EFCC), will today arraign popular cross-dresser, Idris Okuneye, aka Bobrisky, before a Federal High Court sitting in Lagos over naira abuse and failure to declare his firm’s activities involving N180.7 million. The anti-graft agency…
Bobrisky arrested by EFCC over naira abuse allegations
The Economic and Financial Crimes Commission (EFCC) arrested popular cross-dresser Idris Okuneye, widely known as Bobrisky, in Lagos on Wednesday night. The arrest came following allegations of abuse of naira notes, currency mutilation and spraying of naira notes. The EFCC’s…
NNPC Ltd seeks EFCC’s support in fight against crude oil theft
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has appealed to the Economic and Financial Crimes Commission (EFCC) to help tackle the menace of crude oil theft in the country. The Group Chief Executive Officer of the company, Mr. Mele…
37 suspected Abuja internet fraudsters to face trial
The Economic and Financial Crimes Commission has disclosed that 37 suspected Internet fraudsters arrested by its operatives in different parts of the Federal Capital Territory, Abuja, will be arraigned in court upon the conclusion of an investigation. According to a…
N10bn fraud: Court grants ex-Kwara gov N50m bail
A Federal High Court sitting in Ilorin, Kwara State, has given a N50m bail condition for the embattled former governor of the state, Abdulfatah Ahmed, after he pleaded not guilty to 12 counts bordering on alleged mismanagement of public funds…
Ex-Gov Obiano arraigned over alleged N4bn fraud, pleaded not guilty
The immediate-past governor of Anambra State, Willie Obiano, has pleaded not guilty to the nine charges of money laundering brought against him by the Economic and Financial Crimes Commission (EFCC). According to the charge, Obiano was said to have allegedly…
Group alleges EFCC ‘politically motivated’ to reopen cases against former governors
The Northern Elders Progressive Forum and Northern Professionals Development Group have expressed concerns over “politically motivated media attacks” on former governors in the country by the Economic and Financial Crimes Commission (EFCC). In a communique signed by the Chairman of…
Reform yahoo boys to IT specialists, cyber-security specialist tells EFCC
The Economic and Financial Crimes Commission (EFCC) should devise methods of reorienting arrested, educated online fraudsters, better known as Yahoo Boys, to become information technology specialists. This is according to a cyber-security specialist, Mr. Chidiebere Ihediwa, who believes this strategy…