EFCC: $160bn Lost to Global Crypto Fraud

EFCC: $160bn Lost to Global Crypto Fraud

Criminal networks laundered or stole more than $160 billion through cryptocurrency transactions in 2025. Ola Olukoyede, chairman of the Economic and Financial Crimes Commission (EFCC), revealed these figures at a United Nations summit in Abuja. He warned that digital assets like Bitcoin now serve as the primary vehicle for moving illicit funds across borders. Weak…

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Former Acting Accountant-General Bags 72 Years Jail Term 

The Economic and Financial Crimes Commission has secured the conviction and sentencing of Chukwunyere Anamekwe Nwabuoku, a former Acting Accountant-General of the Federation, who was handed 72 years imprisonment for money laundering involving N868.46 million. The Federal High Court in Abuja delivered the judgment following Nwabuoku’s prosecution on nine amended counts of money laundering. The…

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FCT Elections: INEC Mandates Anti-Graft Agencies to Halt Vote Selling

  The Independent National Electoral Commission has directed anti-corruption agencies to station personnel at polling units during Saturday’s Federal Capital Territory Area Council elections, with orders to make immediate arrests of anyone caught buying or selling votes. INEC Chairman Prof. Joash Amupitan, SAN, delivered the warning at a stakeholders’ meeting in Abuja on Wednesday, describing…

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Shehu Sani Demands EFCC Probe El-Rufai’s 8-Year Rule Over Billions in Alleged Fraud

A former Kaduna Central Senator, Shehu Sani, has called for a comprehensive investigation into the eight-year administration of former Governor Nasir El-Rufai, alleging financial impropriety, abuse of office, and widespread hardship during his tenure from 2015 to 2023. Sani made the call at a press conference in Kaduna on Sunday, urging security and anti-corruption agencies…

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“It’s Only a Matter of Time Before They Arrest Me” — El-Rufai

  Former Kaduna State Governor, Nasir El-Rufai, has raised alarm over his alleged imminent arrest by the Federal Government, asserting that recent developments indicate he may be the next target. Speaking during an interview with BBC Hausa on Wednesday, El-Rufai expressed concerns about what he called growing political intimidation directed at opposition figures, especially those…

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‘I Backed Obi Last Term, I’ll Oppose Him Next’ — Cubana Chief Priest Confirms Political Shift

  Celebrity barman Pascal Okechukwu, known widely as Cubana Chief Priest, has publicly declared he will not support Peter Obi in the 2027 presidential election, signalling a definitive break from the former Anambra State governor whose 2023 campaign he actively backed. The socialite and nightlife entrepreneur made the announcement during an Instagram exchange with followers…

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