The Latest Breaking News from EFCC

Nigeria deports 60 Chinese, 39 Filipino convicted in crypto romance scams

Country steps up crackdown on online scammers, who lure victims to invest in fake cryptocurrency investments.

Al Jazeera · Aug 22, 2025

CBEX Crypto Scam: AI-hyped Ponzi Scheme Defrauds African Investors

Embarrassed and in debt, Edwin was left reeling after losing $16,000 to CryptoBridge Exchange (CBEX), one of the crypto-trading platforms preying on investors in Africa.

International Business Times · Jul 1, 2025

‘I invested in a Ponzi scheme’: Nigerians fall victim to crypto scams

Experts say financial illiteracy, lax regulations, greed, economic hardship make people susceptible to scam companies.

Al Jazeera · Jun 11, 2025

Binance executive denied bail in Nigeria over money laundering charges

Tigran Gambaryan faces allegations of ‘serious criminality’ on behalf of world’s largest cryptocurrency exchange

The Guardian - UK · May 17, 2024

New millionaires, new music: How cybercrime was codified into Afrobeats

Late US official Colin Powell’s dance 15 years ago was a seminal moment for Afrobeats, long before its global success.

Al Jazeera · Oct 2, 2023

The rise, fall and rise again of Nuhu Ribadu, Nigeria’s new security chief

Will Ribadu, celebrated in his first stint in government, succeed in his second or see his reputation dip again?

Al Jazeera · Aug 8, 2023

Nigeria’s President Tinubu suspends anti-corruption agency head

The previous four anti-corruption heads have also been involved in controversies that led to their removal.

Al Jazeera · Jun 15, 2023

Nigeria’s presidential election marked by long delays

Election officials cited technical problems and the absence of voter registers as causes of the delays.

Al Jazeera · Feb 25, 2023

Online fraudsters, colonial legacies and the north-south divide in Nigeria

Millions of people with email accounts have undoubtedly encountered fraudulent emails that originate from Nigeria. Online fraudsters from the huge west African nation are also known as Yahoo Boys.

The Conversation · Aug 23, 2022

Nigeria's accountant general faces corruption charges after arrest

Nigeria's economic crimes agency said on Monday night it had arrested the country's accountant general over charges of diverting public funds and money laundering to the tune of 80 billion naira ($193 million).

Reuters · May 16, 2022