Business

EFCC Arrests Ex-Managing Directors Of Port-Harcourt, Warri, Kaduna Refineries Over $2.96billion Financial Scandal

The Economic and Financial Crimes Commission (EFCC) has arrested former managing directors and senior officials of Nigeria’s three major state-owned refineries — Port Harcourt Refining Company, Warri Refining and Petrochemical Company, and Kaduna Refining and […]

Business

EFCC Writes Nigerian Petroleum Corporation NNPC Management Over 14 Indicted Executives Including Mele Kyari, Demands Copies Of Allowances, Emoluments

The Economic and Financial Crimes Commission (EFCC) has begun an investigation into alleged abuse of office and misappropriation of funds by the immediate past Group Chief Executive Officer of the Nigerian National Petroleum Corporation (NNPC), […]

Business

CBEX resumes operations despite SEC ban, N1.2tn EFCC probe

Despite the alleged N1.2tn digital trading fraud that reportedly affected over 600,000 Nigerians, the embattled Crypto Bridge Exchange trading platform, accused of these acts, has resumed operations, announcing fresh withdrawal options in a move to […]