On Monday, August 19, 2024, Ayodele Toyosi faced charges at the Lagos State High Court in Ikeja, accused of orchestrating a massive investment fraud. The Economic and Financial Crimes Commission (EFCC) has brought Toyosi, alongside his companies Reaprite Global Limited and Agrorite Limited, before Justice A.M. Lawal on multiple counts of fraud. The charges allege that Toyosi defrauded investors of approximately N600 million and $50,000 under the guise of promising lucrative returns from agricultural exports. The court heard that Toyosi is accused of deceiving investors by falsely claiming he would transfer their funds to importers in China. Instead, the funds…
Author: Adewale A.
Emerging from the remnants of the old Imo State in 1991, Abia State once bore the illustrious moniker of “God’s Own State.” Yet, the passage of time witnessed a gradual erosion of its splendour, courtesy of a legacy of lacklustre governance. Despite a heritage steeped in the legacies recorded by eminent past leaders and distinguished indigenes of Abia State, such as the pioneer premier of the defunct Eastern Region, Dr Michael Iheonukara Okpara, inaugural civilian governor, Dr Ogbonnaya Onu, Sir Alvan and S.G. Ikoku, Commodore Ebitu Ukiwe, Major-Gen Omar Sanda Ike Nwachukwu, Rear Admiral Ndubuisi Kanu, Lt-Gen Onyeabor Azubuike Ihejirika,…
The Chairman of the Mineral Resources and Environmental Management Committee (MIREMCO) in Enugu State, Engr. Samuel Onyinye Okoro has called for a robust collaboration between his committee and the Economic and Financial Crimes Commission (EFCC) to tackle the growing menace of illegal mining in the state. This appeal was made during a courtesy visit to the EFCC’s Enugu Zonal Director, DCE Mohammed Shuaib Bello, on Friday, August 9, 2024. Engr. Okoro, who also serves as the Special Adviser to the Governor of Enugu State on Solid Minerals and Mining, highlighted the critical role of the EFCC in combating economic crimes,…
In a significant legal victory against cybercrime, the Edo State High Court in Benin City has convicted and sentenced five internet fraudsters to various prison terms. The convicts – Terry Ekhator, Sydney Momoh, Paul Obi, Celab Ndubuisi, and Idahosa Eghosa—were brought to justice by the Benin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC). The convicted individuals were charged with offences related to obtaining false pretence and possession of fraudulent documents. The charges stemmed from their involvement in computer-related fraud, a growing concern that has attracted increased scrutiny from Nigerian authorities. One of the charges, specifically against Terry…
In a landmark series of judgements, the Ibadan Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has secured convictions against 59 individuals involved in internet fraud. The verdicts, delivered by five State High Court Judges and a Federal High Court Judge, underscore Nigeria’s intensified efforts to combat cybercrime and its associated ills. The convicted individuals faced charges spanning impersonation, cheating, possession of fraudulent documents, and obtaining money by false pretence. These offences contravene the Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Act, 2024, reflecting the gravity with which the Nigerian legal system treats such transgressions. One illustrative case involves Mr…
The Managing Director of Port Harcourt Refining Company Limited, Mr Ibrahim M. Onoja, has expressed his commendation for the Economic and Financial Crimes Commission (EFCC), highlighting the Commission’s pivotal role in fostering hope and development across the nation. This accolade was delivered during the closing ceremony of a three-month specialised training on Petroleum Product Quality Analysis for five EFCC officers, held in Port Harcourt, Rivers State. Mr. Onoja praised the EFCC’s efforts in combating various forms of fraud and corruption, which he believes are instrumental in building national strength and hope. “I thank the EFCC for their tireless work in…
As part of its ongoing efforts to enhance the professional capabilities of its staff, the Economic and Financial Crimes Commission (EFCC) launched a four-day training programme for officers associated with its radio station on Tuesday, August 6, 2024. The training at the EFCC’s corporate headquarters in Abuja underscores the Commission’s dedication to fostering excellence and professionalism in its media communications. In his opening remarks, the Executive Chairman of the EFCC, Mr. Ola Olukoyede, emphasised the importance of staff training as a means of empowerment. He highlighted that the development of EFCC Radio is crucial for achieving the Commission’s objective of…
On July 31, 2024, Justice A.Y. Yakubu of the Gombe State High Court sentenced two individuals, Vanna Henry Nguna and Morgak Peter, to two years in prison for their involvement in internet fraud. The convictions highlight the ongoing efforts of the Economic and Financial Crimes Commission (EFCC) to combat cybercrime and fraud in Nigeria. Vanna Henry Nguna, also known as Emily Enoch, and Morgak Peter faced separate one-count charges of impersonation. They were prosecuted by the Gombe Zonal Directorate of the EFCC. The charge against Nguna detailed her actions between January and February 2024. She impersonated a female American national,…
The Citizenship and Leadership Training Centre, an agency under the Ministry of Youth Development, has called for an intensified partnership with the Economic and Financial Crimes Commission (EFCC) to enhance leadership and value orientation among Nigerian youth. This request was made during a courtesy visit by the Centre’s management team to the EFCC’s headquarters in Abuja on Thursday, August 1, 2024. Leading the delegation, Director General Adesoji Eniade highlighted the existing collaboration between the Centre and the EFCC, which has facilitated the training of EFCC cadets at the Centre’s Shere Hills Institute in Jos, Plateau State. Eniade emphasised the importance…
The Benin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has successfully secured the conviction and sentencing of 24 internet fraudsters, marking a significant victory in the fight against cybercrime in Nigeria. Justice G. O. Imadegbelo of the Edo State High Court in Benin City delivered the verdicts, sentencing the convicts to various jail terms and fines. The Convicted Fraudsters The individuals convicted include: Azubuike Godwin Ejike Prince Ebeli Onyeishi Precious Uboh Nelson Henry Frank Aizeyosagbov Jeremiah Osazuwa Bright Aigbovibosa Osarumwense Destiny Osagie Monday Kindrick Ugochukwu Daniel Kenedy Evun Orobosa Elvis Nosakhare Eleadi Nice Chibueze Edidiong Ndifreke Stephen…
The political landscape in Bangladesh has reached a boiling point, as protests against Prime Minister Sheikh Hasina intensified dramatically on August 4, 2024. What began as a student-led movement against a contentious job quota system has erupted into widespread violence, resulting in over 70 deaths and numerous injuries. The government’s handling of the situation, marked by the mobilisation of its supporters and stringent measures, has drawn sharp criticism and heightened international scrutiny. The unrest in Bangladesh traces its roots to grievances over the job quota system, which many students and young professionals believe is unfair and discriminatory. The system, designed…
President Bola Tinubu’s bold decision to remove fuel subsidies and float the naira has ignited a heated debate across Nigeria. The move, aimed at stabilising the economy and addressing long-standing financial mismanagement, has been met with both criticism and support. This polarising decision has raised questions about the government’s transparency, the effectiveness of these economic policies, and the overall impact on the average Nigerian. The removal of fuel subsidies has long been a contentious issue in Nigeria. President Tinubu’s administration, inheriting the assets and liabilities of the previous Buhari government, chose to fully implement the subsidy removal, a policy initially…
In the wake of today’s address by President Bola Ahmed Tinubu, the reactions on social media reflect a broad spectrum of sentiments about the current state of Nigeria. Citizens have taken to various platforms to voice their frustrations, concerns, and hopes for the future. These posts reveal a nation grappling with numerous challenges, with many Nigerians yearning for significant improvements in their daily lives. Social media has become a vital space for Nigerians to express their views, and the recent outpouring of opinions following the presidential address is no exception. A common thread running through many posts is a deep…
In a significant and controversial shift, the 33 local government chairmen in Oyo State have announced their decision to sever ties with the Association of Local Governments of Nigeria (ALGON). Instead, they have opted to form a new association that supports Governor Seyi Makinde’s position against local government autonomy. This development has stirred a vigorous debate among citizens, raising questions about the implications for the state’s governance and financial transparency. The decision to break away from ALGON is a bold and unprecedented move by the Oyo State local government chairmen. Historically, ALGON has served as the collective voice for local…
President Bola Ahmed Tinubu addressed the nation on August 4, 2024, shedding light on the recent violent protests and his administration’s efforts to steer Nigeria towards economic prosperity. In a detailed and candid speech, Tinubu emphasized the necessity of unity, dialogue, and comprehensive reforms to achieve a better future for Nigeria. President Tinubu began by expressing his deep sorrow over the turmoil and loss of lives caused by the protests. He acknowledged the legitimate aspirations of young Nigerians for a better future but condemned the violence and destruction that accompanied the demonstrations. Tinubu stressed the importance of peaceful dialogue and…
On August 4, 2024, President Bola Ahmed Tinubu delivered a comprehensive address to the nation, focusing on the recent protests and his administration’s economic policies aimed at fostering growth and stability. The president’s speech highlighted his commitment to transforming Nigeria’s economy through strategic reforms and initiatives. President Tinubu began by addressing the violent protests that have occurred in various states, expressing his sorrow over the loss of lives and the destruction of property. He emphasized the need for peace and dialogue, urging protesters to suspend their activities and engage in constructive discussions. Tinubu reiterated his commitment to maintaining public order…
In a heartfelt broadcast on August 4, 2024, President Bola Ahmed Tinubu addressed the nation in response to the violent protests that have erupted across various states. The president expressed his sorrow over the unrest, particularly the loss of lives in states like Borno, Jigawa, Kano, and Kaduna. He emphasized the need for peace and dialogue to resolve the issues at hand. President Tinubu began by acknowledging the deep pain caused by the loss of lives and the destruction of public facilities and businesses. He noted that the protests, which were initially promised to be peaceful, had devolved into chaos,…
President Bola Ahmed Tinubu addressed Nigerians in response to recent nationwide protests, emphasizing his commitment to public order, economic reforms, and national unity. During the address today, 4th August 2024, he expressed deep sorrow over the loss of lives and destruction of properties, urging protesters to embrace dialogue and avoid further violence. Key Points: Condemnation of Violence: President Tinubu condemned the violent protests in Borno, Jigawa, Kano, and Kaduna, among other states, which resulted in the loss of lives and the destruction of public facilities and businesses. He stressed the importance of maintaining public order and preventing further bloodshed. Call…
On 3 August 1999, Arsenal Football Club made a monumental decision that would forever alter the course of its history by signing Thierry Henry from Juventus for £11 million. This acquisition would go down as one of the most successful in Premier League history, marking the beginning of an era defined by Henry’s extraordinary talent and charisma. The Arrival of a Legend When Thierry Henry arrived at Arsenal, there were high expectations, but few could have predicted the monumental impact he would have on the club. Arsène Wenger, Arsenal’s then-manager, had worked with Henry at AS Monaco and was instrumental…
Abdul Jabbar Al-Sabbagh, also known as “Al-Dahruki”, a commander of the Al-Quds Brigades’ Tulkarm Battalion, was killed by the Israeli Air Force. On 3 August 2024, an Israeli airstrike targeted a vehicle in Tulkarm, West Bank, killing five Palestinians, including Haitham Balidi, a commander in a local wing of Hamas. The Israeli Defense Forces (IDF) stated that the strike targeted a terrorist cell operating in the area. Various sources, both local and international, reported on the incident, highlighting the graphic nature of the aftermath and its impact on the local community. Haytham Balidi, a leader of Hamas’s military wing, the…