The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Directorate 2, Okotie-Eboh, Ikoyi, Lagos, on Thursday, September 17, 2026, handed over the sum of N140,000,000.00 (One Hundred and Forty Million Naira) to an investment and money-lending company, B4 Sail Limited. The recovery of the funds, handed over in bank drafts by the Acting Zonal Director, Lagos Zonal Directorate 2, Assistant Commander of the EFCC, ACE I Bawa Usman Kaltungo, followed investigations into an alleged case of obtaining money by false pretence and diversion of funds involving one Jacob Oyebola Esan and companies linked to him. In a petition submitted on…
Author: Staff Editor
The Committee of Pro-Chancellors of State-Owned Universities in Nigeria (COPSUN) has commended the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyede, for his support for the Nigerian Education Loan Fund (NELFUND) and efforts to boost the education sector. The Chairman of COPSUN, Prof. Ayodeji Omole, gave the commendation in Abuja on Thursday, September 17, 2026, when he led a delegation of the committee on a courtesy visit to the EFCC’s Corporate Headquarters. Omole said the committee appreciated Olukoyede’s role in supporting NELFUND, noting that the scheme had helped prevent many students from dropping out of…
A Federal High Court in Lagos has dismissed an application by Afolabi Michael Kazeem seeking to overturn an order extending his detention for 30 days over his alleged involvement in the trafficking of 184.5 kilogrammes of cocaine. The court held that the detention extension order granted on August 20, 2026, was properly issued and backed by the Constitution and relevant drug-control laws. Kazeem, popularly known as KC Luxury, through his lawyer, Abdulakeem Labi-Lawal, SAN, had asked the court to set aside or strike out the order, arguing that the court lacked jurisdiction to extend his detention. The lawyer contended that…
The President of the Nigerian Bar Association, NBA, Mrs. Oyinkansola Badejo-Okusanya, SAN, has commended the Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede, for his leadership and efforts in strengthening the fight against economic and financial crimes. She gave the commendation in Abuja on Wednesday, September 16, 2026, when she led a delegation of the Association on a courtesy visit to the EFCC’s Corporate Headquarters. Badejo-Okusanya praised the Commission’s efforts in the investigation and prosecution of economic and financial crimes, as well as the recovery of proceeds of crime. She said, “When we see things…
The Small and Medium Enterprises Development Agency of Nigeria, SMEDAN, has sought the support of the Economic and Financial Crimes Commission, EFCC, in promoting made-in-Nigeria products and expanding opportunities for young Nigerians through skills development and entrepreneurship. The Chief Executive Officer, CEO/Director General of SMEDAN, Charles Odii, made the request in Abuja on Wednesday when he led a delegation of the Agency on a courtesy visit to the Executive Chairman of the EFCC, Mr. Ola Olukoyede, at the Commission’s corporate headquarters. Odii commended the EFCC Chairman for what he described as efforts that have contributed to rebuilding confidence in Nigeria,…
The Economic and Financial Crimes Commission, EFCC, has called on legal practitioners across the country to desist from the illegal and unethical practice of charging clients in foreign currencies. The call was made on Friday, September 11, 2026, in Lagos by the Acting Zonal Director of the Lagos Zonal Directorate 2 of the EFCC, Ikoyi, Assistant Commander of the EFCC, ACE I Bawa Usman Kaltungo, when he received a delegation of the Nigerian Bar Association, NBA’s Lagos Task Force on Illegal Practice of Law, led by its Head, Moshood Abiola, on a courtesy visit to his office. Speaking during the…
The Nigeria Immigration Service (NIS), Zone A, on Thursday, September 10, 2026, applauded the Economic and Financial Crimes Commission (EFCC) for its doggedness in the fight against corruption and financial crimes. The Zonal Coordinator, Zone A, ACG Mohammed Adamu, gave the commendation while receiving the Acting Director of the Lagos Zonal Directorate 1 of the Commission, Assistant Commander of the EFCC ACE I Adebayo Adeniyi, who led a delegation on a courtesy visit to the NIS Zonal Headquarters in Lagos. Adamu said the Commission had boosted Nigeria’s image, both locally and internationally, through its sustained efforts in combating corruption and…
𝗖𝗼𝗺𝗽𝗶𝗹𝗲𝗱 𝗕𝘆 𝑨𝒚𝒐𝒂𝒅𝒆 𝑫𝒂𝒗𝒊𝒅𝒔𝒐𝒏 𝑶𝒋𝒆𝒏𝒊𝒚𝒊 (12/09/2026).
I am a lawyer. I studied law and have remained in the practice of law in memory of my late mother, who paid for me to study law at Holborn Law Tutors in the UK. I eventually continued my legal education at the University of Ibadan and graduated from there. She paid almost £7,000 upfront for one year, which was the total tuition fee for one year at that private law school. I will be eternally grateful to her. May her soul continue to rest in perfect peace. We all know what the exchange rate would be today. In her…
The Economic and Financial Crimes Commission (EFCC) and the Federal Bureau of Investigation (FBI) have reaffirmed their commitment to deepening strategic collaboration, intelligence sharing and operational synergy in investigating the alleged diversion and mismanagement of funds provided under United States government-supported programmes. The resolve was made on Thursday, September 10, 2026, when Macus Maccain, Assistant Law Enforcement Attaché, FBI, led a delegation on a courtesy visit to the office of the Acting Zonal Director, Lagos Zonal Directorate 2 of the EFCC, Assistant Commander of the EFCC (ACE I), Bawa Usman Kaltungo. Speaking during the interactive session, Maccain said the visit…