Tag: Money
EFCC Arraigns One for Alleged Job Scam in Gombe
Gombe, Gombe State, Nigeria,May 22, 2026 The Economic and Financial Crimes Commission (EFCC) has arraigned one Dalhatu Yahaya before the Gombe High Court 2 over allegations of a job scam involving the sum of ₦3.5 million.The suspect was arraigned on Thursday, May 21, 2026, by the Gombe Zonal Directorate of the Economic and Financial Crimes…
Alleged N1.63bn Money Laundering: EFCC Re-arraigns Bauchi Accountant-General, One Other
Abuja, Nigeria — April 29, 2026 The Economic and Financial Crimes Commission (EFCC) on Tuesday, April 28, 2026, re-arraigned Bauchi State Accountant-General, Sirajo Muhammad Jaja, alongside an alleged unlicensed Bureau de Change operator, Aliyu Abubakar, before the Federal High Court in Abuja over alleged money laundering amounting to N1.63 billion. The defendants were re-arraigned before…
FG, States, LGs Share ₦1.7 Trillion January Revenue – FAAC
The Federation Account Allocation Committee (FAAC) has announced the distribution of ₦1.703 trillion in revenue generated in January 2025 to the Federal Government, states, and local government councils. The allocation was made during the February FAAC meeting held in Abuja, according to a statement by the Director of Press and Public Relations, Office of the…
Naira Depreciates to N1,502/$ in Parallel Market Amid Slight Gain in Official Market
The Nigerian Naira experienced a slight depreciation in the parallel market yesterday, trading at N1,502 per dollar compared to N1,500 per dollar on Monday. However, in the Nigerian Foreign Exchange Market (NFEM), the Naira showed a marginal appreciation, closing at N1,501.5 per dollar, according to data released by the Central Bank of Nigeria (CBN). The…