Fraudulent Archives — City Business News

May 31, 2025 No Responses

EFCC Hands Over Forfeited Properties Of Nnamani To AMCON

The Economic and Financial Crimes Commission, EFCC, has handed over four properties forfeited by Rainbownet Nigeria Limited, a company owned by a former governor of Enugu State, Chimaroke Nnamani, to the Asset Management Company of Nigeria, AMCON in Enugu State.The...

May 19, 2025 No Responses

EFCC Arrests 120 Suspected Internet Fraudsters In Lagos

Operatives of the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) have arrested 120 suspected internet fraudsters, comprising 95 male and 25 female at various locations in Lagos.The suspects were arrested on Monday, May 19, 202...

April 28, 2025 No Responses

Court Orders Aisha Achimugu To Honour EFCC Invitation

Justice I.E. Ekwo of the Federal High Court, Abuja, has ordered Aisha Achimugu to appear before the Economic and Financial Crimes Commission, EFCC, on Tuesday, April 29, 2025, to answer questions regarding an ongoing investigation.The judge also directed that ...

April 16, 2025 No Responses

Police Declares Frank Nneji’s Daughter, ABC Transport Founder Wanted

The Nigeria Police Force has declared wanted Ihuoma Julia Nneji, daughter of the founder of ABC Transport Plc, Frank Nneji over alleged cyber crime.City Business News reports that Miss Nneji was declared wanted Tuesday night by the office of the...

January 6, 2025 No Responses

EFCC Dismisses 27 Officers for Fraudulent Activities, Misconduct

In its quest to enforce integrity and rid its fold of fraudulent elements, the Economic and Financial Crimes Commission (EFCC) dismissed twenty seven (27) officers from its workforce in 2024.The officers were dismissed for various offences bordering on fraudul...

April 23, 2021 No Responses

NCC Arrests Five Suspects Over Fraudulently-registered SIM Cards

As part of its routine enforcement activities to sanitise the industry of criminal elements, the Nigerian Communications Commission (NCC) has arrested no fewer than five suspected individuals for allegedly engaging in fraudulently registering and selling Subsc...

March 1, 2021 No Responses

SEC Nigeria, Group To Train Security Agencies, Lawyers On Tackling Ponzi Scheme

The Securities and Exchange Commission (SEC) in collaboration with the Attorney General Alliance Africa (AGA-Africa) is to train law enforcement agencies, lawyers and the public on prevention of ponzi scheme operations in the country. A statement by...

February 15, 2021 No Responses

NAFDAC Reads Riot Act To Fraudulent Clearing Agents, Importers

By citybusinessnews@yahoo.com — The National Agency for Food and Drug Administration and Control, NAFDAC has read the riot act to clearing agents and importers operating at the nation’s ports. The Director General of NAFDAC, Prof. Moji...

January 23, 2021 No Responses

Ikorodu Communities Petition Ikeja Electric Over Prepaid Meters, Fraudulent officials

At least 10 Community Development Associations (CDAs) in the Ikorodu area of Lagos State have petitioned Ikeja Electric (IE) Plc. over outrageous estimated billings. The CDAs are also outraged at the alleged fraudulent activities of Ikeja Electric’s official...

December 30, 2020 No Responses

SON Tasks ANLCA On Fraudulent Clearing Agents

The Standards Organisation of Nigeria (SON) has urged the Association of Nigerian Licensed Customs Agents (ANLCA) to expose unscrupulous members hiding under the association to perpetuate heinous activities. The Director General of SON, Mallam Farouk Sal...