14 March 2025
12:06

TOSCAD NEWS NIGERIA

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Tag: #EFCC Office

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EFCC: Cybercrimes To Gulp $10.5 Trillion By 2025

Toscad News

The chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ola Olukayode, has warned of the dangers of cybercrime, stating that the global loss to cybercrimes may reach a staggering $10.5 trillion by 2025, with approximately 2,328 cases per day. The EFCC chairman stated this at the National Summit on Cybercrime, held in Abuja on Tuesday with the support of the European Union-funded Rule of Law and Anti-Corruption (RoLAC II) Programme of the International IDEA. Olukayode also said the EFCC has secured 3,455 convictions in the past year, most of which are cybercrime fraudsters. He states, “Projections by multiple…

General NewsFeaturedNewsSecurityToscadGists

Two Kogi Officials Report To EFCC Office In Abuja — Govt

Wendy R.

The Kogi State Government has confirmed that two of her officials are currently at the Economic and Financial Crimes Commission’s Headquarters in Abuja. statement by the state’s Commissioner for Information and Communications, Kingsley Fanwo was in response to a report that a Federal High Court ordered their arrest. “Despite not receiving an official invitation, they decided to voluntarily report at the headquarters of the commission in Abuja. “We have not been told the specific details of the allegations against them, but they may not be unconnected to the ongoing investigations regarding some present and former Government officials,’ the statement said.…

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JUST IN: Betta Edu Arrives EFCC Office

Wendy R.

The suspended Humanitarian Affairs and Poverty Alleviation Minister, Betta Edu, has arrived at the Economic and Financial Crimes Commission Headquarters. Edu was invited by the EFCC over alleged N585 million fraud in her ministry. She was suspended on Monday, by President Bola Tinubu, over the alleged payment of N585 million humanitarian fund meant for payment of grants to vulnerable groups in Akwa Ibom, Lagos, Cross River and Ogun states. into a private account. Edu becomes the first minister to be suspended from office since members of the Federal Executive Council were sworn in in August last year. The PUNCH reports…