Category : Search result: N4 billion money laundering


Man Gets 50 Years for Actor Impersonation Scam

Lagos High Court sentences fraudster to 50 years for impersonating actor Fredrick Leonard to scam woman of £15,000. EFCC secures conviction after full trial. Read details.

Woman wins N2.5bn from husband's side chick

A North Carolina woman successfully sued her husband's mistress for N2.5 billion in damages under alienation of affection law. Discover how the court ruled in this groundbreaking case.

Fola Crosses 1 Billion Career Streams Milestone

Nigerian Afrobeats star Fola surpasses 1 billion streams globally in his debut year. Discover how his album 'Catharsis' and unique sound propelled this historic achievement.

Osun Passes N705bn 2026 Budget for Second Reading

Osun State Assembly approves N705 billion 2026 appropriation bill for second reading. Governor Adeleke's 'Budget of Economic Transformation' focuses on infrastructure and citizen welfare.

Nigeria's FATF Grey List Exit: Lessons for Economies

Nigeria's removal from FATF Grey List showcases successful institutional reforms. Learn how this achievement boosts investor confidence and offers valuable lessons for emerging economies worldwide.

Akande hails Aiyedatiwa on Ondo development

APC chieftain Bisi Akande applauds Governor Lucky Aiyedatiwa for transforming Ondo State into industrial hub through massive investments and inclusive governance.

Nigerian jailed 6 years in U.S. for sextortion

Imoleayo Samuel Aina, a 27-year-old Nigerian, sentenced to 6 years in U.S. federal prison for sextortion leading to victim's death. Learn how justice crossed international borders.

Asake's Debut Album Charts Again After 148 Weeks

Asake's groundbreaking debut album 'Mr Money With The Vibe' makes stunning return to Nigeria's Spotify Top 50 chart after nearly three years, proving its lasting impact on Afrobeats.

Ellah Lakes Secures ₦2.36BN for Agricultural Expansion

Nigerian agribusiness giant Ellah Lakes Plc announces strategic capital raise of ₦2.36 billion to expand operations and drive agricultural transformation across Nigeria. Learn how this funding will impact food security and economic growth.

Kogi kidnapper blows ₦6m ransom on parties

Kogi State vigilantes apprehend a kidnapper who squandered millions in ransom money on lavish parties, hard drugs, and commercial s3x workers in shocking spending spree.

Obaseki Denies N600B Debt: 'Political Fiction'

Edo State Governor Godwin Obaseki vehemently denies allegations of leaving massive debt, calling it political propaganda. Get exclusive insights into the financial facts and the governor's explosive response.

Nvidia & Deutsche Telekom Launch €1B AI Hub in Germany

Tech titans Nvidia and Deutsche Telekom announce groundbreaking €1 billion AI partnership to establish Europe's premier artificial intelligence development hub, accelerating digital transformation across the continent.

Court Denies Mompha's No-Case Submission in ₦6B Case

Instagram celebrity Ismaila Mustapha, known as Mompha, faces full trial as Federal High Court dismisses his no-case submission in massive ₦6 billion money laundering case. EFCC presents compelling evidence.

$5B Funding for 500,000bpd Nigerian Refinery

In a groundbreaking development for Nigeria's energy sector, a Canadian company has secured $5 billion funding to complete a massive 500,000 barrels per day refinery project, promising to transform the nation's oil and gas landscape.

6 Nigerians Exposed as Terror Financiers in UAE Court

New details emerge from UAE court documents revealing six Nigerians accused of financing Boko Haram terrorists. Discover the sophisticated money laundering networks and how authorities are fighting back.

NIPSS N1.1B Lawsuit: Court Hearing Begins

The National Institute for Policy and Strategic Studies confronts a massive N1.1 billion lawsuit as court proceedings begin. Get the latest updates on this high-stakes legal confrontation.

Peller & Jarvis Reunite Amid Money Laundering Saga

Nigerian social media explodes as billionaire businessman Peller and American rapper Jarvis reunite in Lagos, sparking reactions amid ongoing money laundering allegations. The viral clip shows their lavish meeting at a high-end restaurant.

NASS Loan Approval: Why Nigerians Shouldn't Worry

Government official reveals why the National Assembly's approval of a $2.347 billion loan shouldn't worry citizens - and how it will actually benefit Nigeria's economy and infrastructure development.

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