Nigeria's agency responsible for combating economic and financial crimes.
EFCC Uncovers Large-Scale Fraud Scheme Involving Stolen Data and Fintech Companies in Nigeria
The EFCC exposed a fraud operation where fintech companies buy stolen personal and biometric data. Over 12,000 individuals are involved in gathering sensitive information from unsuspecting citizens.
Nigeria’s SEC cites due diligence delays in crypto licence freeze
The SEC has delayed issuing new provisional licenses to crypto startups under its ARIP. Director General Emomotimi Agama cited the need for additional due diligence as the reason for the delay.
Bento CEO resigns again, amid tax, pension probe
Ebun Okubanjo resigned from Bento after investigations into tax and pension payment failures. He relinquished his equity and debt in the company as part of his resignation.
Bento faces investigation over allegations of financial impropriety
LIRS and EFCC have initiated investigations into Bento for tax and pension payment failures. High-profile clients including Moniepoint, Paystack, Kobo360, and Bamboo have abandoned Bento.
Frozen #EndBadGovernance crypto wallets are on KuCoin and MEXC and still performing transactions
Some of the frozen crypto wallets traced to suspected #EndBadGovernance protesters are on the KuCoin and MEXC exchanges. The wallets, which reportedly have more than $37 million, are still performing transactions and are very much active.
