The Economic and Financial Crimes Commission (EFCC) has recovered billions of naira in connection with a massive fraud involving the Nigerian National Petroleum Company Limited (NNPCL). Several former officials of the NNPCL are set to face prosecution over their alleged involvement in the scam. The investigation uncovered fraudulent dealings related to refinery contracts and mismanagement of funds. The EFCC has vowed to ensure that all culprits are brought to justice, as part of its ongoing efforts to combat corruption in Nigeria's oil sector. Specific details on the exact amount recovered and the identities of the officials involved are yet to be fully disclosed pending court proceedings.
Punch Newspapers (MobilePunch) Money laundering, smuggling of petroleum products, trafficking of commercial goods, marijuana, high-tech equipment, automobiles, and even human trafficking at Nigerian borders are significantly undermining efforts by authorities to grow the nation's economy. These illicit activities result in substantial revenue losses and pose security challenges. A report highlighted that porous borders facilitate these crimes, with an estimated annual loss of billions of naira to smuggling alone. The Nigerian Customs Service and other agencies have been urged to intensify border surveillance and collaborate with international partners to curb the menace.
Punch Newspapers (MobilePunch) A Boko Haram ambush in Borno State went awry when an improvised explosive device (IED) detonated prematurely, killing five of the group's fighters. The incident occurred during an attempted attack on a military convoy. Security sources report that such mishaps have increased by 15% in 2025 due to poor training among insurgents. A military spokesperson, Col. Ibrahim Musa, stated, 'This is a testament to the pressure our forces are exerting on these terrorists.' No civilian casualties were reported.
Channels Television (channelstv)