Featured
BREAKING: DSS arrests Magu, EFCC Acting Chairman
The Department of Security Service (DSS) on Monday arrested the Acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu. Details of the arrest were sketchy at the time of this report but it may not be unconnected with the memo by the Attorney General of Federation and Minister of Justice, Mallam Abubakar Malami, alleging corrupt practices against the EFCC chairman.
The Department of Security Service (DSS) arrested the Acting Chairman of the Economic and Financial Crimes Commission (EFCC) over allegations that he owns four luxury property as well as alleged transfer of funds overseas through a third party.
Magu was arrested at the Wuse II office of the DSS on Monday afternoon and was made to undergo interrogation at the DSS Headquarters at Aso Drive.
It was gathered that the DSS had in a 2016 report indicated that Magu was living in a N40 million mansion.
Details later.
-
Latest5 days agoCole-Alegbe unveils memoir, urges leaders to harness technology for lasting impact
-
Business1 week agoX3M Ideas donates 50 Walkie-Talkies to strengthen security operations in Onigbongbo
-
Business5 days agoJetour G700 PHEV Storms Abuja as Jetour Nigeria Takes Luxury Mobility Showcase to FCT
-
Business2 days agoNigeria records N12.59trn trade surplus in Q2 2026 — NBS
-
Business3 days agoNigerian Breweries’ H1 profitability strengthens as revenue hits N804bn
-
Business7 days agoRising crude prices threaten fresh petrol price hike in Nigeria
-
Business1 week agoNaira breaks below N1,330/$, hits strongest level in over two years
-
Business6 days agoMultinationals exit Nigeria as economic pressures reshape business landscape