The newly appointed chairman of the Economic and Financial Crimes Commission (EFCC) Mr Abdulrasheed Bawa has said he commission has recovered $20million worth of cryptocurrency from cybercriminals.He said the commission sees cryptocurrency as an “avenue where criminals launder proceeds of crime”.He said this on Sunrise Daily, a Channels Television programme, on Tuesday.The Central Bank of Nigeria (CBN) had issued a directive that banks should close accounts of perso...

Cybercrimes has been the talk of the media in recent time, especial with the incarceration of a celebrity who there was evidence against him.Many people have been questioning what happened to the money EFCC recovered from Yahoo boys. Well, EFCC has finally responded to the question. On their official twitter handle, EFCC official has replied a tweet which asked where the recovered money goes. According to the organization, the money recovered is given back t...

Abuja – The Senate on Thursday announced that it had recovered its Mace which was forcefully taken away on Wednesday by some hoodlums who stormed the chamber while plenary was on.Deputy President of the Senate, Mr Ike Ekweremadu, made the disclosure at plenary, and said that the mace, the symbol of authority of the legislature, was returned to the National Assembly by the police.In its reaction immediately after the incident, the upper chamber urged the police...