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Forex scandal: Emefiele faces fresh charges as Dangote denies wrongdoing

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The Economic and Financial Crimes Commission has written to over 85 entities comprising corporate organisations and individuals over an ongoing investigation into alleged fraudulent foreign exchange allocations under the embattled former governor of the Central Bank of Nigeria, Godwin Emefiele.

It was gathered that Emefiele might face an amended charge to include new discoveries in the ongoing probe of forex transactions under his probe.

The anti-graft agency has also summoned senior officials of the affected entities and mandated them to provide detailed documents of their foreign exchange transactions covering the last nine years.

Though the details of the 85 other companies affected by the ongoing investigation could not be verified, however, the Dangote Group and BUA Plc top the list as gathered by our correspondent on Saturday.

A top EFCC source revealed that the commission’s investigation was comprehensive, deeper, and encompassing, and independent of the report of the special investigator appointed by President Bola Tinubu to probe the CBN, Jim Obazee.

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The source disclosed that Emefiele would face fresh charges by the EFCC over the ongoing foreign exchange probe.

Operatives of the EFCC had on Thursday stormed the headquarters of Dangote Industries Limited in Ikoyi, Lagos, and the BUA Towers located at PC 32, Churchgate Street, Victoria Island, Lagos State, in furtherance of the ongoing investigation into the alleged abuse of the foreign exchange allocations by Emefiele.

While officials of the Dangote Group confirmed the raid and stated that they were cooperating with the anti-graft agency by supplying relevant documents, BUA insisted that its offices were not raided by EFCC operatives.

A top EFCC official revealed that the agency was probing the preferential foreign exchange allocations allegedly made by Emefiele in defiance of extant financial rules and regulations and the CBN Act.

The official claimed, “The EFCC is investigating over 85 entities, which include companies and individuals. The probe has extended beyond 52 entities, and I can confirm that the Dangote Group and BUA Plc are part of the 85 entities under probe over the preferential foreign exchange allocations made by the former CBN governor, Godwin Emefiele, in defiance of extant financial rules and regulations and in disregard of the CBN Act.

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“Some officials of those companies and individuals connected with the allocations have been invited by the commission for questioning, and all the affected entities have been asked to provide their financial documents from 2014 to 2023. We discovered that those allocations were not approved by former President Muhammadu Buhari, so it was more of a means for the former CBN governor and his cronies to launder money through forex transactions and Bureau De Change operators.

“But it should be noted that our investigation is comprehensive; it is deeper and encompassing, and absolutely independent of the CBN investigator, Obazee’s report. The charges against the former CBN governor will most likely be amended as there have been more discoveries from the forex probe.”

The EFCC source added, “The discoveries in the recent probe into forex transactions involving many individuals and organisations show that the former governor of the CBN will face amended charges soon. Lawyers of the commission are working on that and as soon as that is done, Emefiele will answer to the charges.

“We have found out how he used his position to help friends and acquaintances, business associates, relations and others.

“The charges against him are plenty. It is a pity that such a highly placed man used his office the way he did it.

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“He is also going to face other charges like money laundering, abuse of office, even abuse of office may involve the declaration of assets.”

Following the siege by EFCC operatives to Dangote and BUA’s offices on Thursday, the operatives went away with documents on the firms’ forex transactions.

Our correspondent gathered that the search by the anti-graft operatives in both offices commenced around 3pm and lasted several hours.

When contacted over the latest development on Saturday, the spokesperson for the EFCC, Dele Oyewale, declined comments.

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Crime

Two Policemen Killed As Gunmen Attack DPO’s Convoy in Benue

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Two police officers have been killed after suspected armed herders ambushed the convoy of the Divisional Police Officer (DPO) in Ayilamo, Logo Local Government Area of Benue State.

The latest attack occurred on Monday evening, barely four days after another deadly incident in the community reportedly left four policemen and seven residents dead.

Community sources said the DPO had travelled to Makurdi on official duty and was returning to Ayilamo when his entourage came under attack.

One of the sources, who spoke on condition of anonymity, said the victims were among newly deployed Mobile Police officers stationed in the area.

He said the officers were attacked at about 6pm while travelling from Ayilamo to escort the DPO back to the community from Makurdi.

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Confirming the incident, the spokesperson for the Benue State Police Command, DSP Peter Aondongu, said two officers attached to the DPO’s entourage were killed in the attack.

“The DPO came to Makurdi to collect some things, and while returning to Ayilamo, he was attacked and lost two of his men in the attack,” Aondongu said.

The latest incident has raised fresh concerns over the security situation in Ayilamo, where repeated attacks have resulted in casualties among security personnel and residents.

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Police Place Nigeria on Red Alert Over Planned Attacks

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The Nigeria Police Force has placed its formations nationwide on red alert following intelligence reports of planned terrorist attacks on worship centres, schools, NYSC orientation camps and other public places.
The alert followed fresh intelligence indicating increased mobilisation of terrorist elements for possible coordinated attacks on vulnerable targets across the country.
Police authorities also reportedly received intelligence on the movement of armed elements from Katsina through Kaduna towards Plateau State.
The operational order was contained in a police wireless message dated September 13, 2026, with reference number CB: 0900/FDPS/DOPS/FHQ/ABJ/VOL38/68, issued by the Department of Operations at Force Headquarters, Abuja.
Marked “Security General” and tagged “Treat as Very Important,” the message was circulated to Assistant Inspectors-General of Police overseeing Zones 1–17, Mobile Police formations, counter-terrorism and other specialised units, as well as Commissioners of Police in the 36 states and the Federal Capital Territory.
The police directed formations to intensify vigilance and take proactive measures to prevent criminal and terrorist elements from carrying out attacks.
The warning specifically highlighted places of worship, educational institutions, NYSC orientation camps and other vulnerable public locations as potential targets.

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Crime

Kidnappers Dump 16-Year-Old Enugu Boy Near Onitsha Checkpoint, Police Rescue Him

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A 16-year-old boy, Favour Ayogu, who was allegedly abducted in Igboeze South Local Government Area of Enugu State, has been rescued in Onitsha, Anambra State, after his abductors reportedly abandoned him near a security checkpoint.

Ayogu was rescued on the evening of September 13, 2026, by a joint security patrol team operating along Oguta Road, Onitsha.

According to the Anambra State Police Command, the teenager was found at Ekene Junction after unidentified persons reportedly pushed him out of a black Toyota Highlander SUV close to a security checkpoint.

The patrol team immediately intervened and rescued the victim, thereby preventing what the police described as further danger to his life.

Following the rescue, the Command said it had intensified surveillance and intelligence-led operations to identify and apprehend members of the suspected criminal gang responsible for the abduction.

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The police also appealed to residents of Igboeze South and Ibagwa-Aka in Enugu State who may have useful information about Ayogu or his family to contact the nearest police station or the Anambra State Police Command in Awka.

The Commissioner of Police, Anambra State, CP Nnanna Oji Ama, commended the security personnel involved in the rescue and directed officers to sustain strategic checkpoints, intelligence-led patrols and coordinated security operations across the state.

The Command assured residents and visitors that it would continue to intensify efforts to prevent criminal elements from using Anambra as a safe haven.

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Crime

Gunmen Attack Commercial Bus, Kill Nine Passengers

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At least nine passengers have been killed after gunmen opened fire on a commercial bus at Dungus Junction in Kuru community, Jos South Local Government Area of Plateau State.

The attack reportedly occurred around 9:40 p.m. when the bus, which was travelling towards Jos, stopped at the junction to drop off some passengers.

Several other passengers were reportedly injured in the attack and rushed to hospitals for treatment.

Lawan Suleiman, a neighbour and teacher of one of the victims, identified the driver as Ibrahim and said three of the victims were from his community in Bukuru.

“The driver is Ibrahim and he was my student. Three of them are from our community here in Bukuru. Their bodies have been deposited at the hospital. But relatives are preparing to collect them for burial,” Suleiman said.

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The bus was reportedly riddled with bullets, with bloodstains visible inside the vehicle after the attack.

Rwang Tengwong, spokesman for the Berom Youth Moulders (BYM), also confirmed the incident, saying the victims were passengers travelling to Jos when the attackers opened fire on the vehicle.

Tengwong said one of those killed was a member of Operation Rainbow.

“The incident happened around 9.40 p.m. The victims were all passengers travelling to Jos when the terrorists opened fire on the vehicle. Among those killed was a member of Operation Rainbow. It is a very sad development and we lament the loss of lives,” he said.

He added that some passengers sustained gunshot injuries and were taken to hospitals, while some of the injured reportedly later died.

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The attack has raised fresh concerns over the safety of commuters travelling along the route at night amid continuing security challenges in parts of Plateau State.

As of the time of filing this report, the Plateau State Police Command had yet to issue an official statement on the incident.

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Enugu Police Probe Alleged Disruption of Political Gatherings, Warn Against Violence

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The Enugu State Police Command has ordered an investigation into two separate incidents of alleged disruption of political gatherings in Nkanu West Local Government Area of the state.

The incidents reportedly occurred on Saturday, September 12, 2026, at Ndiuno-Obuoffia community and St. Joseph Primary School, Agbani.

In a statement issued on Sunday, the Command’s spokesperson, SP Daniel Ndukwe, said the Commissioner of Police, CP Mamman Bitrus Giwa, directed the Deputy Commissioner of Police in charge of the State Criminal Investigation Department (CID) to thoroughly investigate the incidents and ensure that those responsible are brought to justice.

According to the statement, armed hoodlums allegedly disrupted a National Democratic Congress (NDC) ward meeting at Ndiuno-Obuoffia with sporadic gunshots, leaving two attendees injured.

In a separate incident at St. Joseph Primary School, Agbani, hoodlums allegedly destroyed canopies and chairs arranged for a Peoples Democratic Party (PDP) rally.

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The police said operatives were promptly deployed to both locations after receiving reports of the incidents to prevent further breaches of peace and track down the fleeing suspects.

The Command, however, noted that neither of the political gatherings had been formally brought to the attention of the police for security coverage.

CP Giwa reiterated his warning that all political activities in the state must be conducted peacefully and in accordance with the law.

He stressed that electoral offences are punishable under the law and warned political parties, candidates, supporters and other stakeholders against violence, intimidation, destruction of property and other acts capable of disrupting public peace or the electoral process.

The Commissioner urged political parties and other stakeholders to notify the police ahead of campaigns, meetings, rallies and other political gatherings to enable the Command to make adequate security arrangements.

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He assured residents that the police would continue to maintain a peaceful and secure environment for lawful political activities while dealing decisively with anyone found violating the law.

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