Investogist
No Result
View All Result
Saturday, November 8, 2025
  • News
    • All
    • Africa
    • Nigeria
    • World
    Nnamdi Kanu’s trial: Justice Binta Nyako to recuse herself

    Mazi Nnamdi Kanu’s trial – Court fixes date for judgement

    Thomas Wyatt Nigeria PLC Delays Filing of 2025 Financial Statements

    Thomas Wyatt Nigeria PLC Delays Filing of 2025 Financial Statements

    Nissan Motors sells Yokohama Headquarters for $630 million

    Nissan Motors sells Yokohama Headquarters for $630 million

    FIRS, JTB begin ‘full scale enforcement’ on tax defaulters

    FULL LIST: FG releases 50 tax exemptions, reliefs for businesses and individuals from 2026

    Terrorists Threatens to Bomb National Assembly – Reps Panel

    Terrorists Threatens to Bomb National Assembly – Reps Panel

    Police Seal Nestoil HQ in Lagos as First Bank Seizes Assets Over $1B Debt Default

    Police Seal Nestoil HQ in Lagos as First Bank Seizes Assets Over $1B Debt Default

    Paul Biya wins the Eighth Term election. Extending his 43-Year Rule in Cameroon

    Paul Biya wins the Eighth Term election. Extending his 43-Year Rule in Cameroon

    Kanu says entering a defense is pointless, “no valid charges against me”

    Kanu says entering a defense is pointless, “no valid charges against me”

    All diaspora remittances must be received by beneficiaries in foreign currency only – CBN

    FIRS Collects ₦47.39 Trillion in Tax Revenue, Exceeds Target by 15%

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    Trump warns of trade cuts with China over soybeans

    The New Tax Acts and Tax ID – What You Need to Know

    Nigerians to enjoy benefits of new tax laws from January 2026 – Oyedele

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    The New Tax Acts and Tax ID – What You Need to Know

    The New Tax Acts and Tax ID – What You Need to Know

    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Cutix Plc founder sells additional 1.8 million shares of the company

    The Initiates Plc’s Board Chairman sells company shares

    Ellah Lakes secures SEC approval for N235bn Offer to Acquire ARPN

    Ellah Lakes secures SEC approval for N235bn Offer to Acquire ARPN

    United States scraps visa dropbox service for Nigerian applicants

    Trump to Slash Wegovy/Zepbound Weight-Loss Drugs from $1,300 to $149 on Thursday

    BUA Foods Plc reports N418.3 billion revenue for 2022 FY

    BUA Foods doubles profit after tax to N405 billion in nine months 2025

    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

    Delisting of Access Bank Plc and listing of Access Holdings Plc

    Access Holdings Reports N3.9 trillion Gross Earnings for Nine Months 2025

    Seplat Energy Plc to pay US$0.025 (N10.38) final dividend for 2021 financial year

    Seplat Energy Plc announces interim and special dividend for Q3 2025

    MTN Nigeria proposes N23bn Commercial Paper

    MTN Nigeria announces interim dividend of ₦5.00 for Q3 2025

    Nigeria Exchange Group Declares ₦1.00 Interim Dividend for Q3 2025

    Nigeria Exchange Group Declares ₦1.00 Interim Dividend for Q3 2025

    • Companies
    • Industry
    • Technology
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Wema Bank Plc rights issue opens for subscription

    Wema Bank Plc lists 4.5 billion new shares offered through private placement

    FG lists 4 border points in Ukraine Nigerians can cross to safety

    Trans-Nationwide Express Rights Issue: Trading Activated on NGX

    The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

    The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

    Again DMO offers N360 billion FGN bond for February

    FGN Savings Bond offer opens with up to 14.565% annual interest

    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

    NGX suspends trading in the shares of four listed companies

    NGX Suspends Trading in Thomas Wyatt Shares Over Unfiled Financial Statements

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

    NGX Lifts Eight-Year Suspension on Aso Savings & Loans, Stock Price Soars

    The Okomu Oil Palm Plc announces N7.00 interim dividend for H1 2022

    Presco Plc Declares ₦10 Interim Dividend for Q3 2025

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    Nnamdi Kanu’s trial: Justice Binta Nyako to recuse herself

    Mazi Nnamdi Kanu’s trial – Court fixes date for judgement

    Thomas Wyatt Nigeria PLC Delays Filing of 2025 Financial Statements

    Thomas Wyatt Nigeria PLC Delays Filing of 2025 Financial Statements

    Nissan Motors sells Yokohama Headquarters for $630 million

    Nissan Motors sells Yokohama Headquarters for $630 million

    FIRS, JTB begin ‘full scale enforcement’ on tax defaulters

    FULL LIST: FG releases 50 tax exemptions, reliefs for businesses and individuals from 2026

    Terrorists Threatens to Bomb National Assembly – Reps Panel

    Terrorists Threatens to Bomb National Assembly – Reps Panel

    Police Seal Nestoil HQ in Lagos as First Bank Seizes Assets Over $1B Debt Default

    Police Seal Nestoil HQ in Lagos as First Bank Seizes Assets Over $1B Debt Default

    Paul Biya wins the Eighth Term election. Extending his 43-Year Rule in Cameroon

    Paul Biya wins the Eighth Term election. Extending his 43-Year Rule in Cameroon

    Kanu says entering a defense is pointless, “no valid charges against me”

    Kanu says entering a defense is pointless, “no valid charges against me”

    All diaspora remittances must be received by beneficiaries in foreign currency only – CBN

    FIRS Collects ₦47.39 Trillion in Tax Revenue, Exceeds Target by 15%

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    Trump warns of trade cuts with China over soybeans

    The New Tax Acts and Tax ID – What You Need to Know

    Nigerians to enjoy benefits of new tax laws from January 2026 – Oyedele

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    The New Tax Acts and Tax ID – What You Need to Know

    The New Tax Acts and Tax ID – What You Need to Know

    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Cutix Plc founder sells additional 1.8 million shares of the company

    The Initiates Plc’s Board Chairman sells company shares

    Ellah Lakes secures SEC approval for N235bn Offer to Acquire ARPN

    Ellah Lakes secures SEC approval for N235bn Offer to Acquire ARPN

    United States scraps visa dropbox service for Nigerian applicants

    Trump to Slash Wegovy/Zepbound Weight-Loss Drugs from $1,300 to $149 on Thursday

    BUA Foods Plc reports N418.3 billion revenue for 2022 FY

    BUA Foods doubles profit after tax to N405 billion in nine months 2025

    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

    Delisting of Access Bank Plc and listing of Access Holdings Plc

    Access Holdings Reports N3.9 trillion Gross Earnings for Nine Months 2025

    Seplat Energy Plc to pay US$0.025 (N10.38) final dividend for 2021 financial year

    Seplat Energy Plc announces interim and special dividend for Q3 2025

    MTN Nigeria proposes N23bn Commercial Paper

    MTN Nigeria announces interim dividend of ₦5.00 for Q3 2025

    Nigeria Exchange Group Declares ₦1.00 Interim Dividend for Q3 2025

    Nigeria Exchange Group Declares ₦1.00 Interim Dividend for Q3 2025

    • Companies
    • Industry
    • Technology
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Wema Bank Plc rights issue opens for subscription

    Wema Bank Plc lists 4.5 billion new shares offered through private placement

    FG lists 4 border points in Ukraine Nigerians can cross to safety

    Trans-Nationwide Express Rights Issue: Trading Activated on NGX

    The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

    The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

    Again DMO offers N360 billion FGN bond for February

    FGN Savings Bond offer opens with up to 14.565% annual interest

    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

    NGX suspends trading in the shares of four listed companies

    NGX Suspends Trading in Thomas Wyatt Shares Over Unfiled Financial Statements

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

    NGX Lifts Eight-Year Suspension on Aso Savings & Loans, Stock Price Soars

    The Okomu Oil Palm Plc announces N7.00 interim dividend for H1 2022

    Presco Plc Declares ₦10 Interim Dividend for Q3 2025

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home News

EFCC Acting Chairman Ibrahim Magu not arrested – DSS

Monday, 6 July 2020, 6:27 pm
in News, Nigeria
0
EFCC Acting Chairman Ibrahim Magu not arrested – DSS
Share Share Share Share Send as Email

There has been several reports on Monday alleging that Magu was arrested by the DSS on Monday and is undergoing interrogation at the DSS Headquarter in Aso Drive.

EFCC said Magu honoured an invitation by a Presidential Panel reviewing the activities of the EFCC, at the Banquet Hall wing of the Presidential Villa,  Abuja.

The Economic and Financial Crimes Commission (EFFC) has said that its Acting Chairman Ibrahim Magu was neither arrested nor forced to honour the invitation.

This was contained in a statement by commission’s Head, Media and Publicity Dele Oyewale on 6 July 2020.

Statement from the anti graft agency reads “Acting Chairman of the Economic and Financial Crimes Commission(EFCC), Mr. Ibrahim Magu on Monday, July 6, 2020, honoured an invitation by a Presidential Panel reviewing the activities of the EFCC, at the Banquet Hall wing of the Presidential Villa,  Abuja.

“He was served the invitation to the Panel, while on his way to the Force Headquarters, Abuja for a meeting.

“He EFCC’s boss was neither arrested nor forced to honour the invitation. A member of a legal team from the EFCC is also with him on the Panel.”

  • Read also; Two Indian Illegal Oil Dealers arraigned in Nigeria by EFCC
  • Oil price threatened by rising new Covid-19 cases

The EFCC's boss was neither arrested nor forced to honour the invitation. A member of a legal team from the EFCC is also with him on the Panel.

Dele Oyewale 
Head, Media & Publicity 
06/07/2020.

— EFCC Nigeria (@officialEFCC) July 6, 2020

In a separate statement, the DSS spokesman, Peter Afunanya said,”the DSS wishes to inform the public that it did not arrest Ibrahim Magu, Acting Chairman of the Economic and Financial Crimes Commission as has been reported by sections of the media.

“The service, has since, today, 6th July, 2020, been inundated with enquiries over the alleged arrest.”

Magu has been in an acting capacity since the National Assembly twice refused to confirm his nomination to head the anti-graft agency after the president sent his name to the federal lawmakers on both occasions.

Two weeks ago the Attorney-General of the Federation, Abubakar Malami (SAN) reportedly complained to the President, Major General Muhammadu Buhari (retd.) about Magu’s conduct and advised that he should be relieved of his appointment according to Punch.

The AGF was said to have accused Magu of insubordination and discrepancies in the figures of funds recovered by the EFCC.

He was also accused of disposing of assets, especially buildings seized from corrupt politicians and others, without approval, or knowledge of the AGF’s office, which is the supervisory ministry of the EFCC.

.The AGF listed 22 offences allegedly committed by Magu, for which he should be sacked.

Written by;

Ifunanya Ikueze

Related Posts:

  • Emefiele 1
    JUST IN: CBN Gov Emefiele resumes duty, not arrested by DSS
  • china 400
    EFCC Arrested Two Chinese for Offering N100m Bribe…
  • Matawalle
    EFCC has not declared Matawalle wanted - EFCC statement
  • afdb
    Application for the 2021 Ibrahim Leadership…
Tags: DSSEFCCIbrahim Magu
Previous Post

Bubonic Plague reported in China – officials issue Health Alert

Next Post

PZ calls Extraordinary General Meeting on proposed sale of Nutricima Limited to FrieslandCampina

Next Post
PZ calls Extraordinary General Meeting on proposed sale of Nutricima Limited to FrieslandCampina

PZ calls Extraordinary General Meeting on proposed sale of Nutricima Limited to FrieslandCampina

Please login to join discussion
  • Trending
  • Comments
  • Latest
Ellah Lakes secures SEC approval for N235bn Offer to Acquire ARPN

Ellah Lakes secures SEC approval for N235bn Offer to Acquire ARPN

MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

Wema Bank Plc rights issue opens for subscription

Wema Bank Plc lists 4.5 billion new shares offered through private placement

The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

Cutix Plc founder sells additional 1.8 million shares of the company

The Initiates Plc’s Board Chairman sells company shares

Nnamdi Kanu’s trial: Justice Binta Nyako to recuse herself

Mazi Nnamdi Kanu’s trial – Court fixes date for judgement

Wema Bank Plc rights issue opens for subscription

Wema Bank Plc lists 4.5 billion new shares offered through private placement

Ellah Lakes secures SEC approval for N235bn Offer to Acquire ARPN

Ellah Lakes secures SEC approval for N235bn Offer to Acquire ARPN

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2025 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved