Investogist
No Result
View All Result
Thursday, May 14, 2026
  • News
    • All
    • Africa
    • Nigeria
    • World
    EFCC Arrests Energy Commission DG Mustapha Abdullahi Over Alleged N500bn Money Laundering

    EFCC Arrests Energy Commission DG Mustapha Abdullahi Over Alleged N500bn Money Laundering

    Ex-Power Minister Saleh Mamman Sentenced to 75 Years in Prison

    Ex-Power Minister Saleh Mamman Sentenced to 75 Years in Prison

    JAMB UTME No Longer Required for NCE Programmes — FG

    JAMB UTME No Longer Required for NCE Programmes — FG

    EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

    EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

    Ecobank to Raise Fresh Capital Through New Tier 2 Nature Notes

    Ecobank to Raise Fresh Capital Through New Tier 2 Nature Notes

    Senate Confirms Joseph Olasunkanmi Tegbe as Nigeria’s New Minister of Power

    Senate Confirms Joseph Olasunkanmi Tegbe as Nigeria’s New Minister of Power

    No Hantavirus Cases in Nigeria Amid MV Hondius Outbreak — NCDC

    No Hantavirus Cases in Nigeria Amid MV Hondius Outbreak — NCDC

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Access Bank UK set to acquire Mauritius  AfrAsia Bank

    Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Deep Capital Approves Capital Increase, Restructuring Plnn

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Targets Kenya for $17 Billion East Africa Oil Refinery

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Ikeja Hotels Plc Declares 3 Kobo Interim Dividend for Q1 2026

    Ikeja Hotels Plc Declares 3 Kobo Interim Dividend for Q1 2026

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Reveals Plans to Build 20,000MW Power Plant

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    Airtel Africa Announces Total Voting Rights and Share Capital

    Airtel Africa Announces Total Voting Rights and Share Capital

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • 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
    EFCC Arrests Energy Commission DG Mustapha Abdullahi Over Alleged N500bn Money Laundering

    EFCC Arrests Energy Commission DG Mustapha Abdullahi Over Alleged N500bn Money Laundering

    Ex-Power Minister Saleh Mamman Sentenced to 75 Years in Prison

    Ex-Power Minister Saleh Mamman Sentenced to 75 Years in Prison

    JAMB UTME No Longer Required for NCE Programmes — FG

    JAMB UTME No Longer Required for NCE Programmes — FG

    EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

    EFCC Declares Ex-Minister Sadiya Farouq Wanted Over Alleged Fraud

    Ecobank to Raise Fresh Capital Through New Tier 2 Nature Notes

    Ecobank to Raise Fresh Capital Through New Tier 2 Nature Notes

    Senate Confirms Joseph Olasunkanmi Tegbe as Nigeria’s New Minister of Power

    Senate Confirms Joseph Olasunkanmi Tegbe as Nigeria’s New Minister of Power

    No Hantavirus Cases in Nigeria Amid MV Hondius Outbreak — NCDC

    No Hantavirus Cases in Nigeria Amid MV Hondius Outbreak — NCDC

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Access Bank UK set to acquire Mauritius  AfrAsia Bank

    Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Deep Capital Approves Capital Increase, Restructuring Plnn

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Targets Kenya for $17 Billion East Africa Oil Refinery

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Ikeja Hotels Plc Declares 3 Kobo Interim Dividend for Q1 2026

    Ikeja Hotels Plc Declares 3 Kobo Interim Dividend for Q1 2026

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    DAAR Communications Clarifies Shareholding Records Dispute, Dismisses Online Report

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Reveals Plans to Build 20,000MW Power Plant

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    Airtel Africa Announces Total Voting Rights and Share Capital

    Airtel Africa Announces Total Voting Rights and Share Capital

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    Unilever Declares ₦3.25 Final Dividend For 2025 FY

    Unilever Nigeria Discloses Foods Deal with McCormick

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    Nigeria Regains Frontier Market Status in Major Boost for Stocks

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • 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
CBN Revises Timeline for Resolving Failed ATM, PoS and Web Transactions.

CBN Revises Timeline for Resolving Failed ATM, PoS and Web Transactions.

Tokyo 2020 Paralympics Medal Table

Tokyo 2020 Paralympics Medal Table

Nigerian Stock Exchange’s new look (NGX Group): Brand Identity and Website

Nigerian Stock Exchange’s new look (NGX Group): Brand Identity and Website

NGX Equities Market Report: Equities market bounce back to gains along with BUAFOODS

54 Companies whose stocks gained more than 100% in 2023 on The Nigerian Exchange

EFCC Arrests Energy Commission DG Mustapha Abdullahi Over Alleged N500bn Money Laundering

EFCC Arrests Energy Commission DG Mustapha Abdullahi Over Alleged N500bn Money Laundering

Ex-Power Minister Saleh Mamman Sentenced to 75 Years in Prison

Ex-Power Minister Saleh Mamman Sentenced to 75 Years in Prison

JAMB UTME No Longer Required for NCE Programmes — FG

JAMB UTME No Longer Required for NCE Programmes — FG

Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

Dangote Targets Kenya for $17 Billion East Africa Oil Refinery

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

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

Copyright © 2026 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
    • Financial Education
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • 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