Connect with us

society

EFCC Nabs 148 Chinese Nationals, 645 Others for Cyberfraud and Romance Scams in Major Lagos Raid

Published

on

EFCC Nabs 148 Chinese Nationals, 645 Others for Cyberfraud and Romance Scams in Major Lagos Raid

EFCC Nabs 148 Chinese Nationals, 645 Others for Cyberfraud and Romance Scams in Major Lagos Raid

 

The Economic and Financial Crimes Commission (EFCC) has successfully arrested 793 individuals, including 193 foreign nationals, in a major operation targeting a cybercrime and cryptocurrency fraud syndicate in Lagos. The arrests, which took place during a raid on Tuesday, were made at the seven-storey Big Leaf Building, located at No. 7 Oyin Jolayemi Street, Victoria Island.

EFCC Chairman, Ola Olukoyede, announced the bust during a press conference at the Lagos Zonal Directorate, revealing that among the suspects were 148 Chinese nationals, 40 Filipinos, two Kazakhstani citizens, one Pakistani, and one Indonesian. These foreign suspects are alleged to have been involved in running a sophisticated fraud ring that engaged in romance scams and cryptocurrency investment fraud.

Olukoyede, represented by EFCC’s Director of Public Affairs, Wilson Uwujaren, stated that the foreign nationals used the building, which appeared to be a legitimate financial establishment, to recruit and train Nigerian accomplices in executing cyber fraud. The Nigerians were trained to initiate fraudulent communications on social media platforms such as WhatsApp, Instagram, and Telegram. The scammers used fake profiles to lure victims into investing on a fraudulent platform, www.yooto.com, where they were charged activation fees starting at $35.

The foreign suspects were said to have taken over the operations once the victims were hooked, cutting out their Nigerian collaborators from the financial transactions. Olukoyede revealed that Nigerian accomplices were neither formally employed nor paid through corporate channels but instead received cash payments or funds via personal bank accounts.

“This significant operation highlights that not all scams originating from Nigeria are carried out by Nigerians,” Olukoyede remarked. He emphasized that the raid and arrests marked a decisive victory in the EFCC’s ongoing battle against financial crimes, asserting that Nigeria would not serve as a haven for such activities.

During the raid, EFCC agents seized a range of items, including high-end desktop computers, mobile phones, laptops, and vehicles from the suspects. The suspects have made statements, and their devices are currently undergoing forensic analysis. The EFCC is working closely with international partners to investigate potential global crime links.

Olukoyede concluded, “This operation sends a clear message: criminals, whether local or foreign, will find no refuge in Nigeria. We will continue our efforts to combat financial crimes and restore Nigeria’s reputation on the global stage.” The arrested individuals are expected to face prosecution soon.

Continue Reading
Advertisement

news

Makinde Congratulates Chief Bisi Akande

Published

on

Makinde Congratulates Chief Bisi Akande

Makinde Congratulates Chief Bisi Akande

 

 

Hon. Abiola Makinde, representing the Ondo East/Ondo West federal constituency in the National Assembly, has congratulated Chief Bisi Akande, the former Interim National Chairman of the All Progressive Congress (APC), on the Lifetime Achievement Award conferred on him by the prestigious Independent Newspaper. In a release personally signed by him, he described Chief Akande as a leader of leaders who has not only moved forward the progressive family in the southwest but in the entire country, Nigeria. He described the award as well deserved because of his uncommon display of integrity, dedication, and forthrightness.

 

Makinde Congratulates Chief Bisi Akande

 

Hon. Makinde who was the Director General of the Campaign for the successful election of Governor Lucky Ayedatiwa of Ondo State, asked Chief Bisi Akande, not to relent on his efforts to continue to elevate the progressive family and to make Nigeria better.

Continue Reading

society

Love for Sale: Lagos Men Pour N661 Billion into the Hidden Economy of ‘Runs Girls’

Published

on

Love for Sale: Lagos Men Pour N661 Billion into the Hidden Economy of ‘Runs Girls’

Lagos Men Spend a Staggering N661 Billion on Commercial Sex in 2024: A Shocking Economic Revelation

In an astonishing revelation that underscores the sheer scale of the commercial sex industry in Lagos State, a recent survey has estimated that men spent a jaw-dropping N661 billion in 2024 to satisfy their sexual urges through transactional sex. The findings, shared by X user Kayode MO (@kayomosebi), break down the expenditure into N329 billion paid directly to commercial sex workers—popularly referred to as ‘runs girls’—and an additional N332 billion spent on associated costs.

This eye-opening study was conducted to analyze the economic significance, market value, and key players within the sex trade industry in Lagos, exposing a complex network of financial transactions that extends far beyond the act itself.

The Massive Scope of Transactional Sex in Lagos

The statistics paint an eye-watering picture of the industry’s depth and reach. Of the 3.1 million sexually active men aged 20 to 69 in Lagos’ 20 local government areas, a staggering 1.86 million engage in transactional sex with non-partners. The average rate charged per encounter is pegged at N36,750, with the lowest being N20,000 and the most expensive going as high as N100,000 in Eti-Osa Local Government Area, home to affluent neighborhoods like Ikoyi, Victoria Island, and Lekki.

Other LGAs trailing Eti-Osa in high-cost transactional sex include Surulere, Kosofe, Alimosho, and Oshodi-Isolo, highlighting the widespread nature of the industry in both highbrow and middle-class regions.

Where Does the Money Go? The Economic Breakdown

A detailed analysis of the N329 billion revenue earned by commercial sex workers reveals the diverse ways in which these women allocate their earnings:

  • N93 billion was spent on body and skin maintenance, including natural hair care.
  • N62.5 billion went towards supporting family members, indicating that these earnings extend beyond individual indulgence.
  • N62.5 billion was spent on lifestyle expenditures such as clothing, accessories, rent, car services, and fitness.
  • N46 billion was invested in business ventures such as cryptocurrency, forex trading, and betting.
  • N30 billion was split equally between healthcare and education, covering antibiotics, supplements, STD treatments, check-ups, Bachelor’s programs, coursework, and settlements.

The Hidden Costs: How Lagos Men Spent an Additional N332 Billion

Beyond the direct payments for sexual services, Lagos men also funneled an additional N332 billion into associated costs, shedding light on the broader economic impact of the industry.

  • N150.6 billion was spent on entertainment, food, and hospitality—showcasing the elaborate social engagements that precede these transactions.
  • Luxury gifts and expenses, including vacations, cars, and high-end items, dominated a significant portion of expenditures.
  • N33.4 billion was funneled into drugs, sexual enhancers, stimulants, and sex accessories, indicating the widespread use of performance-enhancing substances within the industry.

A Billion-Dollar Shadow Economy

These staggering figures reveal an underground economy thriving within Lagos, where transactional sex is not just a practice but an economic powerhouse. The immense flow of money—rivaling some industries—highlights the urgent need for societal discourse on the implications of such an economy on morality, public health, and governance.

The survey findings have sparked intense debate, with some calling for regulatory oversight while others argue that the industry provides financial empowerment for thousands of young women. Regardless of perspective, one thing is clear: transactional sex in Lagos is far from a mere vice—it is a multi-billion naira enterprise influencing multiple sectors of the economy.

As authorities, economists, and social commentators digest these findings, the question remains: Is this industry a necessary evil or a sign of deeper socio-economic issues at play?

 

Continue Reading

society

Dr Chris Okafor Prophetic Declaration Fulfilled:Bridged Pregnancy reposition, Young Man Unjustly Imprisoned after 4 years Regain Freedom

Published

on

Dr Chris Okafor Prophetic Declaration Fulfilled:Bridged Pregnancy reposition, Young Man Unjustly Imprisoned after 4 years Regain Freedom

Dr Chris Okafor Prophetic Declaration Fulfilled:Bridged Pregnancy reposition, Young Man Unjustly Imprisoned after 4 years Regain Freedom

 

Who says there are no accurate Prophecy and Seers in the country, Yes there is, but will only advise Such a group of People to have a rethink or change their canal mindset, there are few Prophets in the Land that hear directly from God, Their ears are close to the mouth of God, they hear clearly, directly from God.

One Such Accurate Prophet,Seer is Nigerian Born international Man of God, who is also the Senior Pastor Grace Nation international aka Liberation City based in Lagos Nigeria, The Generational Prophet of God Dr Chris Okafor.

This Popular Lagos Prophet is very accurate in all his Prophecy gifted with the word of God Coupled with Special Ability and wisdom to Preach/Teach the words of God to the understanding of all and even to a common man on the street.

Precisely in February 2025, in one of the Services of Grace Nation international held at the international Headquarters of the church in Ojodu Berger, Lagos Nigeria The Generational Prophet of God located a woman, whom he Prayed for, after he Prophetically scanned the Problems the woman is facing told her that out of her four children one is been Lucked up in Prison for over 4 years for a crime he did not know anything about, the woman instantly confirmed that his Son is been kept in Prison for 4 year, The Generational Prophet of God Dr Chris Okafor Prayed and Prophetically declared that the woman Son will be set free in 3 days time because the woman presented her case file to Elohim and God answers her request, To God be the Glory, just 24 hours Later, the young Man was released unconditionally as declared by God through his Servant, The Generational Prophet of God.

Also just a week ago a Pregnant woman was located during the Divine intervention and Breakthrough Services last Sunday, the baby in her womb was bridged, The Man of God Prayed for her, spoke with the baby in the womb to reposition itself, today the 16th of March 2025, the woman testify with the scan result they conducted on her confirming the baby is well position for delivery, all to the Glory of God.

Indeed God’s presence is awesome in Grace Nation international, therefore every Services is a plus to all Grace Nation Citizens.

Teaching on the Topic Advancing The Blessings and Financial Dominion Part 2, the subject he has been treating since last Sunday The Generational Prophet of God Dr Chris Okafor said to understand the relationship between the blessings and dominion, he highlighted that Blessings Empowers financial Dominion and Power.

He said We experience the blessings of God through financial Dominion saying it is your understanding in Life that makes you Prosper in your undertakers.

While Explaining How Blessings Leads to financial Dominion, The Generational Prophet of God, said, the Blessings of the Lord maketh rich and add no sorrow to it.

The blessings are also fertilized for fruitfulness, bring about Greatness and it is the Secret of Favour.

The Generational Prophet of God Dr Chris Okafor also remarked that God’s blessings bring about Increases, activates potential, brings Growth, Advancement, Progress, Enlargement and also the secret of ideas, Inspiration, Wisdom.

The Pathways of the blessings of God and dominion are through Priest and Prophetic blessings, the Generational Prophet of God Dr Chris Okafor Concluded.

Meanwhile the Annual family Liberation Conference The Harvest of Babies comes up at the end of March, This is a reminder for all that are willing to Participate in the Prophetic conference and for all awaiting mothers to get prepared, God will be in town for the 4 days Prophetic conference and when God comes to town through a revival anything happens, Get Prepared.

 

 

Dr Chris Okafor Prophetic Declaration Fulfilled:Bridged Pregnancy reposition, Young Man Unjustly Imprisoned after 4 years Regain Freedom

Continue Reading

Cover Of The Week

Trending