Following the disastrous collapse of Crypto Bridge Exchange, a digital investment platform accused of scamming Nigerians of over N1.3 trillion, the Nigerian Senate has launched a thorough investigation into the spread of Ponzi schemes throughout the nation. This purported fraud is regarded as one of the largest financial scams in the country's history. Senators have blamed lax financial monitoring and regulatory shortcomings for the rise in these fraudulent investment schemes.

The Department of State Services (DSS) arrested a businessman, Ajah Johnson Uchenna; his wife, Rosemary Uchenna; their two daughters, Stella Uchenna and Ngozi Uchenna; and their family friend, Okoro Elijah, after investigations discovered that the group runs a major illicit drug distribution network in Lagos State.

A serving judge of the Bayelsa State High Court, Justice Ebiyerin Omukoro, has regained his freedom after 13 days in the captivity of kidnappers.

14 Chinese were found guilty and convicted on Friday for cyberterrorism and Internet fraud by a Federal High Court in Ikoyi, Lagos. According to the Economic and Financial Crimes Commission (EFCC), the suspects were part of 792 members of a cryptocurrency investment and romance fraud syndicate arrested in Lagos on December 19, 2024.

The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) has declared Darlington Okoye, also known as Speed Darlington, a controversial entertainer, sought in connection with allegations of cyberstalking, cyberbullying, and rape. The agency's official Instagram account, @officialnaptip, announced on Friday.

A High Court in Lafia, Nasarawa State, has sentenced Oluwatimileyin Ajayi to death by hanging for the brutal murder of Salome Adaidu, a member of the National Youth Service Corps (NYSC). Presiding over the case, Justice Simon Aboki ruled that Ajayi was guilty of the murder and dismemberment of the 24-year-old corps member. Ajayi faced a single count of culpable homicide, which violates Section 221 of the Penal Code applicable in Northern Nigeria and carries the death penalty.