Operatives of the Economic and Financial Crimes Commission (EFCC), on Monday, March 24, 2025 busted a Ponzi Scheme Academy and arrested 133 suspects in Abuja.

They were arrested at the Compensation Layout in Gwagwalada area of the Federal Capital Territory, FCT, Abuja, following actionable intelligence on the existence of the Academy.

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The Academy, named Q University (a.k.a Q-Net) is in the business of recruiting gullible young Nigerians who are trained to recruit more gullible citizens into the scheme with the promise of getting unrealistic profit returns.

The suspects are enrolled into a training codenamed: “Special Training for New Generation Billionaire” and brainwashed to believe that they would graduate into the league of billionaires.

It was gathered that got into the training by obtaining a form the promoters called “Independent Representative Application Form” with promotional slogans such as: “I’m a Champion” “I’m Unstoppable”, “I’m Infinity”, among others.

The EFCC carried out the operation in collaboration with officers and men of 176 Guards Battalion, Nigerian Army.

Items recovered from the suspects include phones, computers and other electronic gadgets.

They will be charged to court as soon as investigations are concluded.

The Lagos State Police Command has arrested a man for allegedly stabbing his 38-year-old wife to death in Oke-Ira, Ilogbo Eremi, Badagry.

Confirming the incident on Thursday, the command’s spokesperson, CSP Benjamin Hundeyin, said the crime took place on Wednesday.

According to Hundeyin, detectives from the Morogbo Division received a tip-off about the incident and immediately moved to the scene.

“A team of detectives, while on surveillance township monitoring patrol at Oke-Ira, Ilogbo Eremi, got information that the suspect had stabbed his wife to death. The team swiftly raced to the scene and apprehended the suspect,” he said.

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The police recovered a blood-stained kitchen knife from the suspect, who reportedly confessed to the crime during interrogation.

The victim’s remains have been deposited at the Badagry General Hospital morgue, while the case has been transferred to the State Criminal Investigation Department (SCID) in Yaba for further investigation.

Authorities assured the public that the suspect would face the full weight of the law.

The Economic and Financial Crimes Commission (EFCC), Kano State Zonal Directorate, has arrested popular TikTok influencer Murja Kunya for allegedly abusing the Nigerian currency.

According to a statement released on Monday by EFCC spokesperson Dele Oyewale, Kunya was taken into custody for spraying naira notes for fun during her stay at Tahir Guest Palace, a hotel in Kano State.

Her latest arrest follows a dramatic attempt to evade justice after she allegedly jumped administrative bail earlier granted by the commission.

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Kunya was initially arrested in January 2025 for violating the Central Bank of Nigeria (CBN) Act, which prohibits the abuse and mutilation of the national currency.

Although she was granted bail pending her arraignment before the Federal High Court in Kano, she failed to appear in court and instead went into hiding.

“After weeks of intensive investigation and surveillance, EFCC operatives successfully re-arrested the TikTok Influencer on Sunday, March 16, 2025,” the statement read.

Kunya is now in custody at the Kano Zonal Directorate of the EFCC, where she is awaiting arraignment.

The commission reiterated its commitment to enforcing laws protecting the integrity of the naira and issued a warning against all forms of naira abuse, including spraying, stamping, or mutilating the currency at social events.