NIGERIAN MAKES U.S MOST WANTED LIST OVER $1M FRAUD. (PHOTO).

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 Nigerian makes US Most Wanted List over $1m fraud A Nigerian, Onoriode Ezewu, has been named on the United States Department of Labour’s first-ever Most Wanted List over allegations of money laundering involving fraudulent unemployment benefit claims worth more than $1m. The department’s Office of Inspector General unveiled the list on its website on Wednesday, naming 16 fugitives wanted in cases involving alleged fraud, identity theft, money laundering, labour trafficking and other offences. According to the agency, the cases collectively involve more than $55m allegedly stolen from American taxpayers. Ezewu’s profile on the department’s website identifies him as wanted for concealment money laundering and states that he is believed to be residing in Nigeria. “In January 2021, Ezewu was charged with 15 counts of concealment money laundering tied to fraudulent UI and Pandemic Unemployment Assistance claims filed using stolen identities, in a scheme exceeding $1 million that also t...
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NELFUND DISBURSES OVER N104BN, PROJECTS 2.1M STUDENT BENEFICIARIES. (PHOTO).

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 NELFUND Disburses Over N104bn, Projects 2.1 Million Student Beneficiaries


The Nigerian Education Loan Fund (NELFUND) has disbursed over N104 billion to 613,734 students in tertiary institutions and aims to reach 2.1 million beneficiaries. The Fund’s Managing Director, Akintunde Sawyerr, highlighted this target during the launch of the SERVICOM unit in Abuja. 


NELFUND continues to provide financial support to students for institutional fees and upkeep loans, with an estimated 400,000 new students expected to register this year. While addressing the needs of out-of-school children is a priority, NELFUND's mandate is limited to tertiary education.

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