EFCC ARRAIGNS MAN FOR ALLEGED ₦55M FRAUD IN LAGOS. (PHOTO). #PRESS RELEASE.

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 EFCC Arraigns Man  for  Alleged ₦55m Fraud in Lagos The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Wednesday, December 3, 2025 arraigned one Gabriel Celestine Nwawuzor, before Justice Daniel Osiagor of the Federal High Court in Ikoyi, Lagos for ₦55m fraud. Nwawuzor was arraigned alongside Moonlink Pharmaceuticals Limited, on a 3-count charge bordering on fraud and money laundering to the tune of N55,000,000 (Fifty Five Million Naira) One of the counts reads: "That you Gabriel Celestine Nwawuzor and Moonlink Pharmaceuticals Limited sometime in April, 2021, in Lagos, within the jurisdiction of this Honorable Court procured the account number 2170235882 domiciled in Zenith Bank to retain the sum of N55, 000, 000.00 ( Fifty Five Million Naira) which sum you knew forms part of the proceeds of your unlawful act and you thereby committed an offence contrary to Sections 21(a), 18(2)(d) of the of Money Laundering (Prevention and Prohibitio...
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NIGERIANS FACE HIGH SCHENGEN VISA REJECTION RATES AMID RISING EMIGRATION. (PHOTO).

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 Nigerians Face High Schengen Visa Rejection Rates Amid Rising Emigration


A Henley Global Mobility Report reveals that 40.8% of Schengen visa applications from Nigerians in 2024 were denied, with 42,940 rejections out of 105,926 submissions. Nigeria ranks among the top 20 countries with the highest visa denial rates and 11th for Schengen destinations. The surge in rejections mirrors increasing emigration driven by economic challenges, including record-high inflation, unemployment, and a cost-of-living crisis.  


The report highlights systemic barriers tied to the Nigerian passport's low global ranking (94th) and stricter visa policies. Africa faces disproportionately high Schengen visa denial rates, with Nigeria among six African countries in the top 10 globally for rejections. Experts warn of a widening global mobility divide, disproportionately impacting African nations.

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