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Finance & Markets

Amazon’s stock slips as the FTC alleges billions of dollars in hidden ad fees

Regulators claim Amazon artificially bumped floor prices during peak shopping periods, adding surcharges to merchants’ ad spending.

Amazon’s stock slips as the FTC alleges billions of dollars in hidden ad fees

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EFCC released N661.32 billion and $492.4 million to beneficiaries in 34 months — Olukoyede

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has disclosed that the anti-graft agency released N661.32 billion and $492.37 million to beneficiaries in 34 months…

  • EFCC released N661.32 billion and $492.4 million to beneficiaries in 34 months.
  • Naira recoveries reached N1,233,612,040,411.11, with N325.35 billion paid directly.
  • EFCC secured 10,872 convictions between October 2023 and July 2026.

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