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News Summary: Landmark Arrests and Potential Budget Moves in Nigeria

In a significant news broadcast from Lagos, the Economic and Financial Crimes Commission (EFCC) reported the arrest of 792 suspects linked to cryptocurrency investment fraud and romance scams. This milestone achievement unfolded on December 10, 2024, with the suspects caught at a facility known as Big Leaf Building on Victoria Island. Among those arrested were large contingents of foreign nationals, including 140 Chinese and 40 Filipinos, who were found utilizing the premises to train Nigerians in exploitative schemes aimed primarily at the United States and Canada.