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Nairametrics
Home Sectors Legal & Regulations

Ex-NEXIM Bank MD Robert Orya jailed 490 years over N2.4 billion fraud

Rosalia Ozibo by Rosalia Ozibo
February 5, 2026
in Legal & Regulations, Sectors
Ex-NEXIM Bank MD Robert Orya jailed 490 years over N2.4 billion fraud
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The Federal Capital Territory High Court has convicted Robert Orya, former Managing Director of the Nigerian Export-Import Bank (NEXIM), for fraud totaling about N2.4 billion.

This was confirmed in a statement by the Economic and Financial Crimes Commission (EFCC) on February 5, 2026.

The conviction highlights the ongoing efforts by authorities to hold senior executives accountable for financial crimes in Nigeria.

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What EFCC said 

According to the EFCC, Orya was prosecuted by the commission’s Samuel Ugwuegbulam and convicted by Justice F.E. Messiri of the FCT High Court, Abuja.

Orya was sentenced to 490 years imprisonment on each of the 49-count charges brought against him, all relating to the fraudulent diversion of N2.4 billion during his tenure as NEXIM’s Managing Director from 2011 to 2016.

…More details coming

Rosalia Ozibo

Rosalia Ozibo

Rosalia is a versatile journalist with a focus on technology and education. She has a talent for turning complex ideas into engaging stories, exploring how innovation and learning shape the future of people, business, and society. From tracking shifts in digital transformation and emerging tech to writing about developments in education policy and practice, her work bridges insight and accessibility. Known for sharp analysis and compelling storytelling, she continues to provide readers with perspectives that connect knowledge, opportunity, and the evolving world of work.

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