Outcry as Lagos policeman assaults bus conductor in broad daylight
A police officer in Lagos State has come under heavy criticism after a viral video captured him assaulting a commercial…
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News
Hon Olabinjo vows more empowerment for Ifako-Ijaiye
…Lauds NewsDirect professionalism The member representing Ifako-Ijaiye Federal Constituency in the House of Representatives, Hon. Benjamin Olabinjo has expressed joy…
Special Reports
Ex-NNPC CFO, Umar Isa Ajiya, indicted in ‘suspicious’ N3.4bn payments
Umar Isa Ajiya, former Chief Financial Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), has been indicted for…
Paystack Fires Co-Founder Ezra Olubi Over Sexual Misconduct Allegations
Paystack has suspended its co-founder and Chief Technology Officer, Ezra Olubi, over allegations of sexual misconduct involving a subordinate. The…
Travevo Travels Drags SFPL MD, Alexander Anyanwu To Court Over Alleged N41M Visa Fraud
A Lagos-based travel and migration agency, Travevo Consulting Limited, has dragged Smart Flights Partners Limited (SFPL) and its managing director,…
Massive system breakdown hits Providus Bank, customer loses N482.7m
Providus Bank has been thrown into financial and legal turmoil after a system glitch led to unauthorised transfers totaling N482,702,750 from…
How Seplat’s ex-chairman Ambrosie Orjiako fraudulently hid assets over $220.3m Access Bank debt
A British Virgin Islands (BVI) court has ruled that Ambrosie Orjiako, a former chairman and co-founder of Seplat Energy Plc, fraudulently concealed assets…
NORD Motors Boss, Oluwatobi Ajayi Accuses Stanbic IBTC Of Unauthorised N700 Million Debit
Founder and Chief Executive Officer of Nigerian auto manufacturer Nord Automobiles, Oluwatobi Ajayi, has accused Stanbic IBTC Bank of unilaterally debiting N700 million…
EFCC declares Chappal Energies boss, Ufoma Joseph Immanuel wanted
Ufoma Joseph Immanuel, the founder of Chappal Energies, has been declared wanted by the Economic and Financial Crimes Commission (EFCC)…
Parallex Bank sued over alleged withholding of €7.3m shipping documents
FHT Mega Express Limited, a Lagos-based equipment, machinery, and logistics company, has dragged Parallex Bank Limited before the Lagos State…
Ernest Azudialu-Obiejesi in trouble as banks seize Nestoil over $1bn debt
Ernest Azudialu-Obiejesi, Nigerian oil magnate is currently facing hard times as a consortium of Nigerian banks has seized his Nestoil…
Human Angle
Malami Says EFCC Engagement ‘Successful’, Assures Further Cooperation As Anti-Graft Probe Deepens
Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, says his engagement with the Economic and Financial…
“Enugu Govt Nullifies Marriage Between 15-Year-Old Girl, 33-Year-Old Man” — Says Union Illegal, Harmful, Unacceptable After Videos Went Viral
The Enugu State Government has nullified the marriage between a teenage girl, Precious Oyiga, aged 15, and an adult man…
“It’s painful”- Nigerian-Australlian based siblings vow never to visit Nigeria again
Nigerian‑Australian siblings have made headlines after sharing details of their first visit to Nigeria. This was captured in a video…
“Terrorists Kill Three Immigration Officers” — Lakurawa Gang Launches Midnight Attack On Kebbi Border Checkpoint
Gunmen suspected to be members of the Lakurawa terrorist group have attacked a Nigeria Immigration Service checkpoint in Bakin Ruwa,…
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Access Bank Staff Secretly Films Female Colleagues In Restroom
A former Quality Assurance Specialist at Access Bank’s contact centre in Oniru, Lagos State, Stephen Ifeanyichukwu Ejezie, has been accused…
Fidelity Bank MD Engages In Insider Trading Amid N225Billion Court Judgment Pressure
The Managing Director and Chief Executive Officer (MD/CEO) of Fidelity Bank, Dr. Nneka Onyeali-Ikpe, is reportedly engaged in insider trading…
₦1 billion worth jewelries, $50k, N30m cash found in Aisha Achimugu’s home by EFCC
A Nigerian businesswoman who made national headlines last year for throwing a seven-day birthday party at the $132,000 per night…
Mamuda Beverages dragged to court for trademark infringement with POP Power Energy Drink
Mamuda Beverages Limited a Kano-based beverage company, has been dragged to court again with its Pop Energy drink, for allegedly…
CEO of Vale Finance, Adesola Adeyinka swims in alleged $42,000 fraud
Adesola Adeyinka, the CEO of Vale Finance Limited, Vale Blue Limited and Coral Stone Limited, is currently facing prosecution for…
Paystack Fined N250m Over Zap Wallet Operations
Nigeria’s Central Bank has fined Paystack, one of the country’s most prominent fintech companies, ₦250 million ($190,000) for allegedly operating…
Union Bank Customers Lose N9.3 Billion to Cyber Attack
Union Bank of Nigeria Plc led by Yetunde Oni, is currently grappling with a massive N9.3 billion fraud following a…
Access Bank allegedly diverts N826m into a fraudulent account
The charges followed an investigation by the Independent Corrupt Practices and Other Related Offences Commission (ICPC). Access Bank Plc and…
NUPRC CEO, Gbenga Komolafe, Aisha Achimugu alleged $5m oil block deal exposed
Gbenga Komolafe, the pioneer chief executive officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), stands accused of orchestrating a…
Wema Bank officials, Others Allegedly Conspire To Tamper With Customers’ data, ‘steal N8.5 billion’
Three employees of Wema Bank Plc have been arraigned by the Economic and Financial Crimes Commission (EFCC) for allegedly defrauding…
Lagos fraudster Yomi Olaleye nabbed in U.S., convicted of $10 million COVID-19 fraud
Lagos-based fraudster Yomi Jones Olayeye faces up to 20 years in U.S. prison after pleading guilty to COVID-19 unemployment benefits…
How Halima Buba, SunTrust Bank CEO, director allegedly laundered $12m
Halima Buba, the managing director/CEO of SunTrust Bank Nigeria Limited and the bank’s Executive Director/CCO, Innocent Mbagwu are in trouble…
EFCC Charges Former AMCON MD Ahmed Kuru and Four Others with N76 Billion, $31.5 Million Fraud
The Economic and Financial Crimes Commission (EFCC) has arraigned the Former Managing Director of Assets Management Cooperation of Nigeria (AMCON),…
Unity Bank crisis deepened amid Providus merger, job cuts
Unity Bank’s financial woes stem from a loan portfolio heavily concentrated in the agriculture sector, accounting for 91% of its…
Court awards N5m in damages against Ecobank for account restriction
The Court of Appeal sitting in Owerri has delivered a landmark judgment affirming that Ecobank Nigeria Limited acted unlawfully in…
