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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…

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…

Access Bank CEO under fire over £15m London mansion purchase

The Chief Executive Officer (CEO) of Access Bank Plc, Roosevelt Ogbonna, is facing criticism after acquiring a £15 million mansion…

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Human Angle

“So bitter”- Lady loses brother four days after her father’s burial

‎A Nigerian lady is thrown into grief as her brother passes away just four days after her father’s burial. ‎The…

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…

“Even police fear bandits! Who are we” — Man laments as police halt movement on Ore road over alleged bandit presence

Movement along the popular Ore road was brought to a halt after police officers reportedly stopped travellers from proceeding due…

“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…

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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…

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…

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…

Wife and Mistress of Late Chevron Staff Monday Ovuede Battle Over Property

Fresh crisis is currently brewing in the family of late Monday Ovuede, a former Executive Director of Chevron Nigeria Limited as…

Negligence: Court Slams N2.9bn Judgement On Standard Chartered Bank

Justice Akintayo Aluko of a Federal High Court, Lagos, has awarded a total sum of N2,973.000.000 billion, against Standard Chartered…

How Sterling Bank opened account, received billions for unregistered firm

Sterling Bank opened an account for Indo Kaduna MRTS JV Nigeria Limited—a joint venture entity set up in 2016 by…

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…

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)…

Seplat Energy, CEO, and 11 Executives Sued by Nigerian Government for $37.5 Million in Alleged Tax Evasion

Seplat Petroleum Development Company Limited (also known as Seplat Energy Plc) and 12 senior officials of the company have been…

Businessman Ogbole Drags FCMB To Court, Seeks $60,206, N25M For ‘Unpaid Commission’

A businessman, Michael Ogbole, has instituted a lawsuit against First City Monument Bank (FCMB), demanding $60,206.66 as ‘unpaid commission’ from…

UBA Managers Accused Of Bully, Threats, Humiliation, Phone Seizure In Shocking Whistleblower Leak

There is ongoing drama in the United Bank for Africa (UBA) as contract staff of the bank’s Customer Fulfilment Center (CFC) have…

Court awards £1m damages against Union Bank over ‘illegal’ £130.7m deduction from NICON’s account

It was malicious to join Jimoh Ibrahim, says judge•Bank to pay £1m damages The Lagos State High Court in Ikeja…

Sterling Bank Staff Hack System to Steal N1.2 Billion from Depositors’ Accounts

Sterling Bank Limited and its holding company, Sterling Financial Holdings Company, are currently battling a N1.257, 536, 572. 80 billion…

Court freezes bank accounts over ₦5.7 billion Keystone Bank transfer glitch

A Nigerian court has frozen multiple bank accounts after a Keystone Bank system malfunction artificially inflated account balances, allowing unauthorized…