PalmPay Denies ₦750m Unlawful Debit, Says Kudiwave Funds Were Transferred on Court Order
PalmPay has denied unlawfully debiting ₦750 million from Kudiwave’s account, saying the funds were transferred to a police recovery account…
Polaris Bank Ordered to Pay N20m Damages for Blacklisting Former Staff
A Lagos Industrial court has ordered Polaris Bank to pay N20 million in damages after finding the bank liable for…
Azman Air Ordered to Pay Pilot ₦14m Outstanding Salary
The National Industrial Court sitting in Kano has awarded former Azman Air Line Captain, Abubakar, ₦16.4 million for unpaid salaries,…
News
Jingir’s uninformed statement has triggered fresh animosity between Christians, Muslims – Shehu
Activist Mahdi Shehu has criticised Islamic cleric Sheikh Sani Jingir over his recent description of Christians as infidels, calling the…
Ex-Port Harcourt refinery MD, Ahmed Dikko arraigned, granted bail over ‘money laundering’
The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned a former Managing Director of the Port Harcourt Refining Company…
FULL LIST: Names, crimes of 4,000 Nigerians jailed in U.S. prison from 2016 to 2025
In the past 10 years, a total of 3,968 Nigerians have been convicted and jailed for different crimes in the…
EFCC Arraigns IIHL Boss Over Alleged $1.5m Investment Fraud as Mauritius Suit Seeks 22.4% Shareholding Recognition
The Economic and Financial Crimes Commission (EFCC) has arraigned the Chief Executive Officer of IIHL over an alleged $1.5 million…
Stanbic IBTC Pension, PenCom, Bank Ordered to Pay Damages Over Delayed Pension Withdrawal
A court has awarded damages against Stanbic IBTC Pension, the National Pension Commission (PenCom), and a bank over alleged delays…
Bukky Olukoga Pleads Guilty in US Case, Loses Multimillion-Dollar Illicit Proceeds
Nigerian businesswoman Bukky Olukoga has pleaded guilty in the United States and agreed to forfeit multimillion-dollar proceeds connected to an…
Anambra Politician Franklin Nwadialu Jailed Five Years in US Over $3.5m Romance Scam
Anambra politician Franklin Nwadialu has been sentenced to five years in a United States prison after being convicted in connection…
NDLEA Begins Trial of Billionaire Ukatu Afamefuna Mallinson Over Alleged 322kg Tramadol Possession
The National Drug Law Enforcement Agency (NDLEA) on Monday commenced the trial of billionaire businessman, Chief Ukatu Afamefuna Mallinson, alongside…
Former Skye Bank MD Tunde Ayeni re-arraigned over N15.6bn fraud
The Economic and Financial Crimes Commission on Monday, June 22, 2026, re-arraigned prominent businessman Tunde Ayeni, former Chairman of the…
EFCC Arrests Travel Firm CEO Chukwujindu Nchekwube Over Alleged N68m Visa Fraud
The Economic and Financial Crimes Commission has arrested the CEO of Goodben Global Travels and Tour, Chukwujindu Goodness Nchekwube, and…
Nigerian officials are notorious for forging documents, USCIS tells court
The U.S. Citizenship and Immigration Services (USCIS) has told a federal court that concerns about Nigerian documents being unreliable and public…
UK Sanctions Pilot Finance for Ties to Russian Network
The UK government on Tuesday imposed sanctions on a Nigerian financial services and investment company, Pilot Finance Limited, and other…
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Human Angle
Shooting of innocent motorists will attract severe punishment -Abia CP warns Policemen
The new Commissioner of Police in Abia State, Wilfred Olatokunbo Afolabi has warned that any officer who unjustifiably shoots a…
Police arrest 56-yr-old suspect for alleged distribution of illicit drugs in Delta community
Operatives of Delta State Police Command’s Violent Crime Response Unit, VCRU, have arrested a 56-year old suspect, Lucky Oyiboka for…
Niger: Police arrest 20-year-old over alleged midnight attack, attempted kidnap of two women
The Niger State Police Command has arrested a 20-year-old man, Tukur Bello, over an alleged midnight invasion of a residence…
Bauchi Police begin crackdown on traffic offenders
The Bauchi State Police Command has launched a statewide enforcement operation targeting motorists and other road users who violate traffic…
Business & Economy
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Globacom’s CEO, Ahmad Farroukh steps down after one month
Ahmad Farroukh, a seasoned executive with prior stints at MTN and Smile Communications, reportedly struggled to align his management style…
Wema Bank Suffers N2.9 Billion Loss Due To Transfer System Failure
Wema Bank Plc is scrambling to reclaim approximately N2.9 billion in funds that were allegedly siphoned from its system following…
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…
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…
$12m fraud: SunTrust Bank MD begs court to travel abroad over alleged pregnancy complications
Managing Director (MD) of SunTrust Bank Ltd, Halima Buba, on Thursday, sought an order permitting her to travel to the…
Former Bauchi Accountant-General faces 16 charges in N11bn fraud case
A former accountant-general of Bauchi State, Sa’idu Abubakar, has been arraigned before a High Court in the state over an…
Polaris Bank Ordered to Pay N20m Damages for Blacklisting Former Staff
A Lagos Industrial court has ordered Polaris Bank to pay N20 million in damages after finding the bank liable for…
CBN Fines Zenith, First Bank, Globus Bank, and Others N1.3bn for Cash Dispensing Violations
The Central Bank of Nigeria (CBN) yesterday announced that it has imposed fines amounting to N1.35 billion on nine Deposit…
EFCC to Arraign Businessman Niyi Oyedele Over Investment Scam
The Economic and Financial Crimes Commission (EFCC) has filed a six-count charge against Lagos businessman Niyi Oyedele and his company,…
Fidelity Bank Accused Of Withholding Customer’s Funds, Manager Allegedly Demands Bribe For Release
A man identified as Patrick Majekodunmi Benjamin has accused Fidelity Bank of unlawfully withholding his wife’s funds and insinuating bribery…
Sanwo-Olu Allegedly Linked To SunTrust Bank’s $12 Million Money Laundering Scandal
Fresh revelations have surfaced suggesting a possible link between Lagos State Governor, Babajide Sanwo-Olu, and the ongoing $12 million money…
U.S. authorities arrest Nigerian, Cashmir Chinedu Luke for ‘$7m fraud’
The CEO of a United States-based home care company, Cashmir Chinedu Luke, has been arrested at San Francisco International Airport…
Wema Bank stock drops to N25.65 after colosal fraud report
WEMA Bank stock dropped by 0.4 percent to N25.65 after a report exposed that the humongous fraud that occured in the…
Former Skye Bank MD Tunde Ayeni re-arraigned over N15.6bn fraud
The Economic and Financial Crimes Commission on Monday, June 22, 2026, re-arraigned prominent businessman Tunde Ayeni, former Chairman of the…
Alleged N12.3billion fraud: How EFCC attempted to arrest Bisi Onasanya
Following widespread reports of banker Bisi Onasanya absconding from the country to Ghana in order to escape prosecution by the…
London Court Awards $380m Against NLNG Over Alleged Breach of Contract
A London court has awarded a $380 million judgment against the Nigerian Liquefied Natural Gas (NLNG) for non-delivery of cargoes…
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…
Security Lapses Exposed As Sterling Bank Admits Error In Fraud-linked Account
Sterling Bank Plc has attributed the controversial opening of a bank account in the name of a Lagos resident, who…
Court Rules UBA Mass Sacking Wrongful, Orders Loan Repayment Via Insurance
The National Industrial Court of Nigeria, Lagos Judicial Division, has declared that some former employees of United Bank for Africa…
Saipem Contracting, Directors Charged Over Alleged Tax Fraud
The Nigeria’s Inland Revenue Service (IRS) has filed a six-count criminal charge against oil and gas services firm, Saipem Contracting…
