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Disgraced Ex-NHIS Boss Yusuf Shamed as Court Sends Him to Kuje Prison Over Five Counts of Fraud
A Federal High Court in Abuja has ordered the remand of Usman Yusuf, former Executive Secretary of the National Health Insurance Scheme (NHIS), in...
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Disgraced CEO Mustapha Mohammed of MB Lugga Global Travels and Tours Faces Court Over Shameful N144m Fraud Scandal
The Gombe Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has arraigned Mustapha Mohammed, Chief Executive Officer (CEO) of MB Lugga Global...
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9mobile’s Shameful Streak Continues As 6,079 Users Abandon Sinking Ship in 2 Months
In a shocking blow to Nigeria’s telecommunications sector, 9mobile, once a major player in the industry, is facing a deepening crisis as it lost...
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Police arrest CEO of Afriq Arbitrage System Jesam Michael over alleged $87m fraud
The Nigeria Police Force has taken a significant step in the ongoing fraud investigation involving Afriq Arbitrage System (AAS) by arresting its CEO, Mr....
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Zenith Bank obtains regulatory approval for N350bn raised in hybrid offer
Zenith Bank Plc has raised a total of N350.4 billion through its recently concluded hybrid Rights Issue and Public Offer.
In a statement released to...
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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 with Globacom’s centralised operational...
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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 Bank Nigeria Limited, for...
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U.S. lawmaker proposes bill to ban male ejaculation without intent to impregnate female
An American state senator, Bradford Blackmon, has proposed a bill titled the “Contraception Begins at Erection Act” before the Mississippi senate that will ban...