Special Reports
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…
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…
Nigerian Police Declare Three Cabota Energy Directors Wanted Over Alleged Kidnapping, Assassination Plot, ₦3Billion Gas Plant Fraud
The Nigeria Police Force has declared three directors of Cabota Energy Services Limited wanted over allegations of conspiracy, terrorism, kidnapping,…
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