Special Reports
VFD Microfinance Bank Hit by N52.9 Million Fraud Scandal
A customer of VFD Microfinance Bank Limited, Advance Development Services Engineering Limited, has lost N52.9 million to fraud.
A Federal High Court in Abuja has...
Special Reports
EFCC Declares Asega Aliga, CEO of Teleology Holdings, Wanted for Financial Crimes
Dennis Asega Aliga, a stooge of late Isa Funtua, has been declared wanted by the Economic and Financial Crimes Commission, EFCC, for alleged money...
Special Reports
AMCON Takes Legal Action Against Caronc Investments MD Christopher Alabi for Unpaid Debt
The Assets Management Corporation of Nigeria, AMCON has sued Christopher Alabi, the group chairman of Caronc Investments Limited and five others before a Lagos...
Special Reports
Olukayode Olusanya, Oak Homes CEO arraigned for ‘N152m’ fraud
The Nigeria Police has arraigned Olukayode Olusanya, the chief executive officer of Oak Homes Limited, a Lagos-based real estate firm for an alleged N152 million fraud...
Special Reports
Fraud: US SEC fines Tingo founder, Dozy Mmobuosi $250m
The US government has ordered Mr Dozy Mmobuosi, the CEO of Tingo Group, to pay a fine of over $250 million, months after he was...
Special Reports
Fidelity Bank fined N555.8m over data breach, arrogance
The National Data Protection Commission (NDPC) has fined Fidelity Bank N555.8m for violating customers’ data privacy.
Mr. Vincent Olatunji, NDPC’s National Commissioner, said this on Wednesday in...
Special Reports
Zenith Bank Manager and Chinese Nationals Indicted in N17 Billion Nigerian Corporate Fraud
A Zenith bank branch manager in Lokoja, Salawu Nasiru, together with two Chinese citizens, Liu Yangxi and Ma Zhuang, have conspired to defraud two...
Special Reports
Corruption Probe Forces MTN CMO, Adia Sowho, to Resign
MTN Nigeria Communications Plc has commissioned an investigation into the activities of its Chief Marketing Officer (CMO) Ms. Adia Sowho who has been accused...