The Federal High Court in Lagos has ordered the permanent forfeiture of $835,081.46 found in the dollar wallet of SDQ Facilitators Limited, held with Leatherback (also...
A businessman, Michael Ogbole, has instituted a lawsuit against First City Monument Bank (FCMB), demanding $60,206.66 as ‘unpaid commission’ from the bank. The suit was filed...
Billionaire Businessman Muhammadu Indimi Accused of Acquiring His Children’s Stakes in Oriental Energy for $10 Million Prominent Nigerian billionaire and business magnate, Muhammadu Indimi, has been...
A Federal High Court in Ikoyi, Lagos, has ordered the final forfeiture of over N1.1 billion, $392,818, and £35,070 recovered from Muiz Tijani Adeyinka, a former...
The Gombe Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has arraigned Mustapha Mohammed, Chief Executive Officer (CEO) of MB Lugga Global Travels and...
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 a staggering...
The Nigeria Police Force has taken a significant step in the ongoing fraud investigation involving Afriq Arbitrage System (AAS) by arresting its CEO, Mr. Jesam Michael....
New revelations have surfaced regarding how Access Bank allegedly granted a N1 billion loan to DDSS International Company Limited using a property owned by MOB Integrated...
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 structure, heavily...
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 negligence. The...