News
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...
News
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...
News
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....
Special Reports
Access Bank in N1bn loan scandal as Obanikoro alleges fraudulent collateral use
New revelations have surfaced regarding how Access Bank allegedly granted a N1 billion loan to DDSS International Company Limited using a property owned by...
News
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...
News
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...
Special Reports
NIRSAL Board member, Daphne Dafinone arraigned over alleged 100m fraud
The scheduled arraignment of Dr. Daphne Dafinone, a board member of the Nigerian Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), before a Federal...
Special Reports
Fraudsters Hack Moniepoint System, Steal Depositors’ N1.1bn
Moniepoint Microfinance Bank is currently battling to recover a N1.1 billion allegedly stolen by fraudsters from the bank.
The hacker, Sunday Ozimede, was said to...