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Ex-NNPC CFO, Umar Isa Ajiya, indicted in ‘suspicious’ N3.4bn payments

Umar Isa Ajiya, former Chief Financial Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), has been indicted for…

Paystack Fires Co-Founder Ezra Olubi Over Sexual Misconduct Allegations

Paystack has suspended its co-founder and Chief Technology Officer, Ezra Olubi, over allegations of sexual misconduct involving a subordinate. The…

Travevo Travels Drags SFPL MD, Alexander Anyanwu To Court Over Alleged N41M Visa Fraud

A Lagos-based travel and migration agency, Travevo Consulting Limited, has dragged Smart Flights Partners Limited (SFPL) and its managing director,…

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…

How Seplat’s ex-chairman Ambrosie Orjiako fraudulently hid assets over $220.3m Access Bank debt

A British Virgin Islands (BVI) court has ruled that Ambrosie Orjiako, a former chairman and co-founder of Seplat Energy Plc, fraudulently concealed assets…

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…

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Human Angle

“Some Governors Are Enabling Terrorists” — Prof. Akinyemi Calls For Military Tribunals And Emergency Rule

Professor Bolaji Akinyemi, elder statesman and former Foreign Affairs Minister, has accused some state governments of enabling terrorist operations by…

“24 Kebbi Schoolgirls Freed” — Security Agencies Rescue Students Kidnapped From GGCSS Maga

Twenty-five schoolgirls abducted from the Government Girls’ Comprehensive Secondary School (GGCSS) in Maga, Kebbi State, on 17 November have been…

Lady quits Catholicism for Islam, shares the meaning of her new name

A Nigerian ladywho quit Catholicism for Islam is making waves after revealing  the meaning of her new name. The lady…

“My mental health is at stake”- Woman in tears as she ends 10-year relationship

‎A Nigerian lady is devastated after ending her 10‑year relationship, opening up about her battle with depression. ‎She shared the…

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More News

Wema Bank officials, Others Allegedly Conspire To Tamper With Customers’ data, ‘steal N8.5 billion’

Three employees of Wema Bank Plc have been arraigned by the Economic and Financial Crimes Commission (EFCC) for allegedly defrauding…

Lagos fraudster Yomi Olaleye nabbed in U.S., convicted of $10 million COVID-19 fraud

Lagos-based fraudster Yomi Jones Olayeye faces up to 20 years in U.S. prison after pleading guilty to COVID-19 unemployment benefits…

How Halima Buba, SunTrust Bank CEO, director allegedly laundered $12m

Halima Buba, the managing director/CEO of SunTrust Bank Nigeria Limited and the bank’s Executive Director/CCO, Innocent Mbagwu are in trouble…

Access Bank Staff Secretly Films Female Colleagues In Restroom

A former Quality Assurance Specialist at Access Bank’s contact centre in Oniru, Lagos State, Stephen Ifeanyichukwu Ejezie, has been accused…

Fidelity Bank MD Engages In Insider Trading Amid N225Billion Court Judgment Pressure

The Managing Director and Chief Executive Officer (MD/CEO) of Fidelity Bank, Dr. Nneka Onyeali-Ikpe, is reportedly engaged in insider trading…

₦1 billion worth jewelries, $50k, N30m cash found in Aisha Achimugu’s home by EFCC

A Nigerian businesswoman who made national headlines last year for throwing a seven-day birthday party at the $132,000 per night…

Mamuda Beverages dragged to court for trademark infringement with POP Power Energy Drink

Mamuda Beverages Limited a Kano-based beverage company, has been dragged to court again with its Pop Energy drink, for allegedly…

CEO of Vale Finance, Adesola Adeyinka swims in alleged $42,000 fraud

Adesola Adeyinka, the CEO of  Vale Finance Limited, Vale Blue Limited and Coral Stone Limited, is currently facing prosecution for…

Paystack Fined N250m Over Zap Wallet Operations

Nigeria’s Central Bank has fined Paystack, one of the country’s most prominent fintech companies, ₦250 million ($190,000) for allegedly operating…

Union Bank Customers Lose N9.3 Billion to Cyber Attack

Union Bank of Nigeria Plc led by Yetunde Oni, is currently grappling with a massive N9.3 billion fraud following a…

Access Bank allegedly diverts N826m into a fraudulent account

The charges followed an investigation by the Independent Corrupt Practices and Other Related Offences Commission (ICPC). Access Bank Plc and…

NUPRC CEO, Gbenga Komolafe, Aisha Achimugu alleged $5m oil block deal exposed

Gbenga Komolafe, the pioneer chief executive officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), stands accused of orchestrating a…

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,…

Court Declares UBA’s Dismissal Of Employee Wrongful, Orders Compensation

Hon. Justice Anthony Ubaka of the Lagos Judicial Division of the National Industrial Court has declared the purported summary dismissal…

Court orders arrest of Businessman, Ayodele Toyosi over ‘N600m, $50,000 fraud’

For allegedly being involved in an agribusiness investment fraud of the sum of N600 million and $50,000, Justice Olubunmi Abike-Fadipe…