Hong Kong elections overshadowed by fire tragedy
Hong Kong recorded one of its lowest ever voter turnouts in Sunday’s Legislative Council elections, with fewer than 32% of…
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TikTok restricts night-time LIVE streaming in Nigeria
TikTok has imposed a temporary overnight restriction on its LIVE streaming feature for users in Nigeria, announcing the move through…
Special Reports
U.S. authorities arrest Nigerian, Cashmir Chinedu Luke for ‘$7m fraud’
The CEO of a United States-based home care company, Cashmir Chinedu Luke, has been arrested at San Francisco International Airport…
How Oak Homes Limited failed to provide apartments after paying N152m: Engineer
A Nigerian-American engineer, Mr. Anthony Ugbebor, has opened his defence in a protracted N152 million property dispute at the Lagos…
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…
Audit uncovers over N61bn payment breaches in NNPC
The Office of the Auditor-General for the Federation has uncovered 28 major financial irregularities linked to the Nigerian National Petroleum…
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…
Human Angle
Jigawa: One killed, many injured in farmers–herders clash
A farmer identified as Magaji Mai’aya has been reported killed, with several others, including a police officer, injured in a…
Harrison Gwamnishu breaks silence following accusations of ransom theft
GistReel Popular Nigerian activist and founder of Safe City Foundation, Harrison Gwamnishu, has responded to allegations that he diverted ransom…
Catholic Priest kidnapped in Kaduna
The Catholic community in Kaduna has been thrown into panic following the abduction of Reverend Father Emmanuel Ezema, a priest…
Man arrested for alleged N165m fraud in Benin-City
The Economic and Financial Crimes Commission, EFCC, in Benin has arrested a 64-years old Ndebusi Ikeukwumere for alleged property fraud at…
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ICPC Investigates Former Delta Lawmaker Ndudi Elumelu, Seals Property Amid Corruption Probe
The Independent Corrupt Practices and other Related Offences Commission, ICPC, is said to be investigating Hon. Ndudi Elumelu, the immediate-past…
Okezie Bonaventure Ogbata Admits Guilt in $6M Fraud Scheme Targeting Over 400 U.S. Victims
A Nigerian national pleaded guilty in the U.S. District Court for the Southern District of Florida to operating a transnational…
Managers Resort To Threats As Ex-UBA Staff, Bankers Cry Out Over ‘Depression’
A Lagos-based TikTok user, @queenlatina08, whom media can identify simply as Lateefah, has claimed she resigned from the Customer Fulfilment Centre (CFC)…
UBA sued ₦1bn over alleged illegal release of customer’s bank statements, details
United Bank for Africa Plc, UBA Plc, is facing a ₦1 billion lawsuit over allegations that it unlawfully released confidential…
First Bank Crisis: Customers in panic withdrawals over uncertainty
As the crisis that has bedeviled the once highflying Nigerian lender, First Bank of Nigeria Limited and its holding company,…
How Orion Marine, Taurus Oil and Gas, Taurus Storage diverted 12m litres of petrol
Orion Marine Limited, Taurus Oil and Gas Limited, owners of the Taurus Storage facility in Koko, Delta State have been…
Meet Ahonsi Unuigbe, Nigerian energy mogul with hidden $70 million oil stake in Canada
Ahonsi Unuigbe's rise from a sharp, ambitious investment banker to an influential force in the African energy sector is a…
EFCC declares Sujimoto CEO, Olasijibomi Ogundele wanted over money laundering
The Economic and Financial Crimes Commission (EFCC) has declared Lagos-based businessman Olasijibomi Ogundele wanted over allegations of fund diversion and…
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…
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…
Damages: Tenant serves Ogun PCC Commissioner, Morakinyo Akinleye, with notice; demands ₦3.2m
Miss Olayinka Oyeleye, a tenant in Degun Estate, Abeokuta, has served a legal notice to Mr. Morakinyo Akinleye, the Federal…
SunTrust Bank CEO, Halima Buba, director arraigned over ‘$12m money laundering’
Halima Buba, the chief executive officer of SunTrust Bank Nigeria Limited, has been arraigned by the Economic and Financial Crimes…
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…
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…
How Cardoso’s Women Turned CBN into a Dressing Table
Trouble Looms as External Force Seizes Control of Banking Regulator’s Boardroom · A Bank Held Hostage: Consultants Earn More than…
