Wike sacks FCT-IRS revenue boss
The Minister of the Federal Capital Territory, FCT, Nyesom Wike, has dismissed Mr Michael Ango from his position as Acting…
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Wike sacks Acting Chairman of FCT Internal Revenue Service
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has relieved the acting Executive Chairman of the Federal Capital…
Special Reports
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…
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…
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…
Human Angle
EFCC arraigns magistrate for alleged bribery
The Economic and Financial Crimes Commission, EFCC, has arraigned Mohammed Kumo before Justice H.H. Kereng of the Gombe High Court…
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…
Court remands man for alleged housebreaking, theft of N22.5m gadgets
A Magistrates’ Court sitting in Akure, the Ondo State capital, has remanded a 37-year-old man, Azubike Ugochukwu, in a correctional…
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EFCC Charges Former AMCON MD Ahmed Kuru and Four Others with N76 Billion, $31.5 Million Fraud
The Economic and Financial Crimes Commission (EFCC) has arraigned the Former Managing Director of Assets Management Cooperation of Nigeria (AMCON),…
Unity Bank crisis deepened amid Providus merger, job cuts
Unity Bank’s financial woes stem from a loan portfolio heavily concentrated in the agriculture sector, accounting for 91% of its…
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…
Court awards N5m in damages against Ecobank for account restriction
The Court of Appeal sitting in Owerri has delivered a landmark judgment affirming that Ecobank Nigeria Limited acted unlawfully in…
Wife and Mistress of Late Chevron Staff Monday Ovuede Battle Over Property
Fresh crisis is currently brewing in the family of late Monday Ovuede, a former Executive Director of Chevron Nigeria Limited as…
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…
How Sterling Bank opened account, received billions for unregistered firm
Sterling Bank opened an account for Indo Kaduna MRTS JV Nigeria Limited—a joint venture entity set up in 2016 by…
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…
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)…
Seplat Energy, CEO, and 11 Executives Sued by Nigerian Government for $37.5 Million in Alleged Tax Evasion
Seplat Petroleum Development Company Limited (also known as Seplat Energy Plc) and 12 senior officials of the company have been…
Businessman Ogbole Drags FCMB To Court, Seeks $60,206, N25M For ‘Unpaid Commission’
A businessman, Michael Ogbole, has instituted a lawsuit against First City Monument Bank (FCMB), demanding $60,206.66 as ‘unpaid commission’ from…
UBA Managers Accused Of Bully, Threats, Humiliation, Phone Seizure In Shocking Whistleblower Leak
There is ongoing drama in the United Bank for Africa (UBA) as contract staff of the bank’s Customer Fulfilment Center (CFC) have…
Court awards £1m damages against Union Bank over ‘illegal’ £130.7m deduction from NICON’s account
It was malicious to join Jimoh Ibrahim, says judge•Bank to pay £1m damages The Lagos State High Court in Ikeja…
Sterling Bank Staff Hack System to Steal N1.2 Billion from Depositors’ Accounts
Sterling Bank Limited and its holding company, Sterling Financial Holdings Company, are currently battling a N1.257, 536, 572. 80 billion…
Court freezes bank accounts over ₦5.7 billion Keystone Bank transfer glitch
A Nigerian court has frozen multiple bank accounts after a Keystone Bank system malfunction artificially inflated account balances, allowing unauthorized…
