News

Three areas where Tinubu has made progress on economy – Adewole Adebayo

Former presidential candidate of the Social Democratic Party, SDP, Adewole Adebayo has highlighted three areas where President Bola Tinubu has…

Special Reports

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…

Paulinus Iheanacho Okoronkwo, ex-NNPC staff charged with $2.1m bribery in U.S.

Former employee of the Nigerian National Petroleum Corporation Limited, Paulinus Okoronkwo, now risks a maximum of 25 years’ imprisonment for…

Miden Systems Sues Sterling Bank Over Alleged Fraudulent Deductions

Miden Systems Limited has dragged Sterling Bank Limited and its management staff to court over alleged conspiracy, fraudulent practices, forgery,…

Court awards N30m fines against UBA over unlawful restriction of customer’s account

The Federal High Court in Abuja has ordered the United Bank for Africa Plc (UBA) to pay N30 million in…

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…

Security Lapses Exposed As Sterling Bank Admits Error In Fraud-linked Account

Sterling Bank Plc has attributed the controversial opening of a bank account in the name of a Lagos resident, who…

US Commission Drags Nigerian CEO, Nantomah To Court Over Alleged $1.9million Real Estate Fraud

The United States Securities and Exchange Commission (SEC) has filed a lawsuit against a Nigerian man, Joseph Nantomah, and a…

Controversial bizwoman, Olatimbo Bukola Ayinde named in Diezani bribery, subsidy fraud scandals

Olatimbo Bukola Ayinde, a Nigerian businesswoman with a controversial track record, was named as a defendant in the high-profile UK…

TAJ bank suffers system glitch resulting in N967.5m unauthorized transfers

TAJ Bank Limited, suffered another system glitch in March which resulted in an unauthorized transfers totaling N957.4 million to various…

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Human Angle

Gunmen kill Customs officer in Kebbi

An unidentified Customs officer attached to the Fingila checkpoint in Dandi Local Government Area of Kebbi State was reportedly shot…

Troops, police restore order after farmers-herders clash in Kwali, Abuja

Security forces have restored calm in Dadu community, Kwali Area Council of the FCT, following a violent clash between farmers…

Two suspected one-chance syndicate escape mob action in Abuja

Two suspected robbers on Friday escaped from being lynched at Chicken Junction, Wise 2, Abuja. Operating in an unmarked taxi,…

Conjoined twins return to Kano after successful separation in Saudi Arabia

A set of conjoined twins who underwent a successful separation surgery sponsored by the Kingdom of Saudi Arabia has successfully…

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More News

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…

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…

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…

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…