Investigations
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…
Wema Bank Suffers N2.9 Billion Loss Due To Transfer System Failure
Wema Bank Plc is scrambling to reclaim approximately N2.9 billion in funds that were allegedly siphoned from its system following…
Stanbic IBTC Legal Scandal: N260b crisis threatens financial institution
STANBIC IBTC Holdings PLC is drowning in a crippling 405 lawsuits, with a jaw-dropping N260 billion reserved for legal battles, exposing…
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…
First Bank Crisis: Otudeko, Onasanya’s Controversial Deals Under Scrutiny
Fresh details have emerged over the un-ending crises rocking Nigerian lender, First Bank of Nigeria Limited and its parent company,…
Otudeko and Onasanya to Face EFCC Charges Over Alleged N12.3bn First Bank Fraud
The Economic and Financial Crimes Commission, EFCC, is set to arraign Oba Otudeko, a former chairman of First Bank of…
The Daily Newsletter
