Nigeria
Court Fixes March 28 for Arraignment of Petro Union Directors Over Alleged £2.5bn Fraud
Justice Chukwujekwu Aneke of the Federal High Court, Lagos, has fixed March 28, 2025, for the arraignment of four directors…
Police to Arraign CMB Building CEO, Kelechukwu Mbagwu, Over N1bn Fraud on April 30
A Federal High Court in Lagos has scheduled April 30 for the arraignment of Kelechukwu Mbagwu, the Chief Executive Officer…
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…
Reps probe Oando, Chevron, Mobil, Shell, AITEO, Seplat, others over N9.4trn debt
Nigeria’s House of Representatives, through its Committee on Public Accounts, is commencing investigative hearings aimed at addressing significant outstanding debts…
The Daily Newsletter
