How Access Bank IT Staff Tempered With Bank’s System & Carted Away N3.5b
Operatives of the Economic and Financial Crimes Commission (EFCC) have uncovered how Access Bank PLC lost a whopping sum of N3.5b within minutes through a […]
Business
EFCC Secures Final Forfeiture Of N204.8m, 15 Properties For Fraud Victims
The Economic and Financial Crimes Commission, EFCC on Monday June 10, 2024 secured the final forfeiture of the sum of N204,849,859.00 (Two Hundred and Four […]
Minimum Wage: FG Warns Of Mass Sacking As Labour Disowns Agreement
The Federal Government on Wednesday admonished organised Labour to consider the broader economic implications of its push for an unrealistic higher national minimum wage. The […]
NDIC Lists Heritage Bank’s Head Office, Other Assets For Sale
The Nigeria Deposit Insurance Corporation has listed the head office in Lagos and branches of failed Heritage Bank across the country for sale in its […]
Audit Reveals NNPCL Inflated Subsidy Claims By N3.3Trillion, Tinubu Government To Probe Activities Of National Petroleum Company Under Buhari
A forensic audit conducted by KPMG, a global accounting firm, has uncovered a significant discrepancy in the fuel subsidy claims made by the Nigerian National […]
EFCC arraigns TStv CEO, executive director for money laundering
The Economic and Financial Crimes Commission (EFCC) arraigned Bright Echefu, CEO of Telecom Satellites Limited (TStv), and three others on a nine-count money laundering charge […]
FG unveils fresh plan to spend N5.4 trillion on fuel subsidy
As part of efforts to stabilize the Nigerian economy, the federal government has unveiled a fresh plan to spend about N5.4 trillion on fuel subsidy. […]
N40 Billion Fraud in First Bank: General Ledger ‘Manipulation’ and Internal Control Failures
When the previous CEO of FirstBank resigned abruptly, like a janitor who comes to work and quits the same day, without the months-long notice we […]
Court orders forfeiture of Properties worth N11.14 Billion linked to Emefiele
A Federal High Court in Lagos, on Wednesday, granted an order for the interim forfeiture of properties valued at N11.14 billion linked to a former […]
Femi Otedola Exposes ‘fraudulent’ Transactions In Zenith Account, Accuses Jim Ovia
Billionaire Businessman, Femi Otedola has accused Jim Ovia, Chairman of Zenith Bank Plc of fraudulently using an account belonging to his company, Seaforce Shipping Limited, […]