Tag: Fraud

Consensus Fraud: When Governors Usurp the Voter’s Mandate, by Yushau A. Shuaib   A single word has quietly colonised Nigeria’s pre-election vocabulary — consensus. It is deployed with confidence, knowing they will not be challenged. Yet what is being paraded as consensus in many states today...

N566bn Recovered by EFCC in Two Years - Olukoyede   The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, says the agency has recovered over N566 billion and contributed significantly to President Bola Tinubu’s economic reforms through enforcement, asset recovery, and...

Dangote Fuel Discount Scheme Halted Over Fraud Claims   The Dangote Petroleum Refinery and Petrochemicals has uncovered a fresh racket involving some of its affiliate marketers and strategic partners who have been diverting subsidised refined petroleum products for profit, prompting the suspension of the refinery’s discounted...

The Economic Community of West African States (ECOWAS) has unveiled its electronic certificate of origin

The Nigerian banking sector is facing against fraudulent activities despite the rising economic challenges, according to findings by The PUNCH. 

Stakeholders Demand Better Security as Banks Lose N42.6bn to Fraud   Cybersecurity experts have stated that Nigerian banks must bridge the widening technology adoption gaps and closely track insider threats after losing N42.6bn to fraud between April and June 2024. The Financial Institutions Training Centre revealed the...