Banking Sector Lost N5bn To Fraud In Nine Months - NIBSS
The Nigeria Inter-Bank Settlement System Plc has said that more than N5bn was lost as a result of fraud in the banking sector between January and September 2020.
It disclosed this in its NIBSS Insight...
IMSU Alumni Boards Warns Against 'Fraudulent' ANUA Convention Tomorrow
The Board of Trustees (BoT) of the Imo state University Alumni Association (IMSUAA) has cautioned all Nigerians to dissociate from the convention of the Association of Nigerian Universities Alumni (ANUA) slated for 6-8th November in the...
FG Arraigns Dantata Success Promoters Over N2bn Fraud
The Federal Government has arraigned Dantata Success and Profitable Company and their promoters before the Federal High Court in Abuja for investment fraud amounting to over N2bn.
According to a statement from the Securities and Exchange Commission, those...
Petrol Subsidy Removed Because Of Fraud - Kyari
The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, said the Federal Government removed subsidy on petrol because of fraud.
Kyari said some cabals which he failed to identify perpetrated the fraud in the oil...
Bank Cautions Depositors On Rising Fraud Cases
Access Bank Plc has called on customers to be vigilant of the common tricks used by fraudsters to rob them of their monies.
The Executive Director, Retail Banking, Access Bank, Victor Etuokwu, made the call on Friday in a...
NEXIM Bank Refutes N50bn Fraud Allegation Against MD
The Nigerian Export-Import Bank (NEXIM), has refuted the fraud allegations made against its Managing Director and Chief Executive, Abba Bello, by a group known as Citizens Committee for Corruption Free Nigeria (CCCN).
According to the Bank, a social...
