News and Report

$9.6bn P&ID Fraud: Court Orders Closure of Two Companies

A federal high court in Abuja has ordered the closure of two companies linked to James Nolan, a British national,…

I Left Globus Bank Due To Shady and Unethical Transactions At Top Level, Says Olayiwola, Ex- IT Personnel

A former Information Technology (IT) officer at Globus Bank, Idris Babatunde Olayiwola, has dismissed as “baseless” and “untrue”, fraud allegations…

N16.5bn Fraud: AGF Takes Over Prosecution of Polaris Bank, Staff

The Attorney-General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi, has taken over the prosecution of Polaris Bank…

Emzor Pharmaceutical In N6.2B Debt Mess As Bank Files Winding-up Petition Against Firm

Emzor Pharmaceutical Industries is literally swimming in a pool of debt scandal as Nova Merchant Bank Limited filed a winding-up…

Supreme Court Affirms Conviction Of Ex-Bank PHB Boss, Francis Atuche For N25.7Billion Fraud

The Supreme Court of Nigeria, on Friday, delivered a final verdict, upholding the conviction of Francis Atuche, former Managing Director…

NAF helicopter crashes in Kaduna

An Air Force helicopter belonging to the Nigerian Air Force in the early hours of Monday crashed in Tami village,…