Tag: Bank

Bank Manager Bags Five Years for N27m Theft

Henry Solomon- November 27, 2020

Justice Adie A. Onyebueke of the Cross River State High Court, Akamkpa, has sentenced one Augustine Effiong Bassey to five years imprisonment for stealing N27 ... Read More

Police arraign bank employee, 30, over alleged N2.4m theft

Abdul Jimoh- February 6, 2020

A 30-year-old employee of Wema Bank Plc, Tojah Dimike, on Thursday appeared before an Ado-Ekiti Chief Magistrates’ Court, Ekiti, charged with stealing N2.4 million, property ... Read More

Lady caught with 23 ATM cards hidden in her private part

Abdul Jimoh- November 27, 2019

Police in Dar es Salaam, Tanzania, has reported that a woman identified as Halima Juma, was arrested with 23 ATM cards allegedly tucked inside her ... Read More

Cooperatives to Now Access Housing Loans

Henry Solomon- November 8, 2019

Cooperative societies across the country will now be able to access housing loans from the Federal Mortgage Bank of Nigeria. This is major fallout of ... Read More

4 bank wire fraudsters in EFCC net

admin- April 26, 2019

The Economic and Financial Crimes Commission, EFCC has arrested four persons who attempted to carry out a fraudulent Bank Wire Transfer to the tune of ... Read More

13 customers of Fidelity bank get N16m under GAIM initiative

admin- January 22, 2019

Fidelity Bank By Chinyere joel-Nwokeoma Fidelity Bank Plc on Tuesday splashed 13 customers with N16 million under the Get Alert in Millions Savings (GAIM) season ... Read More

4 Nigerian Banks Penalized, MTN to Refund $8b

AMT Tanimu- August 29, 2018

The Central Bank of Nigeria (CBN) says it has imposed heavy sanctions totaling N5.87 billion on four banks under its regulatory purview and asked same ... Read More

Offa Bank Robbery Update: Saraki Still Under Investigation Says Police, Additional 2 Suspects Arrested

AMT Tanimu- June 6, 2018

Nigeria Police Force have arrested two (2) out of the three (3) suspects mentioned by the Overall Gang Leader of Offa Bank Robbery Ayoade Akinnibosun ... Read More

Saraki Replies Claims by Police

AMT Tanimu- June 4, 2018

Yusuph Olaniyonu, Abuja: The attention of the Senate President, Dr. Abubakar Bukola Saraki, has been drawn to a story circulating online and apparently derived from ... Read More

Police Invites Saraki as 22 Suspects Arrested on Offa Bank Robbery Implicates Him

AMT Tanimu- June 3, 2018

Jomoh Moshood, Abuja: Senate President, Sen. Bukola Saraki is being invited to report to the Police to answer allegations indicting him from confessions of Five ... Read More

Court Acknowledges More Bank Documents in Evidence Against Former PDP National Chairman

Henry Solomon- April 11, 2018

The Federal High Court, Abuja, on Wednesday admitted more bank documents in evidence tendered by the Federal Government in the ongoing trial of Bello Halilu, ... Read More

Court Dismisses Landlord’s Breach of Property Lease Suit Against UBA

Henry Solomon- April 10, 2018

Justice Bola Okikiolu-Ighile of an Igbosere High Court in Lagos on Tuesday dismissed the N36.8 million suit filed by a Lagos businessman, Alhaji Azeez Ayomumoye, against the United ... Read More

VP Osinbajo Commissions African Development Bank in Kano

AMT Tanimu- January 19, 2018

Salihu Yakasai, Abuja: His Excellency Dr Abdullahi Umar Ganduje OFR today attended the commissioning of the newly constructed African Development Bank office in Nigeria which ... Read More

Expert Wants Micro-Finance Banks Regulated

Arowobusoye Samuel- September 28, 2017

Dr Ja’afar Sa’ad, a political economist, on Thursday advocated for the re-establishment of an autonomous body to license, supervise and regulate community/micro finance banks in ... Read More

CBN Goes Tough on Erring Commercial Banks

AMT Tanimu- September 21, 2017

Olalekan Ajayi, Abuja: The Central Bank of Nigeria (CBN) on Monday, September 18, 2017, threatened to sanction any Deposit Money Bank (DMB) in breach of ... Read More

Central Bank Pegs Lending Rate Unchanged At 16 Percent

AMT Tanimu- August 2, 2017

Angola’s Apex bank kept its benchmark lending rate unchanged at 16 per cent following a policy meeting on July 31, the regulator said in a ... Read More

Nigeria Urges IsDB To Support The Implementation Of ERGP

Abdul Jimoh- May 18, 2017

Nigeria Urges IsDB To Support The Implementation Of ERGP The Federal Government has urged the Islamic Development Bank (IsDB) to do more for Nigeria by ... Read More

10 Things to Know For Today

Suleiman Idris- May 11, 2017

Massive Shake up in Nigeria Customs Service Following the statutory retirement of some members of Management, within the last three months, the Management of the ... Read More

Apex Bank Restores Calm In FOREX Market As Dollar Demand Slumps

AMT Tanimu- April 16, 2017

Olalekan Ajayi, Abuja: The efforts of the the Apex bank (Central Bank of Nigeria) is aimed at ensuring stability in the foreign exchange market may ... Read More

Bank Customer Reports N.9m Suspicious Transaction To EFCC

Henry Solomon- February 27, 2017

A Customer of  one new generation Bank has reported a suspicious transaction of N.9m (nine hundred thousand naira) to the Economic and Financial Crimes Commission ... Read More