Month: March 2026
N3.09bn Fraud Exposes Banking Lapses: Court Orders Partial Recovery as FCMB Recovers Losses
A major fraud case involving over N3.09 billion siphoned from customer accounts has exposed critical system lapses at First City…
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CRIME

EFCC Arraigns Man, Company Over Alleged $1.5m Oil Investment Fraud in Lagos
The Economic and Financial Crimes Commission (EFCC) has arraigned a man, Ufoma Joseph, before an Ikeja Special Offences Court in…
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BUSINESS

Court Orders Final Forfeiture of N81.1m Stolen Through System Glitch, Restores Funds to Sterling Bank
The Federal High Court in Lagos has ordered the final forfeiture of N81.1 million fraudulently withdrawn from Sterling Bank Plc…
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