Central Bank of Nigeria (CBN) has strengthened its pre-emptive surveillance of banks to unearth infractions and ensure compliance with extant rules and guidelines, according to the...
Economic and Financial Crimes Commission (EFCC), has revealed that approximately 70 percent of financial crimes in Nigeria are connected to banks. Ola Olukoyede, chairman, EFCC, stated...
Economic and Financial Crimes Commission, EFCC says it has tracked and frozen thirty billion naira of the forty- four billion naira moved from the accounts of...
Economic and Financial Crimes Commission (EFCC) has alerted Nigerians against unauthorised bank withdrawals linked to Automated Teller Machine (ATM) card swapping fraud. The commission issued the...
Dr Ken Opara, president, Chartered Institute of Bankers of Nigeria (CIBN) has said that there was a need for the creation of a specialised court to...
Tracka, BudgIT’s service delivery promotion platform, has said that it has uncovered N8.6 billion payments to twenty-six contractors for 19 projects across nine states that have...
First Bank Nigeria Plc have confirmed allegation that N68 million was illegally and fraudulently withdrawn from the account of a customer who banks with the bank’s...
Polaris Bank has lost N26.005 billion worth of loans granted to 6 ex-directors, mostly without collaterals. Economy Post found from the bank’s 2022 annual report that...
Auwal Musa Rafsanjani, executive director, Civil Society Legislative Advocacy Centre (CISLAC), on Monday, expressed grave displeasure over the endemic corruption ravaging Nigeria which has led to...
Chike Agada, unlicensed foreign exchange dealer, has been arrested by operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) for alleged...
