Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.
Uche David Obinali, niece of ex-Governor Rochas Okorocha, faces fraud charges for an alleged N17 million land scam in Abuja. She pleaded not guilty and was granted bail. Read the full details.
Saheed Sunday Owolabi, a Nigerian man, faces 40 years in US prison for wire fraud and money laundering in romance scams. Read the full story of the cyber fraud conviction.
The Coalition of Northern Groups accuses foreign and local actors of a coordinated plot to destabilize Northern Nigeria through violence and propaganda. Read the full statement and demands.
Temitope Bashua, 29-year-old Nigerian, sentenced to 30 months in US prison for $290,000 COVID-19 relief fraud scheme. Learn details of the case and consequences.
Google, LinkedIn and TikTok removed over 28 million Nigerian accounts linked to fraud and harmful content in one year. Learn how this affects online security.
The US Mission in Nigeria warns citizens about sophisticated fake job and visa scams. Learn how to spot fraud and protect yourself from losing money.
Former Senator Farouk Bunza demands NDIC release title documents for N4.76bn Banana Island property after full payment. Legal action threatened over contract breach.
Disgraced ex-TV anchor Stephanie Hockridge sentenced to 10 years for multi-million dollar COVID fraud scheme. Ordered to pay $64M restitution for fake PPP loans.
A suspected ATM card scammer was brutally beaten by shoppers in Tongaat after targeting bank customers. His accomplices fled the scene. Read full details.
Two Texas men planned to invade Haitian island, kill men and enslave women and children for sex. Federal prosecutors reveal disturbing details of the foiled plot.
A Federal High Court in Lagos has sentenced a tailoring apprentice to one year imprisonment for defrauding a victim of N450,000 through internet fraud. Read the full details of the judgment.
CBN warns Nigerians against Zuldal Microfinance Bank operating illegally in Lagos, Abuja, Kaduna, and Kano. Verify licensed MFBs before transactions.
Learn how to open a Wema Bank account quickly using ALAT app, USSD code *945*1#, or visiting a branch. Essential requirements: valid ID, BVN, passport photo.
CIFCFIN urges unified action against fraud costing $4.7T globally. Dr. Gashinbaki calls for strengthened regulations, ethical culture during International Fraud Week.
A secondary school student shares heartbreaking experience after being scammed at Computer Village Ikeja. Read his story and learn how to protect yourself from similar fraud.
Nigerian doctor Richard Akinrolabu sentenced to 3 years in UK prison for defrauding NHS of £268,000 while on sick leave. Full details of the fraud case uncovered.
UK court sentences Nigerian doctor Richard Akinrolabu to 3 years imprisonment for defrauding NHS of £268,000. Full details of the fraud case revealed.
Zenith Bank Plc is set to enter the Kenyan market by acquiring Paramount Bank, marking a strategic step in its pan-African expansion. The deal awaits regulatory approval from Nigerian and Kenyan authorities.
A Nigerian fashion designer paid N2.6 million for a Lagos apartment only to discover over 30 others were scammed for the same house. She's now seeking public help as authorities fail to act.
Central Bank intervenes with $50 million FX sale to Access, Zenith, UBA amid naira volatility. Naira falls to N1,472/$ in parallel market despite reserves growth. Read latest analysis.
Nine major Nigerian banks reported a combined N14.72 trillion in interest income for the first nine months of 2025, a 27.68% increase driven by high interest rates. Discover which banks led the growth.
FCT High Court adjourns N300m gold theft case to January 19-20, 2026. Defendants accused of stealing Hajia Halima Suleiman's jewellery. Get the latest court updates.
EFCC arraigns former Access Bank operations head Obinna Nwaobi for allegedly diverting $510,000 from customer account. Case adjourned to March 2026. Read full details.
Ukrainian President Zelensky imposes sanctions on ex-business partner Timur Mindich amid a $100M energy sector fraud scandal. Key ministers resign as anti-corruption efforts intensify.
Central Bank of Nigeria publishes updated lending rates for Access Bank, UBA, Zenith Bank and others. See the new prime and maximum rates affecting loans.
Access Bank, Zenith Bank, UBA, and other Nigerian banks mandate customers to link NIN or Tax ID by January 1, 2026, or face account restrictions under new tax laws.
A Nigerian family discovers their father's house in Ifo, Ogun was sold for N4 million by a relative without proper documentation. The community king intervened to recover the property.
A Zimbabwean nurse faces fraud charges after allegedly using dead people's identities to claim $15,000 in life insurance benefits. Learn how authorities uncovered the scheme.
Wema Bank invites job seekers for nationwide walk-in interviews from Nov 17-21, 2025. Positions available for Commercial Relationship Management Officers. Bring your CV and credentials.