US arrests Nigerian in Germany's €300M fraud case
American law enforcement has apprehended a Nigerian national and four accomplices wanted by Germany for orchestrating a massive €300 million fraud scheme spanning multiple countries.
Category : Search result: N20 billion fraud
Nigeria's $2.35B Eurobond Success Amid Naira Challenges
Nigeria's currency faces ongoing challenges while the Federal Government achieves a major financial milestone with overwhelming international investor confidence in its latest Eurobond offering.
Elon Musk's $56B Tesla Pay Package Faces Shareholder Vote
Tesla shareholders are voting on Elon Musk's controversial $56 billion compensation package that could become the largest CEO pay deal ever. Discover the high-stakes battle and what it means for Tesla's future.
Obaseki Denies N600B Debt: 'Political Fiction'
Edo State Governor Godwin Obaseki vehemently denies allegations of leaving massive debt, calling it political propaganda. Get exclusive insights into the financial facts and the governor's explosive response.
Singapore Introduce Mandatory Caning for Fraudsters
Singapore don announce new tough punishment for fraud - mandatory caning go join prison time. See why dem take dis decision and how e go affect offenders.
Standard Chartered Meets CBN's ₦200B Capital Requirement
Standard Chartered Bank Nigeria has successfully met the Central Bank's new ₦200 billion minimum capital requirement, positioning itself as a leader in Nigeria's banking sector transformation.
Nvidia & Deutsche Telekom Launch €1B AI Hub in Germany
Tech titans Nvidia and Deutsche Telekom announce groundbreaking €1 billion AI partnership to establish Europe's premier artificial intelligence development hub, accelerating digital transformation across the continent.
$5B Funding for 500,000bpd Nigerian Refinery
In a groundbreaking development for Nigeria's energy sector, a Canadian company has secured $5 billion funding to complete a massive 500,000 barrels per day refinery project, promising to transform the nation's oil and gas landscape.
DJ Carey Jailed for Faking Cancer Scam
Former celebrity DJ Carey receives prison sentence after orchestrating elaborate cancer scam that deceived family and friends out of substantial funds in emotional fraud case.
NIPSS N1.1B Lawsuit: Court Hearing Begins
The National Institute for Policy and Strategic Studies confronts a massive N1.1 billion lawsuit as court proceedings begin. Get the latest updates on this high-stakes legal confrontation.
Nigerian Student Jailed in UK for Scamming Teenager
A Nigerian Masters student at the University of Sussex has been sentenced to prison in the UK for scamming a teenage girl through deceptive online schemes. Discover the full details of this shocking case.
NASS Loan Approval: Why Nigerians Shouldn't Worry
Government official reveals why the National Assembly's approval of a $2.347 billion loan shouldn't worry citizens - and how it will actually benefit Nigeria's economy and infrastructure development.
Thai Women Busted in Nigeria Romance Scam
Three Thai nationals arrested in Nigeria for allegedly running sophisticated online romance scams targeting vulnerable victims worldwide. Police reveal international cybercrime operation.
Nigerian Banks Lose Billions to Fraud in 2025
New data reveals alarming fraud cases across Nigerian banks with millions disappearing through digital channels. Discover the banks most vulnerable to financial crimes and what this means for customers.
DSS Uncovers Multi-Billion Naira Cyber Fraud in Nigeria
Nigeria's Department of State Services uncovers massive cyber fraud operations draining billions from the economy, revealing sophisticated tactics and urgent need for enhanced cybersecurity measures.
VFD Group Q3 Earnings Soar to N60.7 Billion
VFD Group's disciplined financial strategy yields impressive results as Q3 2023 gross earnings hit N60.7 billion, showcasing remarkable growth in Nigeria's investment landscape.
NFF VP Debunks ₦12B Kebbi Stadium Rumors
NFF Vice President Sheu Dikko clarifies misconceptions about Kebbi State Stadium funding, revealing the truth behind viral ₦12 billion claims in detailed explanation.
Pastor Disappears After Taking 7 Years Rent
A Nigerian lawyer exposes how a pastor disappeared after collecting 7 years advance rent from church members in a shocking case of religious fraud that has left victims stranded.
Cross River Lawmaker Cleared of N1.6B Fraud Claims
Cross River State Assembly clears Hon. Emmanuel Bassey of N1.6 billion fraud allegations after thorough investigation, restoring his political standing.
EFCC Returns Recovered Assets to Ibadan Fraud Victim
In a significant victory for justice, the EFCC has returned recovered assets worth millions to a fraud victim in Ibadan, showcasing the agency's commitment to fighting financial crimes.
FG Releases ₦23bn to Universities, ASUU Suspends Strike
Nigerian government disburses ₦23 billion to clear outstanding arrears for public universities after ASUU suspends industrial action. Get full details on the breakthrough agreement.
Elon Musk First to Hit $500 Billion Net Worth
Tesla and SpaceX CEO Elon Musk has made financial history by becoming the first person ever to amass a staggering $500 billion fortune, rewriting the rules of wealth accumulation.
EFCC Raids Kogi Gov's Camp Over N45B Coup Plot Funds
Explosive details emerge as EFCC raids Kogi State Governor's associate, uncovering alleged N45 billion linked to coup plot allegations. Full story on the money trail and political implications.
Nigeria Reps Approve Tinubu's $2.34B Loan Request
The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million, part of a larger $8.69 billion and €100 million loan package previously endorsed by the National Assembly during the Buhari admini
Foreigners Face Court Over N12B Oil Theft in Nigeria
Nigeria's anti-graft agency prosecutes five foreigners and their companies for massive crude oil theft in Rivers State, exposing sophisticated illegal bunkering operations.
Pinnick Denies ₦1.2B Kebbi Stadium Corruption Claims
Former Nigeria Football Federation president Amaju Pinnick has finally addressed corruption claims surrounding the ₦1.2 billion Kebbi State stadium project, calling allegations 'baseless' and 'politically motivated' in an exclusive interview.
Alphabet Hits $100B Quarter as AI Fuels Record Growth
Alphabet Inc., Google's parent company, has achieved a historic milestone by generating over $100 billion in quarterly revenue for the first time, driven by massive AI integration across its services.
EFCC Returns Recovered Properties to Fraud Victim in Ibadan
In a major victory against fraud, EFCC recovers properties from a fake spiritualist who scammed a victim of millions and returns them to their rightful owner in dramatic Ibadan handover ceremony.
Edo Kidnapping: N20M Ransom Secures Victims' Release
Gunmen in Edo State release two kidnapping victims after families pay N20 million ransom. Details emerge about the 10-day ordeal and security concerns in the region.
Court Freezes Nestoil Assets in $1B Debt Case
Federal High Court issues Mareva injunction against Nestoil, freezing company assets amid explosive $1 billion debt case with Sahara Energy. Legal battle reveals corporate financial tensions.
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