Alleged N19.4 billion fraud: Procurement Director testifies against Ex-Aviation Minister, Sirika
The Bureau of Public Procurement (BPP) has denied being aware of, or having knowledge of, a split contract awarded for ...
Tag: fraud
EFCC arrests 28 alleged ponzi scheme operators in Minna, plans fraud arraignment
The Economic and Financial Crimes Commission, EFCC, Kaduna Zonal Directorate, have disclosed the arrest of 28 alleged ponzi scheme operators ...
Fraudsters steal N400 million through accounts opened with stolen identity in 2024 – NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has reported that approximately N400 million was stolen by fraudsters through financial accounts opened ...
Nigeria’s financial sector suffers N52.26 billion loss to fraud in 2024 – NIBSS report
Financial institutions in Nigeria lost N52.26 billion to fraud in 2024 according to the latest report by the Nigeria Inter-Bank ...
EFCC returns over $120,000, N70.6 million to American, Spanish, and Swiss fraud victims
The Economic and Financial Crimes Commission (EFCC) has returned a total of $120,548.43 and N70,602,841.46 to American, Spanish, and Swiss ...
Canada unveils draft regulations to reform immigration consulting and combat fraud
The Immigration, Refugees, and Citizenship Canada (IRCC) has released draft regulations aimed at reforming the immigration consulting industry in Canada.
EFCC arrests five Katsina revenue officials for alleged N1.3 billion fraud
The Economic and Financial Crimes Commission (EFCC) has arrested five officials of the Katsina State Board of Internal Revenue for ...
Nigerian banks sack 49 employees over fraud in Q2 2024
Deposit money banks in Nigeria sacked 49 employees due to their involvement in fraudulent activities between April and June this ...
Why Nigerian banks, fintechs are facing increase in fraud, cybersecurity threats – Tayo Ogunlade
As Nigeria's financial industry experiences rapid growth, driven by the widespread adoption of mobile phones and increased internet penetration, it ...
Court rejects Yahaya Bello’s request to stop arraignment in EFCC’s alleged N80.2 billion fraud case
The Federal High Court Abuja has refused to suspend the N80.2 billion fraud case instituted against former Kogi state governor, ...
