Home Topics ATM

ATM

Seven banks fail CBN’s stress test

The financial stability report signed by CBN Director, Financial Policy and Regulation Department, Kelvin Amugo, showed that in the less than 30-day period analysis, seven banks were not adequately funded, while in the 31 to 90-day period, nine banks had funding gaps.
The Economic and Financial Crimes Commission (EFCC), Makurdi zonal office, has arraigned one Mr Akintunde Ogunrinde (aka “Kekere”) for allegedly defrauding his victim of the sum of N800,000.

EFCC arraigns man for unauthorized ATM cash withdrawal

The Economic and Financial Crimes Commission (EFCC), Makurdi zonal office, has arraigned one Mr Akintunde Ogunrinde (aka “Kekere”) for allegedly defrauding his victim of the sum of N800,000.

Woman ‘foils’ attempt to arrest suspected kidnapper

A 22-year-old woman, Anita on Friday appeared before an Asaba Magistrate Court charged with attempting to aid a kidnap suspect to escape arrest.
The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

EFCC arraigns seven for SIM swap fraud in Kaduna

The Economic and Financial Crimes Commission, EFCC, Kaduna Zonal Office Thursday arraigned seven suspected SIM Swap criminals in Kaduna.

Ecobank calls for collaborative efforts to fight cybercrime

Nigerian bank, Ecobank Nigeria Limited has advocated continuous collaboration by all stakeholders in the fight against cybercrimes in the country.g

CBN: Deposit, withdrawal charges on transactions above limit

The Central Bank of Nigeria (CBN) has explained that charges on cash deposit and withdrawals apply only to transactions above stipulated limits.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

EFCC arraigns banker for ‘multi-million naira fraud’

Nigeria’s anti-corruption agency, EFCC, on Thursday arraigned a banker, Adam Adam, before a State High Court in Yobe State over alleged theft of N11.7million.

Central bank clarifies cashless policy transaction charges

The Central Bank of Nigeria says the transaction charges on deposit and withdrawal in furtherance of implementation of its cashless policy is on the amount in excess of the set limits. The Central Bank of Nigeria says the transaction charges on deposit and withdrawal in furtherance of implementation of its cashless policy is on the amount in excess of the set limits.

Why central bank should sensitise Nigerians on cashless policy – expert

Dr Aminu Usman, Head, Economics Department, Kaduna State University, has urged the Central Bank of Nigeria (CBN) to carry out robust campaigns to sensitise Nigerians to understand the need for bank charges on deposits and withdrawals.
Gracious David West at Rivers State Police Command before he was paraded at the Police

Rivers serial killing: I lie to my victims that if they cooperate, I won’t...

A suspected serial killer, Gracious David-West, 39, arrested by the Police, has admitted killing at least seven women in hotels in Lagos State, Owerri in Imo State and Port Harcourt in Rivers State.
Gracious David West at Rivers State Police Command before he was paraded at the Police

Rivers ‘serial killer’ confesses to police, reveals mode of operation — in pictures

The 39-years old notorious serial killer of women in hotels, Gracious David West, from Buguma in Asari-Toru local government area has confessed that he had actually killed’ a total of seven people and started killing from Ikeja, Lagos before moving to Owerri in Imo State and Port Harcourt, Rivers State.
An Ilorin, Kwara State lawyer Olarewaju Aluko and his client, Taiye Na’Allah, on Thursday sued the Economic and Financial Commission (EFCC) at a Kwara State High Court for alleged defamation of character.

Prisons inspector, five others nabbed for ATM, SIM swap fraud

Operatives of the Kaduna Zonal Office of the Economic and Financial Crimes Commission, EFCC, have arrested six fraudsters who specialize in defrauding innocent Nigerians by using bank details obtained through sim swaps and Automated Teller Machines (ATM).
A suspected robber arrested by the operatives of the Rapid Response Squad (RRS) of the Lagos State Police Command has disclosed that he broke into a Night Club in Igbobi area of Lagos State to raise money for a member of his gang in order to perfect his bail condition from Kirikiri prison.

RRS arrests night club robber, two others

A suspected robber arrested by the operatives of the Rapid Response Squad (RRS) of the Lagos State Police Command has disclosed that he broke into a Night Club in Igbobi area of Lagos State to raise money for a member of his gang in order to perfect his bail condition from Kirikiri prison.

Police officers rob businessman of N200,000

They were shouting ‘don’t move, don’t move, come out.’ I thought they were armed robbers because they did not look like policemen.” That was the impression Osaretin Erins had when he and his friend, Raymond, were ambushed at a suya joint in Abule Egba, along Lagos-Abeokuta Expressway around 10pm on Thursday.
The Controller of the Nasarawa State Command of the Nigeria Correctional Service, Emmanuel Okoro, on Thursday refuted reports by a section of the media which claimed there was a jail break at the Keffi Old Prison.

Man jailed for using expired ATM card to buy drinks, fried meat in Edo

A 51-year old man, Ikidi Innocent, is to spend three months in jail for using expired Union Bank ATM card to buy drinks and fried meat.

Insecurity, fraud clog financial inclusion stride

As fiscal and monetary authorities collaborate to ensure that Nigerians keep up the 63.6 per cent financial inclusion stride with the aim of attaining the set target of 20 per cent exclusion rate by 2020, the frightening series of bank robberies and frauds in the system may have put a lid on the agenda.

Nigerian national arrested in Tokyo over ‘inheritance scam’

Tokyo Metropolitan Police has arrested a male Nigerian over the alleged swindle of a Japanese in Setagaya Ward earlier this year.

Police arrest five ‘kidnappers’ informants’

The Police in the Federal Capital Territory (FCT) has said it arrested five suspected informants to kidnappers terrorising communities in Abaji Area Council and environs.

Recent Stories

Suspected serial killer, Gracious David West, 26, was arraigned in a State High Court in Port Harcourt, the Rivers State capital on Monday.

Lawyer’s absence stalls arraignment of Rivers ‘serial killer’

The absence of a legal representative for a notorious Rivers State serial killer, Gracious West, has stalled the arraignment proceedings at the State High Court in Port Harcourt.
The Vice President, Prof. Yemi Osinbajo, on Saturday reiterated the commitment of the Federal Government towards free and compulsory education of the first nine years of a child school life across the country.

VP Osinbajo charges NDIC to invest in ICT, research

Vice President, Prof Yemi Osinbajo, on Monday charged the management of the Nigeria Deposit Insurance Corporation (NDIC) to invest massively in Information and Communication Technology and research for smarter regulatory duties as demanded in the 21st century.

Federal government says Abacha loot ploughed into uplifting poor Nigerians

Apparently responding to critics as to how the recovered loots especially the $322million from late Gen Sani Abacha was utilized, the federal government has cleared the air on the utilization of the sleaze.
Udom Emmanuel

Akwa Ibom plans two rehab centres for 462 ex-militants

The Akwa Ibom state government has concluded plans to establish two rehabilitation centres for 462 repentant militants.
A handout picture released by the Department of Culture and Tourism – Abu Dhabi on October 20, 2019, shows a pearl recovered from an archeological site in on Marawah Island. (Photo by – - Abu Dhabi Department of Culture and Tourism - AFP) -

World’s oldest pearl found in Abu Dhabi

An 8,000-year-old pearl that archaeologists say is the worlds oldest will be displayed in Abu Dhabi, according to authorities who said Sunday it is proof the objects have been traded since Neolithic times.