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Frauds

The founder of Thodex, a cryptocurrency exchange in Turkey, has been accused of fleeing the country with billions of dollars in investor assets. In the photo, a woman uses a bank ATM next to a Bitcoin ATM machine at a shopping mall on April 16, 2021, in Istanbul, Turkey. CHRIS MCGRATH/GETTY IMAGES

Turkish police seek 78 suspects over cryptocurrency fraud

Turkish prosecutors on Friday issued detention warrants for 78 suspects over their alleged involvement in a cryptocurrency exchange fraud, local media reported.

PDP Southwest Congress: Why I conceded defeat – Eddy Olafeso

A Chairmanship candidate of the South West Peoples Democratic Party (PDP), Dr Eddy Olafeso, has said that he decided to concede defeat in the last week election to give peace a chance in the region.
Centre For Anti-Corruption and Open Leadership (CACOL)

CACOL hails INEC for diligent prosecution election fraud

The Centre for Anti-Corruption and Open Leadership (CACOL) has commended the ruling of a High Court in Ikot Ekpene, Akwa-Ibom State, which sentenced a Nigerian educationist, Professor Peter Ogban, to three years in prison for election fraud.
SIM Cards

Telcos reject demand by banks for sim swap list

Telecommunication Companies have rejected the demand by Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) to submit lists of SIM Swap customers to Nigeria Interbank Settlement System (NIBSS) for watchlist against e-fraud.

NDIC: Banks lose over N5 billion to fraudsters in 9 months

The Nigeria Deposit Insurance Corporation (NDIC) has stated that it is in collaboration with sister agencies in law enforcement to curtail cybercrimes especially in the financial system.

Nigerian lady convicted in US for online fraud

Oyindamola Akinrinola, 23, a Nigerian resident of Lawrence, Kansas, has pleaded guilty in federal court for her role in online fraud schemes that targeted victims in the United States.
The US Federal Bureau of Investigation (FBI) has arrested Nigerian entrepreneur, Obinwanne Okeke of conspiracy to commit fraud running into the sum of 12 million US dollars.

US court jails ‘Invictus Obi’ for $11 million wire fraud

“Through subterfuge and impersonation, Obinwanne Okeke engaged in a multi-year global business email and computer hacking scheme that caused a staggering $11 million in losses to his victims,” said Raj Parekh, acting United States Attorney for the Eastern District of Virginia in a statement obtained by newsmen on Tuesday.
France’s cautious approach to its virus vaccine rollout appears to have backfired, leaving just a few hundred people vaccinated after the first week and rekindling anger over the government’s handling of the coronavirus pandemic

UK fraudster injects 92-year old woman with fake coronavirus vaccine

British police on Friday hunted a fraudster who tricked a 92-year-old woman into handing over £160 to receive a fake coronavirus vaccine jab in what they called a “disgusting and totally unacceptable assault”.

APC sets agenda for reappointed INEC chairman, tasks him on fairness

Following the Senate’s clearance of reappointed Chairman of the Independent National Electoral Commission INEC, Prof. Mahmood Yakubu, the ruling All Progressives Congress APC has set an agenda for the chief electoral umpire, urging him to be unbiased and apolitical.
The holiday season is already a booming time for online shopping. The COVID-19 pandemic only increases the likelihood that when people shop this holiday season, they will choose online shopping over brick-and-mortar stores.

How to avoid online shopping scams

The holiday season is already a booming time for online shopping. The COVID-19 pandemic only increases the likelihood that when people shop this holiday season, they will choose online shopping over brick-and-mortar stores. However, this also means there is likely to be a boom in online scams.

PDP: There can’t be credible election without improvement of electoral laws

The Peoples Democratic Party (PDP) on Friday said elections in Nigeria are not going to be credible until there are improvements in the country’s electoral laws.
Niger Delta Development Commission (NDDC)

NDDC promises to pay outstanding fees to scholarship beneficiaries

The Niger Delta Development Commission (NDDC) has promised to pay all outstanding fees due to its scholarship beneficiaries studying abroad.
Mele Kyari,

Cabal hijacked fuel subsidy regime – NNPC chief

Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mele Kolo Kyari, has said that over N10 trillion was spent on fuel subsidy between 2006 and 2020 without a significant impact on the masses.
All Progressives Congress (APC) Nigeria

Akwa Ibom election: APC petitions NJC, appeal court over alleged compromise

Candidate of the All Progressives Congress, APC, in the March 9, 2019 House of Assembly elections for Uruefong\Oruko state constituency, Akwa Ibom state, Mr Aniefiok Omen Bassey, has petitioned the National Judicial Commission (NJC) and President of the Appeal Court, alleging that election petition tribunal erred in delivering the ruling in favour of his opponent, Asuquo Archibong, of the Peoples Democratic Party, PDP.
Nigeria Police

Police arrest 49 suspects for robbery, kidnapping in Abuja

The Federal Capital Territory Police Command on Friday paraded 49 suspects who were arrested in connection with alleged armed robbery, kidnapping, car snatching, drug peddling and frauds.

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.

ICPC raids suspect’s house, frees 14 females in captivity

The Independent Corrupt Practices and Other Related Offences Commission said its operatives freed 14 females locked in a room during a raid on a house belonging to the National Coordinator, Federal Civil Service Staff with Disabilities Multipurpose Cooperative Society, Iliasu Abdul-Rauf.

UK jails three Nigerians who funded ‘Black Axe’ for 16 years

Three siblings who were working directly for the leader of a notorious Nigerian crime gang have been jailed for a total of 16 years after laundering nearly £1m for the Black Axe organised crime syndicate through UK bank accounts.

APBN urged to sanction accountants that audited collapsed banks

The Chartered Institute of Forensic and Investigative Professionals in Nigeria (CIFIPN) have called on the Association of Professional Bodies of Nigeria (APBN) to sanction accountants that audited collapsed banks in the country.

NANS vows to expose fraudulent heads of tertiary institutions

The National Association of Nigerian Students (NANS) has vowed to expose fraudulent practices by some heads of federal and state-owned tertiary institutions across the country.

DPR seals affiliate NNPC station for selling above pump price in Bayelsa

The Department of Petroleum Resources, Bayelsa State, has sealed off an affiliate NNPC filling station at Edepie in Yenagoa Local Government Area of the state for selling above government stipulated price through under-dispensing.

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Kaduna state government has said further checks in the wake of the attack by armed bandits on the Federal College of Forestry Mechanization, Afaka, Igabi LGA indicated that 39 students are currently unaccounted for.

Parents, mates of abducted Kaduna students protest at National Assembly

Parents of the abducted students of the College of Forestry Mechanisation, Afaka in Kaduna State, have occupied the National Assembly complex, Abuja, in protest.
The Indigenous Peoples of Biafra, IPOB, has shifted the sit-at-home protest earlier scheduled for Sunday, May 30 in commemoration of Biafra Day, to Monday, May 31.

IPOB: Biafra day sit-at-home to hold May 31

The Indigenous Peoples of Biafra, IPOB, has shifted the sit-at-home protest earlier scheduled for Sunday, May 30 in commemoration of Biafra Day, to Monday, May 31.
Liverpool have congratulated Steven Gerrard after the Rangers were confirmed Scottish Premiership champions.

Steven Gerrard: No plans to leave Rangers now

Rangers boss Steven Gerrard has said he’s happy at Ibrox adding that Jurgen Klopp’s hint is working for him at the moment.
President of the Nigeria Labour Congress (NLC), Mr Ayuba Wabba

NLC president berates Kaduna governor for calling workers ‘micro minority’

The President of Nigeria Labour Congress (NLC), Comrade Ayuba Wabba, has faulted Kaduna State Governor, Nasir El-Rufai, for describing workers as ‘micro minority’.
Minister of Education, Adamu Adamu

Nigerian government to commence basic accelerated education programme for disadvantaged children

The federal government has revealed plans to embark on a national rollout of the accelerated basic education programme to enable disadvantaged children between the ages 10 and 18 have access to education.

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Two students of Calvary International Ministry (aka CAPRO) in Barkin Ladi Local Government Area of Plateau State have been abducted by unidentified gunmen.

Gunmen abduct two students of mission school in Plateau

Two students of Calvary International Ministry (aka CAPRO) in Barkin Ladi Local Government Area of Plateau State have been abducted by unidentified gunmen.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police foil criminal operation, recover AK-47 rifle in Oyo

The Police Command in Oyo State has foiled a criminal operation at Bakari, a border village between Oyo and Ogun State and recovered an AK-47 rifle while on stop and search operation.
Crotone head coach Serse Cosmi admitted that the club will find it difficult to hold on to Simy Nwankwo following his incredible run of form for the Serie A outfit.

Simy Nwankwo fumes as Cristiano Ronaldo refuses to swap jersey with him

Super Eagles striker, Simy Nwankwo has condemned the action of Juventus forward, Cristiano Ronaldo to snub him when he requested they swap jersey together.
As Muslim faithful continue to observe Ramadan, food vendors in Kubwa, a suburb in the FCT, are complaining of low patronage.

Ramadan: Food vendors complain of low patronage

As Muslim faithful continue to observe Ramadan, food vendors in Kubwa, a suburb in the FCT, are complaining of low patronage.
Manchester United fans protest outside Old Trafford

Manchester United could lose points against Liverpool after Old Trafford protests

Manchester United could face punishment from the FA and Premier League over protests at the stadium ahead of their game against Liverpool on Sunday.