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A Federal High Court in Lagos has heard how thieves hacked United Bank for Africa (UBA) Plc computers and stole N752 million from a Flour Mills of Nigeria Plc, account.
The Economic and Financial Crimes Commission, EFCC, Port Harcourt Zonal office has arraigned Gladys Udia before Justice M. L. Abubakar of the Federal High Court in Port Harcourt, Rivers State, on a seven-count charge bordering on conspiracy, stealing, forgery and alteration to the tune of N3,476,700.
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.
A 54-year-old man, on Monday, sued the Economic and Financial Crimes Commission (EFCC) and the National Council for Arts and Culture (NCAC) over an alleged unlawful freezing of his thirteen bank accounts.
The Akwa Ibom State government has sealed the premises of Ecobank in Uyo over alleged tax default.
The federal government has filed an application before the Federal High Court in Abuja seeking for interim forfeiture of monies and properties allegedly traced to an official of Petroleum Equalization Fund (PEF).
Shareholders of Union Bank of Nigeria (UBN) Plc have approved a proposal to cancel N54.46 billion accumulated permanent losses in the books of the commercial bank.
The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending has secured a total of N4.5bn from four Deposit Money Banks for the cultivation of maize and soybeans in three states.
Shareholders of Union Bank of Nigeria (UBN) on Tuesday endorsed the proposed reduction of N54.4 billion from the bank’s share premium account aimed at restructuring its balance sheet for optimal performance.
Bank customers in the Federal Capital Territory (FCT), on Tuesday decried poor network and insufficient funds in most Automated Teller Machines (ATMs).
The Federal High Court in Lagos has dismissed a suit filed by Union Bank Limited seeking the recovery of an alleged debt from a multinational firm, Petrocam Trading.
The Special Adviser to the Governor of Kogi State on Local Government and Chieftaincy Affairs, Engr. Sadiku Abubakar Ohere, has described the trending allegations of sleaze against him as mischievous.
A whistle blower, George Uboh, has challenged the plan by the federal government to extend the appointment of the Governor of the Central Bank of Nigeria (CBN), Godwin Emiefele
A High Court of the Federal Capital Territory (FCT), Abuja has ordered the attachment of funds in accounts owned by the Imo State Government in the Central Bank of Nigeria (CBN) and 16 other banks in the country.
The police on Wednesday arraigned a banker, Mohammed Abubakar, in a Wuse Zone II Chief Magistrates’ Court for allegedly stealing over N15 million from a customers account.
The Federal Executive Council on Wednesday approved the renaming of the Federal Ministry of Communications as Federal Ministry of Communications and Digital Economy.
The Minister of Youth and Sports Development, Sunday Dare, Wednesday approved funds to repay IAAF, for the excess fund the World Athletics body mistakenly transferred to Nigeria.
The China Civil Engineering and Construction Company, contractors handling the ongoing Lagos-Ibadan standard gauge rail line, says it has made appreciable progress in Lagos section in spite of impediments.
This followed confessional statement of seven Eiye confraternity members who were recently charged to court after men of the Special Anti Robbery Squad, Iju base rounded them up.
Canadian Prime Minister Justin Trudeau on Wednesday ruled out forming a coalition government despite an election victory that left his Liberals short of a majority.
Justice I. Sani of the Federal High Court sitting in Port Harcourt, Rivers State, has convicted and jailed one Michael Adamu for two years for dealing in petroleum products without an appropriate licence.
US Democratic presidential candidate Tulsi Gabbard has fired back at Hillary Clinton after the former secretary of state appeared to call her "the favourite of the Russians" in the 2020 elections race.
Bukayo Saka can’t wait for the return of Alexandre Lacazette, but has vowed to fight the France international for his place in the Arsenal team.
Japanese Prime Minister Shinzo Abe on Thursday travelled to areas in north-eastern Japan, devastated by a recent deadly typhoon.
The All Progressives Congress (APC) Youth Leaders across the 21 Local Government Area Councils in Kogi have signed a peace pact as the governorship election in the state draws close.