AMCON pays N3.6tn to CBN, hits 87% recovery rate
Nigeria's AMCON has repaid N3.6 trillion to the CBN, achieving an 87% recovery rate. CEO Gbenga Alade reveals plans to trace global assets of debtors. Read the full report.
Category : Search result: Nigerian banks fraud cases 2025
414 Mpox Cases, 6 Deaths in 33 Nigerian States
Health experts raise alarm as NCDC confirms 414 Mpox cases and six deaths across 33 states. Stakeholders call for stronger surveillance, vaccination, and public education to curb the persistent spread.
Debate Erupts Over Advice on Girlfriends Chatting with Exes
A viral X post advising men not to force partners to block exes has ignited a fierce online debate about loyalty, emotions, and paternity fraud risks. Read the controversial take.
CBN Sets 72-Hour Deadline for Banks to Refund Fraud
The Central Bank of Nigeria issues strict new rules forcing banks to refund fraud victims within 16 days. Learn how this impacts you and the fight against financial crime.
Nigerian fraud mastermind gets 20 years in US prison
Oluwaseun Adekoya, a Nigerian national, has been sentenced to 20 years for orchestrating a massive bank fraud and money laundering conspiracy across the United States. Read the full details of the sophisticated scheme.
16 Banks Meet CBN Capital Rules Ahead of 2026 Deadline
CBN Governor Yemi Cardoso confirms 16 banks have met new capital thresholds. With the March 2026 deadline approaching, the recapitalisation drive aims to strengthen lenders for Nigeria's $1 trillion economy goal.
Bauchi Records 75 Homicides, 86 Rape Cases in 2025
Bauchi State Ministry of Justice reveals shocking crime statistics for 2024-2025 legal year. 75 homicide, 86 rape, and 28 kidnapping cases recorded. Read the full report and state's response.
SEC to Freeze Accounts of Ponzi Scheme Promoters
Nigeria's SEC vows to freeze accounts and seal offices of Ponzi promoters, warning of N316bn losses. Learn how to spot and avoid illegal investment scams.
Nigerian Banks Hit N33.24 Trillion in Customer Deposits
Ten Nigerian banks recorded over N33.24 trillion in savings deposits by September 2025, a 6.8% annual increase. See which Tier-2 banks led the growth and the latest CBN savings rates.
Trump Commutes Sentence of $1.6B Fraud Executive
Outrage as US President Donald Trump frees David Gentile, who defrauded 17,000 investors of $1.6bn, after only 12 days in jail. Read the shocking details.
Top 10 Nigerian Banks by Mobile App Downloads
Access Bank, First Bank, and UBA lead with over 10 million downloads each. Discover the full ranking of Nigeria's most downloaded banking apps and their ratings. #DigitalBanking #Fintech
Court dismisses N1bn fraud case against MTN ex-staff
Lagos High Court acquits MTN ex-staff and contractor in N1bn fraud case after settlement. EFCC ordered to return seized assets and properties immediately.
Okorocha's Niece Charged in N17m Land Scam
Uche David Obinali, niece of ex-Governor Rochas Okorocha, faces fraud charges for an alleged N17 million land scam in Abuja. She pleaded not guilty and was granted bail. Read the full details.
CBN Orders Banks To Withdraw Misleading Adverts
The Central Bank of Nigeria has ordered all banks to withdraw misleading advertisements. New rules require pre-approval notifications and compliance attestations to protect consumers.
16 Banks Meet CBN Recapitalisation Target
CBN reveals 16 banks have successfully met recapitalisation requirements as Governor Cardoso updates on monetary policy, forex gains, and economic progress.
Nigerian Man Convicted in US Romance Scam
Saheed Sunday Owolabi, a Nigerian man, faces 40 years in US prison for wire fraud and money laundering in romance scams. Read the full story of the cyber fraud conviction.
Nigerian sentenced for $290K COVID-19 fraud in US
Temitope Bashua, 29-year-old Nigerian, sentenced to 30 months in US prison for $290,000 COVID-19 relief fraud scheme. Learn details of the case and consequences.
Tech Advocate Urges Tech Adoption in Africa's Creative Sector
Nigerian tech advocate Sheye Banks calls for wider use of AI and blockchain in Africa's creative industries at the Africa Blockchain Festival 2025. Discover how technology can protect IP and boost global reach.
Tech Giants Deactivate 28M Nigerian Fraud Accounts
Google, LinkedIn and TikTok removed over 28 million Nigerian accounts linked to fraud and harmful content in one year. Learn how this affects online security.
US Warns Nigerians of Fake Jobs and Visa Scams
The US Mission in Nigeria warns citizens about sophisticated fake job and visa scams. Learn how to spot fraud and protect yourself from losing money.
Former Anchor Sentenced in Massive COVID Fraud Case
Disgraced ex-TV anchor Stephanie Hockridge sentenced to 10 years for multi-million dollar COVID fraud scheme. Ordered to pay $64M restitution for fake PPP loans.
Nigerian Banks Warn Customers Over Rising Fraud
Nigerian banks issue urgent fraud warnings to customers during International Fraud Awareness Week 2025. Learn how to protect your accounts from sophisticated scams.
Nigeria's DSS discloses ongoing terrorism court cases
Nigerian presidency reveals breakdown of terrorism trials handled by DSS, including IPOB commanders, ISWAP leaders, and church attack suspects. Get the latest updates on security prosecutions.
Tailor apprentice jailed for N450k internet fraud
A Federal High Court in Lagos has sentenced a tailoring apprentice to one year imprisonment for defrauding a victim of N450,000 through internet fraud. Read the full details of the judgment.
Fake Microfinance Bank Exposed by CBN in Nigeria
CBN warns Nigerians against Zuldal Microfinance Bank operating illegally in Lagos, Abuja, Kaduna, and Kano. Verify licensed MFBs before transactions.
Banks Notify Customers on 10% Withholding Tax
Nigerian banks are informing customers about FIRS enforcing 10% withholding tax on fixed-income securities interest. Learn how this affects your investments and which instruments remain exempt.
Court convicts ISWAP leader, DSS prosecutes terror cases
A Federal High Court in Abuja convicts a top ISWAP leader as the DSS intensifies prosecution of multiple high-profile terrorism cases across Nigeria. Read the latest updates.
B. Simone's Boyfriend History and Relationships Revealed
Discover B. Simone's complete dating timeline, from Darian Barnes to Chris Smith and DaBaby rumours. Learn about her current relationship status and love life advice.
Lagos trains health workers on SGBV forensic care
Lagos State Ministry of Health has trained senior doctors and health workers on forensic evidence collection and timely clinical management for SGBV survivors to strengthen justice delivery and survivor-centred care.
$4.7T Lost to Fraud Yearly - CIFCFIN Warning
CIFCFIN urges unified action against fraud costing $4.7T globally. Dr. Gashinbaki calls for strengthened regulations, ethical culture during International Fraud Week.
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