Category : Search result: bank theft Nigeria


Nigerian Convicted in US for $7.5M Fraud

Olusegun Samson Adejorin, a Nigerian national, faces decades in US prison after a federal jury convicted him of wire fraud and identity theft targeting charities. Sentencing is set for April 2026.

Russian court fines Austrian bank Raiffeisen $400m

A Russian court has ordered Austria's Raiffeisen Bank to pay nearly $400 million in compensation to a company linked to sanctioned oligarch Oleg Deripaska. The bank says it will appeal.

IBEDC Blames Power Outages on Reduced Grid Supply

IBEDC attributes prolonged power outages in its franchise area to reduced allocation from the national grid. The company is engaging TCN for a solution while cracking down on energy theft.

Two Arrested for Telecom Vandalism in Osun

Osun NSCDC arrests a driver and scrap dealer for vandalising telecom sites in Eripa and Otan Ayegbaju, recovering stolen batteries. Two suspects remain at large. Read more.

Agbero Flees With Woman's Bottle of Fanta in Lagos

A Lagos woman was left distressed after a tout, known as an 'agbero', snatched her bottle of Fanta and fled. The incident, captured on video, has ignited discussions on public safety. Read the full story.

Thieves Steal Church Speakers, AC; Pastor in Pain

A Nigerian pastor is heartbroken after thieves raided his church auditorium, carting away speakers and an air conditioner. The incident raises security concerns for places of worship. Read the full report.

Nigerian Sentenced to 20 Years in US for Major Fraud

Oluwaseun Adekoya, a Nigerian resident in New Jersey, has been sentenced to 20 years in a US federal prison for masterminding a sophisticated $2 million identity theft and bank fraud operation. Read the full details of the multi-state scheme.

Fast Ways to Block Your Union Bank Account

Learn the quickest methods to block your Union Bank account using USSD *826*6#, the UnionMobile app, or customer care. Protect your funds instantly during emergencies.

Activist Gwamnishu Denies Stealing Kidnap Ransom

Nigerian activist Harrison Gwamnishu breaks silence after being accused of stealing part of a ransom meant for a pregnant kidnap victim and her husband in Edo. Read his full response.

Man Arraigned for Stealing Pregnant Dog in Akure

A 39-year-old man, Joseph Raphael, faces court in Akure for allegedly stealing a pregnant dog valued at N500,000. The case has been adjourned to January 2026. Read the full details.

Nigeria's Cyberattacks Jump Over 1000% in Q3 2025

A new report reveals Nigerian firms faced a record 1,047% surge in cyberattacks last quarter, with stolen employee logins now the primary threat. Learn how businesses can defend themselves.

Food Bank Targets 40m Nigerians in Hunger Intervention

MATAN Food Bank launches an automated digital initiative to provide direct food access for over 40 million Nigerians, backed by the House of Representatives. Read how this plan tackles the nation's food crisis.

Cyber Attacks in Nigeria Jump Over 1,000% in Q3

Data breaches in Nigeria surged 1,047% in Q3 2025. Hackers now use stolen credentials, not software flaws. Experts urge stronger identity controls to combat this new threat.

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