fraud
31 Jul
An importer had accused the Tincan Island Area Command of the Nigeria Customs Service (NCS) of shortchanging the government by suspending the digital Vehicle Registration System (VREG) introduced by the Buhari administration.
28 Jul
The Nigeria Security and Civil Defence Corps (NSCDC) command in Akwa Ibom, says it has arrested a woman and her husband over suspected involvement in employment racketeering. NSCDC Commandant in Akwa Ibom, Mr Eluyemi Eluwade, disclosed this while briefing newsmen at the command’s headquarters in Uyo. Eluwade said that the couple, Blessing Ezekiel, 27 and…
28 Jul
The Police Special Fraud Unit (PSFU) Lagos State, has detained for interrogation, two suspects, Ikeocha Daniel, 34, and Sylvester Ebeta, 33, over alleged N613 million fraud. PSFU’s Spokesperson, SP Eyitayo Johnson, confirmed their detention in a statement on Saturday in Lagos. “The suspects were arrested for alleged offences bordering on conspiracy, fraudulent conversion/diversion and stealing…
26 Jul
Hope Payment Service Bank (Hope PSBank), one of Nigeria’s leading payment service banks, recently averted a fraudulent cyberattack targeted at its banking platform, retrieving billions of Naira in the intended attack. Investigations revealed that the digital bank was promptly alerted of the attack and was able to truncate it at the nick of time. Speaking…
12 Jun
Capitalplus Investment Services Limited has denied allegations of fraudulent activities following reports of a manhunt launched by the Economic and Financial Crimes Commission (EFCC) and the Nigerian Police Force (NPF) on its owner, Paul Demudia Eigbefoh over N67.5 million financial transaction. There were reports in some sections of the media that Total Grace Oil and…
6 Jun
A Federal Capital Territory (FCT) High Court in Gwagwalada on Thursday sentenced an Internet fraudster, Eze Josiah to two years imprisonment for swindling an American woman of $300. The Economic and Financial Crimes Commission (EFCC), had prosecuted the convict on two counts of cheating by impersonation for pretending to be an American citizen on Facebook.…
30 May
Alternative cryptocurrencies, or altcoins, have surged in popularity, especially in online casinos. However, while they offer numerous benefits, they also come with significant risks that users need to be aware of. This article delves into these risks to help you make informed decisions. Volatility and Market Instability Price Fluctuations One of the most significant risks…
27 May
The National Union of Air Transport Employees (NUATE) has refuted claims that the sacked Nigerian staff of Turkish Airlines were involved in $600,000 air ticket racketeering. The aviation union described the allegations that they picketed the airline in defense of the workers' wrongdoing as blatant and poorly formulated lies. Debunking the $600,000 ticket sales racketeering…
23 May
Justice Suleiman Belgore of the FCT High Court in Garki has granted bail to former Minister of Aviation, Hadi Sirika, who is facing trial for alleged N19.4 billion contract fraud. Justice Belgore granted bail to the former Minister in the sum of N100 million and required two sureties in the same amount. The judge ruled…
22 May
Imo State Police Command has confirmed the arrest of Mr Chinasa Nwaneri, the immediate past Special Adviser (Special Duties) to Governor Hope Uzodimma over fraud allegations.
19 May
An unidentified male pastor allegedly refused to return N900,000 mistakenly transferred to his account by a church member, as seen in a viral video circulating social media. The male church member explained in the social media post that has since gone viral that he accidentally transferred N1,000,000 to the pastor instead of the intended N100,000.…
10 May
Former Aviation Minister, Hadi Sirika, yesterday, at the High Court of the Federal Capital Territory (FCT) denied alleged corrupt practices involving about N4.13 billion brought against him by the Federal Government.
Latest
10 mins ago
Abducted relatives of former Daily Trust Editor, Malam Ahmed Tahir Ajobe, have been released. It was gathered that their abductors had earlier reduced the ransom to N10m from the N50m earlier demanded. The three victims include a male and two females, including Mr Ajobe's immediate younger sister, Halimtu-Sadiya Tahir. This was disclosed to our…
13 mins ago
Kylian Mbappe scored his first goal in five games for Real Madrid as the champions beat Leganes 3-0 on Sunday in La Liga. Fede Valverde and Jude Bellingham also struck as Madrid moved second, four points behind leaders Barcelona with a game in hand. Los Blancos capitalised after Barcelona slipped to a draw at Celta…
23 mins ago
A financial expert, Prof. Uche Uwaleke, says the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is likely to raise interest rates again. Uwaleke, the Director, Institute of Capital Market at the Nasarawa State University, is also the President, Capital Market Academics of Nigeria. He said this in an interview with the…
37 mins ago
Note that the high priest’s prayer for the forgiveness of the Israelites’ sin on the Day of Atonement would not be heard until his own sinful condition had been cleansed.
1 hour ago
Ruben Amorim was given a stark illustration of the size of his task at Manchester United after his uninspiring team were held 1-1 by struggling Ipswich Town in his first match in charge on Sunday. The Portuguese who is the latest man tasked with restoring the club to the top of English football spoke before…
1 hour ago
The University French Teachers' Association of Nigeria (UFTAN), on Sunday, expressed concern over the neglect of French language education in Nigerian universities, warning that the situation could have far-reaching negative consequences for the country. The association highlighted the insufficient number of French language teachers in Nigeria, describing it as a troubling trend that requires immediate…
1 hour ago
To achieve sustained economic prosperity and overcome current challenges such as foreign exchange market illiquidity, rising inflation, and sluggish economic growth, Nigeria must implement strategic measures. Specifically, the country's path to economic sustainability lies in increasing domestic production and exports and less reliance on imported goods. Economic experts unanimously agreed on this strategy, as stressed…
1 hour ago
The Chairman of the Police Service Commission (PSC), DIG Hashimu Argungu (retd), has described the rejection of a massive sum of N174 million by detectives of the Raider team from Zone 2 Command, Lagos, and the swift recovery of N10 million from some policemen from Zone 16 Command Headquarters, Yenagoa, Bayelsa State, as refreshing signposts…
2 hours ago
Mohamed Salah wants Liverpool to pile more misery on Manchester City and also deliver a hammer blow to their fading title hopes after inspiring the Premier League leaders' dramatic 3-2 win against Southampton on Sunday. Arne Slot's side moved eight points clear of second-placed City thanks to Salah's second half double at St Mary's. After…
2 hours ago
Former Edo State governor, Godwin Obaseki, has mourned the passing of the oldest Catholic priest in Nigeria, Msgr. Thomas Oleghe, describing him as a great missionary of the Catholic faith. Obaseki, in a statement by his media aide, Crusoe Osagie, said: “I am deeply saddened by the news of the passing of the oldest Catholic…