The Special Fraud Unit, Ikoyi, Lagos State, has arrested an account officer with Guaranty Trust Homes, Adeola Olokojobi, in connection with a N50m fraud at the financial institution. Prior to his arrest, Olokojobi was said to be working at the GT Homes, Saka Tinubu branch, Victoria Island. PUNCH Metro gathered […]
Author: InvestAdvocate
Exclusive: Target hackers stole encrypted bank PINs – source
The hackers who attacked Target Corp and compromised up to 40 million credit cards and debit cards also managed to steal encrypted personal identification numbers (PINs), according to a senior payments executive familiar with the situation. One major U.S. bank fears that the thieves would be able to crack the […]
Mutual Benefit Assurance Posts N609 million Loss in 2012 End
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Mutual Benefit Assurance Plc Tuesday reported a loss of N609 million in its audited report for the period ended December 31, 2012. From the result released to the Nigerian Stock Exchange (NSE) and made available to InvestAdvocate, the company recorded a negative profit after tax […]
