Frauds & Scandals

Culled—Proshare August 6, 2019/NDIC Executive Summary In its unique role as deposit insurer, and in collaboration with the other financial safety-net participants, the Nigeria Deposit Insurance Corporation (NDIC) during the period under review promoted the safety and soundness of the nation’s banking system and by extension, continued to promote the […]

N3.6billion Debt: AMCON Takes Over Bao Yao Firms In Abuja & Calabar

4/8/2019/AMCON Hon. Justice B.F.M. Nyako of the Federal High Court has ordered Asset Management Corporation of Nigeria (AMCON) to take over Bao Yao Futurlex Iron & Steel Company Limited in the Federal Capital Territory, Abuja and Bao Yao Huan Jian Iron & Steel in Calabar, the Cross River State capital. The […]

OPAN Demands Immediate Release Of Omoyele Sowore

August 5, 2019/OPAN The Online Publisher Association of Nigeria (OPAN) has condemned the arrest of the publisher of Sahara Reporters, Omoyele Sowore by Department of State Security (DSS) and demands his immediate release. In a statement Sunday, the premier online Publishers’ association in the country urged the DSS to immediately charge […]