17/9/2018/Punch Nike Popoola Any failed Nigerian Instant Payment transaction not reversed into the customer’s account within 24 hours, based on complaint of the sender and/or beneficiary will attract a fine of N10,000, the Central Bank of Nigeria has said. The CBN stated this in a ‘Circular on the regulation on […]
Frauds & Scandals
Nigeria Challenges HSBC Report On President Buhari And The Economy
Culled—Proshare 16/9/2018 By Garba Shehu, SA Media, presidency The Presidency wishes to make clear to all Nigerians, and particularly the global banking giant @HSBC which said the second term of Pres. @MBuhari would stunt the economy, that what killed Nigeria’s economy in the past was the unbridled looting of state […]
Presidency Asks HSBC to Return Abacha’s Stolen Funds
September 16, 2018/Punch ADE ADESOMOJU The Presidency on Saturday challenged a multinational banking and financial services company, HSBC, to return the stolen funds it allegedly helped the late Head of State, Sani Abacha; a serving senator and other Nigerians to launder. It said instead of engaging in doomsday prophecy, the […]
