June 11, 2018/First Bank of Nigeria We are constrained to issue the following statement to set the records straight and correct the erroneous reporting contained in some media publications. RE: CONTEMPT ORDERS AGAINST FIRST BANK OF NIGERIA LIMITED AND ITS OFFICIALS BY HONOURABLE JUSTICE I.N BUBA OF THE FEDERAL HIGH […]
Frauds & Scandals
Ecobank apprehends, Hands Over Fraudster to Police
9/6/2018/Ecobank Ecobank has apprehended and handed over an internet fraudster, James Nwagalezi who attempted to hack into its Mobile app to swindle huge sum of funds running into several millions of naira to the Police authourities. A reliable source in the bank was quoted as saying the Management of the […]
SEC Obtains Lifetime Bars Prohibiting Three New York town Official from Bond Offering
June 8, 2018/US SEC The Securities and Exchange Commission has obtained lifetime bars prohibiting three town officials, who allegedly hid a deteriorating financial situation from investors, from participating in municipal bond offerings. In addition to the lifetime municipal security bars, the final judgments, entered on June 6, 2018 by the […]
