Frauds & Scandals

Nigeria’s Chain of Corruption Need’s to be Broken for Small Businesses to Thrive -Osinbajo

March 26, 2018 *Says nation-building and industrialization comes from culture of integrity, hard work, trustworthiness  “A major component of our industrialization aspirations therefore, is to promote a culture of integrity, of hard work, and trustworthiness. How do you do this? l think that we can do it by demonstrating empirically that a […]

Banks, tech firms combat N2.19bn e-fraud with cyber-insurance

March 26, 2018/Punch Exposure to cyberattacks in the financial services sector is creating a growing demand for cyber-insurance, IFE OGUNFUWA writes Banks and financial technology firms are beginning to see the need to explore cyber-insurance as a means of alleviating the impact of electronic payment fraud in the country. Industry […]

Nigeria govt recovers N144 billion through Whistle-blower policy – Official

25/3/2018/Premium Times/Agency Report The federal government said it recovered more than N143.89 billion from corrupt officials through the implementation of the Whistle Blower policy. The Presidential Initiative on Continuous Audit (PICA) disclosed this in a report made available to the News Agency of Nigeria (NAN) on Sunday in Abuja. The […]