25/10/2016/Punch Ozioma Ubabukoh The Central Bank of Nigeria and other key stakeholders in the payment sector have started tackling cases of electronic fraud (efraud) in the country, with the hope of finding a lasting solution. The Chief Executive Officer, Electronic Payment Providers Association of Nigeria, Mrs. Regha Onajite, made this […]
Frauds & Scandals
CBN Bars Banks From Paying MTN Dividends Following ‘Illegal Repatriation’ Of Funds
October 24, 2016/The Will Banking services providers to one of the telecoms service providers in the country, MTN Nigeria have been barred by the Central Bank of Nigeria, CBN, from remitting dividend payment from the Nigerian subsidiary to MTN Group, until further notice. Senator Dino Melaye had revealed that MTN […]
SEC Says Ruby Gold Ventures id Illegal Operator
October 19, 2016/SEC The attention of the Securities & Exchange Commission has been drawn to an illegal operator in the Capital Market known as RUBY GOLD VENTURES (CRYPTO CURRENCY INVESTMENT). RUBY GOLD VENTURES is not registered by the Commission to perform any function in the capital market. Its operations/activities in […]
