Tue Mar 8, 2016/Reuters South African telecoms company MTN is in talks with Nigeria’s telecoms regulator to reduce the $3.9 billion fine imposed for its failure to disconnect unregistered sim cards and arrange gradual payment, President Muhammadu Buhari said on Tuesday. The Nigerian president made the comment at a joint […]
Frauds & Scandals
EFCC searches Badeh’s house, recovers $1m cash
March 7, 2016/Punch Eniola Akinkuotu, Abuja The Economic and Financial Crimes Commission has recovered $1m cash from one of the houses belonging to the immediate past Chief of Defence Staff, Air Chief Marshal Alex Badeh (retd.), The PUNCH has learnt. Our correspondent learnt the money was recovered after detectives searched […]
NDIC warns against illegal deposit collectors
March 4, 2016 By Maryam Ahmadu-Suka, The Nigeria Deposit Insurance Corporation (NDIC) has advised members of the public to stop patronising cooperative societies used by unscrupulous elements to engage in-illegal collection of deposits and defrauding of unsuspecting members of the public. The Managing Director of NDIC, Alhaji Umaru Ibrahim, who […]
