Wed Feb 3, 2016/Reuters MTN Group has hired a former top U.S. law enforcement official to help challenge a $3.9 billion fine imposed by Nigeria for failing to disconnect unregistered users, the Financial Times reported on Wednesday. Citing people familiar with the situation, the newspaper said former U.S. Attorney General […]
Frauds & Scandals
Three Ecobank Employees Arraigned For Stealing N2.8m From Customers’ Accounts
February 2, 2016/NAN Three employees of Ecobank were on Tuesday arraigned in Lagos for allegedly stealing N2.8 million from customers’ accounts. The accused persons – Oluwatoyin Adetunji (41), Oluwatosin Obademi (32) and Olushola Ogunshina (39) – are facing a three-count charge of conspiracy, forgery and stealing before a Tinubu Magistrates’ Court in Lagos Island. […]
CBN, FIRS, NIPOST clash over stamp duty
February 3, 2016/Punch By Everest Amaefule, Abuja Tension is brewing among three key government agencies over the implementation of the stamp duty recently reintroduced to the banking industry by the Central of Bank of Nigeria. Investigation by our correspondent showed that there had been several closed-door meetings in the last […]
