Frauds & Scandals

CeBIH seeks new policy against e-payment fraud

Committee of electronic-Banking Industry Heads has called for a regulatory environment that will promote innovation and further prevent fraud in the e-payment industry. The CeBIH Chairman, Mr. Tunde Kuponiyi, who made the call, emphasised the importance of appropriate regulatory framework in moving the nation’s nascent e-payment sector to the next […]

NSE Delists Starcomms, Afroil, Big Treat, Pinnacle Point

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Monday said it has delisted four (4) erring firms for non-compliance with provisions of the Listings Rules of The Exchange and pursuant to Clause 15 of the General Undertaking. The firms are Pinnacle Point Group Plc, Afroil Plc, Starcomms […]

Unity Bank names 111 bad debtors

Unity Bank Plc has released the names of 111 customers with bad loans that have failed to make good their obligations to the bank. This followed the expiry of a two-week grace period given by the bank from October 8 to October 22, to such customers, the bank said in […]