Nigerians may continue to spend dirty and mutilated notes if findings by Saturday Punch are anything to go by. Nigeria’s currency, the Naira, in all its denominations, has been severely mutilated, overused and over-circulated such that it has become an issue of luck to come across a clean note. However, […]
Frauds & Scandals
Nigeria complains about Mugabe calling it corrupt
The official News Agency of Nigeria reports Zimbabwe’s envoy has been called in for a complaint about President Robert Mugabe’s remarks about corruption in Nigeria. It says the ministry of foreign affairs on Thursday told Zimbabwean diplomat Stanley Kunjeku that Nigeria will not tolerate Mugabe’s “vitriolic and denigrating” attack. The […]
Bank of America to pay $727 million to consumers over credit card problems
U.S. regulators on Wednesday ordered Bank of America (BAC.N) to pay $727 million in relief to consumers over practices related to credit card add-on products. The Consumer Financial Protection Bureau also fined Bank of America $20 million over allegations of deceptive marketing of products and unfair customer billing practices. The […]

