Tag: Bank

Banker arrested for withdrawing N50m from customers’ accounts

The Special Fraud Unit, Ikoyi, Lagos State, has arrested an account officer with Guaranty Trust Homes, Adeola Olokojobi, in connection with a N50m fraud at the financial institution. Prior to his arrest, Olokojobi was said to be working at the GT Homes, Saka Tinubu branch, Victoria Island. PUNCH Metro gathered […]

Exclusive: Target hackers stole encrypted bank PINs – source

The hackers who attacked Target Corp and compromised up to 40 million credit cards and debit cards also managed to steal encrypted personal identification numbers (PINs), according to a senior payments executive familiar with the situation. One major U.S. bank fears that the thieves would be able to crack the […]

We need to hold our leaders accountable —CBN

The Deputy Governor, Corporate Services, Central Bank of Nigeria, Mr. Suleiman Barau, on Tuesday stated that the macro-economic indices of the economy showed that the country was on the right course to attaining significant growth and development. He, however, said that a lot of improvement still needed to be done […]