SON Tackles Cyber Crimes, Hackers With Standardisation

SON Tackles Cyber Crimes, Hackers With Standardisation

The Standards Organisation of Nigeria (SON) has expressed its commitment to standardise the nation’s Information Technology (IT) sector as part of measures to tackle huge financial losses to cyber-crimes and hackers,.  According to reports, Nigeria loses over N200 billion on...
read more
EFCC Detains Lucky Igbinedion Over Alleged N1.6b Fraud

EFCC Detains Lucky Igbinedion Over Alleged N1.6b Fraud

The former governor of Edo State, Mr Lucky Igbinedion, is currently being grilled by operatives of the Economic and Financial Crimes Commission, (EFCC) over what a source described as alleged criminal diversion of public funds to the tune of N1.6bn. ...
read more
Ex-Bank PHB MD Jailed For N25.7b Fraud, Wife Acquitted

Ex-Bank PHB MD Jailed For N25.7b Fraud, Wife Acquitted

An Ikeja High Court on Wednesday night sentenced Francis Atuche, a former Managing Director of the defunct Bank PHB (now Keystone Bank), to six years’ imprisonment for defrauding the bank of N25.7 billion.  In a 12-hour judgment, Justice Lateefa Okunnu....
read more
EFCC Re-Arraigns Ex-NIMASA D-G For Alleged N156.4m Fraud

EFCC Re-Arraigns Ex-NIMASA D-G For Alleged N156.4m Fraud

The Economic and Financial Crime Commission (EFCC) on Monday, re-arraigned a former Director-General of the Nigerian Maritime Administration and Safety Agency, (NIMASA), Haruna Jauro, in a Federal High Court in Lagos for alleged N156.4 million money laundering...
read more
Union Bank Staff In Court Over Alleged Theft Of N25m  From Customers Accounts

Union Bank Staff In Court Over Alleged Theft Of N25m From Customers Accounts

A 32-year-old banker with Union Bank Plc, Benjamin Musa, on Tuesday appeared in a Wuse Zone 6 Chief Magistrates’ Court, Abuja, over alleged theft of N25 million.   Musa, whose residential address was not given, is charged with three counts...
read more
Access Bank Refutes Alleged Arrest OF GMD

Access Bank Refutes Alleged Arrest OF GMD

Access Bank PLC has refuted the alleged arrest of its Group Managing Director, Mr. Herbert Wigwe by the Economic and Financial Crimes Commission (EFCC). The bank, in a statement signed by Sunday Ekwochi, Company Secretary said the Commission had invited...
read more