Fraud Archives — Page 3 of 4 — City Business News

January 8, 2024 No Responses

Tinubu Suspends Betta Edu

President Bola Tinubu has suspended the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, from office with immediate effect.According to a statement issued by Special Adviser to the President(Media & Publicity), Chief Ajuri Ngelale, the president also directed ...

November 28, 2023 No Responses

NADDC Raises Alarm Over DG’s Impersonation, Fraud

The National Automotive Design and Development Council (NADDC) on Monday raised alarm over the alleged impersonation of its Director General, Mr Oluwemimo Joseph Osanipin. In a public notice obtained by City Business News, NADDC said:...

April 20, 2023 No Responses

NPA Retiree Jailed 14 Years For N24.3m Fraud

An Ikeja Special Offences Court on Wednesday sentenced a retired staff of the Nigeria Ports Authority (NPA), Nasiru Ogara, to 14 years’ imprisonment for engaging in N24.3 million waste bin and vehicle documents fraud. Justice Mojisola Dada, while deliverin...

October 24, 2022 No Responses

Customs Warns Officers Against Fraud, Threatens More Sack, Sanctions

The Nigeria Customs Service (NCS) will continue to wield its “big stick” on officers found to be involved in fraudulent practices. The National Public Relations Officer of the service, Deputy Comptroller Timi Bomodi told the News Agency of Nigeria (N...

March 15, 2022 No Responses

NCC To Partner CBN On e-Fraud

The Nigerian Communications Commission (NCC) is to partner Central Bank of Nigeria (CBN) to tackle e-fraud identified as the greatest threat to digital finance. NCC’s Director of Consumer Affairs Bureau, Mr Efosa Idehen, gave the assurance at the...

November 29, 2021 No Responses

Customs Intercepts N71m Cash

The Katsina State Command of Nigeria Customs Service (NCS) has intercepted a vehicle loaded with more than N71 million. Briefing Journalists on Monday, Acting Controller at the command, Alhaji Dalhat Wada-Chedi, said: “We intercepted the mo...

November 23, 2021 No Responses

NCC Alerts Nigerians On False Davido’s Airtime, Data Giveaway Advert

The Nigerian Communications Commission (NCC) has alerted Nigerians about a false Davido’s airtime and data giveaway advert on social media. Dr Ikechukwu Adinde, Director, Public Affairs of NCC in a statement on Tuesday explained that a group of scammers ha...

November 16, 2021 No Responses

NCC Alerts Of Hacking Group Targeting Telcos, ISPs

The Nigerian Communications Commission (NCC) has notified the public of the existence of another hacking group orchestrating cyberespionage in the African telecoms space. A statement issued by Dr. Ikechukwu Adinde, Director, Public Affairs exp...

November 12, 2021 No Responses

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. ...

November 10, 2021 No Responses

FAAN Apprehends Arik Airline Staff Over Alleged Extortion:

The Federal Airports Authority of Nigeria (FAAN) has apprehended staff of Arik airline while allegedly soliciting bribe from a passenger at the general aviation terminal in Lagos. General Manager, Corporate Affairs of FAAN, Mrs Henrietta Yakubu,&nbs...

September 23, 2021 No Responses

Reps Task NCC, CBN On ATM, Web fraud

The House of Representatives has challenged the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) to ensure all monies lost as a result of Card/ ATM and web-based fraud are refunded to the affected victims. The...

August 7, 2021 No Responses

Woman Docked Over Alleged N4m Theft From Stanbic IBTC Bank

The Police in Osun State on Friday, arraigned one Sarah Peter, 28, before an Ile-Ife Magistrates’ Court for alleged N4 million theft from Stanbic bank. The Prosecutor, Insp Elijah Adesina, told the court that the defendant committed the offence so...

July 13, 2021 No Responses

Mitsubishi Pays €25m Fine To Settle Emission Fraud Allegations

Japanese automaker Mitsubishi Motors confirmed Monday it paid a 25 million euro fine issued by German prosecutors over emissions fraud allegations earlier this year.German authorities last year raided 10 sites as part of a probe into suspected diesel emissi...

April 14, 2021 No Responses

FirstBank Educates Nigerians On Cybersecurity

First Bank of Nigeria Ltd., is sensitising indivduals and businesses with useful information on protection to avoid cyberattack in today’s digital age. The Chief Executive Officer, FirstBank Group, Dr Adesola Adeduntan explained in statement on Tuesday...