Operatives of the Kaduna Zonal Directorate of the Economic and Financial Crimes Commission, EFCC have arrested a social media content creator, Muhammed Kabir Sa’ad for allegedly abusing Naira notes. Sa’ad made a video of himself on his Tik Tok and Instagram account @youngcee0066 where he was seen throwing Naira notes on the floor and deliberately stepping on them and …
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Wema Bank, Nigeria’s most innovative bank and pioneer of Africa first fully digital bank, ALAT, has officially marked its 80th anniversary on May 2nd, 2025, receiving national commendation for its trailblazing legacy as Nigeria’s oldest and longest surviving indigenous bank. Established as Agbonmagbe Bank Limited in 1945, Wema Bank paved the way for indigenous banking to thrive in Nigeria, challenging …
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Operatives of the Economic and Financial Crimes Commission, EFCC, have nabbed three suspected fraudsters linked with Q-net scam in the country. The suspects, Olaniyan Joshua, Oyetunde Julius Akano, and Victor Oluwale who are currently undergoing interrogation in the Commission, were arrested on Wednesday, May 1, 2025, in Abuja. Operating under the name, Mighty Infinity Millionaire Limited, the trio falsely claimed …
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The Lagos state high court sitting at the Tafawa Balewa Square has sentenced Andrew Nice Ominikoron, a driver of Lagos bus rapid transit (BRT), to death by hanging for killing Bamise Ayanwola, a 22-year-old fashion designer. Delivering judgment on Friday, Justice Sherifat Sonaike held that the prosecution successfully proved its case, relying on the doctrine of “last seen” and …
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The Kwara State Police Command has agreed to strengthen ties with the Economic and Financial Crimes Commission, EFCC in the interest of the anti-corruption fight in the state. Following suit are the Nigeria Security and Civil Defence Corps, NSCDC, and the Department of State Services, DSS in the state. The agreement was reached on Tuesday, April 29, 2025 as the …
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Leading commercial bank and Africa’s most agile company, Sterling Bank has announced the introduction of AlwaysOn by Sterling, a bold new feature on its OneBank platform that will give eligible customers up to ₦1 million extra every month -even when their account balances are running low. Launched on Workers’ Day 2025, the initiative is part of an ongoing movement to …
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Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has officially marked the incredible milestone of its 80th anniversary on Friday, May 2nd, 2025. Celebrated as Nigeria’s oldest indigenous bank, Wema Bank was founded on May 2nd, 1945, as Agbonmagbe Bank Limited; an institution that has now evolved from a single-branch operation aimed …
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The TY Buratai Humanity Care Foundation has extended its warmest regards to the nation’s labour force, recognizing their invaluable contributions to society. Every year on May 1, communities across the globe honor the dedication and resilience of workers, and this year’s celebration in Nigeria carries significant weight as it reflects both gratitude and the pressing challenges faced by the labor …
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Guaranty Trust Bank (GTBank) has announced a revision in its SMS transaction alert charges, with the fee increasing from ₦4 to ₦6 per message effective Thursday, May 1, 2025. In a customer notice issued on Wednesday, the bank cited rising telecommunication service charges as the reason for the upward adjustment. “This adjustment is due to a recent increase …
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Shareholders of Zenith Bank Plc, at the 34th Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, on Tuesday, April 29, 2025, approved the proposed final dividend payment of NGN4.00 per share, bringing the total dividend for the 2024 financial year to NGN5.00 per share, with a total value of NGN195.67 billion. The Founder and Chairman of …
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