Tag: bank accounts

Nigerian Man, Others Jailed In US For Duping People Of $8 Million In Romance Scam

Fraud

Benard Okorhi, 42, a Nigerian national, has been sentenced to serve 75 months in federal prison for his role in an international fraud conspiracy that used compromised email accounts to Read More

CBN Investigates Cryptocurrency Companies’ Bank Accounts For Fraud

Central Bank of Nigeria vs Cryptocurrency

Insists restrictions to safeguard Nigerians, financial system Lists inherent risks To block accounts with suspicious transactions BDC operators, groups back Emefiele on transactions’ ban The Central Bank of Nigeria (CBN)Read More

CBN Hammers Cryptocurrency Traders, Directs Banks To Close Their Accounts

Central Bank of Nigeria vs Cryptocurrency

The Central Bank of Nigeria yesterday directed banks and other financial institutions to immediately close any accounts dealing in cryptocurrency or facilitating payment for crypto currency exchange, with immediate effect.Read More

FG To Borrow Unclaimed Dividends, Dormant Accounts’ Balances

Debt Management Office (DMO)

Despite opposition from stakeholders, the Federal Government has perfected ways to borrow funds from unclaimed dividends and dormant bank account balances unattended to for at least six years, thanks to Read More

BOFIA Tightens Noose On Banks’ Control Of Dormant Accounts

Central Bank of Nigeria (CBN)

MPC holds last meeting in 2020, to fight recession The Banks and Other Financial Institutions Act (BOFIA) 2020 has tightened the noose on banks’ control of funds in dormant accounts Read More

#EndSARS: Only Buhari Can Order Military Deployment, Says Army General

Brigadier General Ahmed Ibrahim Taiwo of the 81 Division, Intelligence Brigade

Insists Lagos govt didn’t communicate change in curfew time Only President Muhammadu Buhari, in his capacity as the Commander-in-Chief of the armed forces, could have authorised the deployment of soldiers Read More

Lekki Shootings: Youth Members Rejoin Lagos Panel

From Left to Right: Oduala and Majekodunmi being sworn in by an official as youth members of the Judicial Panel of Inquiry set up by the Lagos State Government to probe police brutality and Lekki shootings

The Lagos State Panel of Judicial Inquiry probing police brutality and the alleged shooting of #EndSARS protesters by soldiers at the Lekki tollgate resumed today after suspending sittings for a Read More

FG Under Fire For Tagging #EndSARS Campaigners Terrorists

Minister of Information and Culture, Alhaji Lai Mohammed

Government turning Boko Haram insurgents to freedom fighters, protesters terrorists It is an attempt to intimidate state panels of inquiry, alleges Ozekhome FG insincere, pretentious, says NBA To govt, treasury Read More

US Arraigns 11 Nigerians Over Fresh $6m Fraud

Law court

Barely two weeks after the United States indicted six Nigerians for their alleged involvement in over $6m internet fraud, 11 more Nigerians have been arraigned over another $6m bank fraud.Read More

US-Based 51-Year-Old Nigerian Man Jailed For Love Scam On 13 Victims

Ronayerin Ogolor

A 51-year-old Nigerian man, Ronayerin Ogolor, has been sentenced to three years in prison for commiting internet fraud in the United States. Ogolor, who naturalized in the US had scammed Read More