Category: Business

3 First Bank Staffers Arraigned For Theft

There employees of First Bank of Nigeria, FBN, have been arraigned before Chief Magistrate A Awogboro over the theft of N6.5 million from a customer’s account. Some people have regarded First Bank of Nigeria Plc as bank that breeds fraudsters. The three First Bank staffers were arraigned on Monday, January 27, 2014 on a 12-count…

EFCC After Diamond Bank MD, Alex Oti Over Fraud Mess

**Staffers In Robbery, Fraud Scandals One of the biggest headaches in the banking sector in Nigeria is tackling frauds. While some banks are already winning the war against external frauds, few banks like Diamond Bank, is still battling with its internal frauds. If the bank cannot win the battle against its internal fraud, what becomes…

Gunmen Kidnap NAGAFF Boss, Demand N15m Ransom

The Chairman, Ports and Terminal Multiservices Limited, PTML, Chapter of the National Association of Government Approved Freight Forwarders, NAGAFF, Cosmos Ndimkora, has reportedly been kidnapped. It was gathered by Aproko247 that Ndimkora was abducted by some unknown gunmen around Umudede in Delta State. He was reportedly seized at gunpoint last week Thursday on his way…

DSTV’s Alleged Fraud: Group Writes Jonathan

  A group called Delateur Foundation has written a petition against DSTV Nigeria for allegedly defrauding Nigerians through its bad services. The group, in a letter dated Monday, January 13, 2014, signed by its Chairman, ‘Yemi Adeyemi-Enilari, and addressed to President Goodluck Jonathan, lamented the way the pay TV outfit has allegedly been robbing Nigerians.…

Fear Grips First Bank Customers Over Alleged Takeover By Tinubu

If you bank with First Bank of Nigeria Plc, this is the time to be worried and start thinking of withdrawing all the money in your account. Information made available to theoctopusnews.com has it that the duo of All Progressives Congress, APC, chieftain Asiwaju Bola Ahmed Tinubu, and business mogul, Otunba Mike Adenuga, have both…