The Economic and Financial Crimes Commission, EFCC, Ibadan Zonal Command on Tuesday, October 12, 2021, arraigned one Toluwalade John Olateru Olagbegi before Justice Uche Agomoh of the Federal High Court one sitting in Ibadan on one count charge bordering on obtaining money by false pretence to the tune of Thirty Five Million Five Hundred Thousand…
The Economic and Financial Crimes Commission, EFCC has raised alarmed at the rate Nigerians send petitions to the Commission on fraudulent investments that promise high return with little risks to investors. The commission in a statement said this trend indicates that investment scams continue to thrive despite the enforcement and public enlightenment interventions by the…
On Tuesday, the Central Bank of Nigeria, CBN, suspended nine banks in Nigeria from trading in the foreign exchange market. But the ban placed on one of the affected banks, the United Bank for Africa, UBA Plc, has now been lifted. UBA disclosed in an email on Wednesday night that it has now be readmitted…