News

Banker Explains Why Fraudsters Are Leaving ATM For POS

Fraudsters have resorted to the use of Point Of Service (POS) machines, rather than Automated Teller Machines (ATM) to carry out their fraudulent acts. Obinna Ugwu, a banker working with the Eco Bank branch at Gwagwalada, FCT, in a revealing chat explains why fraudsters prefer to use POS machines. He …

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Six Years Into Buhari’s Ease Of Doing Business Reforms, NESG Says Nigeria’s ‘Economic Competitiveness Weak’

President Muhammadu Buhari …Urges Incoming President To Remove Fuel Subsidy, Cut Borrowings Six years after the launch of the Presidential Enabling Business Environment Council which was inaugurated by the Federal Government to ensure ease of doing business in Nigeria, the Nigerian Economic Summit Group on Monday said that the level …

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Suspected arsonists set Ogun INEC office on fire

The Independent National Electoral Commission (INEC) office in Abeokuta South local government area of Ogun State, located at Iyana Mortuary area of the metropolis was in the early hours of Thursday gutted by fire. Investigation by Vanguard revealed that the facility was set on fire by suspected hoodlums who scaled …

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EFCC Seeks to Set Aside Committal order Against Chairman

The Economic and Financial Crimes Commission, EFCC, received with shock, report of the ruling by Justice Chizoba Oji of a High Court of the Federal Capital Territory (FCT) in Maitama, Abuja committing the Executive Chairman for contempt over the failure to comply with a November 21st, 2018 order of the …

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