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Sterling Bank Plc has lost a staggering N1.257 billion to an alleged five-man Internet fraudsters, have been arraigned before Justice Ambrose Lewis-Allagoa of a Federal High Court, Lagos, for allegedly hacking into the Sterling Bank Plc’s banking platform and Bance Application, and removed a whooping sum of N1, 257, 536, …

These are not the best of times for Eroton Exploration And Production Company Limited as a firm, GIL Automations Limited, has begin the process for the winding up of the oil firm over an alleged debt. GIL Automations Limited, on Friday, published a petition seeking the winding up of Eroton. …

The Human Rights Writers Association of Nigeria (HURIWA) has strongly criticised the Nigeria Police and alleged double standards exhibited by the force in handling the leadership crisis within the Peoples Democratic Party (PDP) at the national and state levels. The association accused the police of acting as a partisan tool …

Renowned gospel singer Mercy Chinwo has taken legal action against her former manager, Ezekiel Onyedikachukwu, accusing him of diverting $345,000 in music royalties. The Nigerian Economic and Financial Crimes Commission (EFCC) has filed a motion to ensure Onyedikachukwu’s appearance in court. In response, the Lagos State Federal High Court issued …

Moves by a faction in the leadership of the Peoples Democratic Party (PDP) to sidestep a judgement of the Court of Appeal, Enugu Division, have deepened the cracks in the crisis of confidence rocking the main opposition party. IT WAS had earlier reported that the appellate court, in December 2024, …

Adeyemi Adebisi Aminat, daughter of the late Alaafin of Oyo, has alleged that Queen Dami, her late father’s ex-wife, committed paternity fraud concerning her child with the late monarch. Adeyemi Adebisi Aminat, daughter of the late Alaafin of Oyo, has alleged that Queen Dami, her late father’s ex-wife, committed paternity …

Abbey Mortgage Bank Plc has announced plans to hold an Extraordinary General Meeting (EGM) on Friday, January 24, 2025, to seek shareholder approval for key resolutions pivotal to its strategic transition into a regional commercial bank. This was contained in the company’s notice to the Nigerian Exchange Limited seen by …

The United Bank for Africa has told its customers in a special message that their debit cards may not work between 12:00am and 5:00 am on Sunday. In a message, the bank said that this could happen because of its scheduled routine maintenance on its card services. The bank said, …

The World Health Organisation has said the Gaza ceasefire could boost aid deliveries to 600 trucks daily amid reports that Israel’s security cabinet has given the green light to a ceasefire deal with Hamas. The body also said more than $10 billion is required to restore Gaza’s shattered healthcare system. …

A 58-year-old Lagos magistrate Olasanmi Ogunkanmi, has reportedly slumped and died the same night he returned from a three-week holy pilgrimage in Jerusalem. The Vanguard, however, also reports that another source claimed that Ogunkanmi who is also a pastor, only died in his sleep. According to the Vanguard report, Ogunkanmi, …