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Wema Bank Reiterates Commitment To Customer Data Confidentiality

Wema  Bank  on Wednesday says  its attention has been drawn to reports of members of the public receivng text messages with account  number The bank, in a statement, said “We implore members of the public that, as a financial institution, Wema Bank takes issues around data integrity and breaches seriously, …

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Polaris Bank In Trouble As Customers Drag The Bank To Court Over Alleged $30,769 Illegal Duductions

Businesswomen and customers have dragged Polaris  Bank before a Surulere Magistrate Court in Lagos over alleged freezing of their domiciliary and Naira accounts with the bank and subsequent illegal deductions on the said accounts amounting to about $30,769 (USD), the press Nigeria reports The applicants – Mrs. Adebomi Orogun, Mrs. Kehinde Banjo, and …

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APC: ‘Friends’ pick form for Emefiele

All speculations about the Central Bank Governor Godwin Emefiele were laid to rest on Friday when some friends picked the All Progressives Congress (APC) Presidential nomination form for him. The friends are said to have paid N100m for the form. There have been speculations and campaign posters all over Abuja …

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How Nigeria’s Precious Aire Turns Fintech Tide Through Bitcoin Trade

The Fintech business has produced a huge number of multi-million dollar investors and millionaires from the Bitcoin trading venture in the last few years with Cryptocurrency trading emerging as one of its most prominent investment channels in the world. Prominent among the trail-blazing and thriving Bitcoin market commanding gurus is …

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Fire guts TB Joshua’s tomb shelter

No need to fear, fire was at the old site, says Synagogue An early evening fire has destroyed the tomb shelter of the late founder of the Synagogue Church of All Nations, Prophet Temitope Joshua. The fire was said to have started at 6.30pm on Wednesday. However, a statement from …

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Thieves steal $75,000 at APC headquarters

  At a time, the government it leads at the federal level is preaching e-banking, thieves on Wednesday carted away about $75,000 from the party secretariat of the All Progressives Congress (APC) in Abuja. The money estimated to be N43,000,000 reportedly went missing. This was said to be under the …

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Alleged drug baron linked with Abba Kyari arrested by NDLEA

The National Drug Law Enforcement Agency (NDLEA) has arrested Chief Afam Ukatu, described as the billionaire suspected drug baron behind the N3bn tramadol deal involving a Deputy Commissioner of Police and former leader of the Intelligence Response Team, Abba Kyari. A statement on by the spokesperson for the agency, Femi …

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Rethink Your Subsidy Payment, It Does Not Favor The Poor, World Bank Tells Nigeria 

World Bank has advised Nigeria to rethink its subsidy payment on premium motor spirit (PMS) otherwise known as petrol. The Bank president, David Malpass said this on Wednesday at the opening press conference of the 2022 IMF-World Bank spring meeting. The national assembly has approved President Muhammadu Buhari request to …

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Jack Higgins, best-selling British author, dies at 92

Jack Higgins, the British thriller writer whose 85 books sold more than a quarter of a billion copies, has died in his home in Jersey, one of the British Channel Islands between England and France. He was 92. He died on April 9, 2022. He had his greatest international success …

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Identity, barred phone lines and matter arising By Reuben Abati

Last week, the Nigerian Communications Commission (NCC), a government agency under the ministry of communications, currently led by Minister Isa Pantami, took the decision and made same public that any user of a GSM phone who is yet to link his or her national identification number (NIN) to a subscriber …

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