Financial institutions reported N159b fraud

Financial institutions reported N159b fraud

Nigerian financial institutions reported N159 billion fraud since 2020, Group CEO, Moniepoint Inc., Tosin Eniolorunda has said. Speaking during a courtesy visit  to the Chief Executive Officer, Fidelity Bank, Nneka Onyeali-Ikpe, in Lagos, he said There was  need for...
Nigeria Lost N4.3tn to Oil Theft in Five Years – FG

Nigeria Lost N4.3tn to Oil Theft in Five Years – FG

On Monday, the Federal Government unveiled disturbing statistics, indicating that over N4.3 trillion worth of crude oil had been pilfered in 7,143 instances of pipeline vandalism over a five-year period.  This revelation came to light during the Nigeria...