Fraud: Sam Bankman-Fried bags 25 years prison term, $11bn forfeiture

FTX founder, Sam Bankman-Fried has been sentenced to 25 years in prison, three years of supervised release, and ordered to pay $11 billion in forfeiture for his orchestration of multiple fraudulent schemes. U.S. District Judge Lewis Kaplan handed down the sentence at a Manhattan court hearing on Thursday, March 28. Bankman-Fried, who also founded cryptocurrency trading firm Alameda Research, misappropriated

Court jails 17 internet fraudsters in Bauchi

Justices A. Muazu and M.A Sambo of the Bauch State High Court sitting in Bauch have convicted and sentenced 17 internet fraudsters to different jail terms. The convicts were jailed after pleading guilty to one–count separate  charges upon their arraignment by the Gombe Zonal Command of the Economic and Financial Crimes Commission (EFCC). They are: John Yakubu, Adams Ogbu Adai,

Tinubu appoints new Code of Conduct Bureau chairman

President Bola Tinubu has approved the appointment of Dr. Abdullahi Usman Bello as the Chairman of the Code of Conduct Bureau (CCB), pending confirmation by the Nigerian Senate. Special Adviser to the President on Media and Publicity, Ajuri Ngelale disclosed this in a Thursday statement. “Dr. Bello is a consummate professional with more than 25 years of work experience in

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No Plan To Crash Petrol, Diesel Prices – NNPC Debunks Rumour

The Nigerian National Petroleum Company Limited (NNPCL) has debunked the report that

Hajj 2024: Kano Approves N500,000 Subsidy For Intending Pilgrims

The Kano State Governor, Abba Yusuf, has approved a subsidy of N500,000

2027 Election: Labour Party To Reserve Ticket For Peter Obi

The Labour Party (LP) has stated that it will be reserving its

Nigeria lost N2.9 trillion in 3 years to procurement fraud – EFCC chairman

The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola

FULL LIST: Aiyedatiwa nominates 12 new commissioners in Ondo

The Governor of Ondo State, Hon. Lucky Aiyedatiwa, has nominated 12 new

Tinubu receives US congressional delegation in Aso Rock

President Bola Tinubu says his administration is committed to deepening democracy by

Tinubu sets up economic and planning system, enlists Dangote, Rabiu, Elumelu, others

President Bola Tinubu has approved the establishment of the Presidential Economic Coordination

Food insecurity: Nigeria gradually descending to level of survival of the fittest – Peter Obi

The 2023 presidential candidate of Labour Party (LP), Peter Obi, has reiterated

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Aggrieved Union Bank customer causes a scene at the banking hall

A man was recorded within a Union Bank hall at Agege, losing his temper and calling bank officials 'ole' over 20,000 Naira going missing from his account.   In the midst of the economic difficulties that the ordinary citizens of this country already face, Nigerian banks have themselves become a source of economic terror to their customers. It almost seems as though there are no more reliable banking services available for Nigerian bank customers as most customers are now faced with equally bad options to choose from. The clip shows a man losing his cool and demanding that monies that were inexplicably deducted from his account be refunded immediately. Many other videos exist on the internet of similar happenings across the country at several different banks. It has become a pandemic of sorts for banks to push their customers to the edge with subpar and frustrating service.

Tinubu appoints new Code of Conduct Bureau chairman

President Bola Tinubu has approved the appointment of Dr. Abdullahi Usman Bello as the Chairman of the Code of Conduct Bureau (CCB), pending confirmation by the Nigerian Senate. Special Adviser

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