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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…
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,…
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…
The United Kingdom has introduced a new policy that prevents overseas health…
The Nigerian National Petroleum Company Limited (NNPCL) has debunked the report that…
The Kano State Governor, Abba Yusuf, has approved a subsidy of N500,000…
The Labour Party (LP) has stated that it will be reserving its…
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola…
The Governor of Ondo State, Hon. Lucky Aiyedatiwa, has nominated 12 new…
President Bola Tinubu says his administration is committed to deepening democracy by…
President Bola Tinubu has approved the establishment of the Presidential Economic Coordination…
The 2023 presidential candidate of Labour Party (LP), Peter Obi, has reiterated…
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.
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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