LASTMA Smashes One-Chance Syndicate In Lagos, Nabs One Suspect, Recovers Seven Stolen Phones

LAGOS JANUARY 22ND (NEWSRANGERS)-In a resolute crackdown on criminal operations targeting commuters, the Lagos State Traffic Management Authority (LASTMA) apprehended a notorious One-Chance syndicate that employed a painted commercial bus (KSF 56 XL) to rob unsuspecting passengers of their valuables. The arrest transpired near a Conoil filling station along Funsho Williams Avenue in Surulere, Lagos,…

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World Bank Proscribes Two Nigerian Companies, CEO Over Alleged Fraud

LAGOS JANUARY 22ND (NEWSRANGERS)-The World Bank has imposed a 30-month debarment on two Nigerian companies, Viva Atlantic Limited and Technology House Limited, alongside their Managing Director and Chief Executive Officer, Norman Didam over alleged corrupt practices. The 30-month debarment bars Viva Atlantic Limited, Technology House Limited, and Didam from participating in World Bank Group-financed projects…

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Subscribers Reject FG Approval Of 50% Telecom Tariff Hike, Threaten Court Action

LAGOS JANUARY 22ND (NEWSRANGERS)-Nigerians have vowed to drag the federal government to court over approval of a 50 percent increase in calls, data, and other telecommunication tariffs. In an instant multiplier effect, Point of Sales Operators have hinted at plans to increase their service charges. The President of the National Association of Telecoms Subscribers, Adeolu…

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Five Suspected Hackers Remanded For Allegedly Defrauding Sterling Bank N1.2bn

LAGOS JANUARY 20TH (NEWSRANGERS)-Sterling Bank Limited and its holding company, Sterling Financial Holdings Company, are currently battling a N1.257, 536, 572. 80 billion depositors’ funds which was stolen from the bank by some of its staff. The Witness gathered that the staff colluded with some fraudsters to hack the bank’s banking platform and stole the said fund….

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Suspected Hacker Invade Moniepoint’s Vault, Allegedly Steals Depositors’ N1.1bn Funds

LAGOS JANUARY 20TH (NEWSRANGERS)-An alleged Hacker, Sunday Ozimede, has invaded the vault of Moniepoint Microfinance Bank and swindled the bank of the whipping sum of N1,190, 728, 076 billion. The operatives of the Police Special Fraud Unit (PSFU), has however, arraigned the alleged hacker before a Federal High Court, Lagos, on charges bordering on conspiracy,…

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