LAGOS NOVEMBER 16TH (NEWSRANGERS)-The Economic and Financial Crimes Commission has reportedly grilled the newly-appointed Managing Director of First Bank of Nigeria Holdings Plc, Nnamdi Okonkwo. It was learnt that Okonkwo’s questioning is not unconnected with his alleged role in the transfer of $153m linked with Nigeria’s former petroleum minister, Diezani Alison-Madueke from the Nigerian National…
LAGOS NOVEMBER 10TH (NEWSRANGERS)-Judge Rebukes Two Nigerians Abdulrasheed Maina, a former Nigerian government official who ran a defunct pension reform department, has been convicted of stealing 2 billion naira ($4.8 million) belonging to pensioners after a two-year trial. Okon Abang, a judge at a federal high court in Abuja, sentenced Maina to eight years in…
LAGOS SEPTEMBER 7TH (NEWSRANGERS)-The Niger State Internal Revenue Service (NGSIRS) on Monday shut down eight commercial banks and the state head office of the Abuja Electricity Distribution Company (AEDC) over alleged N456 million tax debts. Mr Mohammed Etsu, the Executive Chairman of the internal revenue Service, told journalists following the exercise that it was carried…
LAGOS JULY 9TH (NEWSRANGERS)-Fidelity Bank has advised customers to remove their face masks when carrying out transactions through Automated Teller Machines (ATMs) to ensure that their faces are properly recognised. In an email to its customers on measures to keep transactions protected, Fidelity Bank said, “Wearing of face masks is a safety and precautionary measure…
LAGOS JANUARY 11TH (NEWSRANGERS)-The Managing Director of Access Bank Plc, Herbert Wigwe, was on Friday arrested by operatives of the Economic and Financial Crimes Commission. Wigwe was picked up at the Bank’s head office in Victoria Island, Lagos State. Sources said he spent the night at the Lagos State office of the EFCC. Although details…
