Naira Abuse: Court Dismisses Charge Against Cubana Chief Priest, Orders Him to Pay N10m

LAGOS JUNE 25TH (NEWSRANGERS)-Justice Kehinde Ogundare of the Federal High Court in Lagos on Tuesday, struck out a charge against celebrity bartender, Pascal Okechukwu (Cubana Chief Priest), over alleged abuse of the Naira. The judge struck out the charge following the adoption of terms of settlement between Cubana and the Economic and Financial Crimes Commission…

Read More

8 Nigerian Romance Scam Suspects Targeting 100 Women Charged In South African Court – FBI

LAGOS OCTOBER 21 (NEWSRANGERS)-Eight Nigerian men accused of an internet dating scam have been charged in a South African court after a massive international operation involving the FBI and Interpol. Authorities in the US, where the investigation originated and most of the alleged victims are based, have applied for their extradition. They are accused of…

Read More

Mali Govt Charges Ex-PM, Five Prominent Figures With Attempted Coup

LAGOS JANUARY 1ST (NEWSRANGERS)-The Malian authorities on Thursday charged six prominent figures, including a former prime minister, with seeking to mount a coup, a move that came after a military putsch in August, their lawyers said. The public prosecutor’s office in the capital Bamako said in a statement that six people were under investigation for…

Read More

Punishment: Nigerian Banks To Charge Customers For Failed Transactions On Direct Debits

LAGOS NOVEMBER 21ST (NEWSRANGERS)-The Central Bank of Nigeria (CBN) instructed banks in December 2019 to start punishing customers for failed direct debit transactions caused by the customer’s failure to fund their account. According to the guide, effective as of January 1, 2020, the customer will be charged 1% of transaction amount, or N5,000, whichever is…

Read More