Dammy Krane has filed a petition against singer, Davido, demanding $500k compensation. Recall that the duo have been at loggerheads since October 2023 after Krane called out Davido on social media, claiming he owed him for songwriting contributions. According to a report by TheCable, Krane also accused the ‘Assurance’ hitmaker of sabotaging his record deal…
Peter Okoye, one half of the popular music duo P-Square, has spoken out about claims made by his brother, Paul. In a lengthy statement released on Social Media Monday, he addressed the recent controversy surrounding his brother Paul Okoye’s accusation that he reported him to the Economic and Financial Crimes Commission (EFCC). This is coming…
First Bank sacked over 100 employees in July 2024, four months after discovering that Tijani Muiz Adeyinka, a manager on the operations team, allegedly diverted ₦40 billion over two years. In details first reported by TechCabal, Adeyinka, who is still on the run, used his authorisation to approve chargebacks to accounts he controlled. Two people…
Walter Akpani, the chief executive officer of Providus Bank Limited, may be committed to prison over the bank’s alleged refusal to unfreeze bank accounts belonging to Energen Oil and Gas Limited and Applause Global Services Nig, Ltd. Joined defendants alongside Providus Bank Limited are three other banks. In a notice of consequences of disobedience to…
Story Highlights Federal High Court Abuja freezes N1.1 billion across multiple bank accounts linked to ex-staff of Globus Bank accused of hacking and stealing N3.5 billion from customers. EFCC alleges that Babatunde Idris Olayiwola, Chinedu Ihuma, and Igwe George Benedict Obinna, former ICT staff of Globus Bank, orchestrated the fraud using insider knowledge and accessed…
In today’s world, navigating the financial landscape can feel overwhelming. Understanding the different types of bank accounts empowers you to make informed decisions about where to deposit your hard-earned money and how to manage your finances effectively. This comprehensive guide explores the various account options available, outlining their features, benefits, and drawbacks to help you…
