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Union Bank Faces N9.3B Fraud After Major Breach

Union Bank of Nigeria Plc, under Managing Director Yetunde Oni, is embroiled in a N9.3 billion fraud crisis following a catastrophic breach in its...

UBA Loses ₦1.14B To Fraud In 2024 Despite Record ₦766.6B Profit: Nigeria’s Banking Security Crisis Exposed

United Bank for Africa (UBA), one of Nigeria’s largest financial institutions, disclosed a staggering ₦1.14 billion ($744,200) loss to fraud in 2024, even as...

Amazing: UBA Unscrupulous Staffs Arrested Now In $3.5M Fraud

The Lagos State Police Command has uncovered a sophisticated ($3.5m) N3.5 billion fraud scheme allegedly perpetrated by employees of United Bank for Africa (UBA)...

Stanbic IBTC Legal Scandal: N260b Crisis Threatens Financial Collapse

STANBIC IBTC Holdings PLC is drowning in a crippling 405 lawsuits, with a jaw-dropping N260 billion reserved for legal battles, exposing shocking corporate governance...

Cool Financial Services Sues FCMB Over Alleged N150m Loan Misappropriation

Cool Financial Services, a Lagos-based finance house, has filed a lawsuit against First City Monument Bank (FCMB), accusing the bank of permitting the unauthorized...

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