Category: Crime

NDIC calls for outright ban of all directors from obtains credit facilities within their bank

Due to the rising trend as it regards non-performing loans (NPLs) in the Nigeria banking industry, the Nigeria Deposit Insurance Corporation (NDIC) had recommended the prohibition of directors of licensed banks, including microfinance banks (MFBs) and primary mortgage banks (PMBs) from obtaining credit facilities from their respective banks.   The NDIC, Managing Director/Chief Executive, Umaru…

Debt Recovery, EFCC Pledges More Support for AMCON

In a renewed strategy to recover the whopping total debt obligation of over N4.6 trillion owed Asset Management Corporation of Nigeria (AMCON) by recalcitrant debtors across the country, AMCON on Thursday met with the Economic and Financial Crimes Commission (EFCC). The meeting was for both agencies to consolidate on the gains of their relationship especially…

Man arrested for enticing underage girls with N500 to fondle his manhood

A 36-year-old man, who allegedly enticed some underage girls to pat his sexual organ affectionately for N500, was on Friday in Lagos nabbed, according to the Lagos State Domestic and Sexual Violence Response Team (DSVRT). The suspect, whose name was not given, was apprehended by some residents of Silver Crescent Estate, Oke-Afa in Isolo area…

Alleged character assassination, defamation; Innoson sues GTB for N400 billion 

Businessman Innocent Chukwuma and his company, Innoson Nig Limited, have filed a fresh lawsuit against Guaranty Trust Bank PLC in the High Court of Federal Capital Territory, Abuja, claiming N400 billion damages for injury to their reputation, moral character, credibility, office, vocation and trade. They are also seeking an order of perpetual injunction restraining GT…

Two die as rival cults clash in Ondo

No fewer than two persons died in separate clashes between two rival cults in Ondo town, Ondo State, on Wednesday. It was learnt that the clashes occurred in the Sabo and  Orisunmibare areas of the community. PUNCH Metro was told that the victims were Oluwole Samson and Wale Ajayi, suspected to be members of the Eiye…