Business

LOTUS Bank Falls Victim to Internal Fraud Again, N1.13 Billion Lost

There is no reprieve yet for LOTUS Bank Limited as  the bank has again  been defrauded to the tune of N336,993,863.35 by one of its staff after been suffer a loss of N1,134,491,604.31(one Billion one hundred and thirty-four million four hundred and ninety one thousand six hundred and four Naira thirty one kobo about two months ago.

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NDIC Pays Condolence Visit To Yar’aduas Family

The Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, recently paid a condolence visit to the family of the late President Umar Musa Yar'adua to offer his sympathies on the passing of the late President's mother, Hajia Aya Dada Yar'adua.

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Blue Economy: Nigeria Set To Host Deep Seabed Workshop 

As part of efforts to harness the Blue Economy sector for sustainable growth and development in Nigeria, the Federal Ministry of Marine and Blue Economy is set to host a global workshop on Deep Seabed activities. This initiative is in collaboration with the Nigerian Maritime Administration and Safety Agency (NIMASA).

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NDIC, BOI, BDAN, Other Financial Institutions Set For $1 trn Economy Discourse At FICAN Conference

The Nigeria Deposit Insurance Corporation (NDIC), the Central Bank of Nigeria (CBN), the Bank of Industry (BoI), the United Bank for Africa, Access Holdings plc and a host of other banking and financial institutions have thrown their weight behind the 2024 conference of the Finance Correspondents Association of Nigeria (FICAN) featuring discussions on the ambitious $1 trillion economy target of the federal government of Nigeria.

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Drug Traffickers Warehoused Cocaine, Opioids In Female Sanitary Pads, Hair Cream

An enhanced methodology employed by drug traffickers to conceal consignments of cocaine and pharmaceutical opioids in ladies’ sanitary pads and hair treatment cream containers heading to the United Kingdom, Ireland and Cyprus have been intercepted by operatives of the National Drug Law Enforcement Agency (NDLEA), at three courier firms have frustrated in Lagos.

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