The Special Presidential Investigation Panel for the Recovery of Public Property (SPIP) says it has recovered about N118 million from two commercial banks in the country. The panel’s Head, Media and Communication, Ms Lucie-Ann Laha made this known in a press statement in Abuja on Tuesday.
INNOSON Nigeria Limited has filed a contempt action at the Federal High Court (FHC), Awka, Anambra State, against the managing director of Guaranty Trust Bank (GTB), Segun Agbaje, and two others, asking them to show why they should not be committed to prison. The other two are chairman of the bank, Mrs. Osaretin Demuren, and the secretary, Erhi Obededuo.
In an effort to mitigate losses to the financial sector through the activities of cyber criminals, the Central bank of Nigeria (CBN) has warned commercial banks on Automated Teller Machines (ATMs) infected by the hackers.
The Board of the Nigeria Entrepreneurs Award (NEA) has named Ecobank Nigeria as the Best Supporting Bank to Micro, Small and Medium Scale Enterprises in Nigeria for 2018.