Crime fraud Metro

Cleric arraigned for alleged N870,000 ‘spiritual oil’ fraud

Reading Time: 2 minutes These are not the best of times for a 70-year-old man of the cloth as he has been docked for allegedly duping a businesswoman of N870,000. The clergyman, Emmanuel Bello, on Monday appeared in an Ikeja Magistrates’ Court in Lagos in a case of alleged fraud. Bello, who resides in Idimu, Lagos State, was charged Read More…

Banking

NEXIM bank clarifies N50bn alleged fraud, says says money used for 62 projects, others

Reading Time: 2 minutes The Nigerian Export-Import Bank (NEXIM), on Tuesday clarified the alleged mismanagement of N50 billion Export Development Fund released by the Central Bank of Nigeria (CBN), saying that 62 projects were supported using the intervention. Mr Tayo Omidiji, Head of Strategy and Communications Department, NEXIM Bank, made the clarification in a statement issued in Abuja. Omidiji Read More…