unclemtech

FCMB Bank Manager Bags 121 Years Jail Over N112m Fraud

The former manager, First City Monument Bank, FCMB, Onitsha branch, Nwachukwu Placidus, has been sentenced to a cumulative of 121 years in prison for diverting fixed deposit funds of a customer to the tune of N112,100,000 (One Hundred and Twelve Million, One Hundred Thousand Naira only) for his personal use. …

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NNPC, Marketers In War Of Words Over Fuel Scarcity

The Nigeria National Petroleum Corporation has blamed the lingering fuel scarcity in the country on panic buying and sharp practices by some petroleum marketers who are exploiting the present situation to make more money. The company also vowed that the fuel queues across the country would end next week, noting …

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Opay, Palmpay, Others Warn Customers Against Crypto Trading

Nigerian fintech companies have warned their customers against trading in cryptocurrency or any virtual currency on their apps, threatening to block any accounts found engaging in such activities. CREATOR: gd-jpeg v1.0 (using IJG JPEG v80), quality = 82 At least four fintechs—Opay, Moniepoint, PalmPay and Paga—have communicated this development to …

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