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Three Nigerians Indicted Over $6m Fraud In US

Three Nigerian Nationals Facing Federal Charges Related to a Fraud Scheme With Losses of More Than $6 Million First Defendant Extradited to the United States Arrived on April 12, 2023 Greenbelt, Maryland – The first of three defendants, Kosi Goodness Simon-Ebo, age 29, has been extradited from Canada to the United …

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CBN To Take Over Money In Dormant Accounts

A new regulatory framework established by the Central Bank of Nigeria (CBN) will allow it to take over billions of naira from dormant bank accounts, store them, and use the revenues to buy treasury bills and other government securities. In recently released guidelines on the management of dormant accounts, unclaimed …

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