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Nigerian Police Target 601 Suspects in N21.2 Billion Flutterwave POS Fraud Case

LAGOS, Nigeria — Nigerian authorities are intensifying efforts to prosecute individuals linked to a major fraud involving Flutterwave, a prominent fintech company, following a...

Illegal MTN Transactions: CBN Slams N5.87 Billion Fine On Standard Chartered, Stanbic IBTC, Diamond, Citibank

The Central Bank of Nigeria (CBN) has imposed a N5.87 billion fine on Standard Chartered Bank, Stanbic-IBTC, Citibank, and Diamond Bank over alleged illegal...

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