Customers Cry To Court Over Polaris Bank Illegal Deductions of $30,769
They cleared out my account’ Women seek N10m from Polaris Bank over illegal deductions. Three businesswomen have told the Surulere Magistrate Court in Lagos that their domiciliary and Naira accounts were unlawfully frozen by their bank, adding that it also allegedly made illegal deductions of $30,769 from the accounts. The applicants – Adebomi Orogun, Kehinde […]
Read Full StoryN40,000 ‘Mysteriously’ Disappears From Realtor’s FairMoney Account
Oladeji Akanji, a realtor, has lamented the disappearance of N40,000 from his FairMoney account. Akanji said his father sent him N40,000 to pay his sister’s school fee on Thursday, but within an hour, an unauthorised transfer was made on his account and the money moved to the Sterling Bank account of one Idika Etea Idika. “On Thursday, […]
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Standard Alliance Life Assurance shuts offices after refusing to pay investors
John Ajayi, a civil servant, has explained how Standard Alliance Life Assurance Ltd., a Nigerian investment company, refused to pay him N300,000, being proceeds of an investment plan he subscribed to in 2016. The civil servant, in an interview, said his troubles began when the company would not pay him his money at the expiration […]
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How can Bitcoin affect the stock market of Chile?
Bitcoin and other digital currencies can impact the stock market of Chile in a few ways. Currently, Chile has strict regulations regarding the purchase and sale of securities, making it difficult for investors to trade stocks. Learn more at the profit-builder website. However, if Bitcoin were to be used as a means of payment for […]
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Understanding Bitcoin is a digital currency
Bitcoin is often hailed as a revolutionary new form of digital currency. Unlike traditional paper money, Bitcoin is entirely electronic, relying on cryptography and complex algorithms to maintain security and keep transactions accurate. To invest in bitcoin trading you can find more info here For this reason, many see Bitcoin as a more secure and […]
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How does bitcoin affect the food industry in the USA?
The food industry in the United States has been affected by Bitcoin in a few different ways: The rise in the value of Bitcoin has made it more expensive for companies to import food from abroad. It has led to higher prices for consumers, and some companies have even had to pass on these costs […]
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How can bitcoin affect the fishing sector of Chad?
Bitcoin can have a positive or negative effect on the fishing sector of Chad, depending on how it is used. If more people in Chad start using bitcoin to buy and sell fish, it could help the sector by increasing demand and prices. If you opt to invest, know how to maximize your bitcoin investment […]
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How can bitcoin affect the market of Primark?
Bitcoin may have both good and bad effects on the Primark market. On the one hand, if more people start using bitcoin as a means of payment, this could lead to increased demand for Primark’s products. Learn more about bitcoin trading at Bitcoin trading system. On the other hand, if the price of bitcoin fluctuates […]
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How can bitcoin affect Max Mara?
The most obvious way that bitcoin can affect Max Mara is through the price of the company’s stock. If there’s a hike in the value of bitcoin, the value of Max Mara’s stock will likely increase. Investors will see the company as more valuable and willing to pay more for its shares. To know more […]
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How can bitcoin affect the insurance sector of Canada?
Virtual currency is something that many people are interested in, but they don’t know how it works. This article will explore how bitcoin works, how it can affect the insurance sector of Canada, and what to consider before choosing a crypto exchange. The insurance sector in Canada is highly regulated. The Canadian government has established […]
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QTUM Price Prediction for 2023
Most people are familiar with the concept of cryptocurrency nowadays. Most know something about the two most popular cryptocurrencies: Bitcoin (BTC) and Ethereum (ETH). Bitcoin was the first cryptocurrency to appear. It has dominated the crypto market since its launch in 2009. It has become the most valuable cryptocurrency by market capitalization and selling price. […]
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Lekki Gardens allegedly defrauds customer of N9.9m in estate deal
ON September 17, 2018, Zakari Uthman and his wife Aishat walked up to the corporate office of Paradise Estate, Abuja, with the dream of owning a house. Prior to the visit, the couple had visited one of the firm’s project sites at Idu Sabo, a suburb in the Federal Capital Territory (FCT). Being a homeowner in […]
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Instagram Vendor Ifunaya Izundu Fails to Refund After Delivering Worn Dress’ to Customer
Titilope Olusiyi, a fashion designer, has accused Ifunaya Izundu, owner of ‘Boldcurve’, an Instagram clothing store, of defrauding her of N30,000, after she was sold a cloth inferior to what she ordered. Olusiyi told FIJ that she ordered a Fashion Nova dress, worth N30,000 from Izundu’s ‘Boldcurve’ on March 9, but upon delivery, a worn […]
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Lawmakers quiz FirstBank management over N94bn customs revenue
The House of Representatives has queried the management of First Bank of Nigeria over N94.345 billion revenue allegedly collected on behalf of Nigeria Customs Service (NCS). The House also queried the management over allegations of breach of agreement on Cash on Transfer (CoT) charges to the tune of N28.3 million. Rep. Oluwole Oke, the Chairman […]
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How Wema Bank Top Officials Used Redeemed Church Pastor’s Account For N1.7billion Money Laundering, Fraud
Some of the Wema Bank staff members fingered in the fraudulent activities are the bank’s Executive Director, Wole Akinleye; Head of Cooperate Banking, Emmanuel Edah and Head of Oil and Gas, Kingsley Ananwude.
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Nigerians Drag Kuda Bank Over Customer Experience
Twitter users drag Kuda Bank, a digital-only Nigerian bank following a video of police brutality within the bank premises amongst other customer dissatisfactions. A video of a customer being assaulted by some mobile police force within the bank premises surfaced on Tuesday, April 19, 2022. According to the victim’s brother identified as (@I_am_Jamotech), his brother went to […]
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Sabre Real Estate Denies Client N450,000 Refund After Cancelling Land Deal
Mike Oyediran, a print contractor, has accused Sabre Real Estate, a Lagos-based real estate firm, of refusing to make a N450,000 refund, months after a land purchase agreement was cancelled. Oyediran told FIJ that he paid N1 million to Sabre Works between December 2019 and the first quarter of 2020, for a piece of land […]
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Kuda Withholds Customer’s N42,000 — Because Money Was Withdrawn From ‘An Account With Insufficient Funds’
Wasiu Oseni, a car dealer, has accused Kuda, a digital-only Nigerian bank, of withholding N42,000 on his account since December 2021. Oseni told FIJ that he has been unable to withdraw the said amount from his Kuda account ever since. “I was very delighted when my brother sent that money to me on December 2, […]
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Sterling Bank Compares Jesus resurrection with Agege Bread
“Like Agege bread, He rose” reads the bold message on an advertisement sponsored by Sterling Bank for Easter. This advert sponsored in some print newspapers in Nigeria has however attracted condemnation from some Nigerians particularly Christians on Twitter who said that they considered the piece distasteful. In reactions across most of the social media, they […]
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GTCO depositors lose a whooping N2.57bn to fraud, forgery cases -Report
Depositors of Guarantee Trust Holding Company (GTCO) lost a whooping sum of Be.57 billion to fraud and forgery cases between 2020 and 2021. According to analysis of data provided by the bank in its audited financial statement for the full year 2021 and a copy made available to this medium, the bank reported N1.2billion fraud […]
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