Tag: Bank Account
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Sexagenarian dies after friend withdrew money from his bank account
A sexagenarian, Isak Wahab, has reportedly died from shock after an unauthorized withdrawal of N700,000 from his bank account, by his friend. The deceased’s wife, Monsurat, explained that her late husband’s friend, identified only as Ola, made the withdrawal, which she said led to the death of the sexagenarian.
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US court orders Deutsche Bank to surrender Trump’s accounts
A US Federal Appeal court ordered Deutsche Bank and Capital One to comply with a US House subpoena seeking a broad range of financial documents related to President Trump and his businesses. A three-judge panel of the Second Circuit Court of Appeals on Tuesday ruled 2-1 in favor of ordering “prompt compliance” with the subpoenas…
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Active bank account owners in Nigeria hit 122.4 million – NIBSS
Latest figures released by the Nigeria Inter-Bank Settlement Systems (NIBSS) have revealed that there are over 122 million bank accounts in Nigeria as at June 2019. This is a sharp increase from the figures recorded as at December 2018, which put the total number of bank accounts at 118.1 million. However, there is a stack…
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I didn’t confess to hiding my bank accounts – Onnoghen
The Code of Conduct Tribunal (CCT) has scheduled judgment for Thursday in the trial of the suspended Chief Justice of Nigeria (CJN) Walter Onnoghen. Onnoghen is being tried on a six-count charge in which he is accused of breaching the Code of Conduct for public officers by allegedly making false declaration of assets and also…
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I once wrecked my bank account for love- Stella Udeze
There are unusual things people do for love, even though it may not be the best decision. Rising Nollywood actress, Stella Udeze who has starred in more than 25 movies said she once wrecked her bank account for love. The English education graduate of Imo State University, opens up in this interview with TheNewsGuru on…
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Digital Payments: Why govts do not allow airtime deposits into bank accounts
Transactions made in cash are losing ground to digital payments, and governments around the world are considering the merits of losing paper currency for good, as Bloomberg puts it in a report detailing how close we are to a cashless society. While cash payments are losing grounds to digital transactions, one area that is yet…
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I don’t have $1.2bn in my bank account – Lai Mohammed cries out
The Minister of Information and Culture, Alhaji Lai Mohammed, says the report that he has 1.2 billion dollars (about N400 billion) in his bank account is “fake and vicious’’. The minister stated this, on Thursday, in Ilorin, at the Annual National Conference and General Meeting of the Nigerian Institute of Public Relations (NIPR) with the…