Internet Hackers Attack Nigerian Bank, Steal N523 Million.
Suspected internet fraudsters hacked into the server of an old generation bank and stole a whopping sum of N523,337,100,00 from a customer’s account. The Public Relations Officer (PPRO) of the Police Special Fraud Unit (PSFU) Ikoyi, Lagos, SP Eyitayo Johnson,…
Kuda Bank Records N6 Billion Loss At The End Of 2021 Financial Year.
Kuda MFB, a fintech bank operating under the Nigerian microfinance bank licence, has been recording losses for the past two years according to new report from financial assessment organisation. By the end of the 2021 financial year, the company recorded…
African Development Bank In Partnership With Japan Launch $5 Billion Support For Africa’s Private Sectors
On Monday, the government of Japan and the African Development Bank announced a $5 billion financial cooperation under the fifth phase of the Enhanced Private Sector Assistance for Africa initiative (EPSA) from 2023 to 2025 in Tunis Tunisia. The announcement…