horleee:


Good day, please I need help, I'm expecting a delivery in Nigeria from UK for about 45 days now. From the tracking system I used it is showing (Item Leaving the UK. Your item has left the UK and is now on its way to the destination country). Can you please help me with update on my delivery as this package is very important to me.

immortalcrown:
Do white people do something like this?

Or, is Africa cursed with the most heartless people?

First Bank, a Nigerian bank with a market capitalisation of ₦829 billion has begun legal action to recover “huge sums of money” allegedly diverted by an employee at a head office team in Iganmu, Lagos. The employee, now on the run, allegedly diverted those funds to 98 bank accounts classified as first beneficiaries, including his wife’s.

The bank reported the incident to the Nigerian Police Force on March 25, 2024, and obtained three court orders between April 4–8, 2024 to block hundreds of bank accounts believed to have received the stolen funds.

Three people with direct knowledge of the incident told TechCabal that while the initial amount discovered to be diverted was around ₦12 billion, it now stands at around ₦40 billion ($29 million).

As a manager on the electronic products team at First Bank, the employee, identified by court documents as Tijani Muiz Adeyinka was authorised to process reversals for customers, said one First Bank employee with knowledge of the matter. It meant he controlled an account with which he processed those reversals and could credit merchant accounts.

Muiz allegedly used that authority to instead credit customer reversal requests to a merchant he controlled. As the last line of authorisation on the team, he allegedly did not need any further approvals, it allowed him to carry on diverting customer funds for almost two years without detection.

His scheme was eventually discovered when a customer made a complaint that was eventually escalated to the bank’s internal control unit. The control unit discovered several suspicious transactions and reported to the police.

“We hereby bring to your notice the discovery of fraudulent transactions into various transactions within and outside the bank and request your good offices to set up the machinery of investigation in place with a view to unravel the circumstances surrounding the said fraud and get the culprits apprehending to face the wrath of the law,” read a letter dated May 10, 2024, from First bank to the Lagos State Commissioner of Police.

First Bank did not respond to multiple calls and emails from TechCabal requesting comments.

A spokesperson for The Nigerian Police Force did not immediately respond to a request for comments. The spokesperson Economic Financial Crimes Commission (EFCC) did not respond to a request for comments.

“I discovered that one Muiz Tijani Adeyinka, a former staff of First Bank was involved in the nefarious posting of fraudulent transactions,” read a statement from the investigating Police officer in charge of the case signed March 26, 2024.

“It was discovered that he made some fraudulent transactions to his wife’s account number (name withheld) domiciled with Zenith Bank, which in turn transferred to other beneficiaries totaling thirty-four accounts which also gave birth to second beneficiaries domiciled with other banks totaling 1,190 accounts,” the statement added.

Across multiple court documents and complaints, First Bank did not state how much money was stolen. It was also silent on how the money was obtained while asking the Police to “unravel the circumstances surrounding the fraud.”

Despite a decline in reported cases in Q1 2024, fraud remains a big issue in Nigeria’s financial services industry. While fintech startups receive disproportionate scrutiny, the country’s biggest banks are often on the receiving end of fraud attacks too. In 2023, Access Bank lost ₦6.15 billion to fraud and Fidelity Bank lost ₦2.5 billion in three incidents, per a report from BusinessDay.

First Bank obtained an order on April 8 to block the bank accounts of the first and second beneficiaries of the illegally obtained funds from a Federal High Court in Lagos. The bank also obtained additional orders dated April 8 and May 5 from a Jalingo and a Lagos high court to block additional accounts believed to be involved in the incident.

One first beneficiary account reportedly used some of the stolen funds to buy the stablecoin USDT from several crypto traders, according to an anonymous email sent to TechCabal detailing their bank accounts.

Those traders claimed their only involvement was selling USDT and denied knowing the funds they received were proceeds of fraud. They have now been drawn into a legal battle with the bank with restrictions on their accounts at the time of this report.

pragmatistm:
How to install electric socket yourself at home.

Do like the video and subscribe the channel.

Ricci22:
Please where are the various train stations where I can catch this train?

Torg77:


but with these things how do you know the original hisense

jmoore:

I only know that of band B which is 102 naira. Their Band A tariff is the lowest in all DISCOs but their tariff of Band B to E is the highest compared to other DISCOs.

jmoore:


The information is not in public domain, can't find it on their website. But I am suspecting that every prepaid customer in all bands are currently being charged 102 naira per kwh.

Almost two months after the other 11 electricity distribution firms in Nigeria increased their tariff for Band A customers due to the prevailing economic situation in the country, Aba Power Ltd has adjusted its tariff.

Its managing director, Ugo Opiegbe, confirmed to newsmen in a telephone interview this morning that Band A Maximum Demand (MD) customers, who receive power for at least 20 hours daily, will now pay between N114.66 and N117.1 per kilowatt hour (KWh), from N109.79 KWh.

For non-MD customers in Band A, their tariff is even lower, pegged at N106.56/kWh.

“It is still the lowest in the country for that category of customers”, Opiegbe declared, contrasting it with rates charged by other electricity firms.

“Our Band A MD customers are primarily industrialists who are unfortunately experiencing serious headwinds, and it is because of them that Professor Bart Nnaji, the founder and chairman of the Geometric Power Group, established the 188-MW gas-fired plant in the Osisioma Industrial Layout of Aba”, Opiegbe noted.

Blitzking:

Can this school train pilots and how much is the fees?

Samfloxin:
Audio project, where in South East?

MonthlySalary:
What's the title of the movie?

Viqshaw:
Hello Sir, I must commend your good work so far.

Please I’m at a dead end looking for the brainbox of my Kia cerato. I’ve tried quite a few brainboxes and I’ll be glad if you can help me.

Here is my VIN:

Thank you!!

Jakumo:

I too initially considered the possibility that the filmed killing of that girl was simply a movie scene that looked a bit too real, however, the girl's reaction to that massive impact on her head left me in no doubt that what I saw occurred and resulted in a grotesque fatality.

mayDtolu:
Hello! How can I get a refund from Green Africa airline? I booked a round-trip flight from Ibadan to Abuja for which I paid 180k, but they canceled the flight a day before my trip, leaving me devastated.

I had to book another flight the same day using a different airline, but Green Africa has yet to refund my money despite filling out a refund form and reaching out to them via their social media account.

What else can I do pls?

Donr2024:
Hello Experts,

Please I need the brain box that will work for my car. It overheated and the overheating effected the engine, I had to change the engine. Now the brain box is not working. The details is as follows:

2015 Nissan Quasqai

Thank you

Lesbihornest:
Good day, please help me track this package from this US. It's supplements that I need urgently and it's taken months.

Thank you.