Politics › Re: Conspiracy Of Silence Trails Sale Of NCAT Helicopters by aieromon(m): 9:32am On Jun 03, 2024 |
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Career › Re: A Man's Certificate Used To Wrap Suya (Picture) by aieromon(m): 7:32am On Jun 03, 2024 |
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Career › Re: A Man's Certificate Used To Wrap Suya (Picture) by aieromon(m): 6:43am On Jun 03, 2024 |
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Business › Re: Package Delivery Problems: USPS And NIPOST by aieromon(m): 12:40pm On Jun 02, 2024 |
horleee: Thank you so much. Please is there a way I can know it's exact location? No |
Celebrities › Re: Real Warri Pikin's Weight Loss & Body Transformation (video) by aieromon(m): 12:22pm On Jun 01, 2024 |
azadus18: Hope no be weight loss supplement she take Wrong Phranx1: Surgical procedure If you know, you knowShe said, “When I was plus-sized, one of the reasons I decided to do weight-loss surgery was an embarrassing situation at the bank. I entered into the bank door and the next thing I heard was, ‘Step back, one at a time, one at time’.”
She, however, admitted that she is suffering from the side effects of the surgery.
“Everyone is saying I look better and younger after the surgery but they don’t know what I am passing through. My breasts have become sloppy,” she lamented. https://dailypost.ng/2024/06/01/why-i-decided-to-do-weight-loss-surgery-real-warri-pikin/ |
Politics › Re: Abapower Lowest Tariff In The Country Is False by aieromon(m): 11:02am On Jun 01, 2024 |
igwebuike01: How is it false when it remain the lowest generally irrespective of whichever band? Lowest for who? Opiegbe said: “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.” |
Politics › Re: Aba Power Adjusts Tariff, Lowest In Nigeria by aieromon(m): 10:57am On Jun 01, 2024 |
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Politics › Re: Abapower Lowest Tariff In The Country Is False by aieromon(m): 10:56am On Jun 01, 2024 |
jmoore: I just saw the news that Abapower tariff is the lowest in the country. That is false and misleading.
The only truth is that Band A customers in Abapower have the lowest tariff compared to other Discos.
I reside in Aba and I am placed on Band B. Band B customers in Abapower are being charged 102 naira per kwh. While Ikeja electric is charging 62 naira for same Band B.
In summary Band B to Band E customers of abapower are paying more than other customers in other Discos. Thanks for the confirmation. |
Business › Re: Dangote Refinery Exports Jet Fuel To Europe by aieromon(m): 10:52am On Jun 01, 2024*. Modified: 5:28am On Jun 03, 2024 |
Akwamkpuruamu: Is Dangote Refinery made for Nigeria or abroad?
If for abroad why was he given dollars at a cheaper rate by the FG It's a 650,000bpd refinery. After satisfying incountry demands, the surplus refined products will be exported. |
Car Talk › Re: Help With Brain Box Number by aieromon(m): 10:40am On Jun 01, 2024 |
Donr2024: Many thanks @aieromon for that feedback.
If I buy another brain box of part number "23703-4EF0A'', do I need to program it again?
Appreciate your advise. Your keyfob needs to be paired to the "new" brain box in order for the car engine to start. |
Politics › Re: Aba Power Adjusts Tariff, Lowest In Nigeria by aieromon(m): 10:07am On Jun 01, 2024*. Modified: 10:35am On Jun 01, 2024 |
Deceptive. Why are they charging ₦102/kWh for Bands B to E? 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. |
Business › Re: Package Delivery Problems: USPS And NIPOST by aieromon(m): 9:59am On Jun 01, 2024 |
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. Package has not arrived Nigeria. |
Crime › Re: First Bank Employee On The Run After Diverting ₦40 Billion; Bank Begins Recovery by aieromon(op): 11:09pm On May 31, 2024 |
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Crime › First Bank Employee On The Run After Diverting ₦40 Billion; Bank Begins Recovery by aieromon(op): 8:50pm On May 31, 2024 |
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. https://techcabal.com/2024/05/31/first-bank-employee-on-the-run-after-40bn-fraud/
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Properties › Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by aieromon(m): 8:42pm On May 31, 2024 |
pragmatistm: How to install electric socket yourself at home.
Do like the video and subscribe the channel. You have good content for DIY heads. Keep it up. |
Politics › Re: FCT Residents Joyous As They Enjoy Free Ride On Abuja Metro Rail by aieromon(m): 6:43pm On May 31, 2024 |
Ricci22: Please where are the various train stations where I can catch this train?
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Technology Market › Re: Which Brand Has The Best Air Conditioner? by aieromon(m): 5:32pm On May 31, 2024*. Modified: 10:27pm On May 31, 2024 |
Torg77: but with these things how do you know the original hisense Buy from an authorised outlet.......in person. Hisense products are assembled in Nigeria by Fouani. |
Politics › Re: FCT Residents Joyous As They Enjoy Free Ride On Abuja Metro Rail by aieromon(m): 4:16pm On May 31, 2024 |
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Travel › Re: Abuja Light Rail - All The 12 Railway Stations That Are Completed by aieromon(m): 4:56am On May 31, 2024*. Modified: 4:17pm On May 31, 2024 |
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Politics › Re: How Abapower Is Overcharging Me by aieromon(m): 9:49pm On May 30, 2024*. Modified: 6:22am On May 31, 2024 |
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. If their plan is to offer uninterrupted power supply, Bands B to E will need to be collapsed into a single Band. |
Politics › Re: Umahi Dares Landmark To Publish Land Titles Over Property Demolition Claim by aieromon(m): 9:38pm On May 30, 2024 |
If e didn't dey, e didn't dey! |
Politics › Re: How Abapower Is Overcharging Me by aieromon(m): 9:25pm On May 30, 2024 |
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. Can you verify this? Do you know the tariff rates of the remaining bands? 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. https://businessday.ng/news/article/aba-power-adjusts-tariff-still-remains-lowest-in-the-country/ |
Politics › Re: Labour Party's Senator Victor Umeh Defends Re-Adoption Of Old National Anthem by aieromon(m): 6:10pm On May 30, 2024 |
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Education › Re: FG Electrifies 15 Varsities With 35MW Solar Grids by aieromon(m): 5:04pm On May 30, 2024 |
Good. |
Politics › Re: Confab Asks Nigeria To Return To Old National Anthem by aieromon(m): 7:19pm On May 29, 2024 |
Ten years later... |
Education › Re: FG Approves First Aviation School In South-East by aieromon(m): 2:28pm On May 29, 2024 |
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Education › Re: FG Approves First Aviation School In South-East by aieromon(m): 2:26pm On May 29, 2024 |
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Romance › Re: Please What's The Movie This Picture Is From by aieromon(m): 11:17am On May 29, 2024 |
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Politics › Re: David Hundeyin Blasts Nigerians For Not Paying Him $5 Per Month, Vows To Quit by aieromon(m): 12:24pm On May 28, 2024 |
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Car Talk › Re: Help! Brain Box Was Stolen And No Other Brain Box Seems To Work With The Car. by aieromon(m): 10:28am On May 28, 2024 |
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!! 39124-2B070 |
Travel › Re: Pelumi Nubi On A Solo Trip From London To Lagos By Car (Video) by aieromon(op): 9:28am On May 27, 2024 |
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Travel › Re: Pelumi Nubi On A Solo Trip From London To Lagos By Car (Video) by aieromon(op): 9:28am On May 27, 2024 |
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