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Why diaspora remittances for Nigeria declined in 2016 -World Bank




Staff, (Nigerian Tribune) - Latest edition of Migration and Development Brief, a publication of the World Bank released last week claimed that remittances to Nigeria from abroad fell by 10 per cent. In 2015, diaspora remittances to the country stood at $21 billion and it made Nigeria sixth largest receiver of remittances in the world.

 

RECENT TOP HEADLINES
A Nigerian man, Wiseman Oputa, convicted of $500,000 wire fraud and Internet scams in the U.S.




Staff, (NAN) - United States Federal court has convicted a Nigerian, Wiseman Oputa, who set up a number of bank accounts with bogus passports over a year, in which he managed to steal at least $500,000 through wire fraud and Internet scams.

30 Manchester United fans electrocuted in Calabar




Staff, (NAN) - Over 30 people are feared dead at a football viewing centre in Calabar after being electrocuted by a high tension cable that reportedly fell on them. They were watching a UEFA Europa League quarter-final match between Manchester United and Anderlecht on satellite television

Nigerian hacker, Obinna Obioha, 31, admits $6.5m fraud in U.S. court




FBI, (NAN) - Obinna Obioha, 31, and a Nigerian hacker has pleaded guilty to wire fraud, and admitted to participating in a scheme to hack into computers and email accounts in the United States for the purpose of stealing money from American companies.

Nigerian, Abdullahi Shuaibu, 53, arrested for robbing 4 banks in the U.S.




Staff, (Vanguard) - Abdullahi Shuaibu, described by the New York Police department as an employee of the United Nations was arrested for robbing four Manhattan banks, all during his lunch hour.

Gov Wike and National Intelligence Agency (NIA) fight over ownership of $43m seized in Lagos by EFCC




Staff, (Punch) - The controversy surrounding the ownership of the $43.4m found by the EFCC at the Osborne Towers, Ikoyi, Lagos, has taken a dramatic turn. Gov Wike of Rivers State and the National Intelligence Agency (NIA) are claiming ownership of the money.

Forex fraud: Senate to publish names of importers, banks




Cecilia Ijuo, (NAN) - Senate has vowed to publish names of importers and banks found culpable in ongoing investigation into over N30 trillion alleged foreign exchange frauds perpetrated between 2006 and 2017.