A corporate customer, Abdulrahman Ekundayo Multibusiness Global Enterprise, has instituted a suit against Kuda Microfinance Bank before the Federal High Court sitting in Lagos over the alleged unlawful freezing of its account. The suit, marked FHC/L/CS/2230/2025, was filed by the applicant through its counsel, Olalekan Ogunbunmi, reports The G...
•Central Bank of Nigeria headquarters, Abuja The Bank Customers Association of Nigeria has revealed that it has written to the Central Bank of Nigeria about the charges being deducted from customers’ accounts. This was disclosed by the president of BCAN, Uju Ogubunka, yesterday at the 2025 Artificial Intelligence conference organised by SuperN...
A woman, Sherifatu, has approached Grade A Customary Court, Mapo, Ibadan, Oyo State, seeking that her union with her husband, Adelani, be dissolved on the grounds of irresponsibility, lack of love and care, and constant fighting by the latter. Sherifat told the court that Adelani cared less about her welfare and that of their children, [&helli...
•Artificial Intelligence App BardAI Southeast Asia’s largest bank DBS said that 4,000 jobs could be cut in the next three years and be replaced by artificial intelligence as the technology becomes more advanced. “Over the next three years, we envisage that AI could reduce the need to renew about 4,000 temporary/contract staff across our 19 [&h...
Justice Gladys Olotu of the Federal High Court, Abuja, has ordered the Nigerian Army and First City Monument Bank to pay Major Akeem Oseni N416m in damages for wrongful conviction, denial of access to funds, and other violations. The judgment, delivered on October 28, 2024, followed an application by Oseni to enforce his fundamental rights, [&...
•Prophet Israel Ogundipe Popular prophet of the Celestial Church of Christ, Israel Ogundipe, has revealed how a bank offered him N1 billion loan. Ogundipe, who is the founder of Genesis Global Ministry, Lagos, said he was offered the loan to help him expand his ministry to reach more members globally. He revealed this while speaking […]...
•Hoodlums Hoodlums masquerading as protesters today vandalised a branch of one of the new generation banks at Tudun Wada in Kaduna South Local Government Area of Kaduna State. The spokesman of the State Police Command, Mansir Hassan, confirmed this to our correspondent in a phone conversation, reports Channels TV. He said that the hoodlums bro...
Justice Chukwujekwu Aneke of a Federal High Court sitting in Lagos has ordered a commercial bank to immediately pay N811,174,229.25 to the Chief Registrar of the court, which is the principal amount claimed by a fintech company, Shago Payments Limited against the bank. Trial judge ordered that the said sum be held in trust in […]
•United Arab Emirates The United Arab Emirates has denied approving $10k bank balance, and N640k fee requirements for Nigerians applying for visas into the country, reports The Cable. The Minister of Information and National Orientation, Mohammed Idris, announced on Monday, that the UAE authorities agreed to vacate travel restrictions imposed ...
•Dr Adaora Umeoji Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the award for a fourth consecutive year. The bank was also named as Best Corporate Governance, Nigeria for the third year running in the World Finance Corporate Governance Awards 2024. The awards, which [&helli...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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