Lotus Bank

Lotus Bank sues 45 banks over alleged ₦1.1bn fraudulent withdrawals

A Federal High Court sitting in Ikoyi, Lagos, has been asked to intervene in a suit filed by Lotus Bank Limited seeking to recover ₦1,133,808,604.31 allegedly withdrawn by hundreds of its customers following a system failure that hit the bank’s electronic payment platform in July. The bank, in its motion on notice filed before Justice […]

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Tinubu Meets New Service Chiefs

Just In: President Tinubu Holds Meeting With New Service Chiefs

President Bola Tinubu, on Monday, held a meeting with the newly appointed service chiefs at the Aso Rock Villa in Abuja. The meeting marks the first official encounter between the President and the new service chiefs, appointed on Friday, after the Nigerian leader announced sweeping reforms in the country’s military hierarchy. At the time of

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