Nigeria's oldest bank, First Bank, has launched legal proceedings to recover a staggering sum of approximately ₦40 billion ($29 million) allegedly embezzled by a rogue employee. The employee, Tijani Muiz Adeyinka, who managed the electronic products team at the bank's head office in Iganmu, Lagos, is accused of diverting funds to 98 bank accounts, including his wife's.The bank reported the incident to the Nigerian Police Force on March 25, 2024, and obtained three c...

The Special Military Task Force, Operation Safe Haven (OPSH), maintaining peace in Plateau and parts of Kaduna and Bauchi States, have arrested 13 suspects over alleged kidnapping, prison break, banditry, rustling and other criminal offences.Capt. James Oya, the Media Officer of OPSH in a statement on Tuesday in Jos, said that the troops also recovered 279 rustled cows and arms and ammunition.Oya explained that OPSH recorded the breakthrough in an operation it condu...

Governor Agbu Kefas has established a committee tasked with determining the value of all stolen property in Taraba State and locating it.The Secretary to the State Government, Barrister Gebon Kataps, provided the Daily Post in Jalingo, the state's capital, with a press release containing the announcement.The committee must figure out how many movable and immovable assets are located in Kaduna, including the liaison office in Lagos, Abuja, and any other region of the...