The demand stems from an alleged unsettled debt of N13.5 billion Otudeko owed Ecobank Nigeria Limited.
The report obtained from FITC's website also highlighted a total of 12,553 recorded cases of fraudulent activities during this period.
Controversial Sale of 4.7 Billion FBN Holdings Units Raises Suspicions of Oba Otudeko's Involvement and Questions Corporate Governance
The Share Buy-Back Programme received unanimous approval from DCP's shareholders during the Extraordinary General Meeting held on December 13, 2022
The directive requires these institutions to intensify their monitoring of transactions involving businesses and individuals from Cameroon, Croatia, and Vietnam.
The projection stems from Ecobank Nigeria notable improvement in creditworthiness compared to other Nigerian issuers.
Effective immediately, customers can now withdraw up to N200,000 per day, regardless of whether they hold an account with Zenith Bank or another financial institution.
Experts Raise Concerns over Impact of PoS Price Revision on Financial Inclusion and Business Viability in Lagos State
Nigerian currency experiences a 0.38% decline against the US dollar at parallel market, raising concerns over exchange rate stability.
Global oil prices declined slightly on Wednesday as concerns over the slowing global economy outweighed supply cuts by top crude oil exporters.