Beneath the glossy veneer of rapid growth and digital convenience, OPay, once assumed as a beacon of Nigeria’s fintech revolution, is imploding. Investigations, corroborated by court documents, regulatory actions, extensive customer testimonials, and financial security analysts, reveals a platform riddled with systemic failures, leaving millions vulnerable to allegations of fraud, entangled in Kafkaesque customer…
The Economic and Financial Crimes Commission (EFCC) has officially declared Olasubomi Suji Ogundele, the Chief Executive Officer of Suji Moto, wanted in connection with a high-profile money laundering case and alleged diversion of funds. The EFCC’s announcement came following an extensive investigation into the financial activities of Suji Moto, a prominent player in the automotive…
At least three persons were m8rdered during a masquerader festival that began on Sunday in the Lagos Island area of Lagos State. It was gathered that some members of the family involved in the festival, who are also believed to belong to various cult groups in Lagos, hijacked the event and turned it into…
Jason Benson, a fast-rising Nigerian star better known as officialJaceBen, has released his much-anticipated single “PRESSURE”. The track features the sensational artist Bela, and together they delivered a sound that is already winning hearts across the music scene. Released under the backing of Complete Studio 369, managed by Maureen Obire, and fully sponsored by…
Guaranty Trust Holding Company Plc (NGX: GTCO; LSE: GTCO) has increased the paid‑up share capital of its wholly owned banking subsidiary, Guaranty Trust Bank Limited (GTBank), to ₦504.04 billion, following a rights issue subscription that injected ₦365.85 billion into the lender. GTCO said it subscribed to 6,994,050,290 new ordinary shares of 50 kobo each issued…
The Economic and Financial Crimes Commission (EFCC) has declared Rabiu Auwalu Tijjani wanted over his alleged involvement in a financial crime amounting to nearly $2 million. In a statement released by the commission’s spokesperson, Dele Oyewale, the EFCC said Tijjani is wanted in connection with a case of conspiracy, obtaining money by false pretence, and…
Digital solutions company, Globacom, has moved to excite its customers with the launch of three innovative products which also offer amazing rewards to users. The products are Animation World Promo, Sport Brain, and Treasure Spin. In addition to offering subscribers content designed for varying interests, they also empower them with instant prizes including cash, airtime…
The Lagos State Police Command has arrested the most wanted, vicious, and notorious hired killer, Wasiu Akinwande, popularly known as Olori Eso. Truetells Nigeria reports that the spokesperson of the state command, Benjamin Hundeyin, in a statement issued on Friday, said the 44-year-old man was apprehended during a coordinated tactical operation code-named ‘Silence, Speed and…
The leadership of the Lagos State Traffic Management Authority (LASTMA) is facing criticism due to an alleged effort to conceal the theft of an impounded excavator valued at approximately ₦70 million by two employees. Truetells Nigeria understands that the event, which took place on June 10, has caused turmoil within the agency, with numerous staff…
For the sixth consecutive year, Nestlé Nigeria has reaffirmed its commitment to environmental sustainability through a nationwide clean-up and community sensitization campaign. This initiative, executed in collaboration with the African Clean-Up Initiative (ACI) and local authorities, mobilized a total of 516 Nestlé Cares volunteers from the Nestlé head office, branch offices, and factories. The clean-up…
