First Bank

Thursday, December 28, 2023

10 killed, 59 injured in multiple vehicle collision in northwestern Türkiye

In a devastating incident in Türkiye’s northwestern province of Sakarya, a collision involving seven vehicles resulted in the tragic loss of 10 lives and left 59 others injured on Thursday morning (Dec. 28).

The accident occurred at Sakarya section of the North Marmara Motorway in the Istanbul direction, involving three buses and a truck in a chain reaction collision, the cause of which is yet to be determined.

As a consequence of the accident, traffic on the Istanbul-bound lanes of the motorway came to a standstill.

Sakarya Governor Yasar Karadeniz, in a statement, provided initial details, indicating that 10 individuals lost their lives in the incident, while 59 sustained injuries.

Governor Karadeniz also highlighted that the injured have been promptly transferred to hospitals, and emergency response teams are actively engaged in ongoing efforts in the affected region.

Zenith Bank Emerges Best Bank For Digital Solutions In Nigeria In The Euromoney Awards 2023

Zenith Bank Plc has been named the “Best Bank for Digital Solutions in Nigeria” in the Euromoney Awards for Excellence 2023, underscoring the bank’s pioneering and outstanding achievements in delivering cutting-edge digital financial solutions.

Speaking on the recognition, the Group Managing Director/CEO of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, said, “We are delighted to receive the distinction as the Best Bank for Digital Solutions in Nigeria. This accolade serves as a validation of Zenith Bank’s trailblazing initiatives in integrating advanced technology within Nigeria’s financial services sector. Our commitment to expanding the horizons of digital financial services is unwavering, and we will persist in our efforts to innovate and deliver enhanced value to our customers and stakeholders.”

Thursday, December 21, 2023

Zenith Bank Achieves Distinction As Sole Nigerian Brand On World Finance 100 Listing For 2023

Zenith Bank Plc has been listed in the World Finance 100 2023 released by World Finance Magazine, achieving the feat as the only Nigerian company in the prestigious and exclusive listing. Zenith Bank’s inclusion in this elite list underscores the bank’s outstanding achievements and resilience in a dynamic and competitive global market.


The World Finance 100 celebrates companies that have reached the pinnacle of achievement across a wide variety of fields of expertise. Each year World Finance compiles the list of 100 companies, purely based on excellence in their field. The list presents the new business elite, made up of those whose vision and enterprise shapes the conceptual landscape of finance, business and technology. Notably, Zenith Bank stands as the lone Nigerian company and one of just three African companies to earn a place on this esteemed list for 2023, alongside industry titans such as Apple, Amazon, and Alphabet.


Tuesday, December 5, 2023

Lagos, EFCC fight over N4.8 billion fraud case against Ibeto, trial stalled again

The planned arraignment of the Chairman of Ibeto Energy Development Company, Chief Cletus Ibeto, over an alleged N4.8 billion fraud, once again failed to hold on Tuesday at the Lagos High Court sitting in Ikeja due to a tussle between the Lagos State Government and the Economic and Financial Crimes Commission (EFCC).

According to reports, the lawyers to Ibeto, led by Uche Obi, a Senior Advocate of Nigeria (SAN), told Justice Ismail Ijelu that an issue of legal representation had arisen following moves by the office of the Lagos State Attorney-General and Commissioner for Justice to take over the prosecution of the case.

The EFCC through its counsel, Senior Advocate of Nigeria, Rotimi Jacobs, described the move as “an attempt to scuttle the trial, which has just been adjourned the fourth time with the defendant failing to show up in court.

Planned takeover of case by Lagos Government

Following the resumption of proceedings, the Lagos State Director of Public Prosecutions (DPP), Dr Jide Martins, appeared in court on behalf of the state’s Attorney-general, Lawal Pedro (SAN).

Martins informed the court of a petition written by the law firm of another Senior Advocate of Nigeria, Robert Clarke, seeking a review of the case file and the outright takeover of the case by the office of the Attorney-General.

The DPP further told the court that although the Ministry of Justice had written to the EFCC requesting the case file, the AG had yet to decide on the issue.

The defence council, Obi, then urged the court to adjourn the case until the issue of legal representation is resolved.


U.S. Secret Service confiscates Binance account over $2.5 million scam proceed of a Nigerian

The United States Secret Service has taken over the Binance account of 32-year-old male of Nigerian descent, Olamide Shanu, after tracing his account to a $2.5 million wire fraud, money laundering and sextortion scheme, court filings obtained by Peoples Gazette have revealed. 

The allegations mounted against Mr Shanu and the manner the fraud scheme was perpetrated mirrored the operation of internet fraudsters in Nigeria known as Yahoo boys.

Scouting social media platforms such as Instagram and Snapchat for male teenagers and unsuspecting adults to defraud, Mr Shanu posed as a female to obtain the explicit images and videos of his victims after forming a deceptive intimate relationship with them. He then threatened to send the nudes to their friends should they refuse to send the requested sum and more sexual videos.

“Hello Fams this is [(CC-3)] naked pictures and dick he’s [(CC-3’s Username)] on Instagram,” the indictment sheet against Mr Shanu filed in the U.S. District Court for the District of Idaho and stamped by clerk Stephen Kenyon on November 14 read.