Connect with us


Just In: DSS reportedly arrests CBN Deputy Governor over $300 million fraud



In a recent development, the Department of State Services (DSS) has taken into custody Aisha Ahmad, the Deputy Governor responsible for Financial System Stability at the Central Bank of Nigeria, as reported by PMnewsnigeria.

NTA, formerly known as Twitter, disclosed that Ahmad’s detention is linked to suspicions of irregularly acquiring shares in Polaris Bank, Titan Bank, and Union Bank. The ongoing interrogation is focusing on the source of the $300 million used for the Union Bank acquisition facilitated by Titan Bank.

Aisha Ahmad assumed her role as Deputy Governor of the CBN on October 6, 2017, succeeding Sarah Alade, who retired in March of the same year. Her appointment was officially ratified by the Nigerian Senate on March 22, 2018.

In December 2022, the Peoples Gazette asserted that Ahmad played a pivotal role in the sale of Polaris Bank at an advantageous price, allegedly with aspirations of securing the position of Governor of the Central Bank of Nigeria (CBN). However, the CBN promptly refuted these claims, underscoring that the sale of Polaris Bank was a collective decision overseen by a committee comprising senior representatives from the Asset Management Corporation of Nigeria (AMCON) and the CBN.

The transaction was meticulously managed with external legal and financial advisors, and it garnered the approval of both Polaris Bank and the purchaser, Strategic Capital Investment Limited.

The CBN emphasized that no other party submitted a higher purchase offer, dispelling the allegations put forth by the Peoples Gazette. The institution is resolute in maintaining transparency and integrity in its operations, and it is expected that due process will be followed in the investigation.

LookCloserLerin (


News12 mins ago

Tacha seeks advice as ex-boyfriend tries to reconcile, surprises her with gift

News22 mins ago

BREAKING: Amid #Justice4Mohbad, Sam Larry Reactivates His IG Instagram Account [PHOTO]

News27 mins ago

Nollywood shouldn’t be a place for runs, lesbianism – Kanayo to actresses

Entertainment28 mins ago

“32 years of more pain than glamour” — Cynthia Morgan marks birthday with cryptic note

Entertainment38 mins ago

Moment Angel picks Soma over her boyfriend after eviction (Video)

Entertainment40 mins ago

Hairstylist blows hot, cuts off customer’s braids as she finds out she can’t pay, video stirs reactions

Entertainment42 mins ago

VeryDarkman overjoyed as Davido surprises him, shares dm (Video)

News42 mins ago

If I didn’t have a boyfriend I would’ve dated Neo – CeeC

News1 hour ago

Taraba State Government approves N85,000 stipend for corps members

Entertainment2 hours ago

Phyna and Chichi air each other’s dirty laundry as they fight dirty online

News2 hours ago

BREAKING: Thriller In Abuja As IBB Golf Club Tourney Tees Off With Brand New PAN Car As 1st Prize

Entertainment2 hours ago

Regina Daniels replies those questioning her decision for marrying her husband

Entertainment2 hours ago

“She was her school chaplain” – Old video of Angel leading worship at her secondary school causes stir

Entertainment2 hours ago

“My singlet got to national TV before you” – VeryDarkman lampoons Yhemolee [Video]

News2 hours ago

NDDC Fast-Tracks Key Bayelsa, Rivers Link Road For Commissioning