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GTBank warns customers against fraudsters

Guaranty Trust Bank (GTBank) Plc has warned its customers against divulging their personal data to any person order than the bank.
According to a statement by the bank, “Our attention has been drawn to mails being sent out by fraudsters, requesting for such sensitive information as Internet Banking Account and ATM Card Details. Some of these mails also request that customers update their account records by clicking on links to fake Internet banking and Interswitch websites.”

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SON advocates review of criminal law

The Standard Organisation of Nigeria (SON) has advocated for a review of the criminal law.
SON Director General, Dr. John Akanya, who made the call, while receiving a delegation of the Port Industry Anti-Corruption Standing Committee (PIACSC), led by the Chairman, Mr. Val Usifoh, asserted that the review become necessary in order to have more stringent punishments for importers of substandard goods and their collaborators as the current provisions in the constitution have become inadequate to serve as deterrent to offenders.

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Insurers need more retail agents – NAICOM

The insurance industry needs more retail agents to effectively enforce compliance to the compulsory insurnace products and achieve bout 80 per cent insurance culture in the country.Consultant to National Insurance Commission (NAICOM), Mr. Yemi Soladoye said in Lagos the number of insurance agents in the industry at present is inadequate and there is need for significant increase in the number of agents operating in the sector.

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