Yearly Archives: 2025

Bank Customers Tell CBN, NDIC to Step in Amid Exorbitant Charges From GTBank, Access, Others

[ad_1] Customers from various banks have raised concerns about frequent and unjustified debit notifications, with some reporting charges as high as N1,000 for daily withdrawals Complaints also include excessive SMS alert fees and electronic money transfer levies exceeding official regulations, prompting customers to demand action from regulatory bodies Bank representatives …

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Poshmark CEO and founder to step down

[ad_1] Fashion resale marketplace Poshmark announced on Monday that its founder, Manish Chandra, is stepping down as CEO. Namsun Kim, who has served as executive chairman since April, has been appointed as his successor.  Chandra founded Poshmark in 2011 alongside his three co-founders in a garage in Silicon Valley. Under …

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US government seized $1 million from Russian ransomware gang

[ad_1] The U.S. Department of Justice announced on Monday it has seized the servers and $1 million in bitcoin from the prolific Russian ransomware gang behind the BlackSuit and Royal malware.  According to the press release, a coalition of global law enforcement agencies, including from the U.S., Canada, Germany, Ireland, …

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