Keystone Bank Limited has alerted customers of the activities of one Mr. Obinna Onuselogu, who parades a company, Triple C Investment Limited, as an affiliate of the bank with the aim of defrauding unsuspecting members of the public.
The bank, in a statement yesterday, said Onuselogu, who used to be a staff, was no longer in its employ.
It added that anyone who transacts any business with him purportedly in the name of the bank does so at his/her own risk.
“Please note further that Keystone Bank is neither related nor affiliated to any company known as Triple C Investment Limited, which Mr. Onuselogu claims to be its chief executive officer.
“Anyone who transacts any business with him purportedly in the name of Keystone Bank does so at his/her own risk,” the statement said.
It was learnt that the ex-staff has been using the name of the bank and its executives claiming to be in partnership with the bank with the intent of defrauding unsuspecting members of the public.
The bank said it was working on a legal process and security agents to put an end to the unscrupulous activities of the so-called Tripple C Investment and its agents.

The Bonny Indigenous Fishermen’s Cooperative Union has set up a 20-man task force to work with the police and arrest any person or group of persons found with the polluted floating fish along Bonny sea and creeks.
President of the union, comrade Promise Bristol, made this known in a chat with newsmen in Bonny.
Bristol observed that a large quantity of different species of fish were found dead, floating on the sea, from the Atlantic Ocean to the communities and fishing ports in Andoni and Bonny Local Government Areas.
According to him, the species of fish included croaker, popularly known as “broke marriage”, “shine nose”, mackerel, among others.
Bristol lamented that the incident had brought untold hardship to the fishermen in the areas, saying that fishing is their only source of livelihood and appealed to government at all levels to come to their aid.
Bristol said the cause of the death of the fishes was unknown and warned members of the public against their consumption, pointing out that consumption of such fishes could be detrimental to human health.

Tonye Nria-Dappa

The Nigeria Employer’ Consultative Association (NECA) says policy measures to address demand and supply shocks will help address the rising inflation rate as well as stimulating the economy ahead of potential recession.
The NECA Director-General, Mr Timothy Olawale, made this known in a statement, yesterday while reacting to the release of the March 2020 Consumer Price Index (CPI).
The reports that data released by the National Bureau of Statistics has shown that the CPI, which measures inflation, increased by 12.26 per cent in March.
An analysis of the report released by the bureau on April 2, showed that Lagos witnessed a decrease in the general price of food items in March on a month-on-month basis.
The CPI increased by 0.06 percentage points from the 12.20 per cent recorded in February.
Olawale said: “Following the release of the March 2020 CPI, the Inflation rate has increased by 0.06 per cent from the February 2020 figure to 12.26 per cent rising for the eighth consecutive month and the highest inflation rate the country has recorded in 23 months.
“With the lockdown and closure of businesses, it is believed that recession looms in the economy amidst the rapid spread of COVID-19 pandemic.”
The director-general said that conventional policy measures currently being taken such as reducing interest rates and costs of borrowing, tax cuts and tax holidays were quite remarkable.
He said, however, that these conventional policy measures were quite potent when there were demand shocks.
“There are limitations to the successes that can be recorded when demand shocks are combined with supply shocks.
“It is already apparent from the emergence of the current crisis that there are implications on the economy from both the demand and supply sides.
“Some of the demand factors include social distancing with consumers staying at home, limitations in spending and declining consumptions.
“On the supply side, factories are shutting down or cutting down production and output, while in other instances, staff work from home to limit physical contact,” he said.