The Securities and Exchange Commission has restated its commitment to intensifying the fight against Ponzi schemes in Nigeria, saying it will deepen inter-agency cooperation to identify and prosecute individuals and …
Alpha Morgan Bank Plc, together with two of its major customers — NEM Insurance Plc and Extension Publications Limited — has dragged 19 financial institutions to the Federal High Court …
The Economic and Financial Crimes Commission (EFCC) has arraigned a Lagos-based businessman, Ugoh Christogonus Onyewuchi, alongside his company, C-PAC Integrated Service Nigeria, before the Special Offences Court sitting in Ikeja, …
The Central Bank of Nigeria (CBN) has again warned the public to beware of fraudsters who are using its name to promote fake contracts, loans, and financial grants. In a …
The Securities and Exchange Commission (SEC) has issued a public warning against an online cryptocurrency trading platform, Tofro.com, labelling it as unregistered and potentially fraudulent. The commission described the platform’s …