The Securities and Exchange Commission (SEC) has informed the investing public that it would continue to use its enforcement procedures, including coordination with other relevant government...
The Lagos State High Court, Ikoyi division, has ordered the payment of N18.8 billion to investors who were scammed by a couple, Bamise Ajetunmobi and Elizabeth...
The Securities and Exchange Commission (SEC) has warned Nigerians against investing in FinAfrica Investment Limited and Poyoyo Investment Nigeria Limited (PILVEST). SEC in a statement issued...
The Economic and Financial Crimes Commission (EFCC) has arrested the operator of Inks Nation Ponzi Scheme Omotade-Sparks Amos Sewanu, in Sokoto State. The EFCC Head of...
The month of March saw Bitcoin hit one of its projections for the year, after surpassing the $60,000 mark on Sunday, March 14, 2021. The most...
The Nigerian Financial Intelligence Unit, NFIU, has announced that it would start delisting dormant or shell companies from the month of September this year. Shell companies...
There is respite coming the way of investors in Dantata Success and Profitable Company as the Securities and Exchange Commission (SEC) has announced the commencement of...
The Economic and Financial Crimes Commission (EFCC) has arraigned one Mr Uno Michael Eke of Micheno Multi-Purpose Cooperative Society before Justice Simon Amobeda of the Federal...
The chief executive officer of Galaxy Transportation and Construction Services Limited, Babagana Dalori, has been arrested by the Economic and Financial Crimes Commission (EFCC) for allegedly...
By Osamede Arhunmwunde… I won’t blame you if you think Bitcoin is just a scam. Why would you trust a digital currency like Bitcoin? Many people...
Nigerian investors in the Mavrodi Mondial Movement (MMM) Ponzi scheme face more gloom following a statement issued by the MMM office to all participants last week...
Apostle Johnson Suleman, founder of the Omega Fire Ministry, who earlier described popular Ponzi scheme MMM as demonic, has reportedly sacked a pastor in one of...
By Reuben Abati… “Happy New Year, my brother” “What do you mean happy new year, more than two weeks into the New Year. Have I not...
“This is to officially inform you that MMM Nigeria is open for business a day earlier than promised! Let’s go there Nigerians!”@MMMNigeriaHelp posted on its time-line....
Scores of Nigerian’s are now heaving a sigh of relief after the controversial MMM Ponzi scheme announced via its official Twitter page that it is resuming...
More shock awaits subscribers to the MMM scheme in Nigeria over news that the managers may further postpone unfreezing of their accounts billed to take place...
On preparation for its expected return on January 14, the Ponzi scheme Mavordi Mondial Movement (MMM) promoters have issued instructions to its participants whose accounts were...
Days after the media was awash with news that Pastor Mathew Ashimolowo and his 12,000-member church in Britain, Kingsway International Christian Centre (KICC) lost the sum...
An inquiry report published recently by the Charity Commission for England and Wales, has revealed that Pastor Mathew Ashimolowo and his 12,000-member church in Britain, Kingsway...
The drama around the Ponzi scheme, which got suspended recently, seems to have revealed the hidden sides of some Nigerian celebs. Reports say a few of...
‘Sekem’ exponent MC Galaxy seems to be the latest Nigerian celebrity who has funds frozen with Ponzi scheme MMM. The viral musicIAN took to his Instagram...
The fear of many on the credibility of Mavrodi Mondial Money box (MMM) may have become true as more than $700 million belonging to Nigerians, who...
Scores of Nigerians who are involved in the Mavrodi Mondial Movement generally known as MMM by way of investing and benefiting from the Ponzi scheme, are...
